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Arizona State University Foundation for a New American University

Public charity990-T FY2023
DBA: % VIRGINIA E DESANTO
Other · TEMPE, AZ · EIN 86-6051042

About

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.

In care of Virginia E Desanto

Donations are tax-deductible
Category
Other
Employees
212
Volunteers
27

Financial Snapshot

FY ending 2024-06-30
Revenue
$276.1M
Expenses
$213.7M
Assets
$2.0B
Liabilities
$541.9M

Financial history

$299.3M$149.7M$0
1718192021222324
RevenueExpenses
Latest FY2024: $276.1M · Peak FY2023: $299.3M · Avg: $243.6M

Foreign activity (Schedule F)

Total spent abroad$283.8M
Foreign employees1
Foreign offices1
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EAST ASIA AND THE PACIFIC——
NORTH AMERICA——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
NORTH AMERICA——
CENTRAL AMERICA AND THE CARIBBEAN——
EAST ASIA AND THE PACIFIC——
SUB-SAHARAN AFRICA——
MIDDLE EAST AND NORTH AFRICA——

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
—
Lobbying
$0
Grants Given
$70.6M
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY
Your actions

Address

PO BOX 2260attn Payroll Benefits
Tempe, AZ, 85281-000

Governance

Voting board members26
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %1.8%
Permanent endowment %85.1%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$5.3M
Net to org$5.0M
Retained by contractors$1.8M
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.