University of Iowa Strategic Initiatives Fund is located in Iowa City, IA. University of Iowa Strategic Initiatives Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE STATE UNIVERSITY OF IOWA'S STRATEGIC PLAN IMPLEMENTATION BY PROVIDING GRANTS FOR SCIENTIFIC RESEARCH AND EDUCATIONAL ACTIVITIES AND SUBSIDING UTILITY EXPENSES. THE GENERAL PURPOSE OF THIS CORPORATION SHALL BE TO_MANAGE THE FUNDS FROM THE PAYMENT UNDER THE LONG TERM LEASE AND CONCESSION AGREEMENT FOR THE UNIVERSITY OF IOWA UTILITY SYSTEM EXECUTED IN DECEMBER 2019 (P3 AGREEMENT); TO SELECT AND SUPERVISE INDEPENDENT INVESTMENT MANAGER(S); TO GRANT MONEY TO THE UNIVERSITY TO SUBSIDIZE UTILITY PAYMENTS; TO DETERMINE THE ANNUAL PAYOUT OF THE ENDOWMENT FOR THE PURPOSE OF GRANTING GIFTS OF MONEY TO THE UNIVERSITY FOR DIRECT USE IN ITS SCIENTIFIC RESEARCH AND EDUCATIONAL ACTIVITIES; AND TO REVIEW ALL GRANT REQUESTS FORWARDED TO IT BY THE BUDGET REVIEW BOARD TO ENSURE THAT EACH ADVANCES THE UNIVERSITY STRATEGIC PLANS AND TO ADVANCE THE CAUSE OF EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGH IMPACT HIRING INITIATIVE: SUPPORT, RETAIN, AND RECRUIT FACULTY TO STRATEGICALLY ENHANCE PRIORITY AREAS OF EXCELLENCE. THE UNIVERSITY OF IOWA'S ABILITY TO STRENGTHEN COLLEGIATE SUPPORT STRUCTURES TO ENHANCE FACULTY SUCCESS IS CRITICAL TO FACILITATING PROGRESS ACROSS ALL STRATEGIC COMPONENTS AND METRICS. IMPROVING THE RETENTION OF FACULTY, PARTICULARLY IN PROGRAMS OF ACADEMIC EXCELLENCE, NOT ONLY PRESENTS COST-SAVINGS ASSOCIATED WITH FACULTY TURNOVER, BUT ALSO BETTER POSITIONS THE UI AS A "DESTINATION UNIVERSITY" THAT ATTRACTS A DIVERSE AND TALENTED FACULTY POOL.
JUMPSTARTING TOMORROW: A COLLABORATIVE RESEARCH PILOT PROGRAM FOR INTERDISCIPLINARY RESEARCH COMMUNITIES. INTERDISCIPLINARY RESEARCH IS A KEY COMPONENT OF THE UNIVERSITY OF IOWA'S STRATEGIC PRIORITIES AND WILL BECOME INCREASINGLY CENTRAL TO THE UNIVERSITY'S CONTINUED PROGRESS TOWARDS EXCELLENCE IN RESEARCH AND SCHOLARSHIP. THIS PROPOSAL LEVERAGES FACULTY EXPERTISE TO FOSTER INNOVATION ACROSS DISCIPLINES, AND PROVIDES ENHANCED SUPPORT TO INCREASE FEDERAL FUNDING AND ENGAGEMENT WITH A RANGE OF STAKEHOLDERS, IN THE FORM OF SEED GRANTS, THAT WILL EXPAND INSTITUTIONAL IMPACT ON STATE AND GLOBAL LANDSCAPES.
UI P3 TO NCI/NIDCR P50: MULTIDISCIPLINARY APPROACH TO ORAL CANCER ETIOLOGY AND TREATMENT. THIS PROPOSAL POSITIONS THE UNIVERSITY OF IOWA TO SUCCESSFULLY COMPETE FOR NCI/NIDCR (NATIONAL CANCER INSTITUTE/NATIONAL INSTITUTE OF DENTAL AND CRANIOFACIAL RESEARCH) FUNDING THAT TOTALS $11M. IT ALIGNS WITH KEY COMPONENTS OF THE UI'S STRATEGIC PRIORITIES, INCLUDING FEDERAL FUNDING FOR MULTIDISCIPLINARY AND HIGH-IMPACT RESEARCH, AND IT POSITIONS THE UNIVERSITY TO BECOME A NATIONAL LEADER REGARDING ORAL CANCER ETIOLOGY AND TREATMENT.
TRANSFORMING UNDERGRADUATE INTRODUCTORY STEM COURSES AT UI: "HAWKEYE INTRODUCTORY COURSES". STUDENT SUCCESS IN LARGE-ENROLLMENT INTRODUCTORY COURSES HAS BEEN IDENTIFIED AS A STRONG INDICATOR OF STUDENT RETENTION AND PROGRESS TO DEGREE AT THE UNIVERSITY OF IOWA. THIS PROPOSAL ADDRESSES GAPS IN STUDENT LEARNING AND SUPPORT IN THESE COURSES THAT WILL HAVE A MEASURABLE IMPACT ON RETENTION FOR FIRST-YEAR STUDENTS. FUNDED AMOUNT: $300,000 IOWARISE: TRANSFORMING EXPERIENTIAL RESEARCH AND EDUCATION. STUDENT SUCCESS LITERATURE HAS SUGGESTED THAT EXPERIENTIAL LEARNING FACILITATES POSITIVE OUTCOMES ON STUDENT LEARNING, RETENTION, AND GRADUATION RATES, ESPECIALLY FOR FIRST-GENERAL, PELL-ELIGIBLE, AND UNDERREPRESENTED MINORITY STUDENTS. THIS PROPOSAL SEEKS TO UNIFY SUCH EFFORTS AT THE UNIVERSITY OF IOWA AND TO BETTER CONNECT STUDENTS WITH CAREER DISCERNMENT OPPORTUNITIES AND REAL-WORLD EXPERIENCES THAT PREPARE THEM FOR DIVERSE WORKPLACES. FUNDED AMOUNT: $350,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $15,349,778 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $716,979 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,066,757 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,500,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $7,500,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $817,191,241 |
Investments—other securities | $308,067,300 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,125,258,541 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,125,258,541 |
Total liabilities and net assets/fund balances | $1,125,258,541 |
Organization Name | Assets | Revenue |
---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |