The University of Iowa Foundation was organized in 1956 to help the University meet needs beyond those provided for by state support, and to reach new levels of distinction by generating significant private gift support.
A nonprofit IRC Sec. 501(c)(3) organization, The University of Iowa Foundation is independent from The University of Iowa. Located in the Levitt Center for University Advancement, the Foundation is governed by a volunteer board of directors that elects its officers and appoints its staff. The University of IowaÃƒâ€˜which as a state institution receives 13.14 percent of its total budget from state appropriationsÃƒâ€˜acknowledges the UI Foundation as the preferred channel for private contributions that benefit all areas of the University. Foundation staff members work with alumni and friends to generate funds for student scholarships, professorships, facilities, equipment, research, outreach and service programs, and other University priorities. From 1956 through 2009, the Foundation has generated $2.01 billion in outright gifts and gift commitments for The University of Iowa. Source: www.uifoundation.org