2025-11-12T09:21:30+00:00 2025-06-30 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-07-01 420796760 STATE UNIVERSITY OF IOWA FOUNDATION STAT 3193353305 PO BOX 4550 IOWA CITY IA 522444550 LYNETTE L MARSHALL PRESIDENT 3193353305 2025-11-12 true true April Arnold P01559426 5612991820 2025-11-12 2024 2025-03-06 01:10:19Z UNIV OF IOWA CENTER FOR ADVANCEMENT LYNETTE L MARSHALL PO BOX 4550 IOWA CITY IA 522444550 434950038 false X WWW.FORIOWA.ORG X 1957 IA TO ADVANCE THE UNIVERSITY OF IOWA THROUGH ENGAGEMENT AND PHILANTHROPY. 30 30 373 31 3478318 1966808 150761152 178682936 13260976 14097677 3874906 5920878 -342884 3787722 167554150 202489213 163602708 162708366 0 0 35546591 38871456 510652 506006 27983746 10494071 9549345 210154022 211635173 -42599872 -9145960 2160832505 2294681117 133455775 137116683 2027376730 2157564434 X THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT'S 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) false false 54991483 53757140 4715830 GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR PROGRAMS. 32975207 32235043 2827810 GRANTS PROVIDING RESOURCES THE UNIVERSITY OF IOWA FOR FACULTY SUPPORT. 32140207 31418786 2756204 GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR STUDENT SUPPORT. 31349373 30645703 2688386 GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR RESEARCH. 14988118 14651694 1285316 GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR FACILITIES. 1796561 0 0 STRENGTHEN THE UNIVERSITY OF IOWA THROUGH ENGAGEMENT EFFORTS WITH ALUMNI AND DONORS. 48134052 45297397 3973702 168240949 true true false false false false false false false true true true false false true true false true false false true false false true false false false true false true false false false false false false false false true false true false false false false true true true false false true 83 0 true 373 true true true false false false false true true false false false false false false X 30 30 false false true false false false false true true false true true true true true true true true true true false false CA CO DC GA KY LA ME AK MD MA MI MN NV NH NJ NY OH OR PA SC WA WV WI X MARTY NEVSHEMAL 3193353305 PO BOX 4550 IOWA CITY IA 522444550 ANDREW W CODE CHAIR/DIRECTOR 1.0 1.0 X X 0 0 0 CATHERINE ZAHARIS VICE CHAIR/DIRECTOR 1.0 1.0 X X 0 0 0 BARBARA A MCKENZIE DIRECTOR 1.0 1.0 X 0 0 0 BARBARA WILSON DIRECTOR (EX OFFICIO) 1.0 1.0 X 0 0 0 BRUCE E RINGDAHL DIRECTOR 1.0 0.0 X 0 0 0 CARL W STUART DIRECTOR 1.0 0.0 X 0 0 0 CAROL HAVEMANN-LYNCH DIRECTOR 1.0 1.0 X 0 0 0 CASEY D MAHON DIRECTOR 1.0 0.0 X 0 0 0 CASSANDRA S FOENS MD DIRECTOR 1.0 1.0 X 0 0 0 CHRIS KLEIN DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER D DEWOLF DIRECTOR 1.0 1.0 X 0 0 0 DYAN C SMITH DIRECTOR 1.0 0.0 X 0 0 0 FREDERICK J CRAWFORD DIRECTOR 1.0 0.0 X 0 0 0 GREGS G THOMOPULOS DIRECTOR 1.0 1.0 X 0 0 0 JAMES W CARNEY DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY A CHAPMAN DIRECTOR 1.0 