Northern State University Foundation

ABERDEEN, SD EIN: 23-7002314 Website

The Northern State University Foundation is dedicated to securing the future of Northern State University. Its purpose is to solicit and administer funds and to pursue other activities to advance this goal.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$70.8M

+11.5% YoY

Annual Giving

$6.2M

+7.4% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$1.2M

+7.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$39M20202021202220232024
Metric202420232022
Total Assets$70,844,993$63,521,925$67,511,706
Revenue$13,460,719$8,393,561$9,430,075
Expenses$8,534,566$7,737,550$11,162,432
Qualifying Distributions
Net Investment Income$2,364,294$2,366,529$2,267,141
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$9M$17M$26M$35M5 grants20205 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Northern State University$3.6MNorthern State University$1.5MNorthern State University$892KNorthern State University$133KNorthern State University$45K

Grant Size Distribution

25 grants across all recorded years

2<$50K2$50–100K3$100–250K$250–500K6$500K–1M10$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Northern State University Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Zach FlakusPresident/CEO/Non-Voting Dir…$187KKaylee BabcockCFO$89KDr Neal SchnoorNon-Voting Director$4K

From 2024 filing

NameTitleHoursCompensation
Zach FlakusPresident/CEO/Non-Voting Director40$187,363
Dr Neal SchnoorNon-Voting Director2$4,395
Megan BieglerChair2
Mike BockornyPast-Chair2
Steve StickelmyerChair-Elect2
Greg WiekerSecretary/Treasurer2
Chad BerganDirector0.5
Andrew Rehder to 10523Director0.5
Jennifer RingDirector0.5
Jim Koehler to 10523Director0.5
Mark McNearyDirector0.5
Allie RyckmanDirector1
Arthur RussoDirector0.5
Kyle SchwanDirector0.5
Ric DiasDirector0.5
Jess KoehlerDirector1
Kila LeGrandDirector0.5
Alex Grieben from 10523Director1
Jared Jacobson from 111623Director1
Kaylee BabcockCFO40$88,582

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Aberdeen

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

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