2024-03-29T16:22:12-05:00 2023-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-07-01 866051042 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ARIZ 4809653759 PO BOX 2260 TEMPE AZ 852802260 VIRGINIA E DESANTO TREASURER 4809651791 2024-03-29 1 VIRGINIA DESANTO XXX-XX-XXXX 0 DANIEL ROMANO P00504182 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ASU FOUNDATION GRETCHEN BUHLIG PO BOX 2260 TEMPE AZ 852802260 902363446 0 X WWW.ASUFOUNDATION.ORG X 1955 AZ 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. 25 22 211 25 983115 0 219622717 261097755 759123 1014067 71627665 33762886 3464691 3444419 295474196 299319127 140765492 138871301 0 0 12047872 18037318 712980 1986817 23572047 18562688 14564236 172089032 173459672 123385164 125859455 1713596162 1879923397 459764662 496619421 1253831500 1383303976 X 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. 0 0 52242075 48604955 0 RESEARCH SUPPORT - THE ASU FOUNDATION PROVIDED MORE THAN $52 MILLION IN RESEARCH FUNDING FOR ASU. THE ASU FOUNDATION RECEIVED MORE THAN $46 MILLION OF CONTRIBUTIONS TO SUPPORT ASU RESEARCH IN INFORMATION PRIVACY AND SECURITY; SUPPLY CHAIN MANAGEMENT; ENVIRONMENT AND SUSTAINABILITY; EARLY CHILDHOOD EDUCATION AND OTHER AREAS. 35823137 33329112 0 SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $35 MILLION IN SUPPORT OF SUSTAINABILITY AND EDUCATION ACTIVITIES, ENTREPRENEURIAL ACTIVITIES, AND PROGRAMMING ACTIVITIES. ASU FOUNDATION RECEIVED OVER $25 MILLION IN CONTRIBUTIONS TO SUPPORT THESE ACTIVITIES. 34330506 31940399 0 STUDENT AND FACULTY SUPPORT - THE ASU FOUNDATION PROVIDED OVER $34 MILLION FOR ASU PROGRAMS THAT ASSIST UNDERGRADUATE AND GRADUATE STUDENTS.ASU FOUNDATION RECEIVED OVER $30 MILLION OF CONTRIBUTIONS TO SUPPORT FACULTY RECOGNITION AND PROFESSORSHIPS AND FOR STUDENT SUPPORT. 26867353 24996835 4446050 THE ASU FOUNDATION PROVIDED OVER $26 MILLION TO SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. IN ADDITION TO THE MORE THAN $4 MILLION OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED OVER $38 MILLION OF CONTRIBUTIONS IN SUPPORT OF THESE ACTIVITIES. 26867353 24996835 4446050 149263071 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 292 0 1 211 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 25 22 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X VIRGINIA E DESANTO 4809651791 300 E UNIVERSITY DRIVE TEMPE AZ 85281 DANIEL DILLON DIRECTOR (ASUF)/CEO (ASUEP) 1.00 49.00 X 0 795656 70818 VIRGINIA E DESANTO VICE PRESIDENT, CFO & TREASURER 10.00 40.00 X X 0 295537 36489 MICHAEL AGUIRRE DIRECTOR (AS OF 05/2023) 1.00 0.00 X 0 0 0 LAUREN BAILEY DIRECTOR 2.00 0.00 X 0 0 0 STEVE BETTS CHAIR (UR) 1.00 1.00 X 0 0 0 MALISSIA CLINTON DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL CROW ASU PRESIDENT 1.00 1.00 X 0 0 0 STEVE EVANS DIRECTOR 1.00 0.00 X 0 0 0 NITA FRANCIS VICE-CHAIR 1.00 1.00 X 0 0 0 DOUG FULTON DIRECTOR 2.00 0.00 X 0 0 0 IRA FULTON DIRECTOR 2.00 0.00 X 0 0 0 JOHN GRAHAM CHAIR 1.00 1.00 X 0 0 0 HIROSHI HAMADA DIRECTOR (AS OF 05/2023) 1.00 0.00 X 0 0 0 JAY HEILER DIRECTOR 2.00 0.00 X 0 0 0 MARY