0.0 X 0 0 0 JOHN RUAN IV DIRECTOR 1.0 0.0 X 0 0 0 KEVIN R GRUNEICH DIRECTOR 1.0 0.0 X 0 0 0 LOIS A EICHACKER DIRECTOR 1.0 0.0 X 0 0 0 MARK A KAUFMAN DIRECTOR 1.0 0.0 X 0 0 0 MARY JOY STEAD DIRECTOR 1.0 0.0 X 0 0 0 MIEKELEEN HART DIRECTOR 1.0 0.0 X 0 0 0 P SUE BECKWITH MD DIRECTOR 1.0 1.0 X 0 0 0 PERRY A GLASSGOW DIRECTOR 1.0 0.0 X 0 0 0 SOUMYO SARKAR DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN H BELYN DIRECTOR 1.0 0.0 X 0 0 0 SUSAN NEELY DIRECTOR 1.0 0.0 X 0 0 0 SUZANNE S YOON DIRECTOR 1.0 0.0 X 0 0 0 THOMAS J VEALE DIRECTOR 1.0 1.0 X 0 0 0 THOMAS R HANSON DIRECTOR 1.0 0.0 X 0 0 0 VICTOR M ALVAREZ DIRECTOR 1.0 0.0 X 0 0 0 DIANE K BROWNLEE SECRETARY 40.0 1.0 X 242953 0 24164 LYNETTE L MARSHALL PRESIDENT 40.0 2.0 X 624000 0 63818 SHEILA BALDWIN VP/ASSISTANT SECRETARY 40.0 1.0 X 375036 0 72038 SHERRI P FURMAN CFO/TREASURER (UNTIL 4/25/25) 40.0 2.0 X 329943 0 45412 TARA STERBA TREASURER (EFFECTIVE 4/25/25) 40.0 1.0 X 166373 0 31589 COLIN HENNESSY VP ALUMNI AND DONOR ENGAGEMENT 40.0 0.0 X 281179 0 68101 LAURA SEAMANS VP - TALENT MANAGEMENT 40.0 0.0 X 215344 0 60606 DEREK PENDERGAST VP, PRINCIPAL GIFTS 40.0 0.0 X 232903 0 65193 JIM BETHEA CHIEF INVESTMENT OFFICER 40.0 0.0 X 348408 0 64389 KEVIN COLLINS ASSOC VP DEVELOPMENT 40.0 0.0 X 219162 0 65029 LINDA A HARTFORD VP, CHIEF IT OFFICER 40.0 0.0 X 241978 0 53907 TOM K DEPRENGER VP PRINCIPAL GIFTS 40.0 0.0 X 252326 0 57190 ROBERT K CLARK ASST VP - DATA ANALYTICS 40.0 0.0 X 286806 0 30234 3816411 0 701670 88 true true false HURON CONSULTING GROUP INC 550 W VAN BUREN ST CHICAGO IL 60607 SOFTWARE CONSULTANTS 1231370 T&K ROOFING COMPANY INC 101 TK DRIVE ELY IA 52227 ROOFING COMPANY 806804 CX MARKETING LLC 4200 PARLIAMENT PLACE LANHAM MD 20706 FUNDRAISING MAILINGS 694943 FUND EVALUATION GROUP LLC PO BOX 639176 CINCINNATI OH 452639176 FINANCIAL CONSULTANT 685871 SALESFORCECOM INC PO BOX 203141 DALLAS TX 753203141 SOFTWARE CONSULTANTS 626065 9 684837 177998099 6311800 178682936 FUNDRAISING REVENUE 900099 14097677 14097677 0 0 0 0 14097677 7777751 7777751 133535 133535 0 0 230144461 459491 232015825 445000 -1871364 14491 -1856873 -1856873 0 INVESTMENT PARTNERSHIP 900099 3478318 3478318 MANAGEMENT & SERVICE FEE INCOME 900099 175869 175869 0 0 0 0 3654187 202489213 14273546 3478318 6054413 162708366 162708366 2618615 599746 1094877 923992 171477 171477 27168979 2741765 7504123 16923091 2817386 317072 871716 1628598 4170014 426038 1263415 2480561 1924985 195350 534585 1195050 50134 50134 111516 111516 506006 506006 1022377 0 920139 102238 1053098 245678 807420 833992 5075 820577 8340 2412120 271463 746324 1394333 855713 96303 264763 494647 787243 55765 731478 693342 693342 272192 272192 PRINTING/PUBLICATIONS 550180 330108 27509 192563 STAFF TRAINING & DEVELOPMENT 366811 41281 113494 212036 POSTAGE/MAIL HANDLING 311513 186908 15576 109029 RECRUITMENT 177989 20031 55071 102887 51125 0 51125 0 211635173 168240949 15410478 27983746 7607303 18465486 129753360 92301485 