The Lake Superior State University Board of Trustees, on February 21, 2025, voted to terminate its agreement with the Lake Superior State University Foundation, a Michigan Nonprofit Corporation, with regard to fundraising and fiduciary management of funds donated to the Foundation, and to transition those services to Lake Superior State University through its Office of Advancement. After 42 years of raising funds for the University, the Foundation Board of Directors subsequently voted to wind up its affairs and to dissolve the Lake Superior State University Foundation. The Foundation will ultimately transfer all of its assets and endowed funds to the University once all legal and accounting requirements are satisfied. Moving forward, all donations should be made directly payable to Lake Superior State University and directed to the Office of Advancement.