Fossum Foundation Inc

FARGO, ND EIN: 45-6013302

To assist in carrying out the purpose of the North Dakota State University Foundation, a nonprofit corporation, organized and existing for the support of North Dakota State University.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$581K

-0.6% YoY

Annual Giving

$97K

+95.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$48K

+95.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$61K$91K$121K20202021202220232024
Metric202420232022
Total Assets$581,333$584,746$536,328
Revenue$94,955$99,358$110,221
Expenses$99,238$51,532$67,947
Qualifying Distributions
Net Investment Income$8,393$3,249$1,430
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$48K$73K$97K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

North Dakota State Unive…$77KNDSU Foundation$20K

Grant Size Distribution

10 grants across all recorded years

8<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Fossum Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Allyson PetersonAssistant Secretary/Treasurer0.5
John ShotwellPresident0.02
Clyde FossumVice President0.01
Burdell FossumSecretary0.02
Carl LarsonTreasurer0.01
Karen MorrisonDirector0.03
Gregg HalversonDirector0.02
Donn DiederichDirector0.01

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Fargo

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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