EIN 47-5599177

Arizona State University Enterprise Partners

IRS 501(c) type
501(c)(3)
Num. employees
177
City
State
Year formed
2015
Most recent tax filings
2022-06-01
Description
Because Arizona State University is not a conventional university, ASU Enterprise Partners does things differently. They created a new organizational model designed to generate sources of revenue for Arizona State University.
Also known as...
ASU Enterprise Partners
Total revenues
$23,987,399
2022
Total expenses
$29,543,399
2022
Total assets
$381,094,670
2022
Num. employees
177
2022

Program areas at Arizona State University Enterprise Partners

See schedule oprogram service activity #1ep through its subsidiary university realty aims to advance Asu by accepting and monetizing commercial office, retail, multifamily buildings, as well as vacant land received from philanthropic real estate gifts from donors. Additionally, they take advantage of opportunities to invest, acquire, and dispose of real estate at logical points in real estate cycles. University realty provides full service, ground-up development including acquisitions and entitlements of land, master-planning and building design, construction, and financing of office, industrial, and multi-family projects. Currently, the organization holds $79.4 million in land and building investments.university realty oversees projects nationwide, from skysong in scottsdale, to the brickyard in tempe, to the Washington center in the heart of the district of columbia.
See schedule oprogram service activity #3ep manages investment pools and programs that generate revenue through investments in education technology companies and an angel investor membership program to advance asu-affiliated startups.
See schedule oprogram service activity #2ep through its subsidiary skysong innovations works with Asu faculty, postdocs, and students to translate their research innovations into commercial applications. To date, more than 160 startups have been launched based on Asu innovations, attracting more than $833 million in funding from outside investors, generating substantial local economic impact. The national academy of inventors and the intellectual property owners association now ranks Asu 8th in u.s. utility patents granted to universities worldwide. Other universities ranked alongside Asu in the top 20 include mit, stanford university, johns hopkins university, harvard and the California institute of technology. Skysong innovations also operates an office out of the Asu California center in santa monica, facilitating linkages between the Arizona and southern California innovation ecosystems, including connecting Asu inventors with california-based investors.

Grants made by Arizona State University Enterprise Partners

GranteeGrant descriptionAmount
ASU FoundationProgram Support$13,530,031
Invision AzProgram Support$75,000

Who funds Arizona State University Enterprise Partners

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ASU Research EnterpriseProgram Support$9,000,000
ASU FoundationProgram Support$931,250
ASU FoundationProgram Support$285,804
...and 11 more grants received

Personnel at Arizona State University Enterprise Partners

NameTitleCompensation
Augustine ChengMD and Chief Executive Officer$603,900
Daniel DillonPresident and Chief Executive Officer$761,014
Gretchen BuhligDirector and Chief Executive Officer$0
Mitchell LevinChief Executive Officer and Managing Director$516,336
Debbie WilliamsChief Operations Officer$240,776
...and 14 more key personnel

Financials for Arizona State University Enterprise Partners

RevenuesFYE 06/2022
Total grants, contributions, etc.$5,357,054
Program services$2,377,886
Investment income and dividends$7,538,424
Tax-exempt bond proceeds$0
Royalty revenue$134,902
Net rental income$240,478
Net gain from sale of non-inventory assets$3,663,840
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,674,815
Total revenues$23,987,399

Form 990s for Arizona State University Enterprise Partners

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-20990View PDF
2021-062021-11-23990View PDF
2020-062021-04-02990View PDF
2019-062020-11-10990View PDF
2018-062019-02-21990View PDF
...and 1 more Form 990
Data update history
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Updated personnel
Identified 2 new personnel
June 10, 2023
Used new vendors
Identified 1 new vendor, including
May 31, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Science and technologyEducationBusiness and industry
Characteristics
Provides grantsLobbyingOperates internationallyState / local levelTax deductible donations
General information
Address
PO Box 2260
Tempe, AZ 85280
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Website URL
asuenterprisepartners.org/ 
IRS details
EIN
47-5599177
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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