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 or University) 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. For the second year in a row, U.S. News and World Report identified ASU 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 15-year period, alumni, parents, foundations, corporations and other individuals and organizations have committed $2.09 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 over $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 fifth consecutive year, Charity Navigator awarded the Foundation its premier four-star rating, earning an overall score of 96.66 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 2016 was $216 million, and $207 million in 2015. 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 $140 million in 2016, an increase from $131 million in 2015. Our Form 990 shows direct public support of $120 million for fiscal year 2016. 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 $19.8 million of expense reimbursement from ASU to provide development, fundraising, investment, marketing and technology transfer services for ASU in fiscal year 2016. The Foundation provided $87.4 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 2015 Form 990 return covers the fiscal year from July 1, 2015 to June 30, 2016. 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 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 June 30, 2016.   $120.1 million of contributions (shown on Part I, line 8). $4.3 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. Page 2 of 3 Investment Return: Expense: The Foundation invests its endowment and other funds in global markets, which are subject to volatility. For fiscal year ended June 30, 2016, the Foundation recognized $8.5 million loss from the markets. The Foundation incurs many different types of expenses during the fiscal year in support of its objectives.  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 am990 Return of Organization Exempt From Income Tax Under section 501(c), 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. Department of the Treasury internal Revenue Service A For the 2015 calendar year. or tax year beginning Information about Form 990 and its instructions is at ersgovr'formSQ?. O7 /01, 2015, and OMB NO 1545-0047 2015 Open to Public Inspection 06/30. 20 16 Name oforganization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Check ?mica?: AMERICAN UNIVERS ITY Employer identi?cation number Room/suite (480} Telephone number 965-3759 Gross receipts 1,027,079,524. 23:43? Doing business as ASU FOUNDATION Name change Number and street (or 0. box if mail is not delivered to street address) Initialretlirn P.O. BOX 2260 City or town, state or province, country, and ZIP or foreign postal code feTfI'I?Ided TEMPE, AZ 85280 Name and address of principal of?cer: SHANGRAW R.F. 300 E. UNIVERSITY DR. TEMPE, pending subordinates? I I501(c)( )4 (inserlno)I I4947talt1tor I I527 Website: . ASUFOUNDAT ION . ORG Is this a group return for Yes No Are all subordinates included? Yes - No if attach a list (see instructions) Group exemption number Form of organization: I I Corporation I I TrustI I Association I I Other I Year of formation: 1955I State of legnldomicile: AZ Summary 1 Briefly describe the organization's mission or most significant activities: 95.1113; TATE 8 Al 5. 9AA- 2 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 Number of voting members of the governing body (Part VI, line 1aNumber of independent voting members of the governing body (Part VI, line 1bTotal number of individuals employed in calendar year 2015 (Part V, line 2aTotal number of volunteers (estimate if necessaryTotal unrelated business revenue from Part column (C), line Net unrelated business taxable income from Form 990-T, line-Prior Year Current Year 8 Contributions and grants 108,590,354. 120,129,408. 9 Program service 29) I I 5r 196r 033- 12.345r578 - 5 1o (A), lines 3,4,and 7d) . I 47, O35. 689- -8. 479.547. 11 Other revenue (Part column (A), lines 5, 6d, Etc. 9c, 100, and11e) . . 4r 011:291- 4r 302i 491- 12 Total revenue-add lines 8through 11 (A), ine12) . 164: 833i 367 - 128i 297.- 930- 13 Grants and similar amounts paid (Part IX. column (A), lines 1-324. 14 Benefits paid to or for members (Part IX, column (A), line Salaries, other compensation, employee benefits (Part IX, column (A), lines 16a Professional fundraising fees (Part IX, column (A), line He631; 069 . a Total fundraising expenses (Part IX, column (D), line 2523r325r503- 2019571999- 18 Total expenses Add lines 13-17 (must equal Part ix, column (A), line 25) I I I . 105, 293. 431 . 112, 071, 977. 19 Revenue less expenses. Subtract line 18 from line Beginning of Current Year End of Year ?g 20 Totalassets(PartX,line16994.921.1175. 999.330.703- ?It; 21 Total . 258,404,615. 254,428,614- 22 Net assets or fund balances. Subtract line 21 from line Signature Block Under penalties of perjury. declare that have examined this return, Including accompanying schedules and statements. and to the best of my knowledge and belief, it is tme. correct. and Declaratlo? of preparer (other than o?icer} is based on all information of which preparer has any knowledge. I i ?0 7L . 013411 (J Afr I19 Signature of of?cer Date - - Here VIRGINIA DESANTO CFO TREASURER Type or print name and title Print/Type preparer?s name 9 Brown. Rosemarie Date - Paid 2016.11 15 CheCk If Pre arer ROSEMARI BROWN 13:50:07-03-00- self-employed Usep0nly Firm's name DGRANT THORNTON LLP Firm's EIN 36?6055558 Finn's address P1111 STREET. :iUi-l-l: 2109 saw CA 94111 Phone no. 415-986-3900 May the IRS discuss this return with the preparer shown above? (see instructions) I . For Paperwork Reduction Act Notice, see the separate instructions. JSA 000 5887BC 700W cue-u. due-i- ell-II? 0179143. 00004 ?IlIYes I Form 990 (2015) PAGE 2  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 990 (2015) Part III 1 Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III Briefly describe the organization's mission: 86-6051042 Page 2 X TO ENSURE THE SUCCESS OF ARIZONA STATE UNIVERSITY AS A NEW AMERICAN UNIVERSITY. 2 3 4  Did the organization undertake any significant program services during the year which were not listed on the X No prior Form 990 or 990-EZ? Yes If "Yes," describe these new services on Schedule O. Did the organization cease conducting, or make significant changes in how it conducts, any program X No services? Yes If "Yes," describe these changes on Schedule O. 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 $ 37,563,331. including grants of $ 22,991,305. ) (Revenue $ 5,943,455. ) 2,035,078. ) 1,847,836. ) SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $37.5 MILLION IN SUPPORT OF SUSTAINABILITY AND EDUCATION ACTIVITIES, ENTREPRENEURIAL ACTIVITIES, AND PROGRAMMING ACTIVITIES. IN ADDITION TO THE PROGRAM REVENUE OF OVER $5.9 MILLION, ASU FOUNDATION PROVIDED OVER $25.8 MILLION IN CONTRIBUTIONS FOR THESE ACTIVITIES. 4b (Code: ) (Expenses $ 12,861,933. including grants of $ 12,377,303. ) (Revenue $ RESEARCH SUPPORT - THE ASU FOUNDATION PROVIDED MORE THAN $12.8 MILLION IN RESEARCH FUNDING FOR ASU. IN ADDITION TO THE OVER $2 MILLION OF PROGRAM REVENUE, THE ASU FOUNDATION PROVIDED MORE THAN $17 MILLION TO ASU IN SUPPORT OF RESEARCH IN INFORMATION PRIVACY AND SECURITY; SUPPLY CHAIN MANAGEMENT; ENVIRONMENT AND SUSTAINABILITY; EARLY CHILDHOOD EDUCATION AND OTHER AREAS. 4c (Code: ) (Expenses $ 11,678,538. including grants of $ 11,432,946. ) (Revenue $ 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 $2 MILLION OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED MORE THAN $5.6 MILLION OF CONTRIBUTIONS TO SUPPORT FACULTY RECOGNITION AND PROFESSORSHIPS.  4d Other program services (Describe in Schedule O.) (Expenses $ 32,962,471. including grants of $ 32,919,770. 95,066,273. 4e Total program service expenses JSA 5E1020 1.000 5887BC 700W ) (Revenue $ 5,218,718. ) Form 0179143.00004 990 (2015) PAGE 3 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 990 (2015) Part IV 1 2 3 4 86-6051042     Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 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, Part I Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II 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? If "Yes," complete Schedule C, Part III 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, Part I Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III 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 X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI 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 VII 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 VIII 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 Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X  5    6 7 8   9 10 11 a b c d Page 3 Checklist of Required Schedules          e f 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 (ASC 740)? If "Yes," complete Schedule D, Part X 12 a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII b 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 XII is optional 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E 14 a Did the organization maintain an office, employees, or agents outside of the United States? b 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 I and IV 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, Parts II and IV 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, Parts III and IV 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 11e? If "Yes," complete Schedule G, Part I (see instructions) 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III       Yes 1 2 X X 3 4 No X X 5 X 6 X 7 X 8 X 9 X 10 X 11a X 11b X 11c X 11d 11e X X 11f X 12a X 12b 13 14a X 14b X X X 15 X 16 X 17 18 19 Form X X X 990 (2015) JSA 5E1021 1.000 5887BC 700W 0179143.00004 PAGE 4 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 990 (2015) Part IV 20 a b 21 22 23 24 a b c d 25 a b 27 28 a b c 29 30 31 32 33 34 35 a b 37 38     Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 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 II 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 I and III 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 J 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 "No," go to line 25a Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 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, Part I 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 990-EZ? If "Yes," complete Schedule L, Part I 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, Part II 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 III 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 current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 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 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II 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, Part I Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1 Did the organization have a controlled entity within the meaning of section 512(b)(13)? 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 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 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, Part VI Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O.          26 36 Checklist of Required Schedules (continued) 86-6051042              Page Yes 20a 20b 21 No X X 22 X 23 X 24a 24b X X 24c 24d X X 25a X 25b X 26 X 27 X 28a X 28b X 28c 29 X X 30 X 31 X 32 X 33 X 34 35a X X 35b X 36 X 37 X 38 Form 4 X 990 (2015) JSA 5E1030 1.000 5887BC 700W 0179143.00004 PAGE 5  150  0.  X  599  X  X  X  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 990 (2015) Part V 86-6051042 Page Yes 1a 1 a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable 1b b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? 2 a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax 2a Statements, filed for the calendar year ending with or within the year covered by this return b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions) 3 a Did the organization have unrelated business gross income of $1,000 or more during the year? b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation in Schedule O 4 a 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)? b If “Yes,” enter the name of the foreign country: 5a b c 6a b 7 a b c 5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V     See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? If "Yes" to line 5a or 5b, did the organization file Form 8886-T? 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? If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? Organizations that may receive deductible contributions under section 170(c). Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? If "Yes," did the organization notify the donor of the value of the goods or services provided? Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? 7d If "Yes," indicate the number of Forms 8282 filed during the year Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?      d e f g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 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? 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? 10 Section 501(c)(7) organizations. Enter: 10a a Initiation fees and capital contributions included on Part VIII, line 12 10b b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities          11 Section 501(c)(12) organizations. Enter: 11a a Gross income from members or shareholders b Gross income from other sources (Do not net amounts due or paid to other sources 11b against amounts due or received from them.) 12 a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 12b b If "Yes," enter the amount of tax-exempt interest received or accrued during the year 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? Note. See the instructions for additional information the organization must report on Schedule O. b Enter the amount of reserves the organization is required to maintain by the states in which 13b the organization is licensed to issue qualified health plans 13c c Enter the amount of reserves on hand                14 a Did the organization receive any payments for indoor tanning services during the tax year? b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O JSA 5E1040 1.000 5887BC 700W 1c 2b 3a 3b 4a X 5a 5b 5c X X 6a X 6b 7a 7b X X 7c X 7e 7f 7g 7h X X 8 9a 9b 12a 13a 14a 14b Form 0179143.00004 No X 990 (2015) PAGE 6  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 6 Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" Form 990 (2015) Part VI response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions. Check if Schedule O contains a response or note to any line in this Part VI X Section A. Governing Body and Management  Yes         1a Enter the number of voting members of the governing body at the end of the tax year 1a No 21 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 O. 19 1b b Enter the number of voting members included in line 1a, above, who are independent 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? 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? 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 5 Did the organization become aware during the year of a significant diversion of the organization's assets? 6 Did the organization have members or stockholders? 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? b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? b Each committee with authority to act on behalf of the governing body? 