2015-02-13T11:15:47-06:00 2014-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2013-07-01 420796760 STATE UNIVERSITY OF IOWA FOUNDATION STAT 3193353305 PO BOX 4550 IOWA CITY IA 522444550 SHERRI P FURMAN VP, CFO & TREASURER 3193353305 2015-02-04 1 KAY HEGARTY P00091057 3192985333 2013 2016-02-25 16:41:14Z UNIVERSITY OF IOWA FOUNDATION LYNETTE L MARSHALL PO BOX 4550 IOWA CITY IA 52242 186294030 0 X WWW.UIFOUNDATION.ORG X 1956 IA SEE SCHEDULE O FOR MISSION STATEMENT 31 30 264 31 -1513217 -1513217 88710961 109169558 0 0 3771559 8407640 13081001 11778184 105563521 129355382 84614534 91107284 0 0 16904590 17516960 1200899 1128764 11784822 5331076 5426578 108051099 115179586 -2487578 14175796 1159074599 1287787033 123230607 134377182 1035843992 1153409851 X SEE SCHEDULE O FOR MISSION STATEMENT 0 0 92474989 91107284 13291401 GRANTS PROVIDE RESOURCES TO THE UNIVERSITY OF IOWA FOR STUDENT AND FACULTY SUPPORT, RESEARCH, CAPITAL PROJECTS AND PROGRAM SUPPORT 92474989 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 44 0 1 264 1 1 1 0 0 0 0 1 1 1 5 0 0 0 X 31 30 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA CO DC GA KY MA MD ME MI MN NH NJ NY OH OR PA SC TN UT WA WI WV X SHERRI FURMAN 3193353305 ONE WEST PARK ROAD PO BOX 4550 IOWA CITY IA 522444550 DALE E BAKER DIRECTOR 1.00 1.00 X 0 0 0 P SUE BECKWITH DIRECTOR 1.00 1.00 X 0 0 0 THOMAS R BUROKER DIRECTOR 1.00 1.00 X 0 0 0 JAMES W CARNEY DIRECTOR 1.00 1.00 X 0 0 0 ANDREW W CODE DIRECTOR 1.00 1.00 X 0 0 0 RALPH H CONGDON DIRECTOR 1.00 1.00 X 0 0 0 KATHLEEN A DORE DIRECTOR 1.00 1.00 X 0 0 0 JANICE R ELLIG DIRECTOR 1.00 1.00 X 0 0 0 DAVID J FISHER DIRECTOR 1.00 1.00 X 0 0 0 CASSANDRA S FOENS DIRECTOR 1.00 1.00 X 0 0 0 NOLDEN GENTRY DIRECTOR 1.00 1.00 X 0 0 0 KEVIN R GRUNEICH DIRECTOR 1.00 1.00 X 0 0 0 LEONARD A HADLEY DIRECTOR 1.00 1.00 X 0 0 0 THOMAS R HANSON VICE CHAIR/DIRECTOR 1.00 1.00 X X 0 0 0 DONALD W HEINEKING DIRECTOR 1.00 1.00 X 0 0 0 DAVID A HOAK DIRECTOR 1.00 1.00 X 0 0 0 CHARLES M KIERSCHT DIRECTOR 1.00 1.00 X 0 0 0 ROGER L LANDE DIRECTOR 1.00 1.00 X 0 0 0 CURTIS K LANE DIRECTOR 1.00 1.00 X 0 0 0 KATHERINE A PETERSEN LINDER DIRECTOR 1.00 1.00 X 0 0 0 CASEY D MAHON DIRECTOR 1.00 1.00 X 0 0 0 SALLY MASON DIRECTOR 1.00 2.00 X 0 0 0 JOHN PAPPAJOHN DIRECTOR 1.00 1.00 X 0 0 0 KAREN B POSSNER DIRECTOR 1.00 1.00 X 0 0 0 GARY F SEAMANS DIRECTOR 1.00 1.00 X 0 0 0 MARY JOY STEAD DIRECTOR 1.00 1.00 X 0 0 0 GREGS G THOMOPULOS DIRECTOR 1.00 1.00 X 0 0 0 NATHAN R TROSS DIRECTOR 1.00 1.00 X 0 0 0 ROBERT W VERHILLE DIRECTOR 1.00 1.00 X 0 0 0 NANCY B WILLIS DIRECTOR 1.00 1.00 X 0 0 0 CATHERINE ZAHARIS CHAIR/DIRECTOR 1.00 1.00 X X 0 0 0 LYNETTE L MARSHALL PRESIDENT 40.00 6.00 X 384728 0 55601 TIFFANI K SHAW VP/ASST SECRETARY 40.00 6.00 X 259231 0 44699 SHERRI P FURMAN CFO/TREASURER 40.00 11.00 X 158933 0 34323 DIANE K BROWNLEE SECRETARY 40.00 5.00 X 88004 0 12524 JACKIE LEWIS VP HEALTH SCIENCE DEV 40.00 X 203544 0 27965 DAVID TRIPLETT VP DEV RESOURCES 40.00 X 189094 0 35731 RICHARD WRETMAN VP MAIN CAMPUS DEV 40.00 X 181324 0 21670 DAVID DIERKS VICE PRESIDENT 40.00 X 181913 0 36210 TOM K DEPRENGER ASSOCIATE VP 40.00 X 150856 0 33680 CHAD