Northern Illinois University Foundation

aka NIU Foundation | DEKALB, IL | http://www.niufoundation.org

GuideStar Charity Check

EIN: 36-6086819

Contributions tax deductible
as of July 2024

IRS BMF 509(a)(2)
as of July 09, 2024

View summary

Charity Check report

Mission

To energize and connect the private sector with the NIU community to secure and steward resources that support the future and growth of NIU

Ruling year info

1955

President and CEO, NIU Foundation

Catherine B Squires CFRE

Main address

Altgeld Hall 134

DEKALB, IL 60115 USA

Show more contact info

EIN

36-6086819

Subject area info

University education

Population served info

Adults

LGBTQ people

Heterosexuals

Women

Men

Show more populations served

NTEE code info

Private Independent Foundations (T22)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The NIU Foundation works to promote philanthropy from all of the University’s constituents to support access to higher education, retention and completion of college degrees and professional certifications, and the contributions of the University to economic development of our service region and the state. The NIU Foundation works to make an NIU education widely accessible to students from all walks of life and provides support to maintain NIU’s high standard of excellence in academic and program offerings. Support to the NIU Foundation helps position NIU to achieve its vision as an engine for innovation to advance social mobility; promote personal, professional and intellectual growth; and transform the world through research, artistry, teaching and outreach. In addition, donor gifts help the NIU Foundation support NIU in achieving its mission of empowering students through educational excellence and experiential learning as we pursue knowledge, share our research and artistry, and

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Furtherance of Excellence at NIU

The NIU Foundation provides critical support and funding to further the student experience.

Population(s) Served

Economically disadvantaged people

Indigenous peoples

People of Latin American descent

People of African descent

Young adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total Program Spending in Dollars (000s) - Fiscal Year (July 1 - June 30)

Totals By Year

Population(s) Served

Students

Related Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

The NIU Foundation Program Spend represents support provided to the University for scholarships, programs, and faculty. These grants contribute significantly to the collegiate experience.

Scholarship Dollars Awarded (000s) Fiscal Year (July 1 - June 30)

Totals By Year

Population(s) Served

Students

Related Program

Furtherance of Excellence at NIU

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

We place a high priority on supporting NIU in its efforts to provide a high-quality, affordable education to talented students from all walks of life. Metrics are reported by fiscal year.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

The NIU Foundation works to promote philanthropy from all of the university’s constituents to support access to higher education, retention and completion of college degrees and professional certifications, and the contributions of the university to economic development of our service region and the state.

The NIU Foundation works to make an NIU education widely accessible to students from all walks of life and provides support to maintain NIU’s high standard of excellence in academic and program offerings.

Support to the NIU Foundation helps position NIU to achieve its vision as an engine for innovation to advance social mobility; promote personal, professional and intellectual growth; and transform the world through research, artistry, teaching and outreach. In addition, donor gifts help the NIU Foundation support NIU in achieving its mission of empowering students through educational excellence and experiential learning as we pursue knowledge, share our research and artistry, and engage communities for the benefit of the region, state, nation and world.

What are the organization's key strategies for making this happen?

1. Effective fundraising to help accomplish Foundation and University strategic objectives.
2. Effective management of NIU Foundation funds to provide support for current operations and future needs.
3. Effective outreach to, and engagement with, NIU’s proud alumni base of over 250,000 Huskies. These alumni boast accomplished careers in a diverse array of professions and primarily reside in the northern Illinois region; create dynamic professional networks for students and faculty; and provide economic vitality to the region and state. These alumni also represent a vast pipeline of support for the university.

What are the organization's capabilities for doing this?

1. A talented, dedicated staff of fundraising and support professionals.
2. A dedicated, passionate Board of Directors comprised of volunteers who are experts in a broad range of professional endeavors, including financial, legal, education, business management and community leadership. All members of the NIU Foundation Board are generous donors themselves.
3. The NIU Foundation is establishing historical data and setting benchmark data to measure the effectiveness of our organization in relation to our own goals and objectives and in comparison to a select group of peer institutions.

