Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 109,169,558 | 110,648,450 | 134,251,208 | 154,869,675 | 132,762,336 | 641,701,227 |
| 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 | 109,169,558 | 110,648,450 | 134,251,208 | 154,869,675 | 132,762,336 | 641,701,227 |
| 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).. | 66,456,016 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 575,245,211 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 109,169,558 | 110,648,450 | 134,251,208 | 154,869,675 | 132,762,336 | 641,701,227 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 3,517,370 | 3,923,358 | 4,388,733 | 5,016,315 | 4,884,356 | 21,730,132 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 13,291,401 | 13,711,539 | 17,175,248 | 18,264,240 | 15,259,923 | 77,702,351 |
| 11 | Total support. Add lines 7 through 10 | 741,740,461 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (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.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (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 VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 | THE STATE UNIVERSITY OF IOWA FOUNDATION WAS ESTABLISHED TO RAISE PRIVATE GIFT SUPPORT ON BEHALF OF THE UNIVERSITY OF IOWA AND TO SERVE AS THE UNIVERSITY'S PRIMARY FUNDRAISING ORGANIZATION. ON DECEMBER 31, 2017, THE UNIVERSITY OF IOWA ALUMNI ASSOCIATION MERGED INTO THE STATE UNIVERSITY OF IOWA FOUNDATION AND BEGAN DOING BUSINESS AS THE UNVERSITY OF IOWA CENTER FOR ADVANCEMENT. OUR REVISED MISSION STATEMENT IS: THROUGH ENGAGEMENT AND PHILANTHROPY, PROMOTE THE UNIVERSITY OF IOWA'S COMMITMENT TO EXCELLENCE. |
| FORM 990, PART III, LINE 1, BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION | THE STATE UNIVERSITY OF IOWA FOUNDATION WAS ESTABLISHED TO RAISE PRIVATE GIFT SUPPORT ON BEHALF OF THE UNIVERSITY OF IOWA AND TO SERVE AS THE UNIVERSITY'S PRIMARY FUNDRAISING ORGANIZATION. ON DECEMBER 31, 2017, THE STATE UNIVERSITY OF IOWA FOUNDATION MERGED WITH THE UNIVERSITY OF IOWA ALUMNI ASSOCIATION TO FORM THE UNVERSITY OF IOWA CENTER FOR ADVANCEMENT. OUR REVISED MISSION STATEMENT IS: THROUGH ENGAGEMENT AND PHILANTHROPY, PROMOTE THE UNIVERSITY OF IOWA'S COMMITMENT TO EXCELLENCE. |
| FORM 990, PART III, LINE 2 | NEW PROGRAM SERVICES STARTED ON JANUARY 1, 2018 DUE TO MERGER WITH UNIVERSITY OF IOWA ALUMNI ASSOCIATION ARE ALUMNI AND DONOR ENGAGEMENT THROUGH COMMUNICATIONS, PROGRAMS, AND EVENTS. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD OF DIRECTORS OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA) THROUGH ITS BYLAWS, DELEGATES AUTHORITY TO ACT ON ITS BEHALF TO AN EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS AND EXERCISES ALL OF THE POWERS OF THE BOARD BETWEEN MEETINGS OF THE BOARD TO THE EXTENT PERMITTED BY LAW. REPORTS OF THE ACTION OF THE EXECUTIVE COMMITTEE ARE SUBMITTED TO THE BOARD AT ITS NEXT MEETING FOLLOWING THE ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD AND NOT FEWER THAN THREE OR MORE THAN NINE MEMBERS OF THE BOARD APPOINTED BY THE BOARD AT IT ANNUAL MEETING. THE PRESIDENT OF THE STATE UNIVERSITY OF IOWA IS AN EX OFFICIO MEMBER WITH VOTING POWER. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 4 | ON DECEMBER 31, 2017, THE UNIVERSITY OF IOWA ALUMNI ASSOCIATION MERGED INTO THE STATE UNIVERSITY OF IOWA FOUNDATION AND BEGAN DOING BUSINESS AS THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT. THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BY-LAWS WERE CHANGED TO REFLECT THIS MERGER. THE REVISED BY-LAWS ELIMINATED THE NOMINATING COMMITEE AND MODIFIED THE DEVELOPMENT COMMITTEE TO BECOME THE DEVELOPMENT AND ALUMNI ENGAGEMENT COMMITTEE. IN ADDITION, AN ALUMNI LEADERSHIP COUNCIL WAS ESTABLISHED TO SERVE AS AN ADVISORY COUNCIL TO THE DEVELOPMENT AND ALUMNI ENGAGEMENT COMMITTEE. AN AMENDMENT TO THE BY-LAWS WAS ADOPTED ON APRIL 27, 2018. THE AMENDMENT PROVIDES THAT THERE ARE NO TERM LIMITS FOR DIRECTORS ELECTED ON THE BOARD PRIOR TO DECEMBER 31, 2017; ALLOWING THESE DIRECTORS ELIGIBILITY FOR SUCCESSIVE TERMS. BEGINNING JANUARY 1, 2018, NEWLY ELECTED BOARD DIRECTORS ARE ELIGIBLE TO SERVE UP TO A MAXIMUM OF FOUR TERMS WHICH MAY BE SERVED EITHER CONSECUTIVELY OR NONCONSECUTIVELY. IF A DIRECTOR SUBJECT TO TERM LIMITS IS SERVING AS CHAIR IN HIS/HER LAST ELIGIBLE TERM, THE TERM LIMIT MAXIMUM SHALL BE WAIVED TO ALLOW SUCH DIRECTOR TO SERVE A FIFTH TERM IN ORDER TO FULFILL HIS/HER ROLE AND RESPONSIBILITIES AS IMMEDIATE PAST CHAIR. IN ADDITION, THE AMENDMENT CHANGES THE ELIGIBILITY FOR BOARD DIRECTORS TO BE ELECTED AS LIFETIME HONORARY DIRECTORS TO THE CRITERIA OUTLINED IN THE BOARD OF DIRECTORS ORGANIZATION GUIDELINES.. |
| FORM 990, PART VI, SECTION B, LINE 11B | A SUBCOMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A DETAILED REVIEW OF THE FORM 990. FOLLOWING THE DETAILED REVIEW, THE FINAL FORM 990 IS POSTED ON THE BOARD WEBSITE AND ALL BOARD MEMBERS ARE NOTIFIED TO ACCESS THE WEBSITE AND REVIEW THE FORM PRIOR TO THE FILING DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS, BOARD COMMITTEE MEMBERS, AND OFFICERS (RESPONSIBLE PERSONS) OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA) HAVE A DUTY TO CONDUCT ACTIVITIES OF THE UICA WITH THE HIGHEST ETHICAL STANDARDS AND TO MAKE DECISIONS CONCERNING THE UICA SOLELY TO ADVANCE ITS MISSION AND INTERESTS. THIS CONFLICT OF INTEREST POLICY IS TO ASSIST THE UICA AND RESPONSIBLE PERSONS IN IDENTIFYING SITUATIONS THAT PRESENT POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND TO SPECIFY PROCEDURES FOR MANAGING THEM. REPORTING PROCEDURES: EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE AND SUBMIT A STATEMENT SETTING FORTH ANY AND ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST THAT ARE ANTICIPATED TO OCCUR IN THE COMING FISCAL YEAR. THE ANNUAL STATEMENT WILL BE INITIALLY REVIEWED BY THE CHAIR OF THE BOARD. IN ADDITION TO THE ANNUAL DISCLOSURE STATEMENT, UPON BECOMING AWARE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST NOT PREVIOUSLY DISCLOSED, A RESPONSIBLE PERSON MUST PROMPTLY REPORT IN WRITING TO THE CHAIR OF THE BOARD. THE CHAIR'S ANNUAL STATEMENT AND SUPPLEMENTAL REPORTS, IF ANY, SHALL BE REVIEWED BY THE EXECUTIVE COMMITTEE. DETERMINATION OF THE CONFLICT: THE