Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 07-01-2010 and ending 06-30-2011
BCheck if applicable:
CName of organization
Iowa State University Foundation
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
2505 University Boulevard PO Box
2230
Room/suite
City or town, state or country, and ZIP + 4
Ames, IA500102230
D Employer identification number

42-1143702
E Telephone number

G Gross receipts $ 436,492,213
F Name and address of principal officer:
Daniel Saftig
2505 University Boulevard PO Box
2230
Ames,IA500102230
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.foundation.iastate.edu
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1980
M State of legal domicile: IA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: To secure & steward private gifts that support Iowa State University.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 17
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 17
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 918
6 Total number of volunteers (estimate if necessary) .... 6 150
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a -167,114
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b -102,880
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 65,391,531 73,091,607
9 Program service revenue (Part VIII, line 2g) ......... 0 0
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 3,570,342 11,753,003
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 1,845,252 3,141,865
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 70,807,125 87,986,475
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 45,213,755 50,876,395
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 8,357,533 9,226,412
16a Professional fundraising fees (Part IX, column (A), line 11e).... 29,354 30,432
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet9,296,248    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 5,261,808 5,946,026
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 58,862,450 66,079,265
19 Revenue less expenses. Subtract line 18 from line 12...... 11,944,675 21,907,210
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 635,414,987 738,383,234
21 Total liabilities (Part X, line 26)............ 31,091,951 34,694,236
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 604,323,036 703,688,998
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: To inspire philanthropy to advance Iowa State University's mission of "Creating, sharing & applying knowledge to make Iowa and the world a better place." See Schedule O.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 16,112,020 including grants of $ 16,112,020 ) (Revenue $   )
Student Support:Iowa State undergraduate and graduate students received more than $16 million in scholarships, fellowships, loans and awards from private gift support. Students received both merit- and need-based scholarship support across all programs of the University. As tuition and debt loads for students continue to increase, private gift support becomes more critical to ensuring that all willing students are able to explore their education. In 2011, more than 4,400 students received scholarships as a result of private gift support. See further description at Schedule O.
4b (Code:   ) (Expenses $ 19,041,891 including grants of $ 19,041,891 ) (Revenue $   )
Faculty Support:By providing more than $19 million, Iowa State University Foundation was able to provide University faculty and staff with 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 world-class faculty which ultimately attracts the best and brightest students. See further description at Schedule O.
4c (Code:   ) (Expenses $ 14,602,035 including grants of $ 14,602,035 ) (Revenue $   )
Facilities:Iowa State University Foundation provided more than $14 million to Iowa State University in support of new building construction, expansion and renovation, plus various equipment needs. By providing state-of-the-art facilities, the University is able to attract high quality faculty and students, and create physical space and environments that will allow them to grow and excel within their arenas of teaching, learning and research. See Schedule O.
(Code:   ) (Expenses $ 3,368,201 including grants of $ 1,120,449 ) (Revenue $   )
Other program services includes (1) Gifts-in-kind of $1,120,449 and (2) Annuity payment and actuarial valuation of $2,247,752, totaling $3,368,201.
4d Other program services. (Describe in Schedule O.)
(Expenses $ 3,368,201 including grants of $ 1,120,449 ) (Revenue $   )
4e Total program service expensesMediumBullet$ 53,124,147
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part IClick to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II.......... Click to see attachment
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III................... Click to see attachment
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule MClick to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I........................... Click to see attachment
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
Yes
 
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
73
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
918
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletCJ , VI
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
17
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
17
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
Yes
 
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
Yes
 
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
No
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AZ , ME , NJ , WA , CA , MD , NY , WV , DC , MA , OH , WI , HI , MI , OK , IL , MN , OR , IA , NE , SC , KY , NH , UT
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
Lisa Eslinger
2505 University Boulevard
Ames,IA500102230
(515) 294-4607
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Lloyd Bettis
Director
 1.00 X           0 0 0
(2) Lyle Campbell
Director
 1.00 X           0 0 0
(3) Mike Dubes
Director
 1.00 X           0 0 0
(4) Jim Frein
Director
 2.00 X           0 0 0
(5) Greg Geoffroy
Director
 1.00 X           0 0 0
(6) Cara Heiden
Director
 2.00 X           0 0 0
(7) Rudy Herrmann
Director
 1.00 X           0 0 0
(8) Sharon Juon
Director
 1.00 X           0 0 0
(9) Dan Krieger
Director
 1.00 X           0 0 0
(10) Frankee Oleson
Director
 1.00 X           0 0 0
(11) Sheryl Sunderman
Director
 1.00 X           0 0 0
(12) Roger Underwood
Director
 2.00 X           0 0 0
(13) Stephen Watson
Director
 1.00 X           0 0 0
(14) Steve Schuler
Chair
 5.00 X   X       0 0 0
(15) James Stein
Treasurer
 2.00 X   X       0 0 0
(16) Len Rodman
Secretary
 1.00 X   X       0 0 0
(17) Marla Franklin
Vice Chair
 2.00 X   X       0 0 0
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) Daniel Saftig
President
 40.00     X       280,751 0 106,936
(19) Lisa Eslinger
Sr. VP of Finance & Ops
 40.00     X       175,934 0 41,180
(20) Larissa Holtmyer Jones
VP for Development
 40.00       X     169,324 0 42,536
(21) Orrin Bundy
VP for Development
 40.00       X     159,468 0 31,393
(22) Lynda Jacobson
Asst VP Gift Planning
 40.00         X   119,866 0 29,960
(23) John Glover
Executive Director of Development
 40.00         X   105,766 0 28,935
(24) Stephen Biever
Asst VP for Development
 40.00         X   98,169 0 33,345
(25) Rosa Unal
Asst VP for Information Technology
 40.00         X   98,817 0 33,076
(26) Michael Wahlin
Asst VP and Controller
 40.00         X   99,284 0 33,112








