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 06/2020, Iowa State University Foundation employed 448 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Iowa State University Foundation generated $132.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $127.0m during the year ending 06/2020. While expenses have increased by 5.1% per year over the past 5 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 990 Filing

TAX YEAR

2020

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:

Part 3 - Line 4a

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 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 2020, OVER 6,900 STUDENTS RECEIVED SCHOLARSHIPS FUNDED BY PRIVATE GIFT SUPPORT.


FACULTY AND PROGRAM SUPPORT: WITH NEARLY $29 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 2020, THE NUMBER OF ENDOWED FACULTY POSITIONS (CHAIRS, PROFESSORSHIPS AND FELLOWSHIPS) WAS 215.


FACILITIES: THE FOUNDATION PROVIDED MORE THAN $37 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 STUDENT INNOVATION CENTER, THE GERDIN BUILDING ADDITION, THE ATHLETICS PERFORMANCE CENTER, AND MORE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Consulting
$1,024,500
Viking Long Fund Lp
Investment Fees
$718,256
Tweedy Browne Company Llc
Investment Fees
$416,629
Kiltearn Partners Inc
Investment Fees
$377,957
Adage
Investment Fees
$436,798
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$128,662,798
Noncash contributions included in lines 1a–1f $24,952,915
Total Revenue from Contributions, Gifts, Grants & Similar$128,662,798
Total Program Service Revenue$0
Investment income $1,740,499
Tax Exempt Bond Proceeds $0
Royalties $3,791
Net Rental Income $229,156
Net Gain/Loss on Asset Sales -$1,682,412
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $132,115,683

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

Org PageRecipient Profile

Ames, IA

PURPOSE: SEE PART IV

$100,693,775

ISU FACILITIES CORPORATION

Org PageRecipient Profile

Ames, IA

PURPOSE: LEGAL FEES

$4,223
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 56 grants that Iowa State University Foundation has recieved totaling $9,749,382.

Awarding OrganizationAmount
Gerdin Charitable Foundation

North Liberty, IA

PURPOSE: GERDIN BUILDING EXPANSION FUND

$2,500,000
Gerdin Charitable Foundation

North Liberty, IA

PURPOSE: GERDIN BUILDING EXPANSION FUND

$2,500,000
Kent Corporation Charitable Foundation

Muscatine, IA

PURPOSE: GENERAL OPERATIONS

$1,600,000
Land O L Foundation

St Paul, MN

PURPOSE: EDUCATION GRANTS

$1,500,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$428,053
Kent Corporation Charitable Foundation

Muscatine, IA

PURPOSE: GENERAL OPERATIONS

$300,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$948,722,078
Earnings$3,018,501
Admin Expense$11,777,964
Net Contributions$27,587,958
Other Expense$26,182,171
Grants$10,484,443
Ending Balance$930,883,959

Create an account to unlock the data you need.

or