Overview
What is Arizona State University Foundation For A New American University?
The Arizona State University Foundation For A New American University is a private, nonprofit organization based in Tempe, Arizona. With a team of 205 employees, the foundation's primary mission is to raise and manage private contributions to support the work of Arizona State University. In 2020, the foundation granted over $49 million in research funding to ASU, with an additional $125,000 in program revenue and $46 million in contributions. These funds were allocated to various research areas, including information privacy and security, supply chain management, environment and sustainability, and early childhood education, among others. The foundation's efforts contribute significantly to the university's research initiatives and growth.
Official website here: www.asufoundation.org
What are the reviews and ratings of this charity?
100% rating from Charity Navigator.
The Arizona State University Foundation for a New American University has achieved a remarkable Four-Star out of Four Star rating, indicating exceptional performance in accountability and finance. The organization scored 100% in this category, reflecting strong governance practices, including a majority of independent board members and effective oversight measures. The foundation consistently demonstrates transparency by posting necessary financial documents on its website.
User feedback highlights the foundation's commitment to impactful work, particularly in the medical field. A donor praised the medical team's dedication to finding cures for serious illnesses, such as cancer, emphasizing the positive impact their contributions can make. This suggests a strong connection between the foundation's efforts and community support.
While the organization showcases numerous strengths, including an impressive program expense ratio, the feedback provided is limited. The overall picture remains highly favorable, with the foundation illustrating a dedication to both financial integrity and community health initiatives.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Arizona State University Foundation For A New American University legitimate?
Arizona State University Foundation For A New American University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona State University Foundation For A New American University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $650,393
Professional Fundraising Fees: $1,757,515
Other Salaries and Wages: $15,102,319
For more financial information, click here
Official website here: www.asufoundation.org
What is the mission statement of Arizona State University Foundation For A New American University?
The Arizona State University Foundation For A New American University is a nonprofit organization dedicated to raising and managing private contributions to support Arizona State University's work. It played a significant role in providing research funding, with over $49 million granted in this area. The Foundation also received substantial donations to back ASU research in various fields, including information privacy and security, supply chain management, environment and sustainability, and early childhood education. The organization's primary mission is to foster growth and success for Arizona State University through private funding.
Official website here: www.asufoundation.org
Who is the CEO of Arizona State University Foundation For A New American University?
Mark Searle Director Asuf is the CEO of Arizona State University Foundation For A New American University The CEO's salary of Arizona State University Foundation For A New American University is $0 and their total compensation is $0.
Official website here: www.asufoundation.org
What is the revenue of Arizona State University Foundation For A New American University?
Arizona State University Foundation For A New American University's revenue in 2024 was $276,143,909.
Official website here: www.asufoundation.org
Who are the executives of Arizona State University Foundation For A New American University and what are their salaries?
The average compensation at Arizona State University Foundation For A New American University during 2024 was $74,305. There are 212 employees and 27 volunteers at Arizona State University Foundation For A New American University.
Here are 37 key members and their salaries (Arizona State University Foundation For A New American University's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $824,034
- Other: $76,505
- Compensation: $611,432
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- Other: $82,365
- Compensation: $354,662
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- Other: $53,023
- Compensation: $339,737
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- Other: $45,314
- Compensation: $327,226
- Related: $0
- Other: $41,805
- Compensation: $310,645
- Related: $0
- Other: $51,779
- Compensation: $316,120
- Related: $0
- Other: $43,819
- Compensation: $0
- Related: $305,588
- Other: $44,377
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- Related: $292,576
- Other: $49,941
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Official website here: www.asufoundation.org
Where can I find the form 990 for Arizona State University Foundation For A New American University?
Arizona State University Foundation For A New American University's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.asufoundation.org
Learn more at the official website: www.asufoundation.org
Mission Statement of Arizona State University Foundation For A New American University
The Arizona State University Foundation For A New American University, a nonprofit organization, plays a crucial role in raising and managing private contributions to support the work of Arizona State University. With a mission to drive research advancements, the Foundation has provided significant funding to various fields, including Information Privacy and Security, Supply Chain Management, Environment and Sustainability, and Early Childhood Education, among others. The organization's dedication to research has resulted in over $49 million in funding for Arizona State University, in addition to generating program revenue of $125,000 and securing contributions totaling over $46 million. Through its efforts, the Foundation has contributed significantly to the ongoing research initiatives at Arizona State University.
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Impact
October, 2024
The Arizona State University Foundation for a New American University significantly enhances the research capabilities and academic environment at Arizona State University (ASU). With over $49 million in research funding provided, the foundation plays a crucial role in advancing studies across a range of critical fields, including information privacy and security, supply chain management, environment and sustainability, and early childhood education.
In addition to the considerable research funding, the foundation has successfully secured over $46 million in contributions aimed specifically at supporting these vital areas of research. This financial backing not only facilitates groundbreaking studies but also fosters innovation and the dissemination of knowledge, directly impacting the educational landscape.
The foundation's efforts are integral to ensuring that ASU remains at the forefront of addressing contemporary challenges through research and education, ultimately benefiting students, faculty, and the broader community in Tempe, Arizona, and beyond.
This information is meant to be a general summary of Arizona State University Foundation For A New American University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $29,510,689
- Program Service Revenue: $1,047,011
- Gross Receipts: $882,758,787
Assets and Liabilities:
- Total Assets: $1,713,596,162
- Total Liabilities: $459,764,662
- Net Assets: $1,253,831,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SUPPORT
Revenue
$1,012,493
PROGRAM REV & MEMBERS
Revenue
$34,518
Organization Details
Founding Year
1955
Principal Officer
Gretchen Buhlig
Website
www.asufoundation.orgNTEE Category
Code: B110 - Education
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