Northern Arizona University Foundation
Advance the university through fostering relationships, inspiring investment and stewardship.
Northern Arizona University Foundation at a glance
In short: Northern Arizona University Foundation gave $15.2M across 1 grant in 2025 (avg $15.2M), mostly in Arizona. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $15,239,270
- -8.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $15,239,270
- -8.9% vs 2024
- Median grant
- $15,239,270
- Total assets
- $400,791,572
- +29.1% vs 2024
- Primary geography
- Arizona (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Northern Arizona University Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Northern Arizona University ($15.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Northern Arizona University Foundation gives
- Giving grew 123% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $6.0M (2019) to $16.7M (2024). In 2025 it made 1 grant totaling $15.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northern Arizona University Flagstaff, AZ | Education Support | $15,239,270 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $400,791,572 | $88,957,866 | $31,934,897 | $15,239,270 | 1 | $61,115,745 |
| 2024 | $310,465,288 | $27,171,193 | $28,573,572 | $16,734,148 | 1 | $8,320,151 |
| 2023 | $285,389,624 | $31,285,827 | $21,102,028 | $10,748,541 | 1 | $9,097,243 |
| 2022 | $256,288,832 | $37,761,443 | $16,901,278 | $6,847,009 | 1 | $14,870,196 |
| 2021 | $294,733,489 | $24,138,831 | $24,548,876 | $15,369,194 | 1 | $6,349,608 |
| 2020 | $237,963,375 | $27,725,892 | $16,532,192 | $7,025,215 | 1 | $5,883,275 |
| 2019 | $224,268,850 | $21,203,685 | $15,060,627 | $6,002,600 | 1 | $6,343,899 |
About Northern Arizona University Foundation
Based on IRS filings
Northern Arizona University Foundation is a public charity focused on Education, based in Flagstaff, AZ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $400.8M in total assets. In 2025, it awarded 1 grant totaling $15.2M. Net investment income was $61.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Northern Arizona University Foundation is led by Nicholas Lobejko, CEO on the 2025 filing; 10 of 29 officers listed in 2025 are compensated.
Officers on the 2025 filing
Nicholas Lobejko
CEO
New on the 2025 filing
40 hrs/week
$296K (2025)
Victoria Fimea
Chair
Secretary → Vice Chair, 2022
Vice Chair → Chair, 2024
On filings since 2019
6 hrs/week
No compensation reported
Karen Staley
Director & University Development
New on the 2025 filing
40 hrs/week
$128K (2025)
Leah Bloom
Director & University Development
New on the 2025 filing
40 hrs/week
$130K (2025)
Pamela Ramos
Director & University Development
New on the 2025 filing
40 hrs/week
$148K (2025)
Peter Zeman
Director
New on the 2025 filing
40 hrs/week
$172K (2025)
Bill Heibel
Director
On filings since 2019
1 hr/week
No compensation reported
Bob Bement
Director
On filings since 2019
1 hr/week
No compensation reported
George Adams
Director
On filings since 2019
1 hr/week
No compensation reported
Rick Rodriquez
Director
On filings since 2019
3 hrs/week
No compensation reported
Robert Braudy
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Thomas Perkins
Director
On filings since 2019
1 hr/week
No compensation reported
Tim Kinney
Director
On filings since 2019
1 hr/week
No compensation reported
Don Brooks
Director
On filings since 2021
1 hr/week
No compensation reported
Tony Tewelis
Director
On filings since 2021
1 hr/week
No compensation reported
Booker Evans
Director
On filings since 2022
3 hrs/week
No compensation reported
Katrina Rogers
Director
On filings since 2022
1 hr/week
No compensation reported
Eric Baker
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Teresa Bartels
Director
On filings since 2023
1 hr/week
No compensation reported
Jennifer Stevenson
CFO
On filings since 2022
40 hrs/week
$227K (2025)
Amy Lynn Phillips
