NonprofitsFossum Foundation Inc

Fossum Foundation Inc

FARGO, ND

Total revenue

$95K

Total expenses

$99K

Net assets

$572K

Grants received

EIN

456013302

Tax year

2024

Mission

To assist the North Dakota State University Foundation in carrying out its exempt purpose of supporting North Dakota State University.

Programs

2 programs

Grants to North Dakota State University (1340 Administration Ave, Fargo, ND 58102) for the following: $76,918 was used to support the NDSU undergraduate merit scholarships program.

Expenses: $77KGrants: $77K

...........................................................

0

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$8K
Other revenue$87K
Total revenue$95K

Expenses

Grants paid$97K
Salaries & benefits
Fundraising
Other expenses$2K
Total expenses$99K
Total assets$581K
Net assets$572K

People

8 listed

NameRoleCompensation

Allyson Peterson

Assistant Secretary/Treasurer

Board

0.5 hrs/wk

John Shotwell

President

Board

0.02 hrs/wk

Clyde Fossum

Vice President

Board

0.01 hrs/wk

Burdell Fossum

Secretary

Board

0.02 hrs/wk

Carl Larson

Treasurer

Board

0.01 hrs/wk

Karen Morrison

Director

Board

0.03 hrs/wk

Gregg Halverson

Director

Board

0.02 hrs/wk

Donn Diederich

Director

Board

0.01 hrs/wk

Details

EIN456013302
Subsection03
Ruling date1963-04
Formed1959
Employees0
Volunteers8
FOSSUM FOUNDATION INC — Mission, Financials & Grants Received | Grantivo