What have they accomplished so far and what's next?

Total Program Spending

The NIU Foundation Program Spend represents support provided to the University for scholarships, programs, and faculty. These grants contribute significantly to the collegiate experience for NIU students. For some, private support represents the only opportunity to attend college. More than half of NIU students are the first in their families to attend college. 86% of NIU students rely on some form of financial aid.

NIU Foundation's total program spend in FY21 was $8,293,813

Scholarship Dollars Awarded

Scholarships play an important role in making the dream of a college education a reality for many NIU students. This support has also proven key to persistence, helping students cross the finish line to become proud Huskie alumni. In fact, 90% of students who receive NIU Foundation scholarships graduate. The NIU Foundation places a very high priority on supporting the University in its efforts to provide a high-quality, affordable education to talented students from all walks of life including underserved populations. The Foundation has been working toward a goal of raising $50M in scholarship support by the end of 2023. At the close of FY22, we had raised $37.2M toward that goal.

Financials

Northern Illinois University Foundation

Fiscal year: Jul 01 - Jun 30

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023

SOURCE: IRS Form 990

8.88

Average of 7.33 over 10 years

Months of cash in 2023

SOURCE: IRS Form 990

5.2

Average of 5 over 10 years

Fringe rate in 2023

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Northern Illinois University Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$14,002,882
Government Grants	$0
Program Services	$927,841
Investments	$1,896,082
Special Events	$42,071
Sales	$0
Other	$133,383
Total Revenue	$17,002,259

Expenses
Program Services	$11,412,730
Administration	$1,241,514
Fundraising	$677,618
Total Expenses	$13,331,862
Net Gain/Loss	$3,670,397

Functional expenses
Accounting Fees	$23,587
Advertising & Promotion	$730
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$325,553
Investment Management Fees	$0
Legal Fees	$11,738
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,579,776
Government Grants	$4,126
Program Services	$902,565
Investments	$2,073,811
Special Events	($42,126)
Sales	$0
Other	$220,224
Total Revenue	$11,738,376

Expenses
Program Services	$7,295,314
Administration	$697,921
Fundraising	$1,364,128
Total Expenses	$9,357,363
Net Gain/Loss	$2,381,013

Functional expenses
Accounting Fees	$23,300
Advertising & Promotion	$4,371
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$269,442
Investment Management Fees	$0
Legal Fees	$22,866
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,595,478
Government Grants	$36,067
Program Services	$927,549
Investments	$3,017,511
Special Events	($80,412)
Sales	$0
Other	$300,169
Total Revenue	$12,796,362

Expenses
Program Services	$6,700,070
Administration	$561,091
Fundraising	$1,732,854
Total Expenses	$8,994,015
Net Gain/Loss	$3,802,347

Functional expenses
Accounting Fees	$28,830
Advertising & Promotion	$5,419
Information Technology Expenses	$0
Insurance Expenses	$26,861
Interest Expenses	$200,729
Investment Management Fees	$0
Legal Fees	$14,007
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$18,893,498
Government Grants	$38,902
Program Services	$949,221
Investments	$3,213,658
Special Events	($122,938)
Sales	$0
Other	$456,678
Total Revenue	$23,429,019

Expenses
Program Services	$6,524,904
Administration	$764,499
Fundraising	$2,081,256
Total Expenses	$9,370,659
Net Gain/Loss	$14,058,360

Functional expenses
Accounting Fees	$27,350
Advertising & Promotion	$19,589
Information Technology Expenses	$0
Insurance Expenses	$14,552
Interest Expenses	$151,474
Investment Management Fees	$0
Legal Fees	$10,513
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$10,004,317
Government Grants	$20,405
Program Services	$849,923
Investments	$5,278,103
Special Events	($72,132)
Sales	$0
Other	$0
Total Revenue	$16,080,616

