ARIZONA COMMUNITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

ARIZONA COMMUNITY FOUNDATION

EIN 86-0348306 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

to LEAD, SERVE and COLLABORATE to MOBILIZE ENDURING PHILANTHROPY for A BETTER ARIZONA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders38 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

54.63%of revenue went to mission work90.7% of expenses · Program services

1.74%of revenue went to fundraising2.9% of expenses

$60.26spent for every $100 of revenueRevenue covered expenses this year.

3.89%of revenue went to management and office costs6.5% of expenses

$9.77in assets for every $1 spent this yearSome assets cannot be spent right away.

73.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $594,208 for ANNA MARIA CHAVEZ (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$202,503,312

Mission workProgram services$110,633,48354.63% of revenue90.7% of expenses

ManagementOffice and general costs$7,873,9153.89% of revenue6.5% of expenses

FundraisingAsking for donations$3,514,9521.74% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$80,480,96239.74% of revenueShown in gray on the chart

Total expenses$122,022,35060.26% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.7% mission · 6.5% management · 2.9% fundraisingTotal expenses: 60.26% of revenue

2023Expense mix: 90.2% mission · 7.6% management · 2.2% fundraisingTotal expenses: 99.47% of revenue

2022Expense mix: 90.6% mission · 7.0% management · 2.4% fundraisingTotal expenses: 79.83% of revenue

2021Expense mix: 91.1% mission · 6.6% management · 2.3% fundraisingTotal expenses: 46.24% of revenue

2020Expense mix: 91.7% mission · 5.8% management · 2.5% fundraisingTotal expenses: 76.58% of revenue

2019Expense mix: 89.0% mission · 7.6% management · 3.3% fundraisingTotal expenses: 65.56% of revenue

2018Expense mix: 83.2% mission · 12.0% management · 4.8% fundraisingTotal expenses: 70.33% of revenue

2017Expense mix: 85.3% mission · 11.1% management · 3.7% fundraisingTotal expenses: 54.31% of revenue

Money in and money out

Revenue$202,503,312

Expenses$122,022,350

Annual surplus $80,480,962 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$110,633,483 · 90.7% of expenses

Management and office costs$7,873,915 · 6.5% of expenses

Fundraising$3,514,952 · 2.9% of expenses

See all reported dollar amounts

Revenue$202,503,312

Expenses$122,022,350

Assets$1,192,273,305

Income$401,476,811

Contributions$149,400,536

Mission work (program services)$110,633,483

Fundraising$3,514,952

Grants given$559,752,231

Average grant$53,859

Management and general$7,873,915

Executive compensation (total)$1,996,739

Stocks and bonds$591,413,295

Accounting fees$267,630

Investing fees$2,492,712

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANNA MARIA CHAVEZPRESIDENT & CEO · 45 hrs/week $594,208Base $572,500 · Other $21,708

ERIC NYSTROMCHIEF OPERATING OFFICER · 45 hrs/week $379,600Base $350,379 · Other $29,221

KIMBERLY KURCHIEF DEVELOPMENT OFFICER · 45 hrs/week $306,668Base $276,728 · Other $29,940

MONICA BROWNCHIEF PEOPLE OFFICER · 45 hrs/week $246,814Base $240,063 · Other $6,751

KIM COVINGTONVP, STRATEGIC PARTNERSHIPS · 45 hrs/week $196,658Base $169,454 · Other $27,204

CASEY STEVENSVP, INVESTMENTS · 45 hrs/week $176,438Base $158,557 · Other $17,881

LORENZO CHAVEZ EXECUTIVEDIRECTOR, EDUCATION & SCHOLARSHIPS · 45 hrs/week $158,246Base $139,200 · Other $19,046

STEPHANIE HARRERVP, CONTROLLER · 45 hrs/week $155,931Base $147,065 · Other $8,866

JACOB SHELLINGERGENERAL COUNSEL · 45 hrs/week $148,197Base $138,140 · Other $10,057

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (38)

ANNA MARIA CHAVEZPRESIDENT & CEO

ERIC NYSTROMCHIEF OPERATING OFFICER

KIMBERLY KURCHIEF DEVELOPMENT OFFICER

MONICA BROWNCHIEF PEOPLE OFFICER

KIM COVINGTONVP, STRATEGIC PARTNERSHIPS

CASEY STEVENSVP, INVESTMENTS

LORENZO CHAVEZ EXECUTIVEDIRECTOR, EDUCATION & SCHOLARSHIPS

STEPHANIE HARRERVP, CONTROLLER

JACOB SHELLINGERGENERAL COUNSEL

RUFUS GLASPERTREASURER

ROBBIN COULONIMMEDIATE PAST CHAIR

PATRICIA DUARTEDIRECTOR

NOREEN BISHOPDIRECTOR

MONICA NUVAMSADIRECTOR

STEVE BETTSDIRECTOR

MITCH MENCHACADIRECTOR

MICHELE HALYARDDIRECTOR

TAMMY MCLEODDIRECTOR

ANN MELSHEIMERDIRECTOR

MI-AI PARRISHDIRECTOR

MARK BOHNDIRECTOR

MARIANNE MAGODIRECTOR

XAVIER GUTIERREZDIRECTOR

LON BABBYDIRECTOR

LEONARDO LOODIRECTOR

LEEZIE KIMCHAIR

JIM AMEDURIDIRECTOR

JACOB MOOREDIRECTOR

HEIDI JANNENGASECRETARY

EVE ROSSDIRECTOR

ESSEN OTUDIRECTOR

DON OPATRNYDIRECTOR

DEANNA SALAZARDIRECTOR

DANNY BRYANTDIRECTOR

CURTISS SMITHDIRECTOR

CHARLEY FREERICKSVICE CHAIR

BETTINA NAVADIRECTOR

ANTHONY SHARETTDIRECTOR

About this charity

Recognized since: January 1981
Location: 2201 E CAMELBACK ROAD 405B, PHOENIX, AZ 85016
County: Maricopa
In care of: KARLA JONES
Primary officer: KARLA JONES, CFO

How to reach them

WebsiteVisit the charity’s website Phone(602) 381-1400 Officer phone(602) 682-2069

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes