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ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY (EIN 86-6051042)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-11-27
IRS object ID
201713319349300856
Schema version
2016v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-27T17:50:53-06:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVE 2ND FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN866051042EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Arizona State University Foundation For A NewBusinessNameLine1Txt
Business Name Line2American UniversityBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% VIRGINIA DESANTOInCareOfNm
Business Name ControlARIZBusinessNameControlTxt
Phone4809653759PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2260AddressLine1Txt
CityTempeCityNm
State AbbreviationAZStateAbbreviationCd
ZIP852802260ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVIRGINIA DESANTOPersonNm
Person TitleDIRECTOR, TREASURERPersonTitleTxt
Phone4809653759PhoneNum
Signature2017-11-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer Persondaniel romanoPreparerPersonNm
PTINP00504182PTIN
Phone2125990100PhoneNum
Preparation2017-11-27PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.220.88.84IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id94336920173315000000FederalOriginalSubmissionId
Federal Original Submission Id2017-11-27FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdAA918D8483008E32154F6CC583B06457B9AF9E42AtSubmissionCreationDeviceId
At Submission Filing Device IdEED959F8CBD3FC8687A3D40230CCC0334A440D01AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1ASU FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerRF Shangraw JrPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 E University DrAddressLine1Txt
CityTempeCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85281ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,073,393,112GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.asufoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionTo ensure the success of Arizona State University as a new American university.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee561TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI-$244,621TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$430,994NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$120,129,408PYContributionsGrantsAmt
CY Contributions Grants$108,609,322CYContributionsGrantsAmt
PY Program Service Revenue$12,345,578PYProgramServiceRevenueAmt
CY Program Service Revenue$1,247,862CYProgramServiceRevenueAmt
PY Investment Income-$8,479,547PYInvestmentIncomeAmt
CY Investment Income$39,181,992CYInvestmentIncomeAmt
PY Other Revenue$4,302,491PYOtherRevenueAmt
CY Other Revenue$3,849,216CYOtherRevenueAmt
PY Total Revenue$128,297,930PYTotalRevenueAmt
CY Total Revenue$152,888,392CYTotalRevenueAmt
PY Grants And Similar Paid$79,721,324PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$91,891,492CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,761,585PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,212,025CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$631,069PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$617,784CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,747,147CYTotalFundraisingExpenseAmt
PY Other Expenses$20,957,999PYOtherExpensesAmt
CY Other Expenses$25,917,023CYOtherExpensesAmt
PY Total Expenses$112,071,977PYTotalExpensesAmt
CY Total Expenses$123,638,324CYTotalExpensesAmt
PY Revenues Less Expenses$16,225,953PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$29,250,068CYRevenuesLessExpensesAmt
Total Assets BOY$999,330,703TotalAssetsBOYAmt
Total Assets EOY$925,986,632TotalAssetsEOYAmt
Total Liabilities BOY$254,428,614TotalLiabilitiesBOYAmt
Total Liabilities EOY$172,000,590TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$744,902,089NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$753,986,042NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ENSURE THE SUCCESS OF ARIZONA STATE UNIVERSITY AS A NEW AMERICAN UNIVERSITY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$32,678,555ExpenseAmt
Grant$27,365,808GrantAmt
Revenue$1,493,489RevenueAmt
DescSpecific University Programs The ASU Foundation provided more than $32.6 million in support of sustainability and education activities, entrepreneurial activities, and programming activities. In addition to the programs revenue of over $1.4 million, ASU Foundation provided over $40.7 million in contributions for these activities.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$20,998,239ExpenseAmt
Grant$17,585,393GrantAmt
Revenue$959,671RevenueAmt
DescResearch Support The ASU Foundation provided almost $21 million in research funding for ASU. In addition to the almost $1 million of program revenue, the ASU Foundation provided more than $18.6 million of contributions to ASU in support of research in information privacy and security; supply chain management; environment and sustainability; early childhood education and other areas.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$12,705,543ExpenseAmt
Grant$12,550,281GrantAmt
Revenue$580,674RevenueAmt
DescStudent and Faculty Support The ASU Foundation provided over $12.7 million for ASU programs that assist undergraduate and graduate students. In addition to over $.5 million of program revenue, ASU Foundation provided over $6.6 million of contributions to support faculty recognition and professorships and almost $20.7 million for student support.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$43,044,167ExpenseAmt