1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 1,011,109 0 280,940
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet6
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
IT Services University Info Systems ISU
2nd Floor ASB
Ames,IA500113601 		IT Services 175,810
Belin McCormick PC
666 Walnut Street Suite 2000
Des Moines,IA50309 		Professional Service 131,349
Deloitte & Touche
1200 Two Ruan Center 601 Locust St
Des Moines,IA50309 		Professional Service 131,110
Centerbeam Inc
310 Rio Robles Drive
San Jose,CA95134 		IT Services 110,580
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet4
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		73,091,607
g Noncash contributions included in lines 1a-1f:$ 16,838,782
h Total. Add lines 1a-1f.......MediumBullet 73,091,607
Program Service Revenue Business Code
2a
b
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet  
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 4,131,696     4,131,696
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet 14,126     14,126
(i) Real (ii) Personal
6a Gross Rents 329,882  
b Less: rental expenses    
c Rental income or (loss) 329,882  
d Net rental income or (loss).......MediumBullet 329,882     329,882
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 351,927,072 4,199,973
b Less: cost or other basis and sales expenses 344,942,146 3,563,592
c Gain or (loss) 6,984,926 636,381
d Net gain or (loss)..........MediumBullet 7,621,307     7,621,307
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a Administrative fee 541,900 2,909,387     2,909,387
b Miscellaneous income 611,710 55,584     55,584
c Partnership income 525,990 -167,114   -167,114  
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 2,797,857
12 Total revenue. See Instructions....MediumBullet 87,986,475 0 -167,114 15,061,982
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 50,876,395 50,876,395
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 955,849   229,436 726,413
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 6,414,535   1,162,864 5,251,671
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 525,500   106,711 418,789
9 Other employee benefits ....... 919,425   257,747 661,678
10 Payroll taxes ........... 411,103   86,700 324,403
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 115,914   96,257 19,657
c Accounting ........... 162,355   162,355  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17.. 30,432 30,432
f Investment management fees ......        
g Other .......... 378,130   232,073 146,057
12 Advertising and promotion .... 85,929     85,929
13 Office expenses ....... 788,475   393,279 395,196
14 Information technology ...... 578,504   179,348 399,156
15 Royalties ..        
16 Occupancy ........... 193,671   193,671  
17 Travel ............ 593,771   82,592 511,179
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 368,350   42,862 325,488
20 Interest ........... 134,042   134,042  
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 188,405   188,405  
23 Insurance .............. 84,111   84,111  
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a Annuity payments/actuar 2,247,752 2,247,752 0 0
b Miscellaneous expenses 26,617 0 26,417 200
c   0 0 0 0
d   0 0 0 0
e   0 0 0 0
f All other expenses        
25 Total functional expenses. Add lines 1 through 24f 66,079,265 53,124,147 3,658,870 9,296,248
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ..........   1  
2 Savings and temporary cash investments ....... 9,044,903 2 12,269,616
3 Pledges and grants receivable, net ......... 81,190,764 3 82,566,175
4 Accounts receivable, net .........   4  
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net ............. 2,098,844 7 2,147,995
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............   9  
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 14,523,581
b Less: accumulated depreciation. ..... 10b 3,292,898 11,126,874 10c 11,230,683
11 Investments—publicly traded securities .......... 357,844,658 11 436,539,276
12 Investments—other securities. See Part IV, line 11 ...... 149,419,053 12 167,972,482
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 24,689,891 15 25,657,007
16 Total assets. Add lines 1 through 15 (must equal line 34)... 635,414,987 16 738,383,234
Liabilities 17 Accounts payable and accrued expenses . 1,572,786 17 968,603
18 Grants payable ..........   18  
19 Deferred revenue ..........   19  
20 Tax-exempt bond liabilities .......... 2,862,310 20 2,772,686
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 1,461,842 23 1,745,910
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 25,195,013 25 29,207,037
26 Total liabilities. Add lines 17 through 25..... 31,091,951 26 34,694,236
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 15,937,771 27 20,170,670
28 Temporarily restricted net assets ..... 189,077,487 28 205,795,585
29 Permanently restricted net assets ..... 399,307,778 29 477,722,743
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 604,323,036 33 703,688,998
34 Total liabilities and net assets/fund balances ..... 635,414,987 34 738,383,234
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
87,986,475
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
66,079,265
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
21,907,210
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
604,323,036
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
77,458,752
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
703,688,998
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 70,649,995 104,207,225 76,047,949 65,391,531 73,091,607 389,388,307
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3.. 70,649,995 104,207,225 76,047,949 65,391,531 73,091,607 389,388,307
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..           13,009,606
6 Public Support. Subtract line 5 from line 4.           376,378,701
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4.. 70,649,995 104,207,225 76,047,949 65,391,531 73,091,607 389,388,307
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 9,712,279 10,809,958 13,711,277 5,009,524 4,475,704 43,718,742
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets.. 2,259,819 1,945,257 1,881,365 2,333,349 2,964,971 11,384,761
11 Total support (Add lines 7 through 10).           444,491,810
12
12
11,251,408
13
Section C. Computation of Public Support Percentage
14
14
84.680 %
15
15
82.850 %
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
Schedule A, Part IV, Supplemental Information: Schedul A, Part II, Line 10, Explanation for Other Income: Miscellaneous Income Administration Fee
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
Iowa State University Foundation
  		Employer identification number

42-1143702
Part I
Contributors (see Instructions)
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
Iowa State University Foundation
  		Employer identification number

42-1143702
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
Iowa State University Foundation
  		Employer identification number

42-1143702
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 399,307,777 358,360,551 434,432,841
b Contributions ........ 22,045,531 13,533,880 20,828,512
c Investment earnings or losses ... 80,454,976 50,384,450 -74,977,661
d Grants or scholarships ..... 5,659,435 5,601,400 5,543,199
e Other expenditures for facilities
and programs ........ 		10,827,993 10,685,921 10,204,649
f Administrative expenses .... 7,598,113 6,683,783 6,175,293
g End of year balance ...... 477,722,743 399,307,777 358,360,551
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet  
b
Permanent endowment: SchDMd Bullet100.000 %
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
Yes
 
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 8,167,667 960,000 9,127,667
b Buildings ................   2,679,901 797,174 1,882,727
c Leasehold improvements ............        
d Equipment ................   2,716,013 2,495,724 220,289
e Other .................        
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 11,230,683
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) Hedge Funds 		75,779,246 F

(B) Private Equity - Fund of Funds 		55,649,433 F

(C) Real Estate - Fund of Funds & RE 		9,986,551 F

(D) Equity - Alternative Structures 		18,534,623 F

(E) Natural Resources 		8,022,629 F




Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet 167,972,482
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  
Due to Related Organizations 8,065,995
Annuities Payable 21,141,042







Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet 29,207,037
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1  
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2  
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3  
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9  
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10  
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5  
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5  
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
Description of Intended Use of Endowment Funds: Part V, Line 4: The Iowa State University Foundation uses the earnings from the endowment funds based upon the donor intent of individual endowed accounts. These uses include college program support, student financial aid, faculty and staff support, research, building, equipment and maintenance, as well as other uses.
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE G
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,
or if the organization entered more than $15,000 on Form 990-EZ, line 6a.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
Marts & Lundy Inc
1200 Wall Street West
 
Lyndhurst, NJ07071 		Campaign Consultant   No 0 30,432 -30,432
Total .................right arrow   30,432 -30,432
3
List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TX, UT, VT, VA, WA, WV, TN, MA, MI, MN, MS, MO, MT, NE, WI, WY
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2010
Schedule G (Form 990 or 990-EZ) 2010
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.
(a) Event #1

 
(event type) 		(b) Event #2

 
(event type) 		(c) Other Events

  
(total number) 		(d) Total Events
(Add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . .        
2 Less: Charitable
contributions . . . 		       
3 Gross income (line 1
minus line 2) . . . 		       
VerticalDirectExpenses 4 Cash prizes . . .        
5 Non-cash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages . .        
8 Entertainment . . .        
9 Other direct expenses .        
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow  
11 Net income summary. Combine lines 3 and 10 in column (d)............ right arrow  
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (Add col. (a) through col. (c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," Explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," Explain:
 
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ...........................
Schedule G (Form 990 or 990-EZ) 2010
Schedule G (Form 990 or 990-EZ) 2010
Page 3
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Provide the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)
Identifier ReturnReference Explanation
Explanation of Fundraising Payments Schedule G, Part I, Line 2b, Column (v) Per the agreement established between the Iowa State University Foundation and Marts & Lundy, Marts & Lundy will not solicit funds or assets. Marts & Lundy does not engage in any fundraising activities for the Foundation, so fund raising expenses are not applicable to the firm. Any additional fees which are paid to the firm are designated as expense payments or reimbursement for out-of-pocket expenses.
Schedule G (Form 990 or 990-EZ) 2010
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number
42-1143702
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) Iowa State UniversityBeardshear Hall
Ames,IA50011 		42-6004224 115 49,755,946 1,120,449 FMV See Part IV. See Part IV.






















2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
1
3
Enter total number of other organizations ................................ . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance













Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grant funds are subject to the expenditure and disbursement policies of Iowa State University and the ISU Foundation, including allowability, appropriateness (business purpose, adequate documentation, and proper approvals), and donor intent. The ISU Foundation provides further monitoring of the use of grant funds through its Donor Compliance Services Department. On a monthly basis, the expenditures are reviewed and internal testing of transactions is completed. The Donor Compliance Services Department strives to monitor the expenditures and balances of the various accounts, as well as develop strategies to ensure compliance with the donor gift agreements in place and other designations of donor intent as documented.
Other Information: Part IV: Part II, line 1, Columns (g) and (h): Name of Organization or Government: Iowa State University (g) Description of Non-cash Assistance: Publicly traded secrities, books, art, & other non-cash contributions (h) Purpose of Grant or Assistance: Grants are provided to Iowa State University in the form of student support (scholarships, fellowships, loans, awards), faculty and staff support (endowed faculty positions, research, professional development), program support (academic and out-of-classroom programs and campus organizations), and facilities support (building construction and renovation, equipment).
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) Daniel Saftig (i)
(ii)		 275,997
0 		0
0 		4,754
0 		80,300
0 		26,636
0 		387,687
0 		0
0
(2) Lisa Eslinger (i)
(ii)		 175,768
0 		0
0 		166
0 		18,117
0 		23,063
0 		217,114
0 		0
0
(3) Larissa Holtmyer Jones (i)
(ii)		 169,158
0 		0
0 		166
0 		17,690
0 		24,846
0 		211,860
0 		0
0
(4) Orrin Bundy (i)
(ii)		 159,279
0 		0
0 		189
0 		15,766
0 		15,627
0 		190,861
0 		0
0












Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
  Part I, Line 1a Charter travel was with the use of the University-owned plane. Travel for companions was provided for some fundraising events. These benefits are considered business expenses and therefore are not considered taxable income to the individuals.
  Part I, Line 4b Daniel Saftig participates in a 457(f) Plan.
Supplemental Information Part III Form 990, Schedule J, Page 2, Part II, Column (c) All employees participate in a retirement plan consisting of a 403(b) defined contribution plan. Daniel Saftig also participates in a 457(f) deferred compensation plan.
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
NonCash Contributions
Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of Contributions or items contributed 		(c)
Contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
contribution amounts
1 Art—Works of art .... X 8 36,231 Opinions of experts
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 90,542 Opinions of experts
5 Clothing and household
goods ....... 		X 12,012 Cost or selling price
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ... X 1 98,253 Opinions of experts
9 Securities—Publicly traded . X 143 10,568,910 Fair market value
10 Securities—Closely held stock . X 4 730,250 Fair market value
11 Securities—Partnership, LLC,
or trust interests .... 		X 2 1,050,822 Fair market value
12 Securities—Miscellaneous .. X 1 200,000 Fair market value
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial .. X 1 1,800,000 Sale of similar property
17 Real estate—Other ... X 2 1,236,000 Sale of similar property
18 Collectibles ..... X 1 900 Opinions of experts
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Bioresearch ) X 3 477,960 Replacements Cost
26 Other Right pointing arrow large image ( Landscaping ) X 2 100,301 Replacements Cost
27 Other Right pointing arrow large image ( Insurance Policies ) X 6 100,678 Sale of similar property
28 Other Right pointing arrow large image ( Miscellaneous ) X 46 335,923 Sale of similar property
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
3
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell non-cash
contributions? ............................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) 2010
Schedule M (Form 990) 2010
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33. Also complete this part for any additional information.
Identifier Return Reference Explanation
Third Party Use: Part I, Line 32b: The Iowa State University Foundation hires real estate companies or similar organizations to sell any real estate or property. Various stock gifts are sold through stock brokers where the ISU Foundation holds an account.
Schedule M (Form 990) 2010
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Identifier Return Reference Explanation
Description of Organization Mission: Form 990, Part III, Line I: Iowa State University 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 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 staff and volunteers with the tools and resources needed to achieve these goals. On July 1, 2003, ISU Foundation launched Campaign Iowa State: With Pride and Purpose, a comprehensive fundraising campaign with an $800 million goal which helped transform Iowa State University by providing support to students, faculty, programs and facilities. The campaign concluded June 30, 2011. At the end of the campaign on June 30, 2011, more than $867 million in gifts and commitments was received.
Program Service Accomplishments: Form 990, Part III, Line 4a: During the campaign, more than 800 new scholarships were created, and approximately 42,000 scholarship awards totaling $57 million were provided to Iowa State University students. Student support generated during the campaign was more than $262 million. This generous support from Iowa State benefactors is providing additional support for existing students and creating new opportunities for new and future students.
Program Service Accomplishments: Form 990, Part III, Line 4b: In an effort to increase support for Iowa State University faculty and staff, Iowa State designated an increase in endowed faculty positions (chairs, professorships and fellowships) to be a top campaign priority, with a goal of doubling these endowed positions (from 75 at the beginning of the campaign to 150 by its conclusion). The current number as of the end of the campaign was 158, surpassing the campaign goal. Since the campaign began, $182 million has been raised specifically for faculty and staff support with an additional $284 million for programmatic support. This support provides Iowa State faculty and staff with much needed resources to enhance programs and experiences for students and to continue vital research efforts.
Program Service Accomplishments: Form 990, Part III, Line 4c: During the campaign, over two dozen University building projects, most of which are completed or in progress, were funded in whole or in part by private gifts. They include Hach Hall (chemistry), Lloyd Veterinary Medical Center, Coover Hall Electrical and Computer Engineering addition, King Pavilion (design), Hixson-Lied Student Success Center, Alumni Center, Memorial Union renovations, Morrill Hall renovations, Sukup Basketball Complex, Seed Science Center addition, Jack Trice Stadium renovations, BioCentury Research Farm, Vondra Geology Field Station (Smith Lodge), Horticulture Greenhouse Complex, Biorenewables Complex, Curtiss Hall (agriculture and life sciences), Troxel Hall (classroom building), Agricultural Pavilion, Football Training Center, and Cyclone Sports Complex. Since the campaign began, $139 million has been raised specifically for buildings and equipment.