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 "Yes," provide the names and addresses in Schedule O            2 X 3 4 5 6 X X X X 7a X 7b X 8a 8b X X 9 X Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) 10 a Did the organization have local chapters, branches, or affiliates? b 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? 11 a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? b Describe in Schedule O the process, if any, used by the organization to review this Form 990. 12 a Did the organization have a written conflict of interest policy? If "No," go to line 13 b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done 13 Did the organization have a written whistleblower policy? 14 Did the organization have a written document retention and destruction policy? 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 b Other officers or key employees of the organization If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions). 16 a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? b 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?   Section C. Disclosure Yes 10a X 10b 11a X X 12a X 12b X 12c 13 14 X X X 15a 15b X X 16a X 16b X    AK,AZ,CO,HI,MN,NY,OK,OR,SC, No 17 18 List the states with which a copy of this Form 990 is required to be filed Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply. X Own website X Upon request Another's website Other (explain in Schedule O) 19 Describe in Schedule O 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. State the name, address, and telephone number of the person who possesses the organization's books and records: 20 VIRGINIA DESANTO 300 E. UNIVERSITY DRIVE TEMPE, AZ 85281 480-965-1791 JSA 5E1042 1.000 5887BC 700W  Form 0179143.00004 990 (2015) PAGE 7  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 7 Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors X Check if Schedule O contains a response or note to any line in this Part VII Form 990 (2015) Part VII      Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year. 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. List all of the organization's current key employees, if any. See instructions for definition of "key employee." 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 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. 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. 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. Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (C) (A) Name and Title Position (B) Former Highest compensated employee 1.00 0. 1.00 0. 1.00 2.00 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 1.00 1.00 0. 1.00 0. Key employee CHAIR (2) JUANITA FRANCIS VICE CHAIR (3) MICHAEL M. CROW DIRECTOR (4) JOSE CARDENAS DIRECTOR (5) ANGELA YIN CESAL DIRECTOR (6) TONY COREY DIRECTOR (7) WAYNE S. DORAN DIRECTOR (8) STEPHEN O. EVANS DIRECTOR (9) IRA A. FULTON DIRECTOR (10) JOHN W. GRAHAM DIRECTOR (11) JAY HEILER DIRECTOR (12) BOB JOHNSON DIRECTOR (13) ANNE L. MARIUCCI DIRECTOR (14) MORGAN OLSEN DIRECTOR Officer (1) WILLIAM POST Institutional trustee Individual trustee or director (do not check more than one Average box, unless person is both an hours per week (list any officer and a director/trustee) hours for related organizations below dotted line) (D) (E) Reportable Reportable compensation compensation from from related the organizations organization (W-2/1099-MISC) (W-2/1099-MISC) (F) Estimated amount of other compensation from the organization and related organizations X X 0. 0. 0. X X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. Form JSA 5E1041 1.000 5887BC 700W 0179143.00004 990 (2015) PAGE 8 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2015) Part VII Page (A) Name and title (B) (C) Average Position (do not check more than one box, unless person is both an officer and a director/trustee) hours per week (list any hours for Former Highest compensated employee 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 1.00 0. 60.00 3.00 50.00 5.00 50.00 3.00 40.00 2.00 Key employee ( 15) HARRY PAPP DIRECTOR ( 16) GARY L. TRUJILLO DIRECTOR ( 17) KENNETH VAN WINKLE DIRECTOR THROUGH MAY 2016 ( 18) GREGORY J. VOGEL DIRECTOR ( 19) SCOTT WALD DIRECTOR ( 20) KEITH WIRTZ DIRECTOR ( 21) ROGER WITTLIN DIRECTOR ( 22) R.F. SHANGRAW, JR. DIRECTOR, PRESIDENT AND CEO ( 23) VIRGINIA DESANTO CFO AND TREASURER ( 24) MARCEL VALENTA GEN COUNSEL/VP ENT DEV, SECR. ( 25) AUGUSTINE CHENG MANAGING DIRECTOR - AZTE Officer line) Institutional trustee below dotted Individual trustee or director related organizations (D) (E) Reportable Reportable compensation compensation from from related the organizations organization (W-2/1099-MISC) (W-2/1099-MISC) (F) Estimated amount of other compensation from the organization and related organizations X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 0. 0. 0. X 492,874. 0. 148,649. X 227,457. 0. 34,986. 229,735. 0. 43,131. 555,485. 0. 0. 0. 0. 36,484. 0. 394,448. 394,448. X                                                                      X X 1b c d 2 0. Sub-total 2,639,930. Total from continuation sheets to Part VII, Section A 2,639,930. Total (add lines 1b and 1c) Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 45 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual  3 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 J for such individual 4 4   Yes No X X 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,” complete Schedule J 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 year. 5 8 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) Name and business address (B) Description of services X (C) 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 32 JSA 5E1055 1.000 5887BC 700W Form 0179143.00004 990 (2015) PAGE 9 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2015) Part VII Page (A) Name and title (B) (C) Average Position (do not check more than one box, unless person is both an officer and a director/trustee) hours per week (list any hours for Former Highest compensated employee 40.00 0. 40.00 0. 40.00 0. 40.00 0. Key employee ( 26) DANIEL SAFTIG CHIEF DEVELOPMENT OFFICER ( 27) KENNETH POLASKO EXECUTIVE DIRECTOR - AZTE ( 28) JOSHUA FRIEDMAN EXEC. VP & MANAGING DIRECTOR ( 29) GRETCHEN BUHLIG EXEC. VP & MANAGING DIRECTOR Officer line) Institutional trustee below dotted Individual trustee or director related organizations (D) (E) Reportable Reportable compensation compensation from from related the organizations organization (W-2/1099-MISC) (W-2/1099-MISC) (F) Estimated amount of other compensation from the organization and related organizations X 312,301. 0. 46,533. X 276,560. 0. 44,438. X 278,760. 0. 20,894. X 266,758. 0. 19,333.                                                                      1b c d 2 Sub-total Total from continuation sheets to Part VII, Section A Total (add lines 1b and 1c) Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 45 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual  3 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 J for such individual 4 4   Yes No X X 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,” complete Schedule J 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 year. 5 (A) Name and business address 2 8 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (B) Description of services  X (C) Compensation Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization JSA 5E1055 1.000 5887BC 700W Form 0179143.00004 990 (2015) PAGE 10 Part VIII Contributions, Gifts, Grants Program Service Revenue and Other Similar Amounts Check if Schedule O contains a response or note to any line in this Part VIII        Federated campaigns 1a b Membership dues 1b c Fundraising events 1c d Related organizations 1d e Government grants (contributions) 1e f All other contributions, gifts, grants, 1a (C) Unrelated business revenue Page 9 (D) Revenue excluded from tax under sections 512-514 120,080,782. Noncash contributions included in lines 1a-1f: $ 13,547,415. Total. Add lines 1a-1f 120,129,408. Business Code 2a b c d e f g PROGRAM SUPPORT 541800 9,572,145. 9,572,145. BRICKYARD RENTAL 531120 2,773,433. 2,773,433.                                                                  All other program service revenue Total. Add lines 2a-2f Investment 3 income (including dividends, Income from investment of tax-exempt bond proceeds Royalties (i) Real 6a Gross rents c d Rental income or (loss) Net rental income or (loss) Gross amount from sales of (i) Securities assets other than inventory 880,400,667. c d 8a -1,490,990. 11,392,370. 0. 0. 1,602,982. Less: rental expenses b 9,901,380. (ii) Personal b 7a 12,345,578. interest, and other similar amounts) 4 5 Other Revenue (B) Related or exempt function revenue (A) Total revenue 86-6051042 48,626. 1f and similar amounts not included above g h  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Statement of Revenue Form 990 (2015) 1,602,982.                        1,602,982. 1,602,982. -18,380,927. -18,380,927. (ii) Other Less: cost or other basis and sales expenses 898,781,594. Gain or (loss) Net gain or (loss) -18,380,927.             Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 b c 9a b c 10a b c Gross income from gaming activities. See Part IV, line 19 Gross sales of inventory, returns and allowances b 0. less a b Less: cost of goods sold Net income or (loss) from sales of inventory 0. Business Code                    ASSET MANAGEMENT FEES 900099 1,712,504. 1,712,504. MISCELLANEOUS 900099 987,005. 987,005. c d All other revenue e Total. Add lines 11a-11d Total revenue. See instructions. 12 0. a b Less: direct expenses Net income or (loss) from gaming activities Miscellaneous Revenue 11a a b Less: direct expenses Net income or (loss) from fundraising events JSA 5E1051 1.000 5887BC 700W 2,699,509. 128,297,930. 15,045,087. -1,490,990. -5,385,575. Form 0179143.00004 990 (2015) PAGE 11  Form 990 (2015) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Part IX Statement of Functional Expenses 86-6051042 Page 10 Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule O contains a response or note to any line in this Part IX   Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII. (A) Total expenses (B) Program service expenses (C) Management and general expenses (D) Fundraising expenses 1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 2 Grants and other assistance individuals. See Part IV, line 22 to 79,721,324. 79,721,324. domestic    3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and key employees   0. 0. 0. 624,493. 243,327. 277,787. 103,379. 209,365. 7,783,114. 452,454. 3,111,484. 209,365. 4,219,176. 460,023. 1,129,088. 555,502. 30,498. 88,041. 26,042. 213,805. 254,162. 236,268. 215,720. 786,885. 293,192. 42,000. 639,729. 199,171. 424,780. 631,069. 2,566,404. 29,600. 380,384. 71,539. 175,000. 12,400. 258,814. 127,632. 249,780. 2,156,820. 409,584. 1,342,015. 41,214. 1,923,540. 20,832. 892,321. 27,893. 369,595. 425,760. 767,404. 162,773. 334,144. 27,041. 179,989. 1,310,671. 129,940. 153,981. 168,857. 64,821. 1,041,917. 46,388. 520,958. 324,432. 139,369. 314,719. 142,772. 5. 3,729,001. 1,456,240. 633,580. 320,772. 3,201,548. 1,456,240. 350,809. 293,847. 72,896. 454,557. 147,874. 26,925. 134,897. 112,071,977. 95,066,273. 8,423,738. 8,581,966. 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)                                                 7 Other salaries and wages 8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 9 Other employee benefits 10 Payroll taxes Fees for services (non-employees): a Management 11 b Legal c Accounting d Lobbying e Professional fundraising services. See Part IV, line 17 f Investment management fees g Other. 531. 631,069. (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O.) 12 Advertising and promotion 13 Office expenses 14 Information technology 15 Royalties 16 Occupancy 17 Travel 18 Payments of travel or entertainment expenses for any federal, state, or local public officials 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 Depreciation, depletion, and amortization 23 Insurance 24 Other      expenses. Itemize expenses not 3,001,740. 231,880. 2,627,279. 473,633. 0. 309,929. 1,633,509. 0. 184,180. 1,562,875. 0. 639,151. 282,146. 72,971. covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.) a CULTIVATION b BRICKYARD RENTAL EXPENSES c FEES & SUBSCRIPTIONS d ALL OTHER EXPENSES e All other expenses        25 Total functional expenses. Add lines 1 through 24e 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720) JSA 5E1052 1.000 5887BC 700W 0. Form 0179143.00004 990 (2015) PAGE 12  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 990 (2015) Net Assets or Fund Balances Liabilities Assets Part X Page Balance Sheet Check if Schedule O contains a response or note to any line in this Part X     1 2 3 4 5 Cash - non-interest-bearing Savings and temporary cash investments Pledges and grants receivable, net Accounts receivable, net Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L 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 organizations (see instructions). Complete Part II of Schedule L                                                       Notes and loans receivable, net Inventories for sale or use Prepaid expenses and deferred charges Land, buildings, and equipment: cost or 84,884,994. 10a other basis. Complete Part VI of Schedule D 11,281,509. 10b b Less: accumulated depreciation 11 Investments - publicly traded securities 12 Investments - other securities. See Part IV, line 11 13 Investments - program-related. See Part IV, line 11 14 Intangible assets 15 Other assets. See Part IV, line 11 16 Total assets. Add lines 1 through 15 (must equal line 34) Accounts payable and accrued expenses 17 Grants payable 18 Deferred revenue 19 Tax-exempt bond liabilities 20 Escrow or custodial account liability. Complete Part IV of Schedule D 21 Loans and other payables to current and former officers, directors, 22 trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II of Schedule L Secured mortgages and notes payable to unrelated third parties 23 Unsecured notes and loans payable to unrelated third parties 24 Other liabilities (including federal income tax, payables to related third 25 parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D Total liabilities. Add lines 17 through 25 26 X and Organizations that follow SFAS 117 (ASC 958), check here complete lines 27 through 29, and lines 33 and 34. 7 8 9 10 a                                      27 28 29                                                                                         Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets Organizations that do not follow SFAS 117 (ASC 958), check here complete lines 30 through 34. 30 31 32 33 34 86-6051042 Capital stock or trust principal, or current funds Paid-in or capital surplus, or land, building, or equipment fund Retained earnings, endowment, accumulated income, or other funds Total net assets or fund balances Total liabilities and net assets/fund balances (A) Beginning of year 11 X (B) End of year 1 2 3 4 10,335,800. 7,192,366. 132,491,669. 3,454,932. 0. 5 0. 6 7 8 9 0. 0. 0. 0. 14,964,765. 638,175. 112,160,376. 2,637,173. 0. 0. 0. 0. 63,435,523. 10c 340,250,947. 11 394,853,176. 12 0. 13 0. 14 65,981,340. 15 994,921,475. 16 8,227,882. 17 0. 18 67,944. 19 92,860,000. 20 132,665,676. 21 73,603,485. 312,951,927. 399,389,819. 0. 0. 59,910,705. 999,330,703. 8,245,161. 0. 142,944. 92,860,000. 128,692,351. 0. 22 12,830,000. 23 0. 24 0. 10,635,000. 0. 11,753,113. 25 258,404,615. 26 13,853,158. 254,428,614. 32,987,954. 27 286,794,369. 28 416,734,537. 29 25,251,605. 288,409,600. 