HENTGES DIRECTOR 2.00 0.00 X 0 0 0 CHRIS HOWARD DIRECTOR 1.00 1.00 X 0 0 0 LISA LOO DIRECTOR 1.00 1.00 X 0 0 0 ANNE MARIUCCI DIRECTOR 1.00 1.00 X 0 0 0 MORGAN OLSEN DIRECTOR 1.00 2.00 X 0 0 0 HARRY PAPP DIRECTOR 2.00 0.00 X 0 0 0 WILLIAM POST DIRECTOR & EP CHAIR (THRU 05/2023) 1.00 1.00 X 0 0 0 DENISE RESNIK DIRECTOR 2.00 0.00 X 0 0 0 TONY SARSAM DIRECTOR 2.00 0.00 X 0 0 0 GARY TRUJILLO DIRECTOR (THRU 05/2023) 2.00 0.00 X 0 0 0 LISA URIAS DIRECTOR 2.00 0.00 X 0 0 0 KEITH WIRTZ DIRECTOR 1.00 0.00 X 0 0 0 ROGER WITTLIN SENIOR INVESTMENT ADVISOR 1.00 1.00 X 0 0 0 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER (ASUF) 49.00 1.00 X 587721 0 67010 HOPE SHARETT SECRETARY/GENERAL COUNSEL 1.00 49.00 X 0 296500 40360 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 40.00 0.00 X 298767 0 40788 JACQUELINE SMITH VICE PRESIDENT 40.00 0.00 X 274647 0 44725 SUZANNE RINKER VP ENTERPRISE DEVELOPMENT 40.00 0.00 X 267867 0 43025 ERIC SPICER VICE PRESIDENT UNIT DEVELOPMENT 40.00 0.00 X 262860 0 37016 BILL KAVAN VICE PRESIDENT ENGAGEMENT & OUTREACH 40.00 0.00 X 267203 0 30322 1959065 1387693 410553 46 0 1 0 BLACKROCK INC 55 EAST 52ND STREET NEW YORK NY 10055 OUTSOURCED CIO 1537376 TRUE SENSE MARKETING INC PO BOX 645421 PITTSBURGH PA 152645421 CONSULTING 717118 LAUREL STRATEGIES INC 4A OXFORD STREET CHEVY CHASE MD 20815 CONSULTING 600000 QUESTEX LLC 3 SPEEN STREET SUITE 300 FRAMINGHAM MA 01701 EVENT PLANNING 359250 NJI MEDIA 101 1/2 SOUTH UNION STREET ALEXANDRIA VA 22314 CONSULTING 288238 20 X 15225581 245872174 1283084 261097755 PROGRAM SUPPORT 611710 974543 974543 PROGRAM REV & MBRSHP 541900 39524 39524 1014067 26948907 983115 25965792 12436 12436 609858298 603044319 6813979 6813979 6813979 ASSET MANAGEMENT FEES 900099 3284316 3284316 MISCELLANEOUS 900099 147667 147667 3431983 299319127 4446050 983115 32792207 X 138492309 138492309 378992 378992 590426 118085 118085 354256 270843 270843 13571570 14158 57 13557355 831433 831433 1782549 2912 140485 1639152 990497 990497 10474 10474 145458 5556 139902 1986817 1986817 2676694 2676694 2558979 1810940 70845 677194 249464 7830 241634 1315296 754259 26998 534039 42117 24418 11013 6686 12256 25 12231 1612182 932345 5393 674444 141753 41199 3024 97530 20574 19077 1497 MEALS AND CULTIVATION 5344213 3817914 11213 1515086 FEES AND SUBSCRIPTIONS 319562 113512 88792 117258 MISCELLANEOUS 115214 42397 8722 64095 173459672 149263071 624554 23572047 8334447 8711317 155822330 217144326 8780976 2367092 0 120141 20878736 215554 664670 20663182 654916306 678266119 864956119 929563391 20121314 23087829 1713596162 1879923397 25293764 4478549 0 26119181 430574467 460874418 3896431 5147273 459764662 496619421 X 4472089 -1804299 1249359411 1385108275 1253831500 1383303976 1713596162 1879923397 X 125859455 38740817 -35127796 X 0 1 X 1 0 X 183737843 173596169 153097956 219622717 261097755 991152440 183737843 173596169 153097956 219622717 261097755 991152440 26072432 965080008 13903084 17944330 14217519 24540818 25978228 96583979 630063 983115 1613178 1089349597 19034709 0.88590 0.89290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 