Form 990, Part VI, Section A, line 6   The members of the corporation shall be members as of the effective date of the current Amended and Restated Articles of Incorporation of the ISU Foundation. Upon nomination by the board governance committee, additional persons may be elected to serve as a member at any annual or special meeting of the corporation's members. Per the Articles, the affairs and business of the corporation shall be conducted by a board of directors.
Form 990, Part VI, Section A, line 7a   The board of directors is composed of up to nineteen directors allocated among four classes of directors. A) Class A directors shall be 12 in number, and shall be appointed from and by the members of the corporation upon nomination by the board of governance committee. Each Class A director shall serve a term of the greater of four years or until their successor is elected and qualified. Each Class A director may serve up to two (2) terms, which may be consecutive. B) Class B directors shall be no more than four (4) in number, and shall consist of those individuals who are members of the corporation who are not then currently serving as Class A directors, but who are nevertheless nominated by the Chair and selected by the Board to serve as a chair of one of the following committees of the board; (I) Audit Committee, (II) Development Committee (or Campaign Committee), (III) Finance Committee, and (IV) Investment Committee. Class B directors shall serve for the duration of their chairship. C) Class C shall be comprised of one (1) director who shall be the individual then serving as President or interim President of Iowa State University. The Class C director shall serve for the duration of his or her tenure as President or interim President of Iowa State University. D) Class D shall be comprised of no more than two (2) additional directors appointed by the Board of Directors at a regular or special meeting. Class D directors shall serve a term of the greater of the period selected by the Board of Directors upon such appointment or until their successor is elected and qualified. Appointment of Class D directors, if any, shall be within the discretion of the board.
Form 990, Part VI, Section A, line 7b   Each member of the corporation present shall be entitled to one vote on any question properly coming before the members at an annual or special meeting. While the affairs and business of the corporation are directed to and conducted by the board of directors, the members of the corporation shall be responsible for approval of Class A directors and any amendments to the Articles of Incorporation.
Form 990, Part VI, Section B, line 11   The information for Form 990 is prepared and compiled by the finance staff of the Iowa State University Foundation and provided to Deloitte Tax LLP. After inputting the data into their tax software, an initial draft of the Form 990 is provided to the Foundation for review by the Assistant Vice President and Controller, the Senior Vice President of Finance and Operations, and the President. After incorporating any changes and completing their review, Deloitte provides a final draft for presentation to the ISU Foundation audit committee for review and approval. After approval by the audit committee, the Form 990 is provided to the ISU Foundation Board of Directors for their review prior to filing. The Form 990 is then electronically filed with the IRS by Deloitte.
  Form 990, Part VI, Section B, line 12c The Iowa State University Foundation, on an annual basis, provides a copy of the conflict of interest policy to all responsible persons, including the Board of Directors, committee members, and all employees who influence the actions of the ISU Foundation. Responsible persons are asked to review the policy and disclose any conflicts of interest as outlined in the policy on an annual basis. Disclosed conflicts are reviewed by the audit committee and are handled on an individual basis. Completed disclosure forms are retained in the Foundation's permanent file.
  Form 990, Part VI, Section B, line 15 Any changes to compensation for the President of the Iowa State University Foundation is authorized by the executive committee of the Board of Directors, acting as the entity's compensation committee. The President's compensation is determined by the executive committee based upon the recommendation of the Chair. The Chair's recommendation is based on 1) Gathering information regarding compensation being paid to persons in comparable positions around the country (prepared by the Human Resources Administrator), 2) Soliciting a self-evaluation from the President, together with evaluations from anyone else the Chair deems appropriate, 3) Conducting a performance review with the President and establishing new objectives for the year, and 4) Evaluating with other members of the committee the performance in light of the objectives established at the beginning of the year. Compensation related to the senior leadership team is determined by the President of the Foundation, who is also advised by Board members in regards to qualification standards. Compensation information for the President and the Foundation leadership is shared with the Board of Directors.
  Form 990, Part VI, Section C, line 19 Copies of all of the ISU Foundation's governing documents and conflict of interest policy can be requested through the ISU Foundation office. The financial statements and tax returns for the past three years are also provided on the ISU Foundation's website.
Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 77,458,752.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Iowa State University Foundation
 
