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
Who funds ASU Foundation
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Arizona State University Enterprise Partners | 2023-06 | Program Support | $15,139,524 |
| Fidelity Investments Charitable Gift Fund | 2023-06 | For Grant Recipient's Exempt Purposes | $3,306,972 |
| Walton Family Foundation | 2022-12 | To Support the Center on Reinventing Public Education (Crpe), Housed Within Arizona State University's (Asu) Mary Lou Fulton College of Education, To Execute Multi-Year Research and Thought Leadership Projects and To Design and Run A New Innovative Grants Program. | $2,611,048 |
| ...and 349 more grants received totalling $74,039,312 |
Personnel at ASU Foundation
| Name | Title | Compensation | Date of data |
|---|
| Gretchen E. Buhlig | Chief Executive Officer | $587,721 | 2024-04-23 |
| Virginia Desanto | Board Member | $0 | 2024-04-23 |
| Lauren Brown | Chief of Staff and Assistant Vice President, Development Services | | 2023-01-23 |
| Lauren Brown Serves | Chief of Staff and Vice President, Development Services | | 2024-04-23 |
| Mark Antonucci | Vice President , Rutgers University Foundation | | 2023-01-23 |
| ...and 27 more key personnel |
Financials for ASU Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $261,097,755 | $219,622,717 | 18.9% |
| Program services | $1,014,067 | $759,123 | 33.6% |
| Investment income and dividends | $26,948,907 | $25,139,701 | 7.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $12,436 | $31,180 | -60.1% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $6,813,979 | $46,487,964 | -85.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $3,431,983 | $3,433,511 | 0% |
| Total revenues | $299,319,127 | $295,474,196 | 1.3% |
Organizations like ASU Foundation
| Organization | Type | Location | Revenue |
|---|
| Virginia Tech Foundation | 501(c)(3) | Blacksburg, VA | $222,260,777 |
| Washington State University Foundation (WSU) | 501(c)(3) | Pullman, WA | $106,044,352 |
| Georgia Tech Foundation | 501(c)(3) | Atlanta, GA | $238,958,217 |
| The Florida State University Foundation | 501(c)(3) | Tallahassee, FL | $96,038,685 |
| Kansas State University Foundation | 501(c)(3) | Manhattan, KS | $185,341,726 |
| Wisconsin Foundation and Alumni Association (UWF) | 501(c)(3) | Madison, WI | $490,458,457 |
| Philadelphia Foundation (PF) | 501(c)(3) | Philadelphia, PA | $80,318,312 |
| The Pittsburgh Foundation | 501(c)(3) | Pittsburgh, PA | $91,513,611 |
| University of Illinois Foundation | 501(c)(3) | Champaign, IL | $450,262,389 |
| University of Arizona Foundation | 501(c)(3) | Tucson, AZ | $221,291,216 |
Data update history
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 organizationsSchoolsHeadquarter / 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/Â
- Phone
- (480) 965-3759
- Facebook page
- asufoundationÂ
- Twitter profile
- @asufoundationÂ
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
- FTB status revoked
- Revoked
- AG Registration Number
- CT0212368
- FTB Entity ID
- 3519087
- AB 488 data last updated ("as-of") date
- 2024-11-20
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