Overview
What is State University Of Iowa Foundation?
The State University Of Iowa Foundation, also known as the Univ of Iowa Center for Advancement, is a dedicated nonprofit organization. Based on the provided information, their primary mission is to support and advance the University of Iowa through engagement and philanthropy. They serve a global community, reaching out to alumni, friends, and supporters in various regions. Their resources are allocated towards grants for student and faculty support, research projects, capital developments, and program enhancements. By doing so, they contribute significantly to the University of Iowa's growth and development.
Official website here: www.foriowa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The State University of Iowa Foundation has achieved a perfect score of 100%, indicating exceptional performance in accountability and finance. This high rating reflects strong governance practices, including a fully independent board composed of 31 members and effective financial oversight, as evidenced by their perfect scores in areas such as audit and conflict of interest policies.
Strengths highlighted include the foundation's transparency in financial reporting, with comprehensive documentation available on their website, including tax forms and audit reports. Their operational efficiency is also commendable, with program expenses constituting over 80% of total expenses and a very low fundraising cost, demonstrating their commitment to maximizing donor contributions for their intended programs.
While the foundation shows strong performance indicators, there are no significant limitations noted in the data provided. The organization appears to be well-managed and dedicated to maintaining high standards of accountability, which contributes to its positive reputation among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is State University Of Iowa Foundation legitimate?
State University Of Iowa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. State University Of Iowa Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,594,328
Professional Fundraising Fees: $510,652
Other Salaries and Wages: $24,928,421
For more financial information, click here
Official website here: www.foriowa.org
What is the mission statement of State University Of Iowa Foundation?
The State University Of Iowa Foundation operates with a mission to advance the University of Iowa through engagement and philanthropy. In doing so, they cater to a wide audience, including alumni, friends, and supporters from various geographical locations. Their primary goal is to provide resources to the University of Iowa through grants, which support student and faculty initiatives, research projects, capital developments, and program enhancements.
Official website here: www.foriowa.org
What is the revenue of State University Of Iowa Foundation?
State University Of Iowa Foundation's revenue in 2024 was $167,554,150.
Official website here: www.foriowa.org
Who are the executives of State University Of Iowa Foundation and what are their salaries?
The average compensation at State University Of Iowa Foundation during 2024 was $74,185. There are 371 employees and 31 volunteers at State University Of Iowa Foundation.
Here are 42 key members and their salaries:
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Official website here: www.foriowa.org
Where can I find the form 990 for State University Of Iowa Foundation?
State University Of Iowa Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foriowa.org
Learn more at the official website: www.foriowa.org
Mission Statement of State University Of Iowa Foundation
The State University Of Iowa Foundation, with its mission, works tirelessly to advance the University of Iowa. Committed to engagement and philanthropy, this esteemed organization serves a global community, connecting alumni and friends to their alma mater. Through their unwavering dedication, they provide essential resources to the University of Iowa. These resources take the form of grants, supporting student and faculty efforts, funding research, financing capital projects, and enhancing program initiatives. The State University Of Iowa Foundation is a vital partner in the University's success.
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Impact
October, 2024
The State University of Iowa Foundation plays a vital role in enhancing the University of Iowa's educational mission through dedicated engagement and philanthropic efforts. By fostering connections with alumni and friends both locally and globally, it mobilizes resources that significantly impact various facets of the university.
The foundation supports crucial initiatives including grants for student and faculty development, essential research endeavors, and capital projects that enhance campus facilities. Its commitment to program support ensures that innovative and impactful educational opportunities are made available to students and faculty alike. This financial backing not only enriches the academic environment but also strengthens the university’s overall standing in the educational landscape.
Through these efforts, the State University of Iowa Foundation contributes to a thriving educational community, cultivating future leaders, driving research advancements, and ultimately promoting the broader mission of the University of Iowa.
This information is meant to be a general summary of State University Of Iowa Foundation. 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 2024.
- Investment Income: $8,254,518
- Program Service Revenue: $13,260,976
- Gross Receipts: $617,672,468
Assets and Liabilities:
- Total Assets: $1,985,793,124
- Total Liabilities: $126,137,594
- Net Assets: $1,859,655,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING REVENUE
Revenue
$13,260,976
Organization Details
Founding Year
1956
Principal Officer
Lynette L Marshall
Website
www.foriowa.orgNTEE Category
Code: B110 - Education
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