335408 0 335408 147210931 182229335 147210931 182564743 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 418965 387280 309780 335408 1451433 250000 250000 250000 250000 1000000 1500000 124750 102250 0 0 227000 SCHEDULE C, PART II-A: INFORMATION REGARDING LOBBYING ACTIVITIES AS A PART OF ITS MISSION, ASUF'S PARENT ORGANIZATION, ASU ENTERPRISE PARTNERS, CONTRIBUTES TO PUBLIC COMMUNICATION AND ADVOCACY ACTIVITIES THAT SUPPORT HIGHER EDUCATION IN ARIZONA AND THE NEED FOR ADEQUATE FUNDING TO PROVIDE EXCELLENT EDUCATIONAL OPPORTUNITIES FOR ARIZONA RESIDENTS. 1 1687572 71460 68753 1827785 1 X 884997188 70183235 40893938 32564998 13324799 950184564 846077421 77196604 21347016 45110349 14513504 884997188 670900763 42560940 172311073 27373304 12332051 846067421 640042430 31582931 34863598 23827409 11760787 670900763 553203978 62208311 61651872 26990053 10031678 640042430 0.02100 0.84800 0.13100 0 0 20663182 20663182 215554 215554 0 20663182 GLOBAL EQUITIES 147342628 F GLOBAL FIXED INCOME 101537963 F DIVERSIFYING STRATEGIES 221746932 F REAL ASSETS 116256692 F PRIVATE CAPITAL 342679176 F 929563391 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 5147273 5147273 X 313770837 38740817 9958545 -34655438 14043924 299726913 2676694 -3084480 -407786 299319127 184248209 9958545 3508252 13466797 170781412 2676694 1566 2678260 173459672 PART IV, LINE 1B: ESCROW AND CUSTODIAL ARRANGEMENTS THE FOUNDATION IS THE SOLE TRUSTEE OF TAYLOR TRUST FBO ASU FOUNDATION (TAYLOR TRUST). TAYLOR TRUST'S MISSION IS TO ESTABLISH AND MAINTAIN THE FRED E. TAYLOR CHAIRED PROFESSORSHIP IN REAL ESTATE AT THE ARIZONA STATE UNIVERSITY W.P. CAREY SCHOOL OF BUSINESS. PART IV, LINE 2B: ESCROW OR CUSTODIAL ACCOUNT LIABILITY ASUF HOLDS ASSETS AS THE TRUSTEE OF A GRANTOR TRUST FOR ASU AND HOLDS ASSETS UNDER AN INVESTMENT SERVICES AGREEMENT WITH THE ASU ALUMNI ASSOCIATION AND THE BERMUDA INSTITUTE OF OCEAN SCIENCES (BIOS). PART V, LINE 4: INTENDED USE OF ENDOWMENT ALL ENDOWMENT EXPENDITURES SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE, AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITION (ASC 740) THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY AS DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(IV) OF THE INTERNAL REVENUE CODE. TAYLOR TRUST FBO ASU FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY AS A SUPPORTING ORGANIZATION CONTROLLED BY THE FOUNDATION. ASU GLOBAL FOUNDATION UK LIMITED IS A FOREIGN NONPROFIT ORGANIZATION, THEREFORE IT REPORTS INCOME AND EXPENSES SEPARATELY FROM ASUF FOR TAX PURPOSES. THE ORGANIZATION IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. EACH ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE TAX YEARS ENDING JUNE 30, 2023, 2022, 2021, AND 2020 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ASSETS DUE TO OTHERS -30,090,903. CHANGE IN VALUE IN SPLIT-INTEREST AGREEMENTS -904,605. RESTRUCTURE TRANSFER -3,039,930. INTERCOMPANY TRANSFER OF ASSETS TO ASUEP -620,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: SERVICE AGREEMENT -3,492,497. FOREIGN TAXES 1,566. TAYLOR TRUST REVENUE -2,707. ASU GLOBAL UK REVENUE -63,200. ENTERPRISE PARTNERS INVESTMENT EXPENSE 472,358. PART XII, LINE 2D - OTHER ADJUSTMENTS: SERVICE AGREEMENT 3,492,497. ASU GLOBAL UK EXPENSES 350,755. ELIMINATIONS BETWEEN OUTSIDE ENTITIES -335,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 1,566. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 231419000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 31288000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 8474000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 1424000 EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 GRANTMAKING 335000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 25060 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 18932 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES UNIVERSITY ACTIVIITES 51334 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 37516 SOUTH AMERICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 8971 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 220540 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 FUNDRAISING 5122 SUB-SAHARAN AFRICA 0 0 FUNDRAISING 1375 CENTRAL AMERICA AND THE CARIBBEAN 0 0 FUNDRAISING 280 1 1 0 0 1 1 273035326 273804 273309130 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SUPPORT 335000 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SUPPORT 25060 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 6432 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 6250 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 6250 WIRE 0 5 1 0 1 1 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF FOREIGN GRANT FUNDS GRANTS PAID CONSIST OF FUNDS PROVIDED TO FOREIGN NON-PROFITS FOR ASU RELATED INITIATIVES, WHICH ARE ACCOUNTED FOR AND MONITORED THROUGH THE USE OF ACCOUNTS AND ACCOUNT PURPOSE AT THE TIME OF EACH DISBURSEMENT. PART III ACCOUNTING METHOD: X X X X X 1 THE EUDY COMPANY LTD 4200 MASSACHUSETTS AVE NW WASHINGTON DC 20016 FUNDRAISER 0 5796804 270000 5526804 LAUREL STRATEGIES 4A OXFORD STREET CHEVY CHASE MD 20815 CONSULTING 0 0 606089 0 TRUE SENSE MARKETING PO BOX 645421 PITTSBURGH PA 152645421 CONSULTING 0 0 553555 0 DAUN LLC 207 WEST 21ST STREET NEW YORK NY 10011 FUNDRAISER 0 0 220000 0 ELIASSON GROUP 55 WALKERS BROOK DRIVE READING MA 01867 CONSULTING 0 0 123000 0 AMBER JOHNSON 2710 CORIANDER PLACE EDGEWATER MD 21037 CONSULTING 0 0 108938 0 SCOTT PRENN 28 OLD BROMPTON ROAD LONDON UK SW7 3SS CONSULTING 0 0 75235 0 SIDE PORCH CONSULTING 1112 MONTANA AVE 346 SANTA MONICA CA 90403 CONSULTING 0 0 30000 0 5796804 1986817 5526804 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2B, LIST OF TEN HIGHEST PAID FUNDRAISERS: (I) NAME OF FUNDRAISER: THE EUDY COMPANY LTD (I) ADDRESS OF FUNDRAISER: 4200 MASSACHUSETTS AVE NW, WASHINGTON, DC 20016 (I) NAME OF CONSULTANT: LAUREL STRATEGIES (I) ADDRESS OF CONSULTANT: 4A OXFORD STREET, CHEVY CHASE, MD 20815 (I) NAME OF CONSULTANT: TRUE SENSE MARKETING (I) ADDRESS OF CONSULTANT: P.O. BOX 645421, PITTSBURGH, PA 15264-5421 (I) NAME OF FUNDRAISER: DAUN LLC (I) ADDRESS OF FUNDRAISER: 207 WEST 21ST STREET, NEW YORK, NY 