EIN 86-6051042

ASU Foundation

IRS 501(c) type
501(c)(3)
Num. employees
211
City
State
Year formed
1955
Most recent tax filings
2023-06-01
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
$299,319,127
2023
Total expenses
$173,459,672
2023
Total assets
$1,879,923,397
2023
Num. employees
211
2023

Program areas at ASU Foundation

Research support - the Asu Foundation provided more than $52 million in research funding for Asu. 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 $34 million for Asu programs that assist undergraduate and graduate students.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 $35 million in support of sustainability and education activities, entrepreneurial activities, and programming activities. Asu Foundation received over $25 million in contributions to support these activities.
The Asu Foundation provided over $26 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 $38 million of contributions in support of these activities.

Grants made by ASU Foundation

GranteeGrant descriptionAmount
Arizona State University Enterprise PartnersProgram Support$2,923,297
Carbon NationProgram Support$1,748,751
Hawaii Marine Education and Research CenterProgram Support$425,000
...and 22 more grants made totalling $6,295,284

Who funds ASU Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arizona State University Enterprise PartnersProgram Support$15,139,524
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,306,972
Schwab Charitable FundEducation$2,447,526
...and 345 more grants received totalling $78,849,497

Personnel at ASU Foundation

NameTitleCompensation
Gretchen E. BuhligChief Executive Officer$587,721
Virginia DesantoBoard Member$0
Lauren BrownChief of Staff and Assistant Vice President, Development Services
Lauren Brown ServesChief of Staff and Vice President, Development Services
Mark AntonucciVice President , Rutgers University Foundation
...and 27 more key personnel

Financials for ASU Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$261,097,755
Program services$1,014,067
Investment income and dividends$26,948,907
Tax-exempt bond proceeds$0
Royalty revenue$12,436
Net rental income$0
Net gain from sale of non-inventory assets$6,813,979
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,431,983
Total revenues$299,319,127

Form 990s for ASU Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-29990View PDF
2022-062023-02-28990View PDF
2021-062021-11-23990View PDF
2020-062021-04-01990View PDF
2019-062020-10-29990View PDF
...and 9 more Form 990s

Organizations like ASU Foundation

OrganizationLocationRevenue
Virginia Tech FoundationBlacksburg, VA$222,260,777
The Pittsburgh FoundationPittsburgh, PA$80,275,888
Georgia Tech FoundationAtlanta, GA$238,958,217
Washington State University Foundation (WSU)Pullman, WA$106,044,352
Kansas State University FoundationManhattan, KS$185,341,726
The Florida State University FoundationTallahassee, FL$96,038,685
Wisconsin Foundation and Alumni Association (UWF)Madison, WI$490,458,457
New Hampshire Charitable FoundationConcord, NH$93,727,028
Mississippi State University FoundationMississippi State, MS$194,265,395
Clemson University FoundationClemson, SC$75,039,646
Data update history
November 26, 2024
Received grants
Identified 44 new grant, including a grant for $1,340,000 from Ascendium Education Solutions
August 2, 2024
Received grants
Identified 91 new grant, including a grant for $15,139,524 from Arizona State University Enterprise Partners
May 20, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsCorporate foundationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political 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
B43: University or Technological Institute
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 - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0212368
FTB Entity ID
3519087
AB 488 data last updated ("as-of") date
2025-02-05
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