EIN 47-5599177

Arizona State University Enterprise Partners

IRS 501(c) type
501(c)(3)
Num. employees
205
City
State
Year formed
2015
Most recent tax filings
2023-06-01
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
$17,546,517
2023
Total expenses
$35,781,750
2023
Total assets
$361,760,963
2023
Num. employees
205
2023

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, to the herald examiner building in los angeles.
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$15,139,524
Invision AzProgram Support$50,000

Who funds Arizona State University Enterprise Partners

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
W P Carey Foundation (WPCF)Charitable$5,970,904
ASU FoundationProgram Support$2,923,297
Arizona State University Research ParkResearch Support$150,000
...and 12 more grants received

Personnel at Arizona State University Enterprise Partners

NameTitleCompensation
Augustine ChengMD and Chief Executive Officer$619,800
Daniel DillonPresident and Chief Executive Officer$795,656
Gretchen BuhligDirector and Chief Executive Officer$0
Debbie WilliamsChief Operations Officer$240,776
Jeff MindlinChief Investment Officer$359,841
...and 14 more key personnel

Financials for Arizona State University Enterprise Partners

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,334,297
Program services$3,655,351
Investment income and dividends$3,784,404
Tax-exempt bond proceeds$0
Royalty revenue$103,565
Net rental income$245,473
Net gain from sale of non-inventory assets$7,598
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,415,829
Total revenues$17,546,517

Form 990s for Arizona State University Enterprise Partners

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-28990View PDF
2022-062023-04-20990View PDF
2021-062021-11-23990View PDF
2020-062021-04-02990View PDF
2019-062020-11-10990View PDF
...and 2 more Form 990s
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $2,923,297 from ASU Foundation
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $5,970,904 from W P Carey Foundation (WPCF)
August 19, 2023
Received grants
Identified 12 new grant, including a grant for $3,490,000 from ASU Research Enterprise
Nonprofit Types
Trade associationsBusiness and community development organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Science and technologyEducationBusiness and industry
Characteristics
Political advocacyLobbyingOperates 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
Central organization
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