EIN 86-6051042

ASU Foundation

IRS 501(c) type
501(c)(3)
Num. employees
205
City
State
Year formed
1955
Most recent tax filings
2022-06-01
Description
The Asu Foundation for A New American University is A private, nonprofit organization that raises and manages private contributions to support the work of Arizona State University. To advance, through philanthropy, the success of Arizona State University as A New American University. To ensure the success of Arizona State University as A New American University.
Also known as...
Arizona State University Foundation for A New American University
Total revenues
$295,474,196
2022
Total expenses
$172,089,032
2022
Total assets
$1,713,596,162
2022
Num. employees
205
2022

Program areas at ASU Foundation

Research support - the Asu Foundation provided more than $49 million in research funding for Asu. In addition to the $125 thousand of program revenue, the Asu Foundation received more than $46 million of contributions to support Asu research in information privacy and security; supply chain management; environment and sustainability; early childhood education and other areas.
Student and faculty support - the Asu Foundation provided over $33 million for Asu programs that assist undergraduate and graduate students. In addition to more than $1 million of program revenue, Asu Foundation received over $30 million of contributions to support faculty recognition and professorships and for student support.
Specific University programs - the Asu Foundation provided more than $27 million in support of sustainability and education activities, entrepreneurial activities, and programming activities. In addition to the program revenue of more than $1 million, Asu Foundation received over $25 million in contributions to support these activities.
The Asu Foundation provided over $40 million to support the education, research, public service and other activities of Arizona State University. In addition to the more than $600 thousand of program revenue, Asu Foundation provided over $38 million of contributions in support of these activities.

Grants made by ASU Foundation

GranteeGrant descriptionAmount
Arizona State University Enterprise PartnersProgram Support$931,250
Arizona State University Alumni AssociationProgram Support$792,950
Hawaii Marine Education and Research CenterProgram Support$525,000
...and 18 more grants made totalling $3,776,850

Who funds ASU Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arizona State University Enterprise PartnersProgram Support$13,530,031
Pivotal FoundationFor the Exempt Purpose of the Organization$7,610,000
Virginia G. Piper Charitable TrustSupport the Trustees' Now Is the Moment Celebration of Our Community To Support the Development and Deployment of the Most Advanced Decision Tool Regarding the Water Futures of Maricopa County and Greater Arizona.$5,000,000
...and 301 more grants received totalling $91,233,118

Personnel at ASU Foundation

NameTitleCompensation
Gretchen BuhligChief Executive Officer$536,545
Josh Simon07 Chief Executive Officer and Founder, Simoncre About
Virginia E DesantoTreasurer$0
Lauren BrownChief of Staff and Assistant Vice President, Development Services
Mark AntonucciVice President , Rutgers University Foundation
...and 23 more key personnel

Financials for ASU Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$219,622,717
Program services$759,123
Investment income and dividends$25,139,701
Tax-exempt bond proceeds$0
Royalty revenue$31,180
Net rental income$0
Net gain from sale of non-inventory assets$46,487,964
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,433,511
Total revenues$295,474,196

Form 990s for ASU Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-28990View PDF
2021-062021-11-23990View PDF
2020-062021-04-01990View PDF
2019-062020-10-29990View PDF
2018-062019-02-21990View PDF
...and 8 more Form 990s

Organizations like ASU Foundation

OrganizationLocationRevenue
Washington State University Foundation (WSU)Pullman, WA$157,487,648
Kansas State University FoundationManhattan, KS$256,518,677
University of New Mexico FoundationAlbuquerque, NM$103,141,341
Georgia Tech FoundationAtlanta, GA$246,304,114
University of Arizona FoundationTucson, AZ$279,111,154
Clemson University FoundationClemson, SC$80,225,172
New Hampshire Charitable FoundationConcord, NH$131,178,906
Arkansas Community FoundationLittle Rock, AR$123,710,549
Virginia Tech FoundationBlacksburg, VA$317,072,936
The San Diego FoundationSan Diego, CA$283,565,373
Data update history
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 4 new personnel
June 12, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
May 17, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsLobbyingOperates internationallyState / local levelEndowed supportTax deductible donations
General information
Address
PO Box 2260
Tempe, AZ 85280
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Website URL
asufoundation.org/ 
Phone
(480) 965-1791
Facebook page
asufoundation 
Twitter profile
@asufoundation 
IRS details
EIN
86-6051042
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1955
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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