Totals
- Total revenue
- $611,120
- Total expenses
- $605,204
- Contributions and grants received
- $535,651
- Grants paid
- $487,897
- Program service revenue
- $0
- Investment income
- $50,489
- Other revenue
- $24,980
- Total assets, end of year
- $1,205,938
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,205,938
- Program services expenses (Part IX)
- $512,918
- Management and general expenses
- $65,244
- Fundraising expenses
- $27,042
- Program service expenses (Part III)
- $512,918
Program services were 84.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$5,000
-
1f · All other contributions, gifts and grants
$530,651
-
1g · Noncash contributions included above
$296,101
-
3 · Investment income
total $31,896 · excluded $31,896
-
7a · Gross sales of assets other than inventory
securities $1,099,884
-
7b · Less cost or other basis and sales expenses
securities $1,081,291
-
7c · Gain or loss
securities $18,593
-
7d · Net gain or loss
total $18,593 · excluded $18,593
-
8a · Fundraising events: gross income
$24,980
-
8c · Net income from fundraising events
total $24,980 · excluded $24,980
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $487,897 · program services $487,897
-
11a · Fees: management
total $37,200 · management and general $37,200
-
11b · Fees: legal
total $13,835 · management and general $13,835
-
12 · Advertising and promotion
total $2,933 · fundraising $2,933
-
13 · Office expenses
total $3,864 · management and general $3,864
-
14 · Information technology
total $18,256 · program services $14,604 · management and general $1,826 · fundraising $1,826
-
16 · Occupancy
total $9,000 · program services $7,200 · management and general $900 · fundraising $900
-
17 · Travel
total $11,732 · fundraising $11,732
-
19 · Conferences, conventions and meetings
total $7,874 · program services $3,217 · management and general $4,657
-
23 · Insurance
total $2,962 · management and general $2,962
-
24a · Other expenses: OTHER EXPENSES
total $9,651 · fundraising $9,651
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $204,615 · end of year $44,504
-
2 · Savings and temporary cash investments
beginning of year $122,161 · end of year $247,590
-
3 · Pledges and grants receivable
beginning of year $33,825 · end of year $15,750
-
11 · Investments: publicly traded securities
beginning of year $802,517 · end of year $898,094
-
17 · Accounts payable and accrued expenses
beginning of year $3,291
-
27 · Net assets without donor restrictions
beginning of year $259,384 · end of year $264,201
-
28 · Net assets with donor restrictions
beginning of year $900,443 · end of year $941,737
Mission and programs · 2024
Mission
THE M STATE FOUNDATION EXISTS TO SUPPORT THE MISSION OF M STATE BY PROVIDING FINANCIAL SUPPORT TO HELP CREATE A SUCCESS STORY FOR EVERY M STATE STUDENT. OUR VISION IS TO CREATE A CULTURE THAT SUPPORTS LEARNING BY INVESTING IN THE KEY PRIORITIES THAT PRESENT THE GREATEST IMPACT AND GROWTH OF OPPORTUNITIES FOR THE STUDENTS WE SERVE.
-
PROVIDED 146 SCHOLARSHIPS FOR M STATE STUDENTS ON THE DETROIT LAKES, MOORHEAD AND WADENA CAMPUSES.
Expenses $512,918 · Grants $487,897
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert BesemanROBERT BESEMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Medley ShampMEDLEY SHAMP
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1.5
-
Kyle NylanderKYLE NYLANDER
TREASURER/SE
- Total calculated
- $0
- Hours/week
- 1.5
-
Chloe WesslerCHLOE WESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Loren HaagensonLOREN HAAGENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Jill BrandtJILL BRANDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Josh AstrupJOSH ASTRUP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Melissa LageMELISSA LAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Sabrina KemmerSABRINA KEMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Anthony StensgardANTHONY STENSGARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Wally SenykWALLY SENYK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Melissa WatsonMELISSA WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Leann MouwLEANN MOUW
EXECUTIVE DI
- Total calculated
- $85,982
- From this org
- $0
- From related orgs
- $85,982
- Other
- $0
-
Melvin Whitney JrMELVIN WHITNEY JR
FOUNDATION D
- Total calculated
- $36,575
- From this org
- $0
- From related orgs
- $36,575
- Other
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
M ST COMMUNITY & TECHNICAL COLLEGE
GOV · EDUCATION · MN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503369349300335
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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