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Education : Scholarship and Financial Support (Grantmaking)

ASU Foundation

The ASU Foundation for A New American University's mission is to ensure the success of ASU as a New American University.

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Impact Information is available from our partner, GuideStar

four stars

95.99

300 East University Drive Tempe, AZ 85281
tel: (480) 965-3759   Web Site
EIN: 86-6051042

Board Leadership
Bill Post
Chair

CEO
Gretchen E. Buhlig
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 95.99 four stars
  Financial 95.20 four stars
  Accountability & Transparency 97.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The ASU Foundation for A New American University is a separate, affiliated 501(c)3 organization that raises and manages funds to support the work of Arizona State University. It is one of Arizona's oldest nonprofits, yet it also stands out as a vanguard for advancing innovative, nationally distinctive approaches to philanthropy. It is one of five affiliated organizations that make up ASU Enterprise Partners, an innovative organizational model designed to generate resources to meet the needs of ASU in a challenging funding environment.

Specifically, the foundation:
- Facilitates and receives all contributions to ASU, including that from individuals, corporations, foundations, and any other private source
- Directs major fundraising campaigns on behalf of ASU
- Oversees development efforts of ASU Enterprise Partners
- Disburses contributions according to the wishes of the donor
- Oversees management of investment assets
- Promotes a culture of philanthropy and generosity at ASU

The ASU Foundation for A New American University is a separate, affiliated 501(c)3 organization that raises and manages funds to support the work of Arizona State University. It is one of Arizona's oldest nonprofits, yet it also stands out as a vanguard for advancing innovative, nationally distinctive approaches to philanthropy. It is one of five affiliated organizations that make up ASU Enterprise Partners, an innovative organizational model designed to generate resources to meet the needs of ASU in a challenging funding environment.

Specifically, the foundation:
- Facilitates and receives all contributions to ASU, including that from individuals, corporations, foundations, and any other private source
- Directs major fundraising campaigns on behalf of ASU
- Oversees development efforts of ASU Enterprise Partners
- Disburses contributions according to the wishes of the donor
- Oversees management of investment assets
- Promotes a culture of philanthropy and generosity at ASU

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

95.20

Accountability & Transparency

four stars

97.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.6%
  Administrative Expenses 6.6%
  Fundraising Expenses 5.6%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 2.90
  Program Expenses Growth 7.7%
  Liabilities to Assets 17.0%
All data for Financial Performance Metrics calculations was provided by ASU Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ASU Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
ASU Foundation (AZ) 95.99 four stars
Kansas University Alumni Association (KS) 85.65 three stars
Oregon Health & Science University Foundation (OR) 91.97 four stars
The Alumni Association of the University of Virginia (VA) 92.35 four stars
Kappa Kappa Gamma Foundation (OH) 87.06 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $171,680,483
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $319,476
   Government Grants $0
Total Contributions $171,999,959
   Program Service Revenue $761,622
Total Primary Revenue $172,761,581
   Other Revenue $28,183,447
TOTAL REVENUE $200,945,028
   
EXPENSES  
   Program Expenses $115,919,888
   Administrative Expenses $9,426,787
   Fundraising Expenses $4,454,348
TOTAL FUNCTIONAL EXPENSES $129,801,023
   
Payments to Affiliates $8,887,711
Excess (or Deficit) for the year $71,144,005
   
Net Assets $837,241,131

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Specific University Programs $31,298,370 27.0%
Research Support $28,979,972 25.0%
Student and Faculty Support $15,069,585 13.0%

Ratings History
ASU Foundation has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 06/01/2019 95.99 four stars
2017-06 07/01/2018 97.70 four stars
2016-06 10/01/2017 98.23 four stars
2016-06 08/01/2017 96.66 four stars
2015-06 07/01/2016 96.66 four stars
2014-06 06/01/2016 95.42 four stars
 
CN 2.0
2014-06 09/01/2015 92.36 four stars
2013-06 07/01/2014 96.44 four stars
2012-06 06/01/2013 98.94 four stars
2011-06 07/01/2012 94.87 four stars
2010-06 11/01/2011 78.67 two stars
2009-06 09/20/2011 75.47 two stars
 
CN 1.0
2009-06 11/01/2010 66.25 one star
2008-06 09/01/2009 81.04 three stars
2007-06 04/01/2009 94.53 four stars
2006-06 09/01/2008 88.92 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 86-6051042
Name in IRS Master File ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY
NTEE Code B11
NTEE Classification Single Organization Support
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(602) Gifts, grants, or loans to other organizations
(922) Endowment fund or financial services
Foundation Status Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1958
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$330,016 0.25% Gretchen Buhlig CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
ASU Foundation (AZ) 95.99 four stars
Iowa State University Alumni Association (IA) 85.99 three stars
The Alumni Association of the University of Virginia (VA) 92.35 four stars
Old Dominion Athletic Foundation (VA) 89.39 three stars
United States Coast Guard Academy Alumni Association (CT) 86.53 three stars

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Charity Contact Info

ASU Foundation
300 East University Drive
Tempe, AZ 85281
tel: (480) 965-3759
fax: (480) 727-9656
EIN: 86-6051042

Mail donations to:
P.O. Box 2260
Tempe, AZ 85280

Visit Web Site

Board Leadership

Bill Post
Chair

CEO

Gretchen E. Buhlig
Chief Executive Officer

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