2026-02-23T16:27:33-06:00 2025-06-30 450334950 WIDMER ROEL PC 4220 31ST AVE S FARGO ND 58104 990 2024-07-01 456013477 MAYVILLE STATE UNIVERSITY FOUNDATION MAYV 7017884687 330 3RD ST NE MAYVILLE ND 58257 LON JORGENSEN EXECUTIVE DIRECTOR 7017884687 2026-02-20 1 0 TRACEE S BUETHNER CPA P01292877 7012376022 2024 2025-03-06 01:10:19Z LON JORGENSEN 330 3RD ST NE MAYVILLE ND 58257 13600317 0 X MAYVILLESTATE.EDU X 1961 ND SUPPORT ACTIVITIES OF MAYVILLE STATE UNIVERSITY 15 14 3 140 0 0 5026516 1722458 211632 195051 175071 2036490 86750 74616 5499969 4028615 1028802 1199373 0 0 178408 219597 0 0 330487 528966 728922 1736176 2147892 3763793 1880723 18766675 20592919 1111852 1413853 17654823 19179066 SUPPORT ACTIVITIES OF MAYVILLE STATE UNIVERSITY. 0 0 1681898 1199373 198775 SERVES AS THE LEGAL CONDUIT FOR THE ACCEPTANCE, INVESTMENT AND DISTRIBUTION OF PRIVATE GIFTS IN SUPPORT OF THE ACTIVITIES AND PROGRAMS OF MAYVILLE STATE UNIVERSITY 1681898 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 2 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 X LOGAN SHERVA 7017884687 330 3RD STREET NE MAYVILLE ND 58257 MARK OLSON CHAIR 3.00 X X 0 0 0 KATHY SAWA VICE CHAIR 1.00 X X 0 0 0 RACHELLE FETTIG SECRETARY 1.00 X X 0 0 0 TOM CAPOUCH TREASURER 1.00 X X 0 0 0 BRIAN VAN HORN MSU PRESIDENT (NON-VOTING) 1.00 X X 0 0 252991 RHONDA NELSON LIASON TO CAC 1.00 X X 0 0 0 ROCKY LARSON MSU ATHLETIC DIRECTOR 1.00 X X 0 0 0 DON CAVALIER LIASON TO ALUMNI BOARD 1.00 X X 0 0 0 DONN HANSON BOARD MEMBER 1.00 X 0 0 0 JIM LIPSIEA BOARD MEMBER 1.00 X 0 0 0 STEVE LOVAS BOARD MEMBER 1.00 X 0 0 0 HEATHER HOLMAN BOARD MEMBER 1.00 X 0 0 0 TIM PRATT BOARD MEMBER 1.00 X 0 0 0 KELLY PETERS BOARD MEMBER 1.00 X 0 0 0 LOWELL NELSON BOARD MEMBER 1.00 X 0 0 0 LON JORGENSON EXECUTIVE DIRECTOR 40.00 X 113587 0 35221 113587 0 288212 1 0 0 0 0 34060 1688398 9135 1722458 ENDOWMENT MANAGMENT FEE 523940 195051 195051 195051 525785 525785 6968518 5457813 1510705 1510705 1510705 34099 34060 25947 8152 8152 4150682 4087942 62740 62740 CHANGE IN CASH VALUE 900099 2653 2653 MISCELLANEOUS REVENUE 900099 1071 1071 3724 4028615 198775 0 2107382 1199373 1199373 151591 51541 50025 50025 68006 23122 22442 22442 61773 23174 38599 57813 57813 21858 21858 21050 21050 303063 266268 2916 33879 15821 15821 659 659 193616 733 116 192767 2353 2353 14459 14459 -5063 -5063 FEES AND PUBLICATIONS 20214 11852 8320 42 BAD DEBT EXPENSE 9850 9850 DONATIONS 4531 4531 GIFTS AND AWARDS 4267 4267 2658 886 886 886 2147892 1681898 135507 330487 2169846 1747762 500000 519593 475332 305451 49270 1809 55501 33896 176747 103018 15782 73729 15397749 17807484 103195 103195 18766675 20592919 1111852 1413853 1111852 1413853 X -29024 199848 17683847 18979218 17654823 19179066 18766675 20592919 X 1880723 -356481 1 X 0 1 X 1 0 X 1574737 1555096 1300380 5026516 1720648 11177377 1574737 1555096 1300380 5026516 1720648 11177377 1171142 10006235 246981 336571 348399 400754 525786 1858491 191882 2239 2478 3724 200323 13236191 878122 0.75600 0.84880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 13190905 324248 1518784 506031 14527906 11332038 1333033 582247 56413 13190905 9756283 431649 1545434 401328 11332038 8970409 763545 359309 336980 9756283 8367818 602591 8970409 0.84386 0.15614 0 0 176747 103018 73729 73729 CHARLES SCHWAB 1630221 F BELL STATE BANK & TRUST 16055100 F CASH SURRENDER VALUE LIFE INSURANCE 122163 F 17807484 X 3614322 -356481 1 -356480 3970802 57813 57813 4028615 2090079 0 2090079 57813 57813 2147892 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLE ESTIMATED. AS OF JUNE 30, 2025 AND 2024, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. FARMER'S BOWL 68159 34060 34099 9154 963 1954 6626 7250 68159 34060 34099 9154 963 1954 6626 7250 25947 8152 4137442 3657015 426434 1 1.00000 13240 1000 3493 1 1.00000 4150682 3658015 429927 4087942 62740 ND 1 0 1 0 1.00000 STEVEN P BENSEN 55 5TH AVE SE MAYVILLE ND 58257 0 STEVEN P BENSEN PREPARE AND RECONCILE GAMING REPORTS, MAKE DEPOSITS X 0 1 MAYVILLE STATE UNIVERSITY 330 3RD STREET MAYVILLE ND 58257 456002485 1199373 0 FMV SCHOLARSHIP AND SUPPORT 1 PART I, LINE 2: MONTHLY MONITORING WITH EACH GRANT HAVING ITS OWN PROCEDURES FOR REPORTING FORM 990, PART VI, SECTION B, LINE 11B AVAILABLE ON REQUEST DURING REGULAR BUSINESS HOURS FORM 990, PART VI, SECTION B, LINE 12 COMPARABLE TO OTHER UNIVERSITY FOUNDATION PAY SCALES FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE TO OTHER UNIVERSITY FOUNDATION PAY SCALES FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: ROUNDING 1. MAYVILLE STATE UNIVERSITY 330 3RD STREET NE MAYVILLE ND 58257 456002485 UNIVERSITY ND HIGHER ED ACT 1965 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 MAYVILLE STATE UNIVERSITY B 1280663 ACTUAL MAYVILLE STATE UNIVERSITY O 2144892 ACTUAL