Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93490136004287I OMB No 1545-0047 Return of Organization Exempt From Income Tax Form990 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) 2005 Department ofthe to Public Open Inspection a e repor t ing reqUIremen t S II-Th e organiza t ion may h ave t 0 use a copy 0 fth IS re t urn t O sa t S fy S tt Treasury Internal Revenue SerVIce A For the 2005 calendar year, or tax year beginning 07-01-2005 and ending 06-30-2006 D Employer identification number C Name of organization B Check if applicable Please Arizona State Univer5ity Foundation 86 -60 5 1 04 2 use IRS — Address change label or Number and street (or P 0 box if mail is not delivered to street address) Room/smte print or — Name change PO Box 2260 type. See 300 E Univer5ity Dr '— Initial return Specific E Telephone number InstrucCity or town, state or country, and ZIP + 4 (480) 965-3759 — Final return tions. Tempe, AZ 852812260 '— Amended return FAccounting method — Cash '— Other (specify) II- — Application pending H and I are not applicable to section 527 organizations H(a) Is this a group return for affiliates? — Yes I7 No II Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A (Form 990 or 990-EZ). H( b) If "Yes" enter number of affiliates II- G Web site: II- www asufoundation org J Organization type (check only one) I'- 7 E 501(c) (3) *I (insert no ) H(c) Are all affiliates included? I— Yes (If "No," attach a list See instructions ) l— 4947(a)(1) or — 527 Gross receipts Add lines 6b, 8b, 9b, and 10b to line 12 II- m 1 — No H(d) Is this a separate return filed by an organization covered by a group ruling7 '— Yes I7 No K Check here I'- I_ if the organization's gross receipts are normally not more than $25,000 The organization need not file a return With the IRS, but if the organization received a Form 990 Package in the mail, it should file a return Without financial data Some stats require a complete return. L '7 Accrual 476,576,670 I Group Exemption NumberII- M Check II- I_ if the organization is not reqUIred to attach Sch B (Form 990, 990—EZ, or 990—PF) Revenue, Expenses, and Changes in Net Assets or Fund Balances (See the instructions.) Contributions, gifts, grants, and Similar amounts received Direct public support . . . . . . . . . . . . Indirect public support 124,276,306 1b c Government contributions (grants) d Total (add lines 1athrough 1c)(cash$ 121r8301044 2 1a . . . . . . . . 1c noncash$ 2'4461262 ) Program serVIce revenue including government fees and contracts (from Part VII, line 93) 1d 124’276’306 2 4,567,896 3 Membership dues and assessments 3 4 Interest on saVIngs and temporary cash investments 4 5 DiVidends and interest from securities 6a Gross rents 6a 3,510,708 b Less rental expenses 6b 1,917,753 c Net rentalincome or( oss)(subtract ine 6bfrom ine 6a) m 7 Other investment income (describe II- ) E 8a Gross amount from sales ofassets fir” 11,493,340 6c 1,592,955 7 (A)Securities (B)Other otherthan inventory 312,792,919 8a b Less cost or other ba5is and sales expenses 304,845,933 at, c Gain or (loss) (attach schedule) 7,945,985 8c d Net gain or( oss)(combineline 8c,co umns (A)and (B)) 9 5 '5 8d 7,946,986 SpeCIaI events and actiVities (attach schedule) Ifany amount is from gaming, check here Ir]— a Gross revenue (not including $ contributions reported on line 1a) of 9a b Less direct expenses otherthan fundraismg expenses c Netincome or( oss)fromspeCIa events (subtractline 9bfrom ine 9a) 10a 9b Gross sales ofinventory, ess returns and allowances 10a b Less cost ofgoods sold 10b c 9c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 10b from line 10a) 10c 11 Other revenue (from PartVII, ine 103) 11 19,935,501 12 Total revenue (add lines 1d,2,3,4,5,6c,7,8d,9c,10c,and11) 12 169,812,984 13 Program serVIces (fromline 44,co umn(B)) 13 47,667,512 in 14 Managementand genera (from ine 44,co umn(C)) 14 20,891,513 E Id Lu 15 Fundraismg(from ine 44,co umn(D)) 15 5,686,003 16 Payments to affiliates (attach schedule) 16 17 Total expenses (add lines 16 and 44, column (A)) 17 74,245,028 Li. 18 Excess or (defICIt) forthe year (subtract line 17 from line 12) 18 95,567,956 a 19 Net assets orfund balances at beginning ofyear(from ine 73,co umn(A)) 19 323,022,047 :3” 20 Other changes in net assets or fund balances (attach explanation) E . 20 25,194,559 2 21 Net assets orfund balances at end ofyear(combinelines 18,19,and 20) 21 443,784,562 For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat No 11282Y Form 990 (2005) Form 990 (2005) m Statement of Functional Expenses Page 2 A organizations must complete column (A) Columns (B), (C), and (D) are reqUIred for section 501(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others (See the Instructions) Do not Include amounts reported on line 6b, 8b, 9b, 10b, or 16 of Part I. 22 (A) T°tal (B) Program serwces (C) Management and general (D) Fundra's'”g Grants and allocations (attach schedule) E (cash $32,055,781 noncash $466,222 If this amount includes foreign grants, check here I'- _ 22 23 SpeCIfic a55istance to indiViduaIs (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors, etc 26 32,522,003 32,522,003 25 1,720,528 278,547 806,145 635,836 Other salaries and wages 26 7,343,664 1,767,389 2,940,014 2,636,261 27 Pen5ion plan contributions 27 402,327 67,553 334,774 28 Other employee benefits 28 1,057,869 89,357 163,056 70,418 479,022 805,456 29 Payroll taxes 29 549,440 30 Professmnal fundraismg fees 30 260,223 31 Accounting fees 31 149,930 149,930 32 Legal fees 32 503,808 503,808 33 Supplies 33 744,169 457,539 198,365 88,265 34 Telephone 34 301,094 78,356 97,933 124,805 35 Postage and shipping 35 36 O ccupancy 36 1,573,000 1,378,111 194,889 37 EqUIpment rental and maintenance 37 555,477 249,318 286,066 20,093 38 Printing and publications 38 868,997 489,565 94,315 285,117 39 Travel 39 1,506,408 1,053,165 190,742 262,501 40 Conferences, conventions, and meetings 40 194,649 161,537 19,124 13,988 41 Interest 41 2,375,207 2,375,207 42 DepreCIation, depletion, etc (attach schedule) E 42 815,220 691,346 43 260,223 123,874 Other expenses not covered above (itemize) a See Additional Data Table 43a b 43b c 43c cl 43d e 43e f 43f 9 439 Total functional expenss. Add lines 22 through 43 (Organizations completing columns (B)—(D), carry these totals 20,891,513 47,667,512 74,245,028 44 to lines 13—15) Joint Costs. Check II- I_ ifyou are followmg SO P 98-2 Are any Jomt costs from a combined educational campaign and fundraismg soIICItation reported in (B) Program serVIces'? 44 If"Yes," enter (i) the aggregate amount ofthese Jomt costs $ (iii) the amount allocated to Management and general $ 5,686,003 II- I_Yes I7No , (ii) the amount allocated to Program serVIces $ , and (iv) the amount allocated to Fundraismg $ , Form 990 (2005) Form 990 (2005) Page 3 m Statement of Program Service Accomplishments (See the instructions.) Form 990 IS available for public Inspection and, for some people, serves as the primary or sole source ofinformation about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization’s programs and accomplishments What is the organization's primary exempt purpose? II-TO ASSIST ARIZONA STATE UNIVERSITY TO ACHEIVE ITS EDUCATIONAL PURPOSES BY RECEIVING, ADMINISTERING AND APPLYING FUNDS FORTHE BENEFIT OFARIZONA STATE UNIVERSITY All organizations must describe their exempt purpose achievements in a clear and concrse manner State the number of clients served, publications issued, etc Discuss achievements that are not measurable (Section 501(c)(3) and (4) organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others ) Program Service Expenses (Requrred for 501(c)(3) and (4) orgs , and 4947(a)(1) trusts but Optlonal for others ) a THE ARIZONA STATE UNIVERSITY FOUNDATION SO