2023-02-28T10:06:52-06:00 2022-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2021-07-01 866051042 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ARIZ 4809651791 PO BOX 2260 TEMPE AZ 852802260 VIRGINIA E DESANTO TREASURER 4809651791 2023-02-28 1 VIRGINIA DESANTO XXX-XX-XXXX DANIEL ROMANO P00504182 2125990100 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ASU FOUNDATION GRETCHEN BUHLIG PO BOX 2260 TEMPE AZ 852802260 1076466121 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. 25 22 205 25 630063 0 153097956 219622717 1436383 759123 76067636 71627665 2776167 3464691 233378142 295474196 115027595 140765492 0 0 9797226 12047872 1293997 712980 15471400 15409403 18562688 141528221 172089032 91849921 123385164 1623439615 1713596162 440448876 459764662 1182990739 1253831500 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 49595180 46452612 125779 RESEARCH SUPPORT - THE ASU FOUNDATION PROVIDED MORE THAN $49 MILLION IN RESEARCH FUNDING FOR ASU. IN ADDITION TO THE $125 THOUSAND OF PROGRAM REVENUE, THE ASU FOUNDATION RECEIVED MORE THAN $46 MILLION OF CONTRIBUTIONS TO SUPPORT ASU RESEARCH IN INFORMATION PRIVACY AND SECURITY; SUPPLY CHAIN MANAGEMENT; ENVIRONMENT AND SUSTAINABILITY; EARLY CHILDHOOD EDUCATION AND OTHER AREAS. 27051916 25337789 1509348 SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $27 MILLION IN SUPPORT OF SUSTAINABILITY AND EDUCATION ACTIVITIES, ENTREPRENEURIAL ACTIVITIES, AND PROGRAMMING ACTIVITIES. IN ADDITION TO THE PROGRAM REVENUE OF MORE THAN $1 MILLION, ASU FOUNDATION RECEIVED OVER $25 MILLION IN CONTRIBUTIONS TO SUPPORT THESE ACTIVITIES. 33063453 30968408 1928612 STUDENT AND FACULTY SUPPORT - THE ASU FOUNDATION PROVIDED OVER $33 MILLION FOR ASU PROGRAMS THAT ASSIST UNDERGRADUATE AND GRADUATE STUDENTS. IN ADDITION TO MORE THAN $1 MILLION OF PROGRAM REVENUE, ASU FOUNDATION RECEIVED OVER $30 MILLION OF CONTRIBUTIONS TO SUPPORT FACULTY RECOGNITION AND PROFESSORSHIPS AND FOR STUDENT SUPPORT. 40577876 38006683 628895 THE ASU FOUNDATION PROVIDED OVER $40 MILLION TO SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. IN ADDITION TO THE MORE THAN $600 THOUSAND OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED OVER $38 MILLION OF CONTRIBUTIONS IN SUPPORT OF THESE ACTIVITIES. 40577876 38006683 628895 150288425 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 93 0 1 205 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 25 22 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X VIRGINIA E DESANTO 4809651791 300 E UNIVERSITY DRIVE TEMPE AZ 85281 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER (ASUF) 49.00 1.00 X 536545 0 62027 VIRGINIA DESANTO VICE PRESIDENT, CFO & TREASURER 10.00 40.00 X X 0 280300 34890 KIMBERLY HOPELY SENIOR VP/CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 261894 0 38092 HOPE SHARETT SECRETARY/GENERAL COUNSEL 1.00 49.00 X 0 260814 37776 JACQUELINE SMITH VICE PRESIDENT 40.00 0.00 X 224348 0 40814 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 40.00 0.00 X 222083 0 34242 SYBIL FRANCIS EXECUTIVE DIRECTOR 40.00 0.00 X 234429 0 20672 SUZANNE RINKER VP ENTERPRISE DEVELOPMENT 40.00 0.00 X 211499 0 38019 LAUREN BAILEY DIRECTOR 2.00 0.00 X 0 0 0 STEVE BETTS CHAIR (UR) 1.00 1.00 X 0 0 0 JOSE CARDENAS DIRECTOR (THRU 05/2022) 1.00 1.00 X 0 0 0 MALISSIA CLINTON DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL CROW ASU PRESIDENT 1.00 1.00 X 0 0 0 DANIEL DILLON DIRECTOR (ASUF)/CEO (ASUEP) 1.00 49.00 X 0 761014 69086 STEVE EVANS DIRECTOR 1.00 0.00 X 0 0 0 NITA FRANCIS VICE-CHAIR 1.00 1.00 X 0 0 0 DOUG FULTON DIRECTOR 2.00 0.00 X 0 0 0 IRA FULTON DIRECTOR 2.00 0.00 X 0 0 0 JOHN GRAHAM CHAIR 1.00 1.00 X 0 0 0 JAY HEILER DIRECTOR 2.00 0.00 X 0 0 0 MARY HENTGES DIRECTOR 2.00 0.00 X 0 0 0 CHRIS HOWARD DIRECTOR 1.00 1.00 X 0 0 0 LISA LOO DIRECTOR 1.00 1.00 X 0 0 0 ANNE MARIUCCI DIRECTOR 1.00 1.00 X 0 0 0 JIM O'BRIEN DIRECTOR (THRU 05/2022) 1.00 2.00 X 0 0 0 MORGAN OLSEN DIRECTOR 1.00 2.00 X 0 0 0 HARRY PAPP DIRECTOR 2.00 0.00 X 0 0 0 WILLIAM POST DIRECTOR & EP CHAIR 1.00 1.00 X 0 0 0 DENISE RESNIK DIRECTOR 2.00 0.00 X 0 0 0 TONY SARSAM DIRECTOR 2.00 0.00 X 0 0 0 GARY TRUJILLO DIRECTOR 2.00 0.00 X 0 0 0 LISA URIAS DIRECTOR 2.00 0.00 X 0 0 0 KEITH WIRTZ DIRECTOR 2.00 0.00 X 0 0 0 ROGER WITTLIN SENIOR INVESTMENT ADVISOR 1.00 1.00 X 0 0 0 1690798 1302128 375618 35 0 1 0 BLACKROCK INC 55 EAST 52ND STREET NEW YORK NY 10055 OUTSOURCED CIO 1831227 QUESTEX LLC 3 SPEEN STREET SUITE 300 FRAMINGHAM MA 01701 EVENT PLANNING 739375 LAUREL STRATEGIES INC 4A OXFORD STREET CHEVY CHASE MD 20815 CONSULTING 600750 SCOTT PRENN LLP 28 OLD BROMPTON ROAD LONDON UK SW7 3SS CONSULTING 249593 THE EUDY COMPANY LTD 4200 MASSACHUSETTS AVE NW WASHINGTON DC 20016 FUNDRAISING 243820 19 X 13587362 206035355 2616124 219622717 PROGRAM SUPPORT 611710 719564 719564 PROGRAM REV & MBRSHP 541900 39559 39559 759123 25139701 630063 24509638 31180 31180 827479889 780991925 46487964 46487964 46487964 ASSET MANAGEMENT FEES 900099 3411858 3411858 MISCELLANEOUS 900099 21653 21653 3433511 295474196 4192634 630063 71028782 X 140703492 140703492 62000 62000 399815 79963 79963 239889 237371 237371 8782290 348 8781942 598883 598883 1368975 4914 110215 1253846 660538 660538 5814 2336 3478 100076 41005 59071 712980 712980 4484908 4484908 2898223 1481038 226825 1190360 122066 61034 61032 880234 400357 7487 472390 33857 31098 2759 11190 5270 5920 874493 503731 6821 363941 62842 11969 5778 45095 5783524 5783524 13658 12896 26 736 MEALS AND CULTIVATION 3018095 2295488 22223 700384 FEES AND SUBSCRIPTIONS 224456 98601 45340 80515 MISCELLANEOUS 49252 48982 0 270 172089032 150288425 6329207 15471400 2814167 8334447 144040885 155822330 1598269 8780976 31391 0 891133 226463 679008 664670 755252949 654916306 696800271 864956119 22222675 20121314 1623439615 1713596162 2931880 25293764 0 0 432561823 430574467 4955173 3896431 440448876 459764662 X 2307750 4472089 1180682989 1249359411 1182990739 1253831500 1623439615 1713596162 X 123385164 -78028720 25484317 X 0 1 X 1 0 X 171999959 183737843 173596169 153097956 219622717 902054644 171999959 183737843 173596169 153097956 219622717 902054644 24643323 877411321 9330873 13903084 17944330 14217519 24540818 79936624 630063 630063 982621331 18079599 0.89290 0.88150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 149970765 0 149970765 0 1000000 0 250000 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 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 1711404 40614 -64446 1687572 1 X 846077421 77196604 21347016 45110349 14513504 884997188 670900763 42560940 172311073 27373304 12322051 846077421 640042430 31582931 34863598 23827409 