IRS Form 990 Information Return – Highlights The ASU Foundation was incorporated in 1955 to meet the demands of Arizona’s fastest-growing university. Arizona State University (ASU) is the largest public research university in the U.S. with more than 15,000 students receiving degrees each year and colleges, institutions and research centers that include six locations throughout the state and a physical presence on both coasts. This year, U.S. News and World Report identified Arizona State University as the #1 most innovative school in the country, ahead of both Stanford and MIT. A university with this amount of energy and momentum requires an ever-increasing level of support. The mission of the ASU Foundation for A New American University (Foundation) is clear: to ensure the success of ASU. Under the leadership of CEO R.F. “Rick” Shangraw Jr., the Foundation helps advance ASU by working closely with philanthropists, business partners, and others to engage them in the University’s efforts to produce meaningful change. The Foundation has organized its operations to focus on its business lines, which include philanthropy, technology transfer, assets, and investments. The Foundation’s supporting services provide support to the Foundation business lines and University units through communications, legal, human resources, operations and services, strategic initiatives and outreach, and finance. Philanthropy is the Foundation’s primary activity. During the last 14-year period, alumni, parents, foundations, corporations and other individuals and organizations have committed $1.87 billion in support of ASU’s students, faculty, research, academics and facilities. The Foundation also develops entrepreneurial partnership opportunities for the benefit of the institution and manages a portfolio of income-producing, long-term investment and development properties. These, in addition to the endowment, comprise the Foundation’s total assets, which have grown to nearly $1 billion. The Foundation was again recognized as a top-scoring nonprofit of the universities, graduate schools and technological institutes ranked by Charity Navigator, the country’s largest and mostutilized evaluator of charities. For the fourth consecutive year, Charity Navigator awarded the Foundation its premier four-star rating, earning an overall score of 92.36 out of a possible 100 points. The Foundation reports its gifts in a variety of ways to satisfy different reporting agencies or internal productivity measurements. One reporting method the Foundation uses is New Gifts and Commitments, which measures the productivity of the Foundation’s fundraising efforts across all areas of the University and its affiliates. This method includes gifts, pledges, gifts-in-kind, bequests and more. The New Gifts and Commitments for the Foundation in 2015 was $207 million, and $147 million in 2014. Another method the Foundation uses to report gifts is a counting methodology developed by the Council for Aid to Education (CAE) which emphasizes Page 1 of 3 cash in the door counted for all supporting entities of ASU, in addition to the Foundation’s gift receipts. These gift receipts were $131 million in 2015, an increase from $99 million in 2014. Our Form 990 shows direct public support of $109 million for fiscal year 2015. The accounting method used for this form more closely represents Generally Accepted Accounting Principles (GAAP), a full accrual accounting methodology, rather than the New Gifts and Commitments or the CAE counting methodologies. One of the main differences between the CAE method and the Form 990 and GAAP is the recognition of pledges. CAE counts the gift as the pledge payments are made, while GAAP and the Form 990 count the entire gift at the time the pledge promise is made. The Foundation received $19.5 million of expense reimbursement from ASU to provide development, fundraising, investment, marketing and technology transfer services for ASU in fiscal year 2015. The Foundation provided $79.4 million to ASU for support of faculty, scholarships and programs. Below are some general information items that are intended to aid the reader in understanding the information that is presented in the IRS Form 990. Like all information that must be presented using a prescribed format, the financial information of the Foundation has been grouped and aligned to meet the requirements and definitions of the IRS Form 990. It may not be the best format for presenting the Foundation’s financial information in terms of understanding financial relationships, levels of materiality and priority, or providing the narrative information that gives a comprehensive view of the Foundation’s financial and operational activities. This Form 990 should be read in conjunction with the Foundation’s audited financial statements, which can be found on our website (asufoundation.org). Dates: The 2014 Form 990 return covers the fiscal year from July 1, 2014, to June 30, 2015. General: IRS Form 990 is intended to disclose selected information about a tax exempt organization’s financial, governance and operational activities. While most of the information presented closely aligns with Generally Accepted Accounting Principles (GAAP), it will not depict the activities of the organization in exactly the same manner as the audited financial statements. Revenue: The ASU Foundation recognizes revenue from many different sources for fiscal year ended (FYE) June 30, 2015.    Expense: $108.6 million of contributions (shown on Part I, line 8). $47.0 million of investment return (Part I, line 10). $4.0 million of other revenue (line 11), the details of which can be seen on page 9 of the return, Part VIII, lines 6d and 11e. The ASU Foundation incurs many different types of expenses during the fiscal year in support of its objectives. Page 2 of 3  Total expenses (line 18) are broken down into functional categories on page 10, Part IX, of the Form 990. These breakdowns are predetermined by the IRS and organizations cannot deviate from the defined line items.  Statement of Functional Expenses (Part IX, lines 1-25) is presented to allow the reader to see how each natural category of expense is spread across the functions of Program (direct ASU support), Management and General, and Fundraising. Some elements of revenue and expense recognized in the audited financial statements are not included in the Form 990 totals. There is a reconciliation of the Form 990 revenue and expense to the audited statements on Schedule D, Parts XI, XII and XIII of the Form 990. Balance Sheet Information: The assets and liabilities of the Foundation (Part X, lines 1 – 34) are presented to allow the reader to understand the investment holdings, receivables, and payables of the Foundation. Balance sheet items are explained fully in the footnotes to the Foundation’s audited financial statements. Page 3 of 3 OMB No 154 5-0047 2?14 Open to Public Inspection 06/3 0. 20 15 Employer identification number 86-6051042 Return of Organization Exempt From Income Tax Under section 501(0), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Do not enter social security numbers on this form as it may be made public. Information about Form 990 and its instructions is at 07 1 2014. and ending sm990 Department of the Treasury Internal Revenue Service A For the 2014 calendar year, or tax year beginning Name Of organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Cm? "app'mab?e AMERICAN UNIVERSITY Address change Name change Initial return Doing business as ASU FOUNDATION Number and street (or 0 box if mail is not delivered to street address) Room/suite P.O. BOX 2260 (480] Telephone number 965-3759 2:439:23? City or town, state or province. country, and ZIP or foreign postal code TEMPE, AZ 85280 Grossreceipts 1,127,089,283. Name and address of principal of?cer: SHANGRAW JR H13) '5 this? return? Yes NO Pend'w subordinates? 300 . UNIVERSITY DR . TEMPE, AZ 85281 Are all subordinates lncludedvI:I Yes No Tax-exempt status: I I 501(c)(3) I I 501(c)( (insert no) I ?947(a)(1) or I I 527 If attach alisi (see instructions) Website: . ASUFOUN DATION . ORG HIC) Group exemption number Form of organization-I I Corporation I I TrustI I Association I I Other I Year of formation: 1955I State oflegai domicile: AZ Summary 1 Briefly describe the organization's mission or most significant activities: TO 9 5.8-9. 3,3 2 Check this box El if the organization discontinued its operations or disposed of more than 25% of its net assets 8 3 Number of voting members of the governing body (Part VI, line isNumber of independent voting members of the governing body (Part VI, line 1b5?33 5 Total number of individuals employed in calendar year 2014 (Part V, line 2aTotal number of volunteers (estimate if necessaryTotal unrelated business revenue from Part column (C), line 12 7a 30 6, 903. Net unrelated business taxable income from Form 990-T, line Prior Year Current Year a, 8 Contributions and grants (PartVIl , ine1h) 59r 9711207 - 108,590,354- 9 Program service revenue (Part line 29) 5 652 011 . 5: 196: 033 - 5: 10 Investment income (Part column (A), lines Other revenue(Part column (A),lines5, 6d, Bc, 90, 100, and1ie) 11; 1261000- 4#111,291. 12 Total revenue- add lines 8through 11 (mustequal Part column (A). line12) 165: 498: 589- 164; 833! 367 - 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 66, 388, 588 . 72, 286, 298 . 14 Benefits paid to or for members (Part IX, column (A), line 4) 0 0 8 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-1016a Professional fundraising fees (Part IX, column (A), line 11aTotal fundraising expenses (Part IX, column (D), line 25) 6 17 Other expenses (Part lx, column (A), ines11a-11d, 11f-24e) 23, 172. 927. 23. 325, 503. 18 Total expenses. Add lines 13?17 (must equal Part IX, column (A), line 25Revenue less expenses Subtract line18from ine12 67:547r 500- 59.539: 936- BE Beginning of Current Year End of Year 1% 20 TotalassetsiPartx.line16) 940,081,141. 994,921,475. {5?3 21 Total iabi lties(PartX, line26) 227,889,296. 258,404,615. ?5 22 Netassetsorfundbalances Subtractline21fromline20 . . . . . . . . 712,191,845. 7136;516:860. Signature Block Under penalties of perjury, I declare that have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer [other than officer] is based on all information of which preparer has any knowledge . Sig?at??re olo?icer .- Dale - - . VPQFO wmma?ikav?o Type or ?lm name and title Print/Type preparer's name Preparers signature Date Check if PTIN :a'd BETHANN LON Beth 3:11;" 1 1/13/201 5 self?employed arer Usep0nly Firm's name PGRANT THORNTON LLP Firm's EIN 3 6- 60555 5 8 Firm's address u. :e'L'Rtse'l. Eli'i": .- Hit; thaw-uteri), an ad :11 Phone n0 415?98 6?3 900 May the discuss this return with the preparer shown above? (see instructions) I Yes No For Paperwork Reduction Act Notice, see the separate instructions. JSA 4E10101000 5887BC 700W Ol79143.00004 Form 990 (2014) PAGE 2 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2014: Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part . . 1 Briefly describe the organization's mission: TO ENSURE THE SUCCESS OF ARIZONA STATE UNIVERSITY AS A NEW AMERICAN UNIVERSITY. 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or gee-El? Yes No if "Yes," describe these new services on Schedule 0. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? Yes-No If "Yes," describe these changes on Schedule 0. 4 Describe the organization's program service accomplishments for each of its three largest program services. as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any. for each program service reported. 4a (Code: )(Expenses$ 22,427,891 including grants of$ 19,51? 93., )(Revenue$ 1,828,531. SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $22.4 MILLION IN SUPPORT OF SUSTAINABILITY AND EDUCATION ACTIVITIES, ENTREPRENEURIAL ACTIVITIES, AND PROGRAMMING ACTIVITIES. IN ADDITION TO THE PROGRAM REVENUE OF OVER $1.8 MILLION, ASU FOUNDATION PROVIDED OVER $20.6 MILLION IN CONTRIBUTION REVENUE FOR THESE ACTIVITIES. 4b (Code: )(Expenses 12,869,334. including grants 0f 12, 354.002. )(Revenue 1,049,286. RESEARCH SUPPORT THE ASU FOUNDATION PROVIDED MORE THAN $12.8 MILLION IN RESEARCH FUNDING FOR ASU. IN ADDITION TO THE OVER $1 MILLION OF PROGRAM REVENUE, THE ASU FOUNDATION PROVIDED MORE THAN $11 MILLION OF CONTRIBUTION REVENUE TO ASU IN SUPPORT OF RESEARCH IN INFORMATION PRIVACY AND SUPPLY CHAIN ENVIRONMENT AND EARLY CHILDHOOD EDUCATION AND OTHER AREAS. 4c (Code: )(Expenses$ 11,902,675, including grants of$ 11,5951829_ )(Revenue$ 970 470. STUDENT AND FACULTY SUPPORT THE ASU FOUNDATION PROVIDED ALMOST $12 MILLION FOR ASU PROGRAMS THAT ASSIST UNDERGRADUATE AND GRADUATE STUDENTS. IN ADDITION TO THE ALMOST $1 MILLION OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED MORE THAN $11 MILLION OF CONTRIBUTION REVENUE TO SUPPORT FACULTY RECOGNITION AND PROFESSORSHIPS. 4d Other program services (Describe in Schedule 0.) (Expenses 45, 567,752. including grants of 29, 664,233, )(Revenue 3,953,881. 4e Total program service expenses 92 7 67 653. Form 990 (2014) 5887130 700W 0179143.00004 PAGE 3 JSA 4E1020 1 000 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 {2014} Page 3 Part IV Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? if "Yes," complete Schedule A 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? if ?Yes, complete Schedule C, Pan?i 3 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501 election in effect during the tax year? if "Yes, complete Schedule C, Pan? ll' 4 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? it "Yes," complete Schedule C, Part ?l 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? if "Yes, complete Schedule D, Partl 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? lf "Yes, complete Schedule D, Part li 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? lf "Yes," complete Schedule D, Pan.? 8 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for amounts not listed in Part or provide credit counseling, debt management, credit repair, or debt negotiation services? if "Yes, complete Schedule D, Part lV 9 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? lf "Yes, complete Schedule D, Part 10 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, IX, or as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? if "Yes," complete Schedule D, Part Vi 11a Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes, complete Schedule D, Part 11b Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? if "Yes,? complete Schedule D, Part 11c Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes, complete Schedule D, Part IX 11d Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Pan?X 11e Did the organization?s separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (A80 740)? if "Yes," complete Schedule D, PartX 11f 12a Did the organization obtain separate, independent audited financial statements for the tax year? if "Yes," complete Schedule D, Parts Xl and 12a Was the organization included in consolidated, independent audited financial statements for the tax year? if "Yes,? and if the organization answered "No? to line 12a, then completing Schedule D. Parts Xi and is optional 12b 13 Is the organization a school described in section if "Yes, complete Schedule 13 14a Did the organization maintain an office, employees, or agents outside of the United States? 14a Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? if "Yes, complete Schedule F, Parts land lV 14b 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? if "Yes,? complete Schedule F, Pan?s ll and IV 15 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If "Yes, complete Schedule F, Pan?s ill and iv 16 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and Me? if "Yes, complete Schedule G, Part i (see instructions) 17 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part lines 10 and 8a? lf "Yes, complete Schedule G, Part ll 18 19 Did the organization report more than $15,000 of gross income from gaming activities on Part line 9a? lf "Yes,"complete Schedule G, Pan? 19 20a Did the organization operate one or more hospital facilities? if "Yes, complete Schedule 20a If "Yes" to line 203, did the organization attach a copy of its audited financial statements to this return? 20b JSA Form 990 (2014) 4E10211000 5887BC 700W 0179143.00004 PAGE 4 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 {2014] Page 4 Checklist of Required Schedules (conllnued) Yes No 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If "Yes, complete Schedule I, Parts I and ll 21 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If "Yes,? complete Schedule I, Parts and 22 23 Did the organization answer ?Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization?s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule 23 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If ?Yes," answer lines 24b through 24d and complete Schedule K. If go to line 25a 24a Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 24b .c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? 