Overview
What is University Of Iowa Strategic Initiatives Fund?
The University of Iowa Strategic Initiatives Fund is a nonprofit organization dedicated to supporting the State University of Iowa's strategic plan implementation. Through grant funding and utility expense subsidies, this entity strengthens the institution's research capabilities, specifically in the field of space-based research. By drawing on the expertise of faculty from various departments and hosting a space instrumentation summer program, the Fund positions the UI as a leading destination for students interested in space research. Its mission is to manage funds from a long-term lease agreement, select and supervise independent investment managers, and grant money to the university for scientific research and educational activities.
Is University Of Iowa Strategic Initiatives Fund legitimate?
University Of Iowa Strategic Initiatives Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Iowa Strategic Initiatives Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of University Of Iowa Strategic Initiatives Fund?
The University of Iowa Strategic Initiatives Fund supports the implementation of the State University of Iowa's strategic plan by providing grants for scientific research and educational activities and subsidizing utility expenses. The organization's primary goal is to manage funds from the long-term lease and concession agreement for the University of Iowa Utility System, select and supervise independent investment managers, and determine the annual payout of the endowment for granting money to the university. All grant requests are reviewed to ensure they align with the university's strategic plans, and the Fund aims to advance the causes of education and research. A significant project under this fund is the extension of Iowa's success in space-based research across campus, which involves creating an interdisciplinary research enterprise and strengthening the institution's ability to compete for NASA funding. This includes hosting a space instrumentation summer program, making the UI an attractive destination for students interested in space research.
What is the revenue of University Of Iowa Strategic Initiatives Fund?
University Of Iowa Strategic Initiatives Fund's revenue in 2022 was $18,514,853.
Who are the executives of University Of Iowa Strategic Initiatives Fund and what are their salaries?
- Terry Johnson (Treasurer)
- Rodney Lehnertz (President & Director)
- Thomas Rietz (Director)
- Susan Klatt (Secretary)
- Nancy Boettger (Vice President & Director)
Where can I find the form 990 for University Of Iowa Strategic Initiatives Fund?
The University Of Iowa Strategic Initiatives Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of University Of Iowa Strategic Initiatives Fund
The University of Iowa Strategic Initiatives Fund is a corporate entity committed to advancing the State University of Iowa's strategic plan through financial support for scientific research, educational activities, and utility expenses. Established to manage the funds from the long-term lease and concession agreement for the University of Iowa Utility System, this organization plays a crucial role in selecting and supervising independent investment managers, granting money to the university to subsidize utility payments, and determining the annual payout of the endowment for direct use in research and educational activities.
By providing grants for scientific research and educational activities, the University of Iowa Strategic Initiatives Fund enables the institution to strengthen its competitive edge in securing NASA funding for space missions and instruments. The fund's mission extends beyond financial support, as it also fosters an interdisciplinary research enterprise by drawing on the expertise of faculty from various departments. Additionally, the fund offers a space instrumentation summer program, positioning the University of Iowa as a preferred destination for students interested in space research.
The University of Iowa Strategic Initiatives Fund's role in subsidizing utility expenses allows the institution to allocate more resources towards its primary mission of education and research. This support is essential for the university to maintain its competitive edge and provide optimal learning and research environments for its students and faculty. By advancing the cause of education and research, the University of Iowa Strategic Initiatives Fund is instrumental in ensuring the university's continued success and growth.
Impact
This information is meant to be a general summary of University Of Iowa Strategic Initiatives Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The University of Iowa Strategic Initiatives Fund supports the State University of Iowa's strategic plan implementation by providing grants for scientific research and educational activities, as well as subsidizing utility expenses. One of the impactful projects supported by this fund is the initiative to extend Iowa's success in space-based research across campus. This project aims to create an interdisciplinary research enterprise, strengthen the institution's ability to compete for NASA funding for space missions and instruments, and offer a space instrumentation summer program to attract students interested in space research. Through its support, the fund contributes to advancing education, research, and scientific innovation at the University of Iowa.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2020
Phone
(319) 335-2791
Main Address
5 W Jefferson St 105, Iowa City, IA, 52242
NTEE Category
Code: B11 - Education
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