Expenses
Program Services	$8,687,810
Administration	$830,459
Fundraising	$1,402,576
Total Expenses	$10,920,845
Net Gain/Loss	$5,159,771

Functional expenses
Accounting Fees	$32,250
Advertising & Promotion	$5,297
Information Technology Expenses	$0
Insurance Expenses	$28,895
Interest Expenses	$302,069
Investment Management Fees	$0
Legal Fees	$7,217
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$9,367,069
Government Grants	$0
Program Services	$840,890
Investments	$4,332,829
Special Events	($113,665)
Sales	$0
Other	$84,985
Total Revenue	$14,512,108

Expenses
Program Services	$8,723,668
Administration	$1,306,727
Fundraising	$605,038
Total Expenses	$10,635,433
Net Gain/Loss	$3,876,675

Functional expenses
Accounting Fees	$21,000
Advertising & Promotion	$36,805
Information Technology Expenses	$0
Insurance Expenses	$9,038
Interest Expenses	$81,983
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$10,699,784
Government Grants	$0
Program Services	$851,863
Investments	$5,116,684
Special Events	($174,139)
Sales	$0
Other	$109,865
Total Revenue	$16,604,057

Expenses
Program Services	$9,042,260
Administration	$879,001
Fundraising	$1,774,503
Total Expenses	$11,695,764
Net Gain/Loss	$4,908,293

Functional expenses
Accounting Fees	$43,000
Advertising & Promotion	$3,451
Information Technology Expenses	$0
Insurance Expenses	$31,804
Interest Expenses	$77,091
Investment Management Fees	$0
Legal Fees	$9,081
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$11,485,379
Government Grants	$0
Program Services	$890,284
Investments	$5,015,376
Special Events	$0
Sales	$0
Other	$299,215
Total Revenue	$17,690,254

Expenses
Program Services	$9,278,782
Administration	$1,015,064
Fundraising	$1,188,650
Total Expenses	$11,482,496
Net Gain/Loss	$6,207,758

Functional expenses
Accounting Fees	$27,500
Advertising & Promotion	$17,235
Information Technology Expenses	$0
Insurance Expenses	$31,114
Interest Expenses	$47,464
Investment Management Fees	$0
Legal Fees	$19,749
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$9,548,583
Government Grants	$0
Program Services	$935,223
Investments	$7,853,536
Special Events	($166,374)
Sales	$0
Other	$120,374
Total Revenue	$18,291,342

Expenses
Program Services	$9,466,563
Administration	$889,047
Fundraising	$1,086,872
Total Expenses	$11,442,482
Net Gain/Loss	$6,848,860

Functional expenses
Accounting Fees	$25,750
Advertising & Promotion	$3,565
Information Technology Expenses	$103,707
Insurance Expenses	$32,545
Interest Expenses	$32,921
Investment Management Fees	$0
Legal Fees	$194,072
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$9,447,700
Government Grants	$0
Program Services	$902,421
Investments	$5,294,587
Special Events	($124,102)
Sales	$0
Other	$233,348
Total Revenue	$15,753,954

Expenses
Program Services	$9,456,098
Administration	$908,724
Fundraising	$1,055,541
Total Expenses	$11,420,363
Net Gain/Loss	$4,333,591

Functional expenses
Accounting Fees	$56,551
Advertising & Promotion	$18,141
Information Technology Expenses	$0
Insurance Expenses	$45,407
Interest Expenses	$22,085
Investment Management Fees	$166,171
Legal Fees	$29,710
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,702,478
Government Grants	$0
Program Services	$971,570
Investments	$6,278,370
Special Events	($45,625)
Sales	$0
Other	$118,560
Total Revenue	$16,025,353

Expenses
Program Services	$8,783,159
Administration	$1,351,305
Fundraising	$1,445,073
Total Expenses	$11,579,537
Net Gain/Loss	$4,445,816