246 Did the organization act as an "on behalf of? issuer for bonds outstanding at any time during the year? 24d 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Pan?l 25a Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or If "Yes," complete Schedule L, Pan?l 25b 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Pan? ll 26 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part 27 28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes, complete Schedule L, Part IV 28a A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 28b An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes, complete Schedule L, Part IV. 286 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes, complete Schedule M. . . . 29 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes, complete Schedule 30 31 Did the organization liquidate, terminate, or dissolve and oease operations? If "Yes," complete Schedule N, Padl 31 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II 32 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301 .7701-2 and 301.7701-3? If "Yes," complete Schedule R, Partl 33 34 Was the organization related to any tax-exempt or taxable entity? lf "Yes,? complete Schedule R, Part ll, or IV, and Part V, line 1 34 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? 353 If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes, complete Schedule R, Part V, line 2 35b 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes, complete Schedule R, Part V, line 2 36 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes, complete Schedule R, FedVl 37 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11b and 19'? Note. All Form 990 filers are required to complete Schedule 0 38 Form 990 (2014) JSA 4E1030 1 000 5887BC 700W Ol79l43.00004 PAGE 5 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 {2014} Page 5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part Yes No 1a Enter the number reported in Box3 of Form 1096. Enter-D- if not applicable 1a 204 Enter the number of Forms W-ZG included in line 1a. Enter-O- if not applicable 1b 0 Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? 1c 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendaryear ending with or within the year covered by this return Za 569 If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions) 33 Did the organization have unrelated business gross income of $1 .000 or more during the year? 3a If "Yes," has it filed a Form 990-T for this year? if "No" to line 3b, provide an explanation in Schedule 0 3b 43 At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? 48 If "Yes,? enter the name of the foreign country: See instructions for filing requirements for Form 114, Report of Foreign Bank and Financial Accounts FBAR . 5a fNas the organization a party to a prohibited tax shelter transaction at any time during the tax year? 5a Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b If "Yes" to line 5a or 5b, did the organization file Form 5C 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? 6a If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? 6b 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payer? 7a If "Yes," did the organization notify the donor of the value of the goods or services provided? 7b Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? 7c If ?Yes," indicate the number of Forms 8282 filed during the year 7d Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? 7e Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7f If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? _79 If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-0? 7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? 8 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? 9a Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? 9b 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part line 12 103 Gross receipts, included on Form 990, Part line 12, for public use of club facilities 10b 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders 11a Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) 11b 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 12a If ?Yes," enter the amount of tax-exempt interest received or accrued during the year 12b 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? 13a Note. See the instructions for additional information the organization must report on Schedule 0. Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans 131:: Enterthe amount of reserves on hand 13c 14a Did the organization receive any payments for indoor tanning services during the tax year? 14a If "Yes." has it filed a Form 720 to report these payments? If "No, provide an expianation in Schedule 0 14b 4E10i??1000 Form 990 (2014) 5887BC 700W Ol79l43.00004 PAGE 6 Form 990(2014) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Pages Governance, Management, and Disclosure For each "Yes" response to lines 2 through ?b below, and for a "No? response to line 8a, so, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response or note to any line in this Part VI Section A. Governing Body and Management Yes No 1a Enter the number of voting members of the governing body at the end of the tax year 1a 20 If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0 Enter the number of voting members included in line 1a, above, who are independent 1b 18 2 Did any officer, director. trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? 2 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? . . 3 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4 5 Did the organization become aware during the year of a significant diversion of the organization's assets?. . . . 5 6 Did the organization have members or stockholders? 6 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? 73 Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? 7b 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? 38 Each committee with authority to act on behalf of the governing body? 8b 9 Is there any officer. director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? if the names and addresses in Schedule 0 9 Section B. Policies (This Section requests information about policies not required by the Internal Revenue Code.) Yes N0 103 Did the organization have local chapters, branches, or af?liates? 108 if "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? . . . 10b 11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? . 11 a Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? it go to line 13 12a Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? 12b Did the organization regularly and consistently monitor and enforce compliance with the policy? if "Yes," describe in Schedule 0 how this was done 1 26 13 Did the organization have a written whistleblower policy? 13 14 Did the organization have a written document retention and destruction policy? 14 15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director. or top management official 15a Other officers or key employees of the organization 15b If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? 163 If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? 16b Section C. Disclosure 17 List the states with which a copy of this Form 990 is required to be ?led IL 18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 only) available for public inspection. Indicate how you made these available. Check all that apply. Own website 1: Another's website Upon request Other (explain in Schedule 0) 19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. 20 State the name, address, and telephone number of the person who possesses the organization's books and recordsz> VIRGINIA DESANTO 300 E. UNIVERSITY DRIVE TEMPE, AZ 85281 480-965-1791 JSA Form 990 (2014) 4E1 042 ?l 000 5887BC 700W 0179143.00004 PAGE 7 an1990t2014} Part VII Independent Contractors ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and 86-6051042 Page 7 Check if Schedule 0 contains a response or note to any line in this Part VII Section A. organization's tax year. Officers, Directors, Trustees, Key Employees, and?ghest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the 0 List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. 0 List all of the organization's current key employees, if any. See instructions for definition of "key employee." 0 List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 andlor Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. 0 List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. 0 List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. [1 Check this box if neither the organization nor any related organization compensated any current officer. director, or trustee. (C) (A) (B) Posmon (D) (E) (F) Name and Title Average (do n?t Cheek more than one Reportable Reportable Estimated hours per box. unless person is both an compensation compensation from amount of week (list any of?cer and a director/trustee) from related other hours for 5 3 I the organizations compensation related g; 12: 13% organization non] the organizations 3 -. 3 ,4 9, organization belowdotted 552 3 .3- 3 and related line) a 3 ?53 organizations a 8 CHAIR 0 0 VICE CHAIR 0 0 0 DIRECTOR 3.00 0 DIRECTOR 0 0 DIRECTOR 0 0 0 DIRECTOR 0 0 0 1:99_ DIRECTOR 0 DIRECTOR 0 0 DIRECTOR 0 0 0 DIRECTOR 0 0 DIRECTOR 1.00 0 0 DIRECTOR 0 0 0 DIRECTOR 0 0 DIRECTOR 0 0 JSA 4E10411000 5887BC 700W 0179143. 00004 Form 990 (2014) PAGE 8 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2014} page 8 Section A. Of?cers, Directors, Trustees, Ke Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Position Reportable Reportable Estimated hours per (d0 not Cheek more than one compensation compensation from amount of week (list any box. unless person is both an from related other hours for of?cer and a directorltiustee) the organizations compensation relates! ?g 3 3 if 32?? 3? organization "0n organlzatlons a. a a organization below dotted 9.. E, 5' 13 a: and related line) 9* I a 8 organizations 1.51.9113! 1 DIRECTOR 0 0 0 0 16) KENNETH VAN WINKLE 1 . 00 0 0 0 1.7.). 1 . 0 0 DIRECTOR 0 0 0 0 DIRECTOR DIRECTOR PRESIDENT END CEO 3 Tono 377, 893. 0 113, 120. 21119911 1 - 0 0 DIRECTOR 0 0 0 0 2.2.). 35.391.111.11 5 .0. 9.0. VP, CFO, SECRETARY TREASURER 5.00 223,227. 0 27,285. 23) DANIEL SAFTIG 40.00 '6 ?De?ife'L'o'pEE?ixi'24) JOSHUA FRIEDMAN 40.GRETOREN 4 0 . 0#0 VICE PRESIDENT 0? 234 319. 0 19, 839. 1'3 Sub-total . 0 0 0 Total from continuation sheets to Part VII, Section dTotalladdlines1band1c} 2,175,546. 0 286,461. 2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 39 Yes No 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? lf ?Yes,"complele Schedule for such individual . . 3 4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? if "Yes,? complete Schedule for such individual 4 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes,"oomplere Schedule for such person 5 Section B. Independent Contractors 1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax yean (A) (B) (C) Name and business address Description of services Compensation ATTACHMENT 1 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization 4E1055 1 000 5887BC 700W 33 0179143. 00004 Form 999 (2014) PAGE 9 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2014) Page 8 Part VII Section A. Of?cers, Directors, Trustees. Ke Employees. and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Position Reportable Reportable Estimated hours per (do nol check more than one compensation compensation from amount of week ("51 any box. unless person is both an from related other hours for of?cer and a directorltrustee) the organizations compensation related ii a 3 organization "0'11 the organizations a E- 8 n) 5 a organization below dotted '5 and related line) 91 a 8 organizations MANAGING DIRECTOR - AZTE 2.00 521,029. 0 34,267. 2.7. EXECUTIVE DIRECTOR - AZTE 280,198. 0 33,449. ?3 Sub-total . . . . Total from continuation sheets to Part VII, SectionA Total [add lines Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 3 9 Yes No 3 Did the organization list any former officer. director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes, complete Schedule for such individual 3 4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If rYes,? complete Schedule for such individual 4 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes,?complele Schedule for such person Section B. Independent Contractors 1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax yeah (A) (B) Name and business address Description of services (C) Compensation 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization Form 990 (2014) PAGE 10 JSA 4E10551 000 5887BC 700W 0179143.00004 me9m39m4} ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 PmaQ Statement of Revenue Check if Schedule 0 contains a response or note to anyI line in this Part . . . . . . .El M) (m w) (m Total revenue Unrelated Revenue exempt busness exduded ?omtax function revenue under sections revenue 512?514 ?2 *3 1a Federated campaigns 1a a: 5 Membership dues 1b Fundraising events 113 '15 2 Related organizations . 1d 391?: 4 gU-Ei Government grants (contributions). . 19 3% All other conlributions. gi?s. grants. '5 5 and similar amounts not included above 1? Eat-11431: 915? Noncash contributions included in lines 1a-1f: 1 149: 925- Total?dd lines1a-?108.590.3534. 3 Business Code 2a PROGRAM SUPPORT 2,377,799. 2,377,799. :5 BRICKYARD RENTAL 3313:: 2,918,224. 2,818.234. 3' All other program service revenue Total. Add lines 2a-2f 5.196.033. 3 investment income (including dividends, interest, andothersimilaramounts9.681.845- 306,903- 9.374.942; 4 Income from investment of tax-exempt bond proceeds . 0 5 Royalties theal {leasona 6a Gross rents i. ace, use. Less rentalexpenses . Rental income or (loss) mac's. 056- Net rental income or (loss) I.405.056. 7a Gross amount from sales of securities (Ii) Other assets otherthaninventory Less: cost or other basis and sa es expenses Gah1or?oss) 37.590.747. ?236,903. Netgainor(loss37,353,844. 37,353,844. 3 8a GKBsincome 5 events (not including 5 of contributions reported on line 1c) ?5 See Part IV, line 18 a jg Less:dkectexpenses 5 Net income or (loss) from fundraising eventsGmBsincome ?om gan?ng achW?es See Part IV, line 19 a Less:dkectexpenses Net income or (loss) from gaming activities. 10a Gross sales of inventory, less re?unsandanowances a Less costofgoodssom Net income or [loss] from sales of inventory. 0 Miscellaneous Revenue Business Code 11a ASSET MANAGEMENT FEES accuse 1,531,955. 1.531.755. MISCELLANEOUS averse 1,074,990. 1,074,980, All other revenue Total. Add lines 11a-11d i 7.. 606.235. 12 Total revenue. Seeinstructions II- iaamnnm. 7,802.268. magma. JSA Form 990 (2014) 4E10511000 5887BC 700W 0179143. 00004 PAGE 1 I Form 990 (2014, ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). 86-6051042 Page?) Check if Schedule 0 contains a response or note to any line in this Part IX - - 5553555 assists: 1 Grants and other assistance to domestic organizations 72:2861298- 72,286,298. 2 Grants and other assistance to domestic individuals. See Part IV, line 22 0 3 Grants and other assistance to foreign organizations. foreign governments, and foreign individuals. See Part IV, lines 15 and 16 0 Benefits paid to or for members 0 Compensation of current officers. directors, trustees,andkeyemp oyees 339,886. 148,778. 117,032. 74,076. 6 Compensation not included above, to disquali?ed persons (as de?ned under section 4958(f)(1)) and persons described in section 4958(c)(3)(Othersalariesandwages 6,871,766. 1,364,771. 2,197,603. 3,309,392. 8 Pension plan accruals and contributions (include 380, 249+ 73: 755 - 111i 596- 194: 898 - 9 1:036r609- 2144506- 3004824- 5211279- 10 Payrolltaxes 469,802. 86,958. 139,395. 243,449. 11 Fees for services (non-employees): aManagement 37,200. 24,800. 12,400. bLegal 3,327,641. 3,257,185. 59,690. 10,766. cAccounting 140,096. 41,504. 98,592. dLobbyinQ 249,780. 249,780. Professional fundraising services. See Part IV, line 17_ flnvestmentmanagementfees 3:273:870- 2:791:349- 482:521- 9 Other. (If line 119 amount exceeds 10% of line 25. column 3?234'499' 2?487?847' 527'661' 218'991' 12 Advertisingandpromotion 235,017- 35:739- 19,724. 1530:554- 13 Officeexpenses 2,448,293. 1,830,300. 344,935. 273,058. 14 Informationtechnology 362,233. 27.318. 3134722- 21:193- 15 Royalties 0 16 Occupancy 366,966. 266,299. 100,667. 17 Travel 1,426,625. 1,212,649. 50,568. 163,408. 18 Payments of travel or entertainment expenses for any federal, state, or local public officials 0 19 . 193,834- 84,809- 46:775- 62,250- 20 Interest 1,591,775. 1,061,183. 530,592. 21 Payments to affiliates 0 22 Depreciation, depletion. and amortization Insurance 214,042. 108,814. 105,212. 16. 24 Other expenses ltemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24a amount exceeds 10% of line 25. column (A) amount. list line 24e expenses on Schedule 0) 3,301,086. 2,871,266. 51,335. 378,485. magma 351124; 14242411555 566,224. 