North Dakota State Fair Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800625528 ✦ Minot, ND ✦ Designated as a 501(c)(3)

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Overview

What is North Dakota State Fair Foundation?

The North Dakota State Fair Foundation is a nonprofit organization situated in Minot, North Dakota. Their primary mission is to foster lasting relationships with donors and procure philanthropic contributions, thereby strengthening the North Dakota State Fair's initiatives. Recognizing the significance of agricultural and competitive experiences for youth, the Foundation offers various scholarships annually to deserving North Dakota high school seniors who have actively participated in or exhibited at the North Dakota State Fair for a minimum of two years. This year, 32 students were honored as part of the "North Dakota State Fair Graduating Class of 2022."


Official website here: www.ndstatefairfoundation.com

Is North Dakota State Fair Foundation legitimate?

North Dakota State Fair Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dakota State Fair Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,833

For more financial information, click here


Official website here: www.ndstatefairfoundation.com

What is the mission statement of North Dakota State Fair Foundation?

The North Dakota State Fair Foundation's mission is centered around establishing long-term relationships with donors. The primary objective is to procure philanthropic contributions that will boost and sustain the operations of the North Dakota State Fair Association. The foundation recognizes the significance of competitive and agricultural experiences for young individuals. Consequently, it establishes various scholarships, which it awards annually to North Dakota high school seniors who have demonstrated commitment to the North Dakota State Fair by competing or exhibiting there for at least two years. In 2022, thirty-two such seniors were honored as part of the "North Dakota State Fair Graduating Class."


Official website here: www.ndstatefairfoundation.com

Who is the CEO of North Dakota State Fair Foundation?

Todd Berning is the President of North Dakota State Fair Foundation.


Official website here: www.ndstatefairfoundation.com

What is the revenue of North Dakota State Fair Foundation?

North Dakota State Fair Foundation's revenue in 2022 was $188,480.


Official website here: www.ndstatefairfoundation.com

Who are the executives of North Dakota State Fair Foundation and what are their salaries?

There 10 volunteers at North Dakota State Fair Foundation.


Here are 8 key members and their salaries:


Todd Berning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Iverson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Beckman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Zimprich (Treasurer (Thru 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Grote Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schaunaman Director ((11/21-7/22), Treasurer (Began 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Ann Karsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ndstatefairfoundation.com

Where can I find the form 990 for North Dakota State Fair Foundation?

North Dakota State Fair Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ndstatefairfoundation.com

Learn more at the official website: www.ndstatefairfoundation.com

Mission Statement of North Dakota State Fair Foundation

The North Dakota State Fair Foundation's mission is centered around cultivating lasting relationships with benefactors. Their primary objective is to procure charitable contributions that will strengthen and promote the endeavors of the North Dakota State Fair Association. Recognizing the significance of competitive and agricultural experiences for the youth, the Foundation actively works towards establishing various scholarships. These scholarships are annually granted to high school seniors hailing from North Dakota, who have demonstrated their involvement and achievements in the North Dakota State Fair for a minimum of two years. In the year 2022, thirty-two such deserving students were recognized as part of the "North Dakota State Fair Graduating Class." The selection criteria for these scholarships were stringent, requiring applicants to meet specific qualifications.

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Impact




October, 2024

The North Dakota State Fair Foundation significantly enhances the impact of the North Dakota State Fair by fostering lifelong relationships with donors and securing philanthropic contributions. These funds directly support and elevate the activities of the North Dakota State Fair Association, which plays a vital role in promoting agricultural education and competitive experiences for youth in the region.

One of the Foundation's key initiatives is the provision of scholarships to high school seniors who have actively participated in the fair. For instance, in 2022, thirty-two talented seniors were recognized for their dedication and hard work, having exhibited or competed at the fair for a minimum of two years. These scholarships not only reward individual achievement but also encourage continued engagement in agricultural and recreational pursuits, reinforcing the important role that the fair plays in the community.

Through its efforts, the North Dakota State Fair Foundation cultivates an environment where youth can thrive, bridging the gap between education and hands-on experiences that foster growth and development in agriculture. Its commitment to nurturing emerging talent and supporting educational opportunities underscores the Foundation's profound impact on the lives of North Dakota's youth and the broader community.




This information is meant to be a general summary of North Dakota State Fair Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$188,480 (2022)
Expenses
$214,118 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,011
  • Program Service Revenue: $32
  • Gross Receipts: $690,543

Assets and Liabilities:

  • Total Assets: $1,391,073
  • Total Liabilities: $10
  • Net Assets: $1,391,063

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Organization Details

Founding Year

2010

Principal Officer

Todd Berning

Main Address

PO Box 1796, Minot, ND, 587021796

NTEE Category

Code: N52 - Recreation

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