Employer identification number

42-1143702
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) The Original University Foundation

2505 University Boulevard

Ames,IA500102230
42-0861651 		Support ISU and ISU Foundation IA 501(c)(3) Line 11, Type I ISU Foundation
 
Yes
 
(2) Iowa State University Achievement Fund

2505 University Boulevard

Ames,IA500102230
42-6059969 		Support ISU and ISU Foundation IA 501(c)(3) Line 11, Type I ISU Foundation
 
Yes
 










For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Gateway Center Associates

2505 University Boulevard
Ames,IA50010
42-1068825 		Hotel oversight IA Gateway Center Holding Inc
  		Unrelated -1,772 67,592   No     No 1.250 %












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership
(1) Gateway Center Holdings Inc
PO Box 2230
Ames,IA500102230
42-1029851 		Hold Partnership Trust IA ISU Foundation
  		C -62,462 7,150,385 100.000 %
(2) ISUF Charitable Remainder Unitrust #0701609
PO Box 2230
Ames,IA500102230
52-6233536 		Trust IA N/A
 T   106,807 100.000 %
(3) ISUF Charitable Remainder Annuity Trust #0704609
PO Box 2230
Ames,IA500102230
42-6293735 		Trust IA N/A
 T 79,088   100.000 %
(4) ISUF Charitable Remainder Unitrust #0704909
PO Box 2230
Ames,IA500102230
23-7356657 		Trust IA N/A
 T   405,549 100.000 %
(5) ISUF Charitable Remainder Unitrust #0705609
PO Box 2230
Ames,IA500102230
52-1213987 		Trust IA N/A
 T   117,873 100.000 %
(6) ISUF Charitable Remainder Annuity Trust #0707309
PO Box 2230
Ames,IA500102230
42-1253743 		Trust IA N/A
 T   4,208 100.000 %
(7) ISUF Charitable Remainder Unitrust #0707409
PO Box 2230
Ames,IA500102230
42-1254309 		Trust IA N/A
 T   165,827 100.000 %
(8) ISUF Charitable Remainder Unitrust #0707909
PO Box 2230
Ames,IA500102230
42-6389345 		Trust IA N/A
 T 18,022   100.000 %
(9) ISUF Charitable Remainder Unitrust #0708209
PO Box 2230
Ames,IA500102230
42-6389343 		Trust IA N/A
 T   55,582 100.000 %
(10) ISUF Charitable Remainder Annuity Trust #0708309
PO Box 2230
Ames,IA500102230
42-1268112 		Trust IA N/A
 T   44,810 100.000 %
(11) ISUF Charitable Remainder Annuity Trust #0708509
PO Box 2230
Ames,IA500102230
42-1308151 		Trust IA N/A
 T   178,151 100.000 %
(12) ISUF Charitable Remainder Unitrust #0708809
PO Box 2230
Ames,IA500102230
42-1308152 		Trust IA N/A
 T   2,250 100.000 %
(13) ISUF Charitable Remainder Annuity Trust #0710309
PO Box 2230
Ames,IA500102230
42-1350938 		Trust IA N/A
 T   38,476 100.000 %
(14) ISUF Charitable Remainder Annuity Trust #0710409
PO Box 2230
Ames,IA500102230
42-1350940 		Trust IA N/A
 T   36,696 100.000 %
(15) ISUF Charitable Remainder Unitrust #0710809
PO Box 2230
Ames,IA500102230
42-1364089 		Trust IA N/A
 T   141,535 100.000 %
(16) ISUF Charitable Remainder Annuity Trust #1800011
PO Box 2230
Ames,IA500102230
42-6484762 		Trust IA N/A
 T   29,683 100.000 %
(17) ISUF Charitable Remainder Annuity Trust #1800012
PO Box 2230
Ames,IA500102230
42-6484761 		Trust IA N/A
 T   27,664 100.000 %
(18) ISUF Charitable Remainder Unitrust #1800033
PO Box 2230
Ames,IA500102230
42-6484921 		Trust IA N/A
 T   193,920 100.000 %
(19) ISUF Charitable Remainder Unitrust #1800034
PO Box 2230
Ames,IA500102230
42-6484917 		Trust IA N/A
 T   57,840 100.000 %
(20) ISUF Charitable Remainder Unitrust #1800040
PO Box 2230
Ames,IA500102230
42-6484760 		Trust IA N/A
 T   96,401 100.000 %
(21) ISUF Charitable Remainder Unitrust #1800044
PO Box 2230
Ames,IA500102230
42-6559153 		Trust IA N/A
 T   233,453 100.000 %
(22) ISUF Charitable Remainder Unitrust #1800061
PO Box 2230
Ames,IA500102230
42-1389466 		Trust IA N/A
 T   54,099 100.000 %
(23) ISUF Charitable Remainder Annuity Trust #1800091
PO Box 2230
Ames,IA500102230
42-6506835 		Trust IA N/A
 T   139,351 100.000 %
(24) ISUF Charitable Remainder Unitrust #1800096
PO Box 2230
Ames,IA500102230
42-6509836 		Trust IA N/A
 T   52,980 100.000 %
(25) ISUF Charitable Remainder Unitrust #1800198
PO Box 2230
Ames,IA500102230
42-1431103 		Trust IA N/A
 T   92,056 100.000 %
(26) ISUF Charitable Remainder Unitrust #1800203
PO Box 2230
Ames,IA500102230
39-6664785 		Trust IA N/A
 T   74,749 100.000 %
(27) ISUF Charitable Remainder Annuity Trust #1801006
PO Box 2230
Ames,IA500102230
42-6512343 		Trust IA N/A
