FOUNDATION 2018-19 NORTHERN STATE UNIVERSITY FOUNDATION ANNUAL REPORT Dear Friends, At the Northern State University Foundation, student success is the focus. We support students through scholarships and through key investments that enhance the student experience for current and future generations. These investments (scholarships and facilities) provide significant boosts to the economic development of Aberdeen, the northeast region and the entire state of South Dakota. Scholarships and facilities are also key to attracting new students to our region. We strive to maximize our dollars, while constantly looking to add donors to this report and add major gifts to the corpus of our endowment. This past year, with your help, we are proud to announce we have done both. Even with another successful year behind us, we are firmly and aggressively moving forward. Strategically, we are researching and examining every aspect of our operations – whether it is partnering with the university on the campus master plan and the $55 million Educational Impact Campaign, working on alternative investments, or continuing the expansion of our scholarship endowment. The leadership and dedication of our many friends and donors, the Foundation Board and Executive Committee, and the Educational Impact Campaign committee members have made it possible to focus on the future. We look forward to another year of unleashing the potential of the Foundation, the students we benefit and the campus of Northern State University. Chad Bergan Board Chair, NSU Foundation NSU FOUNDATION BOARD OF DIRECTORS EDUCATIONAL IMPACT CAMPAIGN Chad Bergan Jim Koehler CO-CHAIRS Dr. Marjorie Kaiser Board Chair Mark McNeary Dr. Timothy and Mary Downs Jim and Jackie Koehler Megan Biegler Nathan Reede Jim and Tracy Thares George Rahm Secretary/Treasurer Past Chair Brett Rezatto Mike Bockorny COMMITTEE MEMBERS Art Russo Chair Elect Chad Bergan Nathan and Jacquelyn Reede Allie Ryckman Allen Chasteen Mike Bockorny Art and Maggie Russo Sara Schmidt Dr. Timothy Downs Joe and Cindy Senger NSU Faculty Representative and Mike and Barb Evans NSU President Finance/Audit Committee Chair Robert and Dr. Erin Fouberg Todd Jordre Ashley Erickson Steve Stickelmyer Rod and Glenna Fouberg Josh Moon Steve Ford Rod Tobin Jon Olson Investment Committee Chair Jeff Lamont Legal Counsel Todd Jordre Greg Wieker NSU Foundation President/CEO Wolves Club Chair Randy Knecht 2 DONORS TO THE EDUCATIONAL IMPACT CAMPAIGN INCLUDES PLEDGES AND CASH PAYMENTS AS OF AUG. 8, 2019 BENEFACTORS ($1,000,000+) Quest Development Bradley and Kathy Moore Ronald and Jean Johnson Anonymous RhodesAnderson Insurance Parkston Lions Club Todd and Julie Jordre City of Aberdeen B. J. and Brandei Schaefbauer Joe and Cynthia Senger Kristi and Mick Karst Dacotah Bank John and Laurie Schwan Richard and Pam Squire Jess and Corley Koehler Michael and Barbara Evans Steven Lust Automotive Jim and Jill Stephenson Scott and Kim Kram James and Jacki Koehler Eldon and Jannine Swingler TSP, Inc. Chad and MeChelle Lang Ronald and Sharon Rivett US Bank - Aberdeen Dennis and Shirley Larson Sanford Health PRESIDENT’S CLUB ($50,000+) J.E. and Amy Van Horne Cheryl and Jason Lorenz State of South Dakota Aberdeen Flying Service Curt and Susan Wischmeier, M.D. Aaron Mayo Jim and Tracy Thares Anonymous Roger and Karen Youngman Joshua and Andria Moon Daniel and Aleesha Fischer Bill and Jackie Muth FOUNDER’S CIRCLE ($500,000+) Great Western Bank - Aberdeen OTHER GIFTS Dr. Arlin and Karine Myrmoe Anonymous Helms & Associates Allen Aden Jon and Betsy Olson Kessler’s, Inc. House of Glass/Stan Albrecht Harvey and Linda Aman John and Lisa Ortega Lamont Companies Howard Memorial Fund Bradley and Sandra Andera Thomas L. Perrizo Nathan and Jacqueline Reede Randy and Tamara Knecht Dennis and Sandra Angerhofer Carl and Sheryl Perry Brett and Mandy Rezatto Lang’s Audio TV & Appliance Anonymous Piedmont Valley Lions Club Pat and Cindy Teal Midstates Inc. and Quality Quick Print James and Wendy Beare Bruce Pokarney Orthopedic Physical Therapy Center Chad and Shannon Bergan Roland and Rita Pond PILLAR’S CIRCLE ($100,000+) Pierson Ford Lincoln, Inc. Amber and Kevin Bergeson Stephanie Popelar Anonymous Thomas and Angela Seyer Dr. Lyle & Megan Biegler Sal and Kelly Roseland Anonymous Ryan and Laura Siefkes Michael Bogdanovich Allie and Jordan Ryckman Terry and Sheryl Baloun Jeff and Laura Stockert Boys State of South Dakota SD School for the Blind & Visually Impaired Dr. Lester A. Clarke Vosika Fencing Britton Lions Club Thomas Skoog CO-OP Architecture Michael and Tammy Weber C. Kevin and Betty Carson Brent Stanek CorTrust Bank Wells Fargo Foundation Shane Clancy Stratford-Warner Lions Club Derrick and Kristen Dinger Wright & Sudlow, Inc. Eric and Mandy Cuka Monte and JoAnn Troske E.C. Rhodes Insurance, Inc. Conner Doherty Bruce and Mary Tucker First State Bank of Roscoe SCHOLAR’S CIRCLE ($10,000+) Logan Dosch John and Alison Twiss Green Memorial Foundation 3M Foundation, Inc. Dougherty & Company James and Jennifer Torsney Harms Oil Company Anonymous Eden Lions Club