275,437. 117,514- 173,273. 42,317 . 42,317 . an All otherexpenses 99:399- 66:405- 32:994- 25 Total functional expenses. Add lines 1 through 2443 105,293,431. 92,767,653- 6,117,372- 6, 408, 406. 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campai and fundraising solicitation. Check here if following SOP 98?2 (ASC 958?720) 0 4E1052 1 000 5887BC 700W 0179143. 00004 Form 990 (2014) PAGE 12 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Form 990 {20143 Page 11 Balance Sheet Check if Schedule 0 contains a response or note to any line in this Part I I (A) (B) Beginning of year End of year 1 Cash - non-interest?bearing 6, 801Savings and temporary cash investments 2 021Pledges and grants receivable, net 105,523,509- 3 112:160.376- 4 Accounts receivable, net 1,713,774. 4 2,637,173. 5 Loans and other receivables from current and former officers. directors, trustees. key employees, and highest compensated employees. Complete Part ll of Schedule 0 5 0 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary u: organizations (see instructions). Complete Part II of Schedule 6 0 7 Notes and loans receivable, net 7 0 2 8 Inventories for sale or use 0 8 0 9 Prepaid expenses and deferred charges 9 0 10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule 10a 75 311 998 - Less: accumulated depreciation 10b 11,876,475. 59,743,488. 10c 63,435,523. 11 Investments - publicly traded securities 395 006, 355. 11 340, 250, 947 . 12 Investments-other securities. See Part IV. line11 31812161858- 12 394,853,176- 13 investments - program-related. See Part lV. line 11 13 0 14 Intangible assets 14 0 15 Otherassets.SeePartIV,line11 51,053,795. 15 65,981,340. 16 Total assets. Add lines1 through 15(must equalline 34) 940.081. 141- 16 994: 921.475- 17 Accounts payable and accrued expenses 4, 869, 213. 17 8, 295. 826. 18 Grants Payable 0 18 0 19 Deferred revenue 19 0 20 Tax-exempt bond liabilities 61,470, 000? 20 92,860,000- 3 21 Escrow or custodial account liability. Complete Part IV of Schedule 130, 503; 305 . 21 132, 665: 676 - 22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part ll of Schedule 0 22 0 23 Secured mortgages and notes payable to unrelated third parties 11, 820 000 . 23 12, 830: 000 - 24 Unsecured notes and loans payable to unrelated third parties 24 0 25 Other liabilities (including federal income tax. payables to related third parties, and other liabilities not included on lines 17-24). Complete Part ofScheduleD 19:226r778- 25 11.753.113- 26 Total liabilities. Add lines 17through 25 227,889,296. 26 258, 404,615. Organizations that follow SFAS 117 (ASC 958), check here IL) and 3 complete lines 27 through 29. and lines 33 and 34. 27 Unrestricted netassets 36,515,784. 27 32,987,954. 3 28 Temporarily restricted netassets 277,821,438. 28 286,794,369. 29 Permanently restricted net assets 397, 854 623. 29 416, 734, 537. .3 Organizations that do not follow SFAS 117 (A36 958), check here and 5 complete lines 30 through 34. .3 30 Capital stock or trust principal, or current funds 30 3 31 Paid-in or capital surplus, or land. building, or equipment fund 31 f. 32 Retained earnings, endowment, accumulated income, or other funds . . . 32 2 33 Total net assets orfundbalances 712,191,845. 33 736,516,860. 34 Total liabilities and net assets/fund balances 940, 08 1, 141 . 34 994, 921, 475 . Form 990 (2014) JSA 4E1053 ?l 000 5887BC 700W 0179143.00004 PAGE 13 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2014} Page 12 Reconciliation of Net Assets Check if Schedule 0 contains a response or note to any line in this Part XI 1 Total revenue (must equal Part column (A), line 12) 1 164 833: 367 . 2 Total expenses (must equal Part IX, column (A), line 25) 2 105 293, 431 . 3 Revenue less expenses. Subtract line 2 from line 1 3 59; 539. 936- 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column 4 712, 191. 845- 5 Net unrealized gains (losses) on investments 5 ?33 233, 364 . 6 Donated services and use of facilities 6 -184 I 578 - 7 Investment eXpenses 7 0 8 Prior period adjustments 8 0 9 Other changes in net assets or fund balances (explain in Schedule Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33.0mumnIB? 10 736,516,860. Financial Statements and Reporting Check if Schedule 0 contains a response or note to any line in this Part XII Yes No 1 Accounting method used to prepare the Form 990: El Cash Accrual Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule 0. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? 2a If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis. consolidated basis, or both: Separate basis Consolidated basis El Both consolidated and separate basis Were the organization's financial statements audited by an independent accountant? 2b If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both: Separate basis IE Consolidated basis Both consolidated and separate basis If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? 2? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-1 33? 38 If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits. explain why in Schedule 0 and describe any steps taken to undergo such audits. 3b JSA 4E10541000 5887BC 700W 0179143.00004 Form 990 (2014) PAGE 1 4 SCHEDULEA Public Charity Status and Public Support OMB No 1545-0047 (Form 990 or Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Department of the Treasury Attach to Form 990 or Form 990-EZ. . Open to Public Internal Revenue Service >Information about Schedule A (Form 990 or 990-EZ) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 Reason for Public Charity Status (All organizations must complete this part.) See instructions. The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.) 1 A church, convention of churches, or association of churches described in section A school described in section (Attach Schedule E.) A hospital or a cooperative hospital service organization described in section A medical research organization operated in conjunction with a hospital described in section Enter the hospital's name, city, and state: An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section (Complete Part II.) a A federal, state, or local government or governmental unit described in section An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section (Complete Part II.) 01 th 8 A community trust described in section (Complete Part II.) 9 An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part 10 An organization organized and operated exclusively to test for public safety. See section 509(a)(4). 11 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) orsection 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 1 1e, 11f, and 119. a Type I. A supporting organization operated. supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part Iv, Sections A and B. Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C. Type functionally integrated. A supporting organization operated in connection with, and functionally integrated with. its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E. Type non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V. Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type functionally integrated, or Type non-functionally integrated supporting organization. Enter the number of supported organizations 9 Provide the following information about the supported organization(s). Name of supported organization (ii) EIN Type of organization (iv) Is the organization Amount of monetary (vi) Amount of (described on lines 1-9 listed in your governing support (see other support (see above or IRC section document? instructions) instructions) (see instructions? Yes No (A) (B) (C) (D) (E) Total For Paperwork Reduction Act Notice, see the Instructions for Schedule A (Form 990 or 990-EZ) 2014 SA Form 990 or 990-EZ. 700w 0179143.00004 PAGE 15 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule A {Form 990 or QQU-EZ) 2014 Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part If the organization fails to qualify under the tests listed below, please complete Part 86-6051042 Page 2 Section A. Public Support Calendar year (or fiscal year beginning in) 2010 2011 2012 2013 2014 in Total 1 Gifts, grants, contributions, and membership fees received. (Do not includeany "unusual grants 54,069,576. 92,735,312. 82:217rg98. 59,971.707, 108,590,354. 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf E- 3 The value of services or facilities furnished by a governmental unit to the organization without charge Total. Add lines 1 through 3 54,069,576. 92,735,382. 82,237,898. 59,971,201 108, 590,354. 397,604,417. 5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column Jii. Hitl- 51,11, 6 Public support. Subtract line 5 from Iine4 14-5, 00?, 59:1. Section B. Total Support Calendar year (or fiscal year beginning in) 2010 2011 2012 (cl) 2013 2014 it} Total 7 Amounts from ine4 54,069,576. 92,735,382. 82,237,898. 59,971,207. 108,590,354. 397,604,417. 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources 9,125,862. 15,861,681. 12,309,729. 19.547.137. 11.096.901. 9 Net income from unrelated business activities, whether or not the business is regularly carried on 10 Other income Do not include gain or loss from the sale of capital assets (Explain in Part VI.) 11 Total support. Add lines 7 through 10 . . 12 Gross receipts from related activities, etc. (see instructions) 12 I i i . ?Tit. 0'14 . 13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here Section C. Computation of Public Support Percentage 14 Public support percentage for 2014 (line 6, column divided by line 11, column 14 75- 63 5'11: 15 Public support percentage from 2013 Schedule A, Part II, line 14 15 65 - 40 16a 331.13% support test - 2014. If the organization did not check the box on line 13, and line 14 is 331/3 or more, check this box and stop here. The organization qualifies as a publicly supported organization 313% support test - 2013. If the organization did not check a box on line 13 or 16a, and line 15 is 331/3 or more, check this box and stop here. The organization qualifies as a publicly supported organization :1 17a 10%-facts-and-circumstances test - 2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization 1:1 10%-facts-and-circumstances test - 2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization 18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions 1: Schedule A (Form 990 or 990-EZ) 2014 JSA 4E1220 2 000 5887BC 700W 0179143.00004 PAGE 1 6 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990.52) 2014 Page 3 Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in) 2010 2011 (C) 2012 ((1)2013 2014 if) Total 1 Gifts, grants, contributions. and membership fees received (Do not include any "unusual grants") 2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization?s tax?exempt purpose 3 Gross receipts from activities that are not an unrelated trade or business under section 513 . 4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf 5 The value of services or facilities furnished by a governmental unit to the organization without charge 6 Total. Add lines 1 through 5 7a Amounts included on lines 1, 2, and 3 received from disqualified persons . . . . Amounts included on lines 2 and 3 received from other than disquali?ed persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year Add lines 7a and 7b 8 Public support (Subtract line 7c from line Section B. Total Calendar year (or fiscal year beginning in) 2010 2011 2012 ((1)2013 2014 if} Total 9 Amounts from line 6 10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 Add lines 10a and 10b 11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on 12 Other income Do not include gain or loss from the sale of capital assets (Explain in Part VI) 13 Total support. (Add lines 9, 100, 11, and 12.) 14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here Section C. Computation of Public Support Percentage 15 Public support percentage for 2014 (line 8, column divided by line 13, column 15 16 Public support percentage from 2013 Schedule A, Part line 15 16 Section D. Computation of Investment Income Percentage 17 Investment income percentage for 2014 (line 10c, column divided by line 13, column 17 18 Investment income percentage from 2013 Schedule A, Part line 17 18 19a 33113% support tests - 2014. If the organization did not check the box on line 14, and line 15 is more than 331/3 and line 17 is not more than 331l3 check this box and stop here. The organization qualifies as a publicly supported organization El 33113% support tests - 2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 331/3 and line 18 is not more than check this box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions JSA 4912212000 58 87BC 700W Schedule A (Form 990 or 990-EZ) 2014 0179143 .00004 PAGE 1 7 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Schedule A [Form 990 or 990-EZ) 2014 Page 4 Supporting Organizations (Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D. and complete Part V.) Section A. All Supporting Organizations Yes No 1 Are all of the organization's supported organizations listed by name In the organization?s governing documents? if describe in Part VI how the supported organizations are designated. if designated by class or purpose, describe the designation. lfhistoric and continuing relationship, explain. 1 2 Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)( 1) or If "Yes," explain in Part Vi how the organization determined that the supported organization was described in section 509(a)( 1) or (2). 2 3a Did the organization have a supported organization described in section 501(c)(4), (5), or lf"Yes," answer and (0) below. 3a Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part Vi when and how the organization made the determination 3b Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2) (B) purposes? if "Yes," explain in Part Vi what controls the organization put in place to ensure such use. 36 43 Was any supported organization not organized in the United States ("foreign supported organization")? if "Yes" and if you checked He or 11b in Part I, answer and (0) below. 4a Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If "Yes," describe in Part Vi how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations. 4b Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or it "Yes," explain in Part Vi what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes. 4c 5a Did the organization add, substitute, or remove any supported organizations during the tax year? lf "Yes," answer and (0) below (if applicable). Also, provide detail in Part Vi, including the names and EN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, the authority under the organization?s organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document). 5a Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document? 5b 0 Substitutions only. Was the substitution the result of an event beyond the organization's control? 5?3 6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than its supported organizations: individuals that are part of the charitable class benefited by one or more of its supported organizations; or other supporting organizations that also support or benefit one or more of the filing organization's supported organizations? if "Yes," provide detail in Part Vi. 5 7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? if "Yes," complete Part of Schedule (Form 990). 7 8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? it "Yes," complete Part of Schedule (Form 990). 8 9a Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or lf"Yes," provide detail in Part Vi. Ba Did one or more disqualified persons (as defined in line hold a controlling interest in any entity in which the supporting organization had an interest? lf"Yes," provide detail in Part Vi. 9b Did a disqualified person (as defined in line have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? lf"Yes," provide detail in Part Ill. 9c 10a Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type non-functionally integrated supporting organizations)? lf "Yes," answer below. 10a Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings.) 10b JSA Schedule A (Form 990 or 990-EZ) 2014 4E12292000 5887BC 700W 0179143.00004 PAGE 18 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Schedule A {Form 990 or eso?Ez} 2014 Page 5 Part IV Supporting Organizations (continued) Yes No 11 Has the organization accepted a gift or contribution from any of the following persons? a A person who directly or indirectly controls, either alone or together with persons described in and below. the governing body of a supported organization? 1 1a A family member of a person described in above? 