LICITS, COLLECTS, MANAGES AND DISTRIBUTES PRIVATE GIFTS FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS ALL FUNDS RAISED BY THE FOUNDATION BENEFIT EDUCATION, RESEARCH AND OTHER DEVELOPMENT OBJECTIVES OF ARIZONA STATE UNIVERSITY (Grants and allocations $ 32,522,003) Ifthis amount includes foreign grants, check here II- _ 47,667,512 b (Grants and allocations $ ) Ifthis amount includes foreign grants, check here II- '— (Grants and allocations $ ) Ifthis amount includes foreign grants, check here II- '— (Grants and allocations $ ) Ifthis amount includes foreign grants, check here II- '— ) Ifthis amount includes foreign grants, check here II- '— c cl e Other program servrces (attach schedule) (Grants and allocations $ f Total of Program Service Expenses (should equal line 44, column (B), Program servrces) . . . . II- 47,667,512 Form 990 (2005) page4 Form 990 (2005) m Note: Where reqUIred, attached schedules and amounts Within the description column should be for end-of-year amounts only. Cash—non-interest-bearing 46 Savmgs and temporary cash Investments 47a Accounts receivable 47a Less allowance for doubtful accounts 47b Pledges receivable 48a 69,656,512 Less allowance for doubtful accounts 48b 4,750,000 48a b 1,072,111 45 1,450,577 30,248,101 46 34,918,773 617,883 47c 1,128,826 46,218,023 48c 64,906,512 1,128,826 Grants receivable 49 50 Receivables from officers, directors, trustees, and key employees (attach schedule) 50 3 g b Other notes and loans receivable (attach schedule) 51a Less allowance for doubtful accounts 51b 52 Inventories for sale or use 53 Prepaid expenses and deferred charges 54 Investments—securities (attach schedule) 553 Investments—land, bUIldings, and eqUIpment ba5is 55a Less accumulated depreCIation (attach schedule) 55b b 51c 52 . II- . . _ Cost . . . 53 '7 FMV Investments—other (attach schedule) 57a Land, bUIldings, and eqUIpment ba5is 57a 19,309,808 Less accumulated depreCIation (attach schedule) 57b 112471262 58 Other assets (describe II- 59 Total assets (must equal line 74) Add lines 45 through 58 60 Accounts payable and accrued expenses 61 Grants payable 62 Deferred revenue 63 298,181,363 54 E 395,013,667 51,053,896 55c E 55,370,684 55,513,099 56 '5 54,210,442 16,690,641 57c E 18,062,546 6,489,650 58 '5 5,849,455 506,084,767 59 630,911,482 3,612,380 60 5,447,478 55,370,684 56 b ) 61 30,879,606 29,609,280 62 Loans from officers, directors, trustees, and key employees (attach schedule) :1 (B) End of year 49 51a (11 (A) Beginning of year 45 b E Balance Sheets (See the instructions.) 64a b 63 Tax-exempt bond liabilities (attach schedule) 70020000 64a '5 70,020,000 Mortgages and other notes payable (attach schedule) 12,075,000 64b E 11,690,000 66,475,734 65 '5 70,360,162 183,062,720 66 25,841,360 67 32,896,377 65 Other liablilities (describe II- 66 Total liabilitiesAdd lines 60 through 65 ) 187,126,920 Organizations that follow SFAS 117, check here II- 7 and complete lines 67 through 69 and lines 73 and 74 E 67 Unrestricted '19-] 68 Temporarily restricted 91,959,337 68 112,721,075 g 69 Permanently restricted 205,221,350 69 298,167,110 E LE Organizations that do not follow SFAS 117, check here II- _ and complete lines 70 through 74 '5 70 Capital stock, trust prinCIpal, or current funds 70 g 71 Paid-in or capitalsurplus,or and,bUIlding,and eqUIpment fund 71 E 72 Retained earnings, endowment, accumulated income, or otherfunds 72 g 2 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, 74 column (A) must equal line 19, column (B) must equal line 21) 323,022,047 73 443,784,562 Total liabilities and net assets / fund balances Add lines 66 and 73 506,084,767 74 630,911,482 Form 990 (2005) Form 990 (2005) m Page 5 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return (See the instructions.) Total revenue,gaIns,and other support per audIted fInanCIalstatements a 184,776,090 Add Ines b1 through b4 b 21,731,016 c SubtractIIne bfromIInea c 163,045,074 d Amounts Included on Ine 12, but not on Ine a d 21,731,016 e 169,812,984 Amounts Included on Ine a but not on Ine 12 1 Net unreaIIzed gaIns on Investments b1 2 Donated serVIces and use offaCIIItIes b2 3 RecoverIes ofprIor year grants b3 4 Other (speCIfy) 21,731,016 b4 Investment expenses not Included on Ine 6b 2 d1 Other(speCIfy) E d2 6,767,910 AddIInes d1and d2 e Total revenue ( Ine 12) Add Ines cand d . . . . . . . . . II- Reconciliation of Expenses per Audited Financial Statements With Expenses Jer Return a Totalexpenses and losses per audIted fInanCIalstatements b Amounts Included on Ine a but not on Ine 17 a 1 Donated serVIces and use offaCIIItIes b1 2 PrIor year adjustments reported on Ine 20 b2 3 Losses reported on Ine 20 b3 4 Other (speCIfy) 67,477,118 b4 Add Ines b1 through b4 b c SubtractIIne bfromIInea c 67,477,118 d Amounts Included on Ine 17, but not on Ine a: d 6,767,910 e 74,245,028 Investment expenses not Included on Ine 6b d1 Other (speCIfy) d2 6,767,910 AddIInes d1and d2 e Total expenses ( Ine 17) Add Ines cand d II- m Current Officers, Directors, Trustees, and Key Employees (LIst each person who was an officer, dIrector, trustee, or key employee at any tIme durIng the year even If they were not compensated.) (See the instructions.) (D) ContrIbutIons to (E) Expense (B) TItIe and average hours (C) CompensatIon employee benefit plans & (A) Name and address account and other per week devoted to p05ItIon (If not paid, enter -0-.) deferred compensatIon allowances plans See AddItIonaI Data Table Form 990 (2005) Form 990 (2005) m Page 6 Current Officers, Directors, Trustees, and Key Employees (continued) Yes No 75a Enter the total number of officers, directors, and trustees permitted to vote on organization busrness at board meetings .II-17 Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professronal and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or busrness relationships? If“Yes,” attach a statement that identifies the indiViduals and explains the relationship(s) 75b Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professronal and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to this organization through common supervrsron or common control? 75c Note. Related organizations include section 509(a)(3) supporting organizations If“Yes,” attach a statement that identifies the indiViduals, explains the relationship between this organization and the other organization(s), and describes the compensation arrangements, including amounts paid to each indiVidual by each related organization d Does the organization have a written conflict ofinterest policy? Part V-B . . 75d Yes Former Officers, Directors, Trustees, and Key Em ployees That Received Compensation or Other Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during the year, list that person below and enter the amount of compensation or other benefits in the appropriate column. See the instructions.) (D) Contributions to employee benefit plans (E) Expense account and (A) Name and address (B) Loans and Advances (c) compensatlon and deferred compensation other allowances plans IRA A JA C KSO N PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 m . 0 632,789 0 0 Other Information (See the instructions.) Yes No 75 Did the organization engage in any actiVity not prevrously reported to the IRS? If "Yes," attach a detailed description of each actiVity 75 No 77 Were any changes made in the organizrng or governing documents but not reported to the IRS? 77 No If“Yes,” attach a conformed copy ofthe changes 78a Did the organization have unrelated busrness gross income of $1,000 or more during the year covered by this return? b If“Yes,” has it filed a tax return on Form 990-T forthis year? 79 Was there a liqurdation, dissolution, termination, or substantial contraction during the year? If "Yes," attach a statement 78a Yes 78b Yes 79 N0 80a 15 the organization related (other than by association With a statewrde or nationWide organization) through common membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization? 