FURLONG ASSOCIATE VP/CIO 40.00 X 147509 0 31111 KEVIN C COLLINS ASSISTANT VP 40.00 X 136217 0 32254 JIM BETHEA ASSISTANT VP 40.00 X 135144 0 26649 2216497 0 392417 24 0 1 0 RUFFALOCODY 65 KIRKWOOD N ROAD SW CEDAR RAPIDS IA 52406 TELEPHONE SOLICITATION 504778 FUND EVALUATION GROUP L PO BOX 71-5060 COLUMBUS OH 43271 FINANCIAL CONSULTANT 263461 DIFFERENTIATION STRATEGIES INC 3349 SOUTHGATE COURT SW CEDAR RAPIDS IA 52404 MARKETING CONSULTANTS 243694 TABLEAU SOFTWARE INC 837 NORTH 34 STREET STE 200 SEATTLE WA 98103 SOFTWARE CONSULTANTS 184039 TEKSYSTEMS PO BOX 198568 ATLANTA GA 30384 SOFTWARE CONSULTANTS 158981 6 109169558 7938314 109169558 3517370 3517370 61828918 56938648 4890270 4890270 4890270 FUNDRAISING REVENUE 900099 11985938 11985938 MGMT & SERVICE FEE INCOME 900099 1305463 1305463 INVESTMENT PARTNERSHIP 900099 -1513217 -1513217 11778184 129355382 13291401 -1513217 8407640 91107284 91107284 1777542 255209 765627 756706 12127158 558680 4723532 6844946 2316345 369820 757663 1188862 461403 69210 133807 258386 834512 114786 260135 459591 50075 50075 85275 85275 1128764 1128764 426452 392768 33684 494185 494185 668173 659815 8358 879652 879652 806584 806584 253921 253921 204288 204288 800171 800171 153994 153994 STAFF TRAINING & DEVELO 319879 221419 98460 POSTAGE/MAIL HANDLING 115974 6248 109726 PRINTING/PUBLICATIONS 104842 18722 86120 STAFF RECRUITMENT 63113 63113 115179586 92474989 10919775 11784822 13885858 16614604 105026443 124160792 369279 309254 40638222 16413011 24581825 24225211 838427443 884250161 176729271 238179970 54480 47041 1159074599 1287787033 1643123 2109251 4430000 3760000 117157484 128507931 123230607 134377182 X 23120949 29376029 486933617 562830564 525789426 561203258 1035843992 1153409851 1159074599 1287787033 X 14175796 103352507 37556 X 0 1 X 1 0 X 84044852 72475764 69161242 88710961 109169558 423562377 84044852 72475764 69161242 88710961 109169558 423562377 52164502 371397875 2228026 2711029 4343429 4857614 3517370 17657468 10977079 9638089 11609461 13433528 13291401 58949558 500169403 0.74250 0.78830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2009 AMOUNT: $ 10,114,092. 2010 AMOUNT: $ 8,713,974. 2011 AMOUNT: $ 10,633,049. 2012 AMOUNT: $ 12,248,985. 2013 AMOUNT: $ 11,985,938. MGMT SERVICE FEE - 2009 AMOUNT: $ 862,987. 2010 AMOUNT: $ 924,115. 2011 AMOUNT: $ 976,412. 2012 AMOUNT: $ 1,184,543. 2013 AMOUNT: $ 1,305,463. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 648875735 23799786 76629175 8103080 16255846 724945770 587791442 24649021 59624505 7442297 15746936 648875735 609895537 19971364 -19899714 6938117 15237628 587791442 481552600 29490372 117961116 6854727 12253824 609895537 407835615 29348341 61901836 5378491 12154701 481552600 1.00000 0 0 5601110 5601110 25689207 8236365 17452842 3243052 2077876 1165176 6104853 6098770 6083 24225211 ASSETS IN LIVING TRUSTS 69998133 F FACILITIES CORPORATION 1816615 F CASH VALUE OF LIFE INSURANCE 5762006 F BENEFICIAL INT PERPETUAL TRUST 13139166 F MANAGED SEPARATE INVESTMENT ACCTS 146527638 F OTHER 936412 F 238179970 ANNUITY AND LIFE INCOME OBLIGATIONS 28991771 AMOUNT HELD ON BEHALF OF OTHERS 99516160 128507931 X 232953941 103352507 246052 103598559 129355382 0 129355382 115388082 208496 208496 115179586 0 115179586 PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE INVESTMENT OBJECTIVE OF THE ENDOWMENT IS TO SEEK MAXIMUM TOTAL RETURN CONSISTENT WITH THE PRESERVATION OF PRINCIPAL, DIVERSIFICATION AND AVOIDANCE OF EXCESSIVE RISK. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE FOUNDATION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL OR STATE AUTHORITIES FOR YEARS ENDING BEFORE JUNE 30, 2011 NOR HAS THE FOUNDATION BEEN NOTIFIED OF ANY IMPENDING EXAMINATION AND NO EXAMINATIONS ARE CURRENTLY IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME OF UNIVERSITY OF IOWA FACILITIES CORPORATION 246,052. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF UNIVERSITY OF IOWA FACILITIES CORPORATION 208,496. SCHEDULE D, PART V PART V HAS BEEN RESTATED, FOR ALL YEARS, TO REFLECT SFAS 117 ENDOWMENT PRESENTATION TO BE CONSISTENT WITH NOTES TO THE AUDITED FINANCIAL STATEMENTS. EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 6382667 0 0 0 0 0 0 6382667 0 6382667 1 0 0 1 1 0 PART I, LINE 3: ACCOUNTING METHOD IS FAIR MARKET VALUE X X X X X 1 RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52406 TELEPHONE SOLICITATION 0 2486085 665117 1820968 AMERGENT INC 9 CENTENNIAL DRIVE PEABODY MA 01960 MAIL SOLICITATION 0 797904 463647 334257 3283989 1128764 2155225 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV 1 STATE UNIVERSITY OF IOWA 4 JESSUP HALL IOWA CITY IA 522421316 426004813 SECTION 115 91107284 STUDENT FINL AID, RESEARCH & ACADEMIC PROGRAMS 1 PART I, LINE 2: GRANTS (OR TRANSFERS TO THE UNIVERSITY OF IOWA) FROM THE UNIVERSITY OF IOWA FOUNDATION ARE SUBJECT TO UNIVERSITY OF IOWA AND UNIVERSITY OF IOWA FOUNDATION POLICIES AND PROCEDURES. BY SUBMISSION OF AN APPROVED REQUEST FOR TRANSFER OR EXPENDITURE, THE UNIVERSITY OF IOWA DEPARTMENT ACKNOWLEDGES THAT THE EXPENSE COMPLIES WITH DONOR INTENT AS SPECIFIED IN THE DONOR INTENT DOCUMENT SUPPLIED AT THE TIME THE GIFT IS RECEIVED FROM THE DONOR. ALL TRANSFER REQUESTS MUST INCLUDE A WRITTEN DESCRIPTION OF THE NATURE, DATE, PURPOSE AND THE AMOUNT OF THE REIMBURSABLE EXPENSE AND SIGNATURE OF AN AUTHORIZED UNIVERSITY OF IOWA ACCOUNT REPRESENTATIVE. ULTIMATE EXPENDITURE FOR PURPOSE MUST BE MADE THROUGH UNIVERSITY OF IOWA. SUPPORTING DOCUMENTATION MUST BE ATTACHED OR BE AVAILABLE IF REQUESTED BY THE UNIVERSITY OF IOWA FOUNDATION. X X X X X 0 0 0 0 0 0 0 0 0 LYNETTE L MARSHALL PRESIDENT 339194 0 45000 0 534 0 38991 0 16610 0 440329 0 0 0 TIFFANI K SHAW VP/ASST SECRETARY 254167 0 5000 0 64 0 26635 0 18064 0 303930 0 0 0 SHERRI P FURMAN CFO/TREASURER 157586 0 0 0 1347 0 16100 0 18223 0 193256 0 0 0 JACKIE LEWIS VP HEALTH SCIENCE DEV 197970 0 5000 0 574 0 20555 0 7410 0 231509 0 0 0 DAVID TRIPLETT VP DEV RESOURCES 181962 0 5000 0 2132 0 19278 0 16453 0 224825 0 0 0 RICHARD WRETMAN VP MAIN CAMPUS DEV 174175 0 5000 0 2149 0 18024 0 3646 0 202994 0 0 0 DAVID DIERKS VICE PRESIDENT 172571 0 5000 0 4342 0 18263 0 17947 0 218123 0 0 0 TOM K DEPRENGER ASSOCIATE VP 144491 0 5000 0 1365 0 15245 0 18435 0 184536 0 0 0 CHAD FURLONG ASSOCIATE VP/CIO 