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← ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

Form 990 for tax year 2023

Filed by ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY.

Totals

Total revenue
$276,143,909
Total expenses
$213,676,231
Contributions and grants received
$211,476,822
Grants paid
$171,068,054
Program services expenses (Part IX)
$187,315,919
Management and general expenses
$1,188,460
Fundraising expenses
$25,171,852
Program service expenses (Part III)
$187,315,919

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DANIEL DILLON DIRECTOR ASUF

    (THRU 3/24)/CEO ASUEP (THRU 12/23)

    Total calculated
    $900,539
    From this org
    $0
    From related orgs
    $824,034
    Other
    $76,505
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $565,792 related
    Bonus
    $0 + $235,000 related
    Other
    $0 + $23,242 related
    Deferred
    $0 + $45,600 related
    Nontaxable benefits
    $0 + $30,905 related
    Filer's total
    $0 + $900,539 related
  • GRETCHEN BUHLIG

    CHIEF EXECUTIVE OFFICER ASUF

    Total calculated
    $693,797
    From this org
    $611,432
    From related orgs
    $0
    Other
    $82,365
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $488,890
    Bonus
    $113,000
    Other
    $9,542
    Deferred
    $45,600
    Nontaxable benefits
    $36,765
    Filer's total
    $693,797
  • JACQUELINE SMITH

    VICE PRESIDENT

    Total calculated
    $407,685
    From this org
    $354,662
    From related orgs
    $0
    Other
    $53,023
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,162
    Bonus
    $78,500
    Other
    $0
    Deferred
    $21,635
    Nontaxable benefits
    $31,388
    Filer's total
    $407,685
  • PATRICK MCDERMOTT

    CHIEF ENGAGEMENT OFFICER THUNDERBIRD

    Total calculated
    $385,051
    From this org
    $339,737
    From related orgs
    $0
    Other
    $45,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $281,737
    Bonus
    $58,000
    Other
    $0
    Deferred
    $21,768
    Nontaxable benefits
    $23,546
    Filer's total
    $385,051
  • ERIC SPICER

    VICE PRESIDENT UNIT DEVELOPMENT

    Total calculated
    $369,031
    From this org
    $327,226
    From related orgs
    $0
    Other
    $41,805
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,376
    Bonus
    $56,850
    Other
    $0
    Deferred
    $21,416
    Nontaxable benefits
    $20,389
    Filer's total
    $369,031
  • SUZANNE RINKER

    VICE PRESIDENT ENTERPRISE DEVELOPMENT

    Total calculated
    $362,424
    From this org
    $310,645
    From related orgs
    $0
    Other
    $51,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,220
    Bonus
    $43,425
    Other
    $0
    Deferred
    $19,451
    Nontaxable benefits
    $32,328
    Filer's total
    $362,424
  • BILL KAVAN

    VICE PRESIDENT ENGAGEMENT & OUTREACH

    Total calculated
    $359,939
    From this org
    $316,120
    From related orgs
    $0
    Other
    $43,819
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,325
    Bonus
    $48,795
    Other
    $0
    Deferred
    $20,935
    Nontaxable benefits
    $22,884
    Filer's total
    $359,939
  • VIRGINIA DESANTO

    VICE PRESIDENT, CFO & TREASURER

    Total calculated
    $349,965
    From this org
    $0
    From related orgs
    $305,588
    Other
    $44,377
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,043 related
    Bonus
    $0 + $27,545 related
    Other
    $0
    Deferred
    $0 + $20,865 related
    Nontaxable benefits
    $0 + $23,512 related
    Filer's total
    $0 + $349,965 related
  • HOPE SHARETT

    SECRETARY/GENERAL COUNSEL (THRU 12/23)

    Total calculated
    $342,517
    From this org
    $0
    From related orgs
    $292,576
    Other
    $49,941
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,956 related
    Bonus
    $0 + $26,620 related
    Other
    $0
    Deferred
    $0 + $20,071 related
    Nontaxable benefits
    $0 + $29,870 related
    Filer's total
    $0 + $342,517 related
  • MARK SEARLE DIRECTOR ASUF

    CEO (ASUEP) (3/24 THRU 6/24)

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • JOHN GRAHAM

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • NITA FRANCIS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • NICOLE COLYER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • MACKENZIE WOODS

    INTERIM SECRETARY (1/24 THRU 5/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DENISE RESNIK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ROGER WITTLIN

    SENIOR INVESTMENT ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • KEITH WIRTZ

    DIRECTOR (THRU 5/24)

    Total calculated
    $0
    Hours/week
    1
  • LISA URIAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TONY SARSAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CHRIS HOWARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • HARRY PAPP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MORGAN OLSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • ANNE MARIUCCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • LISA LOO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JAZMIN MEDINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HIROSHI HAMADA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAY HEILER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • LAUREN BAILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • STEVE BETTS

    DIRECTOR (THRU 5/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • IRA FULTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DOUG FULTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MARY HENTGES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • STEVE EVANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL CROW

    ASU PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • SATJIV CHAHIL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MALISSIA CLINTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL AGUIRRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

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.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • TAYLOR TRUST FBO ASU FOUNDATION

    501(C)(3) · SUPPORT · AZ · controlled entity

    Directly controlled by ASUF

  • ASU RESEARCH ENTERPRISE

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • RESEARCH COLLABORATORY AT ASU

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • ASU ENTERPRISE PARTNERS

    501(C)(3) · HOLDING · AZ

  • ASU FOUNDATION MEXICO AC

    501(C)(3) · EDUCATION · MX

    Directly controlled by GLOBAL III

  • RCASU GERMANY GGMBH

    501(C)(3) · HOLDING CO. · GM

    Directly controlled by RCASU GERMANY

  • ECASU TRUST (MALAWI)

    501(C)(3) · EDUCATION · MI

    Directly controlled by ECASU

  • ECASU MOROCCO

    501(C)(3) · EDUCATION · MO

    Directly controlled by ECASU

  • ASU GLOBAL FOUNDATION UK LIMITED MICHELIN HOUSE

    501(C)(3) · SUPPORT · UK · controlled entity

    Directly controlled by ASUF

  • ASU ENTERPRISE PARTNERS OUTREACH HUB

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • NEWSWELL

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202510739349302111

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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