80a Yes b If "Yes," enter the name ofthe organization II- FRIENDS o F ASU and check whether it is 81a Enter direct or indirect political expenditures (See line 81 instructions) b Did the organization file Form 1120-POLforthis year? '7 exempt or '— nonexempt . I 81a I 0 81b No Form 990 (2005) Form 990 (2005) m Page 7 Other Information (continued) Yes 82a Did the organization receive donated serVIces orthe use of materials, eqUIpment, orfaCIlities at no charge or atsubstantially less than fair rentalvalue'? 82a No No If "Yes," you may indicate the value of these items here Do not include this amount as revenue in Part I or as an expense in Part 11 (See instructions in Part III) I 82b I 83a Did the organization comply With the public inspection reqUIrements for returns and exemption applications? Did the organization comply With the disclosure reqUIrements relating to qUId pro quo contributions? 84a Did the organization SOIICIt any contributions or gifts that were not tax deductible? 83a Yes 83b Yes 84a No If"Yes," did the organization include With every solimtation an express statement that such contributions or 85 gifts were not tax deductible? 84b 501(c)(4), (5), or (6) organizations. a Were substantially all dues nondeductible by members? 85a Did the organization make only in-house lobbying expenditures of$2,000 or less? 85b If"Yes," was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received a waiver for proxy tax owed the prior year Dues assessments, and Similar amounts from members 85c Section 162(e) lobbying and political expenditures 85d Aggregate nondeductible amount ofsection 6033(e)(1)(A) dues notices 85e Taxable amount oflobbying and political expenditures (line 85d less 85e) 85f Does the organization elect to pay the section 6033(e) tax on the amount on line 85f? 859 SIG-“fin.” Ifsection 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85fto its reasonable estimate ofdues allocable to nondeductible lobbying and political expenditures forthe followmg tax year? 86 501(c)(7) orgs. Enter a Initiation fees and capital contributions included on line 12 86a Gross receipts, included on line 12, for public use ofclub faCIlities 86b 87 501(c)(12) orgs. Enter a Gross income from members or shareholders 87a Gross income from other sources (Do not net amounts due or paid to other sources againstamounts due or received from them) 87" 88 85h 0 0 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-37If"Yes,"complete PartIX 88 Yes 89a 501(c)(3) organizations Enter Amount of tax imposed on the organization during the year under section 4911 II- 0 , section 4912 II- 0 , section 4955 II- 0 501(c)(3) and 501(c)(4) orgs. Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware ofan excess benefit transaction from a prior year? If"Yes," attach a statement explaining each transaction No 0 Enter Amount oftax on line 89c,above,reimbursed by the organization 0 90a List the states With which a copy ofthis return is filed II- . . . . . . . . . II- AZ Number ofemployees employed in the pay period that includes March 12,2005 (See instructions ) 91a 89" Enter Amount oftax imposed on the organization managers or disqualified persons during the year under sections4912,4955,and4958 . . . . . . . . . . . . . . . . . . . .II- The books are in care ofII- THE ORGANIZATION I 90b I 87 Telephone no II- (480) 965'3759 300 EAST UNIVERSITY DRIVE Located atII- TEMPE: AZ ZIP +4II- 852812260 At any time during the calendar year, did the organization have an interest in or a Signature or other authority overafinanCIalaccountinaforeign country (such as a bank account,securities account,orotherfinanCIal account)? 91', Yes No No 91c No If“Yes,” enterthe name ofthe foreign country IISee the instructions for exceptions and filing reqUIrements for Form TD F 90-22.1, Report of Foreign Bank and FinanCIal Accounts At any time during the calendar year, did the organization maintain an office outSIde ofthe United States? If“Yes,” enterthe name ofthe foreign country II92 l_ Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041—C heck here and enter the amount oftax-exempt interest received or accrued during the tax year II- I 92 I Form 990 (2005) Form 990 (2005) Pages m Analysis of Income-Producing Activities (See the Instructions.) Note: Enter gross amounts unless otherWIse Indicated Unrelated busrness Income Excluded by sectIon 512, 513, or 514 (A) (c) Busrness (B) Exclusron (D) code Amount code Amount 93 (E) Related or exempt funCt'On Income Program servrce revenue 541800 a PROGRAM SUPPORT 4,540,901 26,995 b c cl e f MedIcare/MedIcaId payments 9 Fees and contracts from government agencres 94 MembershIp dues and assessments 95 Interest on savrngs and temporary cash Investments 96 DIVIdends and Interest from securItIes 97 900000 14 11,493,340 30 137,564 18 7,946,986 Net rental Income or (loss) from real estate a debt-financed property 1,455,391 b non debt-financed property 98 Net rental Income or (loss) from personal property 99 Other Investment Income 100 GaIn or (loss) from sales of assets other than Inventory 101 Net Income or (loss) from specral events 102 Gross profit or (loss) from sales of Inventory 103 Other revenue a UNIVERSITY SVS FEE 8,860,437 b MISC FEES CHARGED 1,020,748 TO ASU 34,144 cl AZTE REVENUE 10,020,172 e ASSET MGMT FEES 104 Subtotal (add columns (B), (D), and (E)) 25,995 19,577,890 105 Total (add Ine 104, columns (B), (D), and (E)) II- 25,931,793 45,536,678 Note: LIne 105 plus lIne 1d, Part I, should equal the amount on line 12, Part I. m Relationship of Activities to the Accomplishment of Exempt Purposes (See the InstructIons.) Line No. EpraIn how each actIvrty for thch Income Is reported In column (E) ofPart VII contrIbuted Importantly to the accompIIshment ofthe organIzatIon's exempt purposes (other than by provrdIng funds for such purposes) See AddItIonaI Data Table m Information Regarding Taxable Subsidiaries and Disregarded Entities (See the InstructIons.) (A) (B) (C) Name, address, and EIN of corporatIon, Percentage of Nature of actIv ItIes Total Income End—Of—year partnershIp, or dIsregarded entIty ownershIp Interest assets AZ SCIENCE & TECHNOLOGY ENTER BOX 2260 100 0 INTEL PROP 4,433,358 3,189,068 TEMPE, AZ852802260 86—6051042 ASUF LLC BOX 2260 100 0 PROP MGMT 2,900,897 75,590,451 TEMPE, AZ852802260 86—6051042 ASUF BRICKYARD LLC BOX 2260 100 0 REAL ESTATE 7,168,440 60,517,518 TEMPE, AZ852802260 86—6051042 ASUF SCOTTSDALE LLC BOX 2260 100 0 REAL ESTATE 0 100,000 TEMPE, AZ852802260 86—6051042 Information Regarding Transfers Associated with Personal Benefit Contracts (See the InstructIons.) (a) DId the organIzatIon, durIng the year, recere any funds, dIrectIy or IndIrectIy, to pay prequms on a personal benefit contract? I_Yes '7 No (b) DId the organIzatIon, durIng the year, pay prequms, dIrectIy or IndIrectIy, on a personal benefit contract? I_Yes '7 No NOTE: If "Yes ” to (b), file Form 8870 and Form 4720 (see Instructions). Under penaItIes of perjury, Ideclare that I have examIned thIs return, IncludIng accompanyIng schedules and statements, and to the best of my knowledge and beIIef, It Is true, correct, and complete DeclaratIon of preparer (other than offIcer) Is based on all InformatIon of thch preparer has any knowledge Please Sign Here ' Pa Id 2007-05-15 Date SIg nature of officer Ms VIrgInIa Foltz AVP/Controller Type or prInt name and tItIe Preparer's ’ 5. nature CBIZ ATA Servrces LLC 9 Date Chlfeck If 58 empolyed I' '— Pre p arer’s SSN or PTIN ( See Gen Inst W ) Pre pa re r's use only FIrm’s name (or yours If self—employed), dd