ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Charity Report

Public IRS 990 nonprofit record

ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

EIN 86-6051042 · Education (B110)

What they do

THE ASU FOUNDATION for A NEW AMERICAN UNIVERSITY ("ASUF") is A PRIVATE, NONPROFIT ORGANIZATION THAT RAISES and MANAGES PRIVATE CONTRIBUTIONS to SUPPORT THE WORK of ARIZONA STATE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.30 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 leaders33 people are listed in the latest report.

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

Money made simple

45.92%of revenue went to mission work88.3% of expenses · Program services

5.63%of revenue went to fundraising10.8% of expenses

$52.00spent for every $100 of revenueRevenue covered expenses this year.

0.45%of revenue went to management and office costs0.9% of expenses

$9.79in assets for every $1 spent this yearSome assets cannot be spent right away.

80.1%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 $708,275 for GRETCHEN BUHLIG (CHIEF EXECUTIVE OFFICER ASUF). 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$452,595,918

Mission workProgram services$207,823,47945.92% of revenue88.3% of expenses

ManagementOffice and general costs$2,019,3520.45% of revenue0.9% of expenses

FundraisingAsking for donations$25,491,1465.63% of revenue10.8% of expenses

Revenue left after expensesReported annual surplus$217,261,94148.00% of revenueShown in gray on the chart

Total expenses$235,333,97752.00% 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: 88.3% mission · 0.9% management · 10.8% fundraisingTotal expenses: 52.00% of revenue

2023Expense mix: 87.7% mission · 0.6% management · 11.8% fundraisingTotal expenses: 77.38% of revenue

2022Expense mix: 86.1% mission · 0.4% management · 13.6% fundraisingTotal expenses: 57.95% of revenue

2021Expense mix: 87.3% mission · 3.7% management · 9.0% fundraisingTotal expenses: 58.24% of revenue

2020Expense mix: 86.0% mission · 5.6% management · 8.4% fundraisingTotal expenses: 60.64% of revenue

2019Expense mix: 90.1% mission · 6.3% management · 3.6% fundraisingTotal expenses: 71.39% of revenue

2018Expense mix: 89.5% mission · 6.9% management · 3.6% fundraisingTotal expenses: 55.77% of revenue

2017Expense mix: 89.3% mission · 7.3% management · 3.4% fundraisingTotal expenses: 64.60% of revenue

Money in and money out

Revenue$452,595,918

Expenses$235,333,977

Annual surplus $217,261,941 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)$207,823,479 · 88.3% of expenses

Management and office costs$2,019,352 · 0.9% of expenses

Fundraising$25,491,146 · 10.8% of expenses

See all reported dollar amounts

Revenue$452,595,918

Expenses$235,333,977

Assets$2,304,463,852

Income$464,347,102

Contributions$362,370,199

Mission work (program services)$207,823,479

Fundraising$25,491,146

Grants given$1,092,303,328

Average grant$4,942,549

Management and general$2,019,352

Stocks and bonds$827,703,495

Accounting fees$205,538

Investing fees$4,843,796

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

GRETCHEN BUHLIGCHIEF EXECUTIVE OFFICER ASUF · 50 hrs/week $708,275Base $621,255 · Other $87,020

JACQUELINE SMITHSENIOR VICE PRESIDENT · 40 hrs/week $353,310Base $296,319 · Other $56,991

CARLY NIERIEXECUTIVE DIRECTOR OF DEVELOPMENT · 40 hrs/week $351,442Base $302,213 · Other $49,229

ERIC SPICERVICE PRESIDENT UNIT DEVELOPMENT · 40 hrs/week $348,436Base $302,516 · Other $45,920

PATRICK MCDERMOTTCHIEF GLOBAL ADVANCEMENT OFFICER · 40 hrs/week $345,526Base $297,240 · Other $48,286

BILL KAVANVICE PRESIDENT ENGAGEMENT & OUTREACH · 40 hrs/week $340,426Base $296,173 · Other $44,253

VIRGINIA DESANTOVICE PRESIDENT, CFO & TREASURER · 8 hrs/week $44,812Base · Other $44,812

MACKENZIE WOODSGENERAL COUNSEL, SECRETARY (AS OF 9/24) · 1 hrs/week $12,087Base · Other $12,087

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 (33)

GRETCHEN BUHLIGCHIEF EXECUTIVE OFFICER ASUF

JACQUELINE SMITHSENIOR VICE PRESIDENT

CARLY NIERIEXECUTIVE DIRECTOR OF DEVELOPMENT

ERIC SPICERVICE PRESIDENT UNIT DEVELOPMENT

PATRICK MCDERMOTTCHIEF GLOBAL ADVANCEMENT OFFICER

BILL KAVANVICE PRESIDENT ENGAGEMENT & OUTREACH

VIRGINIA DESANTOVICE PRESIDENT, CFO & TREASURER

MACKENZIE WOODSGENERAL COUNSEL, SECRETARY (AS OF 9/24)

MALISSIA CLINTONDIRECTOR

ANNE MARIUCCIDIRECTOR

TONY SARSAMDIRECTOR

STEVE EVANSDIRECTOR

SATJIV CHAHILDIRECTOR

ROGER WITTLINSENIOR INVESTMENT ADVISOR

CHRIS HOWARDDIRECTOR

NICOLE COLYERSECRETARY (THRU 8/24)

MORGAN OLSENDIRECTOR

MICHAEL M CROWASU PRESIDENT

MICHAEL AGUIRREDIRECTOR

MEGAN BEUSDIRECTOR

MARY HENTGESDIRECTOR

DOUG FULTONDIRECTOR

LISA URIASDIRECTOR

LISA LOODIRECTOR

LAUREN BAILEYDIRECTOR

JUANITA F FRANCISVICE CHAIR

JOHN W GRAHAMCHAIR

JAZMIN MEDINADIRECTOR

JAY HEILERDIRECTOR

DENISE RESNIKDIRECTOR

IRA A FULTONDIRECTOR

HIROSHI HAMADADIRECTOR

HARRY A PAPPDIRECTOR

About this charity

Recognized since: January 1958
Location: PO BOX 2260ATTN PAYROLL BENEFITS, TEMPE, AZ 85281-0000
County: Maricopa
In care of: % VIRGINIA E DESANTO
Primary officer: VIRGINIA E DESANTO, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(480) 965-3759 Officer phone(480) 965-1791

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Education (B110)
Grant-giving organization: Yes