10011 (I) NAME OF CONSULTANT: ELIASSON GROUP (I) ADDRESS OF CONSULTANT: 55 WALKERS BROOK DRIVE, READING, MA 01867 (I) NAME OF CONSULTANT: AMBER JOHNSON (I) ADDRESS OF CONSULTANT: 2710 CORIANDER PLACE, EDGEWATER, MD 21037 (I) NAME OF CONSULTANT: SCOTT PRENN (I) ADDRESS OF CONSULTANT: 28 OLD BROMPTON ROAD, LONDON, UNITED KINGDOM SW7 3SS (I) NAME OF CONSULTANT: SIDE PORCH CONSULTING (I) ADDRESS OF CONSULTANT: 1112 MONTANA AVE, #346, SANTA MONICA, CA 90403 SCHEDULE G, PART I, COLUMN (IV): GROSS RECEIPTS FROM ACTIVITY AMOUNTS PAID TO FUNDRAISERS WITH NO GROSS RECEIPTS WERE FOR FUNDRAISING MATERIALS AND CONSULTING ONLY. 1 ARIZONA STATE UNIVERSITY PO BOX 877505 TEMPE AZ 85287 860196696 115 131853175 0 PROGRAM SUPPORT ASU ENTERPRISE PARTNERS PO BOX 2260 TEMPE AZ 852802260 475599177 501(C)(3) 2923297 0 PROGRAM SUPPORT EARTH SCHOOL EDUCATIONAL FOUNDATION 555 N CENTRAL AVE STE 402P PHOENIX AZ 85004 261204422 501(C)(3) 1748751 0 PROGRAM SUPPORT HAWAII MARINE EDUCATION AND RESEARCH CENTER PO BOX 1372 VOLCANO HI 96785 821614744 501(C)(3) 425000 0 PROGRAM SUPPORT THE UNIVERISTY OF CONNECTICUT FOUNDATION 2390 ALUMNI DRIVE UNIT 3206 STORSS CT 06269 066070722 501(C)(3) 285000 0 PROGRAM SUPPORT THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT 400 E VAN BUREN STE 900 PHOENIX AZ 85004 860105586 501(C)(3) 272447 0 PROGRAM SUPPORT ASU PREPARATORY ACADEMY PO BOX 877304 TEMPE AZ 852877304 260664313 501(C)(3) 272381 0 PROGRAM SUPPORT RESEARCH COLLABORATORY AT ASU PO BOX 2260 TEMPE AZ 852802260 463815674 501(C)(3) 90000 0 PROGRAM SUPPORT EDUCATION FORWARD ARIZONA 4747 N 32 ST STE 150 PHOENIX AZ 85018 202366755 501(C)(3) 89412 0 PROGRAM SUPPORT UNIVERSITY OF ARIZONA 888 N EUCLID AVE ROOM 402 TUCSON AZ 85721 742652689 115 66575 0 PROGRAM SUPPORT ASU ALUMNI ASSOCIATION PO BOX 873702 TEMPE AZ 85287 866053009 501(C)(3) 45350 0 PROGRAM SUPPORT NORTHERN ARIZONA UNIVERSITY PO BOX 4080 FLAGSTAFF AZ 86011 742579628 115 30500 0 PROGRAM SUPPORT UNIVERSITY OF WASHINGTON PO BOX 353200 SEATTLE WA 98195 916001537 115 30000 0 PROGRAM SUPPORT MICHIGAN STATE UNIVERSITY 426 AUDITORIUM RD ROOM 360 EAST LANSING MI 48824 386005984 115 25000 0 PROGRAM SUPPORT MAYO CLINIC 200 FIRST STREET SW ROCHESTER MN 55905 416011702 501(C)(3) 17600 0 PROGRAM SUPPORT INTERNATIONAL WOMENS MEDIA FOUNDATION 1625 K STREET NW STE 1275 WASHINGTON DC 20006 521648942 501(C)(3) 12595 0 PROGRAM SUPPORT DIGITAL EQUITY INSTITUTE 2055 E WARNER ROAD TEMPE AZ 85284 871909527 501(C)(3) 10000 0 PROGRAM SUPPORT ARIZONA ASIAN AMERICAN BAR ASSOCIATION PO BOX 3496 PHOENIX AZ 85030 800596332 501(C)(6) 8500 0 PROGRAM SUPPORT SUN DEVIL MOCK TRIAL 3026 E NORWOOD ST MESA AZ 85213 721618795 501(C)(3) 8000 0 PROGRAM SUPPORT THE NATIONAL GEM CONSORTIUM 1430 DUKE STREET ALEXANDRIA VA 22314 310898802 501(C)(3) 7500 0 PROGRAM SUPPORT PGA TOUR INC PO BOX 206 PONTE VERDA BEACH FL 32004 520999206 501(C)(6) 7500 0 PROGRAM SUPPORT THE LEADERSHIP CONSORTIUM PO BOX 90847 PHOENIX AZ 85066 731628275 501(C)(3) 7500 0 PROGRAM SUPPORT ARIZONA BLACK BAR ASSOCIATION PO BOX 628 PHOENIX AZ 85001 261730038 501(C)(6) 7000 0 PROGRAM SUPPORT