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
-
$168,356,121
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
EARTH SCHOOL EDUCATIONAL FOUNDATION
$577,309
PROGRAM SUPPORT
-
$207,455
PROGRAM SUPPORT
-
$150,000
PROGRAM SUPPORT
-
$140,000
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
$92,001
PROGRAM SUPPORT
-
$63,535
PROGRAM SUPPORT
-
$44,000
PROGRAM SUPPORT
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
-
501(C)(3) · SUPPORT · AZ
Directly controlled by EP
-
501(C)(3) · SUPPORT · AZ
Directly controlled by EP
-
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
-
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
-
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
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