Arizona State University Foundation for
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.0B
+8.4% YoY
Annual Giving
$170.7M
+23.4% YoY
Grant Count
32
+3.2% YoY
Avg Grant Size
$5.3M
+19.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,038,433,605 | $1,879,923,397 | $1,713,596,162 |
| Revenue | $276,143,909 | $299,319,127 | $295,474,196 |
| Expenses | $213,676,231 | $173,459,672 | $172,089,032 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $59,963,126 | $33,762,886 | $71,627,665 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
104 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Arizona State University Foundation for fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL DILLON DIRECTOR ASUF | (THRU 3/24)/CEO ASUEP (THRU 12/23) | 1 | — |
| GRETCHEN BUHLIG | CHIEF EXECUTIVE OFFICER ASUF | 49 | $611,432 |
| JACQUELINE SMITH | VICE PRESIDENT | 40 | $354,662 |
| PATRICK MCDERMOTT | CHIEF ENGAGEMENT OFFICER THUNDERBIRD | 40 | $339,737 |
| ERIC SPICER | VICE PRESIDENT UNIT DEVELOPMENT | 40 | $327,226 |
| SUZANNE RINKER | VICE PRESIDENT ENTERPRISE DEVELOPMENT | 40 | $310,645 |
| BILL KAVAN | VICE PRESIDENT ENGAGEMENT & OUTREACH | 40 | $316,120 |
| VIRGINIA DESANTO | VICE PRESIDENT, CFO & TREASURER | 10 | — |
| HOPE SHARETT | SECRETARY/GENERAL COUNSEL (THRU 12/23) | 1 | — |
| MARK SEARLE DIRECTOR ASUF | CEO (ASUEP) (3/24 THRU 6/24) | 1 | — |
| JOHN GRAHAM | CHAIR | 1 | — |
| NITA FRANCIS | VICE CHAIR | 1 | — |
| NICOLE COLYER | SECRETARY | 1 | — |
| MACKENZIE WOODS | INTERIM SECRETARY (1/24 THRU 5/24) | 1 | — |
| DENISE RESNIK | DIRECTOR | 2 | — |
| ROGER WITTLIN | SENIOR INVESTMENT ADVISOR | 1 | — |
| KEITH WIRTZ | DIRECTOR (THRU 5/24) | 1 | — |
| LISA URIAS | DIRECTOR | 2 | — |
| TONY SARSAM | DIRECTOR | 2 | — |
| CHRIS HOWARD | DIRECTOR | 1 | — |
| HARRY PAPP | DIRECTOR | 2 | — |
| MORGAN OLSEN | DIRECTOR | 1 | — |
| ANNE MARIUCCI | DIRECTOR | 1 | — |
| LISA LOO | DIRECTOR | 1 | — |
| JAZMIN MEDINA | DIRECTOR | 1 | — |
| HIROSHI HAMADA | DIRECTOR | 1 | — |
| JAY HEILER | DIRECTOR | 2 | — |
| LAUREN BAILEY | DIRECTOR | 2 | — |
| STEVE BETTS | DIRECTOR (THRU 5/24) | 1 | — |
| IRA FULTON | DIRECTOR | 2 | — |
| DOUG FULTON | DIRECTOR | 2 | — |
| MARY HENTGES | DIRECTOR | 2 | — |
| STEVE EVANS | DIRECTOR | 1 | — |
| MICHAEL CROW | ASU PRESIDENT | 1 | — |
| SATJIV CHAHIL | DIRECTOR | 1 | — |
| MALISSIA CLINTON | DIRECTOR | 2 | — |
| MICHAEL AGUIRRE | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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