11 A 35% controlled entity of a person described in is] or above? it ?Yes" to a, b, or c, provide detail in Part VI. 11 Section B. Type 1 Supporting Organizations Yes No 1 Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization's directors or trustees at all times during the tax year? if "No, describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization?s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year. 1 2 Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If "Yes, explain in Part Vl how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised, or controlled the supporting organization. 2 Section C. Type II Supporting Organizations Yes No 1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees of each of the organization's supported organization(s)? it describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s). 1 Section D. All Type Supporting Organizations Yes No 1 Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization's tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization's governing documents in effect on the date of notification, to the extent not previously provided? 1 2 Were any of the organization's officers, directors, or trustees either appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If explain in Part Vlhow the organization maintained a close and continuous working relationship with the supported organization(s). 2 3 By reason of the relationship described in (2), did the organization's supported organizations have a significant voice in the organization's investment policies and in directing the use of the organization's income or assets at all times during the tax year? if ?Yes," describe in Part the role the organization?s supported organizations played in this regard. 3 Section E. Type Functionally-Integrated Supporting Organizations 1 Check the box next to the method that the organization used to satisfy the integral Part Test during the year (see instructions): a The organization satisfied the Activities Test. Complete line 2 below. The organization is the parent of each of its supported organizations. Complete line 3 below. The organization supported a governmental entity Describe in Part Vi how you supported a government entity (see instructions). Yes No 2 Activities Test. Answer and below. a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? if "Yes, then in Part Vlidentr'fy those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities. 2a Did the activities described in constitute activities that, but for the organization's involvement, one or more of the organization's supported organization(s) would have been engaged in? if "Yes, explain in reasons for the organization '3 position that its supported organization(s) would have engaged in these activities but for the organization's involvement. 2b 3 Parent of Supported Organizations. Answer(a) and below. a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI. 3a Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each of its supported organizations? if "Yes. describe in Part the role played by the organization in this regard. 3b JSA Schedule A (Form 990 or 990-EZ) 2014 4E1230 2 000 5887BC 700W 0179143.00004 PAGE 19 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A [Form 990 or 2014 Page 6 Type Non-Functionally Integrated 5?9ialt3l Supporting Organizations 1 Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type non-functionally integrated supporting organizations must complete Sections A through E. Section A - Adjusted Net Income (A) Prior Year (B) Current Year {opuonau 1 Net short-term capital gain 1 2 Recoveries of prior-year distributions 2 3 Other gross income (see instructions) 3 4 Add lines 1 through 3 4 5 Depreciation and depletion 5 6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions} 5 7 Other expenses {see instructions} 7 8 Adjusted Net Income (subtract lines 5. 6 and 7 from line 4) 8 Section - Minimum Asset Amount (A) Prior Year (B) Current Year (ophonan 1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year}: a Average value of securities 1a Average cash balances 1b Fair market value of other non-exempt-use assets 1c Total (add lines 1a, 1b. and 1c) 1d Discount claimed for blockage or other factors (explain in detail in Part 2 Acquisition indebtedness applicable to non-exempl~use assets 2 3 Subtract line 2 from line 1d 3 4 Cash deemed held for exempt use. Enter 1-1l2% of line 3 (for greater amount, see instructions}. 4 5 Net value of non-exempt-use assets {subtract line 4 from line 3) 5 6 Multiply line 5 by .035 6 7 Recoveries of prior-year distributions 7 8 Minimum Asset Amount (add line 7 to line 6} 8 Section - Distributable Amount Current Year 1 Adjusted net income for prior year {from Section A. line 3. Column A) 1 2 Enter 85% of linel 2 3 Minimum asset amount for prior year [from Section B. line 8. Column A) 3 4 Enter greater of line 2 or line 3 4 5 Income tax imposed in prior year 5 6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction {see instructions} 6 7 l_l Check here if the current year is the organization's first as a non?functionally-integrated Type supporting organization (see instructions). Schedule A (Form 990 or 990-EZ) 2014 JSA 4E12312000 5887BC 700W 0179143.00004 PAGE 20 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A {Form 990 2014 Page 7 Type Ill Non-Functionally Integrated 509(3113) Supporting Organizations (continued) Section - Distributions Current Year 1 Amounts paid to supported organizations to accomplish exempt purposes 2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity Administrative expenses paid to accomplish exempt purposes of supported organizations Amounts paid to acquire exemptruse assets Qualified set-aside amounts (prior IRS approval required) Other distributions (describe in Part VI). See instructions. Total annual distributions. Add lines 1 through 6. Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions. Distributable amount for 2014 from Section C. line 6 10 Line 8 amount divided by Line 9 amount @Nmth ?0 (ii) Underdistributions Distributable . . . . . . I Section - Distribution Allocations (see instructions) . . . Excess Distributions Pre-2014 Amount for 2014 1 Distributable amount for 2014 from Section C. line 6 2 Underdistributions, if any, for years prior to 2014 (reasonable cause required-see instructions) Excess distributions carryover. if any. to 2014: From 2013 Total of lines 3a through Applied to underdistributions of prior years Applied to 2014 distributable amount Carryover from 2009 not applied {see instructions) Remainder. Subtract lines 39. 3h. and 3i from St. Distributions for 2014 from Section D, line 7: a; a Applied to underdistributions of prior years Applied to 2014 distributable amount Remainder. Subtract lines 4a and 4b from 4. 5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 39 and 4a from line 2 (if amount greater than zero. see instructions). 6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero. see instructions). 7 Excess distributions carryover to 2015. Add lines 3j and 4c. 8 Breakdown of line 7: -b Excess from 2013 Excess from 2014 Schedule A (Form 990 or 990-EZ) 2014 JSA 4E12323000 5887BC 700W 0179143.00004 PAGE 21 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or gnu-E2; 2014 Page 8 Part VI Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part line 12. Also complete this part for any additional information. (See instructions). JSA Schedule A (Form 990 or 990-EZ) 2014 4E12253000 5887BC 700W Ol79143.00004 PAGE 22 SChedu'e '3 Schedule of Contributors ?01545-0047 (Form 990, 990-52, 0' 9904?? Attach to Form 990, Form 990-Ez, or Form 990-PF. 2?14 Department of the Treasury . . . . . Internal Revenue Service Information about Schedule (Form 990, 990-EZ, or 990-PF) and Its instructions Is at Name of the organization Employer identi?cation number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86?6051042 Organization type (check one): Filers of: Section: Form 990 or 990-EZ 501(c)( 3 (enter number) organization 4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 political organization Form 501(c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 501 taxable private foundation Check if your organization is covered by the General Rule or a Special Rule. Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions. General Rule For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year. contributions totaling $5,000 or more (in money or property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions. Special Rules For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3 support test of the regulations under sections 509(a)(1) and that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b. and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on Form 990. Part line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II. For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the year, total contributions of more than $1,000 exclusively for religious, charitable, scienti?c, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and I: For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or that received from any one contributor, during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc, purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule (Form 990, 990-EZ, or 990-PF), but it must answer "No" on Part IV, line 2, of its Form 990; or check the box on line of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule (Form 990, 990-EZ, or 990-PF). For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-EZ, or 990-PF. Schedule (Form 990, 990-EZ, or 990-PF) (2014) JSA 4E125?l 2 000 5887BC 700W 0179143.00004 PAGE 23 Schedule (Form 990, 990-EZ. 0r 990-PF) (2014) Page 2 Name of organization AMERICAN UNIVERSITY ARIZONR STATE UNIVERSITY FOUNDATION FOR A NEW ployer identi?cation number 86-6051042 Contributors (see instructions). Use duplicate copies of Part I if additional space is needed. HO) (C) No. Name, address, and ZIP 4 Total contributions Type of contribution _l Person Payroll Noncash (Complete Part II for noncash contributions.) (C) No. Name, address, and ZIP 4 Total contributions Ty pa of contribution 2 Person Payroll Noncash (Complete Part II for noncash contributions.) (8) No. Name, address, and ZIP 4 Total contributions Type of contribution 2? Person Payroll Noncash (Complete Part II for noncash contributions.) (8) (6) No. Name, address, and ZIP 4 Total contributions Type of contribution fl Person Payroll Noncash (Complete Part II for noncash contributions.) (3) (C) No. Name. address, and ZIP 4 Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions lb) (0) No. Name, address, and ZIP 4 Total contributions Type of contribution ?5 Person Payroll Noncash (Complete Part II for noncash contributions) JSA Schedule (Form 990. sso-Ez, or 990-PF) (2014) 4E12531000 5887BC 700W 0179143.00004 PAGE 2 4 Schedule (Form 990. 990-EZ. or 990-PF) (2014) Pmez Name of organization ARIZONA UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Employer identification number 86-6051042 Contributors (see instructions). Use duplicate copies of Part I if additional space is needed. (bl (C) No. Name. address, and ZIP 4 Total contributions Type of contribution I I Person Pay roll Noncash (Complete Part II for noncash contributions.) la) (C) No. Name, address, and ZIP 4 Total contributions Type of contribution I Person Payroll Noncash (Complete Part II for noncash contributions.) (3) (6) Id) No. Name, address, and ZIP 4 Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) (6) (dl No. Name, address, and ZIP 4 Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) (8) (bl (C) No. Name, address. and ZIP 4 Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions) (bl (C) No. Name, address, and ZIP 4 Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) JSA 4E 1 253 000 5887BC 700W Schedule (Form 990, 990-EZ, or 990-PF) (2014) 0179143.00004 PAGE 25 Schedule (Farm 990, QBO-EZ. or Bail-P?) {2014} Name at organization AMERICAN UNIVERSITY ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 3 Employer Identi?cation number 86-6051042 Noncash Property (see instructions). Use duplicate copies of Part II if additional space is neededFMV (or estimate) Part I escrip ion 0 noncas prope given (see instructions) a receive No. from . t' rt FMV (or estimate) Part I escrip ion 0 noncas prope given (see instructions) a receive No. . rom . t' rt FMV (or estimate) Partl escrip ion 0 noncas prope given (see instructions) a receive NoFMV (or estimate) Part escrip ion 0 noncas prope given (see instructions) a receive No. (C) from FMV (or estimate) Description of noncash property given Date received Part I (see instructionsFMV (or estimate) Part I escrip ion 0 noncas prope given (see instructions) a receive JSA 4E 1 254 1 000 5887BC 700W Schedule (Form 990, 990-EZ, or 990-PF) (2014) 0179143. 00004 PAGE 2 6 Schedule {Form 990. BEEF-E2. or QED-PF) {2014) Name Of organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSI TY Page 4 Em ployer identification num ber 86-6051042 Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns through and the following line entry. For organizations completing Part enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Use duplicate copies of Part if additional space is needed. tail No. from Part Purpose of gift to) Use of gift Description of how gift is held No. from Pa rt No. from Part No. from Part Transfer of gift Relationship of transferor to transferee JSA 4E 1 255 1 000 5887BC 700W Schedule (Form 990, 990-EZ, or 990-PF) (2014) Ol79143.00004 PAGE 27 SCHEDULE Political Campaign and Lobbying Activities 0MB No.1545?0047 (Form 990 or 990-EZ) For Organizations Exempt From Income Tax Under section 501(0) and section 527 Complete if the organization is described below. Attach to Form 990 or Form 990-EZ. Department of the Treasury . . . . . . Internal Revenue Service Information about Schedule (Form 990 or 990-EZ) and Its instructions is at If the organization answered "Yes," to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then 0 Section 501(c)(3) organizations: Complete Parts I-A and Do not complete Part l?C 0 Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts l-A and below. Do not complete Part I-B a Section 527 organizations: Complete Part I-A only. If the organization answered "Yes," to Form 990, Part IV, line 4. or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then 0 Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A Do not complete Part 0 Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part Do not complete Part II-A If the organization answered "Yes," to Form 990, Part IV, line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then 0 Section 501(c)(4), (5), or (6) organizations: Complete Part Name of organizationARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 Complete if the organization is exempt under section 501(c} or is a section 527 organization. Open to Public Inspection 1 Provide a description of the organization?s direct and indirect political campaign activities in Part IV. 2 Political excenditures 3 Volunteer hours Complete if the organization is exempt under section 501(c)(3). 1 Enter the amount of any excise tax incurred by the organization under section 4955 2 Enter the amount of any excise tax incurred by organization managers under section 4955 3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? Yes No 4a Was a correction made? Yes No If "Yes." describe in Part IV. Complete if the organization is exempt under section 501(c), except section 501(c)(3). 1 Enter the amount directly expended by the filing organization for section 527 exempt function activities 2 Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities 3 Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b 4 Did the filing organization file Form 1120-POL for this year? Yes No 5 Enter the names. addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of political contributions received that were and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed. provide information in Part IV. Name Address EIN Amount paid from Amount of political filing organization's contributions received and funds If none, enter -0-. and directly delivered to a separate political organization. If none, enter -0- (1) (2) (3) (4) (5) (6) For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990-EZ) 2014 SA 4E12641000 5887BC 700W Ol79l43.00004 PAGE 28 ScheduleC(Form ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Page2 Part Complete if the organization is exempt under section 501(c)(3) and ?led Form 5768 {election under section 501(h)). A Check blil if the filing organization belongs to an affiliated group (and list in Part lV each affiliated group mem ber's ATCH 1 name, address, EIN, expenses, and share of excess lobbying expenditures). Check if the filing organization checked boxA and "limited control" provisions apply. Limits on Lobbying Expenditures Filing Affiliated (The term "expenditures" means amounts paid or incurred.) organization's totals group totals 1a Total lobbying expenditures to influence public opinion (grass roots lobbying) Total lobbying expenditures to influence a legislative body (direct lobbying) 249, 780 . Total lobbying expenditures (add lines 1a and 1b) 249, 78 0. Other exempt purpose expenditures 101 391 615 . Total exempt purpose expenditures (add lines 1c and 1d) 101, 641, 395. Lobbying nontaxable amount. Enter the amount from the following table in both columns. 