253105603 273361945 1459073 96029 0 0 0 0 37183918 16347023 19747635 20836895 966004560 1078733889 783154971 810885388 0 0 0 2160832505 2294681117 4013805 5098816 0 0 129441970 132017867 133455775 137116683 X 48616273 53739522 1978760457 2103824912 2027376730 2157564434 2160832505 2294681117 X -9145960 142821602 -3487938 X false true true false X 114527131 243665790 130867878 150761152 178682936 818504887 0 0 114527131 243665790 130867878 150761152 178682936 818504887 96322567 722182320 2485918 1441877 7379940 8287262 7911286 27506283 7501486 0 1966808 9468294 254013 298864 278927 306358 175869 1314031 856793495 62417979 0.84289 0.85524 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 254013.0, COLUMN B - 298864.0, COLUMN C - 278927.0, COLUMN D - 306358.0, COLUMN E - 175869.0, COLUMN F - 1314031.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1326048002 50854048 96512804 18282453 41832438 0 1413299963 1202860838 55686740 125339880 17910799 39928657 0 1326048002 1171472439 34557318 46977063 15032497 35113485 0 1202860838 1156953634 51473622 4484820 14720088 26719549 0 1171472439 897174223 52108756 244794087 12944963 24178469 0 1156953634 0.0057 0.701 0.2933 false false 5312350 5312350 28222914 14426213 13796701 1458665 1243310 215355 2189989 677500 1512489 20836895 Closely-held equity interests Financial derivatives MANAGED SEPARATE INVESTMENT ACCOUNTS 716976240 F ASSETS IN LIVING TRUSTS 64067805 F INTEREST IN PERPETUAL TRUSTS 19776943 F CASH VALUE OF LIFE INSURANCE 8873301 F UI FACILITIES CORPORATION 1191099 F 810885388 Federal Income Taxes ANNUITY AND LIFE INCOME OBLIGATIONS 21800250 AMOUNTS HELD ON BEHALF OF OTHERS 110217617 132017867 X 342032773 142821602 0 0 200276 143021878 199010895 0 3478318 3478318 202489213 211845069 0 0 0 209896 209896 211635173 0 0 0 211635173 Schedule D, Part V, Line 4 Intended uses of endowment funds TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE INVESTMENT OBJECTIVE OF THE ENDOWMENT IS TO SEEK MAXIMUM TOTAL RETURN CONSISTENT WITH THE PRESERVATION OF PRINCIPAL, DIVERSIFICATION AND AVOIDANCE OF EXCESSIVE RISK. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UICA IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UICA IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UICA FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE UICA FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN ACCORDANCE WITH THAT GUIDANCE, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. THE UICA IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL OR STATE AUTHORITIES FOR YEARS ENDING BEFORE JUNE 30, 2022. THE UICA HAS NOT BEEN NOTIFIED OF ANY IMPENDING EXAMINATION AND NO EXAMINATIONS ARE CURRENTLY IN PROCESS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 UNIVERSITY OF IOWA FACILITIES CORPORATION REVENUE - 200276 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements INVESTMENT PARTNERSHIP INCOME/LOSS FROM K-1'S - 3478318 