Mission
SEE SCHEDULE O.
Public Charity
IOWA STATE UNIVERSITY FOUNDATION
IOWA STATE UNIVERSITY FOUNDATION, of AMES, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $196.2M in revenue, $204.9M in expenses, $2.1B in total assets. 570 publicly reported grants to this organization, totaling roughly $68.3M, appear in IRS filings.
EIN: 421143702
AMES, IA
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$196.2M
Total Expenses$204.9M
Total Assets$2.1B
Grant Records570
Funding Total$68.3M
Filing Years2021–2025
Where $100 goes at Iowa State University Foundation
How Iowa State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$79
Programs
the work itself
$9
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $79 for programs
$31
Facilities
$28
Student support
$17
Faculty and program support
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
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
GENERAL SUPPORT
$348,082
GENERAL SUPPORT
$85,278
GENERAL SUPPORT
$17,500
To support corrugated packaging program by providing pack center sponsorships
$15,000
GENERAL OPERATING
$12,000
Showing up to 5 of 570 total records — full history available with membership.
Officers & Directors
DIRECTOR
Ajay Desai
ASSISTANT VP OF DEVELOPMENT
Amy Kruzich
VP & CHIEF HUMAN RESOURCES OFFICER
Ann Torgerson-Ross
DIRECTOR
Charles Sukup
SECRETARY
Craig Denny
TREASURER
Dana Wenstrand
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $196.2M | $204.9M | $2.1B |
| 2024 | $143.2M | $205.3M | $2.0B |
| 2023 | $147.0M | $153.8M | $1.9B |
| 2022 | $255.1M | $146.6M | $1.8B |
| 2021 | $196.4M | $116.7M | $1.8B |
Between 2021 and 2025, reported annual revenue held roughly steady at around $196.2M, with total assets most recently reported at $2.1B.
Interactive year-over-year charts and full filing details available with membership.