Iowa State University Foundation

Organization Overview

Iowa State University Foundation is located in Ames, IA. The organization was established in 1980. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Iowa State University Foundation employed 270 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa State University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Iowa State University Foundation generated $255.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $146.6m during the year ending 06/2022. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ALIGNING DONOR PASSION AND GENEROSITY TO ADVANCE IOWA STATE UNIVERSITY'S LAND-GRANT IDEALS.

Describe the Organization's Program Activity:

STUDENT SUPPORT: IOWA STATE UNDERGRADUATE AND GRADUATE STUDENTS RECEIVED NEARLY $38.5 MILLION IN SCHOLARSHIPS, FELLOWSHIPS, LOANS AND AWARDS FROM PRIVATE GIFT SUPPORT. STUDENTS RECEIVED BOTH MERIT- AND NEED-BASED SCHOLARSHIP ACROSS ALL PROGRAMS AND UNITS OF THE UNIVERSITY. PRIVATE GIFT SUPPORT IS CRITICAL TO ENSURING THAT ALL WILLING STUDENTS ARE ABLE TO EXPLORE THEIR EDUCATION OPPORTUNITIES, EXPERIENCE COLLEGE LIFE, AND EFFICIENTLY MANAGE TUITION COSTS AND DEBT LOADS. IN 2022, MORE THAN 7,000 STUDENTS RECEIVED SCHOLARSHIPS FUNDED BY PRIVATE GIFT SUPPORT.


NONCASH GRANTS


FACULTY AND PROGRAM SUPPORT: WITH OVER $28.7 MILLION FROM THE IOWA STATE UNIVERSITY FOUNDATION, UNIVERSITY FACULTY AND STAFF RECEIVED ADDITIONAL SUPPORT ALLOWING FOR INCREASED RESEARCH OPPORTUNITIES AND IMPROVED CLASSROOM EXPERIENCES FOR ALL STUDENTS. PRIVATE GIFT SUPPORT HELPS MEET THE UNIVERSITY'S GOAL TO ATTRACT AND RETAIN THE WORLD-CLASS FACULTY WHICH ULTIMATELY ATTRACTS THE BEST AND BRIGHTEST STUDENTS. DURING 2022, THE NUMBER OF ENDOWED FACULTY POSITIONS (CHAIRS, PROFESSORSHIPS AND FELLOWSHIPS) WAS 228.


FACILITIES: THE FOUNDATION PROVIDED MORE THAN $48.5 MILLION TO THE UNIVERSITY IN SUPPORT OF NEW BUILDING CONSTRUCTION, RENOVATION AND EQUIPMENT NEEDS. STATE-OF-THE-ART FACILITIES HELP THE UNIVERSITY ATTRACT HIGH-QUALITY FACULTY AND STUDENTS. THESE FACILITIES PROVIDE SPACE, ENVIRONMENTS, AND TECHNOLOGIES THAT PROMOTE THE HIGHEST LEVELS OF TEACHING, LEARNING AND RESEARCH. PRIVATE GIFT SUPPORT ASSISTED IN FUNDING OF THE STARK PERFORMANCE CENTER, PEDESTRIAN GATEWAY BRIDGE PROJECT, THE ISU KENT CORP FEED MILL AND GRAIN SCIENCE COMPLEX, AND MORE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Consulting
$1,049,500
Salesforcecom
Online/software Services
$734,829
Viking Long Fund Lp
Investment Fees
$1,149,905
Uc Innovation Inc
Consulting
$704,480
Adage
Investment Fees
$661,296
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$211,090,028
Noncash contributions included in lines 1a–1f $71,781,316
Total Revenue from Contributions, Gifts, Grants & Similar$211,090,028
Total Program Service Revenue$0
Investment income $1,038,223
Tax Exempt Bond Proceeds $0
Royalties $3,617
Net Rental Income $301,821
Net Gain/Loss on Asset Sales $40,137,227
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $255,070,989

Grants Awarded

Over the last fiscal year, Iowa State University Foundation has awarded $100,697,998 in support to 2 organizations.

Grant RecipientAmount

IOWA STATE UNIVERSITY

PURPOSE: SEE PART IV

$100,693,775

ISU FACILITIES CORPORATION

PURPOSE: LEGAL FEES

$4,223
View Grant Profile

Peer Organizations

Organization NameAssets
University Of Wisconsin Foundation
Madison, WI
$739,045,115
University Of Minnesota Foundation
Minneapolis, MN
$428,104,208
University Of Illinois Foundation
Urbana, IL
$360,635,048
University Of Nebraska Foundation
Lincoln, NE
$428,116,376
State University Of Iowa Foundation
Iowa City, IA
$167,554,150
Iowa State University Foundation
Ames, IA
$255,070,989
University Of Wisconsin-Eau Claire Foundation Inc
Eau Claire, WI
$61,072,738
Kummer Institute Foundation
Rolla, MO
$10,771,038
Missouri State University Foundation
Springfield, MO
$43,988,048
South Dakota State University Foundation
Brookings, SD
$86,766,590
Ics Support Organization Inc
Franklin, WI
$58,293,460
Umkc Foundation
Kansas City, MO
$15,012,155
University Of South Dakota Foundation
Vermillion, SD
$26,328,274
University Of Northern Iowa Foundation
Cedar Falls, IA
$39,233,728
University Of Iowa Strategic Initiatives Fund
Iowa City, IA
$26,829,794
Southern Illinois University Foundation
Carbondale, IL
$36,415,976
Illinois State University Foundation
Normal, IL
$34,747,700
National Assistance Foundation
Des Moines, IA
$16,875,706
University Research Park Inc
Madison, WI
$24,013,921
St Louis Charter Schools
St Louis, MO
$17,533,867
Sioux Falls Christian Schools Association
Sioux Falls, SD
$21,344,730
Northern Illinois University Foundation
Dekalb, IL
$24,268,397
Private Education-Employers Trust
St Louis, MO
$12,211,417
University Of Alberta Foundation Usa Inc
Chicago, IL
$13,603,759
Linda Hall Library Trust
Kansas City, MO
$16,587,710

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