EIN 91-1997089

Ashesi University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
1999
Most recent tax filings
2022-12-01
Description
The Ashesi University Foundation supports educational opportunities in Ghana. It raises funds to invest in faculty development, research, and new initiatives and partnerships to provide students with the highest quality education. Additionally, it seeks to maintain the percentage of students on scholarships as Ashesi University grows. Through tuition and donor contributions, 44% of Ashesi University's students receive financial aid. The foundation is located in Seattle, WA.
Total revenues
$6,199,311
2022
Total expenses
$3,619,585
2022
Total assets
$15,361,175
2022
Num. employees
8
2022

Program areas at Ashesi University Foundation

Scholarships: as Ashesi University grows, we are raising funds to maintain the percentage of students on scholarships. 46% of Ashesi University's students received financial aid funded through tuition and donor contributions.
Program growth: to provide students with the highest quality education, we are raising funds to invest in faculty development, research, the education collaborative and other new initiatives and partnerships.
Campus expansion: to serve Ashesi University's growing student body, we are raising funds to purchase equipment and build more classrooms, labs, student housing, and collaborative spaces.

Who funds Ashesi University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Education$500,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$275,550
Kofi A Tawiah FoundationScholarship Fund$250,000
...and 25 more grants received totalling $2,049,614

Personnel at Ashesi University Foundation

NameTitleCompensation
Lisa Norton-MotulskySecretary$0
Joanna BargeronVice President$115,733
Scott KucirekTreasurer / Trustee$0
Patrick AwuahFounder and President , Ashesi University College , Ghana / Founder and President Ashesi University College$71,167
Reggie BrownChief Executive Officer / Vice Chair / Trustee$0
...and 3 more key personnel

Financials for Ashesi University Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,011,519
Program services$0
Investment income and dividends$178,966
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$18,314
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-9,488
Total revenues$6,199,311

Form 990s for Ashesi University Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-31990View PDF
2021-122022-11-14990View PDF
2020-122021-10-15990View PDF
2019-122021-04-05990View PDF
2018-122020-02-05990View PDF
...and 10 more Form 990s
Data update history
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Updated personnel
Identified 1 new personnel
December 24, 2023
Received grants
Identified 22 new grant, including a grant for $500,000 from Silicon Valley Community Foundation (SVCF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationForeign affairsInternational development
Characteristics
Operates internationallyReceives government fundingEndowed supportTax deductible donations
General information
Address
1201 3rd Ave 2200
Seattle, WA 98101
Metro area
Seattle-Tacoma-Bellevue, WA
Website URL
ashesi.org/ 
Phone
(206) 545-6988
IRS details
EIN
91-1997089
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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