2024-11-07T17:13:11-06:00 2022-12-31 860750046 SEMPLE MARCHAL & COOPER LLP 3101 N CENTRAL AVENUE SUITE 1600 PHOENIX AZ 85012 990 2022-01-01 815287326 STATE FUNDING DEVILS DBA SOL DEVILS STAT 4802160707 6730 N SCOTTSDALE RD 250 SCOTTSDALE AZ 852534416 MICHAEL J OLSEN PRESIDENT 4802160707 2024-11-07 1 0 ARMAND SLASON II CPA P01645526 6022411500 2022 2024-10-15 13:58:12Z MICHAEL J OLSEN 6730 N SCOTTSDALE RD STE 250 SCOTTSDALE AZ 85253 128976 0 X N/A X 2017 AZ STATE FUNDING DEVILS IS A NEWLY FORMED NONPROFIT CORPORATION THAT IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND LITERARY PURPOSE WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). THE ORGANIZATION INTENDS TO MAKE GIFTS, GRANTS AND/OR PROVIDE OTHER PAYMENTS OR SERVICES FOR CHARITABLE AND EDUCATIONAL PURPOSES TO ARIZONA STATE UNIVERSITY, OR OTHER CHARITIES, FOR THE BENEFIT OF ARIZONA STATE UNIVERSITY'S STUDENT ATHLETES IN BOTH THEIR ATHLETIC AND EDUCATIONAL GOALS.A "CHARITABLE" PURPOSE IS ONE OF THE SEVEN EXEMPT PURPOSES SPECIFIED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE ''CODE"). ACCORDING TO THE TREASURY REGULATIONS, THE TERM CHARITABLE IS TO BE INTERPRETED IN ITS GENERALLY ACCEPTED LEGAL SENSE AND INCLUDES, AND INCLUDES THE ADVANCEMENT OF EDUCATION, WHICH STATE FUNDING DEVILS DOES THROUGH ITS GRANTS TO ARIZONA STATE UNIVERSITY FOR SCHOLARSHIPS. SEE TREAS. REG. SECTION 1.50L(C)(3)-L(D)(2). MOREOVER, AMATEUR 10 10 0 0 0 0 0 0 0 0 0 0 62993 31074 62993 31074 0 32300 0 0 0 0 0 0 691 13567 11947 13567 44247 49426 -13173 50616 37443 0 0 50616 37443 THE ORGANIZATION'S MISSION IS TO SUPPORT ARIZONA STATE UNIVERSITY SUN DEVILS' STUDENT ATHLETIC PROGRAMS THROUGH GRANTS AND RAISING AWARENESS OF THE PROGRAMS. 0 0 32300 32300 128976 THE ORGANIZATION HOSTS ONE EVENT DESIGNED TO RAISE (I) AWARENESS OF THE ARIZONA STATE UNIVERSITY ATHLETIC PROGRAMS, AND (II) FUNDS FOR STUDENT SCHOLARSHIPS AND PROGRAMS, ARE: THE BEST TAILGATE IN COLLEGE FOOTBALL. PROCEEDS FROM SOLICITATIONS FROM THE GENERAL PUBLIC IN ITS LONE FUNDRAISING EVENTS, MEMBERSHIP DUES, AND POTENTIAL FOUNDATION GRANTS FUND GRANTS TO ARIZONA STATE UNIVERSITY OR TO 501(C)(3) PUBLIC CHARITY ORGANIZATIONS SUPPORTING STUDENT ATHLETICS AT ARIZONA STATE UNIVERSITY. THE OFFICERS, DIRECTORS, AND VOLUNTEERS OF THE ORGANIZATION WILL CARRY OUT THE ACTIVITIES OF THE ORGANIZATION. 32300 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X ARMAND SLASON 6029080808 3101 N CENTRAL AVE SUITE 1600 PHOENIX AZ 85012 X MICHAEL J OLSEN PRESIDENT 1.00 X 0 0 0 CHAD GOSAR VICE PRESIDENT 1.00 X 0 0 0 BRENT MOSER VICE PRESIDENT 1.00 X 0 0 0 BRIAN FRIEDMAN VICE PRESIDENT 1.00 X 0 0 0 KEATON MERRELL VICE PRESIDENT 1.00 X 0 0 0 SCOTT HOLLAND VICE PRESIDENT 1.00 X 0 0 0 ROBERT N BRIAR VICE PRESIDENT 1.00 X 0 0 0 MICHAEL J DIDOMENICO VICE PRESIDENT 1.00 X 0 0 0 JEFF BURG VICE PRESIDENT 1.00 X 0 0 0 ARMAND SLASON TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 128976 97902 31074 31074 31074 0 0 31074 32300 32300 950 950 4807 4807 