431,240,884. and 30 31 32 736,516,860. 33 994,921,475. 34 744,902,089. 999,330,703. Form 990 (2015) JSA 5E1053 1.000 5887BC 700W 0179143.00004 PAGE 13             128,297,930.  X  112,071,977.  16,225,953.  736,516,860.  -11,156,346.  0.  0.  0.  3,315,622.  744,902,089.  Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this Part XII                    ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Form 990 (2015) Part XI 1 2 3 4 5 6 7 8 9 10 Page Total revenue (must equal Part VIII, column (A), line 12) Total expenses (must equal Part IX, column (A), line 25) Revenue less expenses. Subtract line 2 from line 1 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) Net unrealized gains (losses) on investments Donated services and use of facilities Investment expenses Prior period adjustments Other changes in net assets or fund balances (explain in Schedule O) Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B)) Part XII 12 Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this Part XI 1 2 3 4 5 6 7 8 9 10  X Accrual Accounting method used to prepare the Form 990: Cash Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O. 2 a Were the organization's financial statements compiled or reviewed by an independent accountant? 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: 1 Separate basis Consolidated basis  X Consolidated basis 2a No X Both consolidated and separate basis b Were the organization's financial statements audited by an independent accountant? 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 Yes 2b X 2c X Both consolidated and separate basis c 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? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. a 3 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-133? b 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 O and describe any steps taken to undergo such audits.  3a X 3b Form 990 (2015) JSA 5E1054 1.000 5887BC 700W 0179143.00004 PAGE 14 SCHEDULE A (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service Name of the organization  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Public Charity Status and Public Support  OMB No. 1545-0047 Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Attach to Form 990 or Form 990-EZ. Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990. Open to Public Inspection Employer identification number AMERICAN UNIVERSITY 86-6051042 Reason for Public Charity Status (All organizations must complete this part.) See instructions. Part I 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 170(b)(1)(A)(i). A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).) 2 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). 3 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the 4 hospital's name, city, and state: 5 X An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). 6 An organization that normally receives a substantial part of its support from a governmental unit or from the general public 7 described in section 170(b)(1)(A)(vi). (Complete Part II.) A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) 8 An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross 9 receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % 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 III.) An organization organized and operated exclusively to test for public safety. See section 509(a)(4). 10 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of 11 one or more publicly supported organizations described in section 509(a)(1) or section 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 11e, 11f, and 11g. 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. 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. c Type III 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. d Type III 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. e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization. f Enter the number of supported organizations g Provide the following information about the supported organization(s).  (i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1-9 above (see instructions)) (iv) Is the organization listed in your governing document? Yes (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions) No (A) (B) (C) (D) (E) Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. JSA 5E1210 1.000 5887BC 700W Schedule A (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 15 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 Page Part II 2 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 III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support 1 2   Calendar year (or fiscal year beginning in) Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.")  (b) 2012 (c) 2013 (d) 2014 92,735,382. 82,237,898. 59,971,207. (e) 2015 108,590,354. 120,129,408. (f) Total 463,664,249. Tax revenues levied for the organization's benefit and either paid to or expended on its behalf   3 The value of services or facilities furnished by a governmental unit to the organization without charge 4 Total. Add lines 1 through 3 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 (f) Public support. Subtract line 5 from line 4. 6 (a) 2011 0. 0. 92,735,382. 82,237,898. 59,971,207. 108,590,354. 120,129,408.           463,664,249. 48,585,001. 415,079,248. Section B. Total Support Calendar year (or fiscal year beginning in) 7 8 9  Amounts from line 4 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources  (a) 2011 (b) 2012 (c) 2013 92,735,382. 82,237,898. 59,971,207. 108,590,354. (d) 2014 120,129,408. (e) 2015 463,664,249. (f) Total 15,861,681. 12,309,729. 12,547,137. 11,086,901. 11,504,362. 63,309,810. Net income from unrelated business activities, whether or not the business is regularly carried on   0. 10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) 11 12 Total support. Add lines 7 through 10 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 78.77  75.63    X   Gross receipts from related activities, etc. (see instructions) 0. 526,974,059. 12 46,037,459. 14 14 Public support percentage for 2015 (line 6, column (f) divided by line 11, column (f)) 15 15 Public support percentage from 2014 Schedule A, Part II, line 14 16a 33 1/3 % support test - 2015. If the organization did not check the box on line 13, and line 14 is 33 1/3 % or more, check this box and stop here. The organization qualifies as a publicly supported organization b 33 1/3 % support test - 2014. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3 % or more, check this box and stop here. The organization qualifies as a publicly supported organization 17a 10%-facts-and-circumstances test - 2015. 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 b 10%-facts-and-circumstances test - 2014. 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 % %       Schedule A (Form 990 or 990-EZ) 2015 JSA 5E1220 1.000 5887BC 700W 0179143.00004 PAGE 16 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 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 Part III Calendar year (or fiscal year beginning in) 1  (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total 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 7 a Amounts included on lines 1, 2, and 3 received from disqualified persons b Amounts included on lines 2 and 3   Section B. Total Support            received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year 8 c Add lines 7a and 7b Public support. (Subtract line 7c from line 6.) Calendar year (or fiscal year beginning in)  9 Amounts from line 6 10 a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources   b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975  c Add lines 10a and 10b 11 12 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)                                                                         13 Total support. (Add lines 9, 10c, 11, 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) and 12.) organization, check this box and stop here Section C. Computation of Public Support Percentage   15 Public support percentage for 2015 (line 8, column (f) divided by line 13, column (f)) 15 16 Public support percentage from 2014 Schedule A, Part III, line 15 16 Section D. Computation of Investment Income Percentage 17 Investment income percentage for 2015 (line 10c, column (f) divided by line 13, column (f)) 17 18 Investment income percentage from 2014 Schedule A, Part III, line 17 18 19 a 33 1/3 % support tests - 2015. If the organization did not check the box on line 14, and line 15 is more than 33 1/3 %, and line 17 is not more than 33 1/3 %, check this box and stop here. The organization qualifies as a publicly supported organization b 33 1/3 % support tests - 2014. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3 %, and 20 line 18 is not more than 33 1/3 %, check this box and stop here. The organization qualifies as a publicly supported organization Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions JSA 5E1221 1.000 5887BC 700W    % % % % Schedule A (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 17 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 4 Supporting Organizations (Complete only if you checked a box in 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 Schedule A (Form 990 or 990-EZ) 2015 Part IV 1 2 3a b c 4a b c 5a b c Are all of the organization’s supported organizations listed by name in the organization’s governing documents? If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe the designation. If historic and continuing relationship, explain. 1 Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2). 2 Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) 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. 3c Was any supported organization not organized in the United States ("foreign supported organization")? If "Yes," and if you checked 11a or 11b in Part I, answer (b) and (c) 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 (2)? If "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 Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes," answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) 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? Substitutions only. Was the substitution the result of an event beyond the organization's control? 5b 5c Did the organization provide support (whether in the form of grants or the provision of services or facilities) to 6 anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or 7 8 9a b c 10 a b benefit one or more of the filing organization’s supported organizations? If "Yes," provide detail in Part VI. 6 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ). 7 Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ). 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 (2))? If "Yes," provide detail in Part VI. Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If "Yes," provide detail in Part VI. Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If "Yes," provide detail in Part VI. Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If "Yes," answer 10b below. 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.) 8 9a 9b 9c 10a 10b Schedule A (Form 990 or 990-EZ) 2015 JSA 5E1229 1.000 5887BC 700W 0179143.00004 PAGE 18 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 Part IV Page 5 Supporting Organizations (continued) Yes No 11 a b c Has the organization accepted a gift or contribution from any of the following persons? A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization? A family member of a person described in (a) above? A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI. 11a 11b 11c Section B. Type I Supporting Organizations Yes No 1 2 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 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 VI 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 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)? If "No," 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 1 Section D. All Type III 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, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) 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 (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how 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 VI the role the organization’s supported organizations played in this regard. 3 Section E. Type III Functionally-Integrated Supporting Organizations 1 a b c 2 a b 3 a b Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions): 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 Activities Test. Answer (a) and (b) below. 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 VI identify 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 (a) 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 Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement. 2b Parent of Supported Organizations. Answer (a) and (b) below. 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 VI the role played by the organization in this regard. 3b Schedule A (Form 990 or 990-EZ) 2015 JSA 5E1230 1.000 5887BC 700W 0179143.00004 PAGE 19 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 Part V Page 6 Type III Non-Functionally Integrated 509(a)(3) 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 III non-functionally integrated supporting organizations must complete Sections A through E. (B) Current Year Section A - Adjusted Net Income (A) Prior Year (optional) 1 Net short-term capital gain 1 2 2 Recoveries of prior-year distributions 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) 7 Other expenses (see instructions) 8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 6 7 8 Section B - Minimum Asset Amount 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 monthly value of securities b Average monthly cash balances c Fair market value of other non-exempt-use assets d Total (add lines 1a, 1b, and 1c) e Discount claimed for blockage or other factors (explain in detail in Part VI): 2 Acquisition indebtedness applicable to non-exempt-use assets 3 Subtract line 2 from line 1d 4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 5 Net value of non-exempt-use assets (subtract line 4 from line 3) 6 Multiply line 5 by .035 7 Recoveries of prior-year distributions 8 Minimum Asset Amount (add line 7 to line 6) (A) Prior Year (B) Current Year (optional) 1a 1b 1c 1d 2 3 4 5 6 7 8 Current Year Section C - Distributable Amount Adjusted net income for prior year (from Section A, line 8, Column A) 1 Enter 85% of line 1 2 Minimum asset amount for prior year (from Section B, line 8, Column A) 3 Enter greater of line 2 or line 3 4 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 Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions). 1 2 3 4 5 Schedule A (Form 990 or 990-EZ) 2015 JSA 5E1231 1.000 5887BC 700W 0179143.00004 PAGE 20 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 Part V Page Section D - Distributions 1 2 3 4 5 6 7 8 9 10 Current Year Amounts paid to supported organizations to accomplish exempt purposes 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 exempt-use 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 2015 from Section C, line 6 Line 8 amount divided by Line 9 amount Section E - Distribution Allocations (see instructions) 1 2 7 Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued) (i) Excess Distributions (ii) Underdistributions Pre-2015 (iii) Distributable Amount for 2015 Distributable amount for 2015 from Section C, line 6 Underdistributions, if any, for years prior to 2015 (reasonable cause required-see instructions) Excess distributions carryover, if any, to 2015: 3 a b c d e f g h i j 4 a b c 5 6 7 8 a b c d e   From 2013 From 2014 Total of lines 3a through e Applied to underdistributions of prior years Applied to 2015 distributable amount Carryover from 2010 not applied (see instructions) Remainder. Subtract lines 3g, 3h, and 3i from 3f. Distributions for 2015 from Section D, line 7: $ Applied to underdistributions of prior years Applied to 2015 distributable amount Remainder. Subtract lines 4a and 4b from 4. Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions). Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions). Excess distributions carryover to 2016. Add lines 3j and 4c. Breakdown of line 7: Excess from 2013 Excess from 2014 Excess from 2015    Schedule A (Form 990 or 990-EZ) 2015 JSA 5E1232 1.000 5887BC 700W 0179143.00004 PAGE 21 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule A (Form 990 or 990-EZ) 2015 Part VI Page 8 Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions). JSA 5E1225 1.000 5887BC 700W Schedule A (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 22 Schedule B (Form 990, 990-EZ, or 990-PF) Department of the Treasury Internal Revenue Service   Attach to Form 990, Form 990-EZ, or Form 990-PF. Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990. Name of the organization  OMB No. 1545-0047 Schedule of Contributors Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 Organization type (check one): Filers of: Section: Form 990 or 990-EZ X 501(c)( 3 ) (enter number) organization 4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 political organization Form 990-PF 501(c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 501(c)(3) 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 X 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 170(b)(1)(A)(vi), 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 (i) Form 990, Part VIII, 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, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III. 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, 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 B (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 H 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 B (Form 990, 990-EZ, or 990-PF). For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-EZ, or 990-PF. Schedule B (Form 990, 990-EZ, or 990-PF) (2015) JSA 5E1251 2.000 5887BC 700W 0179143.00004 PAGE 23 Page 2 Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Name of organization Part I ARIZONA STATE 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. (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution 1 $ Person Payroll Noncash 12,000,000. X (Complete Part II for noncash contributions.) (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution 2 $ Person Payroll Noncash 10,000,000. X (Complete Part II for noncash contributions.) (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution 3 $ Person Payroll Noncash 4,610,570. X (Complete Part II for noncash contributions.) (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution 4 $ Person Payroll Noncash 3,043,200. X (Complete Part II for noncash contributions.) (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution 5 $ Person Payroll Noncash 2,503,000. X (Complete Part II for noncash contributions.) (a) No. (b) Name, address, and ZIP + 4 (c) Total contributions (d) Type of contribution Person Payroll Noncash $ (Complete Part II for noncash contributions.) JSA 5E1253 2.000 5887BC 700W Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 0179143.00004 PAGE 24 Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Name of organization Part II Page ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 3 Employer identification number 86-6051042 Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed. (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ (a) No. from Part I (c) FMV (or estimate) (b) Description of noncash property given (see instructions) (d) Date received $ JSA 5E1254 2.000 5887BC 700W Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 0179143.00004 PAGE 25 Page 4 Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 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 (a) through (e) and the following line entry. For organizations completing Part III, 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 III if additional space is needed. Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Name of organization Part III (a) No. from Part I  (b) Purpose of gift (c) Use of gift (d) Description of how gift is held (e) Transfer of gift Transferee's name, address, and ZIP + 4 (a) No. from Part I (b) Purpose of gift Relationship of transferor to transferee (c) Use of gift (d) Description of how gift is held (e) Transfer of gift Transferee's name, address, and ZIP + 4 (a) No. from Part I (b) Purpose of gift Relationship of transferor to transferee (c) Use of gift (d) Description of how gift is held (e) Transfer of gift Transferee's name, address, and ZIP + 4 (a) No. from Part I (b) Purpose of gift Relationship of transferor to transferee (c) Use of gift (d) Description of how gift is held (e) Transfer of gift Transferee's name, address, and ZIP + 4 JSA 5E1255 3.000 5887BC 700W Relationship of transferor to transferee Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 0179143.00004 PAGE 26 SCHEDULE C (Form 990 or 990-EZ)         Political Campaign and Lobbying Activities For Organizations Exempt From Income Tax Under section 501(c) and section 527 Complete if the organization is described below. Attach to Form 990 or Form 990-EZ. Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990. Department of the Treasury Internal Revenue Service  OMB No. 1545-0047 Open to Public Inspection If the organization answered "Yes," on Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C. Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B. Section 527 organizations: Complete Part I-A only. If the organization answered "Yes," on Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B. Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A. If the organization answered "Yes," on 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 Section 501(c)(4), (5), or (6) organizations: Complete Part III. Name of organization ARIZONA 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. Part I-A 1 2 3 Provide a description of the organization's direct and indirect political campaign activities in Part IV. $ Political expenditures Volunteer hours Part I-B 1 2 3 4a b                     Complete if the organization is exempt under section 501(c)(3). Enter the amount of any excise tax incurred by the organization under section 4955 Enter the amount of any excise tax incurred by organization managers under section 4955 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? Was a correction made? If "Yes," describe in Part IV. Part I-C $ $        Yes No Yes No 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 $ Did the filing organization file Form 1120-POL for this year? Yes No 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 promptly 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. 4 5 (a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly 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 C (Form 990 or 990-EZ) 2015 JSA 5E1264 1.000 5887BC 700W 0179143.00004 PAGE 27   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 2 Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)). X if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's A Check name, address, EIN, expenses, and share of excess lobbying expenditures). ATCH 1 B Check if the filing organization checked box A and "limited control" provisions apply. Schedule C (Form 990 or 990-EZ) 2015 Part II-A 1a b c d e f      Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.) (a) Filing organization's totals Total lobbying expenditures to influence public opinion (grass roots lobbying) Total lobbying expenditures to influence a legislative body (direct lobbying) Total lobbying expenditures (add lines 1a and 1b) Other exempt purpose expenditures Total exempt purpose expenditures (add lines 1c and 1d) Lobbying nontaxable amount. Enter the amount from the following table in both columns. (b) Affiliated group totals 424,780. 424,780. 108,450,262. 108,875,042. 1,000,000. If the amount on line 1e, column (a) or (b) is: The lobbying nontaxable amount is: g h i j Not over $500,000 20% of the amount on line 1e. Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000. Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000. Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000. Over $17,000,000 $1,000,000.     250,000. Grassroots nontaxable amount (enter 25% of line 1f) 0. 0. Subtract line 1g from line 1a. If zero or less, enter -00. 0. Subtract line 1f from line 1c. If zero or less, enter -0If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 Yes No reporting section 4911 tax for this year? 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) 2a Lobbying nontaxable amount (a) 2012 1,000,000. (b) 2013 1,000,000. (c) 2014 1,000,000. (d) 2015 1,000,000. (e) Total 4,000,000. b Lobbying ceiling amount (150% of line 2a, column (e)) c Total lobbying expenditures d Grassroots nontaxable amount 6,000,000. 124,890. 249,780. 249,780. 424,780. 1,049,230. 250,000. 250,000. 250,000. 250,000. 1,000,000. e Grassroots ceiling amount (150% of line 2d, column (e)) 1,500,000. f Grassroots lobbying expenditures Schedule C (Form 990 or 990-EZ) 2015 JSA 5E1265 1.000 5887BC 700W 0179143.00004 PAGE 28 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page Schedule C (Form 990 or 990-EZ) 2015 Part II-B For each "Yes," response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity. 1 a b c d e f g h i j 2a b c d 1 2 a b c 5 Yes (b) No Amount                                                                                                                                          Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6). Were substantially all (90% or more) dues received nondeductible by members? Did the organization make only in-house lobbying expenditures of $2,000 or less? Did the organization agree to carry over lobbying and political expenditures from the prior year? Part III-B 3 4 (a) 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: Volunteers? Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? Media advertisements? Mailings to members, legislators, or the public? Publications, or published or broadcast statements? Grants to other organizations for lobbying purposes? Direct contact with legislators, their staffs, government officials, or a legislative body? Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? Other activities? Total. Add lines 1c 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? Part III-A 1 2 3 3 Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).  No Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, is answered "Yes."     Dues, assessments and similar amounts from members Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for w hich the section 527(f) tax was paid). Current year Carryover from last year Total Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues If notices were sent and the amount on line 2c 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? Taxable amount of lobbying and political expenditures (see instructions) Part IV Yes 1 2 3                                        1 2a 2b 2c 3 4 5 Supplemental Information Provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions); and Part II-B, line 1. Also, complete this part for any additional information. SEE PAGE 4 JSA 5E1266 1.000 5887BC 700W Schedule C (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 29 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule C (Form 990 or 990-EZ) 2015 Part IV 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. Schedule C (Form 990 or 990-EZ) 2015 JSA 5E1500 1.000 5887BC 700W 0179143.00004 PAGE 30 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule C (Form 990 or 990-EZ) 2015 Part IV Page 4 Supplemental Information (continued) ATTACHMENT 1 SCHEDULE C, PART II-A, AFFILIATED ORGANIZATIONS ORGANIZATION NAME: ADDRESS: AZTE VENTURES, CO. 1475 N 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: ADDRESS: ASU FOUNDATION FOR A NEW AMERICAN UNIV P.O. BOX 2260 TEMPE, AZ 85280-2260 EIN: 86-6051042 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: 424,780. 424,780. 108,450,262. 108,875,042. 1,000,000. 250,000. Schedule C (Form 990 or 990-EZ) 2015 JSA 5E1500 1.000 5887BC 700W 0179143.00004 PAGE 31 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule C (Form 990 or 990-EZ) 2015 Part IV Page 4 Supplemental Information (continued) ATTACHMENT 1 (CONT'D) SCHEDULE C, PART II-A, AFFILIATED ORGANIZATIONS ORGANIZATION NAME: ADDRESS: ASU RESEARCH ENTERPRISE 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: ADDRESS: TAYLOR TRUST FBO ASU FOUNDATION 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: Schedule C (Form 990 or 990-EZ) 2015 JSA 5E1500 1.000 5887BC 700W 0179143.00004 PAGE 32 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule C (Form 990 or 990-EZ) 2015 Part IV Page 4 Supplemental Information (continued) ATTACHMENT 1 (CONT'D) SCHEDULE C, PART II-A, AFFILIATED ORGANIZATIONS ORGANIZATION NAME: ADDRESS: RESEARCH COLLABORATORY AT ASU 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: Schedule C (Form 990 or 990-EZ) 2015 JSA 5E1500 1.000 5887BC 700W 0179143.00004 PAGE 33 SCHEDULE D (Form 990) Department of the Treasury Internal Revenue Service Name of the organization  Complete if the organization answered "Yes" on Form 990, Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.  Attach to Form 990. Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990. Open to Public Inspection   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW OMB No. 1545-0047 Supplemental Financial Statements Employer identification number AMERICAN UNIVERSITY 86-6051042 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Part I Complete if the organization answered "Yes" on Form 990, Part IV, line 6.    (a) Donor advised funds (b) 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? 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? 1 2 3 4 5 6 Part II 1 2 a b c d 3 4 5   Yes No Yes No Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7. Purpose(s) of conservation easements held by the organization (check all that apply). Preservation of land for public use (e.g., recreation or education) Preservation of a historically important land area Protection of natural habitat Preservation of a certified historic structure Preservation of open space Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation Held at the End of the Tax Year easement on the last day of the tax year. 2a Total number of conservation easements 2b Total acreage restricted by conservation easements 2c Number of conservation easements on a certified historic structure included in (a) Number o f conservation easements included in (c) acquired af ter 8 /17/06, and not on a 2d historic structure listed in the National Register Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax year Number of states where property subject to conservation easement is located 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, handling of violations, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? Yes In Part XIII, 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 organization's accounting for conservation easements. 