11760787 670900763 553203978 62208311 61651872 26990053 10031678 640042430 507898539 41800739 37472868 25537334 9708834 551925978 0.00000 0.87500 0.12500 0 0 663182 663182 227951 226463 1488 664670 8041 F GLOBAL EQUITIES 115849780 F GLOBAL FIXED INCOME 114865025 F DIVERSIFYING STRATEGIES 207572922 F REAL ASSETS 125591217 F PRIVATE CAPITAL 301046016 F OTHER CASH INVESTMENTS 23118 F 864956119 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 3896431 3896431 X 249796978 -78028719 26215771 -51812948 301609926 4484908 -10620638 -6135730 295474196 178978956 11375999 11375999 167602957 4484908 1167 4486075 172089032 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 LIABILITY ASUF HOLDS ASSETS AS THE TRUSTEE OF A GRANTOR TRUST FOR ASU AND HOLDS ASSETS UNDER AN INVESTMENT AGREEMENT WITH THE ASU ALUMNI ASSOCIATION. PART V, LINE 4: INTENDED USE OF ENDOWMENT ALL ENDOWMENT EXPENDITURES SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE, 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. EACH 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 PRESENTLY 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, 2022, 2021, 2020, AND 2019 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, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ASSETS DUE TO OTHERS 27,988,998. CHANGE IN VALUE IN SPLIT INTEREST AGREEMENTS -1,773,227. PART XI, LINE 4B - OTHER ADJUSTMENTS: SERVICE AGREEMENT -11,381,646. FOREIGN TAXES 1,167. TAYLOR TRUST REVENUE 23,831. ENTERPRISE PARTNERS INVESTMENT EXPENSE 791,454. ASUF UK REVENUE -55,444. PART XII, LINE 2D - OTHER ADJUSTMENTS: SERVICE AGREEMENT 11,381,646. ASUF UK EXPENSES 54,353. ELIMINATIONS BETWEEN OUTSIDE ENTITIES -60,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 1,167. 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 2000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 242590000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 5000 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 7658000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 60000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 22472000 EUROPE (INCLUDING ICELAND & GREENLAND) 1 0 FUNDRAISING 278000 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 4000 NORTH AMERICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 8000 NORTH AMERICA 0 0 INVESTMENTS 1159000 SOUTH AMERICA 0 0 FUNDRAISING 9000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES UNIVERSITY ACTIVITIES 1000 1 0 0 0 1 0 273069000 1177000 274246000 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SUPPORT 60000 WIRE 0 1 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X X 1 THE EUDY COMPANY LTD 4200 MASSACHUSETTS AVENUE NW WASHINGTON DC DC 20016 FUNDRAISER 0 4920810 240985 4679825 LAUREL STRATEGIES INC 4A OXFORD STREET CHEVY CHASE MD 20815 CONSULTING 0 0 600750 0 SCOTT PRENN LLP 28 OLD BROMPTON ROAD LONDON UK SW7 3SS CONSULTING 0 0 292382 0 DAUN LLC 207 WEST 21ST STREET NEW YORK NY 10011 FUNDRAISER 0 0 240000 0 ELIASSON GROUP 55 WALKERS BROOK DRIVE READING MA 01867 CONSULTING 0 0 172250 0 INTERNATIONAL WOMENS MEDIA FOUNDATION 1625 K STREET NW WASHINGTON DC DC 20006 CONSULTING 0 0 156751 0 AMBER JOHNSON 2710 CORIANDER PLACE EDGEWATER MD 21037 CONSULTING 0 0 101982 0 WINDSOR WHITE ASSOCIATES 661 WINDSOR DRIVE MENLO PARK CA 94025 CONSULTING 0 0 