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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education State University of Iowa Foundation

State University of Iowa Foundation

Fiscal year ending 2025. Filed on November 12, 2025.

PO Box 4550
Iowa City, Iowa 52244

State University of Iowa Foundation (EIN: 42-0796760), also known as University of Iowa Center for Advancement, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2025 IRS Form 990 filing, State University of Iowa Foundation, a 501(c)(3) charitable organization, reported compensation for 13 out of 373 total employees. Among the employees shown here, the average compensation is $347,545. The highest compensated employee at State University of Iowa Foundation is Lynette L Marshall with fiscal year 2025 compensation of $687,818. State University of Iowa Foundation changed its name from State University of Iowa Foundation Dba University of Iowa Center for Advancement in 2020.

Revenue, expenses, and employee compensation

Revenue

$202,489,213

Expenses

$211,635,173

Employee compensation

$38,871,456
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lynette L Marshall
President
$687,818
$624,000 No related comp$63,818
Sheila Baldwin
Vice President and Assistant Secretary
$447,074
$375,036 No related comp$72,038
Jim Bethea
Chief Investment Officer
$412,797
$348,408 No related comp$64,389
Sherri P Furman
Cfo/Treasurer (Until 4/25/25)
$375,355
$329,943 No related comp$45,412
Colin Hennessy
Vice President Alumni and Donor Engagement
$349,280
$281,179 No related comp$68,101
Robert K Clark
ASST Vice President - DATA Analytics
$317,040
$286,806 No related comp$30,234
Tom K Deprenger
Vice President Principal Gifts
$309,516
$252,326 No related comp$57,190
Derek Pendergast
Vice President, Principal Gifts
$298,096
$232,903 No related comp$65,193
Linda A Hartford
Vice President, Chief IT Officer
$295,885
$241,978 No related comp$53,907
Kevin Collins
Assoc Vice President Development
$284,191
$219,162 No related comp$65,029
Laura Seamans
Vice President - Talent Management
$275,950
$215,344 No related comp$60,606
Diane K Brownlee
Secretary
$267,117
$242,953 No related comp$24,164

Benchmark Employee Compensation

Non-Employee Board Members

Andrew W Code
Chair and Director
Barbara A McKenzie
Director
Barbara Wilson
Director ex officio
Bruce E Ringdahl
Director
Carl W Stuart
Director
Carol Havemann-Lynch
Director
Casey D Mahon
Director
Cassandra S Foens, M.D.
Director
Catherine Zaharis
Vice Chair and Director
Chris Klein
Director
Christopher D Dewolf
Director
Dyan C Smith
Director

Contractors

Huron Consulting Group Inc.
Software Consultants
$1,231,370
T&K Roofing Company Inc.
Roofing
$806,804
Cx Marketing LLC
Fundraising Mailings
$694,943
Fund Evaluation Group LLC
Financial Consultant
$685,871
Salesforcecom Inc.
Software Consultants
$626,065

Mission Statement

THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT'S MISSION IS TO ADVANCE THE UNIVERSITY OF IOWA THROUGH ENGAGEMENT AND PHILANTHROPY. WE SERVE OUR ALUMNI AND FRIENDS IN THE STATE AND THE REGION, THROUGHOUT THE COUNTRY, AND AROUND THE WORLD. WE ARE COMMITTED TO ENGAGING EVERYONE WHO (CONTINUED ON SCHEDULE O)

Revisions to this organization profile

November 12, 2025:
2025 State University of Iowa Foundation 990 filed
November 14, 2024:
2024 State University of Iowa Foundation 990 filed
February 15, 2024:
2023 State University of Iowa Foundation 990 filed

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