EIN 71-0489924

Arkansas State University System Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1977
Most recent tax filings
2022-06-01
Description
The Arkansas State University Foundation, Inc. (the Foundation) is a charitable corporation created under and operating by the laws of the State of Arkansas.
Total revenues
$12,203,394
2022
Total expenses
$7,097,922
2022
Total assets
$121,901,814
2022
Num. employees
0
2022

Program areas at Arkansas State University System Foundation

Asu support:the primary purpose of the Arkansas State University System Foundation, Inc. (the Foundation) is to receive, solicit, accept and hold, administer, invest and disburse any and every kind of property for such education, scientific, literary, research and service activities from individuals and organizations, including foundations, government agencies, and private businesses, to support the corporation's activities, and it shall manage endowments given to the corporation for the benefit of all the Arkansas State University System campuses operations, sites and facilities.
Administrative support:the Arkansas State University System Foundation, Inc. Provides financial assistance to all member campuses of the Arkansas State univeristy System in support of administrative functions like academic affairs, student affairs, residence life, recruiting, counseling, facilities management, advancement, alumni relations, information technology, career management, disability services ad diversity initiatives by supplementing University budgets for supplies and services, travel, equipment, technology, human resources and all other costs related to the University's academic mission.
Asu academic support:the Arkansas State University System Foundation, Inc. Provides financial assistance to all member campuses of the Arkansas State univeristy System and related entities in support of teaching, research, distance learning, library media services, economic development and outreach programs by supplementing University budgets for supplies and services, travel, equipment, technology, human resources and all other costs related to the University's academic mission.
Asu student support:the Arkansas State University System Foundation, Inc. Provides financial assistance to all member campuses of the Arkansas State univeristy System through academic scholarships, awards, stipends, grants and general support for various student activities. The majority of financial assistance to students is made by way of transfers to Arkansas State University.

Grants made by Arkansas State University System Foundation

GranteeGrant descriptionAmount
Arkansas State University Real Estate FoundationTo Provide Support To Arkansas State University Real Estate Foundation, Inc.$395,327
College of the Ouachitas FoundationTo Provide Support To Arkansas State University Three Rivers Foundation$67,638
Arkansas State University Red Wolves FoundationTo Provide Support To Arkansas State University Red Wolves Foundation, Inc.$40,930

Who funds Arkansas State University System Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
College of the Ouachitas FoundationAll Cash, Cash Equivalents, and Investments Were Transferred To Asu System Foundation Upon Dissolution.$933,800
Arkansas State University Real Estate FoundationTo Aid in Their Efforts To Assist Arkansas State University.$336,381
Judd Hill Foundation Trust$319,000
...and 22 more grants received totalling $2,023,581

Personnel at Arkansas State University System Foundation

NameTitleCompensation
Philip JacksonPresident / Treasurer / Chief Financial Officer$138,794
Judious LewisBoard Chair / Board Vice Chair / Board Member$0
Pam KailSecretary$0
Melissa LivingstonBoard Liason$44,232
Hazel DickeyBoard Vice Chair / Director$0
...and 1 more key personnel

Financials for Arkansas State University System Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$6,339,448
Program services$0
Investment income and dividends$2,099,361
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,371,116
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$393,469
Total revenues$12,203,394

Form 990s for Arkansas State University System Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062021-01-28990View PDF
2018-062019-09-14990View PDF
2017-062018-06-14990View PDF
2016-062017-06-08990View PDF
...and 6 more Form 990s
Data update history
May 17, 2023
Updated personnel
Identified 2 new personnel
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $278,000 from Judd Hill Foundation Trust
July 2, 2022
Received grants
Identified 1 new grant, including a grant for $3,000 from Dollar General Literacy Foundation
May 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Science and technologyEducation
Characteristics
Funds one specific organizationOperates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
PO Box 1990
State University, AR 72467
Metro area
Jonesboro, AR
County
Craighead County, AR
Website URL
astatefoundation.org/ 
Phone
(870) 972-2775
Facebook page
ArkansasState 
Twitter profile
@arkansasstate 
IRS details
EIN
71-0489924
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
Parent/child status
Independent
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