Mission
THE FOUNDATION IS ORGANIZED TO FURTHER THE GROWTH AND DEVELOPMENT OF PRIVATE COLLEGES AND UNIVERSITIES OF HIGHER EDUCATION IN IOWA.
Public Charity
IOWA COLLEGE FOUNDATION
IOWA COLLEGE FOUNDATION is a nonprofit organization categorized as Public Charity based in DES MOINES, IA. Its most recent IRS filing (2025) reports revenue of $2.3M, expenses of $2.1M, total assets of $8.8M. Imperigo tracks 74 reported grant relationships connected to this organization totaling approximately $3.1M.
EIN: 420745995
DES MOINES, IA
Latest filing: 2025
Total Revenue$2.3M
Total Expenses$2.1M
Total Assets$8.8M
Grant Records74
Funding Total$3.1M
Filing Years2021–2025
Where $100 goes at Iowa College Foundation
How Iowa College Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$67
Programs
the work itself
$19
Management
running the organization
$14
Fundraising
raising the next dollar
Inside the $67 for programs
$67
Distributions of contributions to member colleges and universities
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ICF Annual Request for Unrestricted Funding and the Opportunity Scholarship Challenge
$15,000
GENERAL SUPPORT
$10,500
GRANTS TO STATE COUNCILS
$113,500
SCHOLARSHIPS
$100,750
ICF ANNUAL REQUEST TO GREATAMERICA '23-'24, ICF OPPORTUNITY SCHOLARSHIP REQUEST TO CRST '23, ICF ANNUAL UNRESTRICTED REQUEST TO CRST '23, ICF ANNUAL REQUEST TO WORLD CLASS INDUSTRIES '24, ANNUAL REQUEST TO LIL' DRUG STORE PRODUCTS '24
$40,000
Showing up to 5 of 74 total records — full history available with membership.
Officers & Directors
SECRETARY
Albert Mosely
MEMBER
Amy Novak
MEMBER
Anne Harris
MEMBER
Ben Steele
MEMBER
Brad Chamberlain
MEMBER
Brian Lenzmeier
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.3M | $2.1M | $8.8M |
| 2024 | $1.9M | $2.0M | $8.2M |
| 2023 | $1.9M | $1.9M | $7.9M |
| 2022 | $1.9M | $2.0M | $7.6M |
| 2021 | $2.0M | $1.9M | $9.1M |
Between 2021 and 2025, reported annual revenue grew from $2.0M to $2.3M (+15%), with total assets most recently reported at $8.8M.
Interactive year-over-year charts and full filing details available with membership.