90000 0 SIDE PORCH CONSULTING GROUP LLC 1112 MONTANA AVENUE 346 SANTA MONICA CA 90403 CONSULTING 0 0 60000 0 FERVOR CREATIVE INC 7038 EAST OSBORN ROAD SCOTTSDALE AZ 85251 CONSULTING 0 0 26610 0 4920810 1981710 4679825 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, COLUMN (IV): GROSS RECEIPTS FROM ACTIVITY AMOUNTS PAID TO FUNDRAISERS WITH NO GROSS RECEIPTS WERE FOR FUNDRAISING MATERIALS AND COUNSEL ONLY. 1 ARIZONA STATE UNIVERSITY PO BOX 875505 TEMPE AZ 85287 860196696 115 136758584 0 PROGRAM SUPPORT ASU ENTERPRISE PARTNERS PO BOX 2260 TEMPE AZ 85280 475599177 501(C)(3) 931250 0 PROGRAM SUPPORT ASU ALUMNI ASSOCIATION PO BOX 873702 TEMPE AZ 85287 866053009 501(C)(3) 792950 0 PROGRAM SUPPORT HAWAII MARINE EDUCATION AND RESEARCH CENTER PO BOX 1372 VOLCANO HI 96785 821614744 501(C)(3) 525000 0 PROGRAM SUPPORT ARIZONA AGRICULTURAL EDUCATION FFA FOUNDATION PO BOX 5310 GLENDALE AZ 85312 860531662 501(C)(3) 429573 0 PROGRAM SUPPORT THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT 400 E VAN BUREN SUITE 900 PHOENIX AZ 85004 860105586 501(C)(3) 343024 0 PROGRAM SUPPORT UNIVERSITY REALTY LLC PO BOX 2260 TEMPE AZ 85280 475599177 501(C)(3) 285804 0 PROGRAM SUPPORT EDUCATION FORWARD ARIZONA 4747 N 32 ST SUITE 150 PHOENIX AZ 85018 202366755 501(C)(3) 94458 0 PROGRAM SUPPORT RESEARCH COLLABORATORY AT ASU PO BOX 2260 TEMPE AZ 85280 463815674 501(C)(3) 86500 0 PROGRAM SUPPORT ASU PREPARATORY ACADEMY PO BOX 877304 TEMPE AZ 85287 260664313 501(C)(3) 85151 0 PROGRAM SUPPORT UNIVERSITY OF ARIZONA 888 N EUCLID AVE ROOM 402 TUCSON AZ 85721 742652689 115 73500 0 PROGRAM SUPPORT JUNIOR ACHIEVEMENT OF ARIZONA INC 636 W SOUTHERN AVE TEMPE AZ 85282 860184349 501(C)(3) 60000 0 COMMUNITY OUTREACH AXIA INTERNATIONAL 13121 LOUETTA ROAD 1075 CYPRESS TX 77429 842060615 501(C)(3) 35000 0 COMMUNITY OUTREACH MAYO CLINIC ALIX SCHOOL OF MEDICINE 200 FIRST STREET SW ROCHESTER MN 55905 416011702 501(C)(3) 26450 0 PROGRAM SUPPORT THE TIA FOUNDATION PO BOX 36203 PHOENIX AZ 85067 204159280 501(C)(3) 20000 0 COMMUNITY OUTREACH HIGHLAND BAND BOOSTERS PO BOX 2414 GILBERT AZ 85299 510548043 501(C)(3) 15400 0 COMMUNITY OUTREACH GOLDWATER INSTITUTE 500 E CORONADO ROAD PHOENIX AZ 85004 860597661 501(C)(3) 10000 0 COMMUNITY OUTREACH NORTHERN ARIZONA UNIVERSITY PO BOX 4080 FLAGSTAFF AZ 86011 742579628 115 8500 0 PROGRAM SUPPORT NATIONAL FOOTBALL FOUNDATION 433 LAS COLINAS BLVD E SUITE 1130 IRVING TX 75039 221508812 501(C)(3) 8240 0 COMMUNITY OUTREACH SUN DEVIL MOCK TRIAL 3026 E NORWOOD STREET MESA AZ 85213 721618795 501(C)(3) 8000 0 PROGRAM SUPPORT GREATER PHOENIX CHAMBER OF COMMERCE 201 N CENTRAL AVE SUITE 2700 PHOENIX AZ 85004 860046963 501(C)(6) 6500 0 PROGRAM SUPPORT THE BROADWAY LEAGUE FOUNDATION 729 7TH AVE 5TH FLOOR NEW YORK NY 10019 133740065 501(C)(3) 5500 0 COMMUNITY OUTREACH ARIZONA FOOD MARKETING ALLIANCE 120 E PIERCE STREET PHOENIX AZ 85004 860069988 501(C)(6) 5500 0 COMMUNITY OUTREACH AMERICAN INDIAN LAW CENTER PO BOX 4456 ALBUQUERQUE NM 87196 850250024 501(C)(3) 5400 0 COMMUNITY OUTREACH FREEDOM NETWORK USA 712 H STREET NE SUITE 1667 WASHINGTON DC DC 20002 810758952 501(C)(3) 5150 0 COMMUNITY OUTREACH 23 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 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 0 0 0 0 0 0 0 1 0 GRETCHEN BUHLIG CHIEF EXECUTIVE OFFICER (ASUF) 