GIFTED ARTIST FOUNDATION 1 REBECCA STREET GREENVILLE SC 29607 842024899 501(C)(3) 7000 0 PROGRAM SUPPORT MARICOPA COMMUNITY COLLEGE RIO SALADO 2411 W 14TH STREET TEMPE AZ 85281 860185552 115 6220 0 PROGRAM SUPPORT LOS ABOGADOS FOUNDATION PO BOX 813 PHOENIX AZ 85001 454568094 501(C)(3) 6105 0 PROGRAM SUPPORT THE BROADWAY LEAGUE FOUNDATION 729 7TH AVE 5TH FLOOR NEW YORK NY 10019 133740065 501(C)(3) 6000 0 PROGRAM SUPPORT ARIZONA FOOD MARKETING ALLIANCE 120 E PIERCE STREET PHOENIX AZ 85004 860069988 501(C)(6) 5500 0 PROGRAM SUPPORT AMERICAN INDIAN LAW CENTER PO BOX 4456 ALBUQUERQUE NM 87196 850250024 501(C)(3) 5500 0 PROGRAM SUPPORT WAIPA FOUNDATION PO BOX 1189 HANALEI HI 96714 990313224 501(C)(3) 5192 0 PROGRAM SUPPORT FREEDOM NETWORK USA 712 H ST NE SUITE 1667 WASHINGTON DC 20002 810758952 501(C)(3) 5154 0 PROGRAM SUPPORT 27 4 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS GRANTS PAID CONSIST OF FUNDS PROVIDED TO ARIZONA STATE UNIVERSITY, ITS AFFILIATES, AND OTHER FOR-PROFITS AND NON-PROFITS FOR ASU RELATED INITIATIVES, WHICH ARE ACCOUNTED FOR AND MONITORED THROUGH THE USE OF ACCOUNTS AND ACCOUNT PURPOSE AT THE TIME OF EACH DISBURSEMENT. X X X 0 0 0 0 0 0 0 1 0 DANIEL DILLON DIRECTOR (ASUF)/CEO (ASUEP) 0 564076 0 201667 0 29913 0 41850 0 28968 0 866474 0 0 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER (ASUF) 454985 0 91000 0 41736 0 41850 0 25160 0 654731 0 0 0 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 258861 0 26850 0 13056 0 19440 0 21348 0 339555 0 0 0 HOPE SHARETT SECRETARY/GENERAL COUNSEL 0 256535 0 39930 0 35 0 17439 0 22921 0 336860 0 0 VIRGINIA E DESANTO VICE PRESIDENT, CFO & TREASURER 0 267992 0 27545 0 0 0 19842 0 16647 0 332026 0 0 JACQUELINE SMITH VICE PRESIDENT 247762 0 26850 0 35 0 18750 0 25975 0 319372 0 0 0 SUZANNE RINKER VP ENTERPRISE DEVELOPMENT 249072 0 18795 0 0 0 15998 0 27027 0 310892 0 0 0 ERIC SPICER VICE PRESIDENT UNIT DEVELOPMENT 244065 0 18795 0 0 0 18067 0 18949 0 299876 0 0 0 BILL KAVAN VICE PRESIDENT ENGAGEMENT & OUTREACH 248408 0 18795 0 0 0 18256 0 12066 0 297525 0 0 0 PART I, LINE 7 NON-FIXED PAYMENTS BONUSES ARE GIVEN ON A DISCRETIONARY BASIS BASED ON PERFORMANCE REVIEWS AT THE END OF THE YEAR. A THE INDUSTRIAL DEV AUTH OF THE CITY OF TEMPE AZ 860439481 2014-12-16 31390000 ACQUIRE, IMPROVE, & EQUIP FACILITY 0 0 0 A 5055000 31503841 31503841 2018 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 SCHEDULE K, PART I, BOND A, ISSUER NAME: THE INDUSTRIAL DEV. AUTH. OF THE CITY OF TEMPE, AZ SCHEDULE K, PART I, BOND A, PURPOSE OF BOND: TO ACQUIRE, IMPROVE, AND EQUIP FACILITY. SCHEDULE K, PART II, LINE 3, BOND A, ISSUE PRICE: THE DIFFERENCE BETWEEN THE ISSUE PRICE LISTED IN PART I, COLUMN (E) AND THE TOTAL PROCEEDS OF ISSUE IN PART II, LINE 3 FOR BOND A REPRESENTS INTEREST INCOME. SCHEDULE K, PART IV, LINE 2C, BOND A, REBATE COMPUTATION: THE REBATE COMPUTATION FOR THE 2014 BOND A WAS LAST PERFORMED ON 12/16/2019. SCHEDULE K, PART I, BOND A: AS PART OF AN APRIL 2023 RESTRUCTURE, THE ORGANIZATION ACQUIRED CERTAIN BOND OBLIGATIONS PREVIOUSLY HELD BY UNIVERSITY REALTY, ANOTHER