d ZIP 4 a ress’ an + CBIZ ATA Servrces LLC 3101NC t IA St 300 en ra ve e PhoenIx, AZ 85012 EIN I, Phone no I- (602) 264—6835 Iefile GRAPHIC print - DO NOT PROCESS SCHEDULE A (Form SUEZ) DLN: 93490136004287] Organization Exempt Under Section 501(c)(3) (Except Private Foundation) and Section 501(e), 501(f), 501(k), 501(n), or 4947(a)(1) Nonexempt Charitable Trust Supplementary Information—(See separate instructions.) or Department of the As Filed Data - w 2O O 5 P MUST be completed by the above organizations and attached to their Form 990 or 990-EZ Treasury Internal Revenue SerVIce N ame of the organization Arizona State UniverSIty Foundation Employer identification number 86-6051042 Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 1 of the instructions. List each one. If there are none, enter "None.") (d) Contributions (e) Expense (a) Name and address ofeach employee (b) Title and average hours to employee benefit account and other paid more than $50,000 per week devoted to pOSition (c) compensatlon plans & deferred allowances compensation m ANDREW WOOTEN‘E 300EUNIVERSITY BOX 2260 TEMPE,AZ 85281 JASONPSYDOW'E 300EUNIVERSITY BOX 2260 TEMPE,AZ 85281 SYBIL FRANCIS'E 300EUNIVERSITY BOX 2260 TEMPE,AZ 85281 KENNETH LEWISIE 300EUNIVERSITY BOX 2260 TEMPE,AZ 85281 TERESA RO MY SCHLECHT'E 300EUNIVERSITY BOX 2260 TEMPE,AZ 85281 VICE PRESIDENT-AZTE 65 179,535 20,777 0 VICE PRESIDENT AZTE 65 161,000 20,781 0 SENIORADVISOR 65 160,385 11,317 0 VICE PRESIDENT AZTE 65 150,967 22,002 0 GENERAL COUNSEL-AZTE 65 132,879 12,878 0 Total number of other employees paid over $50,000 P 20 Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions. List each one (whether indiVIduaI or firms). If there are none, enter "None.") (a) Name and address ofeach independent contractor paid more than $50,000 (b) Type ofserVIce (c) Compensation CAMBRIDGE ASSOCIATES LLC 100 SUMMER 51' BOSTON,MA 02110 CONSULTING 349,666 SIX SIGMA MANAGEMENT INSTITUTE 8402EPINNACLE pEAKRD SCOTTSDALE,AZ 85255 CLASSES/REV SHARING 322,465 RESOURCES GLOBAL PROFESSIONALS FILE 55221 LOSANGELES,CA 90074 CONSULTING 310,603 PROFESSIONAL SEARCH GROUP 8590EVIA DE DORADO SCOTTSDALE,AZ 85258 JOB CANDIDATE SEARCH 287,544 LEGAL SERVICES 272,385 FENNEMORE CRAIG PC 3003NCENTRAL AVE STE 2600 PHOENIX,Az 85012 Total number of others receiVing over $50,000 for profeSSionaI serVIceS 27 Compensation of the Five Highest Paid Independent Contractors for Other Services (List each contractor who performed serVices other than profeSSionaI serVices, whether indiVIduaI or firms. If there are none, enter "None". See page X for instructions.) (a) Name and address ofeach independent contractor paid more than $50,000 (b) Type ofserVIce (c) Compensation ARIZONA BILTMORE MEALS/EVENTS 267,184 TEMPE MISSION PALMS HOTEL DEPARTMENT 0899 DENVER,CO 80256 MEALS/EVENTS 215,697 ASU UNIVERSITY CLUB po BOX873602 TEMPE,Az 85287 MEALS/EVENTS 174,581 CATERING 167,298 MEALS/EVENTS 153,501 2400 E MISSOURI AVE PHOENIX,AZ 85016 SODEXHO CAMPUS DINING BOX 871101 MEMORIAL UNION RM 182 TEMPE,Az 85287 RITZ-CARLTON PHOENIX 2401ECAMELBACK RD PHOENIX,AZ 85016 Total number of other contractors receiVing over $50,000 for otherserVIceS I” 13 For Paperwork Reduction Act Notice, see the Instructions for Form 990 andC at N o 1 1 28 5 F Form 990-EZ. Schedule A (Form 990 or 990-EZ) 2005 Schedule A (Form 990 or 990-EZ) 2005 m 1 Page 2 Statements About Activities (See page 2 of the Instructions.) Yes No DurIng the year, has the organization attempted to Influence national, state, or local legislation, Include any attempt to Influence public opinion on a legIslatIve matter or referendum? If"Yes," enterthe total expenses paid or Incurred In connection WIth the lobbying actIVItIes F$ 105,214 IofPartVI-B) (Must equal amounts on lIne 38, Part VI-A, or lIne 1 Yes OrganIzatIons that made an election under section 501(h) by fIlIng Form 5768 must complete Part VI-A Other organIzatIons checkIng "Yes" must complete Part VI-B AND attach a statement gIVIng a detaIled description ofthe lobbying actIVItIes 2 DurIng the year, has the organIzatIon, eIther directly or IndIrectly, engaged In any ofthe followmg acts WIth any substantial contributors, trustees, dIrectors, officers, creators, key employees, or members oftheIrfamIlIes, or WIth any taxable organization WIth which any such person Is affIlIated as an officer, dIrector, trustee, maJorIty owner, or a prInCIpal be nefICIa ry'? (If the answer to any question Is "Yes," attach a detailed statement explaining the transactions.) E Sale,exchange,orleaSIng property? 2a No b Lending of money or other extenSIon ofcredIt'? 2b c Furnishing ofgoods, serVIces, 0rfaC t eS7 2c Yes d Payment ofcompensation (or payment or reimbursement ofexpenses If more than $1,000)? 2d Yes e Transfer ofany part ofIts Income or assets? 3a b 4a b No 2e No determine that reCIpIents qualify to receive payments) 3a No Do you havea section 403(b)annUIty plan for your employees? 3b No DurIng the year, dId the organization receive a contribution ofqualIerd real property Interest under section 170(h)7 3c No on the use or distribution offunds'? 4a No Do you prOVIde credit counseling,debt management,credit repair,or debt negotiation serVIces'? 4b No Do you make grants for scholarships, fellowships, student loans, etc 7 (If"Yes," attach an explanation of how you DId you maintain any separate account for partICIpatIng donors where donors have the right to prOVIde adVIce m Reason for Non-Private Foundation Status (See pages 3 through 6 of the Instructions.) The organization Is not a private foundation because It Is 5 (Please check only ONE applicable box) A church, convention ofchurches, or assomation ofchurches Section 170(b)(1)(A)(I) A school Section 170(b)(1)(A)(II) (Also complete Part V) A hospital ora cooperative hospital serVIce organization Section 170(b)(1)(A)(III) A Federal, state, or local government or governmental unit Section 170(b)(1)(A)(v) EDQNO‘ A medIcal research organization operated In conjunction WIth a hospital Section 170(b)(1)(A)(III) Enter the hospital's name, city, and state I” 10 _ _ _ _ _ TI An organization operated for the benefit ofa college or univerSIty owned or operated by a governmental unit Section 170(b)(1)(A)(Iv) (Also complete the Support Schedule In Part IV-A) 11a An organization that normally receives a substantial part ofIts support from a governmental unit or from the general public 11b A community trust Section 170(b)(1)(A)(VI) (Also complete the Support Schedule In Part IV-A) Section 170(b)(1)(A)(VI) (Also complete the Support Schedule In Part IV-A) 12 _ _ _ An organization that normally receives (1) more than 331/3°/o ofIts support from contributions, membership fees, and gross receipts from actIVItIes related to Its charitable, etc , functions—subject to certain exceptions, and (2) no more than 331/3°/o of Its support from gross Investment Income and unrelated busmess taxable Income (less section 511 tax) from busmesses achIred by the organization after June 30,1975 See section 509(a)(2) (Also complete the Support Schedule In Part IV-A) 13 _ An organization that Is not controlled by any dIsqualIerd persons (other than foundation managers) and supports organIzatIons described In (1) lines 5 through 12 above, or (2) sections 501(c)(4), (5), or (6), Ifthey meet the test ofsection 509(a)(2) Check the box that describes the type ofsupporting organization I” I_Type 1 _Type 2 _Type 3 PrOVIde the followmg Information about the supported organIzatIons (see page 5 ofthe Instructions) (a) Name(s) ofsupported organIzatIon(s) 14 (b) LIne number from above An organization organized and operated to test for public safety Section 509(a)(4) (See page 5 ofthe Instructions) Schedule A (Form 990 or 990-EZ) 2005 Schedule A (Form 990 or 990-EZ) 2005 