North Dakota State University

2021 Endowment Report

Forging Connections  | Fostering Support | Facilitating Outcomes

Forging Connections
Fostering Support
Facilitating Outcomes

Thank you!

Your investment in North Dakota State University changes lives. Endowed funds supporting scholarships, faculty research, and student programs enhance the NDSU educational experience in perpetuity so that the next generation of leaders graduate prepared to meet the challenges of tomorrow.

NDSU’s endowment rose to an impressive $457 million in 2021. For perspective, the endowment stood at $134 million at the beginning of 2016 — that’s a 241% increase through the In Our Hands campaign (Jan. 1, 2016-Dec. 31, 2021). Because of your investment, the NDSU Foundation transferred a record number of dollars to campus in support of student scholarships ($7 million), faculty research ($3.3 million), and student programs ($1.9 million) in 2021. This success is only possible because of the generosity of NDSU benefactors.

At the NDSU Foundation, we are committed to being excellent stewards of your gifts and strive to ensure donor intent. Your gifts are invested for the long term to maximize the campus impact while helping you establish your NDSU legacy.

As always, we are transparent about our work and welcome your feedback. Please contact us via email at Office@NDSUFoundation.com or by calling 701.231.6800. Thank you for your continued confidence in and support of NDSU.

John Glover
John R. Glover
President/CEO
NDSU Foundation

Quick Numbers

Quick Numbers

Endowment Returns

The NDSU Foundation endowment is professionally managed by SEI in a well-diversified investment portfolio.
(as of 12/31/2021)

Endowment Growth (2016-2021)

Support to Campus

2016-2021

excluding facilities

The NDSU Foundation expended the donor funds represented to support NDSU’s mission. The amounts represent both current-use gifts and endowment earnings.

Endowment Purpose | 2021

Where endowments are making a difference at NDSU.

In Our Hands Campaign Results

Fundraising by purpose

To download a copy of this Endowment Report, click the button below.

Margaret and her husband, Hugh Veit ’79, established the Eleanor S. Fitzgerald Memorial Graduate Student Scholarship to support NDSU students earning advanced degrees in the Department of Health, Nutrition, and Exercise Sciences or the Department of Human Development and Family Science.

Core areas of home economics remain part of current NDSU degree programs such as accounting; apparel, retail merchandising, and design; education; family and consumer science; financial planning; human development and family science; interior design; and nutrition science.

Home economics programs opened doors, particularly for women, to earn college degrees and pursue careers in education, Extension, state and federal government, business and industry, health care, and more. NDAC listed domestic economy as one of its courses in its founding year, 1890.

Established by Dr. Teresa Conner, dean of the NDSU College of Health and Human Sciences, and co-chaired by Dr. Margaret Fitzgerald ’83 and Col. Esther Meyers ’75, the Wisdom Keepers provide support and share their knowledge and expertise with students, faculty, staff, and leadership in the College.

The home management house at NDAC was the first facility built on a college campus specifically for home management practice. In 1954, it was named in honor of Alba Bales, the first female academic dean at NDAC.