SUBSIDIARY OF EP. THE OBLIGATIONS ARE DESCRIBED BELOW: IN DECEMBER 2014, ASUF DC, LLC (DC) ISSUED, THROUGH THE IDA OF THE CITY OF TEMPE, ARIZONA, $31,390,000 TAX-EXEMPT SERIES 2014 A AND $3,610,000 TAXABLE SERIES 2014 B LEASE REVENUE BONDS. INTEREST IS PAYABLE SEMI-ANNUALLY ON JANUARY 1 AND JULY 1 OF EACH YEAR, AND COMMENCED JULY 1, 2015. THE DC PROJECT SERIES 2014 BONDS ARE COLLATERALIZED BY THE DC OFFICE BUILDING AND A 20-YEAR LEASE WITH THE UNIVERSITY. THE BUILDING WAS PURCHASED IN DECEMBER 2014 TO PROVIDE SPACE FOR PROGRAM AND RESEARCH ENDEAVORS FOR THE UNIVERSITY IN WASHINGTON, D.C. RENOVATION WAS COMPLETED, AND THE BUILDING WAS PLACED IN SERVICE IN FEBRUARY 2018. SYBIL FRANCIS FAM. MEMBER OF DIR. 270843 COMP. 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SYBIL FRANCIS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF DIRECTOR(C) AMOUNT OF TRANSACTION $270,843.(D) DESCRIPTION OF TRANSACTION: COMPENSATION FOR EMPLOYMENT(E) SHARING OF ORGANIZATION REVENUES? = NO SCHEDULE L, PART IV, COLUMN (C): THE AMOUNT OF COMPENSATION REPORTED FOR SYBIL FRANCIS INCLUDES SALARY, BENEFITS, AND OTHER DEFERRED COMPENSATION. X 11621 EXPERT OPINION X 57 1246463 FMV X RESORT PACKAGE 2 25000 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: THE FOUNDATION USES A VARIETY OF BROKERAGE AND SERVICE COMPANIES TO CONVERT NON-CASH GIFTS TO CASH BASED ON THE TYPE OF NON-CASH GIFT RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 DOUG FULTON AND IRA FULTON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS ASU ENTERPRISE PARTNERS SERVES AS THE SOLE MEMBER OF THE ORGANIZATION, AND PROVIDES THEM WITH VARIOUS SUPPORTING SERVICES, SUCH AS LEGAL, HUMAN RESOURCES, FINANCIAL SERVICES, AND MARKETING AND TECHNICAL SERVICES. IN ADDITION, ASU ENTERPRISE PARTNERS MANAGES THE RESERVES OF THE ORGANIZATION AND PROVIDES GUIDANCE AND OVERSIGHT OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS WITH POWERS TO ELECT OR APPOINT ASU ENTERPRISE PARTNERS AS THE SOLE MEMBER HAS THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL PER THE BYLAWS OF ASUF, THE FOLLOWING ACTIONS SHALL NOT BE TAKEN BY THE CORPORATION WITHOUT THE APPROVAL OF THE MEMBER: ELECTION AND REMOVAL OF DIRECTORS, AMENDMENT OF THE ARTICLES OF INCORPORATION OF THE CORPORATION, AMENDMENT OF THE BYLAWS OF THE CORPORATION, MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION, THE CREATION OF ANY SUBSIDIARIES OR AFFILIATES OF THE CORPORATION, ADOPTION OF THE STRATEGIC AND ANNUAL BUSINESS PLANS AND ADOPTION OF THE ANNUAL BUDGET PREPARED BY THE CORPORATION AND ANY ACTIONS TAKEN BY THE CORPORATION, THE SELECTION AND RETENTION OF THE CEO OF THE CORPORATION, THE MAKING OF ANY CAPITAL EXPENDITURES, THE SELECTION OF THE MANNER AND LOCATION OF INVESTMENT OF ANY FINANCIAL ASSETS, THE CREATION OR EXTENSION OF ANY LOANS BY OR ANY BORROWING BY THE CORPORATION OR THE SALE OF ANY CAPITAL ASSETS BY THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS ASUF'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT IS SUBMITTED TO ASUF'S MANAGEMENT FOR REVIEW AND ACCURACY OF REPORTING. THE BOARD OF