THE PRIMARY PURPOSE OF THE ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION, INC. (THE FOUNDATION) IS TO RECEIVE, SOLICIT, ACCEPT AND HOLD, ADMINISTER, INVEST AND DISBURSE ANY AND EVERY KIND OF PROPERTY FOR SUCH EDUCATION, SCIENTIFIC, LITERARY, RESEARCH AND SERVICE ACTIVITIES FROM INDIVIDUALS AND ORGANIZATIONS, INCLUDING FOUNDATIONS, GOVERNMENT AGENCIES, AND PRIVATE BUSINESSES, TO SUPPORT THE CORPORATION'S ACTIVITIES, AND IT SHALL MANAGE ENDOWMENTS GIVEN TO THE CORPORATION FOR THE BENEFIT OF ALL THE ARKANSAS STATE UNIVERSITY SYSTEM CAMPUSES OPERATIONS, SITES AND FACILITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$167.5M
+29.2% YoY
Annual Giving
$4.3M
-39.1% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$617K
-39.1% YoY
About Arkansas State University System
Based on IRS filings
Arkansas State University System is a nonprofit organization focused on Education, based in STATE UNIVERSITY, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $167.5M in total assets. In 2024, it awarded 7 grants totaling $4.3M. Net investment income was $6.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $167,464,277 | $129,583,231 | $121,901,814 |
| Revenue | $39,409,489 | $10,187,918 | $12,203,394 |
| Expenses | $8,270,123 | $10,145,082 | $7,097,922 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,464,182 | $2,595,659 | $5,470,477 |
| 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 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arkansas State University - Jonesboro ($3,257,689), Arkansas State University - Mountain Home ($405,474), Arkansas State University - Newport ($316,066).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS STATE UNIVERSITY - JONESBORO JONESBORO, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY - JONESBORO | $3,257,689 |
| ARKANSAS STATE UNIVERSITY - BEEBE BEEBE, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY - BEEBE | $206,923 |
| ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME MOUNTAIN HOME, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME | $405,474 |
| ARKANSAS STATE UNIVERSITY - NEWPORT NEWPORT, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY - NEWPORT | $316,066 |
| ARKANSAS STATE UNIVERSITY ALUMNI ASSOCIATION INC JONESBORO, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY ALUMNI ASSOCIATION, INC. | $12,669 |
| ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION INC JONESBORO, AR | TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION, INC. | $27,586 |
| ARKANSAS STATE UNIVERSITY THREE RIVERS MALVERN, AR | EDUCATIONAL INSTITUTION | $94,862 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICOLE FREY | PRESIDENT | 1 | — |
| MELISSA LIVINGSTON | BOARD LIASON | 1 | — |
| CHARLOTTE RAZER | BOARD CHAIR | 1 | — |
| DAVID A PICKLER | BOARD VICE CHAIR | 1 | — |
| DR HAZEL DICKY | IMMEDIATE PAST CHAIR | 1 | — |
| PAM KAIL | SECRETARY | 1 | — |
| PHILIP JACKSON | FORMER PRESIDENT | 1 | — |
| PHILLIP BUTTERFIELD | DIRECTOR | 1 | — |
| CHRIS VANLANDINGHAM | DIRECTOR | 1 | — |
| SHARON DAVIS | DIRECTOR | 1 | — |
| JIM GOWEN JR | DIRECTOR | 1 | — |
| JOE MILES | DIRECTOR | 1 | — |
| CRAIG WALKER | DIRECTOR | 1 | — |
| HUGH BURGE | DIRECTOR | 1 | — |
| SCOTT WHITE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Arkansas State University System?
Arkansas State University System is a nonprofit organization focused on Education, based in STATE UNIVERSITY, AR. It holds $167.5M in total assets as of 2024.
How large is Arkansas State University System?
As of 2024, Arkansas State University System holds $167.5M in total assets with $39.4M in annual revenue. It awarded 7 grants totaling $4.3M in 2024.
Where does Arkansas State University System operate?
Arkansas State University System has awarded grants in Arkansas.
What size grants does Arkansas State University System award?
In 2024, Arkansas State University System awarded 7 grants totaling $4.3M — an average of about $617K per grant, based on its IRS Form 990 filings.
What is Arkansas State University System's EIN?
Arkansas State University System's EIN (Employer Identification Number) is 71-0489924. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Arkansas State University System's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.