ARIZONA STATE UNIVERSITY FOUNDATION FOR

TEMPE, AZ, 852802260 (480) 965-3759 Est. 1955 EIN 86-6051042
B110 - Education 990 - Public charity return 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
153
Total Giving
$783.9M
Recipients
151
Years Active
2019 - 2024
Avg grant: $5,390,519 Median: $26,450

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202422$192.8M $8.8M913
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
34
International & Foreign Affairs
10
Arts, Culture & Humanities
10
Human Services
8
Public & Societal Benefit
8
Community Improvement
7
Philanthropy & Grantmaking
6
Health Care
5
and 4 more sectors

Top States

Arizona
106
District of Columbia
10
New York
8
Texas
7
Minnesota
5
Hawaii
3
Virginia
3
Washington
2
and 8 more states

Grantee Size Profile

$1M - $5M
48
$5M - $10M
19
$10M - $50M
17
Over $50M
12
$100K - $500K
12
$500K - $1M
11
Under $100K
4

Top Grantees

Page 1 of 3
ARIZONA STATE UNIVERSITY
AZ - 6 grants
$720.2M
$21.9M
$4.1M
$3.4M
$1.8M
$1.5M

Grants Awarded · 125 grants

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Financials

Total Revenue
$452,595,918
Total Expenses
$235,333,977
Net Assets
$1,720,240,732
255 employees 24 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
7.3 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 63.9%
Expenses ↑ 10.1%
Revenue Sources
Contributions 80.1% Earned revenue 0.2% Investment 18.7% Other 1.0%
Expense Breakdown
Program 88.3% Management 0.9% Fundraising 10.8%

Officers & Trustees (33)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$452,595,918 ↑$235,333,977$1,720,240,732
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$276,143,909 ↓$213,676,231$1,496,543,442
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$299,319,127 ↑$173,459,672$1,383,303,976
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$295,474,196 ↑$172,089,032$1,253,831,500
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$233,378,142 ↓$141,528,221$1,182,990,739
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$234,163,963 $167,164,857$994,294,752

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