9 Part III 1a b 2 a b  $ No Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 8. If the organization elected, as permitted under SFAS 116 (ASC 958), not 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, in Part XIII, 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: (i) Revenue included in Form 990, Part VIII, line 1 $ $ (ii) Assets included in Form 990, Part X 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: Revenue included in Form 990, Part VIII, line 1 $ Assets included in Form 990, Part X $                                                                              For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2015 JSA 5E1268 1.000 5887BC 700W 0179143.00004 PAGE 34 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule D (Form 990) 2015 Part III Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 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 d Loan or exchange programs Scholarly research Other b e Preservation for future generations c Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part 4 XIII. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar Yes No assets to be sold to raise funds rather than to be maintained as part of the organization's collection? 3 Part IV  Escrow and Custodial Arrangements. Complete if the organization answered “Yes” on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.  1 a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X? b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount c Beginning balance 1c d Additions during the year 1d e Distributions during the year 1e f Ending balance 1f 2 a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? b If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII     Part V        (b) Prior year No 1,328,977. -61,655. 48,626. 1,218,696. X Endowment Funds. Complete if the organization answered “Yes” on Form 990, Part IV, line 10. (a) Current year X Yes (c) Two years back (d) Three years back X Yes No (e) Four years back 502,048,855. 489,045,695. 435,282,924. 394,228,823. 403,582,918. 14,088,297. 29,576,062. 14,310,742. 13,841,369. 17,233,377. 1 a Beginning of year balance b Contributions c Net investment earnings, gains, -18,851,821. 5,637,603. 62,628,143. 49,318,255. -6,355,550. and losses d Grants or scholarships e Other expenditures for facilities 17,472,861. 16,477,278. 15,643,818. 15,285,635. 13,688,776. and programs 6,412,443. 5,733,227. 7,532,296. 6,819,888. 6,543,146. f Administrative expenses 473,400,027. 502,048,855. 489,045,695. 435,282,924. 394,228,823. g End of year balance 2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as: 2.5400 % a Board designated or quasi-endowment 77.4400 % b Permanent endowment 20.0200 % c Temporarily restricted endowment The percentages on lines 2a, 2b, and 2c should equal 100%. 3 a Are there endowment funds not in the possession of the organization that are held and administered for the Yes No organization by: X 3a(i) (i) unrelated organizations X 3a(ii) (ii) related organizations 3b b If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R? 4 Describe in Part XIII the intended uses of the organization's endowment funds.       Part VI      Land, Buildings, and Equipment. Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10. Description of property (a) Cost or other basis (investment) (b) Cost or other basis (other) (c) Accumulated depreciation Land 10,166,942. Buildings 50,702,479. 19,612,645. 6,920,203. Leasehold improvements Equipment 4,402,928. 4,361,306. Other Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10c.) 1a b c d e        (d) Book value 10,166,942. 63,394,921. 41,622. 73,603,485. Schedule D (Form 990) 2015 JSA 5E1269 1.000 5887BC 700W 0179143.00004 PAGE 35 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule D (Form 990) 2015 Part VII Page   (a) Description of security or category (including name of security) (1) Financial derivatives (2) Closely-held equity interests (3) Other (A) GLOBAL EQUITIES (B) GLOBAL FIXED INCOME (C) ABSOLUTE RETURN (D) REAL ASSETS (E) PRIVATE CAPITAL (F) OTHER CASH INVESTMENTS (G) (H) Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.) Part VIII (b) Book value 176,200,699. 20,706,781. 78,940,843. 70,703,971. 52,801,045. 36,480.  (c) Method of valuation: Cost or end-of-year market value FMV FMV FMV FMV FMV FMV 399,389,819. Investments - Program Related. Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 13.) Part IX (b) Book value (c) Method of valuation: Cost or end-of-year market value  Other Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15. (a) Description (1) CHARITABLE TRUSTS RECEIVABLE (2) ASSETS WITH LIMITED USE (3) ASSETS HELD UNDER SPLIT-INTERE (4) NET INV IN DIRECT FINANCING (5) CAPITALIZED BOND ISSUANCE COST (6) OTHER ASSETS (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) Part X (b) Book value   3,182,202. 24,617,460. 6,900,393. 22,820,000. 1,446,443. 944,207. 59,910,705. Other Liabilities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25. (a) Description of liability 1. 3 Investments - Other Securities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (1) Federal income taxes (2) OBLIGATIONS UNDER SPLIT-INTEREST AG (3) UNREALIZED SWAP LIABILITY (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) (b) Book value 3,458,564. 10,394,594.  13,853,158. 2. Liability for uncertain tax positions. In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII JSA 5E1270 1.000 5887BC 700W X Schedule D (Form 990) 2015 0179143.00004 PAGE 36 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule D (Form 990) 2015 Part XI 1 2 a b c d e 3 4 a b c 5 1 2 a b c d e 3 4 a b c 5  -11,156,346.    25,469,456.    2,566,404.                                                4 1 140,044,636. 2e 3 14,313,110. 125,731,526. 4c 5 2,566,404. 128,297,930. 2a 2b 2c 2d 4a 4b        2,566,404.  -20,278,564.                                               Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered "Yes" on Form 990, Part IV, line 12a. Total expenses and losses per audited financial statements Amounts included on line 1 but not on Form 990, Part IX, line 25: Donated services and use of facilities Prior year adjustments Other losses Other (Describe in Part XIII.) Add lines 2a through 2d Subtract line 2e from line 1 Amounts included on Form 990, Part IX, line 25, but not on line 1: Investment expenses not included on Form 990, Part VIII, line 7b Other (Describe in Part XIII.) Add lines 4a and 4b Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) Part XIII Page Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered "Yes" on Form 990, Part IV, line 12a. Total revenue, gains, and other support per audited financial statements Amounts included on line 1 but not on Form 990, Part VIII, line 12: Net unrealized gains (losses) on investments Donated services and use of facilities Recoveries of prior year grants Other (Describe in Part XIII.) Add lines 2a through 2d Subtract line 2e from line 1 Amounts included on Form 990, Part VIII, line 12, but not on line 1: Investment expenses not included on Form 990, Part VIII, line 7b Other (Describe in Part XIII.) Add lines 4a and 4b Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) Part XII 86-6051042 1 129,784,137. 2e 3 129,784,137. 4c 5 -17,712,160. 112,071,977. 2a 2b 2c 2d 4a 4b Supplemental Information. Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a 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 Schedule D (Form 990) 2015 JSA 5E1271 1.000 5887BC 700W 0179143.00004 PAGE 37 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Supplemental Information (continued) Schedule D (Form 990) 2015 Part XIII 86-6051042 Page 5 ESCROW AND CUSTODIAL ARRANGEMENTS SCHEDULE D, PART IV, LINE 1B: ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ("ASUF") IS THE SOLE TRUSTEE OF TAYLOR TRUST FBO ASU FOUNDATION ("TAYLOR TRUST"). TAYLOR TRUST'S 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 FOUNDATION'S 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, 2016, AND DOES NOT ANTICIPATE A SIGNIFICANT CHANGE FOR THE FOLLOWING TWELVE MONTHS. AS OF JUNE 30, 2016, THE FOUNDATION'S FISCAL YEARS 2012 THROUGH 2015 FOR THE FEDERAL AND 2011 THROUGH 2015 FOR ARIZONA TAX JURISDICTIONS REMAIN Schedule D (Form 990) 2015 JSA 5E1226 1.000 5887BC 700W 0179143.00004 PAGE 38 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Supplemental Information (continued) Schedule D (Form 990) 2015 Part XIII 86-6051042 Page 5 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 $ (162,010) CHANGE IN ASSETS DUE OTHER ENTITIES $ 5,513,136 UNREALIZED GAIN ON LAND $ BRICKYARD RENTAL EXPENSES $(1,456,240) EXPENSE RECOVERY $19,801,974 REVENUES FROM SEPARATE ENTITIES INCLUDED IN FINANCIALS $ 1,705,115 TOTAL $25,469,456 67,481 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN SCHEDULE D, PART XII, LINE 4B: EXPENSE RECOVERY $(19,801,974) BRICKYARD RENTAL EXPENSES $ EXPENSES FROM SEPARATE ENTITIES INCLUDED IN FINANCIALS $ (1,932,830) TOTAL $(20,278,564) 1,456,240 Schedule D (Form 990) 2015 JSA 5E1226 1.000 5887BC 700W 0179143.00004 PAGE 39 SCHEDULE F (Form 990) Department of the Treasury Internal Revenue Service     Statement of Activities Outside the United States OMB No. 1545-0047 Complete if the organization answered "Yes" on Form 990, Part IV, line 14b, 15, or 16. Attach to Form 990. Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990. Open to Public Inspection Name of the organization Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 AMERICAN UNIVERSITY Part I General Information on Activities Outside the United States. Complete if the organization answered "Yes" on  Form 990, Part IV, line 14b. 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? 1 Yes 2 For grantmakers. Describe in Part V 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.) (a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of service(s) in region No (f) Total expenditures for and investments in region (1) CENTRAL AMERICA/CARIBBEAN INVESTMENTS 145,634,110. (2) EUROPE INVESTMENTS 7,927,869. (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) 3a b c   Sub-total Total from continuation sheets to Part I Totals (add lines 3a and 3b) 153,561,979. 153,561,979. For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule F (Form 990) 2015 JSA 5E1274 1.000 5887BC 700W 0179143.00004 PAGE 40 Page 86-6051042 (a) Name of organization (b) IRS code section and EIN (if applicable) (d) Purpose of grant (e) Amount of cash grant (f) Manner of cash disbursement (g) Amount of non-cash assistance 5887BC 700W 0179143.00004                                                (c) Region (i) Method of valuation (book, FMV, appraisal, other) 2 PAGE 41 Schedule F (Form 990) 2015 (h) Description of non-cash assistance 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 II can be duplicated if additional space is needed. Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter Enter total number of other organizations or entities JSA 5E1275 1.000 3 2 (16) (15) (14) (13) (12) (11) (10) (9) (8) (7) (6) (5) (4) (3) (2) (1) 1 Part II Schedule F (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 86-6051042 (a) Type of grant or assistance (b) Region (c) Number of recipients 0179143.00004 (d) Amount of cash grant (e) Manner of cash disbursement (f) Amount of non-cash assistance (h) Method of valuation (book, FMV, appraisal, other) 3 PAGE 42 Schedule F (Form 990) 2015 (g) Description of non-cash assistance Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16. Part III can be duplicated if additional space is needed. 5887BC 700W JSA 5E1276 1.000 (18) (17) (16) (15) (14) (13) (12) (11) (10) (9) (8) (7) (6) (5) (4) (3) (2) (1) Part III Schedule F (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule F (Form 990) 2015 Part IV 1 2 3 4 5 6 Foreign Forms Page  Was the organization a U.S. 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 U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926) X  Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately 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 U.S. Owner (see Instructions for Forms 3520 and 3520-A; 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.S. Persons With Respect to Certain Foreign Corporations (see Instructions for Form 5471) Yes Yes No X No X Yes No 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) X Yes No 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 U.S. Persons With Respect to Certain Foreign Partnerships (see Instructions for Form 8865) X Yes No    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 separately file Form 5713, International Boycott Report (see Instructions for Form 5713; do not file with Form 990) Yes 4 X No Schedule F (Form 990) 2015 JSA 5E1277 1.000 5887BC 700W 0179143.00004 PAGE 43 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule F (Form 990) 2015 Part V 86-6051042 Page 5 Supplemental Information Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions). Schedule F (Form 990) 2015 JSA 5E1502 1.000 5887BC 700W 0179143.00004 PAGE 44 SCHEDULE G (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service  Supplemental Information Regarding Fundraising or Gaming Activities  Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. Attach to Form 990 or Form 990-EZ.  OMB No. 1545-0047 Open to Public Information about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990. Inspection Name of the organization Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17. Part I Form 990-EZ filers are not required to complete this part. 1 a b c d Indicate whether the organization raised funds through any X Mail solicitations e X X Internet and email solicitations f X Phone solicitations g X In-person solicitations of the following activities. Check all that apply. Solicitation of non-government grants Solicitation of government grants Special fundraising events 2 a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees X Yes or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? No b 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. (i) Name and address of individual or entity (fundraiser) (ii) Activity (iii) Did fundraiser have custody or control of contributions? Yes (iv) Gross receipts from activity (v) Amount paid to (or retained by) fundraiser listed in col. (i) (vi) Amount paid to (or retained by) organization No 1 ATTACHMENT 1 2 3 4 5 6 7 8 9 10  1,459,619. 631,069. 1,191,803. Total 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. AK,AZ,CA,CO,HI,ME,MA,MI,MN,NH,NJ,NY,ND,OH,OK,OR,SC,UT,WA, For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2015 JSA 5E1281 1.000 5887BC 700W 0179143.00004 PAGE 45 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule G (Form 990 or 990-EZ) 2015 Part II Page 2 Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more Revenue 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.          (a) Event #1 (b) Event #2 (c) Other events (event type) (event type) (total number) (d) Total events (add col. (a) through col. (c)) 1 Gross receipts 2 Less: Contributions 3 Gross income (line 1 minus line 2) 4 Cash prizes Direct Expenses 5 Noncash prizes 6 Rent/facility costs 7 Food and beverages 8 Entertainment                        Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more 9 Other direct expenses 10 Direct expense summary. Add lines 4 through 9 in column (d) 11 Net income summary. Subtract line 10 from line 3, column (d) Direct Expenses Revenue Part III than $15,000 on Form 990-EZ, line 6a.       (b) Pull tabs/instant bingo/progressive bingo (a) Bingo 1 Gross revenue 2 Cash prizes 3 Noncash prizes 4 Rent/facility costs 5 Other direct expenses 6 Volunteer labor Yes % No 7 Direct expense summary. Add lines 2 through 5 in column (d)     Yes No 8 Net gaming income summary. Subtract line 7 from line 1, column (d) 9 (d) Total gaming (add col. (a) through col. (c)) (c) Other gaming 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? b If "No," explain: % % Yes No  10 a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? b If "Yes," explain:  Yes No Yes No Schedule G (Form 990 or 990-EZ) 2015 JSA 5E1282 1.000 5887BC 700W 0179143.00004 PAGE 46     ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule G (Form 990 or 990-EZ) 2015 Does the organization conduct gaming activities with nonmembers? Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed to administer charitable gaming? 13 Indicate the percentage of gaming activity conducted in: a The organization's facility 13a b An outside facility 13b Enter the name and address of the person who prepares the organization's gaming/special events books and 14 records: 11 12 Name  Address Name    No   Description of services provided Director/officer   $ Employee Independent contractor Mandatory distributions: Is the organization required under state law to make charitable distributions from the gaming proceeds to retain the state gaming license? b 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 $ a Part IV % %   Supplemental Information. Provide the explanation required by Part I, line 2b, columns (iii) and (v), and  Gaming manager compensation 17 No No Gaming manager information: Name Yes Yes Address 16 3 No  Does the organization have a contract with a third party from whom the organization receives gaming revenue? b If "Yes," enter the amount of gaming revenue received by the organization $ and the amount of gaming revenue retained by the third party $ . c If "Yes," enter name and address of the third party: 15 a Page Yes Yes Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information (see instructions). Schedule G (Form 990 or 990-EZ) 2015 JSA 5E1503 1.000 5887BC 700W 0179143.00004 PAGE 47 5887BC 700W 9820 E. THOMPSON PEAK PKWY LOT 289 SCOTTSDALE AZ 82555 CORPORATE CITIZEN 38 EAST 85TH STREET NEW YORK NY 10028 THE HALLISEY GROUP 1200 WALL STREET WEST LYNDHURST NJ 07071 MARTS & LUNDY 4200 MASSACHUSETTS AVE NW #312 WASHINGTON DC 20016 THE EUDY COMPANY 112 W. FOSTER AVE., SUITE 401 STATE COLLEGE PA 16804 SNAVELY ASSOCIATES, LTD. NAME AND ADDRESS OF FUNDRAISER FUNDRAISER FUNDRAISER CONSULTING FUNDRAISER CONSULTING ACTIVITY 990, SCHEDULE G, PART I - HIGHEST PAID FUNDRAISER ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 0179143.00004 X X X X X DID FUNDRAISER HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS? YES NO 186,000. 1,124,619. GROSS RECEIPTS FROM ACTIVITY 30,000. 37,500. 83,807. 220,316. 249,446. AMOUNT PAID TO (OR RETAINED BY FUNDRAISER ATTACHMENT 1 PAGE 48 148,500. 904,303. AMOUNT PAID TO (OR RETAINED BY ORGANIZATION 86-6051042 ATTACHMENT 1 5887BC 700W 3927 ELM AVENUE LONG BEACH CA 90807 VANDENBERG AND ASSOCIATES FUNDRAISER ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 0179143.00004 X 149,000. 86-6051042 10,000. ATTACHMENT 1 PAGE 49 139,000. ATTACHMENT 1 (CONT'D)  or government 1 (a) Name and address of organization 1818 N STREET NW #600 WASHINGTON, DC 20036 86-0539979 45-3681012 56-0532303 84-6000545 20-2366755 74-3093659 86-0138459 26-0664313 46-4635819 86-0196696 86-0390558 37-0730118 (b) EIN cash assistance grant 10,000. 100,000. 8,000. 18,000. 11,158. 10,000. 24,000. 2,137,500. 280,000. 76,603,473. 20,000. 15,000. (e) Amount of non- (d) Amount of cash For Paperwork Reduction Act Notice, see the Instructions for Form 990. 5887BC 700W (f) Method of valuation (book, FMV, appraisal, other) (g) Description of non-cash assistance 0179143.00004 COMMUNITY OUTREACH COMMUNITY OUTREACH PROGRAM SUPPORT PROGRAM SUPPORT PROGRAM SUPPORT COMMUNITY OUTREACH PROGRAM SUPPORT PROGRAM SUPPORT PROGRAM SUPPORT PROGRAM SUPPORT COMMUNITY OUTREACH COMMUNITY OUTREACH (h) Purpose of grant or assistance No PAGE 50 Schedule I (Form 990) (2015)                                               501(C)(3) 501(C)(3) 501(C)(3) 115 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 115 501(C)(3) 501(C)(3) (c) IRC section if applicable Enter total number of section 501(c)(3) and government organizations listed in the line 1 table Enter total number of other organizations listed in the line 1 table 2 N. CENTRAL AVE STE 2500 PHOENIX, AZ 85004 (12) GREATER PHOENIX ECONOMIC COUNCIL 2415 E. CAMELBACK RD. SUITE 500 (11) EXPECT MORE ARIZONA 100 CAMPUS DRIVE ELON, NC 27244 (10) ELON UNIVERSITY 6003 CAMPUS DELIVERY, 555 S. HOWES ST. (9) COLORADO STATE UNIVERSITY 4040 E. CAMELBACK RD. SUITE 220 (8) COLLEGE SUCCESS ARIZONA 1129 20TH STREET NW #600 (7) CENTER FOR U.S. GLOBAL LEADERSHIP P.O. BOX 872205 TEMPE, AZ 85287 (6) ASU SUN DEVIL CLUB P.O. BOX 877304 TEMPE, AZ 85287 (5) ASU PREPARATORY ACADEMY 2 N. CENTRAL AVE #1600 PHOENIX, AZ 85004 (4) ASU ALUMNI LAW GROUP P.O. BOX 870502 TEMPE, AZ 85287 (3) ARIZONA STATE UNIVERSITY 600 E. WASHINGTON ST. PHOENIX, AZ 85004 (2) ARIZONA SCIENCE CENTER JSA 5E1288 1.000 X Yes Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on 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) AMERICAN SOCIETY FOR ENGINEERING IN EDUCATI 2 3 Open to Public Inspection 86-6051042 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II 2 1  OMB No. 1545-0047 Employer identification number  Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22. Attach to Form 990. Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.  Grants and Other Assistance to Organizations, Governments, and Individuals in the United States ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY General Information on Grants and Assistance Part I Name of the organization Department of the Treasury Internal Revenue Service (Form 990) SCHEDULE I  or government 1 (a) Name and address of organization 200 FIRST STREET SW ROCHESTER, MN 55905 86-0373283 57-6001153 75-6002149 58-6001998 86-0743467 75-0827465 52-1174165 86-0929211 74-2579628 77-0415802 86-0185552 41-1506440 (b) EIN cash assistance grant 10,000. 10,000. 46,000. 66,000. 8,500. 10,000. 10,000. 10,500. 31,069. 7,500. 5,313. 45,000. (e) Amount of non- (d) Amount of cash For Paperwork Reduction Act Notice, see the Instructions for Form 990. 5887BC 700W (f) Method of valuation (book, FMV, appraisal, other) (g) Description of non-cash assistance 0179143.00004 COMMUNITY OUTREACH PROGRAM SUPPORT PROGRAM SUPPORT PROGRAM SUPPORT COMMUNITY OUTREACH PROGRAM SUPPORT COMMUNITY OUTREACH COMMUNITY OUTREACH PROGRAM SUPPORT COMMUNITY OUTREACH PROGRAM SUPPORT COMMUNITY OUTREACH (h) Purpose of grant or assistance No PAGE 51 Schedule I (Form 990) (2015)                                               501(C)(3) 115 115 115 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 115 501(C)(3) 115 501(C)(3) (c) IRC section if applicable Enter total number of section 501(c)(3) and government organizations listed in the line 1 table Enter total number of other organizations listed in the line 1 table 901 E. OSBORNE ROAD, SUITE A (12) VALLEY LEADERSHIP 701 ASSEMBLY ST. COLUMBIA, SC 29208 (11) UNIVERSITY OF SOUTH CAROLINA 1112 DALLAS DR. SUITE 4000 DENTON, TX 76205 (10) UNIVERSITY OF NORTH TEXAS 240A RIVERBEND ROAD BOX 5333 (9) UNIVERSITY OF GEORGIA 6615 NORTH SCOTTSDALE ROAD (8) THE WILLIAMS INSTITUTE TCU BOX 297011 FORT WORTH, TX 76129 (7) TEXAS CHRISTIAN UNIVERSITY 1101 15TH STREET NW SUITE 300 (6) SOCIETY FOR INTERNATIONAL DEVELOPMENT 7949 E. ACOMA DRIVE, SUITE 207 (5) PHOENIX COMMITTEE ON FOREIGN RELATIONS P.O. BOX 4080 FLAGSTAFF, AZ 86011 (4) NORTHERN ARIZONA UNIVERSITY 500 FIFTH STREET NW WASHINGTON, DC 20001 (3) NATIONAL ACADEMY OF EDUCATION 2419 W. 14TH STREET TEMPE, AZ 85281 (2) MCCCD RIO SALADO JSA 5E1288 1.000 X Yes Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on 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) MAYO FOUNDATION FOR MEDICAL EDUCATION & RES 2 3 Open to Public Inspection 86-6051042 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II 2 1  OMB No. 1545-0047 Employer identification number  Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22. Attach to Form 990. Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.  Grants and Other Assistance to Organizations, Governments, and Individuals in the United States ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY General Information on Grants and Assistance Part I Name of the organization Department of the Treasury Internal Revenue Service (Form 990) SCHEDULE I  or government 1 (a) Name and address of organization 1112 E. BUCKLEY ROAD PHOENIX, AZ 85034 115 cash assistance grant 10,000. 18,000. 10,000. 10,000. 20,000. 10,000. 10,000. 16,181. 6,000. (e) Amount of non- (d) Amount of cash 5887BC 700W JSA 5E1288 1.000 (f) Method of valuation (book, FMV, appraisal, other) (g) Description of non-cash assistance 0179143.00004 33. COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH COMMUNITY OUTREACH (h) Purpose of grant or assistance No PAGE 52 Schedule I (Form 990) (2015)                                               501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) 501(C)(3) (c) IRC section if applicable Enter total number of section 501(c)(3) and government organizations listed in the line 1 table Enter total number of other organizations listed in the line 1 table 86-0137589 22-1508812 25-1306992 45-4740292 22-1905062 86-0597661 86-0336473 86-6053009 86-0227210 (b) EIN For Paperwork Reduction Act Notice, see the Instructions for Form 990. 2 3 (12) 1820 WEST WASHINGTON ST. PHOENIX, AZ 85007 (9) LEAGUE OF ARIZONA CITIES AND TOWNS 433 LAS COLINAS BLVD EAST, STE 1330 (8) THE NATIONAL FOOTBALL FOUNDATION 5910 GLOSTER ROAD BETHESDA, MD 20816 (7) THE AMERICAN IRELAND FUND 1402 S. CENTRAL AVE PHOENIX, AZ 85004 (6) ASIAN CHAMBER OF COMMERCE 7047 E. GREENWAY PARKWAY, STE 250 (5) MARINE CORPS SCHOLARSHIP FOUNDATION 500 E. CORONADO RD. PHOENIX, AZ 85004 (4) GOLDWATER INSTITUTE 900 S. MITCHELL DR. TEMPE, AZ 85281 (3) CHILDSPLAY, INC. P.O. BOX 873702 TEMPE, AZ 85287 (2) ASU ALUMNI ASSOCIATION (11) X Yes Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on 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) CHICANOS POR LA CAUSA, INC. (10) Open to Public Inspection 86-6051042 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II 2 1  OMB No. 1545-0047 Employer identification number  Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22. Attach to Form 990. Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.  Grants and Other Assistance to Organizations, Governments, and Individuals in the United States ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY General Information on Grants and Assistance Part I Name of the organization Department of the Treasury Internal Revenue Service (Form 990) SCHEDULE I (a) Type of grant or assistance (b) Number of recipients (c) Amount of cash grant (d) Amount of non-cash assistance FMV, appraisal, other) (e) Method of valuation (book, (f) Description of non-cash assistance Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 22. Part III can be duplicated if additional space is needed. 5E1504 1.000 JSA 5887BC 700W PURPOSES AT THE TIME OF EACH DISBURSEMENT. 0179143.00004 ACCOUNTED FOR AND MONITORED THROUGH THE USE OF ACCOUNTS AND ACCOUNT AFFILIATES, AND OTHER NON-PROFITS FOR ASU RELATED INITIATIVES, WHICH ARE GRANTS PAID CONSIST OF FUNDS PROVIDED TO ARIZONA STATE UNIVERSITY, ITS SCHEDULE I, PART I, LINE 2: Part IV 2 PAGE 53 Schedule I (Form 990) (2015) Page 86-6051042 Supplemental Information. Complete this part to provide the information required in Part I, line 2, Part III, column (b), and any other additional information. PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. 7 6 5 4 3 2 1 Part III Schedule I (Form 990) (2015) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW SCHEDULE J (Form 990) Department of the Treasury Internal Revenue Service Name of the organization   Compensation Information  ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW OMB No. 1545-0047 For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees Complete if the organization answered "Yes" on Form 990, Part IV, line 23. Attach to Form 990. Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990. Open to Public Inspection Employer identification number AMERICAN UNIVERSITY Part I Questions Regarding Compensation 86-6051042 Yes No 1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed on Form 990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items. First-class or charter travel X Travel for companions X Tax indemnification and gross-up payments X X Housing allowance or residence for personal use Payments for business use of personal residence Health or social club dues or initiation fees Personal services (e.g., maid, chauffeur, chef)  Discretionary spending account b 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 "No," complete Part III to explain 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?  1b X 2 X    4a 4b 4c X   5a 5b X X 6a 6b X X 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 III. 3 X Compensation committee X Independent compensation consultant Form 990 of other organizations 4 a b 6 a b 8 9 X W ritten employment contract Compensation survey or study Approval by the board or compensation committee During the year, did any person listed on 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? b Participate in, or receive payment from, a supplemental nonqualified retirement plan? c Participate in, or receive payment from, an equity-based compensation arrangement? If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III. 5 7 X Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5–9. For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of: The organization? Any related organization? If "Yes" to line 5a or 5b, describe in Part III. For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of: The organization? Any related organization? If "Yes" on line 6a or 6b, describe in Part III.    For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments not described on lines 5 and 6? If "Yes," describe in Part III Were any amounts reported on Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe in Part III If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?   For Paperwork Reduction Act Notice, see the Instructions for Form 990. 7 8 X X X X 9 Schedule J (Form 990) 2015 JSA 5E1290 1.000 5887BC 700W 0179143.00004 PAGE 54 Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed. Page 86-6051042 2 (i) 5887BC 700W JSA 5E1291 1.000 16 15 14 13 12 11 10 9 8EXEC. VP & MANAGING DIRECTOR GRETCHEN BUHLIG 7EXEC. VP & MANAGING DIRECTOR JOSHUA FRIEDMAN 6EXECUTIVE DIRECTOR - AZTE KENNETH POLASKO 5CHIEF DEVELOPMENT OFFICER DANIEL SAFTIG (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (i) (ii) AUGUSTINE CHENG (ii) (i) (ii) 4MANAGING DIRECTOR - AZTE 3GEN COUNSEL/VP ENT DEV, SECR. MARCEL VALENTA 2CFO AND TREASURER VIRGINIA DESANTO (i) (ii) R.F. SHANGRAW, JR. 1DIRECTOR, PRESIDENT AND CEO (A) Name and Title 410,081. 0. 216,905. 0. 213,369. 0. 379,055. 0. 291,260. 0. 250,235. 0. 258,760. 0. 256,758. 0. (i) Base compensation 77,000. 0. 10,000. 0. 16,000. 0. 124,988. 0. 20,000. 0. 25,000. 0. 20,000. 0. 10,000. 0. (ii) Bonus & incentive compensation 111,250. 0. 16,193. 0. 16,134. 0. 18,550. 0. 18,550. 0. 18,250. 0. 18,432. 0. 18,550. 0. (C) Retirement and other deferred compensation 0179143.00004 5,793. 0. 552. 0. 366. 0. 51,442. 0. 1,041. 0. 1,325. 0. 0. 0. 0. 0. (iii) Other reportable compensation (B) Breakdown of W-2 and/or 1099-MISC compensation 37,399. 0. 18,793. 0. 26,997. 0. 17,934. 0. 27,983. 0. 26,188. 0. 2,462. 0. 783. 0. (D) Nontaxable benefits 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. (F) Compensation in column (B) reported as deferred on prior Form 990 PAGE 55 Schedule J (Form 990) 2015 641,523. 