1,000,000. If the amount on line 1e, column or is: The lobbying nontaxable amount is: Not over $500,000 20% of the amount on line 1e. Over $500000 but not over $1.000.000 $100,000 plus 15% of the excess over $500000. Over $1.000.000 but not over $1.500.000 $175000 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. 9 Grassroots nontaxable amount (enter 25% of line 1f) 250 000 . Subtract line 19 from line 1a. If zero or less, enter -0- 0 0 i Subtract line 1ffrom line 1c. If zero or less, enter-there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax forthis year? Yes No 4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.) Lobbying Expenditures During 4-Year Averaging Period Calendar year (or fiscal year beginning in) 2011 2012 2013 2014 Total 2 . a 1,000,000. 1,000,000. 1,000,000. 1,000,000. 4,000,000. Lobbying ceiling amount {150% of line 2a, column 6, 000 000 . we 345,032. 124,890. 249,780. 249,780. 969,482. 250,000. 250,000. 250,000. 250,000. 1,000,000. Grassroots ceiling amount (150% of line 2d, column 500 000 . Grassroots lobbying expenditures Schedule (Form 990 or 990-EZ) 2014 JSA 4E12651000 5887BC 700W 0179143.00004 PAGE 29 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Form 990 or 2014 Page 3 Part Complete if the organization is exempt under section 501(c)(3) and has NOT ?led Form 5768 (election under section 501(h)). For each "Yes," response to lines 1a through 1i below, provide in Part iV a detailed description of the lobbying activity. Yes No Amount 1 During the year. did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of: VOIunteerS? Paid staff or management (include compensation in expenses reported on lines 10 through Media advertisements? Grants to other organizations for lobbying purposes? Direct contact with legislators, their staffs, government officials, or a legislative body? Rallies, demonstrations, seminars, conventions, speeches. lectures. or any similar means?_ Other aCtiVitieS? Total- Add lines 10 through 1i Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? If "Yes," enter the amount of any tax incurred under section 4912 If "Yes," enter the amount of any tax incurred by organization managers under section 4912 If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501 (CHE). Yes No 1 Were substantially all (90% or more) dues received nondeductible by members? 1 2 Did the organization make only in-house lobbying expenditures of $2,000 or less? 2 3 Did the organization agree to carry over lobbying and political expenditures from the prior year? 3 Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either BOTH Part Ill-A, lines 1 and 2, are answered 0R Part Ill-A, line 3, is answered ?Yes." 1 Dues, assessments and similar amounts from members 1 2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid). a Currentyear 28 CEWOVerfrom'aStYear 2b Total 2c 3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues . . 3 4 If notices were sent and the amount on line 20 exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? 4 Taxable amount of lobbying and political expenditures (see instructions} 5 MSupple-mental Information Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part lines 1 and 2 (see instructions); and Part ll-B, line 1. Also, complete this part for any additional information. SEE PAGE 4 JSA Schedule (Form 990 or 990-EZ) 2014 4E1266 2 000 5887BC 700W Ol79l43.00004 PAGE 30 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule 0 [Form 990 or 990.52; 2014 Page 4 Supplemental Information (continued) INFORMATION REGARDING LOBBYING ACTIVITIES SCHEDULE C, PART II-A: AS A PART OF ITS MISSION, ASU FOUNDATION CONTRIBUTES TO PUBLIC COMMUNICATION AND ADVOCACY ACTIVITIES THAT SUPPORT HIGHER EDUCATION IN ARIZONA AND THE NEED FOR ADEQUATE FUNDING TO PROVIDE EXCELLENT EDUCATIONAL OPPORTUNITIES FOR ARIZONA RESIDENTS. JSA Schedule (Form 990 or 990-EZ) 2014 4E15001 5887BC 700W 0179143.00004 PAGE 31 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Form 990 2014 Page 4 Part IV Supplemental Information (continued) ETACHMENT 1 SCHEDULE C, PART AFFILIATED ORGANIZATIONS ORGANIZATION NAME: AZTE VENTURES, CO. ADDRESS: 1475 SCOTTSDALE RD STE 200 SCOTTSDALE, AZ 85257 EIN: 27-0151042 GRASSROOTS LOBBYING AMOUNT: DIRECT LOBBYING AMOUNT: TOTAL LOBBYING EXPENDITURES: OTHER EXEMPT PURPOSE EXPENDITURES: TOTAL EXEMPT PURPOSE EXPENDITURES: LOBBYING NONTAXABLE AMOUNT: GRASSROOTS NONTAXABLE AMOUNT: TOTAL GRASSROOTS LESS NONTAXABLE AMOUNT: TOTAL EXPENDITURES LESS NONTAXABLE AMOUNT: SHARE OF EXCESS LOBBYING EXPENDITURES: ORGANIZATION NAME: ASU FOUNDATION FOR A NEW AMERICAN UNIV ADDRESS: P.O. BOX 2260 TEMPE, AZ 85280-2260 EIN: 86-6051042 GRASSROOTS LOBBYING AMOUNT: DIRECT LOBBYING AMOUNT: 249,780. TOTAL LOBBYING EXPENDITURES: 249,780. OTHER EXEMPT PURPOSE EXPENDITURES: 101,391,615. TOTAL EXEMPT PURPOSE EXPENDITURES: 101,641,395. LOBBYING NONTAXABLE AMOUNT: 1,000,000. GRASSROOTS NONTAXABLE AMOUNT: 250,000. TOTAL GRASSROOTS LESS NONTAXABLE AMOUNT: TOTAL EXPENDITURES LESS NONTAXABLE AMOUNT: SHARE OF EXCESS LOBBYING EXPENDITURES: JSA Schedule (Form 990 or 990-EZ) 2014 451500 1 000 5887BC 700W 0179143.00004 PAGE 32 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Farm 990 or 2014 Page 4 Part IV Supphmental Information (continued) ATTACHMENT 1 D) SCHEDULE C, PART II-A, AFFILIATED ORGANIZATIONS ORGANIZATION NAME: ASU RESEARCH ENTERPRISE ADDRESS: 300 E. UNIVERSITY DR TEMPE, AZ 85281 EIN: 90-0868685 GRASSROOTS LOBBYING AMOUNT: DIRECT LOBBYING AMOUNT: TOTAL LOBBYING EXPENDITURES: OTHER EXEMPT PURPOSE EXPENDITURES: TOTAL EXEMPT PURPOSE EXPENDITURES: LOBBYING NONTAXABLE AMOUNT: GRASSROOTS NONTAXABLE AMOUNT: TOTAL GRASSROOTS LESS NONTAXABLE AMOUNT: TOTAL EXPENDITURES LESS NONTAXABLE AMOUNT: SHARE OF EXCESS LOBBYING EXPENDITURES: ORGANIZATION NAME: TAYLOR TRUST FBO ASU FOUNDATION ADDRESS: P.O. BOX 2260 TEMPE, AZ 85280-2260 EIN: 86-6252445 GRASSROOTS LOBBYING AMOUNT: DIRECT LOBBYING AMOUNT: TOTAL LOBBYING EXPENDITURES: OTHER EXEMPT PURPOSE EXPENDITURES: TOTAL EXEMPT PURPOSE EXPENDITURES: LOBBYING NONTAXABLE AMOUNT: GRASSROOTS NONTAXABLE AMOUNT: TOTAL GRASSROOTS LESS NONTAXABLE AMOUNT: TOTAL EXPENDITURES LESS NONTAXABLE AMOUNT: SHARE OF EXCESS LOBBYING EXPENDITURES: JSA Schedule (Form 990 or 990-EZ) 2014 4E15001 000 5887BC 700W Ol79143.00004 PAGE 33 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule 0 [Form 990 or 2014 Page. 4 Supplemental Information (continued) KTCEACHMENT 1 (CONT D) SCHEDULE C, PART AFFILIATED ORGANIZATIONS ORGANIZATION NAME: RESEARCH COLLABORATORY AT ASU ADDRESS: P.O. BOX 2260 TEMPE, AZ 85280-2260 EIN: 45-3815674 GRASSROOTS LOBBYING AMOUNT: DIRECT LOBBYING AMOUNT: TOTAL LOBBYING EXPENDITURES: OTHER EXEMPT PURPOSE EXPENDITURES: TOTAL EXEMPT PURPOSE EXPENDITURES: LOBBYING NONTAXABLE AMOUNT: GRASSROOTS NONTAXABLE AMOUNT: TOTAL GRASSROOTS LESS NONTAXABLE AMOUNT: TOTAL EXPENDITURES LESS NONTAXABLE AMOUNT: SHARE OF EXCESS LOBBYING EXPENDITURES: JSA Schedule (Form 990 or 990-EZ) 2014 4E15001 000 5887BC 700W 0179143.00004 PAGE 34 SCHEDULE (Form 990) OMB No. 1545-0047 Supplemental Financial Statements >Complete if the organization answered "Yes" to Form 990, 2(0) 1 4 Part IV, line 6, 7, 8. 9, or 12b. Department of the Treasury AttaCh to Form 990- Open to Public Internal Revenue Service Information about Schedule (Form 990) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86?6051042 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6. Donor advised funds Funds and other accounts Total number at end of year Aggregate value of contributions to (during year) Aggregate value of grants from (during year) . . Aggregate value at end of year Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization's property, subject to the organization?s exclusive legal control? Yes N0 6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? Yes No Part II Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7. 1 Fur ass-(S) of conservation easements held by the organization (check all that apply). Preservation of land for public use recreation or education) Preservation of a historically important land area Protection of natural habitat Preservation of a certified historic structure Preservation of open space 2 Complete lines Za through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year. He? at the End Of the Tax Year a Total number of conservation easements 23 Total acreage restricted by conservation easements 2b Number of conservation easements on a certified historic structure included in 26 Number of conservation easements included in acquired after 8/17/06, and not on a historic structure listed in the National Register 2d 3 Number of conservation easements modified, transferred. released, extinguished. or terminated by the organization during the tax year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? Yes No 6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section and section 170th)(4)(B)(ii)? Yes Cl No 9 In Part describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the or anization's accounting for conservation easements. Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered ?Yes? to Form 990, Part IV, line 8. 1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to re on in its revenue statement and balance sheet works 0 art, historical treasures, or other Similar assets held for public eth ItIon, education, or research In furtherance of public servnce, provnde, in Part the text of the footnote to its finanCIal statements that describes these Items. If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items: Revenue included in Form 990, Part line 1 (ii) Assets Included in Form 990, PartX 2 if the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items: 3 Revenue included in Form 990, Part line 1 Assets included in Form 990, Part For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule (Form 990) 2014 JSA 4E1268 1 000 5887BC 700W 0179143.00004 PAGE 35 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Form 990') 2014 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Using the organization?s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply): a Public exhibition Loan or exchange programs Scholarly research Other Preservation for future generations 4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection? Yes No Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. 1a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part . Yes No If "Yes," explain the arrangement in Part and complete the following table: Amount Beginning balance 1c 1. 368. 590. Additions during the year 1d 20 . 516. Distributions during the year 1e 60 129 . Ending balance 1f 1. 328. 977. 2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? Yes No If "Yes," explain the arrangement in Part Check here if the explanation has been provided in Part Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10. Currentyear Prioryear Two years back Three years back to) Fouryears back 1a Beginning ofyearbalance . 489,045,695. 435,282,924. 394,228,823. 403,582,918. 337,853,340. Contributions 29,576,062. 14,310,742. 13,841,369. 17,233,377. 20,682,854. Net investment earnings, gains, andlosses 5,637,603. 62,628,143. 49,318,255. ?6,355,550. 65,270,036. Grants or scholarships Other expenditures for facilities and programs 16,477,278. 15,643,818. 15,285,635. 13,688,776. 12,769,824. Administrativeexpenses 5,733,227. 7,532,296. 6,819,888. 6,543,146. 7,453,488. 9 Endofyearbalance 502,048,855. 489,045,695. 435,282,924. 394,228,823. 403,582,918. 2 Provide the estimated percentage of the current year end balance (line 19, column held as: a Board designated or quasi-endowment 1 . 68 96 Permanentendowment 74.8073 Temporarily restricted endowment 23.5031 The percentages in lines 2a, 2b. and 20 should equal 100%. 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: Yes No unrelated organizations 3am related organizations If "Yes" to 3a(ii), are the related organizations listed as required on Schedule 3b 4 Describe in Part the intended uses of the organization?s endowment funds. Land, Buildin s, and Egui ment. Complete 1ft organiza ion answered "Yes" to Form 990, Part IV, line 11a. See Form 990, Part X, line 10. Description of property Cost or other basis Cost or other basis to) Accumulated Book value (investment) (other) depreciation 1a Land 10,099,461. 10,099,461. Buildings 40,108,854. 19,516,052. 6,433,979. 53,190,927. Leasehold improvements Equipment 5,587,631. 5,442,496. 145,135. Other Total. Add lines 1a through 1e. (Column must equal Form 990, Part X. column (B). line It- 63, 435 523 . Schedule (Form 990) 2014 .JSA 4E12691000 5887BC 700W 0179143.00004 PAGE 36 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Schedule {Form see} 2014 Page 3 Investments - Other Securities. Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12. Description of security or category Book value Method of valuation: (including name of security) Cost or end-of?year market value (1) Financial derivatives (2) Closely-held equity interests 3) Other 138, 029,289- FMV 31, 799, 227- FMV 97,891,863- FMV 85r 675r 422- FMV CAPITAL 41 404 014 . FMV 53, 361- FMV ?19) Total. {Column (It) must equai Form 990, Pan?X, col. (5) line 12Investments - Program Related. Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13. Description of investment Book value Method of valuation: Cost or end-of-year market value (1) (2) (3) Total. (Column must equaIForm 990, PartX, col. (B) We 13.) Part IX Other Assets. Complete if the organization answered "Yes" to Form 990, Part IV. line 11d. See Form 990, Part X, line 15. Description {In} Book value TRUSTS RECEIVABLE 3, 669, 649. WITH LIMITED USE 28,817,592. HELD UNDER SPLIT-INTERE 7, 019, 938. INV IN DIRECT FINANCING 23, 690, 000. BOND ISSUANCE COST 1, 527, 852. ASSETS 1,256,309. (8) (9) Total. (Column must equal Form 990, Pan?X, col. (BI line 15.) 65, 981 340 . Other Liabilities. Complete if the organization answered "Yes" to Form 990, Part IV, line He or 11f. See Form 990, Part X, line 25. 1. Description of liability Book value (1) Federal income taxes (ZIOBLIGATIONS UNDER AG 3, 455, 953. SWAP LIABILITY 8,297, 160. HI 16) I3) Total. {Cotumn It!) must equal Form 990. PartX, col (B) line 25Liability for uncertain tax positions. In Part provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (A80 740). Check here if the text of the footnote has been provided in Part $1270 1 000 Schedule 0 (Form 990) 2014 5887BC 700W 0179143.00004 PAGE 37 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Form 99m 2014 Page 4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered "Yes" to Form 990, Part IV, line 12a. 1 Total revenue, gains, and other support per audited financial statements 1 147 O87 801 . 2 Amounts included on line 1 but not on Form 990, Part line 12: a Net unrealized gains (losses) on investments 2a -33 233: 363 - Donated services and use of facilities 2b Recoveries of prior year grants 2c Other (Describe in Part 2d 18 7 61 667 . Add lines 2a through 2d 2e -14.471,696. 3 161,559,497. 4 Amounts included on Form 990, Part line 12, but not on line 1: a Investment expenses not included on Form 990, Part line 7b 4a 3, 273 870 - Other (Describe in Part 4b Addlines4aand4b 4c 3,273,870. 5 Total revenue. Add lines 3 and 4c. (THIS must equal Form 990, ?ne 12,! 5 164 833, 367 . Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered "Yes" to Form 990, Part IV, line 12a. 1 Total expenses and losses per audited financial statements 1 121, 58 3 012 . 2 Amounts included on line 1 but not on Form 990, Part IX, line 25: a Donated services and use of facilities 2a 184, 580 . Prior year adjustments 2b Other losses 2c Other 2d Add lines 2a through 121,398,432. 4 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part line 7b 4a 3 273 870 . Other (Describe in Part 4b ?19. 37 8 871 . Add IInes4a and4b 4c ?16,105,001. 5 Total expenses. Add Ii'ne's'3'a'nd 4c (This musteguaI'FOr'm'Q'Q?, 5 105,293,. 431. Part Supplemental Information. Provide the descriptions required for Part II, lines 3, 5, and 9; Part lines Ia and 4; Part IV, lines 1b and 2b; Part V, line 4; Part x, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information. SEE PAGE 5 JSA Schedule (Form 990) 2014 4E1271 1 000 5887BC 700W 0179143.00004 PAGE 38 ScheduIeD(Form990)2014 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Page5 Supplemental Information (continued) ESCROW AND CUSTODIAL ARRANGEMENTS SCHEDULE D, PART IV, LINE lB: ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY IS THE SOLE TRUSTEE OF TAYLOR TRUST FBO ASU FOUNDATION TAYLOR MISSION IS TO ESTABLISH AND MAINTAIN THE FRED E. TAYLOR CHAIRED PROFESSORSHIP IN REAL ESTATE AT THE ARIZONA STATE UNIVERSITY W.P. CAREY SCHOOL OF BUSINESS. SCHEDULE D, PART IV, LINE 2B: ASUF HOLDS ASSETS AS THE TRUSTEE OF A GRANTOR TRUST FOR ASU AND HOLDS ASSETS UNDER AN INVESTMENT AGREEMENT WITH THE ASU ALUMNI ASSOCIATION. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4: ALL ENDOWMENT EXPENDITURES SUPPORT THE EDUCATION, RESEARCH, PUBLIC SERVICE, AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2: TAX POSITIONS RELATED TO THE TAX-EXEMPT STATUS AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED. MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE FOUNDATION WOULD BE UPHELD UNDER EXAMINATION. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015, AND DOES NOT ANTICIPATE A SIGNIFICANT CHANGE FOR THE FOLLOWING TWELVE MONTHS. AS OF JUNE 30, 2015, THE FISCAL YEARS 2011 THROUGH 2014 FOR THE FEDERAL AND 2010 THROUGH 2014 FOR ARIZONA TAX JURISDICTIONS REMAIN Schedule (Form 990) 2014 JSA 4E1226 1 000 5887BC 700W 0179143.00004 PAGE 39 ScheduleDtForm990)2014 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Pages Supplemental Information (confinueg?L OPEN TO EXAMINATION. RECONCILIATION OF REVENUES PER AUDITED FINANCIAL STATEMENTS WITH RETURN SCHEDULE D, PART XI, LINE 2D: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $136,586 CHANGE IN ASSETS DUE OTHER ENTITIES $(1,210,183) BRICKYARD RENTAL EXPENSES $(l,495,654) EXPENSE RECOVERY $19,486,551 REVENUES FROM SEPARATE ENTITIES INCLUDED IN FINANCIALS $1,844,367 TOTAL $18,761,667 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN SCHEDULE D, PART XII, LINE 4B: EXPENSE RECOVERY $(19,486,551) BRICKYARD RENTAL EXPENSES $1,495,654 EXPENSES FROM SEPARATE ENTITIES INCLUDED IN FINANCIALS $(1,387,974) TOTAL $(19,378,871) Schedule (Form 990) 2014 JSA 4E12261000 5887BC 700W Ol79143.00004 PAGE 40 OMB No. 1545-0047 2?14 Open to Public Inspec?on ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identi?cation number AMERICAN UNIVERSITY 86-6051042 General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b. 1 For grantmakers. Does the organization maintain records to substantiate the amount of its grants and other assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? SCHEDULE (Form 990) Statement of Activities Outside the United States Complete if the organization answered "Yes" on Form 990, Part IV, line 14b, 15, or 16. Attach to Form 990. Information about Schedule (Form 990) and its instructions is at Department of the Treasury tutemal Revenue Service Name of the organization I:l Yes No 2 For grantmakers. Describe in Part the organization's procedures for monitoring the use of its grants and other assistance outside the United States. 3 Activities per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.) Region Number of of?ces in the region (0) Number of employees, agents, and Activities conducted in region (by iype) (9 9 . fundraising, program services. (9) If activity listed in is a program serwce, describe speci?c type of Total expenditures for and investments investments. grants to recipients located in the region) independent service(s) in region in region contractors in region INVESTMENTS 1 1:14 it, . INVESTMENTS 5,014,944, EUROPE i3} l?il l5] l5] l7] liil l9) (11} (14} [15l l15l {17} 3a Sub?total Total from continuation sheets to Part Totals (add lines 33 and 3b) For Paperwork Reduction Act Notice, see the instructions for Form 990. JSA 4E12741.000 I53, ?lial. 2h 1. Schedule (Form 990) 2014 0179143.00004 PAGE 41 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule (Form 990) 2014 86-6051042 F3982 Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15. for any recipient who received more than $5.000. Part can be duplicated if additional space is needed. Purpose of grant Amount of cash grant Manner of disbursement cash Method of valuation (book, FMV, appraisal. other) (1) (2i (3) (4) l5} (6) (7) (8) (9) (10) (11] {12} {13} (14) (15) (15] 2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS.orfor which the grantee orcounsel has provided asection 501(c)(3) equivalency letter. . . . 3 Entertotal number of otherorganizations orentitiesJSA 4E1275 1.000 5887BC 700W 9 0179143. 00004 nu.- a Schedule (Form 990) 2014 PAGE 42 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Form 990) 2014 Page 3 Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes? on Form 990, Part IV, line 16. Part can be duplicated if additional space is needed. Manner of Amount of (9) Description (It) Method of Type of grant or assistance Region Number of Amount of cash non-cash of non-cash valuation recipients cash grant disbursement assistance assistance (book. FMV, appraisal. other} l1} l5) l5) l3) {10) {11) {12} (13) (14) (15) (16) {17} {18] Schedule (Form 990) 2014 JSA 4E1276 1.000 5887BC 700W Ol79143.00004 PAGE 43 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule {Form 99m 2014 Part IV Foreign Forms Was the organization a US. transferor of property to a foreign corporation during the tax year? if "Yes, the organization may be required to file Form 926, Return by a US Transferor of Property to a Foreign Corporation (see instructions for Form 926) Did the organization have an interest in a foreign trust during the tax year? if "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual information Return of Foreign Trust With a US. Owner (see instructions for Forms 3520 and do not file with Form 990) Did the organization have an ownership interest in a foreign corporation during the tax year? if "Yes," the organization may be required to file Form 5471, information Return of U. 8. Persons With Respect To Certain Foreign Corporations (see instructions for Form 5471) Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? if ?Yes, the organization may be required to file Form 8621, information Return by a Shareholder of a Passive Foreign investment Company or Qualified Electing Fund (see Instructions for Form 8621) Did the organization have an ownership interest in a foreign partnership during the tax year? if "Yes,? the organization may be required to file Form 8865, Return of US. Persons With Respect To Certain Foreign Partnerships (see instructions for Form 8865) Did the organization have any operations in or related to any boycotting countries during the tax year? if "Yes, the organization may be required to file Form 5713, international Boycott Report (see instructions for Form 5713; do not file with Form 990) 86-6051042 Yes Yes Yes Yes Yes Yes Page 4 ENG .No JSA 4E1277 1 000 5887BC 700W 0179143.00004 Schedule (Form 990) 2014 PAGE 4 4 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Farm 990) 2014 Page 5 Supplemental Information Complete this part to provide the information required by Part l. line 2 (monitoring of funds); Part I. line 3, column (accounting method; amounts of investments vs. expenditures per region): Part ll. line 1 (accounting method); Part (accounting method); and Part ill, column (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions). JSA Schedule (Form 990) 2014 4E15021000 5887BC 700W Ol79l43.00004 PAGE 45 Supplemental Information Regarding Fundraising or Gaming Activities OMB NO- 1545-0047 SCHEDULE Complete if the organization answered "Yes" to Form 990. Part IV, lines 17. 18, or 19I or if the (Form 990 or 990-EZ) organization entered more than $15,000 on Form 990-EZ, line 6a. Department of the Treasury Attach to Form 990 or Form 990-EZ. Open to Public Internal Revenue Service Inform ation about Schedule (Form 990 or 990-EZ) and its instructions is at Inspection Name of the organization ARI ZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identi?cation number AMERICAN UNIVERSITY 86?6051042 Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV. line 17, a Form 990-EZ filers are not required to complete this part. 1 Indicate whether the organization raised funds through an of the following activities. Check all that apply. a Mail solicitations Solicitation of non-governmentgrants Internetand email solicitations Solicitation of government grants Phone solicitations 9 Special fundraising events ln-person solicitations 2a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? Yes No If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be compensated at least $5,000 by the organization. . . Amount paid to . Name and address of individual .. . . ("ll Dtiddfundralsetr we? (iv) Gross receipts (or retained by) 1? or entity (fundraiser) (H) one y'or re 0 from activity fundraiser listed in (or re at?? 3? contnbutlons? col. organization Yes No 1 THE EUDY COMPANY LTD FUNDRAISER 1,765,667. 220,436. 1,545,231. 2 THE HALLISEY GROUP FUNDRAISER 485,000. 30,000. 455,000. 3 MARTS LUNDY CONSULTING 30 07 6. 4 SNAVELY ASSOCIATES, LTD. CONSULTING 94, 404Total . 2,250,667. 374.916. 2.000.231- 3 List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing. For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule (Form 990 or 990-EZ) 2014 JSA 4E1251 1 000 5887BC 700W 0179143.00004 PAGE 46 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule {Form 990 or 2014 86-6051042 Page 2 Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ. lines 1 and 6b. List events with gross receipts greater than $5,000. Event #1 Event #2 Other events Total events (add col. through (event type) (event type) (total number) col. r: . 1 Gross receipts n: 2 Less: Contributions 3 Gross income (line 1 minus line 2) 4 Cash prizes 5 Noncash prizes . . 8 6 Rent/faculty costs 6 0. 7 Food and beverages 9 . 5 8 Entertainment 9 Otherdirectexpenses. 10 Direct expense summary. Add lines 4 through 9 in column 11 Net income summery. Subtract line 10 from line 3. column Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a. a; - Ill - Total gaming (add a B'ngo gihgo Other gaming col. through col. 1 Gross revenue 2 Cash prizes U) 5 3 Noncash prizes LIJ 4 Rent/facility costs .5 5 Other direct expenses Yes ?In Yes _Yes 0/0 6 Volunteer labor No No No 7 Direct expense summary. Add lines 2 through 5 in column 8 Net gaming income summary. Subtract line 7 from line 1, column . 9 Enter the state(s) in which the organization conducts gaming activities: a Is the organization licensed to conduct gaming activities in each of these states? If explain: \_lYes No 10 a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? If "Yes," explain: l_lYes I_l No JSA 4E12321 5887BC 700W Schedule (Form 990 or 990-EZ) 2014 0179143 .00004 PAGE 4 7 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Form 990 2014 Page 3 11 Does the organization conduct gaming activities with nonmembers? No 12 Is the organization a grantor, beneficiary or trustee of a trust or a member ofa partnership or other entity formed to administer charitable gaming? Yes I: No 13 Indicate the percentage of gaming activity conducted in: a The organization's facility 133 An outside facility 13b 14 Enter the name and address of the person who prepares the organization's gaming/special events books and records: Name Address 15a Does the organization have a contract with a third party from whom the organization receives gaming revenue? DYes a No If "Yes," enter the amount of gaming revenue received by the organization and the amount of gaming revenue retained by the third party A If "Yes," enter name and address of the third party: Name Address 16 Gaming manager information: Name Gaming manager compensation Description of services provided I: Director/officer Employee El Independent contractor 1T Mandatory distributions: a Is the organization required under state law to make charitable distributions from the gaming proceeds to retain the state gaming license? . Yes N0 Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the organization's own exempt activities during the tax year Supplemental Information. Provide the explanation required by Part I, line 2b. columns and and Part lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information (see instructions). Schedule (Form 990 or 990-EZ) 2014 JSA 4E1503 2 000 5887BC 700W Ol79143.00004 PAGE 48 SCHEDULEI Grants and Other Assistance to Organizations, CW ?Jo-15450047 990? Governments, and Individuals in the United States g?14 Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Attach to Form 990. Open to Public Department of the Treasury Internal Revenue Service Information about Schedule I (Form 990} and its instructions is at Inspectlon Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 General Information on Grants and Assistance 1 Does the organization maintain records to substantiate the amount of the grants or assistance the grantees' eligibility forthe grants or assistance and the selection criteria used to award the grants or assistanceDescribe In Part IV the organizat ion' 5 procedures for monitoring the use of grant funds In the United States Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered ?Yes? to Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. 1 Name and address of organization EIN IRC section Amount of cash Amount of non- (9) Description of Purpose of grant or government if applicable grant cash assistance other) non-cash assistance or assistance Feta-Oust 51:1"; . 86-0196696 115 70.519.951. eta-3.55.0.5: enema-r 5151135 35.i-i 27?0943677 Hi 252.834. 51.13939:- -.5i 51?. 46-4635819 501ICI (3) 203.305. 9:233. E. 59.57.;- 45?4177614 501ICI 101,068. as THE 24-6000376 115 61.825. 95123059. :11 Fix. 20-2366755 501ICI (3) 34.317. sit: 5165'. ETEZRE: 23013:. 53:25- 86-0138459 25,000. SUPPORT m. rue-err. MI 45553 38?6004447 13.000. PROGRAM I 21.5 Tea: 7349:. A2 ?325.; 46-3816574 501m 12,117. Pae 5:qu. swam. {10] ASL RESEARCH ENTERPHLEE 228:. 85280 90-0868685 11,463. {11) ASU ALUMNI ASSOCIATION 9.0. BOX 873702 Tam-C 5.2 BEBE 86?6053009 12,000. Maseru-i (12) UNIVERSITY OF SOUTH CAROLINA .0: SC 29208 57- 6001153 115 10 000 5'3953?4?: 2 Enter total number of section 501(c)(3) and government organizations listed in the line 1 tableFor Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014) JSA 4E12831.000 5887130 700W 0179143.00004 PAGE 49 SCHEDULEI Grants and Other Assistance to Organizations, I 0MB ?Io-15454304? 9901 Governments, and Individuals in the United States 2?14 Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Attach to Form 990. Open to Public Department of the Treasury . lnlernal Revenue Service Information about Schedule (Form 990) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 General Information on Grants and Assistance 1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and ?Yes 2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United ates. Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. 1 Name and address of organization EIN IRC section Amount of cash (9) Amount or non- (9) Description of Purpose of grant or government if applicable grant cash assistance oth?m non-cash assistance or assistance 5-35 L-i. 1:24:33? 52's 2813 STREET NW #600 3C 33535 37-0730118 501(c)(3) 15.000. QUTEFACH 000 73-6017987 115 9.664. 3 RICHN SOCIETY FOR ENGIHEERIHS Ll ARI 31-;9. FOOD '34 EAST PIERCE ST. 86-0069988 501(c)(6) 5.400. CUTEEACF nan-:59. Foams-.7 ION .I. CEETRAL AVE, 36?0789956 501(C1f3) 7.000. i QWNITY DUTEEHCE 501(c)(6) 200.000. CDEMUKITY OUTREACH STREET NW 7-1-529563-1- 501m) (3) 6,000. . CH SQMPETZTIVENESS ST NW H700 DC 52-1872849 15.000. CUTEEACE SCH-3131. EDUCATIONAL scumzmros 555'- FIVE STE 26?1204422 501(c! 333:308 OUTRERCEE azisaci mass muons E. smuascx RD. STE 45-3681012 501m (3) 100.000. sass-IE?! E-ccriomc roman. 2 N. SENTRAL AVE STE 2533 PXCENIX, HZ 86-0539979 50lfC] 3) 15.000. CGHHUHI-Y OUTREACE 28271 x. HASHINGTON ST. Woman. A: 550:]? 86?0137589 10,000. gunman}; (12} 1.32:" 5.3. 22X Z??a no 55483 41-6011702 25,000. CEJMCHITT 2 Enter total numberof section 501(c)(3) and government organizations listed in the line 1 table For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014) JSA 4E12881000 5887BC 700W Ol79l43.00004 PAGE 50 SCHEDULEI Grants and Other Assistance to Organizations, I 0MB No-1545-0047 990? Governments, and Individuals in the United States 2?14 Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Attach to Form 990. Open to Public Department of the Treasury . Internal Revenue Service Information about Schedule (Form 990) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 General Information on Grants and Assistance 1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance?Yes 2 Describe in Part IV the organization's procedures for monitoring the use of grant fun 5 in the United States. Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered ?Yes? to Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. 1 Name and address of organization EIN IRC section Amount of cash Amount of non- If) Math? ?f va'ua?i?m (9) Description of Purpose of grant . . book,FMV,a raEd, . or government if applicable grant cash assistance other)? non-cash assistance or a55istance 59.25 {mice-:50. 36-3906745 501 (CI (3i 25.000. (2) mes-5:. 3:29 175501351? HH 52-1080991 50] (Ci I3i 9,000. 920:5: 3.5.55 E. ELL, 9.3 3:13;? 26-3521510 501ICI (3i 8.750. GUTRERCEE (4) macaw?: SISTER LITIEE INC. 23L W- ST. 23TH FLESH 51?0169319 501(Ci (Bi 15.500. CUTEEQCF: 1571-1 NW STE 3313 52-1174165 501(Ci (3) 20,600. SUSTAINABLE VISIONS LLC MA .22139 46?1994595 20.010. :ozres?stcz'?! (TI THE NATL FOR In I 1 3 3i 1. ..Ziit__ ST. VA 22314 501m I3I 1.0.000. .1 (51 THE WILLIAMS INSTITUTE :3 N. SCOTTSDALE RD. E5255 86?0743467 501 mi i3i 6.700. OUTREACH VALLEY THE SUN UNITED WAY .3. BEE-C PHOENIX. AZ 85064 86-0104419 501fCi (31 18.000. C-.