There are two endowment funds at NDSU specifically for the Athletic Department:

Scholarship fund - earnings from these endowments help pay for student athlete scholarships. The remainder is paid by Teammakers. This fund is now over $38 million.

Program operations fund - earnings from these endowments help support specific sports expenses. This fund is now over $11 million.

Read the article released by NDSU yesterday:

https://gobison.com/news/2020/5/18/g...for-bison.aspx

The following has allowed me to pay zero income tax to the state of North Dakota the past five years.

All donations made to the NDSU Athletics endowment fund are 100 percent tax-deductible charitable gifts. North Dakota residents may take an additional 40 percent state income tax credit.