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 UNIVERSITY OF IOWA FACILITIES CORPORATION - 209896 East Asia and the Pacific 0 0 PASSIVE INVESTMENTS N/A 16378698 Europe (Including Iceland and Greenland) 0 0 PASSIVE INVESTMENTS N/A 18299351 North America (Canada & Mexico only) 0 0 PASSIVE INVESTMENTS N/A 4491793 East Asia and the Pacific 0 0 Fundraising N/A 20148 North America (Canada & Mexico only) 0 0 Fundraising N/A 7259 Europe (Including Iceland and Greenland) 0 0 Fundraising N/A 21222 South Asia 0 0 Fundraising N/A 12533 0 0 0 0 0 0 39231004 0 39231004 true false false true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH ASIA-Accrual X X X X X true Moore A Series LLC Amergent Division 4200 Parliament Place 3rd Floor Lanham MD 20706 Mail false 1220066 506006 714060 1220066 506006 714060 CA CO CT DC FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX VA AR WA WV WI true STATE UNIVERSITY OF IOWA 4 JESSUP HALL IOWA CITY IA 522421316 426004813 SECTION 115 162708366 SEE PART IV 1 0 Schedule I, Part II, Line 1(h) SCHEDULE I, PART II, LINE I, COLUMN H STUDENT FINANCIAL AID, RESEARCH, AND ACADEMIC PROGRAMS Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds GRANTS (OR TRANSFERS TO THE UNIVERSITY OF IOWA) FROM THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA) ARE SUBJECT TO UNIVERSITY OF IOWA AND UICA POLICIES AND PROCEDURES. BY SUBMISSION OF AN APPROVED REQUEST FOR TRANSFER OR EXPENDITURE, THE UNIVERSITY OF IOWA DEPARTMENT ACKNOWLEDGES THAT THE EXPENSE COMPLIES WITH DONOR INTENT AS SPECIFIED IN THE DONOR INTENT DOCUMENT SUPPLIED AT THE TIME THE GIFT IS RECEIVED FROM THE DONOR. ALL TRANSFER REQUESTS MUST INCLUDE A WRITTEN DESCRIPTION OF THE NATURE, DATE, PURPOSE AND THE AMOUNT OF THE REIMBURSABLE EXPENSE AND SIGNATURE OF AN AUTHORIZED UNIVERSITY OF IOWA ACCOUNT REPRESENTATIVE. ULTIMATE EXPENDITURES FOR THE SPECIFIED PURPOSE MUST BE MADE THROUGH UNIVERSITY OF IOWA IN ACCORDANCE WITH ITS PURCHASING POLICIES. SUPPORTING DOCUMENTATION MUST BE ATTACHED OR BE AVAILABLE IF REQUESTED BY THE UICA. X X X X X X false false false false false false false false false LYNETTE L MARSHALL PRESIDENT 474710 0 123000 0 26290 0 34500 0 29318 0 687818 0 0 0 SHEILA BALDWIN VP/ASSISTANT SECRETARY 297038 0 77250 0 748 0 31991 0 40047 0 447074 0 0 0 SHERRI P FURMAN CFO/TREASURER (UNTIL 4/25/25) 264682 0 58931 0 6330 0 28573 0 16839 0 375355 0 0 0 DIANE K BROWNLEE SECRETARY 190855 0 28350 0 23748 0 22270 0 1894 0 267117 0 0 0 TARA STERBA TREASURER (EFFECTIVE 4/25/25) 162282 0 3500 0 591 0 25914 0 5675 0 197962 0 0 0 ROBERT K CLARK ASST VP - DATA ANALYTICS 230929 0 32168 0 23709 0 25914 0 4320 0 317040 0 0 0 COLIN HENNESSY VP ALUMNI AND DONOR ENGAGEMENT 242631 0 37800 0 748 0 26844 0 41257 0 349280 0 0 0 LAURA SEAMANS VP - TALENT MANAGEMENT 196658 0 17938 0 748 0 21448 0 39158 0 275950 0 0 0 JIM BETHEA CHIEF INVESTMENT OFFICER 336505 0 10757 0 1146 0 34500 0 29889 0 412797 0 0 0 TOM K DEPRENGER VP PRINCIPAL GIFTS 216706 0 29290 0 6330 