 T   64,804 100.000 %
(28) ISUF Charitable Remainder Unitrust #1801007
PO Box 2230
Ames,IA500102230
42-1416106 		Trust IA N/A
 T   62,565 100.000 %
(29) ISUF Charitable Remainder Unitrust #1801014
PO Box 2230
Ames,IA500102230
42-6516754 		Trust IA N/A
 T   276,411 100.000 %
(30) ISUF Charitable Remainder Unitrust #1801019
PO Box 2230
Ames,IA500102230
42-6518170 		Trust IA N/A
 T   115,156 100.000 %
(31) ISUF Charitable Remainder Unitrust #0801035
PO Box 2230
Ames,IA500102230
42-6523105 		Trust IA N/A
 T   142,114 100.000 %
(32) ISUF Charitable Remainder Unitrust #1801036
PO Box 2230
Ames,IA500102230
42-6523106 		Trust IA N/A
 T   134,861 100.000 %
(33) ISUF Charitable Remainder Unitrust #1801037
PO Box 2230
Ames,IA500102230
42-6523108 		Trust IA N/A
 T   261,377 100.000 %
(34) ISUF Charitable Remainder Annuity Trust #1801038
PO Box 2230
Ames,IA500102230
42-6523113 		Trust IA N/A
 T   61,748 100.000 %
(35) ISUF Charitable Remainder Annuity Trust #1801047
PO Box 2230
Ames,IA500102230
42-6533189 		Trust IA N/A
 T 27,369   100.000 %
(36) ISUF Charitable Remainder Unitrust #1801054
PO Box 2230
Ames,IA500102230
42-6536151 		Trust IA N/A
 T   166,414 100.000 %
(37) ISUF Charitable Remainder Annuity Trust #1801055
PO Box 2230
Ames,IA500102230
42-6537746 		Trust IA N/A
 T   149,256 100.000 %
(38) ISUF Charitable Remainder Annuity Trust #1801056
PO Box 2230
Ames,IA500102230
42-1439917 		Trust IA N/A
 T   110,648 100.000 %
(39) ISUF Charitable Remainder Annuity Trust #1801081
PO Box 2230
Ames,IA500102230
42-6549967 		Trust IA N/A
 T   298,766 100.000 %
(40) ISUF Charitable Remainder Unitrust #1801082
PO Box 2230
Ames,IA500102230
42-6553335 		Trust IA N/A
 T   238,588 100.000 %
(41) ISUF Charitable Remainder Unitrust #1801083
PO Box 2230
Ames,IA500102230
42-6552070 		Trust IA N/A
 T   853,857 100.000 %
(42) ISUF Charitable Remainder Unitrust #1801085
PO Box 2230
Ames,IA500102230
42-6552077 		Trust IA N/A
 T   101,673 100.000 %
(43) ISUF Charitable Remainder Annuity Trust #1801088
PO Box 2230
Ames,IA500102230
42-1389560 		Trust IA N/A
 T   72,058 100.000 %
(44) ISUF Charitable Remainder Annuity Trust #1801089
PO Box 2230
Ames,IA500102230
42-6559154 		Trust IA N/A
 T   72,236 100.000 %
(45) ISUF Charitable Remainder Annuity Trust #1801090
PO Box 2230
Ames,IA500102230
42-6559155 		Trust IA N/A
 T   70,846 100.000 %
(46) ISUF Charitable Remainder Unitrust #1801094
PO Box 2230
Ames,IA500102230
42-6561630 		Trust IA N/A
 T   383,108 100.000 %
(47) ISUF Charitable Remainder Unitrust #1801095
PO Box 2230
Ames,IA500102230
42-6561631 		Trust IA N/A
 T   248,828 100.000 %
(48) ISUF Charitable Remainder Unitrust #1801098
PO Box 2230
Ames,IA500102230
42-6562408 		Trust IA N/A
 T   52,031 100.000 %
(49) ISUF Charitable Remainder Annuity Trust #1801100
PO Box 2230
Ames,IA500102230
39-6649195 		Trust IA N/A
 T   63,399 100.000 %
(50) ISUF Charitable Remainder Unitrust #1801101
PO Box 2230
Ames,IA500102230
39-6657199 		Trust IA N/A
 T 1,011,181   100.000 %
(51) ISUF Charitable Remainder Unitrust #1801102
PO Box 2230
Ames,IA500102230
39-6664779 		Trust IA N/A
 T   283,637 100.000 %
(52) ISUF Charitable Remainder Unitrust #1801110
PO Box 2230
Ames,IA500102230
42-6563194 		Trust IA N/A
 T   331,021 100.000 %
(53) ISUF Charitable Remainder Annuity Trust #1801119
PO Box 2230
Ames,IA500102230
42-6569404 		Trust IA N/A
 T   185,366 100.000 %
(54) ISUF Charitable Remainder Annuity Trust #2700011
PO Box 2230
Ames,IA500102230
39-6694353 		Trust IA N/A
 T 739,938   100.000 %
(55) ISUF Charitable Remainder Annuity Trust #2700044
PO Box 2230
Ames,IA500102230
42-6577754 		Trust IA N/A
 T   70,864 100.000 %
(56) ISUF Charitable Remainder Unitrust #2700128
PO Box 2230
Ames,IA500102230
42-6584634 		Trust IA N/A
 T   58,046 100.000 %
(57) ISUF Charitable Remainder Annuity Trust #2700133
PO Box 2230
Ames,IA500102230
42-6584638 		Trust IA N/A
 T   17,482 100.000 %
(58) ISUF Charitable Lead Trust #2700134
PO Box 2230
Ames,IA500102230
20-6105576 		Trust IA N/A
 T 55,526 288,972 100.000 %
(59) ISUF Charitable Remainder Unitrust #2700136
PO Box 2230
Ames,IA500102230
42-6584637 		Trust IA N/A
 T   110,839 100.000 %
(60) ISUF Charitable Remainder Annuity Trust #2700163
PO Box 2230