DIRECTORS HAS DELEGATED REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE OF ASU ENTERPRISE PARTNERS ("EP"). MANAGEMENT AND A REPRESENTATIVE OF THE OUTSIDE ACCOUNTING FIRM REVIEW THE FORM 990 WITH THE AUDIT COMMITTEE. ONCE APPROVED AND ACCEPTED BY THE AUDIT COMMITTEE, A FULL COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. IT IS THEN SIGNED BY THE TREASURER AND SUBMITTED ELECTRONICALLY TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST UPON HIRE AND ON AN ANNUAL BASIS, ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS RELATING TO THEIR INVOLVEMENT WITH ASUF. IN ADDITION, ANY TIME THE EMPLOYEE BECOMES AWARE OF A NEW CONFLICT, THEY ARE REQUIRED TO SUBMIT AN UPDATED CONFLICT OF INTEREST/COMMITMENT FORM TO EP'S GENERAL COUNSEL. ANY IDENTIFIED CONFLICTS WOULD BE REVIEWED BY THE BOARD CHAIR AND THE CEO TO DETERMINE ANY MITIGATION ACTIONS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF CEO/KEY EMPLOYEES FOR ASUF, THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE CEO BASED ON CURRENT MARKET COMPARISONS PROVIDED BY THE FOUNDATION'S HUMAN RESOURCES DEPARTMENT (WHICH OBTAINS THIS INFORMATION FROM AN INDEPENDENT COMPENSATION CONSULTANT), RESPONSIBILITIES OF THE POSITION, GOALS OF THE FOUNDATION, AND NEGOTIATIONS WITH THE CEO. ALL OTHER COMPENSATION DECISIONS FOR KEY EMPLOYEES HAVE BEEN DELEGATED FROM THE BOARD OF DIRECTORS TO THE CEO, WHO FOLLOWS A SIMILAR PROCESS AS DESCRIBED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE FINANCIAL STATEMENTS, FORM 990, AND FORM 990-T FOR ASUF ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART VIII AND FORM 990, PART IX: ADDITIONAL INFORMATION REGARDING FUNDRAISING IN ITS EFFORT TO SUPPORT ASU, ASUF PERFORMS A BROAD SCOPE OF SERVICES THAT INCLUDE FUNDRAISING AND INVESTMENT MANAGEMENT SERVICES. ASUF'S FUNDRAISING EXPENSES SUPPORT ACTIVITIES THAT GENERATE CONTRIBUTIONS THAT GO DIRECTLY TO ENTITIES OTHER THAN ITSELF, SUCH AS ASU AND OTHER ASU AFFILIATES; THUS, NOT ALL FUNDRAISING RESULTS GENERATED THROUGH ASUF'S EFFORTS ARE REFLECTED IN THE CONTRIBUTION TOTALS ON ASUF'S FORM 990. FORM 990, PART XI, LINE 9: CHANGE IN ASSETS DUE TO OTHER ENTITIES -30,090,903. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -904,605. EP INVESTMENT FEES -472,358. DC BUILDING RESTRUCTURE -3,039,930. INTERCOMPANY TRANSFER OF ASSETS TO ASUEP -620,000. ASUF DC LLC PO BOX 2260 TEMPE AZ 85280 866051042 REAL ESTATE AZ -951935 -4243365 ASUF TAYLOR TRUST FBO ASU FOUNDATION PO BOX 2260 TEMPE AZ 85280 866252445 SUPPORT AZ 501(C)(3) LINE 12A, I ASUF 1 ASU RESEARCH ENTERPRISE PO BOX 2260 TEMPE AZ 85280 900868685 SUPPORT AZ 501(C)(3) LINE 10 EP 0 RESEARCH COLLABORATORY AT ASU PO BOX 2260 TEMPE AZ 85280 463815674 SUPPORT AZ 501(C)(3) LINE 7 EP 0 ASU ENTERPRISE PARTNERS PO BOX 2260 TEMPE AZ 85280 475599177 HOLDING AZ 501(C)(3) LINE 5 N/A 0 ASU FOUNDATION MEXICO AC SIERRA MOJADA 626 EDIFICIO NO CIUDAD DE MEXICO CIUDAD DE MEXICO MX 1101 EDUCATION MX 501(C)(3) GLOBAL III 0 RCASU GERMANY GGMBH VALENTINSKAMP 70 HAMBURG HAMBURG GM 20355 HOLDING CO. 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