STATE UNIVERSITY OF IOWA FOUNDATION Charity Report

Public IRS 990 nonprofit record

STATE UNIVERSITY OF IOWA FOUNDATION

EIN 42-0796760 · Education (B110)

What they do

THE UNIVERSITY of IOWA CENTER for ADVANCEMENTS MISSION is to ADVANCE THE UNIVERSITY of IOWA THROUGH ENGAGEMENT and PHILANTHROPY. WE SERVE OUR ALUMNI and FRIENDS IN THE STATE and THE REGION, THROUGHOUT THE COUNTRY, and AROUND THE WORLD. WE ARE COMMITTED to ENGAGING EVERYONE WHO (CONTINUED ON SCHEDULE O)

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.09%of revenue went to mission work79.5% of expenses · Program services

13.82%of revenue went to fundraising13.2% of expenses

$104.52spent for every $100 of revenueSpending was higher than revenue this year.

7.61%of revenue went to management and office costs7.3% of expenses

$10.84in assets for every $1 spent this yearSome assets cannot be spent right away.

88.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $9,145,960 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $687,818 for LYNETTE L MARSHALL (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$202,489,213

Mission workProgram services$168,240,94983.09% of revenue79.5% of expenses

ManagementOffice and general costs$15,410,4787.61% of revenue7.3% of expenses

FundraisingAsking for donations$27,983,74613.82% of revenue13.2% of expenses

Total expenses$211,635,173104.52% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.5% mission · 7.3% management · 13.2% fundraisingTotal expenses: 104.52% of revenue

2023Expense mix: 80.2% mission · 7.3% management · 12.5% fundraisingTotal expenses: 125.42% of revenue

2022Expense mix: 80.1% mission · 7.2% management · 12.7% fundraisingTotal expenses: 116.15% of revenue

2021Expense mix: 79.1% mission · 7.7% management · 13.2% fundraisingTotal expenses: 53.79% of revenue

2020Expense mix: 77.6% mission · 8.4% management · 14.0% fundraisingTotal expenses: 99.04% of revenue

2019Expense mix: 81.2% mission · 8.1% management · 10.6% fundraisingTotal expenses: 91.04% of revenue

2018Expense mix: 81.7% mission · 8.4% management · 9.9% fundraisingTotal expenses: 98.51% of revenue

2017Expense mix: 80.9% mission · 9.2% management · 9.9% fundraisingTotal expenses: 94.73% of revenue

Money in and money out

Revenue$202,489,213

Expenses$211,635,173

Annual shortfall $9,145,960 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$168,240,949 · 79.5% of expenses

Management and office costs$15,410,478 · 7.3% of expenses

Fundraising$27,983,746 · 13.2% of expenses

See all reported dollar amounts

Revenue$202,489,213

Expenses$211,635,173

Assets$2,294,681,117

Income$434,950,038

Contributions$178,682,936

Mission work (program services)$168,240,949

Fundraising$27,983,746

Grants given$1,088,029,463

Average grant$136,003,683

Management and general$15,410,478

Stocks and bonds$1,078,733,889

Accounting fees$111,516

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LYNETTE L MARSHALLPRESIDENT · 40 hrs/week $687,818Base $624,000 · Other $63,818

SHEILA BALDWINVP/ASSISTANT SECRETARY · 40 hrs/week $447,074Base $375,036 · Other $72,038

JIM BETHEACHIEF INVESTMENT OFFICER · 40 hrs/week $412,797Base $348,408 · Other $64,389

SHERRI P FURMANCFO/TREASURER (UNTIL 4/25/25) · 40 hrs/week $375,355Base $329,943 · Other $45,412

COLIN HENNESSYVP ALUMNI AND DONOR ENGAGEMENT · 40 hrs/week $349,280Base $281,179 · Other $68,101

ROBERT K CLARKASST VP - DATA ANALYTICS · 40 hrs/week $317,040Base $286,806 · Other $30,234

TOM K DEPRENGERVP PRINCIPAL GIFTS · 40 hrs/week $309,516Base $252,326 · Other $57,190

DEREK PENDERGASTVP, PRINCIPAL GIFTS · 40 hrs/week $298,096Base $232,903 · Other $65,193

LINDA A HARTFORDVP, CHIEF IT OFFICER · 40 hrs/week $295,885Base $241,978 · Other $53,907

KEVIN COLLINSASSOC VP DEVELOPMENT · 40 hrs/week $284,191Base $219,162 · Other $65,029

LAURA SEAMANSVP - TALENT MANAGEMENT · 40 hrs/week $275,950Base $215,344 · Other $60,606

DIANE K BROWNLEESECRETARY · 40 hrs/week $267,117Base $242,953 · Other $24,164

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (44)

LYNETTE L MARSHALLPRESIDENT

SHEILA BALDWINVP/ASSISTANT SECRETARY

JIM BETHEACHIEF INVESTMENT OFFICER

SHERRI P FURMANCFO/TREASURER (UNTIL 4/25/25)

COLIN HENNESSYVP ALUMNI AND DONOR ENGAGEMENT

ROBERT K CLARKASST VP - DATA ANALYTICS

TOM K DEPRENGERVP PRINCIPAL GIFTS

DEREK PENDERGASTVP, PRINCIPAL GIFTS

LINDA A HARTFORDVP, CHIEF IT OFFICER

KEVIN COLLINSASSOC VP DEVELOPMENT

LAURA SEAMANSVP - TALENT MANAGEMENT

DIANE K BROWNLEESECRETARY

TARA STERBATREASURER (EFFECTIVE 4/25/25)

SOUMYO SARKARDIRECTOR

KEVIN R GRUNEICHDIRECTOR

STEPHEN H BELYNDIRECTOR

SUSAN NEELYDIRECTOR

PERRY A GLASSGOWDIRECTOR

P SUE BECKWITH MDDIRECTOR

MIEKELEEN HARTDIRECTOR

SUZANNE S YOONDIRECTOR

MARY JOY STEADDIRECTOR

MARK A KAUFMANDIRECTOR

THOMAS J VEALEDIRECTOR

THOMAS R HANSONDIRECTOR

VICTOR M ALVAREZDIRECTOR

CHRIS KLEINDIRECTOR

BARBARA WILSONDIRECTOR (EX OFFICIO)

BARBARA A MCKENZIEDIRECTOR

BRUCE E RINGDAHLDIRECTOR

CARL W STUARTDIRECTOR

CAROL HAVEMANN-LYNCHDIRECTOR

CASEY D MAHONDIRECTOR

CASSANDRA S FOENS MDDIRECTOR

CATHERINE ZAHARISVICE CHAIR/DIRECTOR

LOIS A EICHACKERDIRECTOR

CHRISTOPHER D DEWOLFDIRECTOR

DYAN C SMITHDIRECTOR

FREDERICK J CRAWFORDDIRECTOR

GREGS G THOMOPULOSDIRECTOR

JAMES W CARNEYDIRECTOR

JEFFREY A CHAPMANDIRECTOR

JOHN RUAN IVDIRECTOR

ANDREW W CODECHAIR/DIRECTOR

About this charity

Recognized since: January 1957
Location: PO BOX 4550, IOWA CITY, IA 52244-4550
County: Johnson
In care of: % TALENT MANAGEMENT
Primary officer: LYNETTE L MARSHALL, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(319) 335-3305

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B110)
Grant-giving organization: Yes