Vermillion Lions Club Hatterscheidt Foundation, Inc. Mark Bain Zach and Amy Flakus Cindi Walsh Tim and Sue Hofer Kristi and Michael Bockorny Justin and Megan Fraase Richard and Virginia Westra Blake and Marcia Hoffman James and Donna Boekelheide Paula Fiedler Larry and Sharon Wirebaugh Jon and Carla Hoffman Bruce and Barb Cutler Charles and Katie Fitzgerald Mick Wysuph Hub City Livestock Auction, Inc. Dr. Tim and Mary Downs Kyle French Harvey and Cynthia Jewett IV Bill and Karen Edwards Frink Financial Consulting, LLC Ken’s SuperFair Foods, Inc. Farmers State Bank - Hosmer Melissa and Ward Haggins Lien Transportation Company Fay’s Refrigeration Barbara Hahnemann Jim and Vicki Lust First Premier Realty, Gary Deibert Cathy and Ronald Hall Mark and Kari McNeary Robert and Erin Fouberg Trever Heining Brian and Carol Morgan Haar Plumbing & Heating, Inc. Eduardo and Zudannie Hernandez Steven and Gerianne Pfeiffer Investment Center Advisor Group Michael K. Hollan Plains Commerce Bank Journey Group Companies Jared and Morgan Jacobson Quest Construction, LLC Lager’s Inn Bryar and Cameron Johnson 3 GOVERNOR SIGNS BILL MOVING NSU REGIONAL SPORTS COMPLEX FORWARD With the governor’s signature in place, STRONG SUPPORT FOR CAMPAIGN SUPPORT FROM TWO GOVERNORS Northern State University’s on-campus Support has been strong throughout the The Legislature also approved bills regional sports complex is moving campaign, with numerous pledges from last year related to Educational Impact forward. individual donors, area businesses and Campaign projects. That included Gov. Kristi Noem has signed House Bill the city of Aberdeen. That support hasn’t authorizing a land swap – relocating 1037, which authorizes the South Dakota gone unnoticed. the SDSBVI to the former site of NSU’s Jerde Hall and allowing Northern to use Board of Regents to contract for the At HB1037’s hearing before the the current SDSBVI site for the regional construction of the sports complex on Legislature’s Joint Committee on sports complex. the NSU campus. Appropriations prior to approval in the The bill’s approval sets in motion the House and Senate, Sen. Justin Cronin Also in 2018, former Gov. Dennis final project of the Educational Impact said the fact that the whole region is Daugaard approved a $2.5 million Campaign, a collaborative effort between supporting this project is immense. grant from the Governor’s Office of Economic Development Future Fund for Northern and the South Dakota School “You should be very proud of your construction of the new SDSBVI. The for the Blind and Visually Impaired. alumni and of your community,” said same amount was later awarded by Gov. “This feels like another game-changing Cronin, R-S.D. Kristi Noem. moment, much like when we first Cronin pointed out that Northern came “With Gov. Noem’s signature, this kicked off the campaign a little over a to the committee with a bill that’s fully campaign has now had the support of year ago,” said NSU President Dr. Tim funded, with a commitment to fund two South Dakota governors and two Downs. “While it’s exciting to have maintenance and repair. “How can a legislative sessions, and we’re extremely that final piece of the puzzle in place, person sit here and say no?” the campaign now shifts to completing grateful for that,” Downs said. “These Sen. Brock Greenfield echoed Cronin’s fundraising efforts – and a high-quality projects will enhance the student sentiments, saying the area has invested facility that will benefit our entire experience for years to come and also countless millions of dollars into this region.” be a tremendous boost for the entire project. region, and we’re thrilled that our state’s The Educational Impact Campaign, “Here’s a case in point in which the leadership recognizes their importance.” which first kicked off in fall 2017, people have said this is how they want involves three projects funded almost to spend their money,” said Greenfield, entirely by private donations. Besides R-S.D. “I wholly support and endorse the sports complex, that includes the that, and I wish the folks at Northern Athletic and Recreation Fields project, well with this project, and the folks of which opened in fall 2018, and the new the region well because a lot of people SDSBVI, currently under construction at will be benefiting from this for years and the former NSU Jerde Hall site. years to come.” 4 NORTHERN STATE UNIVERSITY ENDOWMENTS Aberdeen AAUW Endowment Charles E. & Frances Booth Endowment City of Aberdeen Endowment Blanche Brill Memorial Endowment Academic Excellence Endowment Michael & Kristi Bockorny WolfPact Endowment Tom & Danielle Aman Enterprises/ Boekelheide Farms Scholarship Endowment Harry Jasinski Scholarship Endowment Chad & Scott Boekelheide Men’s Basketball Endowment Association of Childhood Education Endowment Boys & Girls State Endowment LeRoy Adam Athletic Endowment Margaret Briscoe Memorial Endowment Hugh Agor Memorial Endowment Dr. Russell Brock Memorial Endowment Tom & Danielle Aman Endowed Scholarship Frank Brooberg Scholarship Endowment Arthur Amoitte Endowment Donald C.