Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $4,386,132

• 1f · All other contributions, gifts and grants

  $357,984,067

• 1g · Noncash contributions included above

  $3,416,954

• 2a · Program service revenue: PROGRAM SUPPORT

  total $783,164 · related or exempt $783,164

• 2b · Program service revenue: PROGRAM REV & MEMBERS

  total $57,919 · related or exempt $57,919

• 3 · Investment income

  total $32,717,407 · unrelated business $3,929,993 · excluded $28,787,414

• 5 · Royalties

  total $5,742 · excluded $5,742

• 7a · Gross sales of assets other than inventory

  securities $63,654,461

• 7b · Less cost or other basis and sales expenses

  securities $11,751,184

• 7c · Gain or loss

  securities $51,903,277

• 7d · Net gain or loss

  total $51,903,277 · excluded $51,903,277

• 11a · Other revenue: ASSET MANAGEMENT FEES

  total $4,058,675 · related or exempt $4,058,675

• 11b · Other revenue: COST-SHARE REIMBURSEME

  total $693,870 · related or exempt $693,870

• 11c · Other revenue: MISCELLANEOUS

  total $5,665 · related or exempt $5,665

• 11e · Other revenue, total

  $4,758,210

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $193,107,473 · program services $193,107,473

• 3 · Grants to foreign organizations and individuals

  total $275,000 · program services $275,000

• 5 · Compensation of officers, directors and key employees

  total $710,264 · program services $177,566 · management and general $355,132 · fundraising $177,566

• 6 · Compensation of disqualified persons

  total $286,631 · fundraising $286,631

• 7 · Other salaries and wages

  total $14,656,679 · program services $40,690 · fundraising $14,615,989

• 8 · Pension plan contributions

  total $1,000,919 · fundraising $1,000,919

• 9 · Other employee benefits

  total $2,774,744 · program services $37,429 · fundraising $2,737,315

• 10 · Payroll taxes

  total $1,394,736 · fundraising $1,394,736

• 11b · Fees: legal

  total $50,033 · program services $50,033

• 11c · Fees: accounting

  total $205,538 · management and general $205,538

• 11e · Fees: professional fundraising services

  total $1,188,000 · fundraising $1,188,000

• 11f · Fees: investment management

  total $4,843,796 · program services $4,843,796

• 11g · Fees: other

  total $3,624,015 · program services $2,570,126 · management and general $396,890 · fundraising $656,999

• 12 · Advertising and promotion

  total $268,000 · program services $30,909 · management and general $4,600 · fundraising $232,491

• 13 · Office expenses

  total $1,565,960 · program services $705,188 · management and general $178,604 · fundraising $682,168

• 14 · Information technology

  total $225,633 · program services $29,206 · management and general $152,913 · fundraising $43,514

• 16 · Occupancy

  total $407,149 · program services $1,269 · management and general $389,856 · fundraising $16,024

• 17 · Travel

  total $1,753,538 · program services $844,338 · management and general $88,427 · fundraising $820,773

• 19 · Conferences, conventions and meetings

  total $158,973 · program services $12,157 · management and general $28,804 · fundraising $118,012

• 23 · Insurance

  total $21,953 · program services $20,925 · management and general $187 · fundraising $841

• 24a · Other expenses: MEALS AND CULTIVATION

  total $6,155,219 · program services $4,608,509 · management and general $213,579 · fundraising $1,333,131

• 24b · Other expenses: FEES AND SUBSCRIPTION

  total $442,571 · program services $268,172 · management and general $4,822 · fundraising $169,577

• 24e · All other expenses

  total $217,153 · program services $200,693 · fundraising $16,460

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,079,009 · end of year $3,967,088

• 3 · Pledges and grants receivable

  beginning of year $241,997,411 · end of year $312,721,215

• 4 · Accounts receivable

  beginning of year $2,771,553 · end of year $4,849,428

• 9 · Prepaid expenses and deferred charges

  beginning of year $76,391 · end of year $92,086

• 10a · Land, buildings and equipment: cost or other basis

  $19,778,736

• 10b · Land, buildings and equipment: accumulated depreciation

  $215,554

• 10c · Land, buildings and equipment, net

  beginning of year $18,963,182 · end of year $19,563,182

• 11 · Investments: publicly traded securities

  beginning of year $698,813,189 · end of year $827,703,495

• 12 · Investments: other securities

  beginning of year $1,033,614,085 · end of year $1,120,020,183

• 15 · Other assets

  beginning of year $36,118,785 · end of year $15,547,175

• 17 · Accounts payable and accrued expenses

  beginning of year $6,250,940 · end of year $8,322,937

• 20 · Tax-exempt bond liabilities

  beginning of year $24,507,166 · end of year $22,840,151

• 21 · Escrow or custodial account liability

  beginning of year $506,097,211 · end of year $547,794,820

• 25 · Other liabilities

  beginning of year $5,034,846 · end of year $5,265,212

• 27 · Net assets without donor restrictions

  beginning of year -$3,806,716 · end of year $47,496

• 28 · Net assets with donor restrictions

  beginning of year $1,500,350,158 · end of year $1,720,193,236

The filer's explanations (Part III)

PART I, LINE 7

NON-FIXED PAYMENTS BONUSES ARE GIVEN ON A DISCRETIONARY BASIS BASED ON PERFORMANCE REVIEWS AT THE END OF THE YEAR.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ASUF DC LLC

  REAL ESTATE · AZ · income $3,159,914 · assets $21,326,155

  Directly controlled by ASUF

• ASUF VENTURE HOLDINGS LLC

  HOLDING CO. · AZ · income $0 · assets $0

  Directly controlled by ASUF

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST (7)

  T · CHARIT REM TR · AZ

  Directly controlled by ASUF

• TEOTIHUACAN HOLDING LLC

  C · HOLDING CO. · DE

  Directly controlled by ECASU

• SS SPORTFISHING INC

  C · HOLDING CO. · HI

  Directly controlled by ECASU

• ECASU EGYPT CENTER OF EXCELLENCE FOR ENERGY RESEARCH

  C · EDUCATION · EG

  Directly controlled by ECASU