435274 0 85000 0 16271 0 39800 0 22227 0 598572 0 0 0 VIRGINIA DESANTO VICE PRESIDENT, CFO & TREASURER 0 255279 0 25000 0 21 0 19140 0 15750 0 315190 0 0 KIMBERLY HOPELY SENIOR VP/CHIEF DEVELOPMENT OFFICER 234300 0 27500 0 94 0 15908 0 22184 0 299986 0 0 0 HOPE SHARETT SECRETARY/GENERAL COUNSEL 0 226814 0 34000 0 0 0 15314 0 22462 0 298590 0 0 JACQUELINE SMITH VICE PRESIDENT 202697 0 21629 0 22 0 15009 0 25805 0 265162 0 0 0 PATRICK MCDERMOTT CHIEF ENGAGEMENT OFFICER THUNDERBIRD 211985 0 10000 0 98 0 15793 0 18449 0 256325 0 0 0 SYBIL FRANCIS EXECUTIVE DIRECTOR 234429 0 0 0 0 0 16306 0 4366 0 255101 0 0 0 SUZANNE RINKER VP ENTERPRISE DEVELOPMENT 203476 0 8000 0 23 0 11783 0 26236 0 249518 0 0 0 DANIEL DILLON DIRECTOR (ASUF)/CEO (ASUEP) 0 543164 0 208333 0 9517 0 39800 0 29286 0 830100 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. SYBIL FRANCIS FAM. MEMBER OF DIR. 237371 COMP. 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SYBIL FRANCIS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF DIRECTOR(C) AMOUNT OF TRANSACTION $ 237,371.(D) DESCRIPTION OF TRANSACTION: COMPENSATION FOR EMPLOYMENT(E) SHARING OF ORGANIZATION REVENUES? = NO SCHEDULE L, PART IV, COLUMN (C): THE AMOUNT OF COMPENSATION REPORTED FOR SYBIL INCLUDES SALARY, BENEFITS, AND OTHER DEFERRED COMPENSATION. X 21912 EXPERT OPINION X 30455 EXPERT OPINION X 62 2254908 FMV X CRYPTOCURRENCY 1 300974 FMV X GIFT CRD/VCHRS 13 7875 FMV 5 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, AND MARKETING AND TECHNICAL SERVICES. IN ADDITION, ASU ENTERPRISE PARTNERS MANAGES THE RESERVES AND PROVIDES GUIDANCE AND OVERSIGHT OF 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 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 AND BOARD OF DIRECTORS. 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 INDIVIDUALS REFERRED TO ABOVE BECOME 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 AFOREMENTIONED. 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 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. FORM 990, PART XI, LINE 9: CHANGE IN ASSETS DUE TO OTHER ENTITIES 27,988,998. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,773,227. ENTERPRISE PARTNERS INVESTMENT EXPENSE -791,454. ELIMINATIONS 60,000. 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 CIUDAD DE MEXICO MX 1101 EDUCATION MX 501(C)(3) GLOBAL III 0 RCASU GERMANY GGMBH VALENTINSKAMP 70 HAMBURG HAMBURG GM 20355 HOLDING CO. GM 501(C)(3) RCASU GERMNY 0 ECASU TRUST (MALAWI) PLOT NUMBER BWAILA 14/115 LILONGWE MI 020244133 EDUCATION MI 501(C)(3) RCASU 0 ECASU MOROCCO 332 BD BRAHIM ROUNDANI MAARIF CASABLANCA MO EDUCATION MO 501(C)(3) RCASU 0 ASU GLOBAL FOUNDATION UK LIMITED MICHELIN HOUSE 81 FULHAM RD LONDON UK SW3 6RD SUPPORT UK 501(C)(3) ASUF 1 ASU ENTERPRISE PARTNERS OUTREACH HUB PO BOX 2260 TEMPE AZ 85280 882681235 SUPPORT AZ 501(C)(3) LINE 5 EP 0 AZTE VENTURES CO 1475 N SCOTTSDALE RD STE 200 SCOTTSDALE AZ 85257 270151042 SOLAR ENERGY AZ N/A C 0 CHARITABLE REMAINDER TRUST (11) CHARIT REM TR AZ N/A T 0 TEOTIHUACAN HOLDINGS LLC PO BOX 2260 TEMPE AZ 85280 811792379 HOLDING CO. DE N/A C 0 SS SPORTFISHING INC 1001 MACALLISTER AVE TEMPE AZ 85281 HOLDING CO. HI N/A C 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 ASU GLOBAL FOUNDATION UK LIMITED B 60000 FMV TAYLOR TRUST FBO ASU FOUNDATION C 57331 FMV