State University of Iowa Foundation
Iowa City, IA · EIN 42-0796760 · Education · Rank 2,978 by total revenue
To advance the university of iowa through engagement and philanthropy.
Money, Form 990 for tax year 2024
- Total revenue
- $202,489,213
- Total expenses
- $211,635,173
- Total assets
- $2,294,681,117
- Salary base (all salaries and wages)
- $29,959,071
- Salaries, other pay and benefits
- $38,871,456
- Employees
- 373
- Salary base per employee
- $80,319
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (38)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Lynette L Marshall | PRESIDENT | Officer | 40 | $687,818 |
| Sheila Baldwin | VP/ASSISTANT SECRETARY | Officer | 40 | $447,074 |
| Sherri P Furman | CFO/TREASURER (UNTIL 4/25/25) | Officer | 40 | $375,355 |
| Diane K Brownlee | SECRETARY | Officer | 40 | $267,117 |
| Tara Sterba | TREASURER (EFFECTIVE 4/25/25) | Officer | 40 | $197,962 |
| Andrew W Code | CHAIR/DIRECTOR | Board, Officer | 1 | None reported |
| Catherine Zaharis | VICE CHAIR/DIRECTOR | Board, Officer | 1 | None reported |
| Colin Hennessy | VP ALUMNI AND DONOR ENGAGEMENT | Key employee | 40 | $349,280 |
| Laura Seamans | VP - TALENT MANAGEMENT | Key employee | 40 | $275,950 |
| Barbara A McKenzie | DIRECTOR | Board | 1 | None reported |
| Barbara Wilson | DIRECTOR (EX OFFICIO) | Board | 1 | None reported |
| Bruce E Ringdahl | DIRECTOR | Board | 1 | None reported |
| Carl W Stuart | DIRECTOR | Board | 1 | None reported |
| Carol Havemann-Lynch | DIRECTOR | Board | 1 | None reported |
| Casey D Mahon | DIRECTOR | Board | 1 | None reported |
| Cassandra S Foens MD | DIRECTOR | Board | 1 | None reported |
| Chris Klein | DIRECTOR | Board | 1 | None reported |
| Christopher D Dewolf | DIRECTOR | Board | 1 | None reported |
| Dyan C Smith | DIRECTOR | Board | 1 | None reported |
| Frederick J Crawford | DIRECTOR | Board | 1 | None reported |
| Gregs G Thomopulos | DIRECTOR | Board | 1 | None reported |
| James W Carney | DIRECTOR | Board | 1 | None reported |
| Jeffrey A Chapman | DIRECTOR | Board | 1 | None reported |
| John Ruan IV | DIRECTOR | Board | 1 | None reported |
| Kevin R Gruneich | DIRECTOR | Board | 1 | None reported |
| Lois A Eichacker | DIRECTOR | Board | 1 | None reported |
| Mark A Kaufman | DIRECTOR | Board | 1 | None reported |
| Mary Joy Stead | DIRECTOR | Board | 1 | None reported |
| Miekeleen Hart | DIRECTOR | Board | 1 | None reported |
| P Sue Beckwith MD | DIRECTOR | Board | 1 | None reported |
| Perry A Glassgow | DIRECTOR | Board | 1 | None reported |
| Soumyo Sarkar | DIRECTOR | Board | 1 | None reported |
| Stephen H Belyn | DIRECTOR | Board | 1 | None reported |
| Susan Neely | DIRECTOR | Board | 1 | None reported |
| Suzanne S Yoon | DIRECTOR | Board | 1 | None reported |
| Thomas J Veale | DIRECTOR | Board | 1 | None reported |
| Thomas R Hanson | DIRECTOR | Board | 1 | None reported |
| Victor M Alvarez | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,777,052, which is 12.6% of the $29,959,071 salary base shared by 373 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Lynette L Marshall | PRESIDENT | Officer | 40 | $624,000 | $0 | $63,818 | $687,818 |
| Sheila Baldwin | VP/ASSISTANT SECRETARY | Officer | 40 | $375,036 | $0 | $72,038 | $447,074 |
| Jim Bethea | CHIEF INVESTMENT OFFICER | Highly paid employee | 40 | $348,408 | $0 | $64,389 | $412,797 |
| Sherri P Furman | CFO/TREASURER (UNTIL 4/25/25) | Officer | 40 | $329,943 | $0 | $45,412 | $375,355 |
| Colin Hennessy | VP ALUMNI AND DONOR ENGAGEMENT | Key employee | 40 | $281,179 | $0 | $68,101 | $349,280 |
| Robert K Clark | ASST VP - DATA ANALYTICS | Former | 40 | $286,806 | $0 | $30,234 | $317,040 |
| Tom K Deprenger | VP PRINCIPAL GIFTS | Highly paid employee | 40 | $252,326 | $0 | $57,190 | $309,516 |
| Derek Pendergast | VP, PRINCIPAL GIFTS | Highly paid employee | 40 | $232,903 | $0 | $65,193 | $298,096 |
| Linda A Hartford | VP, CHIEF IT OFFICER | Highly paid employee | 40 | $241,978 | $0 | $53,907 | $295,885 |
| Kevin Collins | ASSOC VP DEVELOPMENT | Highly paid employee | 40 | $219,162 | $0 | $65,029 | $284,191 |
Sources
- IRS e-file return 202513169349302496 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 42-0796760
- Organization website (as filed): www.foriowa.org