0. 262,443. 0. 272,866. 0. 591,969. 0. 358,834. 0. 320,998. 0. 299,654. 0. 286,091. 0. (E) Total of columns (B)(i)-(D) For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII. Note: The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual. Part II Schedule J (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 86-6051042 3 THE GROSS-UPS ARE TREATED AS 5E1505 1.000 JSA 5887BC 700W 0179143.00004 TAXABLE COMPENSATION ON FORM W-2 AND REPORTED ON SCHEDULE J, PART II, AND REIMBURSEMENT FOR INTERNET EXPENSES. TO AMOUNTS PAID TO HIM FOR HIS HOUSING ALLOWANCE, TAXABLE SPOUSAL TRAVEL, THE MANAGING DIRECTOR OF AZTE RECEIVES TAX GROSS-UP PAYMENTS IN RELATION SCHEDULE J, PART I, LINE 1A: TAX INDEMNIFICATION AND GROSS-UP PAYMENTS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). AND HIS SPOUSE, WHICH IS TREATED AS TAXABLE COMPENSATION ON FORM W-2 AND THE MANAGING DIRECTOR OF AZTE RECEIVES TRAVEL REIMBURSEMENTS FOR HIMSELF SCHEDULE J, PART I, LINE 1A: TRAVEL FOR COMPANIONS (B)(III). COMPENSATION ON FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN ("AZTE") RECEIVES A HOUSING ALLOWANCE, WHICH IS TREATED AS TAXABLE THE MANAGING DIRECTOR OF ARIZONA SCIENCE AND TECHNOLOGY ENTERPRISES SCHEDULE J, PART I, LINE 1A: HOUSING ALLOWANCE PAGE 56 Schedule J (Form 990) 2015 Part III Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information. Schedule J (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 86-6051042 3 THE MEMBERSHIP IS NON-TAXABLE 5E1505 1.000 JSA 5887BC 700W 0179143.00004 ASUF HAS SET-UP A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE SCHEDULE J, PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TERMINATION WITHOUT CAUSE. PAYABLE FOR THE REMAINDER OF THE TERM FOR HIS EMPLOYMENT AGREEMENT UPON EMPLOYMENT AGREEMENT, WHICH PROVIDES FOR A PAYMENT OF HIS BASE SALARY THE PRESIDENT AND CEO HAS A SEVERANCE ARRANGEMENT AS A PART OF HIS SCHEDULE J, PART I, LINE 4A: SEVERANCE ARRANGEMENTS II, COLUMN (D). TO THE PRESIDENT AND CEO AND REPORTED AS COMPENSATION ON SCHEDULE J, PART SOCIAL CLUB TO USE FOR BUSINESS PURPOSES. ASUF PROVIDES THE PRESIDENT AND CEO WITH A MEMBERSHIP TO A HEALTH AND SCHEDULE J, PART I, LINE 1A: HEALTH OR SOCIAL CLUB DUES COLUMN (B)(III). PAGE 57 Schedule J (Form 990) 2015 Part III Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information. Schedule J (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 86-6051042 3 FOR AZTE, A SINGLE 5E1505 1.000 JSA 5887BC 700W FOR ARIZONA STATE UNIVERSITY. 0179143.00004 AS ITS SOLE MEMBER, ASUF HAS DELEGATED TEAM OF ITS SUBSIDIARY, AZTE, WHICH PROVIDES TECHNOLOGY TRANSFER SERVICES ASUF'S FIVE HIGHEST PAID EMPLOYEES INCLUDE TWO MEMBERS OF THE MANAGEMENT SCHEDULE J, PART II: QUESTIONS REGARDING COMPENSATION THE BOARD'S OVERALL SATISFACTION OF THE MANAGING DIRECTOR'S PERFORMANCE. APPROVE DISCRETIONARY BONUSES WITHOUT FIXED AMOUNT CALCULATIONS BASED ON THE MANAGING DIRECTOR ALLOWS FOR THE BOARD OF DIRECTORS OF AZTE TO MEMBER LIMITED LIABILITY COMPANY OF ASUF, THE COMPENSATION CONTRACT FOR SUCCESS BENCHMARKS STATED IN EMPLOYMENT CONTRACTS. FOR ASUF, NON-FIXED PAYMENTS ARE BASED ON COMPENSATION AGREEMENTS AND SCHEDULE J, PART I, LINE 7: NON-FIXED PAYMENTS ARE REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN (C). DEFERRALS INTO THIS PLAN FOR THE 2015 CALENDAR YEAR TOTALED $74,700 AND NONQUALIFIED PLAN IN AN AMOUNT EQUAL TO 18% OF HIS ANNUAL BASE SALARY. PRESIDENT AND CEO, IN WHICH ASUF PROVIDES AN ANNUAL CONTRIBUTION TO THE PAGE 58 Schedule J (Form 990) 2015 Part III Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information. Schedule J (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 86-6051042 3 5E1505 1.000 JSA 5887BC 700W 0179143.00004 DIRECTORS FOR AZTE, INCLUDING OPERATIONAL ACTIVITIES AND COMPENSATION. RESPONSIBILITY FOR MANAGEMENT OF AZTE TO THE SEVEN-MEMBER BOARD OF PAGE 59 Schedule J (Form 990) 2015 Part III Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information. Schedule J (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW  86-0439481 C THE INDUSTRIAL DEV. AUTH. OF THE CITY OF TEMPE, AZ 12/16/2014 04/22/2014 07/01/2004 (d) Date issued 5887BC 700W JSA 5E1295 1.000 For Paperwork Reduction Act Notice, see the Instructions for Form 990. (f) Description of purpose A X No X B X Yes X No X No X X X Yes 2004 Yes X X X No X Yes 2004 38,550,748. 499,252. 277,740. 21,547,254. 39,050,000. B 22,476,162. 651,168. A Yes X X X No (g) Defeased Yes X C X X No X X No Yes Yes Yes X X X D D No (h) On behalf of issuer No No Yes X X X No (i) Pooled financing PAGE 60 Schedule K (Form 990) 2015 15,992,643. X Inspection 86-6051042 15,443,647. Yes  Open to Public OMB No. 1545-0047 Employer identification number 31,436,290. C 31,390,000. ACQUIRE, IMPROVE, & EQUIP FACILITY 39,050,000. REFUND ISSUE 22,420,000. ACQUIRE, IMPROVE, & EQUIP FACILITY (e) Issue price 0179143.00004 1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? 2 Are there any lease arrangements that may result in private business use of bond-financed property? Private Business Use   Were the bonds issued as part of a current refunding issue? Were the bonds issued as part of an advance refunding issue? Has the final allocation of proceeds been made? Does the organization maintain adequate books and records to support the final allocation of proceeds? 14 15 16 17 Part III Amount of bonds retired Amount of bonds legally defeased Total proceeds of issue Gross proceeds in reserve funds Capitalized interest from proceeds Proceeds in refunding escrows Issuance costs from proceeds Credit enhancement from proceeds Working capital expenditures from proceeds Capital expenditures from proceeds Other spent proceeds Other unspent proceeds Year of substantial completion 1 2 3 4 5 6 7 8 9 10 11 12 13 Part II NONE NONE 87972MAB8 (c) CUSIP #                  86-0439481 B THE INDUSTRIAL DEV. AUTH. OF THE CITY OF TEMPE, AZ Proceeds 86-0439481 A THE INDUSTRIAL DEV. AUTH. OF THE CITY OF TEMPE, AZ D (b) Issuer EIN (a) Issuer name Complete if the organization answered "Yes" on Form 990, Part IV, line 24a. Provide descriptions, explanations, and any additional information in Part VI. Attach to Form 990. Information about Schedule K (Form 990) and its instructions is at www.irs.gov/form990. Supplemental Information on Tax-Exempt Bonds   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Part I Bond Issues Name of the organization Department of the Treasury Internal Revenue Service SCHEDULE K (Form 990) ASU FOUNDATION                                                Private Business Use (Continued) 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 501(c)(3) organization, or a state or local government Total of lines 4 and 5 Does the bond issue meet the private security or payment test? 5 a b c              Arbitrage 5887BC 700W B X X X X No X X X X No 30.000 X X BANK OF AMERICA X Yes X B X X X X No % % % % Yes X A X X X X No 86-6051042 X X Yes X A 0179143.00004 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? If "No" to line 1, did the following apply? Rebate not due yet? Exception to rebate? No rebate due? If “Yes” to line 2c, provide in Part VI the date the rebate computation was performed Is the bond issue a variable rate issue? Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? Name of provider Term of hedge Was the hedge superintegrated? Was the hedge terminated? JSA 5E1296 1.000 b c d e 3 4a 2 1 Part IV c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? 9 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 1.141-12 and 1.145-2? b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of nongovernmental person other than a 501(c)(3) organization since the bonds were issued? 8 a Has there been a sale or disposition of any of the bond-financed property to a 6 7 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government 4 d 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? c Are there any research agreements that may result in private business use of bond-financed property? counsel to review any management or service contracts relating to the financed property? b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside Yes ASU FOUNDATION ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 3 a Are there any management or service contracts that may result in private business use of bond-financed property? Part III Schedule K (Form 990) 2015 % % % % Yes X Yes C C X X X X X X No X X X X No Yes D D No No % % % % 2 PAGE 61 Schedule K (Form 990) 2015 % % % % Yes Page the       Procedures To Undertake Corrective Action Arbitrage (Continued) Were any gross proceeds invested beyond an available temporary period? Has the organization established written procedures to monitor requirements of section 148? Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? Yes A A No X No Yes X Yes B B 86-6051042 No X X No Yes X Yes 0179143.00004 X X X Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions). 5887BC 700W JSA 5E1328 1.000 Part VI Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X X Yes ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Were gross proceeds invested in a guaranteed investment contract (GIC)? Name of provider Term of GIC Part V 5a b c d 6 7 Part IV Schedule K (Form 990) 2015 C C No X X No D D No No 3 PAGE 62 Schedule K (Form 990) 2015 Yes Yes Page 5887BC 700W ON 6/30/2014. 0179143.00004 THE REBATE COMPUTATION FOR THE 2004 BOND IN COLUMN A WAS LAST PERFORMED SCHEDULE K, PART IV, LINE 2C: REPRESENTS ACCRUED INTEREST INCOME. THE TOTAL PROCEEDS OF ISSUE IN PART II, LINE 3 FOR BOND A AND BOND C THE DIFFERENCE BETWEEN THE ISSUE PRICE LISTED IN PART I, COLUMN (E) AND SCHEDULE K, PART II, LINE 3, BOND A AND BOND C: 10/28/2003. THE BOND ISSUED 04/22/2014 WAS USED TO REFUND A BOND ORIGINALLY ISSUED ON JSA 5E1511 1.000 86-6051042 Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions) (Continued) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW SCHEDULE K, PART I, BOND B: Part VI Schedule K (Form 990) 2015 4 PAGE 63 Schedule K (Form 990) 2015 Page SCHEDULE L (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service Name of the organization   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW  Transactions With Interested Persons OMB No. 1545-0047 Complete if the organization answered "Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b. Attach to Form 990 or Form 990-EZ. Open To Public Inspection Information about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990. Employer identification number AMERICAN UNIVERSITY 86-6051042 Part I 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 25a or 25b, or Form 990-EZ, Part V, line 40b. 1 (a) Name of disqualified person (1) (2) (3) (4) (5) (6) 2 3 (b) Relationship between disqualified person and organization   Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization Part II (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? To Total Corrected? Yes No $ $ Loans to and/or 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, or 22. (a) Name of interested person (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (d) (c) Description of transaction (e) Original principal amount (f) Balance due From (g) In default? (h) Approved (i) Written by board or agreement? committee? Yes No Yes No Yes No                                          Part III $ Grants or Assistance Benefiting Interested Persons. Complete if the organization answered “Yes” on Form 990, Part IV, line 27. (a) Name of interested person (b) Relationship between interested (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance person and the organization (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule L (Form 990 or 990-EZ) 2015 JSA 5E1297 1.000 5887BC 700W 0179143.00004 PAGE 64 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Page 2 Schedule L (Form 990 or 990-EZ) 2015 Part IV Business Transactions Involving Interested Persons. Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c. (a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues? Yes (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) SYBIL FRANCIS Part V FAMILY MEMBER OF DIRECTOR 209,365. COMPENSATION FOR EMPLOYMENT No X Supplemental Information Provide additional information for responses to questions on Schedule L (see instructions). JSA 5E1507 1.000 Schedule L (Form 990 or 990-EZ) 2015 5887BC 700W 0179143.00004 PAGE 65 SCHEDULE M (Form 990)   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW  OMB No. 1545-0047 Noncash Contributions Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. Department of the Treasury Internal Revenue Service Name of the organization Attach to Form 990. Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990. Employer identification number AMERICAN UNIVERSITY Types of Property Part I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29             Open To Public Inspection 86-6051042 (a) Check if applicable (b) Number of contributions or items contributed (c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g (d) Method of determining noncash contribution amounts Art - Works of art Art - Historical treasures Art - Fractional interests Books and publications Clothing and household goods Cars and other vehicles Boats and planes Intellectual property X 57. 13,547,415. FAIR MARKET VALUE Securities - Publicly traded Securities - Closely held stock Securities - Partnership, LLC, or trust interests Securities - Miscellaneous Qualified conservation contribution - Historic structures Qualified conservation contribution - Other Real estate - Residential Real estate - Commercial Real estate - Other Collectibles Food inventory Drugs and medical supplies Taxidermy Historical artifacts Scientific specimens Archeological artifacts Other ( ) Other ( ) Other ( ) Other ( ) Number of Forms 8283 received by the organization during the tax year for contributions for 29 which the organization completed Form 8283, Part IV, Donee Acknowledgement Yes No                   30a During the year, did the organization receive by contribution any property reported in Part I, 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? b If “Yes,” describe the arrangement in Part II. 31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions? 32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash contributions? b If “Yes,” describe in Part II. 33 If the organization did not report an amount in column (c) for a type of property for which column (a) is checked, describe in Part II.   For Paperwork Reduction Act Notice, see the Instructions for Form 990. 30a X 31 X 32a X Schedule M (Form 990) (2015) JSA 5E1298 1.000 5887BC 700W 0179143.00004 PAGE 66 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Schedule M (Form 990) (2015) Part II 86-6051042 Page 2 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 (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information. SCHEDULE M, PART I, LINE 9, COLUMN (B): THE ORGANIZATION IS REPORTING TO NUMBER OF CONTRIBUTIONS IN COLUMN (B). 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. Schedule M (Form 990) (2015) JSA 5E1508 1.000 5887BC 700W 0179143.00004 PAGE 67 SCHEDULE O (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service 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. Attach to Form 990 or 990-EZ. Name of the organization  OMB No. 1545-0047 Open to Public Inspection Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D: THE ASU FOUNDATION PROVIDED OVER $32 MILLION TO SUPPORT THE EDUCATION, PUBLIC SERVICE AND OTHER ACTIVITIES OF ARIZONA STATE UNIVERSITY. IN ADDITION TO THE NEAR $5 MILLION OF PROGRAM REVENUE, ASU FOUNDATION PROVIDED OVER $71 MILLION OF CONTRIBUTIONS IN SUPPORT OF THESE ACTIVITIES. FUNDRAISING EVENTS FORM 990, PART V, LINES 7A AND 7B: ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ("ASUF") 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 11B: ASUF'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT IS SUBMITTED TO ASUF'S 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 O (Form 990 or 990-EZ) (2015) JSA 5E1227 1.000 5887BC 700W 0179143.00004 PAGE 68 Schedule O (Form 990 or 990-EZ) 2015 Page Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY WITH THE AUDIT COMMITTEE. 