Grant$34,390,010GrantAmt
Revenue$2,063,244RevenueAmt
DescEDUCATION, RESEARCH, PUBLIC SERVICE AND OTHERDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$43,044,167TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$34,390,010TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$2,063,244TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$109,426,504TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document192IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee561EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonVIRGINIA DESANTOPersonNm
Phone4809651791PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 E UNIVERSITY DRIVEAddressLine1Txt
CityTempeCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85281ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
William Post
Chair0.50.5Yes (X)Yes (X)$0$0$0
Juanita Francis
Vice Chair0.50.5Yes (X)Yes (X)$0$0$0
Michael M Crow
Director1.51.5Yes (X)$0$0$0
Jose Cardenas
Director0.50.5Yes (X)$0$0$0
Angela Yin Cesal
Emeritus as of 05/20170.50.5Yes (X)$0$0$0
Tony Corey
Director through 01/27/20170.50.5Yes (X)$0$0$0
Wayne S Doran
Emeritus as of 05/20170.50.5Yes (X)$0$0$0
Stephen O Evans
Director0.50.5Yes (X)$0$0$0
Ira A Fulton
Director0.50.5Yes (X)$0$0$0
John W Graham
Director0.50.5Yes (X)$0$0$0
Jay Heiler
Director0.50.5Yes (X)$0$0$0
Robert Johnson
Director0.50.5Yes (X)$0$0$0
Anne L Mariucci
Director0.50.5Yes (X)$0$0$0
Morgan Olsen
Director0.50.5Yes (X)$0$0$0
Harry Papp
Director0.50.5Yes (X)$0$0$0
Gary L Trujillo
Director0.50.5Yes (X)$0$0$0
Gregory J Vogel
Director through 02/13/20170.50.5Yes (X)$0$0$0
Scott Wald
Director0.50.5Yes (X)$0$0$0
Keith Wirtz
Director0.50.5Yes (X)$0$0$0
Roger Wittlin
Director through 6/30/170.50.5Yes (X)$0$0$0
R F Shangraw Jr
Director, CEO30.020.0Yes (X)Yes (X)$213,369$305,967$78,306
Virginia DeSanto
Director, Treasurer15.035.0Yes (X)Yes (X)$114,913$118,307$39,357
Marcel Valenta
Secretary18.032.0Yes (X)$119,945$122,126$43,954
Gretchen Buhlig
COO and Managing Director50.00.0$298,808$0$21,833Yes (X)
Augustine Cheng
Managing Director - AzTE25.025.0$366,302$240,048$36,369Yes (X)
Joshua Friedman
Chief Development Officer50.00.0$298,794$0$21,045Yes (X)
Sybil Francis
Director for Strategic Adv.40.00.0$195,420$0$16,415Yes (X)
Kimberly Hopely
VP Unit Development40.00.0$193,886$0$43,994Yes (X)
Patrick McDermott
Chief Engmt Ofcr, Thunderbird40.00.0$182,533$0$28,146Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,983,970TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$786,448TotReportableCompRltdOrgAmt
Total Other Compensation$329,419TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K43IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Perella Weinberg Partners
757 5th AvenueNEW YORKNY10153Investment Mgmt.$1,847,777
Boston Consulting Group
One Beacon Street 10th FloorBOSTONMA02108Consulting$1,070,000
Trinity Works
PO Box 12206FT WORTHTX76110CONSULTING$720,000
Snavely Associates Ltd
112 W Foster Ave Suite 401STATE COLLEGEPA16804Cnslting-Fundraising$358,980
Irell and Manella LLP
1800 Avenue of the Stars Suite 900LOS ANGELESCA90067AZTE Legal Advisory$355,284
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K30CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Related Organizations$11,000RelatedOrganizationsAmt
All Other Contributions$108,598,322AllOtherContributionsAmt
Noncash Contributions$9,370,933NoncashContributionsAmt
Total Contributions$108,609,322TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ASU PROGRAM SUPPORT541800$869,304$869,304
PROGRAM REVENUE AND MEMBERSHIPS900099$135,413$135,413
PROGRAM RENTALS900099$243,145$243,145
FieldValueIRS element (for citing)
Total Program Service Revenue$1,247,862TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,618,366TotalRevenueColumnAmt
Unrelated Business Revenue-$244,621UnrelatedBusinessRevenueAmt
Exclusion$8,862,987ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$951,068,346SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$920,504,720SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$30,563,626SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,563,626TotalRevenueColumnAmt
Exclusion$30,563,626ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESERVES SUBSIDY900099$2,063,243$2,063,243
ASSET MANAGEMENT FEES900099$1,695,554$1,695,554
MISCELLANEOUS900099$90,419$90,419
FieldValueIRS element (for citing)
Other Revenue Total$3,849,216OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$152,888,392TotalRevenueColumnAmt
Related Or Exempt Func Income$5,097,078RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$244,621UnrelatedBusinessRevenueAmt
Exclusion$39,426,613ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$91,891,492TotalAmt
Program Services$91,891,492ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$314,970TotalAmt
Fundraising$314,970FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,883,522TotalAmt
Management And General$5,778ManagementAndGeneralAmt
Fundraising$3,877,744FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$217,150TotalAmt
Fundraising$217,150FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$520,446TotalAmt
Program Services$1,238ProgramServicesAmt
Fundraising$519,208FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$275,937TotalAmt
Management And General$20ManagementAndGeneralAmt
Fundraising$275,917FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$118,788TotalAmt
Program Services$48,981ProgramServicesAmt
Management And General$69,807ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$148,706TotalAmt
Program Services$1,233ProgramServicesAmt
