Totals
- Total revenue
- $1,892,660
- Total expenses
- $1,983,068
- Contributions and grants received
- $938,100
- Grants paid
- $1,302,643
- Program service revenue
- $665,800
- Investment income
- $288,760
- Other revenue
- $0
- Total assets, end of year
- $8,217,567
- Total liabilities, end of year
- $105,538
- Net assets or fund balances, end of year
- $8,112,029
- Program services expenses (Part IX)
- $1,302,643
- Management and general expenses
- $424,515
- Fundraising expenses
- $255,910
- Program service expenses (Part III)
- $1,302,643
Program services were 65.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$938,100
-
2a · Program service revenue: ASSESSMENTS
total $665,800 · related or exempt $665,800
-
3 · Investment income
total $200,267 · excluded $200,267
-
7a · Gross sales of assets other than inventory
securities $207,512
-
7b · Less cost or other basis and sales expenses
securities $119,019
-
7c · Gain or loss
securities $88,493
-
7d · Net gain or loss
total $88,493 · excluded $88,493
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,302,643 · program services $1,302,643
-
6 · Compensation of disqualified persons
total $202,016 · fundraising $202,016
-
7 · Other salaries and wages
total $160,082 · management and general $160,082
-
8 · Pension plan contributions
total $53,982 · management and general $53,982
-
9 · Other employee benefits
total $64,433 · management and general $64,433
-
10 · Payroll taxes
total $25,479 · management and general $12,599 · fundraising $12,880
-
11f · Fees: investment management
total $48,105 · management and general $48,105
-
11g · Fees: other
total $15,493 · management and general $15,493
-
14 · Information technology
total $10,965 · management and general $10,965
-
16 · Occupancy
total $10,608 · management and general $10,608
-
17 · Travel
total $29,560 · fundraising $29,560
-
22 · Depreciation, depletion and amortization
total $1,022 · management and general $1,022
-
23 · Insurance
total $8,311 · management and general $8,311
-
24a · Other expenses: MEMBERSHIPS
total $13,887 · management and general $13,887
-
24b · Other expenses: VEHICLE
total $11,454 · fundraising $11,454
-
24c · Other expenses: TELEPHONE
total $6,338 · management and general $6,338
-
24d · Other expenses: EQUIPMENT RENTAL & MAIN
total $5,800 · management and general $5,800
-
24e · All other expenses
total $12,890 · management and general $12,890
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,375,415 · end of year $1,368,189
-
4 · Accounts receivable
end of year $10,000
-
9 · Prepaid expenses and deferred charges
beginning of year $20,068 · end of year $20,711
-
10a · Land, buildings and equipment: cost or other basis
$38,655
-
10b · Land, buildings and equipment: accumulated depreciation
$38,156
-
10c · Land, buildings and equipment, net
beginning of year $1,521 · end of year $499
-
12 · Investments: other securities
beginning of year $6,431,489 · end of year $6,786,936
-
15 · Other assets
beginning of year $24,133 · end of year $31,232
-
17 · Accounts payable and accrued expenses
beginning of year $20,648 · end of year $22,866
-
18 · Grants payable
beginning of year $58,490 · end of year $49,409
-
25 · Other liabilities
beginning of year $25,280 · end of year $33,263
-
27 · Net assets without donor restrictions
beginning of year $1,929,527 · end of year $1,965,353
-
28 · Net assets with donor restrictions
beginning of year $5,818,681 · end of year $6,146,676
Mission and programs · 2023
Mission
THE FOUNDATION IS ORGANIZED TO FURTHER THE GROWTH AND DEVELOPMENT OF PRIVATE COLLEGES AND UNIVERSITIES OF HIGHER EDUCATION IN IOWA.
Activities or mission (Part I)
SEE FORM 990, PART III, LINE 1
-
DISTRIBUTIONS OF CONTRIBUTIONS TO MEMBER COLLEGES AND UNIVERSITIES.
Expenses $1,302,643 · Grants $1,302,643 · Revenue $665,800
As filed on the 2023 return.
Listed in Part VII
-
Kent HallKENT HALL
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Rachelle KeckRACHELLE KECK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Albert MoselyALBERT MOSELY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brian WogenBRIAN WOGEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter VoorheesPETER VOORHEES
PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
James CollinsJAMES COLLINS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark PutnamMARK PUTNAM
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan BrandJONATHAN BRAND
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay ChaseLINDSAY CHASE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick GerhartNICK GERHART
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey BullockJEFFREY BULLOCK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff GribbenJEFF GRIBBEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca NeiduskiREBECCA NEIDUSKI
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John OttossonJOHN OTTOSSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James AipperspachJAMES AIPPERSPACH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan HaackSUSAN HAACK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Earl MartinEARL MARTIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony GolobicTONY GOLOBIC
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Jacobson-SchultePATRICK JACOBSON-SCHULTE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff HartfieldJEFF HARTFIELD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gage KentGAGE KENT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob McDonaldROB MCDONALD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John SmithJOHN SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Randy RamloRANDY RAMLO
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christine TerharkCHRISTINE TERHARK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kirk TylerKIRK TYLER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve DorenkampSTEVE DORENKAMP
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marty FredericksMARTY FREDERICKS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike GassmanMIKE GASSMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charlie HartigCHARLIE HARTIG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sean KennedySEAN KENNEDY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Clarence HudsonCLARENCE HUDSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim RussellJIM RUSSELL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ben SteeleBEN STEELE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charese YanneyCHARESE YANNEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Judy Ralston-HansenJUDY RALSTON-HANSEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jenifer WardJENIFER WARD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris HylandCHRIS HYLAND
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anne HarrisANNE HARRIS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian LenzmeierBRIAN LENZMEIER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dave PargulskiDAVE PARGULSKI
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Claudia SchabelCLAUDIA SCHABEL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John StavnesJOHN STAVNES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Drew VogelDREW VOGEL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David HayesDAVID HAYES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erik HoekstraERIK HOEKSTRA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Todd OlsonTODD OLSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amy NovakAMY NOVAK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gregory ChristyGREGORY CHRISTY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael HelakMICHAEL HELAK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fletcher LamkinFLETCHER LAMKIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia DravesPATRICIA DRAVES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jay BeyersJAY BEYERS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy FrankenKATHY FRANKEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ed FinnED FINN
PRESIDENT
- Total calculated
- $235,455
- From this org
- $202,016
- From related orgs
- $0
- Other
- $33,439
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $202,016
- Bonus
- $0
- Other
- $0
- Deferred
- $30,127
- Nontaxable benefits
- $3,312
- Filer's total
- $235,455
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$68,107
PROVIDE SCHOLARSHIPS
-
$67,770
PROVIDE SCHOLARSHIPS
-
$63,282
PROVIDE SCHOLARSHIPS
-
$62,265
PROVIDE SCHOLARSHIPS
-
$61,527
PROVIDE SCHOLARSHIPS
-
$61,440
PROVIDE SCHOLARSHIPS
-
$61,110
PROVIDE SCHOLARSHIPS
-
$60,116
PROVIDE SCHOLARSHIPS
-
$56,545
PROVIDE SCHOLARSHIPS
-
$56,190
PROVIDE SCHOLARSHIPS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433029349301303
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.