Functional expenses
Accounting Fees	$44,600
Advertising & Promotion	$23,059
Information Technology Expenses	$0
Insurance Expenses	$36,630
Interest Expenses	$4,700
Investment Management Fees	$375,709
Legal Fees	$55,060
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$6,467,096
Government Grants	$0
Program Services	$874,922
Investments	$2,682,776
Special Events	$54,953
Sales	$0
Other	$253,233
Total Revenue	$10,332,980

Expenses
Program Services	$7,754,490
Administration	$1,620,907
Fundraising	$1,314,021
Total Expenses	$10,689,418
Net Gain/Loss	($356,438)

Functional expenses
Accounting Fees	$42,612
Advertising & Promotion	$28,640
Information Technology Expenses	$0
Insurance Expenses	$50,969
Interest Expenses	$16,149
Investment Management Fees	$146,840
Legal Fees	$191,343
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$14,763,497
Government Grants	$0
Program Services	$855,545
Investments	$3,823,300
Special Events	$46,955
Sales	$0
Other	$279,719
Total Revenue	$19,769,016

Expenses
Program Services	$6,871,011
Administration	$1,483,197
Fundraising	$961,939
Total Expenses	$9,316,147
Net Gain/Loss	$10,452,869

Functional expenses
Accounting Fees	$53,530
Advertising & Promotion	$6,240
Information Technology Expenses	$0
Insurance Expenses	$54,833
Interest Expenses	$4,232
Investment Management Fees	$29,753
Legal Fees	$161,561
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$19,050,901
Government Grants	$0
Program Services	$1,646,922
Investments	$10,174,071
Special Events	$12,187
Sales	$0
Other	$247,573
Total Revenue	$31,131,654

Expenses
Program Services	$8,081,364
Administration	$1,717,990
Fundraising	$1,227,713
Total Expenses	$11,027,067
Net Gain/Loss	$20,104,587

Functional expenses
Accounting Fees	$30,810
Advertising & Promotion	$5,537
Information Technology Expenses	$0
Insurance Expenses	$72,437
Interest Expenses	$0
Investment Management Fees	$134,488
Legal Fees	$137,598
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$15,598,366
Government Grants	$0
Program Services	$1,802,856
Investments	$6,692,273
Special Events	($693)
Sales	$0
Other	$175,595
Total Revenue	$24,268,397

Expenses
Program Services	$9,426,231
Administration	$1,762,497
Fundraising	$1,947,303
Total Expenses	$13,136,031
Net Gain/Loss	$11,132,366

Functional expenses
Accounting Fees	$46,786
Advertising & Promotion	$48,613
Information Technology Expenses	$0
Insurance Expenses	$81,772
Interest Expenses	$0
Investment Management Fees	$348,114
Legal Fees	$118,354
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Northern Illinois University Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jul 01, 2008	Jun 30, 2009	Change
Contributions	$14,002,882
Cash & Equivalents	$1,427,266	$2,570,795	$1,143,529
Accounts Receivable	$4,260	$0	($4,260)
Pledges & Grants Receivable	$5,278,866	$6,184,198	$905,332
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$56,160,049	$47,741,207	($8,418,842)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$16,995,291	$16,550,581	($444,710)
Other	$229,923	$321,095	$91,172
Total Assets	$80,095,655	$73,367,876	($6,727,779)

Liabilities	Jul 01, 2008	Jun 30, 2009	Change
Accounts Payable	$741,731	$402,059	($339,672)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$625,852	$588,716	($37,136)
Tax-Exempt Bond Liabilities	$6,610,189	$5,778,055	($832,134)
Other	$6,211,219	$5,202,321	($1,008,898)
Total Liabilities	$14,188,991	$11,971,151	($2,217,840)

Fund balance	Jul 01, 2008	Jun 30, 2009	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$65,906,664	$61,396,725	($4,509,939)

