Central Midwest HERC

The Iowa State University Foundation compensation program is designed to attract, retain, and reward high-performing individuals. It ensures that staff members are compensated according to job values and skills which are competitive in the marketplace. The ISU Foundation offers a full range of benefits to meet the needs of a diverse work force. Benefits are available to domestic partners and same-sex partners.

Medical Insurance

Two medical plans are offered, a PPO and an HMO through Wellmark Blue Cross and Blue Shield of Iowa. The employee and the ISU Foundation share the cost of the plan.

Dental Insurance

A comprehensive dental plan is offered through Delta Dental of Iowa. The plan provides four levels of benefits: preventive and diagnostic, basic restorative, major restorative, and orthodontic. The employee and the ISU Foundation share the cost of the plan.

Retirement Plan

The ISU Foundation's 403(b) Defined Contribution Retirement Plan is through TIAA. All employees are enrolled in the plan the first of the month following employment and are 100 percent vested with the first contribution. You contribute five percent of your annual salary on a pre-tax basis. The ISU Foundation contributes 10 percent of annual salary.

Life Insurance

The ISU Foundation provides life insurance equal to two times your annual earnings.

Optional additional life insurance is available. The employee pays the full cost of the additional coverage.

Dependent life insurance is available in two package options. The employee pays the full cost of the additional coverage.

Long-Term Disability Insurance

Employees are automatically covered following 90 days of employment. The plan covers 60 percent of your monthly compensation, post-tax. The ISU Foundation pays the cost of the disability coverage. Employee pays tax on the premium.

Flexible Spending Accounts

Pre-tax Health Care and Dependent Care spending accounts are available for employees to participate by payroll deduction.

Leave Programs

Full-time employees accrue 16 hours of vacation leave and 12 hours of sick leave each month. Part-time employees accrue both vacation and sick leave at a pro-rated rate.

The ISU Foundation observes ten paid holidays per year.

Tuition Assistance

Tuition assistance provides staff members the opportunity to receive reimbursement for tuition up to three times per year for coursework taken at accredited institutions. Reimbursement may be granted for up to three (3) undergraduate/graduate credit hours each semester. Employees are eligible after one year of service.

Vision Insurance

Employees are offered the opportunity to enroll in vision (hardware/contacts only) insurance through AVESIS. Employees pay the full cost of the coverage.

Integrity

We will uphold professional, ethical and honest conduct in all our business with you.

Donor Centered

Your values are heard, and we work to match your passions with opportunities at Iowa State.

Fiduciary Responsibility

We take your generosity seriously. Our team takes extra care to ensure your gifts are used exactly as they’re intended.

Results Oriented

You help move Iowa State University forward through your gift.

Diversity of Thought

There is always an opportunity to support something new at Iowa State, with a steady stream of innovative programs and ideas.

Innovation

We know the best ways to make your gift work for you and the university.

Balance

We value your respect as much as we value the university, and strike a balance between our two passions.

Wondering if you and the foundation are a good fit? Here’s a quick list of our beliefs.

• We place donors at the heart of our work and the decisions we make.
• Private gifts have the power to advance higher education, which transforms lives and communities.
• We adhere to the highest standards of professional and ethical conduct in all aspects of our business.
• We honor and respect our donors’ intentions.
• We are accountable to each other, our donors and the university. Our goals are achieved as a team.
• We respect our colleagues – as individuals and professionals – and we assume positive intent as we work together.
• We value inclusiveness, and strive to ensure that multiple perspectives are represented in our work.
• Collaboration and innovation are critically important to our success.
• We use data to drive organizational success.
• We build trust through open, transparent communication.

Advancing Iowa State University one gift at a time