Ames,IA500102230
95-7077759 		Trust IA N/A
 T   5,721,581 100.000 %
(61) ISUF Charitable Remainder Unitrust #2700189
PO Box 2230
Ames,IA500102230
42-6498135 		Trust IA N/A
 T   42,749 51.000 %
(62) ISUF Charitable Remainder Unitrust #2700201
PO Box 2230
Ames,IA500102230
42-6608393 		Trust IA N/A
 T   60,057 100.000 %
(63) ISUF Charitable Remainder Annuity Trust #2700231
PO Box 2230
Ames,IA500102230
42-6590445 		Trust IA N/A
 T   6,555 100.000 %
(64) ISUF Charitable Remainder Annuity Trust #2700268
PO Box 2230
Ames,IA500102230
42-6594815 		Trust IA N/A
 T   196,267 100.000 %
(65) ISUF Charitable Remainder Unitrust #2700444
PO Box 2230
Ames,IA500102230
42-6608396 		Trust IA N/A
 T   57,384 55.000 %
(66) ISUF Charitable Remainder Annuity Trust #2700466
PO Box 2230
Ames,IA500102230
42-6587865 		Trust IA N/A
 T   85 100.000 %
(67) ISUF Charitable Remainder Unitrust #2700467
PO Box 2230
Ames,IA500102230
41-6448889 		Trust IA N/A
 T   356,833 100.000 %
(68) ISUF Charitable Remainder Unitrust #2700479
PO Box 2230
Ames,IA500102230
42-6608398 		Trust IA N/A
 T   50,611 100.000 %
(69) ISUF Charitable Remainder Unitrust #2700480
PO Box 2230
Ames,IA500102230
20-6105889 		Trust IA N/A
 T   338,857 51.000 %
(70) ISUF Charitable Remainder Unitrust #2700482
PO Box 2230
Ames,IA500102230
42-6610554 		Trust IA N/A
 T   45,499 100.000 %
(71) ISUF Charitable Remainder Unitrust #2700543
PO Box 2230
Ames,IA500102230
42-6610563 		Trust IA N/A
 T   105,180 100.000 %
(72) ISUF Charitable Remainder Unitrust #2700547
PO Box 2230
Ames,IA500102230
42-6615230 		Trust IA N/A
 T   84,820 100.000 %
(73) ISUF Charitable Remainder Unitrust #2700736
PO Box 2230
Ames,IA500102230
39-6766978 		Trust IA N/A
 T   94,681 100.000 %
(74) ISUF Charitable Remainder Annuity Trust #2700768
PO Box 2230
Ames,IA500102230
39-6767897 		Trust IA N/A
 T   398,593 100.000 %
(75) ISUF Charitable Remainder Unitrust #2700854
PO Box 2230
Ames,IA500102230
90-0065751 		Trust IA N/A
 T   101,316 100.000 %
(76) ISUF Charitable Remainder Unitrust #2700879
PO Box 2230
Ames,IA500102230
76-6185216 		Trust IA N/A
 T   91,710 100.000 %
(77) ISUF Charitable Remainder Unitrust #2701003
PO Box 2230
Ames,IA500102230
20-6021784 		Trust IA N/A
 T   100,078 100.000 %
(78) ISUF Charitable Remainder Unitrust #2701105
PO Box 2230
Ames,IA500102230
20-6105732 		Trust IA N/A
 T   346,496 100.000 %
(79) ISUF Charitable Remainder Unitrust #2701150
PO Box 2230
Ames,IA500102230
20-6189194 		Trust IA N/A
 T   71,363 100.000 %
(80) ISUF Charitable Remainder Annuity Trust #2701469
PO Box 2230
Ames,IA500102230
20-6788933 		Trust IA N/A
 T   737,620 100.000 %
(81) ISUF Charitable Remainder Annuity Trust #2701542
PO Box 2230
Ames,IA500102230
20-6788934 		Trust IA N/A
 T   2,769,421 51.000 %
(82) ISUF Charitable Remainder Unitrust #2701546
PO Box 2230
Ames,IA500102230
39-6786920 		Trust IA N/A
 T   867,510 60.000 %
(83) ISUF Charitable Remainder Unitrust #2701689
PO Box 2230
Ames,IA500102230
20-6779567 		Trust IA N/A
 T   479,129 100.000 %
(84) ISUF Charitable Remainder Unitrust #2701789
PO Box 2230
Ames,IA500102230
20-6956588 		Trust IA N/A
 T   224,029 100.000 %
(85) ISUF Charitable Remainder Unitrust #2701896
PO Box 2230
Ames,IA500102230
35-2288906 		Trust IA N/A
 T   56,331 100.000 %
(86) ISUF Charitable Remainder Unitrust #2702170
PO Box 2230
Ames,IA500102230
20-7540228 		Trust IA N/A
 T   270,793 66.000 %
(87) ISUF Charitable Remainder Annuity Trust #2702228
PO Box 2230
Ames,IA500102230
26-6132392 		Trust IA N/A
 T   80,672 100.000 %
(88) ISUF Charitable Remainder Unitrust #2702239
PO Box 2230
Ames,IA500102230
26-6133256 		Trust IA N/A
 T   49,750 100.000 %
(89) ISUF Charitable Remainder Unitrust #2702390
PO Box 2230
Ames,IA500102230
26-6751315 		Trust IA N/A
 T   130,552 51.000 %
(90) ISUF Charitable Remainder Annuity Trust #2702408
PO Box 2230
Ames,IA500102230
26-6531371 		Trust IA N/A
 T   101,120 100.000 %
(91) ISUF Charitable Remainder Unitrust #2703175
PO Box 2230
Ames,IA500102230
30-6274330 		Trust IA N/A
 T   2,083,738 100.000 %
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1)
(2)
(3)
(4)
(5)
(6)
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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