178 178 2830 2830 691 691 2491 2491 44247 32300 11256 691 49579 37097 6000 5654 1037 346 50616 37443 0 0 X 50616 37443 50616 37443 50616 37443 -13173 0 X 0 0 0 X 54000 54000 74975 74975 128975 128975 0 0 0 128975 128975 128975 1.00000 0.00000 X 6000 5654 346 346 X 0 THE BEST TAILGATE IN COLLEGE FOOTBALL 6730 N SCOTTSDALE RD 250 SCOTTSDALE AZ 85253 FOOTBALL TAILGATE 0 128976 0 128976 128976 128976 TAILGATE 128976 128976 64922 15449 7705 9826 128976 128976 64922 15449 7705 9826 97902 31074 0 SUN ANGEL FOUNDATION PO BOX 872205 TEMPE AZ 85287 860138459 32300 0 SCHOLARSHIP FOR STUDENT ATHLETICS FORM 990, PART VI, SECTION A, LINE 1A LINE 1A EXPLANATION - AT ANY MEETING OF THE BOARD, EVERY DIRECTOR ENTITILED TO VOTE MAY VOTE IN PERSON. EACH DIRECTOR SHALL HAVE ONE VOTE. NO PROXY SHALL BE ALLOWED. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - A MAJORITY OF THE MEMBERS OF A COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS AT ANY MEETING THEREOF, AND ACTION OF ANY COMMITTEE MUST BE AUTHORIZED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS PRESENT. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - THE BOARD OF DIRECTORS OF STATE FUNDING DEVILS MUST APPROVE ANY CHANGES TO THE MAXIMUM NUMBER OF DIRECTORS AND THE METHOD OF ELECTING DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS CIRCULATED WITH THE BOARD OF DIRECTORS AND COMMENTS AND QUESTIONS ARE REVIEWED TO MAKE SURE OUR RETURN IS TRUE AND ACCURATE. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 DIRECTORS SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE AT THE ANNUAL MEETING OF THE BOARD IN THE YEAR A VACANCY WILL OCCUR. NO INCUMBENT DIRECTOR MAY CAST MORE THAN 1 VOTE IN FAVOR OF HIS OR HER OWN REFLECTION. DIRECTORS OF THE ORGANIZATION SHALL NOT RECEIVE COMPENSATION FOR SERVING AS DIRECTORS. ANY COMPENSATION PAID TO AN DIRECTOR FOR PERSONAL SERVICES RENDERED TO THE ORGANIZATION SHALL BE PAID ONLY AFTER COMPLIANCE WITH THE ORGANIZATION'S POLICY GOVERNING CONFLICT OF INTEREST. HOWEVER, OFFICERS MAY RECEIVE REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED IN CONNECTION WITH CORPORATE MATTERS, PROVIDED THAT SUCH REIMBURSEMENT IS AUTHORIZED BY THE BOARD IN COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. DIRECTORS SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE AT THE ANNUAL MEETING OF THE BOARD IN THE YEAR A VACANCY WILL OCCUR. NO INCUMBENT DIRECTOR MAY CAST MORE THAN 1 VOTE IN FAVOR OF HIS OR HER OWN REFLECTION. DIRECTORS OF THE ORGANIZATION SHALL NOT RECEIVE COMPENSATION FOR SERVING AS DIRECTORS. ANY COMPENSATION PAID TO AN DIRECTOR FOR PERSONAL SERVICES RENDERED TO THE ORGANIZATION SHALL BE PAID ONLY AFTER COMPLIANCE WITH THE ORGANIZATION'S POLICY GOVERNING CONFLICT OF INTEREST. HOWEVER, OFFICERS MAY RECEIVE REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED IN CONNECTION WITH CORPORATE MATTERS, PROVIDED THAT SUCH REIMBURSEMENT IS AUTHORIZED BY THE BOARD IN COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.