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    Iowa State University Foundation

    ActiveEducation
    AMES, IAWebsite5152944607

    About Iowa State University Foundation

    Charged with fundraising for Iowa State University by matching donors’ passions with university needs to support scholarships, faculty, facilities, research and student opportunities in service of the university's land‑grant ideals.

    Focus Areas

    Scholarships and student supportFaculty support and professorshipsResearchCapital projects and facilitiesStudent experiences (study abroad, internships)Veterinary and health-related programs

    Who They Fund

    undergraduate and graduate students (scholarship recipients)faculty and researchersuniversity departments and academic unitsindustry partners and regional economic stakeholders

    Funding Style

    About Iowa State University Foundation

    Iowa State University Foundation’s recent giving is defined by very large transfers to Iowa State University itself, including $165,625,651 in 2025, $119,331,142 in 2024, and $116,519,840 in 2023. That pattern shows a funder built to move major donor resources directly into the university’s priorities rather than to a broad external portfolio. The foundation’s stated role is to match donors’ passions with university needs in support of scholarships, faculty, facilities, research, and student opportunities tied to Iowa State’s land-grant mission. The foundation’s work touches multiple parts of campus life. Scholarships and student support sit alongside faculty support and professorships, research, capital projects, and student experiences such as study abroad and internships. It also supports veterinary and health-related programs. Its beneficiary base includes undergraduate and graduate students, faculty and researchers, university departments and academic units, and industry partners and regional economic stakeholders. Leadership is listed under Emily Hager, and the organization is classified as a regular funder.

    What Iowa State University Foundation Funds

    Scholarships and student support are one of the core areas in the foundation’s portfolio. That emphasis appears in its stated focus on undergraduate and graduate scholarship recipients, student support, and student experiences such as study abroad and internships. Faculty support is another clear theme. The foundation backs faculty support and professorships, with beneficiary types that include faculty and researchers, plus university departments and academic units. Research funding is also part of the model, along with commercialization. The topic taxonomy points to research funding and commercialization, while the existing focus areas connect that work to university priorities and land-grant ideals. Capital projects and facilities round out the picture. The foundation’s focus areas include capital projects and facilities, and its stated purpose links donor gifts to university needs across the campus environment.

    How Iowa State University Foundation Gives

    Typical grant size is unusually large: the 25th percentile is $117,925,491, the median is $119,331,142, and the 75th percentile is $142,478,396. Recent giving also shows repetition to the same recipient across consecutive years, with Iowa State University appearing in 2023, 2024, and 2025. The foundation is a regular funder, not a DAF, and it does not fund individuals or make program-related investments. The grantmaking pattern is structured around donor-aligned gifts for university priorities rather than open solicitation.

    Financial Snapshot

    Annual Giving

    $165.6M

    Total Assets

    $2B

    Total Revenue

    $143.2M

    Total Expenses

    $205.3M

    Typical Grant Size

    Most grants fall between $117.9M and $142.5M, with a median of $119.3M.

    25th Percentile

    $117.9M

    Median

    $119.3M

    75th Percentile

    $142.5M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in IA.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    EMILY HAGER

    Accepts unsolicited proposals

    Deep Analysis

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    Privacy PolicyTerms of ServiceSystem Status
    EIN: 42-1143702
    3 filings on record
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    donor-aligned givingstewardship and donor cultivationendowment and restricted gift buildingcapital campaign/major gifts

    Topics

    higher education advancementscholarships and student aidfaculty support and recruitment/retentionresearch funding and commercializationfacilities and capital projectsstudy abroad and international programseconomic development and industry partnerships

    Where Iowa State University Foundation Makes Grants

    Giving is entirely local and concentrated in Iowa. Every recorded grant in the recent sample went to a recipient in the United States, and 100% of grants were to recipients in the HQ state, Iowa. The recipient city that appears in the recent grants is Ames, with Iowa State University receiving the foundation’s largest three grants there across 2023, 2024, and 2025.

    Frequently Asked Questions About Iowa State University Foundation

    What does Iowa State University Foundation fund?

    It supports Iowa State University priorities, including scholarships and student support, faculty support and professorships, research, capital projects and facilities, student experiences such as study abroad and internships, and veterinary and health-related programs.

    Who receives grants from the foundation?

    The beneficiary groups named in the data include undergraduate and graduate students, faculty and researchers, university departments and academic units, and industry partners and regional economic stakeholders.

    How large are its typical grants?

    Its grants are very large. The 25th percentile is $117,925,491, the median is $119,331,142, and the 75th percentile is $142,478,396.

    Does the foundation give outside Iowa?

    The recorded grant distribution is local, with 100% of grants going to recipients in Iowa. The recent grants listed are all to Iowa State University in Ames, IA.

    Are grants recurring?

    Yes. Iowa State University appears in the recent grants list in 2023, 2024, and 2025, indicating repeated support over multiple years.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    IOWA STATE UNIVERSITYAMES, IA$165,625,6512025SEE PART IV
    IOWA STATE UNIVERSITYAMES, IA$119,331,1422024SEE PART IV
    IOWA STATE UNIVERSITYAMES, IA$116,519,8402023SEE PART IV

    IOWA STATE UNIVERSITY

    $165,625,651
    AMES, IA2025

    SEE PART IV

    IOWA STATE UNIVERSITY

    $119,331,142
    AMES, IA2024

    SEE PART IV

    IOWA STATE UNIVERSITY

    $116,519,840
    AMES, IA2023

    SEE PART IV