EXECUTIVE COMMITTEE, WITHOUT THE AFFECTED RESPONSIBLE PERSON PRESENT, SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE MATERIAL FACTS OF THE RESPONSIBLE PERSON;S CONFLICTS OF INTEREST WILL BE DISCLOSED TO THE BOARD OF DIRECTORS. ACTION AND RECUSAL: THE BOARD SHALL DETERMINE WHETHER IT IS IN THE BEST INTEREST OF THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT IN PERFORMING ITS MISSION. THE AUTHORIZATION, APPROVAL, AND/OR RATIFICATION MUST BE ACCOMPLISHED BY AN AFFIRMATIVE VOTE, AS APPLICABLE, OF A MAJORITY OF THE DIRECTORS ON THE BOARD WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE ARRANGEMENT/TRANSACTION. IT MAY NOT BE MADE BY A SINGLE DIRECTOR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SHALL SERVE AS A COMPENSATION COMMITTEE IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT AND CEO, THE EXECUTIVE VICE PRESIDENT, COO, CFO AND TREASURER, OTHER BOARD ELECTED OFFICIALS, AND KEY EMPLOYEES (COLLECTIVELY REFERRED TO AS DISQUALIFIED PERSONS). THE EXECUTIVE COMMITTEE SHALL PERFORM THE FOLLOWING RESPONSIBILITIES: (1) ESTABLISH PERFORMANCE CRITERIA, SET TERMS OF EMPLOYMENT, AND ESTABLISH TOTAL COMPENSATION ARRANGEMENT FOR THE PRESIDENT AND CEO. (2) IDENTIFY, WITH THE ASSISTANCE OF THE PRESIDENT, OTHER DISQUALIFIED PERSONS. (3) REVIEW AND APPROVE RECOMMENDATIONS OF THE PRESIDENT OF THE TERMS OF EMPLOYMENT AND TOTAL COMPENSATION OF ALL DISQUALIFIED PERSONS. THE EXECUTIVE COMMITTEE SHALL REGULARLY OBTAIN, REVIEW AND CONSIDER RELEVANT COMPARATIVE DATA OF COMPENSATION AND BENEFIT LEVELS PAID/PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS. THE STATE UNIVERSITY OF IOWA FOUNDATION ANNUALLY PERFORMS A COMPENSATION REVIEW FOR ALL OFFICERS, KEY EMPLOYEES, AND FIVE HIGHEST PAID EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST; INSTRUCTIONS FOR DOING SO ARE INCLUDED ON THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT WEBSITE (WWW.FORIOWA.ORG). |
| FORM 990, PART VI, SECTION B, LINE 10A | RECOGNIZED IOWA CLUBS SERVE AS AN EXTENDING ARM FROM THE UNIVERSITY TO ITS ALUMNI AND FRIENDS IN DEFINED CLUB AREAS. IOWA CLUBS STREGTHEN THE UNIVERSITY OF IOWA AND PROVIDE A NETWORK FOR ALUMNI THROUGH THE PLANNING AND IMPLEMENTATION OF A VARIETY OF SOCIAL, EDUCATIONAL, AND CULTURAL PROGRAMS. THE RECOGNIZED IOWA CLUB PROGRAM CATEGORIZES THREE ORGANIZATIONAL LEVELS OF CLUBS BASED UPON TYPES OF ACTIVITIES AND AMOUNT OF REVENUE GENERATED. RECOGNIZED IOWA CLUBS ANNUALLY COMPLETE SPECIFIC COMPLIANCE STANDARDS TO MAINTAIN THEIR RECOGNITION STATUS AND TO ACCESS CORRESPONDING CLUB RESOURCES PROVIDED BY THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT (UICA). EACH YEAR IOWA CLUBS COMPLETE A "REPORT AND CERTIFICATION" DOCUMENT TO INFORM THE UICA ABOUT ITS QUALIFYING ACTIVITIES AND COMPLIANCE. GENERAL GUIDELINES FOR TAX COMPLIANCE REPORTING ARE ALSO INCLUDED IN THIS HANDBOOK TO ADVISE CLUB VOLUNTEERS ABOUT REPORTING REQUIREMENTS. |
| FORM 990, PART XI, LINE 9: | CHANGES IN NET ASSETS OF UNIVERSITY OF IOWA FACILITIES CORPORATION 57,180. CONTRIBUTION OF THE UNIVERSITY OF IOWA ALUMNI ASSOCIATION 6,802,610. |
| Software ID: | |
| Software Version: |