Grantmaking public charityEIN 450422671
UND Center for Innovation Foundation
Grand Forks, ND 58203
Total Assets
$8.7M
FY 2024
Annual Giving
$217K
FY 2024
Grants Made
3
FY 2024
Avg Grant
$72K
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$33KThe Foundation owns a wholly owned subsidiary that operates the North Dakota/Minnesota EB-5 Regional Center Program. The EB-5 program is an immigrant investor program focused on business development and job creation to stimulate economic activity and improvements in regional productivity through direct foreign investment. The program is administered by the US Citizenship and Immigration Service (USCIS) and the EB5 regional center is an entity approved by USCIS as a designated place to receive immigrant investor capital with new and emerging businesses. The North Dakota/Minnesota EB5 regional center received its designation in April 2011 and there are three portfolio companies with approximately 600 investors.
Program 2
$3KStudent Run Enterprises (SRE) engages students from across all disciplines at the University of North Dakota in experiential learning focused on the development of entrepreneurial and innovation skills. The purpose of student run enterprises is to establish legacy small businesses for students to manage and operate so they refine and develop their entrepreneurial skills. The students are provided with weekly, dedicated mentorship from a Center for Innovation staff member as well as a UND faculty subject matter expert to monitor their progress and encourage reflective practice on their business decisions.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$395K
Total Expenses
$439K
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
24 grants
Grant Size Distribution
24 grants
Geographic Focus
3 states
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