Skip to content
Governance Register
Sign inFind yourself
Find yourselfSign in
Search How it works For organisations For professionals

Edition

United KingdomIrelandUnited States (current)New ZealandCanadaAustraliaScotlandNorthern Ireland
US nonprofit · EIN 456013302 · Fargo, NDiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 456013302)Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code UNKWN), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Fossum Foundation Inc

Revenue
$95k
year to 31 December 2024
Expenses
$99k
year to 31 December 2024
Total assets
$581k
$9k liabilities
Net assets
$572k
assets less liabilities
Directors and trustees
7
6.1y av
Staff
0
8 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
How am I connected?

Fossum Foundation Inc's network

7 people5 organisationsi7 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (5) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Burdell FossumCompany secretary2020
6 yrs
Carl LarsonTreasurer2020
6 yrs
Clyde FossumVice President2020
6 yrs
Donn DiederichDirector2022
4 yrs
Gregg HalversonDirector2020
6 yrs
John ShotwellPresident2020
6 yrs
Karen MorrisonDirector2020
6 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Allyson PetersonAssistant Secretary/Treasurersince 2020

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Allyson PetersonAssistant Secretary/Treasurer0.5$0$212k$48k
John ShotwellPresident0.02$0
Clyde FossumVice President0.01$0
Burdell FossumSecretary0.02$0
Carl LarsonTreasurer0.01$0
Karen MorrisonDirector0.03$0
Gregg HalversonDirector0.02$0
Donn DiederichDirector0.01$0

About

Legal name
Fossum Foundation Inc
EIN
456013302
Address
1241 University Dr N, Fargo, ND, 58102-2524
State
North Dakota
Mission
To assist in carrying out the purpose of the North Dakota State University Foundation, a nonprofit corporation, organized and existing for the support of North Dakota State University. (as filed on the Form 990)
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Size band
5 (IRS master file code)
Formed
1959
Principal officer
John W Shotwell (as named on the Form 990)
IRS ruling date
1 April 1963
Status
Code 01 (unconditional exemption)
Form 990 filings on record
4, latest 2024
IRS Publication 78
UNKWN

Most connected

Related organisations (Schedule R)

RelatedSupport NDSUNorth Dakota State University Foundation

Longest observed on the filings

≥6years on the filingsBurdell Fossum
≥6years on the filingsCarl Larson
≥6years on the filingsClyde Fossum
≥6years on the filingsGregg Halverson

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$581k
Total liabilities
$9k
Net assets or fund balances
$572k
Contributions and grants received
$0
Program service revenue
$0
Grants and similar paid out
$97k
Employees
0
Volunteers
8

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$95k$99kDeficit $4k

As filed on the IRS Form 990. US dollars.

Grants paid

2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
North Dakota State University$77k
NDSU Foundation$20k