Iowa SF2453 mandates that the University of Iowa, Iowa State University, and the University of Northern Iowa invest at least 1% of their endowment.

Iowa SF2453 requires the University of Iowa, Iowa State University, and the University of Northern Iowa to allocate at least 1% of their total endowment assets to certified innovation funds by July 1, 2027. These funds must be managed according to prudent investor standards and generally accepted institutional fiduciary standards. The bill allows institutions to choose which innovation funds to invest in, the timing of investments, and the structure of commitments.

Iowa SF2453 mandates that the University of Iowa, Iowa State University, and the University of Northern Iowa invest at least 1% of their endowment.

Iowa SF2453 requires the University of Iowa, Iowa State University, and the University of Northern Iowa to allocate at least 1% of their total endowment assets to certified innovation funds by July 1, 2027. These funds must be managed according to prudent investor standards and generally accepted institutional fiduciary standards. The bill allows institutions to choose which innovation funds to invest in, the timing of investments, and the structure of commitments.