0 23009 0 34181 0 309516 0 0 0 DEREK PENDERGAST VP, PRINCIPAL GIFTS 203584 0 28173 0 1146 0 22131 0 43062 0 298096 0 0 0 LINDA A HARTFORD VP, CHIEF IT OFFICER 206615 0 32073 0 3290 0 22932 0 30975 0 295885 0 0 0 KEVIN COLLINS ASSOC VP DEVELOPMENT 199999 0 17020 0 2143 0 21178 0 43851 0 284191 0 0 0 KATHARINE LASANSKY SEE PART V 171477 SALARY AND BENEFITS false Schedule L, Part IV THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT HAS A NEPOTISM POLICY THAT ADDRESSES THE EMPLOYMENT OF UICA EMPLOYEE AND BOARD MEMBER'S IMMEDIATE FAMILY MEMBERS. WHEN THE POLICY IS TRIGGERED; HIRING, COMPENSATION, AND REPORTING PROCEDURES ARE MODIFIED TO AVOID CONFLICTS OR THE APPEARANCE OF IMPROPRIETY. Schedule L, Part IV, Column (b) KATHARINE LASANKSY KATHARINE IS EMPLOYED BY THE ORGANIZATION AND IS THE DAUGHTER OF LYNETTE MARSHALL, AN OFFICER OF THE ORGANIZATION. 144 3146261 Other - Average of High and Low 1 2450000 Market value 16 270539 Market value 1 445000 Market value 0 false true true Schedule M, Part I Column B - EXPLANATION OF REPORTING METHOD Reporting number of contributions received Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions UICA hired a realtor to sell donated property located in the state of Iowa. Form 990, Part III, Line 1 ORGANIZATION'S MISSION LOVES THE UNIVERSITY OF IOWA - ALUMNI, FANS, PATIENTS, ART LOVERS, STUDENTS, PARENTS AND FRIENDS - THROUGH PROGRAMMING, EVENTS AND OPPORTUNITIES TO GIVE BACK TO THE UNIVERSITY OF IOWA. THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT, AN OPERATIONAL NAME FOR THE STATE UNIVERSITY OF IOWA FOUNDATION, IS AN INDEPENDENT ORGANIZATION AND THE PREFERRED CHANNEL FOR PRIVATE CONTRIBUTIONS THAT BENEFIT ALL AREAS OF THE UNIVERSITY OF IOWA. Form 990, Part III, Line 4d Description of other program services (Expenses $ 31,349,373 including grants of $ 30,645,703)(Revenue $ 2,688,386) GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR RESEARCH. Form 990, Part III, Line 4d Description of other program services (Expenses $ 14,988,118 including grants of $ 14,651,694)(Revenue $ 1,285,316) GRANTS PROVIDING RESOURCES TO THE UNIVERSITY OF IOWA FOR FACILITIES. Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,796,561 including grants of $ 0)(Revenue $ 0) STRENGTHEN THE UNIVERSITY OF IOWA THROUGH ENGAGEMENT EFFORTS WITH ALUMNI AND DONORS. Form 990, Part VI, Line 10a Local chapters, branches, or affiliates IOWA VOLUNTEER NETWORKS WHICH HAVE BEEN RECOGNIZED BY THE STATE UNIVERSITY OF IOWA FOUNDATION (DBA UNIV OF IOWA CENTER FOR ADVANCEMENT 42-0796760) SERVE AS AN EXTENDING ARM FROM THE UNIVERSITY TO ITS ALUMNI AND FRIENDS IN LOCAL AND REGIONAL AREAS. IOWA VOLUNTEER NETWORKS STRENGTHEN THE UNIVERSITY OF IOWA AND PROVIDE A NETWORK FOR ALUMNI THROUGH THE PLANNING AND IMPLEMENTATION OF A VARIETY OF SOCIAL, EDUCATIONAL, AND CULTURAL PROGRAMS. THE RECOGNIZED IOWA VOLUNTEER NETWORK PROGRAM CATEGORIZES FOUR ORGANIZATIONAL LEVELS BASED UPON TYPES OF ACTIVITIES