2025-03-14T20:14:33-05:00 2024-06-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-07-01 866051042 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ARIZ 4809653759 PO BOX 2260 TEMPE AZ 852802260 VIRGINIA E DESANTO TREASURER 4809653759 2025-05-15 1 0 WENDY CAMPOS P00448102 8185771900 2025-03-11 2023 2025-03-06 01:10:19Z ASU FOUNDATION GRETCHEN BUHLIG PO BOX 2260 TEMPE AZ 852802260 882758787 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. 26 23 212 27 1979799 360967 261097755 211476822 1014067 1047011 33762886 59963126 3444419 3656950 299319127 276143909 138871301 171068054 0 0 18037318 20244324 1986817 1757515 25171852 14564236 20606338 173459672 213676231 125859455 62467678 1879923397 2038433605 496619421 541890163 1383303976 1496543442 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 76974267 70297485 0 RESEARCH SUPPORT - THE ASU FOUNDATION PROVIDED MORE THAN $76.9 MILLION IN RESEARCH FUNDING FOR ASU. THE ASU FOUNDATION RECEIVED MORE THAN $80 MILLION OF CONTRIBUTIONS TO SUPPORT ASU RESEARCH IN INFORMATION PRIVACY AND SECURITY; SUPPLY CHAIN MANAGEMENT; ENVIRONMENT AND SUSTAINABILITY; EARLY CHILDHOOD EDUCATION, AND OTHER AREAS. 39041612 35655125 0 SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $39 MILLION IN SUPPORT OF SUSTAINABILITY AND EDUCATION ACTIVITIES, ENTREPRENEURIAL ACTIVITIES, AND PROGRAMMING ACTIVITIES. ASU FOUNDATION RECEIVED OVER $40 MILLION IN CONTRIBUTIONS TO SUPPORT THESE ACTIVITIES. 43315593 39558380 0 STUDENT AND FACULTY SUPPORT - THE ASU FOUNDATION PROVIDED OVER $43 MILLION FOR ASU PROGRAMS THAT ASSIST UNDERGRADUATE AND GRADUATE STUDENTS. ASU FOUNDATION RECEIVED OVER $44 MILLION OF CONTRIBUTIONS TO SUPPORT FACULTY RECOGNITION AND PROFESSORSHIPS AND FOR STUDENT SUPPORT. 27984447 25557064 4669296 THE ASU FOUNDATION PROVDED OVER $27.9 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 $28 MILLION OF CONTRIBUTIONS IN SUPPORT OF THESE ACTIVITIES. 27984447 25557064 4669296 187315919 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 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 127 0 1 212 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 26 23 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MI MN NC NH NJ NY OR PA RI SC TN UT VA WI WV X X VIRGINIA E DESANTO 4809651791 300 E UNIVERSITY DRIVE TEMPE AZ 85281 DANIEL DILLON DIRECTOR ASUF (THRU 3/24)/CEO ASUEP (THRU 12/23) 1.00 39.00 X 0 824034 76505 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER ASUF 49.00 1.00 X 611432 0 82365 JACQUELINE SMITH VICE PRESIDENT 40.00 0.00 X 354662 0 53023 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 40.00 0.00 X 339737 0 45314 ERIC SPICER VICE PRESIDENT UNIT DEVELOPMENT 40.00 0.00 X 327226 0 41805 SUZANNE RINKER VICE PRESIDENT ENTERPRISE DEVELOPMENT 40.00 0.00 X 310645 0 51779 BILL KAVAN VICE PRESIDENT ENGAGEMENT & OUTREACH 40.00 0.00 X 316120 0 43819 VIRGINIA DESANTO VICE PRESIDENT, CFO & TREASURER 10.00 40.00 X X 0 305588 44377 HOPE SHARETT SECRETARY/GENERAL COUNSEL (THRU 12/23) 1.00 49.00 X 0 292576 49941 MARK SEARLE DIRECTOR ASUF CEO (ASUEP) (3/24 THRU 6/24) 1.00 39.00 X 0 0 0 JOHN GRAHAM CHAIR 1.00 