(CNN) - Mitt Romney's making a major investment in Iowa.
The former Massachusetts governor's political action committee, Free and Strong America PAC, announced 38 endorsements Friday of GOP candidates running in state and federal elections in Iowa. Romney's PAC is also pouring a total of $41,500 in contributions to the candidates' campaigns.
Romney's endorsements include five-term Sen. Chuck Grassley and all of the Republicans running in the state's five congressional districts. Romney endorsed former Iowa Gov. Terry Branstad, the GOP gubernatorial nominee, prior to the June primary, and has contributed $10,000 to Branstad's campaign.
The former and likely future presidential candidate, who was last in Iowa in April, is scheduled to return to the state October 26 to campaign for Republican candidates. Iowa, of course, plays a large role in the race for the White House, as the state's caucuses traditionally kick off the presidential primary season.
Romney finished second to former Arkansas Gov. Mike Huckabee in the 2008 Iowa GOP caucuses.
Last Saturday, Romney was the keynote speaker at the Republican Party of New Hampshire's convention. It was the fourth time over the past two months that Romney had helped out state party officials. Romney's PAC also endorsed 33 Republican candidates in New Hampshire, and contributed a total of $40,000 to their campaigns.
New Hampshire follows Iowa as the second state in the presidential primary calendar.
While Romney aides say the former governor's efforts are about helping Republicans running in 2010, the efforts of course could pay dividends in 2012.
Follow Paul Steinhauser on Twitter: @psteinhausercnn