UND Alumni Association and Foundation
UND Alumni Association and Foundation reported $98.4 million in revenue and $52.9 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $71.29 went to program services, $20.06 to management and general costs and $8.65 to fundraising. Its largest source of revenue was contributions and grants: 74.9% of the total. Government grants made up 6.3%. The highest compensation it reported for one person was $425,491 (CEO/Secretary). 14 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2020 and FY2024. Source: Form 990, FY2024 (6 mo.).
Where $100 of spending went
The 6-month short period ending December 31, 2024 · Form 990, Part IX, line 25 · total expenses $53MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 6-month short period ending December 31, 2024 · Form 990, Part VIII · total revenue $98MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 71.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 74.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 9.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $425,491 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.80% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 14 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 121.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 22 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2024 (6 mo.) · Form 990, Part III · the three largest programs by expenseStudent support is a top priority. In FY24, the Organization granted over $12 million to the University of North Dakota to be used to award scholarships to students in the fiscal year. The student support priority to increase endowment support for scholarships will enable the University to recruit and retain top students
The Organization provided over $19 million in direct and indirect support to the University of North Dakota's initiatives for faculty, campus improvement projects, student programs and for the University's priority needs during the past fiscal year
The Organization provided over $2.3 million in Alumni Association support to the University of North Dakota for engagement activities that include Homecoming, chapter activities across the country to network with fellow alumni, the Alumni Review magazine and various other events that allow for graduates to keep connected and stay engaged in what is happening at the University
Highest reported compensation
FY2024 (6 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/Secretary Officer, 50.00 hrs/week | $379,073 | $0 | $46,418 | $425,491 |
| VP of Operations Highest compensated employee, 50.00 hrs/week | $211,877 | $0 | $34,850 | $246,727 |
| VP of Development Highest compensated employee, 50.00 hrs/week | $209,067 | $0 | $32,729 | $241,796 |
| of Finance and Operations Officer, 50.00 hrs/week | $203,837 | $0 | $32,817 | $236,654 |
| VP of Marketing & Communication Highest compensated employee, 50.00 hrs/week | $150,957 | $0 | $14,407 | $165,364 |
| Director of Development Highest compensated employee, 50.00 hrs/week | $123,715 | $0 | $12,329 | $136,044 |
| VP of Talent Management Highest compensated employee, 50.00 hrs/week | $117,411 | $0 | $17,672 | $135,083 |
14 people received more than $100,000 in reportable compensation from UND Alumni Association and Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $707K (Part IX, line 5).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 (6 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b22 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 591
- Volunteers Part I, line 622
Largest outside contractors
FY2024 (6 mo.) · Form 990, Part VII, Section B · businesses only| SEI Investment Management | $1,486,821 |
| Community Contractors Inc Construction Services | $814,590 |
| Forum Communications Printing Printing | $287,601 |
| Heller Consulting Inc CRM System Consulting | $215,910 |
| Kaspick Investment Management | $206,570 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
15 private foundations reported grants to UND Alumni Association and Foundation totaling $950K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from UND Alumni Association and Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for UND Alumni Association and Foundation, you can publish a response that is linked from this page.
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Of every $100 UND Alumni Association and Foundation spent in FY2024, $71.29 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Carlow UniversityPittsburgh, PA · revenue $98M · programs 86.5% · FY2025
- Early Learning Coalition of DuvalJacksonville, FL · revenue $99M · programs 96.9% · FY2025
- Kettering UniversityFlint, MI · revenue $98M · programs 87.2% · FY2025
- UCF Athletics AssociationOrlando, FL · revenue $99M · programs 76.1% · FY2025
- Menlo SchoolAtherton, CA · revenue $98M · programs 91.5% · FY2025
Questions people ask
How much of UND Alumni Association and Foundation's spending goes to programs?
In the fiscal year ending June 30, 2024, UND Alumni Association and Foundation reported that 71.3% of its $52.9 million in expenses went to program services, 20.1% to management and general and 8.6% to fundraising (Form 990, Part IX).
How much does UND Alumni Association and Foundation pay its top executive?
The largest total compensation UND Alumni Association and Foundation reported for one person in the fiscal year ending June 30, 2024 was $425,491, for the role of CEO/Secretary (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does UND Alumni Association and Foundation get its money?
Of $98.4 million in revenue in the fiscal year ending June 30, 2024, 74.9% came from contributions and grants (including 6.3% from government grants) and 9.2% from program service revenue (Form 990, Part VIII).
Is UND Alumni Association and Foundation a registered charity?
The IRS lists EIN 45-0348296 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2024 (6 mo.): Form 990 for the 6-month short period ending December 31, 2024, object 202543149349303209 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349304218 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421279349301967 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321289349302067 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211309349304686 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121329349304217 · read the filing
All filings for EIN 45-0348296: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.