Assistant Vice President
New on the 2025 filing
40 hrs/week
$195K (2025)
Elizabeth Rock
Assistant Vice President
New on the 2025 filing
40 hrs/week
$193K (2025)
Nicholas Dolce
Assistant Vice President
New on the 2025 filing
40 hrs/week
$188K (2025)
Shannan Rice
Assistant Vice President & Planned Giving
New on the 2025 filing
40 hrs/week
$123K (2025)
Lisa Bagwell
Vice Chair
Director → Vice Chair, 2024
On filings since 2019
2 hrs/week
No compensation reported
Robin Braun
Treasurer
Director → Treasurer, 2024
On filings since 2019
3 hrs/week
No compensation reported
Dave Franke
Past Chair
Vice Chair → Chair, 2022
Chair → Past Chair, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Amy Pena
Secretary
Director → Secretary, 2022
On filings since 2021
2 hrs/week
No compensation reported
Joseph Wagner
CFO
New on the 2025 filing
40 hrs/week
No compensation reported
Former officers (40)
- Former: Sandy Owens (2019–2024) — Director · Filing note: Thru 092023
- Former: Nick Lobejko (2023–2024) — CEO
- Former: Barbara McCloud (2019–2023) — Past Chair
- Former: Vadm Robin Braun (2020–2023) — Treasurer
- Former: Dick Gerkin (2021–2023) — Director
- Former: Christy Farley (2022–2023) — Interim CEO
- Former: Peggy Nelson (2019–2022) — Director
- Former: Alecia Dillion (2021–2022) — CFO
- Former: Michael Bassoff (2021–2022) — CEO
- Former: David Noosinow (2019–2021) — Director
- Former: Jeffrey L. Willis (2019–2021) — Past Chair
- Former: Keith Newlon (2019–2021) — Director
- Former: Lynn Valbuena (2019–2021) — Director
- Former: Rickey McCurry (2019–2021) — Executive Director
- Former: Bonnie Baker (2021) — Interim Executive Director
- Former: Carmelle Malkovich (2021) — Director
- Former: Anthony J. Plese (2019–2020) — Director
- Former: Ernest Calderon (2019–2020) — Director
- Former: Jeanette Garretty-Reinhard (2019–2020) — Director
- Former: Jim Skelding (2019–2020) — Director
- Former: Roy D. Morey (2019–2020) — Director
- Former: Sherri D. Slayton (2019–2020) — Director
- Former: Heidi Hansen (2020) — Director
- Former: Jeffre Beatty (2020) — Director
- Former: Michelle Matis (2020) — CFO
- Former: Cheryl Heitz (2019) — CFO
- Former: Christopher Bavasi (2019) — Director
- Former: David Franke (2019) — Director
- Former: David Mosow (2019) — Director
- Former: Hank Peck (2019) — Director
- Former: Harry Hengl (2019) — Director
- Former: John Lucking (2019) — Director
- Former: Julie Nackard (2019) — Director
- Former: Karen Steinbronn (2019) — Director
- Former: Lisa Bacus (2019) — Director
- Former: Mike Beatty (2019) — Director
- Former: Mrjeffre Beatty (2019) — Treasurer
- Former: Robert Casselman (2019) — Director
- Former: Scott Free (2019) — Director
- Former: Steve M. Jackson (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $296K, to Nicholas Lobejko (CEO). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Northern Arizona University Foundation
How much does Northern Arizona University Foundation give each year?
Northern Arizona University Foundation gave $15.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $16.7M across 1 grant.
How large is Northern Arizona University Foundation?
Northern Arizona University Foundation reported $400.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $89.0M.
What is Northern Arizona University Foundation?
Northern Arizona University Foundation is a public charity focused on Education, based in Flagstaff, AZ. It holds $400.8M in total assets as of 2025.
Where does Northern Arizona University Foundation operate?
Northern Arizona University Foundation has awarded grants in Arizona.
What is Northern Arizona University Foundation's EIN?
Northern Arizona University Foundation's EIN (Employer Identification Number) is 86-0193726. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 29, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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