1.00 X X 0 0 0 NITA FRANCIS VICE CHAIR 1.00 1.00 X X 0 0 0 NICOLE COLYER SECRETARY 1.00 1.00 X X 0 0 0 MACKENZIE WOODS INTERIM SECRETARY (1/24 THRU 5/24) 1.00 1.00 X X 0 0 0 DENISE RESNIK DIRECTOR 2.00 0.00 X 0 0 0 ROGER WITTLIN SENIOR INVESTMENT ADVISOR 1.00 0.00 X 0 0 0 KEITH WIRTZ DIRECTOR (THRU 5/24) 1.00 0.00 X 0 0 0 LISA URIAS DIRECTOR 2.00 0.00 X 0 0 0 TONY SARSAM DIRECTOR 2.00 0.00 X 0 0 0 CHRIS HOWARD DIRECTOR 1.00 1.00 X 0 0 0 HARRY PAPP DIRECTOR 2.00 0.00 X 0 0 0 MORGAN OLSEN DIRECTOR 1.00 2.00 X 0 0 0 ANNE MARIUCCI DIRECTOR 1.00 1.00 X 0 0 0 LISA LOO DIRECTOR 1.00 1.00 X 0 0 0 JAZMIN MEDINA DIRECTOR 1.00 0.00 X 0 0 0 HIROSHI HAMADA DIRECTOR 1.00 0.00 X 0 0 0 JAY HEILER DIRECTOR 2.00 0.00 X 0 0 0 LAUREN BAILEY DIRECTOR 2.00 0.00 X 0 0 0 STEVE BETTS DIRECTOR (THRU 5/24) 1.00 1.00 X 0 0 0 IRA FULTON DIRECTOR 2.00 0.00 X 0 0 0 DOUG FULTON DIRECTOR 2.00 0.00 X 0 0 0 MARY HENTGES DIRECTOR 2.00 0.00 X 0 0 0 STEVE EVANS DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CROW ASU PRESIDENT 1.00 1.00 X 0 0 0 SATJIV CHAHIL DIRECTOR 1.00 0.00 X 0 0 0 MALISSIA CLINTON DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL AGUIRRE DIRECTOR 1.00 0.00 X 0 0 0 2259822 1422198 488928 57 0 1 0 BLACKROCK 55 EAST 52ND STREET NEW YORK NY 10055 OUTSOURCED CI 951186 TRUE SENSE MARKETING INC PO BOX 645421 PITTSBURGH PA 15264 CONSULTING 709238 LAUREL STRATEGIES INC 4A OXFORD STREET CHEVY CHASE MD 20815 CONSULTING 607017 THE EUDY COMPANY LTD 4200 MASSACHUSETTS AVE NW 312 WASHINGTON DC 20016 PROFESSIONAL FUNDRAISER 285176 NJI MEDIA 101 1/2 SOUTH UNION STREET ALEXANDRIA VA 22314 CONSULTING 265000 19 1847425 209629397 3316056 211476822 PROGRAM SUPPORT 611710 1012493 1012493 PROGRAM REV & MEMBERS 541900 34518 34518 1047011 29510689 1979799 27530890 34665 34665 637067315 606614878 30452437 30452437 30452437 ASSET MANAGEMENT FEES 900099 3601470 3601470 MISCELLANEOUS 900099 20815 20815 3622285 276143909 4669296 1979799 58017992 170758054 170758054 310000 310000 650393 177836 315038 157519 274605 274605 15102319 22193 15080126 964689 964689 2149166 154098 30854 1964214 1103152 1103152 423 423 155393 155393 1757515 1757515 3880055 3880055 5272808 4589371 187051 496386 225060 11376 213684 1764516 944036 52772 767708 98046 32196 60746 5104 28797 36 -555 29316 1918360 1115057 95380 707923 101935 22773 8494 70668 21126 20035 306 785 MEALS AND CULTIVATION 6732339 4992701 272051 1467587 FEES AND SUBSCRIPTION 366171 247396 10930 107845 41309 38283 3026 213676231 187315919 1188460 25171852 8711317 6079009 217144326 241997411 2367092 2771553 120141 76391 19178736 215554 20663182 18963182 678266119 698813189 929563391 1033614085 23087829 36118785 1879923397 2038433605 4478549 6250940 26119181 24507166 460874418 506097211 5147273 5034846 496619421 541890163 X -1804299 -3806716 1385108275 1500350158 1383303976 1496543442 1879923397 2038433605 X 62467678 102548389 -51776601 X 0 1 X 1 0 X 173596169 153097956 219622717 261097755 211476822 1018891419 173596169 153097956 219622717 261097755 211476822 1018891419 30539732 988351687 17944330 14217519 24540818 25978228 27565555 110246450 630063 983115 