Overview
What is Iowa State University Agricultural Endowment?
Iowa State University Agricultural Endowment is a nonprofit organization situated in Ames, Iowa. Housed at 103 Curtiss Hall, its primary mission is to offer opportunities that strengthen Iowa State University's College of Agriculture and Life Sciences, contributing to the future of Iowa's agriculture sector. The endowment provides financial support for people and infrastructure essential to this field, allocating funds for various purposes such as scholarships and the Support for Science with Practice Program. As of the provided information, the endowment has contributed $178,230 to these initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Iowa State University Agricultural Endowment has achieved a high rating of 94% on Charity Navigator, which highlights its strong commitment to accountability and finance. This rating is based entirely on a single beacon score, indicating that the organization has successfully met the rigorous standards in financial health and governance practices. The endowment boasts a perfect score in several areas, including having a majority of independent board members and no material diversions of assets.
Strengths of the organization include its comprehensive conflict of interest and whistleblower policies, as well as a transparent document retention process. The endowment's program expense ratio stands at an impressive 92.08%, reflecting efficient use of funds towards its mission. Such governance practices suggest a robust organizational framework aimed at promoting agricultural education and research.
While the data primarily focuses on financial and governance metrics, potential limitations or areas for improvement were not highlighted in the available information. Overall, the Iowa State University Agricultural Endowment appears to be a well-managed nonprofit with strong accountability standards.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa State University Agricultural Endowment legitimate?
Iowa State University Agricultural Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa State University Agricultural Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Iowa State University Agricultural Endowment?
The Iowa State University Agricultural Endowment's mission is centered around providing opportunities for the College of Agriculture and Life Sciences at Iowa State University. This mission aims to support individuals and infrastructure crucial to the future of Iowa agriculture. By doing so, the endowment aims to contribute significantly to the agricultural sector, ensuring its continued growth and prosperity. The endowment funds various initiatives, including the Support for Science with Practice Program and scholarships, to achieve its objectives.
Who is the CEO of Iowa State University Agricultural Endowment?
John Fischer is the President of Iowa State University Agricultural Endowment.
What is the revenue of Iowa State University Agricultural Endowment?
Iowa State University Agricultural Endowment's revenue in 2023 was $192,089.
Who are the executives of Iowa State University Agricultural Endowment and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Iowa State University Agricultural Endowment?
Iowa State University Agricultural Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Iowa State University Agricultural Endowment
The Iowa State University Agricultural Endowment is dedicated to providing opportunities that support people and infrastructure crucial to the future of Iowa agriculture. Its mission, in essence, is to bolster the Iowa State University College of Agriculture and Life Sciences, enabling it to make significant contributions to Iowa's agricultural sector. The endowment achieves this by funding various initiatives and programs, such as the Support for Science with Practice Program and scholarships, which are vital in nurturing future leaders and innovators in the agricultural field.
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Impact
October, 2024
The Iowa State University Agricultural Endowment plays a vital role in enhancing the future of Iowa agriculture by providing critical support to the College of Agriculture and Life Sciences. Through its initiatives, the endowment directly facilitates opportunities that strengthen both people and infrastructure essential for agricultural advancement.
One significant aspect of the endowment's impact is its funding for scholarships, which totaled $118,230. These scholarships help foster a new generation of agricultural leaders by making education more accessible to students pursuing careers in agriculture and life sciences. Additionally, the support for the Science with Practice Program, amounting to $59,949, exemplifies the endowment's commitment to integrating practical experience with academic learning, thereby enriching the educational journey of students.
Overall, the Iowa State University Agricultural Endowment is instrumental in cultivating knowledge, fostering innovation, and ensuring the resilience of Iowa's agricultural sector for years to come.
This information is meant to be a general summary of Iowa State University Agricultural Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $169,574
- Program Service Revenue: $88
- Gross Receipts: $192,089
Assets and Liabilities:
- Total Assets: $4,467,297
- Total Liabilities: $0
- Net Assets: $4,467,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Coop Dividends
Revenue
$88
Organization Details
Founding Year
1937
Phone
(515) 294-9895Principal Officer
John Fischer
Main Address
103 CURTISS HALL, AMES, IA, 50011
NTEE Category
Code: B110 - Education
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