- (10} CF 125-0 BELLFLOWER BLVD EFRCE. Th 90:14;- 95-3141516 (31 8.000. (12) 2 Entertotal number of section 501(c)(3) and government organizations listed in the ine1 table . . For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014) JSA 4E1288 1.000 5887BC 700W Ol79l43.00004 PAGE 51 RIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedulel(Forn1990)(2014) Page 2 Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 22. Part Hi can be duplicated if additional space is needed. Type of grant or assistance Number of Amount of Amount of Method of valuation (book, Description of non-cash assistance cash grant non-cash assistance FMV, appraisal. other) Supplemental Information. Complete this part to provide the information required in Part line 2, Part column and any other additional information. PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. SCHEDULE I, PART I, LINE 2: GRANTS PAID CONSIST OF FUNDS PROVIDED TO ARIZONA STATE UNIVERSITY, ITS AFFILIATES, AND OTHER NON-PROFITS FOR ASU RELATED INITIATIVES, WHICH ARE ACCOUNTED FOR AND MONITORED THROUGH THE USE OF ACCOUNTS AND ACCOUNT PURPOSES AT THE TIME OF EACH DISBURSEMENT. Scheduhl(Fonn990)RD14) JSA 4E 1 504 1 000 5887BC 700W OI79I43.00004 PAGE 52 SCHEDULE Compensation Information 0MB ?Io-15450047 (Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees Complete if the organization answered "Yes" on Form 990, Part lV, line 23. Department of the Treasury Attach to Form 990. Open to Internal Revenue Service Information about Schedule [Form 990) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 Questions Regarding Compensation Yes No 1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990, Part VII, Section A, line 1a. Complete Part to provide any relevant information regarding these items. First-class or charter travel Housing allowance or residence for personal use Travel for companions - Payments for business use of personal residence Tax indemnification and gross-up payments Health or social club dues or initiation fees Discretionary spending account Personal services maid, chauffeur, chef) If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If complete Part ill to eXDlain 1b 2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors, trustees, and officers, including the CEO/Executive Director, regarding the items checked in line 1a? 2 3 Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part Compensation committee Written employment contract Independent compensation consultant Compensation survey or study I Form 990 of other organizations Approval by the board or compensation committee 4 During the year, did any person listed in Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization: a Receive a severance payment or change-of?control payment? 4a Participate in, or receive payment from, a supplemental nonqualified retirement plan? 4b Participate in, or receive payment from, an equity-based compensation arrangement? 4c If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5?9. 5 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of: a The organization? 5a Any related organization? 5b If "Yes" to line 53 or 5b, describe in Part ill. 6 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of: a The organization? 6a Any related organization? 6b If "Yes" to line Ba or 6b, describe in Part ill. 7 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments not described in lines 5 and 6? If "Yes," describe in Part 7 8 Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the initial contract exception described in Regulations section If "Yes," describe inPadHl 8 9 If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 9 For Paperwork Reduction Act Notice, see the Instructions for Form 990. .JSA 4E1290 1 000 5887BC 700W 0179143.00004 Schedule (Form 990) 2014 PAGE 53 Schedule (Form 990) 2014 Part ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 2 O?icers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed. For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row and from related organizations. described in the instructions, on row Do not list any individuals that are not listed on Form 990, Part VII. Note. The sum of columns for each listed individual must equal the total amount of Form 990, Part VII. Section A, individual. line 1a. applicable column (D) and (E) amounts for that (A)NameandTMe (B) Breakdown of W-2 and/or 1099-MISC compensation Base compensation (ii) Bonus 8. incentive compensation Other reportable compensation (C) Retirement and other deferred compensation (D) Nontaxable bene?ts (E) Total of columns mem (F) Compensation in column (B) reported as deferred in prior Form 990 R.F. SHANGRAW, JR. 1 DIRECTOR, PRESIDENT AND CEO (ii) 377,893. K.) 87,500. 25,620- 491,013. 0 VIRGINIA DESANTO ZVP, CFO, SECRETARY TREASURER 212,675. 10,000. 552. 15,889. 11,396. 250,512. 0 DANIEL SAFTIG 3CHIEF DEVELOPMENT OFFICER 261,017. 2,500. 34,500. 18,200. 17,435. 333,652- 0 JOSHUA FRIEDMAN 48R. VICE PRESIDENT DEVELOPMENT 230,863. 10,000- 16,927. 5,939. 263,729. 0 GRETCHEN BUHLIG 55R. VICE PRESIDENT DEVELOPMENT 229,319. 5,000. 16,577. 3,262. 254,158. OOUCD AUGUSTINE CHENG 6MANAGING DIRECTOR - AZTE 361,231. 118,243. 41,555. 18,200. 16,067. 555,296. 0 KENNETH POLASKO 7EXECUTIVE DIRECTOR AZTE 247,606. 25,000. 7,592. 17,753. 15,696. 313,647. 10 11 W) 12 (ii) 13 1? 15 16 00 JSA 4E1291 1.000 5887BC 700W 0179143.00004 Schedule (Form 990) 2014 PAGE 5 4 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Form 99012014 Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1aand for Part II. Also complete this part for any additional information. Page 3 HOUSING ALLOWANCE SCHEDULE J, PART I, LINE 1A: THE MANAGING DIRECTOR OF ARIZONA SCIENCE AND TECHNOLOGY ENTERPRISES RECEIVES A HOUSING ALLOWANCE, WHICH IS TREATED AS TAXABLE COMPENSATION ON FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN TRAVEL FOR COMPANIONS SCHEDULE J, PART I, LINE 1A: THE MANAGING DIRECTOR OF AZTE RECEIVES TRAVEL REIMBURSEMENTS FOR HIMSELF AND HIS SPOUSE, WHICH IS TREATED AS TAXABLE COMPENSATION ON FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN TAX INDEMNIFICATION AND GROSS-UP PAYMENTS SCHEDULE J, PART I, LINE 1A: THE MANAGING DIRECTOR OF AZTE RECEIVES TAX GROSS-UP PAYMENTS IN RELATION TO AMOUNTS PAID TO HIM FOR HIS HOUSING ALLOWANCE AND TAXABLE SPOUSAL TRAVEL. THE GROSS-UPS ARE TREATED AS TAXABLE COMPENSATION ON FORM W-Z AND REPORTED ON SCHEDULE J, PART II, COLUMN Schedule (Form 99012014 SA 4E1505 Loon 5887BC 700W Ol79l43.00004 PAGE 55 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Form 99m 2014 Page 3 Part Supplemental information Complete this part to provide the information, explanation, or descriptions required for Part l, lines 1aand for Part II. Also complete this part for any additional information. HEALTH OR SOCIAL CLUB DUES SCHEDULE J, PART I, LINE 1A: ASUF PROVIDES THE PRESIDENT AND CEO WITH A MEMBERSHIP TO A HEALTH AND SOCIAL CLUB TO USE FOR BUSINESS PURPOSES. THE MEMBERSHIP IS NON-TAXABLE TO THE PRESIDENT AND CEO AND REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN (D). DISCRETIONARY SPENDING ACCOUNT SCHEDULE J, PART I, LINE 4A: THE CHIEF DEVELOPMENT OFFICER RECEIVES A DISCRETIONARY SPENDING ACCOUNT IN THE FORM OF AN AUTO ALLOWANCE, WHICH IS TREATED AS TAXABLE COMPENSATION ON FORM W-Z AND REPORTABLE ON SCHEDULE J, PART II, COLUMN SEVERANCE ARRANGEMENTS SCHEDULE J, PART I, LINE 4A: THE PRESIDENT AND CEO HAS A SEVERANCE ARRANGEMENT AS A PART OF HIS EMPLOYMENT AGREEMENT, WHICH PROVIDES FOR A PAYMENT OF HIS BASE SALARY PAYABLE FOR THE REMAINDER OF THE TERM FOR HIS EMPLOYMENT AGREEMENT UPON Schedule (Form 990) 2014 JSA 5887BC 700W PAGE 56 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule [Farm 990} 2014 Page 3 Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1aand for Part II. Also complete this part for any additional information. TERMINATION WITHOUT CAUSE. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B: ASUF HAS SET-UP A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE PRESIDENT AND CEO, IN WHICH ASUF PROVIDES AN ANNUAL CONTRIBUTION TO THE NONQUALIFIED PLAN IN AN AMOUNT EQUAL TO 18% OF HIS ANNUAL BASE SALARY. DEFERRALS INTO THIS PLAN FOR THE 2014 CALENDAR YEAR TOTALLED $69,300 AND ARE REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN (C). NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7: FOR ASUF, NON-FIXED PAYMENTS ARE BASED ON COMPENSATION AGREEMENTS AND SUCCESS BENCHMARKS STATED IN EMPLOYMENT CONTRACTS. FOR AZTE, A SINGLE MEMBER LIMITED LIABILITY COMPANY OF ASUF, THE COMPENSATION CONTRACT FOR THE MANAGING DIRECTOR ALLOWS FOR THE BOARD OF DIRECTORS OF AZTE TO APPROVE DISCRETIONARY BONUSES WITHOUT FIXED AMOUNT CALCULATIONS BASED ON THE OVERALL SATISFACTION OF THE MANAGING PERFORMANCE. Schedule (Form 990) 2014 JSA 4E15051 000 5887BC 700W 0179143.00004 PAGE 57 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Schedule (Form 990}. 2014 page 3 Part Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1aand for Part II. Also complete this part for any additional information. QUESTIONS REGARDING COMPENSATION SCHEDULE J, PART II: FIVE HIGHEST PAID EMPLOYEES INCLUDE TWO MEMBERS OF THE MANAGEMENT TEAM OF ITS SUBSIDIARY, AZTE, WHICH PROVIDES TECHNOLOGY TRANSFER SERVICES FOR ARIZONA STATE UNIVERSITY. AS ITS SOLE MEMBER, ASUF HAS DELEGATED RESPONSIBILITY FOR MANAGEMENT OF AZTE TO THE SEVEN-MEMBER BOARD OF DIRECTORS FOR AZTE, INCLUDING OPERATIONAL ACTIVITIES AND COMPENSATION. Schedule (Form 990) 2014 JSA 4E 1 505 1.000 5887BC 700W Ol79l43.00004 PAGE 58 SCHEDULE (Form 990) Department of the Treasury Internal Revenue Service Complete if the organization answered "Yes" on Form 990, Part IV, line 24a. Provide descriptions, ASU FOUNDATION Supplemental Information on Tax-Exempt Bonds explanations, and any additional information in Part VI. Attach to Form 990. Information about Schedule {Form 990] and its instructions is at warsgow'formsso. OMB No. 1545-0047 OpentoPubHc Inspection Name of the organization AMERICAN UNIVERS ITY Bond Issues ARI ZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification num ber 86-6051042 Issuer name Issuer EIN CUSIP Date issued (at Issue price Description of purpose On behalf of issuer Pooled Defeased financing A THE THE CITY OF TEMPE. AZ 86?0439481 B7972MABS 07/01/2004 22.420.000. ACOUIRE. IMPROVEEQUIP FACILITY THE INDUSTRIAL DEV. AUTH. OF THE CITY OF TEMPE. AZ 86-0439481 NONE 04/22/2014 39.050,000. REFUND ISSUE L1. (5 u: n. (it LA. ESE-0439481 NONE 17/16/2014 3i.390.000. ACOIJIRE. IMPROVE. X. EQUIP FACILITY Proceeds Amount of bonds retired . . . . Amount of bonds legally defeased Total proceeds of issue22,475,006. 39 ,050,000. 31,404,122. Gross proceeds in reserve funds 650, 012. Capitalized interest from proceeds Proceeds in refunding escrows. Issuance costs from proceeds vi- 4. 277,740. 499,252. Credit enhancement from proceeds 0? Working capital expenditures from proceeds . . . . . . . . . . . . . . . . . . . . . . . . 1O 21,547,254. 11,988,651. 11 Otherspentproceeds 38,550,748. 12 19,415,471. 13 2004 2004 Yes Were the bonds issued as part of a current refunding issue? . 15 Were the bonds issued as part of an advance refunding issue?, 16 Has the finalallocation ofproceeds been madeDoes the organization maintain adequate books and records to support th Private Business Use 17 Yes No 1 Was the organization a partner in a partnership, or a member of an LLC. Yes NO YES NO which owned property financed by tax-exempt bonds? . . . 2 Are there any lease arrangements that may result in private business of 55o; Paperwork Reduction Act Notice, see the Instructions for Form 95D. Schedule (Form 990) 2014 0179143.00004 PAGE 59 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule {Farm 590) 2014 Private Business Use (Cantfnued) 3a ASU FOUNDATION 86?6051042 Page 2 Are there any management or service contracts that may result in private . . . . . . . . . . . . . . . . . . . . . . . . . . "Yes" to line 33, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . . Are there any research agreements that may result in private business use of If "Yes" to line 3c. does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? . . Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or astate or local government . . . . . . Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section orlocalgovernment . . . . . . . . Does the bond issue meet the private security or payment test? . . . Has there been a sale or disposition of any of the bond-financed property to a non- governmental person other than a 501 organization since the bonds were issued? . If "Yes? to line 8a, enter the percentage of bond-financed property sold or If "Yes" to line 8a, was any remedial action taken pursuant to Regulations Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-mrmme 1 Has the issuer Penalty in Lieu of Arbitrage Rebate? . . . filed Form Arbitrage Rebate, Reduction Yes ?No" to line 1. did the following apply?. RebatenotdueyetException to rebate?Yes" to line 20, provide in Part VI the date the rebate computation 3 4a Has the organization or the governmental issuer BANKOFAMERICA 30.000 .JSA Schedule (Form 990) 2014 5887BC 700W PAGE 60 0179143.00004 Schedule (Form 990} 2014 Arbitrage (Continued) ARI ZONA STA TE UNIVERS ITY FOUNDATION FOR A NEW 86-6051042 Page3 5a Were gross proceeds invested in aguaranteed investment contract . . . . Yes No Yes Yes Yes NameofproviderWas the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . 6 Were any gross proceeds invested beyond an available temporary periodmonitor Into-Interest Procedures To Undertake Corrective Action reiuirements of section 148? Has the or anization established written procedures to ensure that violations Yes No of federal voluntary _c osing under applicable regulations? ax requrrements are timely is not available identified and corrected through self-remediation Yes NO Yes NO Yes No the Supplemental tnfon-nation. Provide additional information for responses to questions on Schedule (see instructions}. .JSA 4E1328 1.000 5887BC 700W 0179143. 00004 PAGE 6 1 Schedule (Form 990) 2014 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Schedule (Form sec-12014 Page 4 Part VI Supplemental Information. Provide additional information for responses to questions on Schedule (see instructions) (Continued) SCHEDULE K, PART I, BOND B: THE BOND ISSUED 04/22/2014 WAS USED TO REFUND A BOND ORIGINALLY ISSUED ON 10/28/2003. SCHEDULE K, PART II, LINE 3, BOND A: THE DIFFERENCE BETWEEN THE ISSUE PRICE LISTED IN PART I, COLUMN (E) AND THE TOTAL PROCEEDS OF ISSUE IN PART II, LINE 3 FOR BOND A AND BOND REPRESENTS ACCRUED INTEREST INCOME. SCHEDULE K, PART IV, LINE 2C: THE REBATE COMPUTATION FOR THE 2004 BOND WAS LAST PERFORMED ON 6/30/2014. JSA Scheduh K(Fonn990)2014 4E1511 moon 5887BC 700W Ol79143.00004 PAGE 62 SCHEDULE Transactions With Interested Persons I OMB No- 1545-0047 (Form 990 990-EZI Complete if the organization answered "Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 2?14 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b. PAttach to Form 990 or Form 990-EZ. Open To Public Department of the Treasury Internal Revenue Service Information about Schedule (Form 990 or 990-EZ) and its instructions is at Inspection Name of the organization ARI ZONA STATE UNIVERS ITY FOUNDAT ION FOR A NEW Employer identi?cation number AMERICAN UNIVERSITY 86-6051042 Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only). Complete if the organization answered ?Yes" on Form 990, Part IV, line 258 or 25b, or Form 990-EZ, Part V, line 40b. Relationship between disquali?ed person and organization 1 Name of disquali?ed person Description of transaction 1 2 (4 (5i 2 Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958 3 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization Part II Loans to andlor From Interested Persons. Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or22. Name of interested person Relationship Purpose of Loan to or Original Balance due (9) In default? Approved Written with organization loan from the principal amount by board or agreement? organization? committee? To From Yes No Yes No Yes No Grants or Assistance Benefiting Interested Persons. Complete if the organization answered "Yes" on Form 990, Part IV, line 27. Relationship between interested Amount of assistance Type of assistance Purpose of assistance person and the organization Name of interested person For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule (Form 990 or 990-EZ) 2014 JSA 4E1297 1 000 5887BC 700W 0179143.00004 PAGE 63 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule (Form 990 or 2014 Part IV Business Transactions Involving Interested Persons. Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 280. 