Page 3 m Support Schedule (Complete only ifyou checked a box on line 10, 11, or 12 ) Use cash method ofaccounting. Note: You may use the worksheet In the Instructions for converting from the accrual to the cash method of accounting. Calendar year (or fiscal year beginning in) 15 16 17 18 19 20 21 22 23 F (a) 2004 G'fts' grants' and contr'bUt'ons rece'ved (Do not Include unusual grants See line 28) Membership fees received Gross receipts from admissmns, merchandise 65,281,299 (SeCt'on 512(a)(5))' rents' roya't'es' and unrelated busmess taxable income (less section 511 taxes) from busmesses achIred by the organization afterJune 30,1975 Net income from unrelated busmess actiVities not included in line 18 Tax revenues leVIed forthe organization's benefit and either paid to it or expended onits behalf The value ofserVIces orfaCIlities furnished to the organization by a governmental unit Without charge Do not include the value ofserVIces or faCIlities generally furnished to the public Without charge Other income Attach a schedule Do not include gain or (loss) from sale ofcapital assets 25 26 Enter 1% of line 23 Organizations described on lines 10 or 11: a 47,957,938 (d) 200 1 32,723,827 (e) Total 20,825,745 166,788,809 7,557,469 3,552,968 4,810,465 4,248,601 20,169,503 37,769,919 4,978,900 5,800,540 6,176,317 54,725,676 0 0 0 Total of lines 15 through 22 Line 23 minus line 17 (c) 2002 0 SOId or serv'ces performed' or mrmsmng 0f faCIlities in any actiVity that is related to the organization's charitable, etc , purpose Gross income from interest, diVidends, amounts received from payments on securities loans 24 (b) 2003 7,648,936 4,838,131 32,561,885 64,022,433 50,983,768 36,088,794 274,245,873 115,593,409 60,469,465 46,173,303 31,840,193 254,076,370 1,231,509 640,224 509,838 12,542,191 7,532,527 123,150,878 360,888 Enter 2% ofamount in column (e), line 24 I” 26a 5,081,527 P 26b 44,238,449 F 26c 254,076,370 b Prepare a list for your records to show the name ofand amount contributed by each person (otherthan a governmental unit or publicly supported organization) whose total gifts for 2001 through 2004 exceeded the amount shown in line 26a Do not file this list with your return. Enter the total ofall these excess amounts c Total support for section 509(a)(1) test Enter line 24, column (e) d Add Amounts from column (e) for lines 18 54,725,676 19 22 27 0 h 26d 131,526,010 e Public support (line 26c minus line 26d total) I” 26e 122,550,360 f Public support percentage (line 26e (numerator) divided by line 26c (denominator)) I” 26f 48 23 % Organizations described on line 12: a 26b 44,238,449 For amounts included in lines 15, 16, and 17 that were received from a "disqualified person," prepare a list for your records to show the name of, and total amounts received in each yearfrom, each "disqualified person " Do not file this list with your return. Enter the sum ofsuch amounts for each year (2004) (2003) (2002) (2001) b For any amount included in line 17 that was received from each person (other than "disqualified persons"), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of(1) the amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 11, as well as indiViduals ) Do not file this list with your return. After computing the difference between the amount received and the larger amount described in (1) or (2), enterthe sum of these differences (the excess amounts) for each year (2004) (2003) c Add Amounts from column(e)for ines 17 (2002) 15 (2001) 16 20 I” 27c F 27d P 27e 9 Public support percentage (line 27e (numerator) divided by line 27f (denominator)) F 279 h Investment income percentage (line 18, column (e) (numerator) divided by line 27f (denominator)) F 27h d Add Line 27atota 21 andline 27btotal e Public support (line 27c total minus line 27d total) f Total support for section 509(a)(2) test Enter amount from line 23, column (e) F 28 I 27f I Unusual Grants: For an organization described in line 10, 11, or 12 that received any unusual grants during 2001 through 2004, prepare a list for your records to show, for each year, the name ofthe contributor, the date and amount ofthe grant, and a brief description ofthe nature ofthe grant Do not file this list with your return. Do not include these grants in line 15 Schedule A (Form 990 or 990-EZ) 2005 ScheduleA (Form 990 or990-EZ)2005 Page4 m 29 30 Private School Questionnaire (See page 7 of the Instructions.) (To be completed ONLY by schools that checked the box on line 6 in Part IV) Does the organIzatIon have a raCIaIIy nondIscrImInatory poIIcy toward students by statement In Its charter, bylaws, other governIng Instrument, or In a resolutIon ofIts governIng body? Yes No 29 Does the organIzatIon Include a statement ofIts raCIaIIy nondIscrImInatory poIIcy toward students In all Its brochures, catalogues, and other ertten communIcatIons WIth the pubIIc deaIIng WIth student admISSIons, programs, and scholarshIps? 31 30 Has the organIzatIon pubIICIzed Its raCIaIIy nondIscrImInatory poIIcy through newspaper or broadcast medIa durIng the perIod ofsoIICItatIon for students, or durIng the regIstratIon perIod IfIt has no soIICItatIon program, In a way that makes the poIIcy known to all parts ofthe general communIty It serves? 31 If"Yes," please descrIbe, If"No," please epraIn (Ifyou need more space, attach a separate statement) 32 Does the organIzatIon maIntaIn the followmg a Records IndIcatIng the raCIaI compOSItIon ofthe student body, faculty, and admInIstratIve staff? 32a b Records documentIng that scholarshIps and otherfInanCIal aSSIstance are awarded on raCIaIIy nondIscrImInatory baS S7 32b c CopIes ofall catalogues, brochures, announcements, and other ertten communIcatIons to the pubIIc deaIIng WIth student admISSIons, programs, and scholarshIps? 32c d CopIes ofall materIaI used by the organIzatIon or on Its behalfto soIICIt contrIbutIons'? 32d Ifyou answered "No" to any ofthe above, please epraIn (Ifyou need more space, attach a separate statement) 33 Does the organIzatIon dIscrImInate by race In any way WIth respect to a Students' rIghts or prIVIIeges'? 33a b AdmISSIons p0 C eS7 33b c Employment offaculty or admInIstratIve staff? 33c d ScholarshIps or otherfInanCIal aSSIstance'? 33d e EducatIonaI p0 C eS7 33e f Use 0ffaC tleS7 33f g AthletIc programs? 339 h Other extracurrIcuIar aCthltleS7 33h Ifyou answered "Yes" to any ofthe above, please epraIn (Ifyou need more space, attach a separate statement) 34a Does the organIzatIon recere any fInanCIaI aId or aSSIstance from a governmental agency? 34a b Has the organIzatIon's rIght to such aId ever been revoked or suspended? 34b Ifyou answered "Yes" to eIther 34a or b, please epraIn usmg an attached statement 35 Does the organIzatIon certIfy that It has compIIed WIth the appIIcabIe reqUIrements ofsectIons 4 01 through 4 05 of Rev Proc 75-50,1975-2 C B 587, coverIng raCIaI nondIscrImInatIon'? If"No," attach an explanatIon 35 Schedule A (Form 990 or 990-EZ) 2005 Schedule A (Form 990 or 990-EZ) 2005 Page 5 Lobbying Expenditures by Electing Public Charities (See page 9 of the Instructions.) (To be completed ONLY by an eligible organization that filed Form 5768) '— Ifthe organIzatIon belongs to an affIlIated group Check I” b '— Ifyou checked "a" and " ImIted control" prOVISIons apply m Check I” a . . . . LImIts on LobbyIng Expenditures ( Th (a) AffIlIated group totals n d n d d e term expen Itures means amounts paI or Incurre ) (b) To be completed forALL electIng organIzatIons 36 Total lobbyIng expendItures to Influence publIc opInIon (grassroots lobbyIng) 36 37 Total lobbyIng expendItures to Influence a legIslatIve body (dIrect lobbyIng) 37 38 Total lobbyIng expendItures (add Ines 36 and 37) 38 105,214 39 Other exempt purpose expendItures 39 47,562,298 40 Total exempt purpose expendItures (add Ines 38 and 39) 40 47,667,512 41 LobbyIng nontaxable amount Enterthe amount from the followmg table— 41 1,000,000 If the amount on line 40 is— The lobbying nontaxable amount is— Not over $500,000 20% of the amount on Ine 40 Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 $1,000,000 105,214 42 Grassroots nontaxable amount (enter 25% oflIne 41) 42 250,000 43 SubtractlIne 42 fromlIne 36 Enter-0- IflIne 42 Is more thanlIne 36 43 0 44 SubtractlIne 41 fromlIne 38 Enter-0- IflIne 41 Is more thanlIne 38 44 0 Caution: If there Is an amount on either line 43 or lIne 44, you must file Form 4720. 