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Iowa State University Foundation

Iowa State University Foundation

Ames, IA 50010
Tax ID42-1143702

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About this organization

Revenue

$160,807,746

Expenses

$145,568,384

Mission

Aligning donor passion and generosity to advance Iowa State University’s land grant ideals.

About

Student Support: Iowa State undergraduate and graduate students received more than $34 million in scholarships, fellowships, loans and awards from private gift support. Students received both merit- and need-based scholarship support 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 2019, over 6,700 students received scholarships funded by private gift support.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Iowa state university foundation's mission is to align donor passion and generosity to advance iowa state university's land-grant ideals. the foundation maximizes philanthropy in support of iowa state university - its students, faculty and programs. this is accomplished by promoting and nurturing volunteerism and philanthropy, collaborating and building partnerships with university administrators and faculty, building long-term relationships with donors while representing their needs and interests, operating with openness and transparency while honoring donors' privacy, and providing foundation staff and volunteers with the tools and resources needed to achieve these goals. the foundation raised nearly $182 million in new gifts and commitments for the year ending on june 30, 2019. these results were due to the generous support of nearly 32,000 benefactors, including over 4,000 first-time donors. continued in schedule o”.

When referring to its tasks, they were referred to as: “Aligning donor passion and generosity to advance iowa state university's land-grant ideals.”.

  • The non-profit's state of operation has been legally reported as IA.
  • According to the latest filing, the non-profit's address in 2020 is 2505 University Boulevard, Ames, IA, 500102230.
  • The total number of employees reported by the non-profit on their form for 2020 is 439.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $15,239,362.
  • The CEO compensation policy within the organization is established through an impartial evaluation and approval.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 17 independent voting members.
  • The organization was formed in 1980.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $13,005,657 in salary, compensation, and benefits to its employees.
  • The organization pays $13,128,089 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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