86-6051042 Page 2 Name of interested person Relationship between interested person and the organization Amount of Description of transaction transaction Sharing of organizalion's revenues? Yes No l1} SYBIL FRANCIS FAMILY MEMBER OF DIRECTOR 205,152. COMPENSATION FOR EMPLOYMENT l2} (5i l3} 10 Supplemental Information Provide additional information for responses to questions on Schedule (see instructions}. JSA 4E1507 1 000 5887BC 700W Schedule (Form 990 or 990-EZ) 2014 0179143 .00004 PAGE 6 4 ?ning? Noncash Contributions I W362i?? Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. Department ofthe Treasury AttaCh to Form 990' Open To PUblic Internal Revenue Service Information about Schedule (Form 990) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86?6051042 Types of Property a m) . . Chiedk if Number of or igno??: Method offdiatermining applicable Items contributed Form 990. Part line 1g noncash contribution amounts 1 Art - Works of art 2 Art - Historical treasures 3 Art - Fractional interests 4 Books and publications 5 Clothing and household goods 6 Cars and other vehicles 7 Boats and planes . 8 Intellectual property 9 Securities - Publicly traded . . . . 50 l: 061: 926. FAIR MARKET VALUE 10 Securities - Closely held stock. . . 11 Securities - Partnership, LLC, or trust interests 12 Securities - Miscellaneous 13 Qualified conservation contribution - Historic structures 14 Qualified conservation contribution - Other . . 15 Realestate-Residential . . . . . . 88, 000 - FAIR MARKET VALUE 16 Real estate - Commercial 17 Real estate Other 18 Collectibles 19 Food inventory 20 Drugs and medical supplies . . 21 Taxidermy 22 Historical artifacts 23 Scientific specimens 24 Archeological artifacts 25 Other i 26 Other i 27 Other i 28 Other 29 Number of Forms 8283 received by the organization during the tax year for contributions for which the organization completed Form 8283, Part IV, Donee Acknowledgement 29 Yes No 30a During the year, did the organization receive by contribution any property reported in Part lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which is not required to be used for exempt purposes for the entire holding period? 308 If "Yes," describe the arrangement in Part ll. 31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions? 31 32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash contributions? 323 If "Yes." describe in Part II. 33 If the organization did not report an amount in column for a type of property for which column is checked, describe in Part II. For Paperwork Reduction Act Notice, see the Instructions for Form 990. SA 4E1298 1 000 5887BC 700W 0179143.00004 Schedule (Form 990) (2014) PAGE 6 5 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule (Form 990} [2014} Supplemental Information. Complete this part to provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information. Page 2 SCHEDULE M, PART I, LINE 32B THE FOUNDATION USES A VARIETY OF BROKERAGES AND SERVICE COMPANIES TO CONVERT NON-CASH GIFTS TO CASH BASED ON THE TYPE OF NON-CASH GIFT RECEIVED . JSA Schedule (Form 990) (2014) 4E1508 1 000 5887BC 700W 0179143.00004 PAGE 66 SCHEDULE 0 OMB No. 1545-0047 (Form 990 or 990-EZ) Supplemental Information to Form 990 or 990-EZ Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. Open to Public Department of the Treasury Internal Revenue Sewage >Attach to Form 990 or 990-EZ. Inspection Nameloemgmummn ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86?6051042 OTHER PROGRAM SERVICES FORM 990, PART LINE 4D: THE ASU FOUNDATION PROVIDED OVER $45 MILLION TO SUPPORT THE EDUCATION, PUBLIC SERVICE AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. IN ADDITION TO THE NEAR $4 MILLION OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED OVER $41 MILLION OF CONTRIBUTION REVENUE IN SUPPORT OF THESE ACTIVITIES. FUNDRAISING EVENTS FORM 990, PART V, LINES 7A AND 7B: ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY RECEIVES GIFTS FOR ASU THAT AT TIMES PROVIDES THE DONOR WITH A BENEFIT. THOSE DONORS RECEIVE CHARITABLE GIFT RECEIPTS INDICATING THE TOTAL VALUE OF PAYMENT, THE FAIR MARKET VALUE OF BENEFITS RECEIVED BY THE DONOR, AND THE NET AMOUNT THAT MAY BE CONSIDERED A CHARITABLE CONTRIBUTION. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE llB: FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT IS SUBMITTED TO MANAGEMENT FOR REVIEW AND ACCURACY OF REPORTING. THE BOARD OF DIRECTORS HAS DELEGATED REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. MANAGEMENT AND A REPRESENTATIVE OF THE OUTSIDE ACCOUNTING FIRM REVIEW THE FORM 990 For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990-EZ) (2014) 5887BC 700w 0179143.00004 PAGE 67 Schedule 0 [Form 990 2014 Page 2 Name of the organization ARI ZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification number AMERICAN UNIVERSITY 86-6051042 WITH THE AUDIT COMMITTEE. ONCE APPROVED AND ACCEPTED BY THE AUDIT COMMITTEE, THE FORM 990 IS SIGNED BY THE CFO AND SUBMITTED ELECTRONICALLY TO THE IRS AND THE BOARD OF DIRECTORS. PROCESS FOR MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C: UPON HIRE AND ON AN ANNUAL BASIS, OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS RELATING TO THEIR INVOLVEMENT WITH ASUF. IN ADDITION, ANY TIME THE INDIVIDUALS REFERRED TO ABOVE BECOME AWARE OF A NEW CONFLICT, THEY ARE REQUIRED TO SUBMIT AN UPDATED CONFLICT OF FORM TO THE ASUF CFO. ANY IDENTIFIED CONFLICTS WOULD BE REVIEWED BY THE BOARD CHAIR AND THE CEO TO DETERMINE ANY MITIGATION ACTIONS NEEDED. PROCESS FOR ESTABLISHING COMPENSATION OF AND KEY EMPLOYEES FORM 990, PART VI, LINES 15A AND 15B: FOR ASUF, THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT AND CEO BASED ON CURRENT MARKET COMPARISONS PROVIDED BY THE HUMAN RESOURCES DEPARTMENT (WHICH OBTAINS THIS INFORMATION FROM AN INDEPENDENT COMPENSATION CONSULTANT), RESPONSIBILITIES OF THE POSITION, GOALS OF THE FOUNDATION, AND NEGOTIATIONS WITH THE PRESIDENT AND CEO. ALL OTHER COMPENSATION DECISIONS FOR KEY EMPLOYEES HAVE BEEN DELEGATED FROM THE BOARD OF DIRECTORS TO THE PRESIDENT AND CEO, WHO FOLLOWS A SIMILAR PROCESS AFOREMENTIONED. FOR ARIZONA SCIENCE AND TECHNOLOGY ENTERPRISES A SINGLE MEMBER JSA Schedule 0 (Form 990 or 990-EZ) 2014 4E1228 1 000 5887BC 700W 0179143.00004 PAGE 68 Schedule 0 (Form 990 or 2014 Page 2 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 LIMITED LIABILITY COMPANY CONTROLLED BY ASUF, THE COMPENSATION CONTRACT WAS REVIEWED BY THE GENERAL COUNSEL OF ASUF AND THE CFO OF ASU. IT INCLUDED A COMPENSATION COMPARISON PERFORMED BY A THIRD-PARTY SERVICE PROVIDER AND WAS APPROVED BY BOARD OF DIRECTORS. DOCUMENTS MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19: THE FINANCIAL STATEMENTS FOR ASUF ARE AVAILABLE TO THE PUBLIC ON THE WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. ADDITIONAL INFORMATION REGARDING INDEPENDENT SERVICE PROVIDERS FORM 990, PART VII, SECTION B, LINE 1: ALL OF THE LEGAL SERVICES DISCLOSED IN FORM 990, PART VII, SECTION B, LINE 1 (AND THE RELATED ATTACHMENT) WERE PERFORMED IN SUPPORT OF TECHNOLOGY TRANSFER SERVICES TO THE UNIVERSITY AND ARE NOT RELATED TO THE PRIMARY FUNDRAISING SERVICES OF THE FOUNDATION. ADDITIONAL INFORMATION REGARDING FUNDRAISING FORM 990, PART AND FORM 990, PART IX: IN ITS EFFORT TO SUPPORT ASU, ASUF AND ITS AFFILIATES PERFORM A BROAD SCOPE OF SERVICES THAT INCLUDE: FUNDRAISING, INVESTMENT MANAGEMENT, TECHNOLOGY TRANSFER, ADVOCACY, UNIVERSITY BRANDING AND MARKETING, EDUCATIONAL AWARENESS, AND PROPERTY FINANCING AND MANAGEMENT. CERTAIN ELEMENTS OF EXPENSES CODED AS MANAGEMENT AND GENERAL ARE DRIVEN BY THE BROAD SCOPE OF THE ROLE IN SUPPORT OF ASU. JSA Schedule 0 (Form 990 or 990-EZ) 2014 4E1228 1 000 5887BC 700W Ol79l43.00004 PAGE 69 Schedule 0 (Form 990 or 990?521 2014 Page 2 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 FUNDRAISING EXPENSES SUPPORT ACTIVITIES THAT GENERATE CONTRIBUTIONS THAT GO DIRECTLY TO ENTITIES OTHER THAN ITSELF, SUCH AS ASU AND OTHER ASU THUS, NOT ALL FUNDRAISING RESULTS GENERATED THROUGH EFFORTS ARE REFLECTED IN THE CONTRIBUTION TOTALS ON FORM 990. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9: CHANGE IN ASSETS DUE TO OTHER ORGANIZATIONS: $(l,210,183) CHANGE IN UNREALIZED SWAP VALUE: $(723,382) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: $136,586 ATTACHMENT 1 990, PART VII- COMPENSATION OF THE FIVE HIGHEST PAID IND. CONTRACTORS NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION PERELLA WEINBERG PARTNERS INVESTMENT MGMT. 2,035,378. 767 5TH AVE NEW YORK, NY 10153 CORE GROUP PC ARCHITECT 608,866. 1010 WISCONSIN AVE NW WASHINGTON, DC 20007 TRINITY WORKS LLC CONSULTING 480,000. P.O. BOX 12206 FT. WORTH, TX 76110 IRELL AND MANELLA LLP LEGAL - AZTE 464,814. 1800 AVENUE OF THE STARS SUITE 900 LOS ANGELES, CA 90067 QUARLES BRADY LLP LEGAL - AZTE 433,097. TWO N. CENTRAL AVE PHOENIX, AZ 85004-2391 JSA Schedule 0 (Form 990 or 990-EZ) 2014 4E1228 1 000 5887BC 700W 0179143.00004 PAGE 70 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 OMB No. 1545-0047 2?14 Open to Public Inspection Name at the organization ARI ZONA STATE UNIVERS ITY FOUNDATION FOR A NEW Employer identi?cation number AMERICAN UNIVERSITY 86-6051042 $130395? Related Organizations and Unrelated Partnerships Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. PAttach to Form 990. ar men 0 reasu Inteprnal Revenue Service Information about Schedule (Form 990) and its instructions is at Identification of Disregarded Entities Complete if the organization answered ?Yes" on Form 990, Part IV, line 33. (W (C) Name, address, and EIN (if applicable) of disregarded entity Primary activity Legal domiCile (state Total income End-of-year 353915 Direct controlling or foreign country) enmy AZ SCIENCE TECHNOLOGY ENTERPRISES LLC 86?6051042 P.o. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 7,687,818. 7,613,736. ASUF, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 4,076,582. 40,591,676. ASUF ASUF BRICKYARD, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 2,778,778. 40,288,218. ASUF ASUF SCOTTSDALE, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 7,257,067. 18,321,993. ASUE ASUE DUPONT, LLC 86?6051042 PO. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0 17,824. ASUE ISW TECHNOLOGIES, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 0 0 AZTE Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exem pt organizations during the tax year. lb) (6) (B) if) (9) Name, address, and EIN of related organization Primary activity Legal domicile (state Exempt Code section Public chan'ty status Direct controlling Section 512(b)(13) . . . It or foreign country) (If section 501(c)(3)) entity Yes No TAYLOR TRUST FEO ASU FOUNDATION 86-6252445 P.0- Box 2260 AZ 85280 SUPPORT AZ 501(0) (3) 11 TYPE 1 ASUF A80 RESEARCH ENTERPRISE 90?0868685 P.0. BOX 2260 TEMPE, AZ 85280 SUPPORT AZ (3) 09 ASUF RESEARCH COLLABORATIVE AT ASU 46-3815674 P.o. Box 2260 TEMPE, AZ 85280 SUPPORT AZ 501(0) (3) 07 ASUF t4) l5} l5} l7] For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule (Form 990) 2014 JSA 4E1307 ?l 000 5887BC 700W OI79143.00004 PAGE 71 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 SCHEDULE . . (Form 990) Related Organizations and Unrelated Partnerships Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35bDepartment of the Treasury ttac t0 orm 990 Open to Public Mama, Revenue Same Information about Schedule (Form 990) and its instructions is at inspection Name a! the organization ARIZONA STATE UNIVERS ITY FOUNDATION FOR A NEW Employer identi?cation number AMERICAN UNIVERSITY 86-6051042 OMB No. 1545-0047 2014 identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. (6) id) ll] Name, address, and EIN (if applicable) of disregarded entity Primary activity Legal domicile (state Total income End-of-year assets Direct controlling or foreign country) entity RH TECHNOLOGIES, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 0 0 AZTE 3D CELL TECHNOLOGIES, LLC 86-6051042 PO. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 0 0 AZTE i3) ASUF REALTY, LLC 86-6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0 0 ASUF {4i ASUF DC, LLC 86?6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 684,669. 35,777,343. ASUF (5) UNIVERSITY REALTY, LLC 86-6051042 P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0 0 ASUF t5} Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exem pt organizations during the tax year. if) (9) Name, address, and EIN of related organization Primary activity Legal domicile (state Exempt Code section Public charity status Direct controlling Section 512(b)(13) . or foreign country) (if section 501(c)(3)) entity c??gfge Yes No l1} l2} t3) (4i l5) i5} l7} For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule (Form 990) 2014 JSA 4E1307 1.000 5887BC 700W 0179143.00004 PAGE 72 Schedule ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW (Form 990) 2014 86-6051042 Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year. Page 2 Name, address, and EIN of Primary activity related organization E) Legal domicile (state or foreign country) Direct controlling entity (8). Predominant income (related, unrelated, excluded from tax under sections 512-514) Share of total income (9) Share of end-of- year assets D-Ipr?pl?imta abut-bun? Yes No Code amount in box 20 of Schedule K-1 (Form 1065) General or managing partner? Yes No Percentage ownership i1} t3} [4i [5i l5} (Ti Part IV Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year. Name, address, and EIN of related organization lb) Primary activity it:) Legal domicile [state or foreign country) Direct controlling entity (9) Type of entity (C corp. corp. or trust) Share of total income (9) Share of end-of-year assets Percentage ownership in) Section 512(b)(13) controlled envy" Yes No SOLAR ENERGY AZ ASUF CORP -58.298. 133.465. 100.0000 CHART TABLE REM TR AZ ASUF TRUST HERE: I 507% r2153. . ASSETS 214: FUNK. 3.75:. YORK. NY 1001? INVESTING CJ CORP l4000 5887 BC 700W Ol79143.00004 Schedule (Form 990) 2014 PAGE 7 3 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule (Form 990) 2014 86-6051042 Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part lV, line 34, 35b, or 36. Page 3 Note. Complete line 1 if any entity is listed in Parts II, or IV of this schedule. 1 During the tax year, did the organization engage in any of the following transactions with one entity, Purchase of assets from related organization(s)_ Eco D. Dividends from related organization(s), Sale of assets to related organization(sExchange of assets with related organization(s)_ Lease of facilities, equipment, or other assets to related organization(s)_ Reimbursement paid to related organization(s) for expenses. . . Reimbursement paid by related organization(s) for expenses . . Other transfer of cash or property to related organization(s) . 5 Other transfer of cash or property from related organization(s). . . 5 Receipt of interest, (ii) annuities, royalties, or (iv) rent from a controlled Gift, grant, or capital contribution to related organization(s) . Gift, grant, or capital contribution from related organization(s)_ Loans or loan guarantees to or for related organization(s) Loans or loan guarantees by related organization(s) a Lease of facilities, equipment, or other assets from related organization(s) Performance of services or membership or fundraising solicitations for related organization(s) Performance of services or membership or fundraising solicitations by related organization(s)_ Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) Sharing of paid employees with related organization(s) 4- a or more related 0 0- vi- a organizations listed in Parts Yes the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including cov ered relationships and transaction thresholds. Name of related organization (bl Transaction (Cl Amou nt in volved Method of determining amount involved RESEARCH COLLABORATORY AT ASU 238, 151. COST (at ASU RESEARCH ENTERPRISE 790,626. COST (3) l4} JSA 4E1309 1 000 5887BC 700W 0179143.00004 Schedule (Form 990) 2014 PAGE 74 Schedule (Form 990) 2014 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86?6051042 Page 4 Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37. Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships. (C) (E) (9) U) Name, address, and EIN of entity Primary activity Legal domicile Predominant Are all partners Share of Share of Code - UBI General or (state or foreign income (related, Sitigig) total income end-of-year ?mam?? amount in box 20 country) unrelated, excluded organizations? assets of Schedule K-1 from tax under (Form 1065) section5512-514Percentage ownership l2} l3} (4i (5i (Bl (Tl l3} l9) (10) (11) (12l {13) (14} (15} (15} JSA 4E1310 1.000 Schedule (Form 990) 2014 5887BC 700W Ol79l43.00004 PAGE 75 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule {Form 990} 2014 Part VII Supplemental Information Complete this part to provide additional information for responses to questions on Schedule (see instructions). Page 5 SCHEDULE R, PART IV, COLUMN THERE ARE l7 CHARITABLE TRUSTS WITH LEGAL DOMICILE IN ARIZONA AND 2 CHARITABLE TRUSTS WITH LEGAL DOMICILE IN NEVADA. Schedule (Form 990) 2014 4E15101000 5887BC 700W Ol79143.00004 PAGE 76