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    State University of Iowa Foundation

    ActiveEducation
    IOWA CITY, IAWebsite3193353305

    About State University of Iowa Foundation

    Our mission is to advance the University of Iowa through engagement and philanthropy.

    Focus Areas

    Higher educationStudent support and scholarshipsResearch and innovationHealth and medical-related programsArts and cultureAlumni engagement and community programsAthletics

    About State University of Iowa Foundation

    The State University of Iowa Foundation’s largest recent grants all went to State University of Iowa in Iowa City, including awards of $163,602,708 in 2024 and $162,708,366 in 2025. That pattern points to a funder built around advancing the University of Iowa rather than a broad external grantmaker. Its stated mission is to advance the University of Iowa through engagement and philanthropy, and its listed focus areas center on higher education, student support and scholarships, research and innovation, health and medical-related programs, arts and culture, alumni engagement and community programs, and athletics. The foundation also operates named grant programs such as Grant Opportunities and Community Grants, both tied to education, research support, student support, and community engagement. Recent awards show very large-scale support for the university itself, with another $150,613,558 grant in 2024 and $119,874,776 in 2023 to State University of Iowa in Iowa City. The structure and naming suggest a university-affiliated funder whose grantmaking is closely connected to campus priorities and nearby community benefits.

    What State University of Iowa Foundation Funds

    Education and student support sit at the center of the foundation’s activity. Through its Grant Opportunities program, it supports education, research support, student support, and community engagement in Iowa and the United States. Community-facing work appears in Community Grants, which is described as supporting nonprofit initiatives that benefit local communities in Iowa. The foundation also references Fellowships, a program associated with scholarships, research support, and professional development for students, alumni, or affiliates. Beyond those program labels, the foundation’s listed focus areas also include research and innovation, health and medical-related programs, arts and culture, alumni engagement and community programs, and athletics, showing a university-centered grant portfolio that reaches across academic and campus life.

    How State University of Iowa Foundation Gives

    Grant size is unusually large: the typical grant size distribution is $135,244,167 at the 25th percentile, $150,613,558 at the median, and $157,108,133 at the 75th percentile. The recent record also shows repeated awards over multiple years, with grants in 2023, 2024, and 2025, all to the same recipient. This is a Regular Funder, and it does not fund individuals or program-related investments. The active grant programs listed are not open to unsolicited applications, including Grant Opportunities, Community Grants, and Fellowships, which points to a structured, invitation-based or internally managed process rather than an open call.

    Financial Snapshot

    Annual Giving

    $162.7M

    Total Assets

    $2.3B

    Total Revenue

    $202.5M

    Total Expenses

    $211.6M

    Typical Grant Size

    Most grants fall between $135.2M and $157.1M, with a median of $150.6M.

    25th Percentile

    $135.2M

    Median

    $150.6M

    75th Percentile

    $157.1M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in IA.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    LYNETTE L MARSHALL

    Accepts unsolicited proposals

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    Where State University of Iowa Foundation Makes Grants

    Giving is local and fully concentrated in Iowa: 100% of grants in the recent record went to recipients in the foundation’s HQ state. The top recipient city appearing in the grants list is Iowa City, with grants to State University of Iowa located there in 2023, 2024, and 2025. The active programs also specify Iowa or Iowa and the United States as their geographic scope, reinforcing that the foundation’s grantmaking stays tied to the university and nearby communities rather than spreading across multiple states or countries.

    Frequently Asked Questions About State University of Iowa Foundation

    What kinds of organizations or programs does State University of Iowa Foundation support?

    Its listed focus areas include higher education, student support and scholarships, research and innovation, health and medical-related programs, arts and culture, alumni engagement and community programs, and athletics. Its active programs also emphasize education, research support, student support, and community engagement.

    Does State University of Iowa Foundation accept unsolicited applications?

    The active programs listed here do not accept unsolicited applications. That includes Grant Opportunities, Community Grants, and Fellowships. The University of Iowa Family Spirit Award is marked as accepting unsolicited entries.

    How large are the foundation’s grants?

    The typical grant size is very large: $135,244,167 at the 25th percentile, $150,613,558 at the median, and $157,108,133 at the 75th percentile. Recent grants also include awards above $119 million and above $160 million.

    Where does the foundation give?

    Its grantmaking is local, and 100% of grants in the recent record went to recipients in Iowa. The recent grants list shows multiple awards to State University of Iowa in Iowa City.

    Does the foundation make repeated grants to the same recipient?

    Yes. The recent grants list shows repeated awards to State University of Iowa across 2023, 2024, and 2025, including grants of $119,874,776, $150,613,558, $163,602,708, and $162,708,366.

    Latest 990 Filing

    2025

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

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    STATE UNIVERSITY OF IOWAIOWA CITY, IA$162,708,3662025SEE PART IV
    State University of IowaIowa City, IA$163,602,7082024See Part IV
    STATE UNIVERSITY OF IOWAIOWA CITY, IA$150,613,5582024SEE PART IV
    STATE UNIVERSITY OF IOWAIOWA CITY, IA$119,874,7762023SEE PART IV

    STATE UNIVERSITY OF IOWA

    $162,708,366
    IOWA CITY, IA2025

    SEE PART IV

    State University of Iowa

    $163,602,708
    Iowa City, IA2024

    See Part IV

    STATE UNIVERSITY OF IOWA

    $150,613,558
    IOWA CITY, IA2024

    SEE PART IV

    STATE UNIVERSITY OF IOWA

    $119,874,776
    IOWA CITY, IA2023

    SEE PART IV