Management And General$147,473ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$617,784TotalAmt
Fundraising$617,784FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,747,647TotalAmt
Program Services$3,747,647ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,242,121TotalAmt
Program Services$4,732,506ProgramServicesAmt
Management And General$11,033ManagementAndGeneralAmt
Fundraising$498,582FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$31,469TotalAmt
Program Services$28,877ProgramServicesAmt
Fundraising$2,592FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,750,354TotalAmt
Program Services$1,207,067ProgramServicesAmt
Management And General$61,110ManagementAndGeneralAmt
Fundraising$482,177FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$59,003TotalAmt
Management And General$1,576ManagementAndGeneralAmt
Fundraising$57,427FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$20,197TotalAmt
Program Services$2,106ProgramServicesAmt
Management And General$18,091ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,440,041TotalAmt
Program Services$1,181,600ProgramServicesAmt
Management And General$722ManagementAndGeneralAmt
Fundraising$257,719FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$112,242TotalAmt
Program Services$55,752ProgramServicesAmt
Fundraising$56,490FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$7,766,317TotalAmt
Program Services$1,706,402ProgramServicesAmt
Management And General$6,059,915ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$62,369TotalAmt
Management And General$62,369ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$64,621TotalAmt
Program Services$64,416ProgramServicesAmt
Fundraising$205FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FEES/SUBSCRIPTIONS$376,950$330,530$4,759$41,661
MEALS AND CULTIVATION$3,654,819$3,127,165$184$527,470
OTHER EXPENSES$1,321,379$1,299,492$21,836$51

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$123,638,324TotalAmt
Program Services$109,426,504ProgramServicesAmt
Management And General$6,464,673ManagementAndGeneralAmt
Fundraising$7,747,147FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,335,800BOYAmt
EOY$1,866,291EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,192,366BOYAmt
EOY$774,741EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$132,491,669BOYAmt
EOY$137,596,808EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,454,932BOYAmt
EOY$254,365EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$136,966EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,076,450LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,227,613LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$73,603,485BOYAmt
EOY$848,837EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$312,951,927BOYAmt
EOY$423,002,893EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$399,389,819BOYAmt
EOY$351,274,376EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$59,910,705BOYAmt
EOY$10,231,355EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$999,330,703BOYAmt
EOY$925,986,632EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,245,161BOYAmt
EOY$3,510,950EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$142,944BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$92,860,000BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$128,692,351BOYAmt
EOY$165,117,200EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,635,000BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,853,158BOYAmt
EOY$3,372,440EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$254,428,614BOYAmt
EOY$172,000,590EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$25,251,605BOYAmt
EOY-$5,483,679EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$288,409,600BOYAmt
EOY$309,396,116EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$431,240,884BOYAmt
EOY$450,073,605EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$744,902,089BOYAmt
EOY$753,986,042EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$999,330,703BOYAmt
EOY$925,986,632EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$29,250,068ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$38,594,162NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$58,760,277OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$82,237,898CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,971,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$108,590,354CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$120,129,408CurrentTaxYearMinus1YearAmt
Current Tax Year$108,609,322CurrentTaxYearAmt
Total$479,538,189TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$82,237,898CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,971,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$108,590,354CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$120,129,408CurrentTaxYearMinus1YearAmt
Current Tax Year$108,609,322CurrentTaxYearAmt
Total$479,538,189TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$34,126,432SubstantialContributorsTotAmt
Public Support Total170$445,411,757PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,309,729CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,547,137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,086,901CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,504,362CurrentTaxYearMinus1YearAmt
Current Tax Year$8,618,366CurrentTaxYearAmt
Total$56,066,495TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$535,604,684TotalSupportAmt
Gross Receipts Rltd Activities$43,895,048GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83161PublicSupportCY170Pct
Public Support PY1700.78766PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Organization Belongs Afflt GrpYes (X)OrganizationBelongsAffltGrpInd