2 Employer identification number 86-6051042 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 INTEREST/COMMITTMENT 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 PRESIDENT/CEO 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 FOUNDATION'S 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 ("AZTE"), A SINGLE MEMBER JSA 5E1228 1.000 5887BC 700W Schedule O (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 69 Schedule O (Form 990 or 990-EZ) 2015 Page Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 2 Employer identification number 86-6051042 LIMITED LIABILITY COMPANY CONTROLLED BY ASUF, THE CEO'S 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 AZTE'S 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 ORGANIZATION'S WEBSITE. THE ORGANIZATION'S 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 AZTE'S 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 VIII 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, 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 FOUNDATION'S ROLE IN SUPPORT OF ASU. JSA 5E1228 1.000 5887BC 700W ASUF'S FUNDRAISING EXPENSES SUPPORT ACTIVITIES Schedule O (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 70 Schedule O (Form 990 or 990-EZ) 2015 Page Name of the organization 2 Employer identification number ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 86-6051042 THAT GENERATE CONTRIBUTIONS THAT GO DIRECTLY TO ENTITIES OTHER THAN ITSELF, SUCH AS ASU AND OTHER ASU AFFILIATES; THUS, NOT ALL FUNDRAISING RESULTS GENERATED THROUGH ASUF'S EFFORTS ARE REFLECTED IN THE CONTRIBUTION TOTALS ON ASUF'S FORM 990. REVISION TO PRIOR YEAR BALANCE SHEET FORM 990, PART X: THE PRIOR YEAR BALANCE SHEET FOR LINE 17, "ACCOUNTS PAYABLE AND ACCRUED EXPENSES" AND LINE 19, "DEFERRED REVENUE" HAS BEEN REVISED FROM THE ORIGINAL FORM 990 TO ACCURATELY REPORT DEFERRED REVENUE, WHICH HAS BEEN MOVED FROM LINE 17 TO LINE 19. THERE HAS BEEN NO CHANGE TO TOTAL ASSETS, LIABILITIES, OR NET ASSETS AS A RESULT OF THIS REVISION. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9: CHANGE IN ASSETS DUE TO OTHER ORGANIZATIONS: $5,513,136 CHANGE IN UNREALIZED SWAP VALUE: $(2,097,434) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: $(162,010) UNREALIZED GAIN ON LAND: $67,481 AZTE VENTURES, CO. EXPENSES: ($5,551) ATTACHMENT 1 990, PART VII- COMPENSATION OF THE FIVE HIGHEST PAID IND. CONTRACTORS NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION PERELLA WEINBERG PARNTERS 757 5TH AVENUE NEW YORK, NY 10153 INVESTMENT MGMT. 2,036,054. IRELL AND MANELLA LLP 1800 AVENUE OF THE STARS, SUITE 900 LOS ANGELES, CA 90067 LEGAL - AZTE 1,531,024. JSA 5E1228 1.000 5887BC 700W Schedule O (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 71 Schedule O (Form 990 or 990-EZ) 2015 Page Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY 2 Employer identification number 86-6051042 ATTACHMENT 1 (CONT'D) 990, PART VII- COMPENSATION OF THE FIVE HIGHEST PAID IND. CONTRACTORS NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION TRINITY WORKS LLC P.O. BOX 12206 FT. WORTH, TX 76110 CONSULTING 720,000. DUFF & PHELPS LLC 55 E. 52ND STREET, 31ST FLOOR NEW YORK, NY 10055 LEGAL - AZTE 478,340. WORLDWIDE JET CHARTER 22601 NORTH 17TH AVENUE, SUITE 220 PHOENIX, AZ 85027 BUSINESS TRAVEL 416,011. JSA 5E1228 1.000 5887BC 700W Schedule O (Form 990 or 990-EZ) 2015 0179143.00004 PAGE 72    Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990. Attach to Form 990. Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. (a) Name, address, and EIN (if applicable) of disregarded entity (b) Primary activity (c) Legal domicile (state or foreign country) (d) Total income Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.  (e) End-of-year assets (f) Direct controlling entity 86-6051042 Employer identification number Open to Public Inspection OMB No. 1545-0047 P.O. BOX 2260 RESEARCH COLLABORATORY AT ASU P.O. BOX 2260 TEMPE, AZ 85280 46-3815674 TEMPE, AZ 85280 90-0868685 TEMPE, AZ 85280 86-6252445 5E1307 1.000 JSA 5887BC 700W For Paperwork Reduction Act Notice, see the Instructions for Form 990. (7) (6) (5) (4) (3) (2) ASU RESEARCH ENTERPRISE P.O. BOX 2260 (1) TAYLOR TRUST FBO ASU FOUNDATION (a) Name, address, and EIN of related organization SUPPORT SUPPORT SUPPORT (b) Primary activity 0179143.00004 AZ AZ AZ (c) Legal domicile (state or foreign country) 501(C)(3) 501(C)(3) 501(C)(3) Exempt Code section (d) 07 09 11-I (e) Public charity status (if section 501(c)(3)) ASUF ASUF ASUF X X X Yes No (g) Section 512(b)(13) controlled entity? PAGE 73 Schedule R (Form 990) 2015 (f) Direct controlling entity 86-6051042 (1) AZ SCIENCE & TECHNOLOGY ENTERPRISES LLC P.O. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 8,286,866. 11,907,635. ASUF 86-6051042 (2) ASUF, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 4,276,474. 39,510,109. ASUF 86-6051042 (3) ASUF BRICKYARD, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 2,817,278. 51,572,055. ASUF 86-6051042 (4) ASUF SCOTTSDALE, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 535,239. 12,361,099. ASUF 86-6051042 (5) ASUF DUPONT, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 236,063. 17,328. ASUF 86-6051042 (6) ISW TECHNOLOGIES, LLC 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 Part II one or more related tax-exempt organizations during the tax year. Part I 86-6051042 Related Organizations and Unrelated Partnerships ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Name of the organization Department of the Treasury Internal Revenue Service SCHEDULE R (Form 990) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW    Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990. Attach to Form 990. Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. (a) Name, address, and EIN (if applicable) of disregarded entity (b) Primary activity (c) Legal domicile (state or foreign country) (d) Total income Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.  (e) End-of-year assets (f) Direct controlling entity 86-6051042 Employer identification number Open to Public Inspection OMB No. 1545-0047 5E1307 1.000 JSA 5887BC 700W For Paperwork Reduction Act Notice, see the Instructions for Form 990. (7) (6) (5) (4) (3) (2) (1) (a) Name, address, and EIN of related organization (b) Primary activity 0179143.00004 (c) Legal domicile (state or foreign country) Exempt Code section (d) (e) Public charity status (if section 501(c)(3)) Yes No (g) Section 512(b)(13) controlled entity? PAGE 74 Schedule R (Form 990) 2015 (f) Direct controlling entity 86-6051042 (1) RH TECHNOLOGIES, LLC P.O. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 0. 0. AZTE 86-6051042 (2) 3D CELL TECHNOLOGIES, LLC P.O. BOX 2260 TEMPE, AZ 85280 INTELLEC PROP AZ 0. 0. AZTE 86-6051042 (3) ASUF REALTY, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0. 0. ASUF 86-6051042 (4) ASUF DC, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 1,219,334. 37,102,015. ASUF 86-6051042 (5) UNIVERSITY REALTY, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0. 0. ASUF 86-6051042 (6) MCDOWELL WAREHOUSE, LLC P.O. BOX 2260 TEMPE, AZ 85280 REAL ESTATE AZ 0. 0. UR Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had Part II one or more related tax-exempt organizations during the tax year. Part I 86-6051042 Related Organizations and Unrelated Partnerships ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Name of the organization Department of the Treasury Internal Revenue Service SCHEDULE R (Form 990) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW    Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990. Attach to Form 990. Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. JSA 5E1307 1.000 86-6051042 REAL ESTATE (b) Primary activity AZ (c) Legal domicile (state or foreign country) (d) Total income 0.  (f) Direct controlling entity 0. UR (e) End-of-year assets 86-6051042 Employer identification number Open to Public Inspection OMB No. 1545-0047 (a) Name, address, and EIN of related organization 5887BC 700W (b) Primary activity 0179143.00004 (c) Legal domicile (state or foreign country) Exempt Code section (d) (e) Public charity status (if section 501(c)(3)) Yes No (g) Section 512(b)(13) controlled entity? PAGE 75 Schedule R (Form 990) 2015 (f) Direct controlling entity 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-exempt organizations during the tax year. For Paperwork Reduction Act Notice, see the Instructions for Form 990. (7) (6) (5) (4) (3) (2) (1) Part II (6) (5) (4) (3) (2) TEMPE, AZ 85280 (a) Name, address, and EIN (if applicable) of disregarded entity Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. (1) MIRABELLA ASU TEMPE, LLC P.O. BOX 2260 Part I 86-6051042 Related Organizations and Unrelated Partnerships ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Name of the organization Department of the Treasury Internal Revenue Service SCHEDULE R (Form 990) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW (b) Primary activity (c) Legal domicile (state or foreign country) (d) Direct controlling entity (a) Name, address, and EIN of related organization 27-0151042 36-4831153 36-4831242 (6) GLOBAL UNIVERSITY ASSOCIATE I, LLC (7) GLOBAL UNIVERSITY ASSOCIATE II, LLC P.O. BOX 2260 TEMPE, AZ 85280 P.O. BOX 2260 TEMPE, AZ 85280 P.O. BOX 2260 TEMPE, AZ 85280 81-1792379 HK (5) TEOTIHUACAN HOLDINGS, LLC RM 502-3 COMM. HOUSE 35 QUEEN'S RD. HONG KONG, (4) RCASU HONG KONG LIMITED 355 MADISON AVE NEW YORK, NY 10017 (3) HARD ASSETS 2X FUND, LTD. FOREIGNUS 1475 N. SCOTTSDALE RD. STE. 200 SCOTTSDALE, AZ 85257 (2) CHARITABLE REMAINDER TRUST (20) 5887BC 700W JSA 5E1308 1.000 (e) Predominant income (related, unrelated, excluded from tax under sections 512-514) (f) Share of total income (g) Share of end-ofyear assets (h) Yes No allocations? Disproportionate (i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065) (j) Yes No General or managing partner? EDUCATION EDUCATION HOLDING CO. HOLDING CO. INVESTING CHARIT REM TR SOLAR ENERGY (b) Primary activity TEOTIHUACAN TEOTIHUACAN RCASU RCASU ASUF ASUF ASUF (d) Direct controlling entity 0179143.00004 AZ AZ AZ HK CJ AZ AZ Legal domicile (state or foreign country) (c) C CORP C CORP C CORP C CORP C CORP TRUST C CORP (e) Type of entity (C corp, S corp, or trust) 0. 0. 0. 0. 0. 0. -133,216. (f) Share of total income 2 controlled entity? (k) Percentage ownership Page X X X X X X PAGE 76 Schedule R (Form 990) 2015 0. 0. 0. 0. 0. 0. 12,463. 100.0000 X Yes No (g) (h) (i) Share of Percentage Section 512(b)(13) end-of-year assets ownership 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. (1) AZTE VENTURES, CO Part IV (7) (6) (5) (4) (3) (2) (1) (a) Name, address, and EIN of related organization Part III 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. Schedule R (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW (a) Name, address, and EIN of related organization P.O. BOX 2260 TEMPE, AZ 85280 5887BC 700W JSA 5E1308 1.000 (7) (6) (5) (4) (3) (2) (b) Primary activity (c) Legal domicile (state or foreign country) (d) Direct controlling entity (e) Predominant income (related, unrelated, excluded from tax under sections 512-514) (f) Share of total income (g) Share of end-ofyear assets (h) Yes No allocations? Disproportionate (i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065) (j) Yes No General or managing partner? FOREIGNUS EDUCATION (b) Primary activity GLOBAL I / II (d) Direct controlling entity 0179143.00004 MX Legal domicile (state or foreign country) (c) C CORP (e) Type of entity (C corp, S corp, or trust) (f) Share of total income 0. 2 controlled entity? (k) Percentage ownership Page X PAGE 77 Schedule R (Form 990) 2015 0. Yes No (g) (h) (i) Share of Percentage Section 512(b)(13) end-of-year assets ownership 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. (1) ASUF MEXICO, A.C. Part IV (7) (6) (5) (4) (3) (2) (1) (a) Name, address, and EIN of related organization Part III 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. Schedule R (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.                                                                                                                                                                                                   ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 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) k l m n o 1p 1q 1k 1l 1m 1n 1o 1f 1g 1h 1i 1j 1a 1b 1c 1d 1e ASU RESEARCH ENTERPRISE 5887BC 700W JSA 5E1309 1.000 (6) (5) (4) (3) (2) (1) (a) Name of related organization 0179143.00004 D (b) Transaction type (a-s) X X X X X (d) Method of determining amount involved COST 3 X X X X X X X X X X X X X X PAGE 78 Schedule R (Form 990) 2015 895,383. (c) Amount involved Page Yes No r Other transfer of cash or property to related organization(s) 1r s Other transfer of cash or property from related organization(s) 1s 2 If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds. p Reimbursement paid to related organization(s) for expenses q Reimbursement paid by related organization(s) for expenses Dividends from related organization(s) Sale of assets to related organization(s) Purchase of assets from related organization(s) Exchange of assets with related organization(s) Lease of facilities, equipment, or other assets to related organization(s) f g h i j Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule. 1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts II-IV? a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity b Gift, grant, or capital contribution to related organization(s) c Gift, grant, or capital contribution from related organization(s) d Loans or loan guarantees to or for related organization(s) e Loans or loan guarantees by related organization(s) Part V Schedule R (Form 990) 2015 86-6051042 Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37. ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 4 5887BC 700W JSA 5E1310 1.000 (16) (15) (14) (13) (12) (11) (10) (9) (8) (7) (6) (5) (4) (3) (2) (1) (a) Name, address, and EIN of entity Primary activity (b) (c) Legal domicile (state or foreign country) Yes No (e) Are all partners section 501(c)(3) organizations? (f) Share of total income 0179143.00004 (d) Predominant income (related, unrelated, excluded from tax under sections 512-514) (g) Share of end-of-year assets Yes No allocations? Disproportionate (h) Yes No (j) General or managing partner? (k) Percentage ownership PAGE 79 Schedule R (Form 990) 2015 (i) Code V - UBI amount in box 20 of Schedule K-1 (Form 1065) 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. Part VI Schedule R (Form 990) 2015 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW 86-6051042 Schedule R (Form 990) 2015 Part VII Page 5 Supplemental Information Complete this part to provide additional information for responses to questions on Schedule R (see instructions). SCHEDULE R, PART IV, COLUMN C THERE ARE 18 CHARITABLE TRUSTS WITH LEGAL DOMICILE IN ARIZONA AND 2 CHARITABLE TRUSTS WITH LEGAL DOMICILE IN NEVADA. Schedule R (Form 990) 2015 5E1510 1.000 5887BC 700W 0179143.00004 PAGE 80