2026-01-14T09:04:52+00:00 2025-08-31 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-09-01 421129040 STANLEY-UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION STAN 3193353305 PO BOX 4550 IOWA CITY IA 52244 CATHY ZAHARIS PRESIDENT 3193353305 2026-01-14 true April Arnold P01559426 5612991820 2026-01-14 2024 2025-03-06 01:10:19Z CATHY ZAHARIS PO BOX 4550 IOWA CITY IA 52244 652647 false X N/A X 1979 IA PROVIDE GRANTS TO THE STATE UNIVERSITY OF IOWA FOUNDATION IN ACCORDANCE WITH EXEMPT PURPOSE, WHICH IN TURN GRANTS FUNDS TO THE STATE UNIVERSITY OF IOWA. 7 5 0 7 0 0 0 0 0 631187 652647 0 0 631187 652647 701110 684837 0 0 0 0 0 0 0 4303 4318 705413 689155 -74226 -36508 11759522 11830278 0 0 11759522 11830278 PROVIDE GRANTS TO THE STATE UNIVERSITY OF IOWA FOUNDATION IN ACCORDANCE WITH EXEMPT PURPOSE, WHICH IN TURN GRANTS FUNDS TO THE STATE UNIVERSITY OF IOWA. false false 685708 684837 0 GRANTS PROVIDE RESOURCES TO THE STATE UNIVERSITY OF IOWA FOR STUDENT SUPPORT, INTERNATIONAL RESEARCH, THE ARTS, AND TRAVEL. 685708 true false false false false false false false false true false false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 7 5 true false false false false true false true true false false false true true true true true true false false false false IA X MARTY NEVSHEMAL 3193353305 POBOX 4550 IOWA CITY IA 52244 CATHY ZAHARIS PRESIDENT/DIRECTOR 1.0 1.0 X X 0 0 0 ELIZABETH SHRIVER VICE PRESIDENT/DIRECTOR 1.0 0.0 X X 0 0 0 LYNETTE MARSHALL SECRETARY/DIRECTOR 1.0 40.0 X X 0 624000 63818 SHERRI FURMAN TREASURER/DIRECTOR (UNTIL 4/25/25) 1.0 40.0 X X 0 329943 45412 TARA STERBA TREASURER/DIRECTOR (EFFECTIVE 5/2/25) 1.0 40.0 X X 0 166373 31589 BARBARA WILSON DIRECTOR 1.0 1.0 X 0 0 0 GREGS THOMOPULOS DIRECTOR 1.0 1.0 X 0 0 0 REBECCA STANLEY DIRECTOR 1.0 0.0 X 0 0 0 0 1120316 140819 0 false true false 0 0 0 0 0 0 0 652647 652647 0 0 0 0 0 0 0 0 0 652647 0 0 652647 684837 684837 1890 1890 0 0 0 0 871 871 1557 1557 0 0 0 0 689155 685708 3447 0 202242 165734 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11557280 11664544 0 0 0 0 0 11759522 11830278 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 11759522 11830278 11759522 11830278 11759522 11830278 -36508 107264 0 X false true true false X X X 1 STATE UNIVERSITY OF IOWA FOUNDATION 420796760 5 true 684837 0 1 684837 0 true false false false false false false false false false false false false false false true false 11557280 107264 11664544 11112847 0 444433 11557280 11438359 0 -325512 11112847 11926747 0 -488388 11438359 9372326 66767 2487654 11926747 1.0 0.0 0.0 false true true 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE ENDOWMENT, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT'S ASSETS. true STATE UNIVERSITY OF IOWA FOUNDATION PO BOX 4550 IOWA CITY IA 522444550 420796760 501(C)3 684837 RESEARCH, ARTS AND SCHOLARSHIPS 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ALL GRANTS TO THE STATE UNIVERSITY OF IOWA FOUNDATION ARE APPROVED BY THE BOARD OF DIRECTORS. ALL EXPENDITURES FROM THE STATE UNIVERSITY OF IOWA FOUNDATION TO THE STATE UNIVERSITY OF IOWA ARE SUBJECT TO STATE UNIVERSITY OF IOWA FOUNDATION POLICIES AND IRS REGULATIONS. 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. false false false false false false false false false SHERRI FURMAN TREASURER/DIRECTOR (UNTIL 4/25/25) 0 264682 0 58931 0 6330 0 28573 0 16839 0 375355 0 0 LYNETTE MARSHALL SECRETARY/DIRECTOR 0 474710 0 123000 0 26290 0 34500 0 29318 0 687818 0 0 TARA STERBA TREASURER/DIRECTOR (EFFECTIVE 5/2/25) 0 162282 0 3500 0 591 0 25914 0 5675 0 197962 0 0 Schedule J, Part II SHERRI FURMAN, TARA STERBA, AND LYNETTE MARSHALL ARE COMPENSATED BY THE STATE UNIVERSITY OF IOWA FOUNDATION, A RELATED 501(C)(3) ORGANIZATION. THE STATE UNIVERSITY OF IOWA FOUNDATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION STUDY AND APPROVAL BY THE BOARD TO SET COMPENSATION. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE STANLEY UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION'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 TO THE EXTENT PERMITTED BY LAW. WRITTEN REPORTS OF THE ACTIONS OF THE EXECUTIVE COMMITTEE ARE SUBMITTED TO THE BOARD AT ITS NEXT MEETING. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF DIRECTORS (BOARD) OF THE STANLEY UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION (CORPORATION) SHALL CONSIST OF: THREE (3) EX OFFICIO VOTING DIRECTORS: THE PRESIDENT OF THE STATE UNIVERSITY OF IOWA FOUNDATION (FOUNDATION); THE PRESIDENT OF THE UNIVERSITY OF IOWA; AND THE PRESIDENT OF THE HOLTHUES TRUST OR HIS/HER DESIGNEE; AND ONE DIRECTOR APPOINTED BY THE PRESIDENT OF THE HOLTHUES TRUST; AND THREE DIRECTORS APPOINTED BY THE CHAIR OF THE BOARD OF DIRECTORS OF THE FOUNDATION FROM AMONG THE OFFICERS, DIRECTORS, OR LIFETIME HONORARY DIRECTORS OF THE FOUNDATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE ACCOUNTING STAFF AT THE STATE UNIVERSITY OF IOWA FOUNDATION CONDUCTS A DETAILED REVIEW OF THE FORM 990. FOLLOWING THE DETAILED REVIEW, THE PREPARED FORM 990 IS MAILED TO ALL BOARD MEMBERS TO REVIEW THE FORM PRIOR TO THE FILING DEADLINE. Form 990, Part VI, Line 12c Conflict of interest policy THE STANLEY-UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION'S BOARD OF DIRECTORS AND OFFICERS (RESPONSIBLE PERSONS) HAVE A DUTY TO CONDUCT ACTIVITIES WITH THE HIGHEST ETHICAL STANDARDS AND TO MAKE DECISIONS 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. A CONFLICT OF INTEREST MAY ARISE WHEN A RESPONSIBLE PERSON HAS AN EXISTING OR POTENTIAL FINANCIAL INTEREST OR OTHER MATERIAL INTEREST THAT IMPAIRS OR MIGHT APPEAR TO IMPAIR, HIS OR HER INDEPENDENCE OR OBJECTIVITY IN THE DISCHARGE OF RESPONSIBILITIES AND DUTIES TO THE STANLEY UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION. (1) 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 SHALL DISCLOSE AS FULLY AS POSSIBLE, THE CIRCUMSTANCES OF EACH ACTUAL OR POTENTIAL CONFLICT. THE ANNUAL STATEMENT WILL BE INITIALLY REVIEWED BY THE CHAIR OF THE BOARD. IN ADDITION TO THE ANNUAL 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 PREVIOUSLY UNDISCLOSED CIRCUMSTANCES. THE CHAIR'S STATEMENT, IF ANY SHALL BE REVIEWED BY THE EXECUTIVE COMMITTEE. (2) 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 WILL BE DISCLOSED TO THE BOARD OF DIRECTORS. (3) ACTION AND RECUSAL: THE BOARD SHALL DETERMINE WHETHER TO AUTHORIZE, APPROVE, OR RATIFY THE ARRANGEMENT/TRANSACTION BASED SOLEY ON WHETHER IT IS IN THE BEST INTEREST OF THE STANLEY UNIVERSITY OF IOWA FOUNDATION SUPPORT ORGANIZATION 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. THE AUTHORIZATION, APPROVAL, OR RATIFICATION MAY NOT BE MADE BY A SINGLE DIRECTOR. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS LYNETTE MARSHALL, SHERRI FURMAN, TARA STERBA, CATHY ZAHARIS, GREGS THOMOPULOS, AND BARBARA WILSON HAVE A BUSINESS RELATIONSHIP. ELIZABETH SHRIVER AND REBECCA STANLEY HAVE A FAMILY RELATIONSHIP. STATE UNIVERSITY OF IOWA FOUNDATION PO BOX 4550 IOWA CITY IA 52244 420796760 FUNDRAISING IA 501(c)(3) 5 NA false UNIVERSITY OF IOWA FACILITIES CORP PO BOX 4550 IOWA CITY IA 52244 420931777 HOLD PROPERTY IA 501(c)(3) Type I SUIF true false true false false false false false false false false false false true false true true false false false