142333 0 5000 0 176 0 15250 0 15861 0 178620 0 0 0 KEVIN C COLLINS ASSISTANT VP 130864 0 5000 0 353 0 14157 0 18097 0 168471 0 0 0 JIM BETHEA ASSISTANT VP 134962 0 0 0 182 0 13751 0 12898 0 161793 0 0 0 KEN MASON FAMILY-SALLY MASON, DIRECTOR 82581 SALARY SUPPORT 0 X 280 6960267 AVG OF HIGH & LOW X 4 456517 FAIR MARKET VALUE X 5 298222 ACTUARIAL CALCULATION X 1 223308 SELLING PRICE 2 0 1 0 PART I, COLUMN (B): PART I, LINE 9,10,11: NUMBER OF CONTRIBUTIONS RECEIVED PART I, LINE 15: NUMBER OF PROPERTIES SOLD FORM 990, PART I, LINE 1 THE 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. OUR MISSION STATEMENT IS: ADVANCING THE UNIVERSITY OF IOWA AND FULFILLING THE ASPIRATIONS OF THOSE IT SERVES. FORM 990, PART III, PAGE 2: BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION THE 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. OUR MISSION STATEMENT IS: ADVANCING THE UNIVERSITY OF IOWA AND FULFILLING THE ASPIRATIONS OF THOSE IT SERVES. FORM 990, PART VI, SECTION A, LINE 1 THE STATE UNIVERSITY OF IOWA FOUNDATION'S BOARD OF DIRECTORS 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 ITS 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 REVISIONS TO ARTICLES OF INCORPORATION INCLUDE STATING THAT THE ORGANIZATION IS WITHOUT MEMBERS AND DIRECTORS AND OFFICERS WOULD NOT RECEIVE COMPENSATION FOR THEIR SERVICES AS OFFICER/DIRECTOR. REVISIONS TO THE BYLAWS INCLUDE INCORPORATING LANGUAGE PREVIOUSLY LOCATED IN THE ARTICLES OF INCORPORATION AND ADDING CLARIFYING LANGUAGE PER THE REVISED IOWA NONPROFIT CORPORATION ACT. FORM 990, PART VI, SECTION B, LINE 11 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 STATE UNIVERSITY OF IOWA FOUNDATION'S (UIF) BOARD OF DIRECTORS, BOARD COMMITTEE MEMBERS, AND OFFICERS (RESPONSIBLE PERSONS) HAVE A DUTY TO CONDUCT ACTIVITIES OF THE UIF WITH THE HIGHEST ETHICAL STANDARDS AND TO MAKE DECISIONS CONCERNING THE UIF SOLELY TO ADVANCE ITS MISSION AND INTERESTS. THIS CONFLICT OF INTEREST POLICY IS TO ASSIST THE FOUNDATION 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 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 CONFLICT OF INTEREST WILL BE DISCLOSED TO THE BOARD OF DIRECTORS. ACTION AND RECUSAL: THE BOARD SHALL DETERMINE WHETHER TO AUTHORIZE, APPROVE OR RATIFY THE ARRANGEMENT/TRANSACTION BASED SOLELY ON WHETHER IT IS IN THE BEST INTEREST OF THE STATE UNIVERSITY OF IOWA FOUNDATION 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 AND 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 FOUNDATION'S WEBSITE (WWW.UIFOUNDATION.ORG). FORM 990, PART XI, LINE 9: CHANGE IN NET ASSETS OF THE UNIVERSITY OF IOWA FACILITIES CORPORATION 37,556. UNIVERSITY OF IOWA FACILITIES CORPORATION ONE WEST PARK ROAD IOWA CITY IA 52242 420931777 PROPERTY ACQUISITION IA 501(C)3 11A STATE UNIVERSITY OF IOWA FOUNDATION 1 STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION ONE WEST PARK ROAD IOWA CITY IA 52242 421129040 SUPPORT ORGANIZATION IA 501(C)3 11A STATE UNIVERSITY OF IOWA FOUNDATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION C 347500 BOARD APPROVAL STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION Q 119657 INVESTMENT MGMT FEE