PERFORMED. RECOGNIZED IOWA VOLUNTEER NETWORKS ANNUALLY COMPLETE SPECIFIC COMPLIANCE STANDARDS TO MAINTAIN THEIR RECOGNITION STATUS AND TO ACCESS CORRESPONDING RESOURCES PROVIDED BY THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA). EACH YEAR IOWA VOLUNTEER NETWORKS COMPLETE A REPORT AND CERTIFICATION DOCUMENT TO INFORM THE UICA ABOUT ITS QUALIFYING ACTIVITIES AND COMPLIANCE. GENERAL GUIDELINES FOR TAX COMPLIANCE REPORTING ARE ALSO INCLUDED IN THIS HANDBOOK TO ADVISE VOLUNTEERS ABOUT REPORTING REQUIREMENTS. Form 990, Part VI, Line 15a & 15B - PROCESS TO ESTABLISH COMPENSATION THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SHALL SERVE AS A COMPENSATION COMMITTEE IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT AND CEO, OTHER BOARD ELECTED OFFICIALS, AND KEY EMPLOYEES (COLLECTIVELY REFERRED TO AS DISQUALIFIED PERSONS.) THE EXECUTIVE COMMITTEE SHALL PERFORM THE FOLLOWING RESPONSIBILITIES: (1) ESTABLISH PERFORMANCE CRITERIA, SET TERMS OF EMPLOYMENT, AND ESTABLISH TOTAL COMPENSATION ARRANGEMENT FOR THE PRESIDENT AND CEO (2) IDENTIFY WITH THE ASSISTANCE OF THE PRESIDENT, OTHER DISQUALIFIED PERSONS (3) REVIEW AND APPROVE RECOMMENDATIONS OF THE PRESIDENT FOR THE TERMS OF EMPLOYMENT AND TOTAL COMPENSATION OF ALL DISQUALIFIED PERSONS. THE EXECUTIVE COMMITTEE SHALL REGULARLY OBTAIN, REVIEW AND CONSIDER RELEVANT COMPARATIVE DATA OF COMPENSATION AND BENEFIT LEVELS PAID/PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS. THE EXECUTIVE COMPENSATION SUBCOMMITTEE PERFORMED THE REVIEW IN 2024. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE BOARD OF DIRECTORS OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA) THROUGH ITS BYLAWS, DELEGATES AUTHORITY TO ACT ON ITS BEHALF TO AN EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS AND EXERCISES ALL OF THE POWERS OF THE BOARD BETWEEN MEETINGS OF THE BOARD TO THE EXTENT PERMITTED BY LAW. REPORTS OF THE ACTION OF THE EXECUTIVE COMMITTEE ARE SUBMITTED TO THE BOARD AT ITS NEXT MEETING FOLLOWING THE ACT TAKEN BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD AND NOT FEWER THAN THREE OR MORE THAN NINE MEMBERS OF THE BOARD APPOINTED BY THE BOARD AT ITS ANNUAL MEETING. THE PRESIDENT OF THE STATE UNIVERSITY OF IOWA IS AN EX OFFICIO MEMBER WITH VOTING POWER. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Line 4 Significant changes to organizational documents THE ORGANIZATION'S ARTICLES OF INCORPORATION WERE AMENDED TO PROPERLY REFLECT THE PURPOSE AND OBJECTIVES OF THE ORGANIZATION. THE ORGANIZATION GRANTS GIFTS TO THE UNIVERSITY FOR USE IN ITS RESEARCH, PUBLIC/COMMUNITY SERVICE, AND EDUCATIONAL ACTIVITIES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. A SUBCOMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A DETAILED REVIEW OF THE FORM 990. FOLLOWING THE DETAILED REVIEW, THE FINAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW PRIOR TO THE FILING DEADLINE. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD OF DIRECTORS, BOARD COMMITTEE MEMBERS, AND OFFICERS (RESPONSIBLE PERSONS) OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA) HAVE A DUTY TO CONDUCT ACTIVITIES OF THE UICA WITH THE HIGHEST ETHICAL STANDARDS AND TO MAKE DECISIONS CONCERNING THE UICA SOLELY TO ADVANCE ITS MISSION AND INTERESTS. THIS CONFLICT OF INTEREST POLICY IS TO ASSIST THE UICA AND RESPONSIBLE PERSONS IN IDENTIFYING SITUATIONS THAT PRESENT POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND TO SPECIFY PROCEDURES FOR MANAGING THEM. REPORTING PROCEDURES: EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE AND SUBMIT A STATEMENT SETTING FORTH ANY AND ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST THAT ARE ANTICIPATED TO OCCUR IN THE COMING FISCAL YEAR. THE ANNUAL STATEMENT WILL BE INITIALLY REVIEWED BY THE TREASURER AND, IF DETERMINED NECESSARY AFTER THE TREASURER'S REVIEW, BY THE CHAIR OF THE BOARD. IN ADDITION TO THE ANNUAL DISCLOSURE STATEMENT, UPON BECOMING AWARE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST NOT PREVIOUSLY DISCLOSED, A RESPONSIBLE PERSON MUST PROMPTLY REPORT IN WRITING TO THE CHAIR OF THE BOARD. THE CHAIR'S ANNUAL STATEMENT AND SUPPLEMENTAL REPORTS, IF ANY, SHALL BE REVIEWED BY THE EXECUTIVE COMMITTEE. DETERMINATION OF THE CONFLICT: THE EXECUTIVE COMMITTEE, WITHOUT THE AFFECTED RESPONSIBLE PERSON PRESENT, SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE MATERIAL FACTS OF THE RESPONSIBLE PERSON'S CONFLICTS OF INTEREST WILL BE DISCLOSED TO THE BOARD OF DIRECTORS. ACTION AND RECUSAL: THE BOARD SHALL DETERMINE WHETHER TO AUTHORIZE, APPROVE, OR RATIFY THE ARRANGEMENT/TRANSACTION BASED SOLELY ON WHETHER IT IS IN THE BEST INTEREST OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT IN PERFORMING ITS MISSION. THE AUTHORIZATION, APPROVAL, AND RATIFICATION MUST BE ACCOMPLISHED BY AN AFFIRMATIVE VOTE, AS APPLICABLE, OF A MAJORITY OF THE DIRECTORS ON THE BOARD WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE ARRANGEMENT/TRANSACTION. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST; INSTRUCTIONS FOR DOING SO ARE INCLUDED ON THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT WEBSITE (WWW.FORIOWA.ORG). Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGES IN NET ASSETS OF UNIVERSITY OF IOWA FACILITIES - -9620; INCOME FROM INVESTMENT K-1'S - -3478318; Total - -3487938; UNIVERSITY OF IOWA FACILITIES CORPORATION ONE WEST PARK ROAD IOWA CITY IA 52242 420931777 HOLD PROPERTY IA 501(c)(3) Type I UICA true STANLEY-UNIVERSITY OF IOWA FOUNDATION SUPPORT ONE WEST PARK ROAD IOWA CITY IA 52242 421129040 SUPPORT ORG IA 501(c)(3) Type I UICA true JACK R VOLLERTSEN ANNUITY TRUST US BANK PO BOX 2043 MILWAUKEE WI 53201 421284566 SUPPORT ORG IA 501(c)(3) Type III-FI NA false false false true false false false false false false false false true false false true false true false false STANLEY UNIVERSITY OF IOWA FOUNDATION C 684837 BOARD APPROVAL STANLEY UNIVERSITY OF IOWA FOUNDATION Q 176927 FMV