1979799 3592977 1132730846 20288038 0.87250 0.88590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 360196 0 360196 213676231 239035704 213676231 239395900 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 387280 309780 335408 360196 1392664 250000 250000 250000 250000 1000000 1500000 102250 0 0 0 102250 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 1690280 189214 71249 1808245 1 X 950184564 26367243 107891797 35087283 15343205 1034013116 884997188 70183235 40893938 32564998 13324799 950184564 846077421 77196604 21347016 45110349 14513504 884997188 670900763 42560940 172311073 27373304 12332051 846067421 640042430 31582931 34863598 23827409 11760787 670900763 0.01770 0.85068 0.13162 0 0 18963182 18963182 215554 215554 0 18963182 GLOBAL EQUITIES 183108928 F GLOBAL FIXED INCOME 104600141 F DIVERSIFY STRATEGIES 245027523 F REAL ASSETS 112552840 F PRIVATE CAPITAL 388324653 F 1033614085 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 5034846 5034846 X 335647186 102548389 9216803 -51155019 60610173 275037013 3880055 -2773159 1106896 276143909 222085459 9216803 3073957 12290760 209794699 3880055 1477 3881532 213676231 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 LIABILITIES 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 SERVICES, 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, 2024, 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, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ASSETS DUE TO OTHERS -51,755,727. CHANGE IN VALUE IN SPLIT INTEREST AGREEMENTS 600,708. PART XI, LINE 4B - OTHER ADJUSTMENTS: SERVICE AGREEMENT REVENUE -3,137,833. FOREIGN TAXES 1,477. TAYLOR TRUST REVENUE -181,098. ASU GLOBAL UK REVENUE -140,421. ENTERPRISE PARTNERS INVESTMENT EXPENSE 684,716. PART XII, LINE 2D - OTHER ADJUSTMENTS: SERVICE AGREEMENT REVENUE 3,137,833. ASU GLOBAL UK EXPENSES 246,124. ELIMINATIONS BETWEEN OUTSTIDE ENTITIES -310,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 1,477. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 240556000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 29171000 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 11562000 NORTH AMERICA 0 0 INVESTMENTS 2012000 EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 GRANTMAKING 310000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 43289 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 1041 NORTH AMERICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 5185 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 932 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 85797 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 75840 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 2100 1 1 0 0 1 1 283660515 164669 283825184 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SUPPORT 310000 WIRE 0 1 0 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. X X X X X 1 THE EUDY COMPANY LTD 4200 MASSACHUSETTS AVE NW WASHINGTON DC 20016 FUNDRAISER 1 5331101 301232 5029869 DAUN LLC 207 WEST 21ST ST NEW YORK NY 10011 FUNDRAISER 0 0 60000 0 LAUREL STRATEGIES INC 4A OXFORD ST CHEVY CHASE MD 20815 CONSULTANT 0 0 633191 