Assets	Jul 01, 2009	Jun 30, 2010	Change
Contributions	$8,579,776
Cash & Equivalents	$2,570,795	$1,494,556	($1,076,239)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$6,184,198	$4,781,740	($1,402,458)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$47,741,207	$55,608,538	$7,867,331
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$16,221,688	$15,791,076	($430,612)
Other	$649,988	$541,524	($108,464)
Total Assets	$73,367,876	$78,217,434	$4,849,558

Liabilities	Jul 01, 2009	Jun 30, 2010	Change
Accounts Payable	$402,059	$378,549	($23,510)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$588,716	$0	($588,716)
Tax-Exempt Bond Liabilities	$5,778,055	$4,863,250	($914,805)
Other	$5,202,321	$4,945,320	($257,001)
Total Liabilities	$11,971,151	$10,187,119	($1,784,032)

Northern Illinois University Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Northern Illinois University Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2019	2020	2021	2022	2023
Unrestricted surplus (deficit) before depreciation	$1,850,849	-$383,615	$8,036,636	-$2,686,622	$2,985,653
As % of expenses	16.9%	-3.8%	92.4%	-25.8%	23.9%
Unrestricted surplus (deficit) after depreciation	$1,230,777	-$1,003,687	$7,420,105	-$3,306,797	$2,356,585
As % of expenses	10.6%	-9.4%	79.6%	-30.0%	17.9%

Revenue composition
Total revenue (unrestricted & restricted)	$16,025,353	$10,332,980	$19,769,016	$31,131,654	$24,268,397
Total revenue, % change over prior year	1.7%	-35.5%	91.3%	57.5%	-22.0%
Program services revenue	6.1%	8.5%	4.3%	5.3%	7.4%
Membership dues	0.0%	0.0%	0.3%	0.1%	0.0%
Investment income	16.2%	22.4%	9.4%	9.7%	15.1%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	54.0%	63.1%	74.6%	61.1%	64.3%
Other revenue	23.7%	6.0%	11.4%	23.8%	13.2%

Expense composition
Total expenses before depreciation	$10,959,465	$10,069,346	$8,699,616	$10,406,892	$12,506,963
Total expenses, % change over prior year	1.5%	-8.1%	-13.6%	19.6%	20.2%
Personnel	0.0%	0.0%	0.0%	0.0%	0.0%
Professional fees	10.5%	8.2%	8.6%	11.2%	9.3%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.2%	0.0%	0.0%	0.0%
Pass-through	69.7%	65.2%	65.2%	59.6%	56.6%
All other expenses	19.7%	26.4%	26.1%	29.1%	34.1%

Full cost components (estimated)	2019	2020	2021	2022	2023
Total expenses (after depreciation)	$11,579,537	$10,689,418	$9,316,147	$11,027,067	$13,136,031
One month of savings	$913,289	$839,112	$724,968	$867,241	$1,042,247
Debt principal payment	$339,883	$317,240	$441,300	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$12,832,709	$11,845,770	$10,482,415	$11,894,308	$14,178,278

Capital structure indicators

Liquidity	2019	2020	2021	2022	2023
Months of cash	3.0	6.5	7.2	6.0	5.2
Months of cash and investments	126.6	130.2	197.5	164.7	152.1
Months of estimated liquid unrestricted net assets	11.8	12.0	24.3	17.0	16.6

Balance sheet composition	2019	2020	2021	2022	2023
Cash	$2,699,932	$5,448,474	$5,251,140	$5,216,123	$5,391,765
Investments	$112,914,926	$103,825,979	$137,897,913	$137,588,901	$153,110,077
Receivables	$2,875,933	$2,664,578	$4,736,755	$4,407,407	$4,644,441
Gross land, buildings, equipment (LBE)	$28,551,699	$28,609,780	$28,629,589	$28,817,935	$29,278,581
Accumulated depreciation (as a % of LBE)	18.9%	21.0%	23.2%	25.2%	26.9%
Liabilities (as a % of assets)	9.7%	9.8%	7.7%	8.1%	8.3%
Unrestricted net assets	$33,194,792	$32,191,105	$39,611,210	$36,304,413	$38,660,998
Temporarily restricted net assets	$0	N/A	N/A	N/A	N/A
Permanently restricted net assets	$94,864,047	N/A	N/A	N/A	N/A
Total restricted net assets	$94,864,047	$89,244,897	$117,624,488	$119,072,058	$130,924,718
Total net assets	$128,058,839	$121,436,002	$157,235,698	$155,376,471	$169,585,716