4-Year Averaging Period Under Section 501(h) (Some organIzatIons that made a sectIon 501(h) electIon do not have to complete all ofthe fIve columns below See the InstructIons for Ines 45 through 50 on page 11 ofthe InstructIons) Lobbying Expenditures During 4-Year Averaging Period Calendar year (or fiscal year beginning in) I” (a) 2005 45 LobbyIng nontaxable amount 105,214 46 LobbyIng ceIIIng amount (150% oflIne 45(e)) 47 Total lobbyIng expendItures 105,214 48 Grassroots nontaxable amount 250,000 49 Grassroots ceIIIng amount (150% oflIne 48(e)) 50 Grassroots lobbyIng expendItures (b) 2004 108,500 (c) 2003 (d) 2002 98,239 (e) Total 40,000 351,953 527,930 108,500 98,239 40,000 351,953 250,000 375,000 Part VI-B Lobbying Activity by Nonelecting Public Charities (For reportIng only by organIzatIons that dId not complete Part VI—A) (See page 11 of the InstructIons.) DurIng the year, dId the organIzatIon attempt to Influence natIonal, state or local legIslatIon, IncludIng any Yes No Amount attempt to Influence publIc opInIon on a legIslatIve matter or referendum, through the use of a Volunteers PaId staffor management (Include compensatIon In expenses reported on Ines cthrough h.) MedIa advertIsements MaIlIngs to members, legIslators, or the publIc PublIcatIons, or publIshed or broadcast statements Grants to other organIzatIons for lobbyIng purposes DIrect contact WIth legIslators, theIr staffs, government offICIals, or a legIslatIve body run-non a- RallIes, demonstratIons, semInars, conventIons, speeches, lectures, or any other means Total lobbyIng expendItures (Add Ines cthrough h.) If"Yes" to any ofthe above, also attach a statement gIVIng a detaIled descrIptIon ofthe lobbyIng actIVItIes Schedule A (Form 990 or 990-EZ) 2005 ScheduleA (Form 990 or990-EZ)2005 Pages m Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (See page 11 of the InstructIons.) DId the reportIng organIzatIon dIrectly or IndIrectly engage In any ofthe followmg WIth any other organIzatIon descrIbed In sectIon 501(c) ofthe Code (otherthan sectIon 501(c)(3) organIzatIons) or In sectIon 527, relatIng to polItIcal organIzatIons? 51 a Transfers from the reportIng organIzatIon to a noncharItable exempt organIzatIon of (i) Cash (ii) Other assets Yes No 51a(i) No a(ii) No No b Othertransactlons (i) Sales or exchanges ofassets WIth a noncharItable exempt organIzatIon b(i) (ii) Purchases ofassets from a noncharItable exempt organIzatIon b(ii) (iii) Rental of faCIIItIes, eqUIpment, or other assets b(iii) Yes (iv) ReImbursement arrangements b(iv) Yes (v) Loans or loan guarantees b(v) Yes (vi) Performance ofserVIces or membershIp orfundraISIng solICItatIons b(vi) Yes c Yes c SharIng offaCIIItIes,eqUIpment,maIlIng lIsts,otherassets,or paId employees No d Ifthe answer to any ofthe above Is "Yes," complete the followmg schedule Column (b) should always show the faIr market value ofthe goods, other assets, or serVIces gIven by the reportIng organIzatIon Ifthe organIzatIon recered less than faIr market value In any transactIon or sharIng arrangement, show In column (d) the value ofthe goods, other assets, or serVIces recered 51b(III) 0 (d) DescrIptIon oftransfers, transactIons, and sharIng arran ements FRIENDS OFASU USES STAFF, 51b(Iv) 0 FACILITIES AND INCIDENTAL 51b(VI) 0 SUPPLIES PROVIDED BY THE (a) LIne no (b) Amount Involved (c) Name of noncharItable exempt organIzatIon 51c 56,393 FRIENDSOFASU FOUNDATION FRIENDS OFASU 51b(v) 80,979 FRIENDSOFASU UNREIMBURSED COSTS AT 6/30/06 0 FOUNDATION FORALLSUCH COSTS 52a Is the organIzatIon dIrectly or IndIrectly affIIIated WIth, or related to, one or more tax-exempt organIzatIons descrIbed In sectIon 501(c) ofthe Code (otherthan sectIon 501(c)(3)) or In sectIon 5277 F I7 Yes I— No b If"Yes," complete the followmg schedule (a) Name oforganIzatIon FRIENDSOFASU (b) Type oforganIzatIon 501(C)(4) (C) DescrIptIon of relatIonshIp THE FOUNDATION CONTROLS THE Schedule A (Form 990 or 990-EZ) 2005 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Cash Grants Paid Schedule Name: EIN: Class of Activity Arizona State Umversnty Foundation 86-6051042 Recipient's name Address Amount Relationship ARIZONA STATE UNIVERSITY PO BOX 870502 TEMPE, AZ 85287 27,873,017 NONE SUN ANGEL FOUNDATION PO BOX 872205 TEMPE, AZ 85287 299,199 NONE ARIZONA STATE UNIVERSITY PO BOX 870502 TEMPE, AZ 85287 3,124,065 NONE ARIZONA STATE UNIVERSITY PO BOX 870502 TEMPE, AZ 85287 759,500 NONE Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93490136004287I TY 2005 Depreciation and Depletion Schedule Name: EIN: Arizona State Umversnty Foundation 86-6051042 Asset Amount BUILDINGS/IMPROV. 379,576 FIXTURES & EQUIP 354,991 BUILDINGS/IMPROV. 49,999 FIXTURES & EQUIP. 30,654 RAW LAND REAL ESTATE IMPROV BRIC KYARD BRIC KYARD TIMESHARE Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - TY 2005 Gain/Loss from Sale of Public Securities Schedule Name: EIN: Arizona State Umversnty Foundation 86-6051042 Gross Sales Price: 312,792,919 Basis: 304,845,933 Sales Expenses: Total (net): 7,946,986 DLN:93490136004287I Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Investments - Land Schedule Name: EIN: Category /Item RAW LAND Arizona State Umversnty Foundation 86-6051042 Cost/Other Basis Accumulated Depreciation Book Value 1,789,858 1,789,858 10,178 10,178 BRICKYARD 4,316,788 4,316,788 BRICKYARD 49,251,660 49,251,660 TIMESHARE 2,200 2,200 REAL ESTATE IMPROV Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Investments - Other Schedule Name: EIN: Description INVESTMENT IN LEASES Arizona State Umversnty Foundation 86-6051042 Book Value Cost/FMV 2,367 INVESTMENTS HELD BY OTHER ORGANIZATIONS MINIMUM LEASE PAYMENT REC. 2,514 54,205,561 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Investments - Securities Schedule Name: EIN: Description DOMESTIC EQUITIES Arizona State Umversnty Foundation 86-6051042 Book Value Cost/FMV 107,361,445 INTERNATIONAL EQUITIES 98,672,847 HEDGE FUND STRATEGIES 36,739,666 PRIVATE EQUITIES INFLATION HEDGE FUND BONDS CIP REAL ESTATE INVEST TRUST 3,168,448 37,321,637 111,573,817 125,895 SECURITY GIFTS 37,622 OTHER INVESTMENTS 12,290 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Land etc. Schedule Name: EIN: Category /Item BUILDINGS/IMPROV. Arizona State Umversnty Foundation 86-6051042 Cost/Other Basis Accumulated Depreciation Book Value 15,233,051 538,253 14,694,798 FIXTURES & EQUIP 1,912,229 628,356 1,283,873 BUILDINGS/IMPROV. 1,949,947 49,999 1,899,948 214,581 30,654 183,927 FIXTURES & EQUIP. Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Mortgages and Notes Payable Schedule Name: EIN: Total Mortgage Amount: Arizona State Umversnty Foundation 86-6051042 11690000 Item No. Lender's Name 1 2004 SERIES B REVENUE BONDS Lender's Title Relationship to Insider Original Amount of Loan 12075000 Balance Due 11690000 Date of Note 2004-07 Maturity Date 2022-07 Repayment Terms INT. PD MONTHLY, ANNUAL REDEMPTION PER SCHEDULE Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV BUILDING, PARKING STRUCTURE & MASTER LEASE REAL ESTATE PURCHASE Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93490136004287I TY 2005 Non Cash Grants Paid Schedule Name: EIN: Arizona State Umversnty Foundation 86-6051042 Item No. 1 Class of Activity Donee's Name ARIZONA STATE UNIVERSITY Donee's Address Amount (FMV) Relationship Description Book Value How Book Value is Determined? How FMV is Determined? Date of Gift NON E PROPERTY TRANSFER 466222 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Other Assets Schedule Name: EIN: Description INTEREST IN CHAR. REMAIN. TRST Arizona State Umversnty Foundation 86-6051042 Beginning of Year Amount End of Year Amount 979,180 375,623 2,221,126 2,144,071 9,300 74,990 LIFE INSURANCE 166,171 126,837 ARIZONA COUNTRY CLUB MBRSHP 107,040 107,040 RECORDINGS/ARCHIVE MATERIAL 40,000 40,000 2,966,833 2,379,242 OTHER ASSETS 0 1,766 EQUITY INTEREST IN AZTE 0 599,886 BOND ISSUANCE COST EMPLOYEE ADVANCES VALUE OF TAX ABATEMENT Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Other Changes in Net Assets Schedule Name: EIN: Arizona State Umversnty Foundation 86-6051042 Description UNREALIZED GAIN ON INVESTMENTS CHANGE IN VALUE OF SPLIT-INT AGREEMENTS Amount 16,867,023 497,142 CHANGE IN VALUE OF INTEREST RATE SWAP 3,463,543 HELD FOR INVESTMENT 4,316,788 UNREALIZED GAIN ON AZTE NON-CASH INCOME 50,063 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Other Expenses Not Included Schedule Name: EIN: Description INVESTMENT MANAGEMENT FEES MANAGEMENT FEE Arizona State Umversnty Foundation 86-6051042 Amount 469,213 6,298,697 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93490136004287I TY 2005 Other Liabilities Schedule Name: EIN: Description SPLIT-INTEREST AGREEMENTS ASU ENDOWMENT TRUST AGREEMENT INTEREST RATE SWAP LIABILITY Arizona State Umversnty Foundation 86-6051042 Beginning of Year Amount End of Year Amount 5,107,746 5,090,919 56,770,622 64,135,420 4,597,366 1,133,823 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Other Revenues Not Included Schedule Name: EIN: Description INVESTMENT MANAGEMENT FEES MANAGEMENT FEE Arizona State Umversnty Foundation 86-6051042 Amount 469,213 6,298,697 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Tax-Exempt Bond Liabilities Schedule Name: EIN: Arizona State Umversnty Foundation 86- 6051042 Item No. Name of Issue Purpose 2003 LEASE REVENUE BONDS Amount Outstanding 47600000 Unexpeded Bond Proceeds 918441 Third Party Use Yes Space Percentage Maturity Date Repayment Terms 480 0/o 2034-07 INTEREST SEMI-ANNUAL Interest Rate Security 250 0/o FOU NDATION'S HEADQUARTERS-OFFIC E BLDG. Item No. Name of Issue Purpose 2004 REVENUE BONDS Amount Outstanding 22420000 Unexpeded Bond Proceeds 1257593 Third Party Use Space Percentage Maturity Date Repayment Terms 2034-07 INTEREST MONTHLY Interest Rate Security BRICKYARD BLDG. AND PARKING STRUCTURE Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Employee Compensation Explanation Name: EIN: Arizona State Umversnty Foundation 86-6051042 Employee ANDREW WOOTEN JASON P SYDOW SYBIL FRANCIS KENNETH LEWIS TERESA ROMY SCHLEC HT Explanation Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287] TY 2005 Other Income Schedule Name: EIN: Description Arizona State Umversnty Foundation 86-6051042 2003 2002 2001 2000 Total OTHER ADMINISTRATIVE SVS 1,993,301 1,611,366 4,167,342 4,838,131 12,610,140 OTHER INCOME 1,877,995 1,354,220 3,481,594 0 6,713,809 UNIVERSITY SVS FEE 4,736,600 2,176,000 0 0 6,912,600 0 2,391,041 0 0 2,391,041 3,934,295 0 O 0 3,934,295 MANAGEMENT FEES AZTE REVENUE _m=_m 933.3 .91.: - 00 204 uzonmmm .5 3.3 9.8 - _ 2.2" 3333833. ._.< Moom mm: Umm=3n mfimumamsn 2min" mHz" Esm 2:359. Mn >2Nosm mflmflm c2519? mocsamco: 3-8303 mxu_m:m:o: m._.>x_ucm._. _uOC2_U>._.HOZ UNO mfl>2._. ._.0 ._.Im _uOC2_U>._.HOZ H2 ._.Im >_<_OC2._. O_u appmboo. mO>NU Zmmex Ummfl> mHmmNONU O_u ._.Im m._.>x_ucm._. _uOC2_U>._.H02. mO>NU Zmmexm ZHOI>mr ONO<<\ Hfl> u>nxm02 >2_U _u>C_u <<>NU Nmanm _u>x._. O_u >2 >nnOC2._.>m_um _u_.>2. mO>NU Zmmex I>Nfl< _u>_u_u ._.INOCOI 15 322 _! NO< _u>_u_u Q >mmOnH>._.mm _<_>2>mmm ._.Ixmm 202-_uOO_um_U mZUO<<_<_m2._. >nnOC2._.m. mO>NU Zmme? HOIZ OINHm._.H>2\ Hm > _u>x._.2_mx H2 ._.Im _.><< ENE umzszmW m4xOcmm\ m>_u_<_02 <r UNOmmmmHOZEI mmN_<_OC2._. O_u WHmAlam. _u>x._.HnH> m._.>N_A Hm >2 OmmHnmN >._. m>2_A O_u >Zman>\ >2 Oxm>2HN>d02 ._.I>._. I>m >2 H2._.mxmm._. W>._.m m<<>_u >mxmm_<_m2._. <._.H02. Line Number Explanation 2d SEE 990, PART Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93490136004287 Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing. TY 2005 Supplemental Support Schedule Name: EIN: Membership Fees Received Arizona State Umversnty Foundation 86-6051042 Year Gifts, Grants and Contributions Received Gross Receipts From Admissions, Etc. Gross Invstment Income And Post 1975UBI Net UBI Pre 1975 Tax Revenues Levied For Organization's Benefit Value Of Services, Facilities Furnished By Government Other Income Total 2005 65,281,299 7,557,469 37,769,919 12,542,191 123,150,878 2004 47,957,938 3,552,968 4,978,900 7,532,627 64,022,433 2003 32,723,827 4,810,465 5,800,540 7,648,936 50,983,768 2002 20,825,745 4,248,601 6,176,317 4,838,131 36,088,794 OMB No 1545-1679 Exempt Organization Declaration and Signature for Electronic Filing For calendar year 2005, or tax year beginning _ _ __O_7_/_O_:L ,2005, and ending _ _ _ Q 6 20 2®05 For use with Forms 990, 990-EZ, 990-PF. 1120-POL, and 8868 Department of the Treasury > See instructions on back. Internal Revenue SerVIce Name of exempt organization Employer Identification number For," 8453.E0 ARIZONA STATE UNIVERSITY FOUNDATION 86-6051042 Type of Return and Return information (Whole Dollars Only) Check the box for the return for which you are usmg this Form 8453-EO and enter the applicable amount from the return if any It you check the box on line 1a, 2a, 3a, 4a, or 5a below and the amount on that line for the return for which you are filing this form was blank, then leave line 1b, 2b, 3b, 4b, or 5b whichever Is applicable, blank (I e do not enter -0-) But, If you entered -0- on the return. then enter —0- on the applicable line below Do not complete more than 1 line In Part 1a Form 990 check here > b Total revenue, if any (Form 990,11ne12) . . . . . . . . . . . . . . 1b 1 6 9 8 12 9 8 4 . 2a Form 990-EZ check here > b Total revenue, If any (Form 990-EZ, line 9) . . . . . . . . . . . 2b 3a Form 1120-POL check here > b Total tax (Form 1120-POL. line 22) . . . . . . . . . . . . 3b 4a Form 990-PF check here > b Tax based on Investment Income (Form QQO-PF, Part VI, fine 5) 4b 5a Form 8368 check here > b Balance Due (Form 8868, line 3c) . . . . . . . . . . . . . . . . . 5b m 8 Declaration of Officer [j I authorize the US Treasury and its deSIgnated FinanCIaI Agent to Initiate an ACH electronic funds Withdrawal (direct debit) entry to the finanCIaI Institution account Indicated In the tax preparation software for payment of the organization's federal taxes owed on this return, and the finanCIal Institution to debit the entry to this account To revoke a payment, I must contact the US Treasury FinanCIal Agent at 1—888-353-4537 no later than 2 busmess days prior to the payment (settlement) date I also authorize the Manual institutions Involved In the processmg of the electronic payment of taxes to receive confidential information necessary to answer IanIrIes and resolve Issues related to the payment [:1 If a copy of this return Is being filed With a state agency(s) regulating charities as part of the IRS Fed/State program, I certify that I executed the electronic disclosure consent contained Within this return allowing disclosure by the IRS of this Form 990/990-EZ/990-PF (as speCIfically identified In Part I above) to the selected state agency(s) Under penalties of perjury, i declare that I am an officer of the above named organization and that I have examined a copy of the organization's 2005 electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete I further declare that the amount in Part I above Is the amount shown on the copy of the organization's electronic return I consent to allow my Intermediate serVIce prowder, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmissmn, (b) an Indication of any refund offset. (c) the reason for any delay In processmg the return or refund, and (d) the date of any refund Sign Here Part ill , fim Signatu‘l‘fif officrer v V €— 05/15/2007 Date AVP/CONTROLLER Title Declaration of Electronic Return Originator (ERO) and Paid Preparetsee instructions) I declare that I have reVIewed the above organization's return and that the entries on Form 8453-EO are complete and correct to the best of my knowledge If I am only a collector, I am not responSIble for reVIeWIng the return and only declare that this form accurately reflects the data on the return The organization officer Will have Signed this form before I submit the return I Will give the officer a copy of all forms and Information to be filed With the IRS, and have followed all other requuements In Publication 4206, Information for Authorized IRS evfI/e Prowders for Exempt Organization Filings If I am also the Paid Preparer, under penalties of perjury I declare that I have examined the above organization's return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true. correct, and complete This Paid Preparer declaration is based on all information of which I have any knowledge Date ERO'S ERO's } Signature use only Finn‘s name (or yours it self-employed), ’ address, and ZIP code Check It also paid preparer Check If selfE] employed ERO's SSN or PTIN E'N Phone no Under penalties of perjury. I declare that l have examined the above return and accompanying schedules and statements, and to the best of my knowledge and belief. they are true, correct. and complete Declaration ot/prep/arer Is based on all Information of which the preparer has any knowledge / */ Date Check Preparers SSN or Pill/N ~~ ‘ A v , ~ I Ifg I“ . Pald gape??? p / / ’1 N i) T leinswfnloyed f)? C1 7 c) [A’_ (fl Preparer's F,,m.s,,ame(o, Csz’ ATA SERVICES, LLC EIN 34—1884125 ‘ Use Only gaggsegssglggglgocvggg. } 3 1 o l N . CENTRAL AVE . , STE 3 0 O ’ PHOENIX AZ 85012 Phoneno602—264—6835 For Privacy Act and Papenivork Reduction Act Notice, see back of form. Form 8453-EO (2005) JSA 5E16752000 0560013 2426 05/15/2007 09:34:35 V05—8.l 2073-16 3 Form 990, Part VIII - Relationship of Activities to the Accomplishment of Exempt Purposes: Line No. Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes). 93A VARIOUS UNIVERSITY,COMMUNITY,AND OTHER SPECIAL EVENTS,AND 0 PROGRAMS ALL OF WHICH ARE ACTIVITIES WHICH PROMOTE ACADEMIC 0 EXCELLENCE,CULTURAL AWARENESS AND COMMUNITY INVOLVEMENT 0 RELATED TO BOTH SPECIFIC AND GENERAL UNIVERSITY ACADEMIC 0 DISCIPLINES 97A 0 103B 0 103C BRICKYARD RENTAL PROPERTY PROVIDES OFFICE &CLASSROOM SPACE THAT SUPPORTS THE UNIVERSITY UNIVERSITY SERVICE FEE IS CONTRACT FEE CHARGED TO UNIVERSITY DEPARTMENTS FOR FUNDRAISING ADMINISTRATIVE SERVICE FEE IS CHARGED FOR ACCOUNT ADMIN- 0 STRATION FOR DEPOSITS AND DISBURSEMENTS MADE ON BEHALF OF 0 UNIVERSITY DEPARTMENTS 103D FEES FORWORKING TO TRANSFER THE BENEFITS OF RESEARCH DONE 0 BY ARIZONA STATE UNIVERSITY TO THE COMMUNITY AND FEES FOR 0 MANAGING THE RESULTING ROYALTY CONTRACTS BASED ON THE 0 LICENSING OFARIZONA STATE UNIVERSITY'S INTELLECTUAL 0 PROPERTY RIGHTS 103E 0 FOUNDATION CHARGES A FEE FOR MANAGING INVESTMENTS OFTHE UNIVERSITY Form 990, Part V-A - Current Officers, Directors, Trustees, and Key Employees: (A) Name and address (B) Title and average hours per week devoted to position (C) Compensation (If not paid, enter -0-) HARRY PAPP PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 DIRECTOR 41 0 ANNE MARIUCCI PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 DIRECTOR 42 0 SCOTT WALD PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 DIRECTOR 47 0 PAUL WARD PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 UNIVERSITY APPOINT 37 0 IRA A JACKSON PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 PRESIDENT 65 632,789 (D) Contributions to employee benefit plans & deferred compensation plans (E) Expense account and other allowances Form 990, Part V-A - Current Officers, Directors, Trustees, and Key Employees: (A) Name and address (B) Title and average hours per week devoted to position ED RONDTHALER PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 TREASURER 4 WAYNE DORAN PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 PAST CHAIR 44 DEBBI BISGROVE PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 39 LYLE CAMPBELL PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 39 MICHAEL CROW PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 UNIVERSITY PRESIDENT 3 7 SCOTT CROZIER PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 4 STEVE EVANS PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 274 ARMANDO FLORES PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 39 IRA FULTON PO BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 DIRECTOR 37 BOBJOHNSON PO BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 DIRECTOR 34 (C) Compensation (If not paid, enter -0-) (D) Contributions to employee benefit plans & deferred compensation plans (E) Expense account and ot her allowances Form 990, Part V-A - Current Officers, Directors, Trustees, and Key Employees: (A) Name and address (B) Title and average hours per week devoted to position (C) Compensation (If not paid, enter -0-) (D) Contributions to employee benefit plans & deferred compensation plans (E) Expense account and other allowances IRA A JACKSON Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 PRESIDENT/CEo 65 417,780 36,698 0 CHARLES WAGNER Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 SR VICE PRESIDENT 65 164,385 18,901 6,000 MICHEALBOULDEN Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 CHIEFOFSTAFF 65 121,554 12,361 0 JACQUELINE LEWIS Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 SR VICE PRESIDENT 65 149,625 13,921 0 PETERJ SLATE Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 CEO -AZTE 65 348,184 28,533 0 JACQUELINERNORTON Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 EXEC VICE PRESIDENT 65 206,250 12,748 0 PATRICIA A SCALZI Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 SR VICE PRESIDENT 65 139,961 17,345 0 DIANE MCCARTHY Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 SR VICE PRESIDENT 65 140,000 10,651 10,000 CRAIG WEATHERUP Po BOX 2260 300EUNIVERSITY DR TEMPE,Az 85281 CHAIR 93 0 0 0 ANGELA CESAL-SHAULIS Po BOX 2260 300EUNIVERSITY DR TEMPE,AZ 85281 SECRETARY 37 0 0 0 Additional Data Software ID: Softwa re Version: EIN: Name: 86-6051042 Arizona State Umversnty Foundation Form 990, Part II, Line 43 - Other expenses not covered above (itemize): Do not include amounts reported on line 6b, 8b, 9b, lab, or 16 of Part I. (A) Total (B) Program services a PROFESSIONAL FEES 43a 3,267,384 b ADP PAYROLL EXPENSES 43b 11,244 (C) Management and general (D) Fundraising 3,267,384 11,244 c LECTU RE RS 43c 65,823 65,823 d MISCELLANEO US 43d 557,231 429,885 127,346 e IN S U RA N C E 43e 198,033 39,736 158,297 f ADVERTISING 43f 485 g AZTE EXPENSES 439 69,529 63,716 5,813 h GIFTS, TRO PH I ES, FLO WE RS 43h 617,995 266,478 276,231 75,286 i DUES, FEES, SUBSCRIPTIONS 43i 277,253 123,828 93,968 59,457 j MEALS & ENTERTAINMENT 43j 2,866,757 1,652,598 816,966 397,193 k MOVING &RECRUITMENT EXPENSE 43k 48,033 37,427 10,606 I STU DENT AID 43l 7,457 7,457 10,916 485 m DEPARTMENTAL SPONSORSHIPS 43m 764,653 729,022 24,715 n A M O RTIZATI O N 43" 664,555 448,749 215,806 0 FINANCE CHARGES/LATE FEES 430 17,584 17,584 p PBS ASSESSMENT 43p 1,388,857 1,388,857 q PRIZES, COMPETITION 43q 733,722 704,368 r CUSTO DIAL &INVEST MAN FEES 43r 9,244,420 29,354 9,244,420