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        <NamePerson>JOHN PAPPAJOHN</NamePerson>
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        <NamePerson>KAREN B POSSNER</NamePerson>
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        <NamePerson>MARY JOY STEAD</NamePerson>
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        <NamePerson>GREG G THOMOPULOS</NamePerson>
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        <NamePerson>NATHAN R TROSS</NamePerson>
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        <NamePerson>ROBERT W VERHILLE</NamePerson>
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        <NamePerson>NANCY B WILLIS</NamePerson>
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      <GeneralExplanation>SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2008 AMOUNT: $ 9,508,463. 2009 AMOUNT: $ 10,114,092. 2010 AMOUNT: $ 8,713,974. 2011 AMOUNT: $ 10,633,049. 2012 AMOUNT: $ 12,248,985. MGMT SERVICE FEE - 2008 AMOUNT: $ 853,686. 2009 AMOUNT: $ 862,987. 2010 AMOUNT: $ 924,115. 2011 AMOUNT: $ 976,412. 2012 AMOUNT: $ 1,184,543.</GeneralExplanation>
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      <Form990ScheduleJPartII>
        <NamePerson>DAVID DIERKS</NamePerson>
        <Title>VICE PRESIDENT</Title>
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      <Form990ScheduleJPartII>
        <NamePerson>CHAD FURLONG</NamePerson>
        <Title>ASSOCIATE VP/CIO</Title>
        <BaseCompensationFilingOrg>137401</BaseCompensationFilingOrg>
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      <Form990ScheduleJPartII>
        <NamePerson>TOM K DEPRENGER</NamePerson>
        <Title>ASSOCIATE VP</Title>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>KEVIN C COLLINS</NamePerson>
        <Title>ASSOCIATE VP</Title>
        <BaseCompensationFilingOrg>125962</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
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        <OtherCompensationFilingOrg>342</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>13228</DeferredCompFilingOrg>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>SHEILA BALDWIN</NamePerson>
        <Title>ASSISTANT VP</Title>
        <BaseCompensationFilingOrg>116416</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>137</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>12718</DeferredCompFilingOrg>
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        <NontaxableBenefitsFilingOrg>22194</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>151465</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>KEN MASON</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>FAMILY-SALLY MASON, DIRECTOR</Relationship>
        <AmountOfTransaction>70154</AmountOfTransaction>
        <DescriptionOfTransaction>SALARY SUPPORT</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>285</NumberOfContributions>
        <NoncashContribsRptdF990>10796356</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>AVG OF HIGH &amp; LOW</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <SecuritiesPrtnrshpTrustIntrsts>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>12</NumberOfContributions>
        <NoncashContribsRptdF990>1666981</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>ACTUARIAL CALCLTN</MethodOfDeterminingRevenues>
      </SecuritiesPrtnrshpTrustIntrsts>
      <RealEstateCommercial>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>382648</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>SELLING PRICE</MethodOfDeterminingRevenues>
      </RealEstateCommercial>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS:</Identifier>
        <ReturnReference>PART I, COLUMN (B):</ReturnReference>
        <Explanation>SCHEDULE M, PART I, COLUMN (B): LINES 9 AND 11: NUMBER OF CONTRIBUTIONS RECEIVED LINES 16: NUMBER OF PROPERTIES SOLD</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>ORGANIZATION MISSION STATEMENT</Identifier>
        <ReturnReference>FORM 990, PART I, LINE 1</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990, PART III, LINE 1</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 1</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>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 BOARD 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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>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).</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 9:</ReturnReference>
        <Explanation>CHANGE IN NET ASSETS OF THE UNIVERSITY OF IOWA FACILITIES CORPORATION 28,379.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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        <NameOfDisregardedEntity>
          <BusinessNameLine1>UNIVERSITY OF IOWA FACILITIES CORPORATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>ONE WEST PARK ROAD</AddressLine1>
          <City>IOWA CITY</City>
          <State>IA</State>
          <ZIPCode>52242</ZIPCode>
        </AddressUS>
        <EIN>420931777</EIN>
        <PrimaryActivities>PROPERTY ACQUISITION</PrimaryActivities>
        <LegalDomicileState>IA</LegalDomicileState>
        <ExemptCodeSection>501(C)3</ExemptCodeSection>
        <PublicCharityStatus>11A</PublicCharityStatus>
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        <ControlledOrg>1</ControlledOrg>
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      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>ONE WEST PARK ROAD</AddressLine1>
          <City>IOWA CITY</City>
          <State>IA</State>
          <ZIPCode>52242</ZIPCode>
        </AddressUS>
        <EIN>421129040</EIN>
        <PrimaryActivities>SUPPORT ORGANIZATION</PrimaryActivities>
        <LegalDomicileState>IA</LegalDomicileState>
        <ExemptCodeSection>501(C)3</ExemptCodeSection>
        <PublicCharityStatus>11A</PublicCharityStatus>
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          <BusinessNameLine1>STATE UNIVERSITY OF IOWA FOUNDATION</BusinessNameLine1>
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      <GiftGrantOrCapContrFrOtherOrg>1</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <DividendsRelatedOrganization>0</DividendsRelatedOrganization>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>C</TransactionType>
        <AmountInvolved>318000</AmountInvolved>
        <MethodOfAmtDetermination>BOARD APPROVAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>STANLEY-UNIVERSITY OF IOWA SUPPORT ORGANIZATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>Q</TransactionType>
        <AmountInvolved>113014</AmountInvolved>
        <MethodOfAmtDetermination>INVESTMENT MGMT FEE</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
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</Return>