Key data checks

Key data checks	2019	2020	2021	2022	2023
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

President and CEO, NIU Foundation

Catherine B Squires CFRE

Number of employees

Source: IRS Form 990

Northern Illinois University Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

Northern Illinois University Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

Northern Illinois University Foundation

Board of directors
as of 01/30/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Jack Tierney

Retired Executive Director, Unit Trust Division, Invesco Ltd.

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes

Contractors

Fiscal year ending

There are no fundraisers recorded for this organization.

Related organizations & associated domestic grants

Show data for fiscal year

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB, IL 60015 36-6008480	PUBLIC UNI.	GOVT			N	$0.00	$0.00
NIU REAL ESTATE FOUNDATION 595 COLLEGE AVENUE ALTGLD HALL 135 DEKALB, IL 60015 84-2917334	REAL ESTATE HOLDING	501(C)(3)	LINE 12A, I	NORTHERN ILLINOIS UNIVERSITY FOUNDATION	Y	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSN ALTGELD HALL ROOM 134 DEKALB, IL 60115 23-7013258	SEE PART VII	501(C)(3)	7		N	$0.00	$0.00
NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB, IL 60015 36-6008480	PUBLIC UNI.					$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB, IL 60115 36-6008480	PUBLIC UNI.	GOV. ENTITY			N	$5,367,166.00	$235,198.00	UNIVERSITY EXPENSES
NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSN ALTGELD HALL ROOM 134 DEKALB, IL 60115 23-7013258	SEE PART VII	501(C)(3)	7		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB, IL 60115 36-6008480	PUBLIC STATE UNIVERSITY	GOVERNMENTAL ENTITY			N	$4,137,953.00	$871,832.00	UNIVERSITY EXPENSES
NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION ALTGELD HALL- ROOM 134 DEKALB, IL 60115 23-7013258	EDUCATIONAL, RELATIONSHIP BUILDING, AND CHARITABLE ASSOCIATION	501(C)(3)	170(B)(1)(A)(VI)		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
NORTHERN ILLINOIS UNIVERSITY ALUMNI ALTGELD HALL - ROOM 134 DEKALB, IL 60115 23-7013258	EDUCATIONAL, RELATIONSHIP BUILDING, AND CHARITABLE ASSOCIATION	501(C)(3)	170(B)(1)(A)(VI			$0.00	$0.00
NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB, IL 60115 36-6008480	PUBLIC STATE UNIVERSITY	GOVERNMENTAL ENTITY				$0.00	$0.00

Northern Illinois University Foundation

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

Our programs

Furtherance of Excellence at NIU

Where we work

Our results

Evaluation documents

Total Program Spending in Dollars (000s) - Fiscal Year (July 1 - June 30)

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Scholarship Dollars Awarded (000s) Fiscal Year (July 1 - June 30)

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2023 info

8.88

Months of cash in 2023 info

5.2

Fringe rate in 2023 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Northern Illinois University Foundation

Northern Illinois University Foundation

Northern Illinois University Foundation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President and CEO, NIU Foundation

Catherine B Squires CFRE

Number of employees

Northern Illinois University Foundation

Compensation data

Northern Illinois University Foundation

Compensation data

Northern Illinois University Foundation

Board of directors data

Jack Tierney

Board leadership practices

Board orientation and education

Ethics and transparency

Contractors

Related organizations & associated domestic grants

Liquidity in 2023

Months of cash in 2023

Fringe rate in 2023

Funding sources

Assets & liabilities