Overview
What is Iowa State University Foundation?
The Iowa State University Foundation serves as a bridge between donors and Iowa State University, channeling their generosity to enhance the university's academic mission. With a focus on Land-Grant Ideals, the foundation facilitates substantial philanthropic contributions, primarily for students, faculty, facilities, and programs. Over $38.5 million in scholarships, fellowships, loans, and awards were distributed among undergraduate and graduate students across various programs and units, catering to both merit and need-based recipients. By aligning donor interests with the university's goals, the Iowa State University Foundation continues to strengthen the organization and support its mission.
Official website here: www.foundation.iastate.edu
What are the reviews and ratings of this charity?
99% rating from Charity Navigator
The Iowa State University Foundation earns a Four-Star out of Four Star rating from Charity Navigator, signifying exceptional performance in the nonprofit sector. With an impressive accountability and finance score of 98, the organization demonstrates a strong commitment to transparency and effective governance, boasting a fully independent board of 18 members and robust financial oversight measures.
User reviews reflect a positive sentiment towards the Foundation's mission, emphasizing its effectiveness in managing and directing donations for specific purposes. A donor noted the organization's excellence in securing gifts for Iowa State University, highlighting their ability to align donor intentions with the university's needs efficiently.
While the foundation excels in accountability and impact measurement, there is a minor limitation in its donor privacy policy, which is an opt-out system. Despite this, the organization successfully achieved meaningful outcomes for over 1,400 beneficiaries in a recent evaluation period, showcasing its dedication to making a significant impact in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Iowa State University Foundation legitimate?
Iowa State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa State University 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: $1,639,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,930,167
For more financial information, click here
Official website here: www.foundation.iastate.edu
What is the mission statement of Iowa State University Foundation?
The Iowa State University Foundation functions to harmonize donor passions and generosity with the goals of Iowa State University. By maximizing philanthropy, the foundation plays a crucial role in supporting the university's students, faculty, infrastructure, and programs. Through private donations, the foundation made available nearly $38.5 million in scholarships, fellowships, loans, and awards for undergraduate and graduate students across various disciplines. Both merit-based and need-based scholarships were distributed.
Official website here: www.foundation.iastate.edu
Who is the CEO of Iowa State University Foundation?
Emily Hager is the President And Ceo of Iowa State University Foundation. The CEO's salary of Iowa State University Foundation is $500,592 and their total compensation is $550,135.
Official website here: www.foundation.iastate.edu
What is the revenue of Iowa State University Foundation?
Iowa State University Foundation's revenue in 2022 was $255,070,989.
Official website here: www.foundation.iastate.edu
Who are the executives of Iowa State University Foundation and what are their salaries?
The average compensation at Iowa State University Foundation during 2022 was $46,554. There are 270 employees and 216 volunteers at Iowa State University Foundation.
Here are 27 key members and their salaries (Iowa State University Foundation's CEO's salary is $500,592 and their total compensation is $550,135):
- Compensation: $500,592
- Related: $0
- Other: $49,543
- Compensation: $290,127
- Related: $0
- Other: $42,321
- Compensation: $262,128
- Related: $0
- Other: $38,069
- Compensation: $245,168
- Related: $0
- Other: $43,471
- Compensation: $181,773
- Related: $0
- Other: $34,701
- Compensation: $157,264
- Related: $0
- Other: $37,391
- Compensation: $145,453
- Related: $0
- Other: $38,320
- Compensation: $146,007
- Related: $0
- Other: $36,010
- Compensation: $146,152
- Related: $0
- Other: $22,055
- Compensation: $144,016
- Related: $0
- Other: $39,437
- Compensation: $0
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Official website here: www.foundation.iastate.edu
Where can I find the form 990 for Iowa State University Foundation?
Iowa State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.iastate.edu
Learn more at the official website: www.foundation.iastate.edu
Mission Statement of Iowa State University Foundation
The Iowa State University Foundation serves as a bridge between donors and Iowa State University, channeling their generosity towards advancing the university's Land-Grant Ideals. This esteemed organization is dedicated to maximizing philanthropy, supporting various aspects of the university such as students, faculty, facilities, and programs. Through the power of private donations, the foundation granted nearly $38.5 million in scholarships, fellowships, loans, and awards to undergraduate and graduate students across all academic programs and units. These scholarships were merit-based as well as need-based, ensuring that deserving students have the opportunity to pursue their academic dreams. The Iowa State University Foundation's mission is a testament to its commitment to fostering the growth and success of the university and its students.
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Impact
October, 2024
The Iowa State University Foundation plays a vital role in enhancing the educational landscape at Iowa State University by effectively connecting donor passion and generosity with the university's mission. By maximizing philanthropic support, the foundation significantly contributes to the advancement of Iowa State's Land-Grant Ideals, which focus on accessibility and excellence in education for all.
In 2022 alone, the foundation facilitated the distribution of nearly $38.5 million in scholarships, fellowships, loans, and awards for undergraduate and graduate students across diverse programs and disciplines. This financial support encompasses both merit-based and need-based scholarships, ensuring that students from various backgrounds have the opportunity to pursue their educational goals.
Through these efforts, the Iowa State University Foundation not only enriches the academic experience for students but also empowers faculty, enhances facilities, and supports innovative programs. By aligning donor contributions with institutional priorities, the foundation fosters a stronger, more engaged community that is dedicated to the university's mission of education and service.
This information is meant to be a general summary of Iowa State University 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 2022.
- Investment Income: $41,175,450
- Gross Receipts: $413,584,874
Assets and Liabilities:
- Total Assets: $1,813,751,650
- Total Liabilities: $44,329,085
- Net Assets: $1,769,422,565
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Organization Details
Founding Year
1980
Phone
(515) 294-4607Principal Officer
Emily Hager
Main Address
2505 UNIVERSITY BLVD PO BOX 2230, AMES, IA, 500102230
Website
www.foundation.iastate.eduNTEE Category
Code: B110 - Education
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