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$75,000AffiliatedGroupTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$417,780AffiliatedGroupTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$492,780AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$112,193,576FilingOrganizationsTotalAmt
Affiliated Group Total$20,627,356AffiliatedGroupTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$112,193,576FilingOrganizationsTotalAmt
Affiliated Group Total$21,120,136AffiliatedGroupTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$2,000,000AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
Affiliated Group Total$500,000AffiliatedGroupTotalAmt
FieldValueIRS element (for citing)
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$249,780CurrentYearMinus3Amt
Current Year Minus2$249,780CurrentYearMinus2Amt
Current Year Minus1$424,780CurrentYearMinus1Amt
Current Year$492,780CurrentYearAmt
Total$1,417,120TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceInformation Regarding Lobbying ActivitiesFormAndLineReferenceDesc
ExplanationSCHEDULE C, PART II-A 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.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcYes (true)AgentTrusteeEtcInd
Beginning Balance$1,218,696BeginningBalanceAmt
Additions During Year$143,714AdditionsDuringYearAmt
Distributions During Year$49,647DistributionsDuringYearAmt
Ending Balance$1,312,763EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$473,400,027BeginningYearBalanceAmt
Contributions$16,925,057ContributionsAmt
Investment Earnings Or Losses$50,438,811InvestmentEarningsOrLossesAmt
Other Expenditures$21,855,269OtherExpendituresAmt
Administrative Expenses$11,010,087AdministrativeExpensesAmt
End Year Balance$507,898,539EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$502,048,855BeginningYearBalanceAmt
Contributions$14,088,297ContributionsAmt
Investment Earnings Or Losses-$18,851,821InvestmentEarningsOrLossesAmt
Other Expenditures$17,472,861OtherExpendituresAmt
Administrative Expenses$6,412,443AdministrativeExpensesAmt
End Year Balance$473,400,027EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$489,045,695BeginningYearBalanceAmt
Contributions$29,576,062ContributionsAmt
Investment Earnings Or Losses$5,637,603InvestmentEarningsOrLossesAmt
Other Expenditures$16,477,278OtherExpendituresAmt
Administrative Expenses$5,733,227AdministrativeExpensesAmt
End Year Balance$502,048,855EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$435,282,924BeginningYearBalanceAmt
Contributions$14,310,742ContributionsAmt
Investment Earnings Or Losses$62,628,143InvestmentEarningsOrLossesAmt
Other Expenditures$15,643,818OtherExpendituresAmt
Administrative Expenses$7,532,296AdministrativeExpensesAmt
End Year Balance$489,045,695EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$394,228,823BeginningYearBalanceAmt
Contributions$13,841,369ContributionsAmt
Investment Earnings Or Losses$49,318,255InvestmentEarningsOrLossesAmt
Other Expenditures$15,285,635OtherExpendituresAmt
Administrative Expenses$6,819,888AdministrativeExpensesAmt
End Year Balance$435,282,924EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.76830PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.23170TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$679,341InvestmentCostOrOtherBasisAmt
Book Value$679,341BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,397,109OtherCostOrOtherBasisAmt
Depreciation$4,227,613DepreciationAmt
Book Value$169,496BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$848,837TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
GLOBAL EQUITIES$126,086,304F
GLOBAL FIXED INCOME$13,759,250F
ABSOLUTE RETURN$89,931,307F
REAL ASSETS$65,155,592F
PRIVATE CAPITAL$56,313,810F
OTHER CASH INVESTMENTS$28,113F
FieldValueIRS element (for citing)
Total Book Value Securities$351,274,376TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTSDesc
Amt$3,372,440Amt
FieldValueIRS element (for citing)
Total Liability$3,372,440TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$184,840,186TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$38,594,162NetUnrealizedGainsInvstAmt
Other Revenue-$15,726,989OtherRevenueAmt
Revenue Not Reported$22,867,173RevenueNotReportedAmt
Revenue Subtotal$161,973,013RevenueSubtotalAmt
Investment Expenses Not Incld$3,747,647InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$12,832,268OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$9,084,621RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$152,888,392TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$133,290,229TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$13,399,552OtherExpensesIncludedAmt
Expenses Not Reported$13,399,552ExpensesNotReportedAmt
Expenses Subtotal$119,890,677ExpensesSubtotalAmt
Investment Expenses Not Incld2$3,747,647InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$3,747,647ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$123,638,324TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ESCROW AND CUSTODIAL ARRANGEMENTSSCHEDULE D, PART IV, LINE 1B ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY (ASUF or 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.
ESCROW OR CUSTODIAL ACCOUNT LIABILITYSCHEDULE D, PART IV, LINE 2B ASUF HOLDS ASSETS AS THE TRUSTEE OF A GRANTOR TRUST FOR ASU AND HOLDS ASSETS UNDER AN INVESTMENT AGREEMENT WITH THE ASU ALUMNI ASSOCIATION.
INTENDED USE OF ENDOWMENTSCHEDULE D, PART V, LINE 4 ALL ENDOWMENT EXPENDITURES SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE, AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY.
