The University of Northern Iowa Foundation's mission is to grow and sustain private resources and build relationships to support the university of northern Iowa, its students, faculty, staff and programs.
Key facts about University of Northern Iowa Foundation
In short: University of Northern Iowa Foundation gave $10.9M across 2 grants in 2025 (avg $5.4M), mostly in Iowa. Source: 2025 IRS Form 990.
- EIN
- 42-6058591
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $10,893,818
- Grants made (2025)
- 2
- Average grant
- $5,446,909
- Median grant
- $5,446,909
- Total assets
- $309,712,656
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$309.7M
+6.6% YoY
Annual Giving
$10.9M
+45.1% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$5.4M
+262.8% YoY
How University of Northern Iowa Foundation gives
- Giving grew 170% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About University of Northern Iowa Foundation
Based on IRS filings
University of Northern Iowa Foundation is a public charity focused on Education, based in Cedar Falls, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $309.7M in total assets. In 2025, it awarded 2 grants totaling $10.9M. Net investment income was $9.9M.
Focus Areas
Open Grants
1 open opportunity from University of Northern Iowa Foundation
Ready to take the next step with University of Northern Iowa Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.0M (2020) to $10.9M (2025). In 2025 it made 2 grants totaling $10.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Northern Iowa ($10.9M across 2 grants).
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 12 grants of 21 (57%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Northern Iowa Cedar Falls, IA | Capital Projects | $10,798,492 |
| University of Northern Iowa Cedar Falls, IA | Program Support | $95,326 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $309,712,656 | $290,552,293 | $266,354,736 |
| Revenue | $33,983,779 | $35,606,248 | $54,272,654 |
| Expenses | $32,998,439 | $30,976,284 | $24,542,604 |
| Net Investment Income | $9,872,265 | $4,925,349 | $3,535,809 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
Leadership & Key People
Officers and directors from IRS filings
University of Northern Iowa Foundation is led by Jim Jermier, Board President on every filing since 2020; 9 of 42 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jim Jermier
Board President
On filings since 2020
40 hrs/week
$101K (2020) → $248K (2025)
Michael Armbrecht
Chair
2nd Vice Chair → Vice Chair, 2024
Vice Chair → Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Bob Bowlsby
Trustee
On filings since 2019
1 hr/week
No compensation reported
Carl Boyd
Trustee
On filings since 2019
1 hr/week
No compensation reported
David Mason
Trustee
On filings since 2019
1 hr/week
No compensation reported
David Takes
Trustee
Chair → Chair-, 2020
Chair- → Trustee, 2022
On filings since 2019
1 hr/week
No compensation reported
Don Coffin
Trustee
Trustee - → Trustee, 2020
On filings since 2019
1 hr/week
No compensation reported
Jan Bittner
Trustee
Vc- → Chair, 2022
Chair → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Jim Mudd II
Trustee
On filings since 2019
1 hr/week
No compensation reported
Jorgen Heideman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Katie Mullholland
Trustee
On filings since 2019
1 hr/week
No compensation reported
Larry Fox
Trustee
Vice Chair → Chair, 2024
Chair → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Linda Cook
Trustee
2nd Vice Chair → Chair, 2022
Chair → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Mark Nook
Trustee
On filings since 2019
1 hr/week
No compensation reported
Mary Coffin
Trustee
Trustee - → Trustee, 2020
On filings since 2019
1 hr/week
No compensation reported
Mike Young
Trustee
On filings since 2019
1 hr/week
No compensation reported
Rich James
Trustee
On filings since 2019
1 hr/week
No compensation reported
Sandy Stevens
Trustee
On filings since 2019
1 hr/week
No compensation reported
Michael Wright
Trustee
On filings since 2022
1 hr/week
No compensation reported
Kerry Sutherland
Trustee
On filings since 2023
1 hr/week
No compensation reported
Lynn King
Trustee
On filings since 2023
1 hr/week
No compensation reported
Scott Sofier
Trustee
On filings since 2023
1 hr/week
No compensation reported
Susan Koch
Trustee
On filings since 2023
1 hr/week
No compensation reported
Julie Wood Stoll
Trustee
On filings since 2024
1 hr/week
No compensation reported
Kathryn M. Kunert
Trustee
On filings since 2024
1 hr/week
No compensation reported
Heather Gunderson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jason Flinn
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jeff Scudder
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Katy Susong
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Rick Noel
