2025-10-20T17:08:34-04:00 2025-06-30 472119490 LUDVIGSON BRAUN & CO PO BOX 845 Valley City ND 580720845 990 2024-07-01 237178785 VALLEY CITY STATE UNIVERSITY FOUNDATION % Cory Anderson VALL 7018457203 101 COLLEGE STREET Valley City ND 580724024 CORY ANDERSON Executive Director 7018457216 2025-10-20 true true DANIEL K KRIEFALL P02067699 7018451457 2025-10-20 2024 2025-03-06 01:10:19Z 7495077 false X https://www.vcsualumni.org/ X Foundation 1972 ND Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income. 18 18 0 18 73046 72046 8867239 4480382 0 617855 2317332 157025 77580 9642119 6875294 2113180 3221664 0 336356 354312 55000 0 279422 1055713 403246 3560249 3979222 6081870 2896072 27499825 32845201 68897 2518201 27430928 30327000 Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income. false false 1799799 1799799 Scholarships were awarded to students attending Valley City State University. 1270821 1270821 Funding was provided for construction projects on the Valley City State University campus. The projects include the construction of a new athletic facility and the refurbishing of an old building on campus. 151044 151044 Contributions were given to Valley City State University to fund activities and certain athletics 3221664 true true false false false false false true true true false false false true false true false false false false false false false true false false true false false false false false false false false false true true false false false false true false false false true 0 0 true 0 true true false false false false true true false false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false X Kim Hesch 7018457203 101 College Street Valley City ND 580724024 X Ken Astrup Director 2.00 0.00 X 0 0 0 Kirsten Baesler Director 2.00 0.00 X 0 0 0 Bob Bergan Director 2.00 0.00 X 0 0 0 DuWayne Bott Director 2.00 0.00 X 0 0 0 Joe Deutsch Director 2.00 0.00 X 0 0 0 Mark Finstad Director 2.00 0.00 X 0 0 0 Gigi Goven Director 2.00 0.00 X 0 0 0 Dee Jensen Director 2.00 0.00 X 0 0 0 Josh Kasowski Director 2.00 0.00 X 0 0 0 Ryan Leroux Director 2.00 0.00 X 0 0 0 Karsten Melgaard Director 2.00 0.00 X 0 0 0 Stephanie Ness Director 2.00 0.00 X 0 0 0 Mark Richman Director 2.00 0.00 X 0 0 0 Paul Sandness Director 2.00 0.00 X 0 0 0 Jeff Nathan President 10.00 0.00 X 0 0 0 Matt Pedersen Vice President 10.00 0.00 X 0 0 0 Dave Bass Secretary 10.00 0.00 X 0 0 0 Liz Ryerson Treasurer 10.00 0.00 X 0 0 0 0 0 0 0 false false false 161367 322489 355183 62888 3578455 1719183 4480382 1955449 1955449 4534 4534 73046 73046 73046 73046 981666 619783 361883 361883 361883 322489 0 6875294 2321866 73046 0 3221664 3221664 354312 194872 159440 48686 48686 6059 6059 20127 8621 11506 195085 149586 45499 5405 5405 44112 31694 12418 6260 6260 REPAIRS AND MAINTENANCE 3302 3302 DIRECT BENEFIT TO DONOR COST 41499 41499 AWARDS AND GIFTS 8500 4271 4229 UBI TAXES 17320 17320 6891 2060 4831 3979222 3221664 478136 279422 37443 47883 1809396 3874264 9308150 7940184 73046 16064 18259 1401557 37557 17525 1364000 16303947 19520265 7300 7300 27499825 32845201 17525 2190 1395933 211439 51372 908639 68897 2518201 X -69314 30327000 27500242 27430928 30327000 27499825 32845201 2896072 0 X true X true X true false X 3123606 5481669 1382458 8867239 4480382 23335354 3123606 5481669 1382458 8867239 4480382 23335354 23335354 1038562 1922006 703684 551836 2317332 6533420 29868774 0.78130 0.72440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 1429443 33510 1395933 true 27430928 4511929 2321866 3221664 716059 30327000 19124636 8430771 2041504 1463159 702824 27430928 18118231 1088073 1760126 1467998 373796 19124636 18496225 4049562 -2863697 1177387 386472 18118231 13597222 2446165 4064341 1212818 398685 18496225 0.00400 0.36060 0.63540 false false 1364000 1364000 37557 37557 1364000 15130 DUE TO AFFILIATE 893509 908639 6833795 6833795 41499 41499 6875294 3937723 3937723 41499 41499 3979222 Part V, Line 4-Intended uses of endowment funds Earnings from endowment funds are used for scholarships for students at Valley City State University, as well as other grants to promote the overall betterment of the University. Part XI, Line 4b-Other revenue not included on Sch D but on 990 Some expenses were netted with revenues on the face of the financial statements. Part XII, Line 4b-Other expenses not included on Sch D but on 990 Some expenses were netted with revenues on the face of the financial statements. Auction 106314 67373 38941 14533 14869 106314 67373 38941 14533 14869 29402 9539 true Valley City State University 101 College Street Valley City ND 58072 456002482 170b1Aiv 510825 2710839 Cost Construction costs donated books tools Scholarships other University suppor Monitoring procedures (Part I, line 2) The Foundation receives various reports from Valley City State University showing who received scholarships and how other grant funds were used. Matt Pedersen Vice Chairman 28325 tax & accounting services false Supplemental Information for Schedule L Ludvigson Braun & Co. provides tax, accounting and finance services to the Valley City State University Foundation. Ludvigson Braun & Co. is owned 75% by Matt Pedersen, the Vice-Chairman of the Foundation. X 1 1364000 Tax Value X Salaries and Benefits 1 355183 Actual cost false true false Form 990 governing body review Part VI line 11 A copy of the Form 990 is available for the Board of Directors to review before it is filed with the IRS. Conflict of interest policy compliance Part VI line 12c Directors and officers annually disclose conflict of interests at the Board of Directors annual meeting. CEO executive director top management comp Part VI line 15a The Executive Directors compensation and responsibilities are reviewed and approved by the President of the University. Key employees compensation and responsibilities are reviewed and approved by the Executive Director. Other officer or key employee compensation Part VI line 15b Theother officer and key employees compensation and responsibilities are reviewed and approved by the President of the University. Key employees compensation and responsibilities are reviewed and approved by the Executive Director. Governing documents etc available to public Part VI line 19 Conflict of Interest Policy, audited financial statements and governing documents are made available to the public upon written request. Valley City State University 101 College Street Valley City ND 580724024 456002482 Public University ND 170b1A 2 N/A false false true true false false false false false false false false true false true true true false false false