FIN 48 (ASC 740) FOOTNOTESCHEDULE D, PART X, LINE 2 THE ORGANIZATION ACCOUNTS FOR INCOME TAXES USING THE ASSET AND LIABILITY APPROACH, WHICH CAN RESULT IN RECORDING TAX PROVISIONS OR BENEFITS IN PERIODS DIFFERENT THAN THE PERIODS IN WHICH SUCH TAXES ARE PAID OR BENEFITS REALIZED. DEFERRED INCOME TAXES ARE RECORDED FOR THE DIFFERENCE BETWEEN THE BOOK AND TAX BASIS OF VARIOUS ASSETS AND LIABILITIES, WHICH CAN PROVIDE FOR CURRENT RECOGNITION OF EXPECTED TAX BENEFITS FROM TEMPORARY DIFFERENCES THAT WILL RESULT IN DEDUCTIBLE AMOUNTS IN FUTURE YEARS. IT HAS BEEN DETERMINED BY THE IRS THAT THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AS DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(IV) OF THE INTERNAL REVENUE CODE (IRC), AND ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS A PUBLIC CHARITY. ASUF DUPONT, LLC IS TREATED AS A DISREGARDED ENTITY UNDER THE FOUNDATION FOR INCOME TAX PURPOSES, AND ACCORDINGLY, ALL INCOME AND EXPENSES ARE REPORTED THROUGH THE FOUNDATION FOR THE YEAR ENDED JUNE 30, 2017. FOR TAX PURPOSES, INCOME DETERMINED TO BE UNRELATED BUSINESS INCOME BY ANY MEMBER OF THE GROUP REGARDED AS A TAX-EXEMPT ORGANIZATION WOULD BE TAXABLE. TAX POSITIONS TAKEN RELATED TO THE ORGANIZATION'S TAX-EXEMPT STATUS AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED. MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ORGANIZATION WOULD BE UPHELD UNDER EXAMINATION. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017, AND DOES NOT ANTICIPATE A SIGNIFICANT CHANGE FOR THE FOLLOWING TWELVE MONTHS. THE ORGANIZATION IS SUBJECT TO TAX EXAMINATION BY THE FEDERAL AND ARIZONA STATE JURISDICTIONS, WHICH GENERALLY REMAIN OPEN FOR THREE AND FOUR YEARS, RESPECTIVELY.
Reconciliation of revenue per audited financial statements with returnSCHEDULE D, PART XI, LINE 2D CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $336,138 CHANGE IN ASSETS DUE OTHER ENTITIES $(16,063,127) ------------ TOTAL $(15,726,989) SCHEDULE D, PART XI, LINE 4B SERVICE AGREEMENT - COST REIMBURSEMENT $(13,399,552) ASU ENTERPRISE PARTNERS 661,349 TAYLOR TRUST FBO ASUF (94,067) ------------- TOTAL $(12,832,268)
Reconciliation of expenses per audited financial statements with returnSCHEDULE D, PART XII, LINE 2D SERVICE AGREEMENT - COST REIMBURSEMENT $13,399,552 ------------- TOTAL $13,399,552

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the CaribbeanInvestments$65,568,061
Europe (Including Iceland and Greenland)Investments$2,335,919
FieldValueIRS element (for citing)
Subtotal Spent$67,903,980SubtotalSpentAmt
Total Spent$67,903,980TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
The Eudy Company LTD
4200 Massachusetts Ave NW 312WashingtonDC20016Fundraiserfalse$3,213,477$210,000$0
Scott Prenn Consulting
Consultingfalse$195,0001st Floor Alameda House 90-100 SyLondonUKSW3 6NJ
Snavely Associates Ltd
112 W Foster Ave Ste 401State CollegePA16804Consultingfalse$0$140,188$0
Eliasson Group
2829 29th Street NWWashingtonDC20008Consultingfalse$0$75,000$0
Marts Lundy
1200 Wall street WestLyndhurstNJ07071Consultingfalse$0$23,140$0
FieldValueIRS element (for citing)
Total Gross Receipts$3,213,477TotalGrossReceiptsAmt
Total Retained By Contractors$643,328TotalRetainedByContractorsAmt
Total Net To Organization$0TotalNetToOrganizationAmt
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesWALicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (28 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Arizona State University
PO Box 870502TempeAZ85287860196696115$89,376,279Program Support
ASU Alumni Law Group
2 N Central Ave 1600PhoenixAZ85004464635819501(c)(3)$120,000Program Support
ASU Preparatory Academy
PO Box 877304TempeAZ85287260664313501(c)(3)$1,900,000Program Support
College Success Arizona
4040 E Camelback Rd Suite 220PhoenixAZ85018202366755501(c)(3)$40,955Program Support
Phoenix Committee on Foreign Relations
7949 E Acoma Drive Suite 207ScottsdaleAZ85260860929211501(c)(3)$9,300Community Outreach
University of North Texas
1112 Dallas Dr Suite 4000DentonTX76205756002149115$20,000Program Support
ASU Alumni Association
PO Box 873702TempeAZ85287866053009501(c)(3)$18,300Community Outreach
Goldwater Institute
500 E Coronado RdPhoenixAZ85004860597661501(c)(3)$10,000Community Outreach
Marine Corps Scholarship Foundation
7047 E Greenway Parkway Ste 250ScottsdaleAZ85254221905062501(c)(3)$22,100Community Outreach
The American Ireland Fund
5910 Gloster RoadBethesdaMD20816251306992501(c)(3)$10,000Community Outreach
AREI Inc
PO Box 7784AspenCO81612275216186501(c)(3)$25,000Community Outreach
Arizona Hispanic Chamber of Commerce
255 E Osborn Rd Ste 201PhoenixAZ85012860445372501(c)(6)$27,500Community Outreach
Arizona School Boards Association
2100 N Central Ave 200PhoenixAZ85004860288067501(c)(3)$12,500Community Outreach
Earth School Educational Foundation Inc
555 North Central Ave Ste 402PPhoenixAZ85004261204422501(c)(3)$95,000Program Support
FNDN of the National Student Nurses Association
45 Main St Ste 606BrooklynNY11201133123125501(c)(3)$5,500Community Outreach
Freedom House Inc
1850 M St NW 11th FLWashingtonDC20036131656647501(c)(3)$8,500Program Support
Humanity In Action Inc
601 W 26th StNew YorkNY10001133977257501(c)(3)$10,000Community Outreach
ICSDEC
510 E University Dr 3426TempeAZ85281475679263501(c)(3)$8,000Community Outreach
IHC Health Services Inc
36 S State St Ste 2200Salt Lake CityUT84111942854057501(c)(3)$7,500Program Support
Jewish National Fund
42 E 69th StNew YorkNY10021131659627501(c)(3)$9,000Community Outreach
NAACP-Arizona State Conference
PO Box 20605PhoenixAZ85036900114229501(c)(3)$7,990Community Outreach
New York University
105 E 17th St 4th FLNew YorkNY10003135562308501(c)(3)$10,000Program Support
Sandra Day O'Connor Institute
PO Box 4425PhoenixAZ85030263521510501(c)(3)$7,250Community Outreach
Sun Devil Mock Trial
3026 E Norwood StMesaAZ85213721618795501(c)(3)$7,000Program Support
The American Society Of Mechanical Engineers
150 Clove Rd 6th FLLittle FallsNJ07424131623899501(c)(3)$15,000Community Outreach
The Williams Institute
6615 N Scottsdale RdScottsdaleAZ85250860743467501(c)(3)$8,000Program Support
Valley Of The Sun United Way
1515 E Osborn RdPhoenixAZ85014860104419501(c)(3)$9,000Program Support
ASU Enterprise Partners
PO Box 2260TempeAZ85280475599177501(c)(3)$1,706,402Program Support
FieldValueIRS element (for citing)
Total501c3 Org27Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceProcedures for monitoring the use of grant fundsFormAndLineReferenceDesc
ExplanationSchedule I, Part I, Line 2 Grants paid consist of funds provided to Arizona State University, its affiliates and other 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmt
R F Shangraw Jr
Director, CEO$213,369$222,967$83,000$23,525$13,025$23,833$17,923$260,727$336,915$0$0
Virginia DeSanto
Director, Treasurer$109,913$111,307$7,000$8,029$8,464$9,366$13,498$132,308$140,269$0$0$5,000$0$0
Marcel Valenta
Secretary$114,945$117,126$5,000$8,425$8,727$13,455$13,347$141,825$144,200$0$0$5,000$0$0
Augustine Cheng
Managing Director - AzTE$213,272$221,434$16,506$2,044$8,943$8,876$391,751$250,968$0$0$129,938$23,092$18,614
Joshua Friedman
Chief Development Officer$281,794$0$0$18,550$0$2,495$0$319,839$0$0$0$17,000$0$0
Gretchen Buhlig
COO and Managing Director$279,808$0$0$18,550$0$3,283$0$320,641$0$0$0$19,000$0$0
Sybil Francis
Director for Strategic Adv.$190,544$0$0$13,652$0$2,763$0$211,835$0$0$0$2,500$2,376$0
Kimberly Hopely
VP Unit Development$193,320$0$0$14,129$0$29,865$0$237,880$0$0$0$0$566$0
Patrick McDermott
Chief Engmt Ofcr, Thunderbird$177,533$0$0$12,075$0$16,071$0$210,679$0$0$0$5,000$0$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Housing AllowanceSchedule J, Part I, Line 1a: The managing director of Arizona Science and Technology Enterprises (AZTE) receives a housing allowance, which is treated as taxable compensation on form w-2 and reported on schedule j, part ii, column (b)(III).
Travel for CompanionsSchedule J, Part I, Line 1a: The Managing Director of AzTE receives travel reimbursements for himself and his spouse, which is treated as taxable compensation on Form W-2 and reported on Schedule J, Part II, Column (b)(iii).
Tax Indemnification and Gross-Up PaymentsSchedule J, Part I, Line 1a: The Managing Director of AzTe receives tax gross-up payments in relation to amounts paid to him for his housing allowance, taxable spousal travel, and reimbursement for internet expenses. The gross-ups are treated as taxable compensation on Form W-2 and reported on Schedule J, Part II, Column (b)(iii).
Social Club Dues or Initiation FeesSchedule J, Part I, Line 1a: EP provides the President and CEO with a membership to a social club to use for business purposes. The membership is non-taxable to the President and CEO and reported as non-taxable benefits on Schedule J, Part II, Column (d).
Non-Fixed PaymentsSchedule J, Part I, Line 7: For ASUF, non-fixed payments are based on compensation agreements and success benchmarks stated in employment contracts.
