Governance
The Iowa State University Foundation is a private non-profit organization dedicated to securing and stewarding private gifts and grants that benefit Iowa State University. Each year, thousands of generous benefactors make gifts to show their support for Iowa State.
The ISU Foundation works with Iowa State administrators, deans and unit leaders to determine the university's fundraising priorities. These projects may include professorships, faculty support, student scholarships, facility improvements, new equipment, athletic support, program enhancements and new buildings, just to name a few. The ISU Foundation staff and volunteer leadership works in partnership with university officials to generate private support for ISU.
Committees
Audit Committee
The audit committee assists the board of directors in fulfilling its fiduciary and oversight responsibilities in the areas of financial reporting, internal controls, financial policies and the independent audit process. The committee provides reasonable oversight. Management is responsible for the preparation of the foundation's financial statements and the independent auditors are responsible for auditing and expressing an opinion on the financial statements.
Governance Committee
The Governance Committee assists the Board of Directors in fulfilling its responsibilities for developing the volunteer leaders of the Iowa State University Foundation.
Executive Committee
The executive committee assists the board of directors in fulfilling its responsibilities for conducting the business of the organization.
Awards Committee
The awards committee assists the board of directors in fulfilling its responsibilities for donor stewardship by selecting recipients of the ISU Foundation's top philanthropic and service awards.
Finance Committee
The finance committee assists the board of directors in fulfilling its fiduciary and oversight responsibilities as they relate to financing of foundation operations.
Gift Acceptance Committee
The gift acceptance committee assists the board of directors in fulfilling its fiduciary and oversight responsibilities as they relate to acceptance of gifts to benefit Iowa State University.
Investment Committee
The investment committee assists the board of directors in fulfilling its fiduciary and oversight responsibilities as they relate to foundation investments, including those investments held in charitable remainder trusts administered by the ISU Foundation.
Communications Committee
The communications committee assists the board of directors in fulfilling its responsibilities for developing and implementing effective communications programs for donors to Iowa State.
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