CONTACT: ALAN L. SWANSON
Senior Vice President
500 Levitt Center for University Advancement
Iowa City IA 52242
Phone: (319) 335-3305
Release: Dec. 17, 1999
Shaw is named chief financial officer of UI Foundation
IOWA CITY, Iowa The promotion of controller and assistant treasurer
Tiffani K. Shaw of Iowa City to the position of chief financial officer and
treasurer has been announced by Alan Swanson, University of Iowa Foundation
senior vice president for development services.
"Tiffani had strong competition in the search process, but her UI experience
and especially her nonprofit accounting and compliance expertise were very
strong factors in the decision," Swanson said. In her new position, Shaw
will oversee the Foundation's financial operations exceeding $580 million
in total assets, as well as the budgeting process, gift and tax law compliance
and contributor gift agreements. Shaw will serve in the foundation's management
group with President Michael New, Vice President for Development Programs
Steve Sanders, Associate Vice President for Communications and Campaign Support
Susan Shullaw, and Swanson.
Shaw will assist the UI Foundation's Investment Advisory Committee in managing
the foundation's $435 million portfolio and its $62 million trust portfolio,
which support the university's programs, departments and colleges. She will
also work with the foundation's volunteer audit committee. Both committees
comprise members of the UI Foundation's board of directors who are national
leaders in areas such as capital investment, banking, industry, and financial
Shaw joined the UI Foundation in 1997 and from 1993 to 1997 supervised the
foundation's audits for the accounting firm McGladrey & Pullen, LLP.
A native of Mason City, Shaw received a B.A. degree in accounting from the
University of Iowa. She is a member of the American Institute of Certified
Public Accountants, the Iowa Society of Certified Public Accountants, and
the University Financial Officers Group, consisting of the Big Ten/Big Twelve
chief financial officers.
The University of Iowa Foundation, organized in 1956, is the preferred channel
of support for private gifts to all areas of the University of Iowa.