Questions Regarding CompensationSchedule J, Part II: ASUF's five highest paid employees include one member of the management team of a related entity, AzTE, which provides technology transfer services for Arizona State University. ASUF's parent, EP, has delegated responsibility for management of AzTE to the seven-member Board of Directors for AzTE, including operational activities and compensation.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSybil FrancisPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFamily Member of DirectorRelationshipDescriptionTxt
Transaction$211,896TransactionAmt
TransactionCompensation for EmploymentTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution84ContributionCnt
Noncash Contributions Rpt F990$8,720,737NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$18,250NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescOtherDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$631,946NoncashContributionsRptF990Amt
Method Of Determining RevenuesAppraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I, Line 9, Column (B)FormAndLineReferenceDesc
ExplanationThe organization is reporting the number of contributions in column (B). SCHEDULE M, 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
OTHER PROGRAM SERVICESFORM 990, PART III, LINE 4D THE Arizona State University FOUNDATION for a new American University (ASUF or Foundation) PROVIDED OVER $32 MILLION TO SUPPORT THE EDUCATION, PUBLIC SERVICE AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY (ASU). IN ADDITION TO THE NEAR $5 MILLION OF PROGRAM REVENUE, the FOUNDATION PROVIDED OVER $71 MILLION OF CONTRIBUTIONS IN SUPPORT OF THESE ACTIVITIES. FUNDRAISING EVENTS FORM 990, PART V, LINES 7A AND 7B The Foundation RECEIVES GIFTS FOR ASU THAT AT TIMES PROVIDES THE DONOR WITH A BENEFIT. THOSE DONORS RECEIVE CHARITABLE GIFT RECEIPTS INDICATING THE TOTAL VALUE OF PAYMENT, THE FAIR MARKET VALUE OF BENEFITS RECEIVED BY THE DONOR, AND THE NET AMOUNT THAT MAY BE CONSIDERED A CHARITABLE CONTRIBUTION.
SIGNIFICANT CHANGES TO GOVERNING DOCUMENTSFORM 990, PART VI, SECTION A, LINE 4 IN SEPTEMBER 2015, THE FOUNDATION'S BOARD OF DIRECTORS APPROVED A CORPORATE ENTITY RESTRUCTURE, WHERE A NEW ENTITY ASU ENTERPRISE PARTNERS (EP), WAS CREATED TO BE THE PARENT AND HOLDING COMPANY OF THE FOUNDATION AND FOUR OTHER AFFILIATED ORGANIZATIONS DESCRIBED FURTHER BELOW. EP BEGAN OPERATIONS ON JULY 1, 2016, AND IS THE SOLE MEMBER OF EACH OF THESE FIVE ENTITIES. EP IS AN ARIZONA NONPROFIT CORPORATION AND A 501(C)(3) TAX-EXEMPT ORGANIZATION. EFFECTIVE JULY 1, 2016 THE FOUNDATION ASSIGNED ITS INTEREST IN VARIOUS ASSETS AND LIABILITIES TO EP OR TO A SUBSIDIARY OF EP. MEMBERS, POWER TO ELECT MEMBERS, AND GOVERNANCE DECISIONS Form 990, Part VI, Section A, Lines 6, 7a and 7b EP is the sole member of ASUF and has the power to elect or appoint one or more members of the governing body as well as holds the right for governance decisions.
FORM 990 REVIEW PROCESSFORM 990, PART VI, SECTION B, LINE 11B 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 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, THE FORM 990 IS SIGNED BY THE CFO AND SUBMITTED ELECTRONICALLY TO THE IRS AND THE BOARD OF DIRECTORS.
PROCESS FOR MONITORING AND ENFORCEMENT OF CONFLICT OF INTERESTPOLICY FORM 990, PART VI, SECTION B, LINE 12C UPON HIRE AND ON AN ANNUAL BASIS, OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS RELATING TO THEIR INVOLVEMENT WITH ASUF. IN ADDITION, ANY TIME THE INDIVIDUALS REFERRED TO ABOVE BECOME AWARE OF A NEW CONFLICT, THEY ARE REQUIRED TO SUBMIT AN UPDATED CONFLICT OF INTEREST/COMMITMENT FORM TO THE CFO. ANY IDENTIFIED CONFLICTS WOULD BE REVIEWED BY THE BOARD CHAIR AND THE CEO TO DETERMINE ANY MITIGATION ACTIONS NEEDED.
PROCESS FOR ESTABLISHING COMPENSATION OF PRESIDENT/CEO AND KEYEMPLOYEES FORM 990, PART VI, Section B, LINES 15A AND 15B FOR ASUF, THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT AND 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 PRESIDENT AND CEO. ALL OTHER COMPENSATION DECISIONS FOR KEY EMPLOYEES HAVE BEEN DELEGATED FROM THE BOARD OF DIRECTORS TO THE PRESIDENT AND CEO, WHO FOLLOWS A SIMILAR PROCESS AFOREMENTIONED.