0 ELIASSON GROUP 55 WALKERS BROOK DR READING MA 01867 CONSULTANT 0 0 123000 0 AMBER JOHNSON 2710 CORIANDER PL EDGEWATER MD 21037 CONSULTANT 0 0 100008 0 TRUE SENSE MARKETING PO BOX 645421 PITTSBURGH PA 15264 CONSULTANT 0 0 540084 0 5331101 1757515 5029869 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN NC ND NH NJ NV NY OH OK OR PA RI SC TN UT VA WA WI WV 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 168356121 0 PROGRAM SUPPORT THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT 400 E VAN BUREN STE 900 PHOENIX AZ 85004 860105586 501(C)(3) 629134 0 PROGRAM SUPPORT EARTH SCHOOL EDUCATIONAL FOUNDATION 555 N CENTRAL AVE STE 402P PHOENIX AZ 85004 261204422 501(C)(3) 577309 0 PROGRAM SUPPORT ASU ENTERPRISE PARTNERS PO BOX 2260 TEMPE AZ 852802260 475599177 501(C)(3) 207455 0 PROGRAM SUPPORT RESEARCH COLLABORATORY AT ASU PO BOX 2260 TEMPE AZ 852802260 463815674 501(C)(3) 150000 0 PROGRAM SUPPORT ASU RESEARCH ENTERPRISE PO BOX 2260 TEMPE AZ 852802260 900868685 501(C)(3) 140000 0 PROGRAM SUPPORT ASU PREPARATORY ACADEMY PO BOX 877304 TEMPE AZ 852877304 260664313 501(C)(3) 92001 0 PROGRAM SUPPORT UNIVERSITY OF ARIZONA 888 N EUCLID AVE ROOM 402 TUCSON AZ 85721 742652689 115 63535 0 PROGRAM SUPPORT ASU ALUMNI ASSOCIATION PO BOX 873702 TEMPE AZ 85287 866053009 501(C)(3) 44000 0 PROGRAM SUPPORT MAYO CLINIC 200 FIRST ST SW ROCHESTER MN 55905 416011702 501(C)(3) 43950 0 PROGRAM SUPPORT EDUCATION FORWARD ARIZONA 4747 N 32ND ST STE 150 PHOENIX AZ 85018 202366755 501(C)(3) 41291 0 PROGRAM SUPPORT JUNIOR ACHIEVEMENT OF ARIZONA INC 636 W SOUTHERN AVE TEMPE AZ 85282 860184349 501(C)(3) 30000 0 PROGRAM SUPPORT GRAND CANYON COUNCIL BOY SCOUTS OF AMERICA 2960 BROADWAY NEW YORK NY 10027 860101295 501(C)(3) 25000 0 PROGRAM SUPPORT ASU ENTERPRISE PARTNERS OUTREACH HUB PO BOX 2260 TEMPE AZ 852802260 882681235 501(C)(3) 22000 0 PROGRAM SUPPORT HIGHLAND BAND BOOSTERS PO BOX 2414 GILBERT AZ 85299 510548043 501(C)(3) 20600 0 PROGRAM SUPPORT DIGITAL EQUITY INSTITUTE 2055 E WARNER ROAD TEMPE AZ 85284 871909527 501(C)(3) 20000 0 PROGRAM SUPPORT NATIONAL EDUCATION EQUITY LAB 648 BROADWAY STE 603 NEW YORK NY 10012 833914379 501(C)(3) 15000 0 PROGRAM SUPPORT UNIVERSITY OF WASHINGTON PO BOX 353200 SEATTLE WA 98195 916001537 115 15000 0 PROGRAM SUPPORT THE LEADERSHIP CONSORTIUM PO BOX 90847 PHOENIX AZ 85066 731628275 501(C)(3) 10000 0 PROGRAM SUPPORT MEXICAN CULTURAL INSTITUTE 2829 16TH ST NW WASHINGTON DC 20009 521732486 501(C)(3) 10000 0 PROGRAM SUPPORT PHOENIX SISTER CITIES INC 200 W WASHINGTON ST 29TH FL PHOENIX AZ 85003 510169319 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 NORTHERN FOOTBALL FOUNDATION 433 LAS COLINAS BLVD E STE 1130 IRVING TX 75039 221508812 501(C)(3) 8000 0 PROGRAM SUPPORT NORTHERN ARIZONA UNIVERSITY PO BOX 4080 FLAGSTAFF AZ 86011 742579628 115 7500 0 PROGRAM SUPPORT SANDRA DAY O'CONNOR INSTITUTE PO BOX 4425 PHOENIX AZ 85030 263521510 501(C)(3) 7500 0 PROGRAM SUPPORT COLUMBIA UNIVERSITY SCHOOL OF ARTS 2960 BROADWAY NEW YORK NY 10027 135937475 501(C)(3) 7500 0 PROGRAM SUPPORT GEORGE FLOYD GLOBAL MEMORIAL 2501 CHICAGO AVE MINNEAPOLIS MN 55407 853271661 