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Tina Stubbs
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Noreen Hermansen
Vice President for Principal Gifts
On filings since 2019
40 hrs/week
$139K (2019) → $159K (2025)
Steve Gearhart
Associate Vice President for Advancement
Associate Vice President for Advancement → Associate Vice President for Advanceme, 2023
Associate Vice President for Advanceme → Associate Vice President for Advancement, 2025
On filings since 2019
40 hrs/week
$127K (2019) → $148K (2025)
Hillery Oberle
Assistant Vice President of Strategy, Communications & Campaigns
Assistant Vice President of Strategy, Communications & Campaigns → Assistant Vice President of Strategy & Communications, 2023
Assistant Vice President of Strategy & Communications → Assistant Vice President of Strategy, Communications & Campaigns, 2025
On filings since 2020
40 hrs/week
$92K (2020) → $128K (2025)
Megan Stull
Board Secretary
Vice President & Secretary of the Board - → Board Secretary, 2022
On filings since 2020
40 hrs/week
$75K (2022) → $87K (2025)
Stacy Robinson
Board Treasurer
Treasurer - → Board Treasurer, 2022
On filings since 2020
40 hrs/week
$43K (2020) → $119K (2025)
Nate Clapham
Assistant Vice President Collegiate Development
Assistant Vice President Collegiate Development & Annual Giving → Assistant Vice President Collegiate De, 2023
Assistant Vice President Collegiate De → Assistant Vice President Collegiate Development, 2025
On filings since 2022
40 hrs/week
$101K (2022) → $126K (2025)
Brian Gabel
Assistant Vice President for Alumni Engagement
New on the 2025 filing
40 hrs/week
$127K (2025)
James Perry
Treasurer From
New on the 2025 filing
40 hrs/week
$12K (2025)
Bobbie Williams
Vice Chair
Trustee → 2nd Vice Chair, 2024
2nd Vice Chair → Vice Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Dan Fick
2nd Vice Chair
Trustee → 2nd Vice Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Michael Hager
Board Vice President
Vice President of the Board → Board Vice President, 2022
On filings since 2019
1 hr/week
No compensation reported
Former officers (29)
- Former: Duane Smith (2019–2024) — Trustee
- Former: Mark Oman (2019–2024) — Trustee
- Former: Richard Redfern (2019–2024) — Trustee
- Former: Steve Anderson (2019–2024) — Trustee
- Former: Josh Wittenburg (2024) — Trustee
- Former: Daniel Waller (2019–2023) — Trustee
- Former: Guang Jin (2019–2023) — Trustee
- Former: Margaret Bradford (2019–2023) — Trustee
- Former: Tim Hurley (2019–2023) — Trustee
- Former: Grace Petrzelka (2022–2023) — Student Trustee
- Former: Leslie Prideaux (2022–2023) — Assistant Vice President Alumni Relations
- Former: Reid Richards (2019–2022) — Trustee
- Former: Rose Lorenz (2019–2022) — Trustee
- Former: Steve Segebarth (2019–2022) — Trustee
- Former: Brenda Clancy (2019–2020) — Trustee
- Former: Bruce Mack (2019–2020) — Former Interim President
- Former: Dave Peters (2019–2020) — Trustee -
- Former: David Oman (2019–2020) — Trustee
- Former: Jean Carlisle (2019–2020) — Vice President & Secretary of the Board -
- Former: Michael Hogan (2019–2020) — Trustee -
- Former: Nathan Clapham (2019–2020) — Vice President of the Board
- Former: Tamera Jensen (2019–2020) — Interim Treasurer -
- Former: Tim Williams (2019–2020) — Trustee -
- Former: Katelyn Brockmeyer (2020) — Director-Student -
- Former: Dennis Mullen (2019) — Trustee -
- Former: Gina Trimble (2019) — Vice President & Treasurer of Board-
- Former: Kevin Harberts (2019) — Trustee -
- Former: Lisa Baronio (2019) — President -
- Former: Ruth Ann Meyer (2019) — Trustee · Filing note: Deceased
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $248K, to Jim Jermier (Board President). 9 officers or directors reported compensation on that filing.
Frequently asked questions about University of Northern Iowa Foundation
How much does University of Northern Iowa Foundation give each year?
University of Northern Iowa Foundation gave $10.9M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.5M across 5 grants.
How large is University of Northern Iowa Foundation?
University of Northern Iowa Foundation reported $309.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $34.0M.
What is University of Northern Iowa Foundation?
University of Northern Iowa Foundation is a public charity focused on Education, based in Cedar Falls, IA. It holds $309.7M in total assets as of 2025.
Where does University of Northern Iowa Foundation operate?
University of Northern Iowa Foundation has awarded grants in Iowa.
What is University of Northern Iowa Foundation's EIN?
University of Northern Iowa Foundation's EIN (Employer Identification Number) is 42-6058591. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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University of Northern Iowa Foundation down — hundreds of funders to go?