DOCUMENTS MADE AVAILABLE TO THE PUBLICFORM 990, PART VI, Section C, LINE 19 THE FINANCIAL STATEMENTS 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.
ADDITIONAL INFORMATION REGARDING FUNDRAISINGFORM 990, PART VIII AND FORM 990, PART IX 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. Tax-Exempt Bond Liabilities Form 990, Part X, Line 20 The estimated fair value of the Organizations bonds were approximately $0 at 2017 and $108.2 million at 2016. Effective July 1, 2016 the Foundation assigned its interest in the tax-exempt bonds to EP and subsidiaries as part of the restructure.
OTHER CHANGES TO NET ASSETSFORM 990, PART XI, LINE 9 RESTRUCTURE TRANSFER to EP and Subs: $(42,381,874) CHANGE IN ASSETS DUE TO OTHER ENTITIES: $(16,063,127) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: $ 336,138 TAYLOR TRUST FBO ASUF ASSETS: $ (1,312,763) ASU ENTERPRISE PARTNERS: 661,349 ------------- TOTAL $(58,760,277)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ASUF Dupont LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2260AddressLine1Txt
CityTempeCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85280ZIPCd
FieldValueIRS element (for citing)
EIN866051042EIN
Primary ActivitiesReal EstatePrimaryActivitiesTxt
Legal Domicile StateAZLegalDomicileStateCd
Total Income$337TotalIncomeAmt
End Of Year Assets$257EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ASUFBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Taylor Trust FBO ASU Foundation
PO Box 2260TempeAZ85280866252445SupportAZ501(c)(3)12-IASUFYes (true)
ASU Research Enterprise
PO Box 2260TempeAZ85280900868685SupportAZ501(c)(3)10EPfalse
Research Collaboratory at ASU
PO Box 2260TempeAZ85280463815674SupportAZ501(c)(3)07EPfalse
ASU ENTERPRISE PARTNERS
PO BOX 2260TEMPEAZ85280475599177HoldingAZ501(C)(3)05NAfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
AZTE Ventures Co
1475 N Scottsdale Rd Ste 200ScottsdaleAZ85257270151042Solar EnergyAZNAC Corpfalse
Charitable Remainder Trust (20)
Charit Rem TrAZNAfalse
RCASU Hong Kong LLC
Holding Co.NAC CorpfalseRm 502-3 Comm House 35 Queens RdHong KongHKHK
Teotihuacan Holdings LLC
PO Box 2260TempeAZ85280811792379Holding Co.AZNAC Corpfalse
Global University Associate I LLC
PO Box 2260TempeAZ85280364831153EducationAZNAC Corpfalse
Global University Associate II LLC
PO Box 2260TempeAZ85280364831242EducationAZNAC Corpfalse
Arizona State University Fndn Mexico AC
PO Box 2260TempeAZ85280EducationNAC CorpfalseMX
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangeYes (true)AssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part IV, Column CFormAndLineReferenceDesc
ExplanationThere are 18 charitable trusts with legal domicile in Arizona and 2 charitable trusts with legal domicile in Nevada.ExplanationTxt

Affiliated Group Schedule AffiliatedGroupSchedule

Affiliated Schedule AffiliatedScheduleGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINTotal Grassroots LobbyTotalGrassrootsLobbyAmtTotal Direct LobbyTotalDirectLobbyAmtTotal Lobby ExpenditureTotalLobbyExpenditureAmtOther Exempt Purpose ExpendOtherExemptPurposeExpendAmtTotal Exempt Purpose ExpendTotalExemptPurposeExpendAmtLobby NontxLobbyNontxAmtGrassroots NontxGrassrootsNontxAmtTotal Lobby Grssroot Mns NontxTotalLobbyGrssrootMnsNontxAmtTot Lbby Expend Mns Lobby NontxTotLbbyExpendMnsLobbyNontxAmtShare Excess Lobby ExpendShareExcessLobbyExpendAmt
AzTE Ventures CO
1475 N Scottsdale Rd Ste 200ScottsdaleAZ85257270151042$0$0$0$0$0$0$0$0$0$0
ASU Foundation for a New Ame
PO Box 2260TempeAZ852802260866051042$0$0$0$112,193,576$112,193,576$1,000,000$250,000$0$0$0
ASU Research Enterprise
PO Box 2260TempeAZ852802260900868685$0$0$0$0$0$0$0$0$0$0
Taylor Trust FBO ASU Foundat
PO Box 2260TempeAZ852802260866252445$0$0$0$0$0$0$0$0$0$0
Research Collaboratory at AS
PO Box 2260TempeAZ852802260453815674$0$0$0$0$0$0$0$0$0$0
ASU ENTERPRISE PARTNERS
PO BOX 2260TEMPEAZ852802260475599177$75,000$417,780$492,780$20,627,356$21,120,136$1,000,000$250,000$0$0$0