501(C)(3) 6000 0 PROGRAM SUPPORT THE BROADWAY LEAGUE FOUNDATION 729 7TH AVE 5TH FL NEW YORK NY 10019 133740065 501(C)(3) 6000 0 PROGRAM SUPPORT ARIZONA FOOD MARKETING ALLIANCE 120 E PIERCE ST PHOENIX AZ 85004 860069988 501(C)(6) 5875 0 PROGRAM SUPPORT TRENDS CHARITABLE FUND 4400 N SCOTTSDALE RD STE 9 928 SCOTTSDALE AZ 85251 860826428 501(C)(3) 5175 0 PROGRAM SUPPORT ROOSEVELT ROW COMMUNITY DEVELOPMENT CORPORATION 922 N 5TH ST PHOENIX AZ 85004 205937475 501(C)(3) 5150 0 PROGRAM SUPPORT INTERNATIONAL WOMENS MEDIA FOUNDATION 1625 K ST NW WASHINGTON DC 20006 521648942 501(C)(3) 123945 0 PROGRAM SUPPORT 30 2 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 NONPROFITS 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 (THRU 3/24)/CEO ASUEP (THRU 12/23) 0 565792 0 235000 0 23242 0 45600 0 30905 0 900539 0 0 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER ASUF 488890 0 113000 0 9542 0 45600 0 36765 0 693797 0 0 0 JACQUELINE SMITH VICE PRESIDENT 276162 0 78500 0 0 0 21635 0 31388 0 407685 0 0 0 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 281737 0 58000 0 0 0 21768 0 23546 0 385051 0 0 0 ERIC SPICER VICE PRESIDENT UNIT DEVELOPMENT 270376 0 56850 0 0 0 21416 0 20389 0 369031 0 0 0 SUZANNE RINKER VICE PRESIDENT ENTERPRISE DEVELOPMEN 267220 0 43425 0 0 0 19451 0 32328 0 362424 0 0 0 BILL KAVAN VICE PRESIDENT ENGAGEMENT & OUTREACH 267325 0 48795 0 0 0 20935 0 22884 0 359939 0 0 0 VIRGINIA DESANTO VICE PRESIDENT, CFO & TREASURER 0 278043 0 27545 0 0 0 20865 0 23512 0 349965 0 0 HOPE SHARETT SECRETARY/GENERAL COUNSEL (THRU 12/2 0 265956 0 26620 0 0 0 20071 0 29870 0 342517 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 TO ACQUIRE, IMPROVE, AND EQUIP FACILITY. 0 0 0 A 6685000 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 IV, LINE 2C, BOND A, REBATE COMPUTATION: THE REBATE COMPUTATION FOR THE 2014 BOND A WAS LAST PERFORMED ON 12/16/2019. SYBIL FRANCIS FAMILY MEMBER OF DIRECTOR 274605 COMPENSATION FOR EMPLOYMENT 0 PART IV, COLUMN (C) THE AMOUNT OF COMPENSATION REPORTED FOR SYBIL FRANCIS INCLUDES SALARY, BENEFITS, AND OTHER DEFERRED COMPENSATION. X 2 160001 EXPERT OPINION X 19872 EXPERT OPINION X 3375 EXPERT OPINION X 1 7575 FAIR MARKET VALUE X 69 3013528 FAIR MARKET VALUE X 1 107603 RETAIL X TALENT INSIGHTS ENGAGEMENT SESSIONS 1 3500 RETAIL X FOOTBALL HELMETS 1 353 EXPERT OPINION X GIFT CARDS 1 150 RETAIL X CRYPTOCURRENCY 1 99 FAIR MARKET VALUE 1 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 TO 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 THE 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 XI, LINE 9: CHANGE IN ASSETS DUE TO OTHER ENTITIES -51,755,727. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 600,708. TAYLOR TRUST ELIMINATION 63,134. EP INVESTMENT EXPENSE -684,716. 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. ASUF DC LLC PO BOX 2260 TEMPE AZ 85280 866051042 REAL ESTATE AZ 859558 20695973 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 MX EDUCATION MX 501(C)(3) GLOBAL III 0 RCASU GERMANY GGMBH VALENTINSKAMP 70 HAMBURG GM 20355 HOLDING CO. 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