Northern State University Foundation
- Company typePrivate
- Founded1969
- HeadquartersAberdeen, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Northern State University Foundation firmographics
Firmographics- Name
- Northern State University Foundation
- Legal name
- Northern State University Foundation
- Website
- https://northernstatefoundation.com
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Northern State University Foundation industry classification
Industry- Product category
- Higher Education Fundraising Services
- NAICS
- Grantmaking and Giving Services (81321)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Education Grantmaking Foundations (BPAGAKAK)
- akta.pro secondary industry
- Scholarship & Fellowship Foundations and Trusts (EDADAHAC)
Keywords
Where Northern State University Foundation is headquartered
LocationHeadquarters
- HQ city
- Aberdeen
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Northern State University Foundation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Donations and Gifts: The foundation receives charitable donations from alumni, individuals, and organizations. Donations can be made online, via cash, stock gifts, real estate, and other non-cash assets. These gifts support scholarships, programs, and university initiatives.
- Endowment Income: Endowed gifts generate investment income that is distributed annually to support designated purposes including scholarships, professorships, and programs. Endowed gifts remain in perpetuity with only the income used for awards.
- Planned Giving: The foundation accepts planned gifts including charitable remainder trusts, bequests, life insurance, and other estate planning vehicles that provide future support to the university while offering tax benefits to donors.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels10 records
Northern State University Foundation product offering
Product offeringCore offering
The Northern State University Foundation (NSUF) is a 501(c)(3) nonprofit organization that raises and manages private charitable gifts from alumni, individuals, organizations, and businesses to support Northern State University students, faculty, programs, scholarships, professorships, and capital projects. It administers endowed funds, planned giving vehicles (charitable remainder trusts, bequests, life insurance, real estate and stock gifts), and signature fundraising events (Northern Night, GiveNDay, Bourbon & Brews, Gypsy Days).
Product overview
The Northern State University Foundation operates primarily as a non-profit fundraising and alumni engagement organization rather than a technology product company. Its digital presence consists of a content and donor management website that facilitates scholarship disbursement, donor relations, alumni networking, and institutional advancement for Northern State University. The organization does not offer distinct software products, modules, or SaaS offerings in the traditional product intelligence sense.
Differentiator
Problem solved
Functional benefit
Products and services
- Freedom Scholarship Program
Quantifiable outcome
- Over $150 million in privately funded building projects and scholarships within a decade
- +2 more outcomes
Companies that use Northern State University Foundation
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
Northern State University Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Northern State University Foundation partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- Sanford Health / SPUR ProgramcoreNSU students participate in the Sanford Program for Undergraduate Research (SPUR), working at the Chandrasekar Lab on pediatric biomedical sciences and cell/molecular biology research. Funded by NIH R25 grant.
- Aberdeen Development Corporation (ADC)coreADC partnered with NSU to secure a $1.496 million EDA Venture Challenge grant for the Northern Innovation and Startup Center. ADC and NSU worked with CORI as part of the Rural Innovation Initiative to develop technology-related jobs and accelerate digital economic development in the Aberdeen region.
- Center on Rural Innovation (CORI)coreCORI partnered with Aberdeen Development Corporation and NSU through the 2022 Rural Innovation Initiative. CORI is a national nonprofit committed to advancing economic prosperity in rural America through digital economy ecosystems supporting tech entrepreneurship.
- Land O'LakessupportingLand O'Lakes supported Aberdeen's participation in CORI's Rural Innovation Initiative through its American Connection Project, helping fund technical assistance for rural digital economy development.
- South Dakota Board of RegentscoreState governing body that authorized NSU to pursue nursing degree programming and approved the Bachelor of Science in Nursing program.
- BlackbaudsupportingThird-party donation processing platform used for online giving through northernstatefoundation.com, enabling secure credit card and digital payments for donors.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
Northern State University Foundation competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Customer concentration
Northern State University Foundation social profiles
Digital presenceNorthern State University Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Northern State University Foundation leadership team
Management profileNumber of profiles
Profiles13 records
Northern State University Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Northern State University Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Northern State University Foundation
What does Northern State University Foundation do?
The Northern State University Foundation (NSUF) is a 501(c)(3) nonprofit organization that raises and manages private charitable gifts from alumni, individuals, organizations, and businesses to support Northern State University students, faculty, programs, scholarships, professorships, and capital projects. It administers endowed funds, planned giving vehicles (charitable remainder trusts, bequests, life insurance, real estate and stock gifts), and signature fundraising events (Northern Night, GiveNDay, Bourbon & Brews, Gypsy Days).
Is Northern State University Foundation a public or private company?
Northern State University Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Northern State University Foundation founded?
Northern State University Foundation was founded in 1969. It employs 1 to 10 people.
Where is Northern State University Foundation based?
Northern State University Foundation is headquartered in Aberdeen, United States, in the North America region.
How does Northern State University Foundation make money?
Three revenue lines are on record. Donations and Gifts are the primary driver. The others are endowment Income and planned Giving.
Does Northern State University Foundation have an API?
No public API is recorded for Northern State University Foundation.
What industry is Northern State University Foundation in?
Northern State University Foundation's product category is Higher Education Fundraising Services. Its primary akta.pro industry code is BPAGAKAK, Education Grantmaking Foundations, with a secondary code of EDADAHAC, Scholarship & Fellowship Foundations and Trusts. Its NAICS code is 81321 and its SIC code is 8200.