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
2023-06-01
NTEE code, primary
Description
The Arkansas State University System Foundation provides financial assistance to all member campuses of the Arkansas State University System in support of administrative functions like academic affairs, student affairs, and residence life. Its primary purpose 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. The foundation is located in State University, AR.
Total revenues
$10,187,918
2023
Total expenses
$10,145,082
2023
Total assets
$129,583,231
2023
Num. employees
0
2023

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.$741,891
Arkansas State University Red Wolves FoundationTo Provide Support To Arkansas State University Red Wolves Foundation, Inc.$64,955

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
Judd Hill Foundation Trust$300,500
Arkansas State College FoundationUniversity Advancement$185,358
...and 32 more grants received totalling $2,488,250

Personnel at Arkansas State University System Foundation

NameTitleCompensation
Philip JacksonFormer President / Former President / President / Treasurer / Chief Financial Officer$149,090
Nicole FreyPresident$22,500
Melissa LivingstonBoard Liason$47,688
Pam KailBoard Member$0
Hazel DickeyVice Chairman$0
...and 3 more key personnel

Financials for Arkansas State University System Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$7,156,884
Program services$0
Investment income and dividends$2,351,489
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$244,170
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$435,375
Total revenues$10,187,918

Form 990s for Arkansas State University System Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-10990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s

Organizations like Arkansas State University System Foundation

OrganizationLocationRevenue
Casper College FoundationCasper, WY$12,849,516
Cedar Falls Schools FoundationCedar Falls, IA$2,663,127
VMI FoundationLexington, VA$26,268,516
Central Wyoming College FoundationRiverton, WY$3,199,125
Indian River State College Foundation (IRSC)Fort Pierce, FL$12,074,877
Pasco-Hernando State College FoundationNew Port Richey, FL$4,274,669
Metropolitan State University of Denver FoundationDenver, CO$13,343,630
Vincennes University FoundationVincennes, IN$8,905,689
Lehman College FoundationBronx, NY$4,243,493
Massachusetts College of Art and Design FoundationBoston, MA$3,639,374
Data update history
October 20, 2024
Received grants
Identified 15 new grant, including a grant for $300,500 from Judd Hill Foundation Trust
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 6, 2024
Updated personnel
Identified 1 new personnel
July 11, 2024
Received grants
Identified 5 new grant, including a grant for $185,358 from Arkansas State College Foundation
February 4, 2024
Received grants
Identified 17 new grant, including a grant for $150,000 from The Robert D and Patricia E Kern Family Foundation
Nonprofit Types
Grantmaking organizationsCorporate foundationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 1990
State University, AR 72467
Metro area
Jonesboro, AR
County
Craighead County, AR
Website URL
asusystemfoundation.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
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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