EIN 86-6051042

ASU Foundation

IRS 501(c) type
501(c)(3)
Num. employees
212
City
State
Year formed
1955
Most recent tax filings
2024-06-01
NTEE code, primary
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
$276,143,909
2024
Total expenses
$213,676,231
2024
Total assets
$2,038,433,605
2024
Num. employees
212
2024

Program areas at ASU Foundation

Research support - the Asu Foundation provided more than $76.9 million in research funding for Asu. The Asu Foundation received more than $80 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 $43 million for Asu programs that assist undergraduate and graduate students. Asu Foundation received over $44 million of contributions to support faculty recognition and professorships and for student support.
Specific University programs - the Asu Foundation provided more than $39 million in support of sustainability and education activities, entrepreneurial activities, and programming activities. Asu Foundation received over $40 million in contributions to support these activities.
The Asu Foundation provded over $27.9 million to support the education, research, public service, and other activities of Arizona State University. In addition to the more than $4 million of program revenue, Asu Foundation provided over $28 million of contributions in support of these activities.

Grants made by ASU Foundation

GranteeGrant descriptionAmount
Thunderbird School of Global Management at Arizona State UniversityProgram Support$629,134
Carbon NationProgram Support$577,309
Arizona State University Enterprise PartnersProgram Support$207,455
...and 24 more grants made totalling $2,263,885

Who funds ASU Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arizona Community FoundationGeneral Support$3,638,126
Silicon Valley Community Foundation (SVCF)Education$3,449,598
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,306,972
...and 344 more grants received totalling $68,585,216

Financials for ASU Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$211,476,822
Program services$1,047,011
Investment income and dividends$29,510,689
Tax-exempt bond proceeds$0
Royalty revenue$34,665
Net rental income$0
Net gain from sale of non-inventory assets$30,452,437
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,622,285
Total revenues$276,143,909
Data update history
April 26, 2025
Posted financials
Added Form 990 for fiscal year 2024
April 25, 2025
Updated personnel
Identified 3 new personnel
April 22, 2025
Received grants
Identified 31 new grant, including a grant for $3,638,126 from Arizona Community Foundation
April 21, 2025
Used new vendors
Identified 1 new vendor, including
March 14, 2025
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsPolitical advocacyProvides grantsLobbyingOperates internationallyState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
PO Box 2260
Tempe, AZ 85280
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Website URL
asufoundation.org/home 
Phone
(480) 965-3759
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
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0212368
FTB Entity ID
3519087
AB 488 data last updated ("as-of") date
2025-07-02
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