ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

TEMPE, AZ, 85281-0000 (480) 965-1791 Est. 1955 EIN 86-6051042
B110— Education Form 990 501(c)(3)
WWW.ASUFOUNDATION.ORG

Mission

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.

Giving Portfolio

Total Grants
131
Total Giving
$591.2M
Recipients
129
Years Active
2019 - 2023
Avg grant: $4,716,125 Median: $20,300

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202332$170.7M $5.3M1121
202231$138.3M $4.5M1219
202125$140.6M $5.6M1113
202016$114.6M $7.2M411
201927$26.9M $998K270

Sectors Funded

Education
29
Arts, Culture & Humanities
8
Public & Societal Benefit
7
International & Foreign Affairs
7
Human Services
7
Philanthropy & Grantmaking
6
Community Improvement
5
Health Care
3
and 4 more sectors

Top States

Arizona
90
District of Columbia
9
Texas
6
New York
6
Minnesota
4
Hawaii
3
Virginia
3
Washington
2
and 7 more states

Grantee Size Profile

$1M - $5M
40
$10M - $50M
15
$500K - $1M
12
$5M - $10M
12
Over $50M
11
$100K - $500K
10
Under $100K
4

Top Grantees

ARIZONA STATE UNIVERSITY
AZ - 5 grants
$545.8M
$9.1M
$3.4M
$1.5M
and 15 more grantees

Grants Awarded · 106 grants

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Financials

Total Revenue
$276,143,909
Total Expenses
$213,676,231
Net Assets
$1,496,543,442
212 employees 27 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
7.0 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 7.7%
Expenses ↑ 23.2%
Revenue Sources
Contributions 76.6% Earned revenue 0.4% Investment 21.7% Other 1.0%
Expense Breakdown
Program 87.7% Management 0.6% Fundraising 11.8%

Officers & Trustees (37)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$276,143,909 $213,676,231$1,496,543,442
2022 Form 990$299,319,127 $173,459,672$1,383,303,976
2021 Form 990$295,474,196 $172,089,032$1,253,831,500
2020 Form 990$233,378,142 $141,528,221$1,182,990,739
2019 Form 990$234,163,963 $167,164,857$994,294,752

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EIN: 86-6051042 · Source: IRS Form 990 e-file data