Press Center

UI Foundation provides timely response to newspaper’s request

May 24, 2012

In response to a May 8 request from the Des Moines Register, the University of Iowa Foundation today provided the requested information to the Register.

Specifically, the UI Foundation provided the following:

  • All emails within foundation records between the foundation and UI President Sally Mason between April 15 and May 8, 2012, with one redaction to remove protected information of a donor.
  • All emails within foundation records between the foundation and Ken Mason between April 15 and May 8, 2012.
  • All emails within foundation records between the foundation and UI spokesperson Thomas Moore between April 15 and May 8, 2012.
  • Records documenting the expenses incurred on behalf of the foundation’s governing board in the current fiscal year, with limited redactions to only remove protected information of donors.
  • Agenda for the foundation’s Nov. 4, 2011, board meeting.
  • Agenda for the foundation’s May 4, 2012, board meeting.
  • Minutes from the foundation’s Nov. 4, 2011, board meeting, with limited redactions to only remove protected information of the foundation or its donors.
  • An audio recording of the May 4, 2012, foundation board meeting, with limited redactions to only remove protected information of the foundation or its donors.
  • An audio recording of the Nov. 4, 2011, foundation board meeting, with limited redactions to only remove protected information of the foundation or its donors.
  • A list of all current foundation employees, their job titles, and salaries.
  • The foundation’s direct-mail contracts with Diamond Marketing Solutions that were in effect during the 2010 and 2011 calendar years.
  • The foundation’s phone solicitation contracts with RuffaloCODY that were in effect during the 2010 and 2011 calendar years.

In recent weeks, the UI Foundation also has provided the Register with:

  • The foundation’s most recent IRS Form 990 filed with the IRS.
  • The foundation’s audited financial statement for fiscal year 2011.
  • The letter from the auditors to the foundation’s audit committee for fiscal year 2011.
  • The employment contract for UI Foundation President and CEO Lynette L. Marshall.
  • The foundation’s Policy on Safeguarding and Disclosure of Foundation Information.
  • The names of all foundation board members.
  • A list of all vehicles owned or leased by the foundation (i.e. one car for use by foundation staff solely for business-related errands and one truck for facilities maintenance).

In my long and close experience with the organization, the University of Iowa Foundation always has been a very open and transparent organization, and is absolutely committed to benefitting Iowa by supporting the university and the philanthropic interests of its donors, said Thomas R. Hanson, chair of the foundation’s board of directors. Some recent news media accounts and editorial opinions have seriously misrepresented the foundation’s devotion and adherence to nonprofit best practices. In my experience, the foundation is extraordinarily well-governed by an independent, volunteer board of directors, well-managed by professional staff, and operates with the utmost integrity.

The Register also implied that the foundation had not been timely in its response to its most recent request, Hanson added. Foundation staff members have gathered the considerable information requested as quickly as reasonably practicable and within the time promised.

All foundation practices, including specifically its policies on disclosure of information, are intended to maintain and build trust with donors, prospective donors, and the general public. The disclosures listed above are an accurate reflection of the foundation’s practices, and the foundation will continue to act in a transparent manner.