IRS Form 990 Information Return Highlights

Transcription

1 IRS Form 99 Information Return Highlights Arizona State University (ASU or University) is the largest pulic university in the United States under a single administration. It has the critical mass and quality to effect much-needed change in American higher education. ASU has estalished itself as the model for a New American University, measured not y who it excludes, ut rather y who it includes and how they succeed; pursuing research and discovery that enefits the pulic good; and assuming major responsiility for the economic, social and cultural vitality, health and well-eing of the community. Fiscal year 214 marked a continuance of the University s growth and success and further validation that the principles, purpose and ojectives of the New American University are achievale Newsweek has reported that ASU is reinventing the university for the gloal age. The ASU Foundation was incorporated in 1955 to meet the demands of Arizona s fastest-growing university. In the nearly six decades since, the pace of ASU, its progress as an institution and its growth as an educational and economic force in the state has only increased. Today, ASU is regularly listed among the most successful and innovative pulic research universities in the world. It is the largest pulic research university in the U.S., with more than 15, students receiving degrees each year and colleges, institutions and research centers that span six locations throughout the state, and a physical presence on oth coasts that includes facilities in Washington, D.C., and Santa Monica, CA. A university with this amount of energy and momentum requires an ever-increasing level of support. As ASU has reshaped itself into a New American University during the last decade, the organization that advances it has reimagined what a university foundation can e, recreating itself to match the needs of ASU as a New American University foundation. The mission of the ASU Foundation for A New American University (Foundation) is simple and direct: to ensure the success of ASU as a New American University. The Foundation does this y uniting the University and the community as a force for positive change through a variety of means: The Foundation s model of donor relations identifies each investor s passion, then facilitates a sustainale affiliation etween the investor and the ASU college or institute that shares their passion. The Foundation also supports the activities of ASU through fundraising and development services, through investment and asset management services, and through community outreach and donor cultivation. The Foundation encourages and enales private citizens and organizations to partner with ASU through perpetual and annual gifts. The Foundation s assets have continued to grow amid market and economic volatility. The Foundation closely manages its spending and continues to control costs to provide for maximum use of its revenue streams and to allow for asset recovery. Page 1 of 4

2 The Foundation was again recognized as the top-scoring nonprofit of the universities, graduate schools and technological institutes ranked y Charity Navigator, the country s largest and mostutilized evaluator of charities. The Foundation earned an overall score of points out of a possile 1. For the third consecutive year, Charity Navigator awarded the Foundation its premier four-star rating. The Foundation has organized its operations to focus on its usiness lines, which include Philanthropy, Technology, Assets, Investments and Ventures. The Foundation s supporting services provide support to the Foundation usiness lines and University units through Development Communications, Legal, Human Resources, Operations & Services, Strategic Initiatives & Outreach, and Finance. Today, under the stewardship of CEO R.F. Rick Shangraw Jr., the ASU Foundation for A New American University helps advance ASU y working closely with philanthropists to engage them in the university s efforts to produce meaningful change. Philanthropy is a tradition of giving and sharing that is primary to the success of the university. During the last 13-year period, alumni, parents, foundations, corporations and other individuals and organizations have committed $1.66 illion in support of ASU s students, faculty, research, academics and facilities. There are many forms those investments have taken, including endowments which expand ASU s permanent financial ase and create reliale, virtually perpetual income streams for such advancements as endowed faculty positions, student scholarships, road-ased interdisciplinary research projects or even entire academic programs. Deeply committed to advancing the philanthropic spirit of its donors, a primary responsiility of the foundation is the growthmanagement of the endowment, with an overarching goal of alancing the needs of the university for oth current and future generations. Additionally, the foundation has een hard at work creating entrepreneurial partnership opportunities for the enefit of the institution and estalishing 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 from $228 million to more than $942 million. Such growth is evident of the transformative ways the ASU Foundation has helped further the success of ASU as a New American University. 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, equests and more. The New Gifts and Commitments for the Foundation in 214 was $147 million, and $137 million in 213. Another method the Foundation uses to report gifts is a counting methodology developed y the Council for Aid to Education (CAE) which emphasizes cash in the door counted for all supporting entities of ASU, in addition to the Foundation s gift receipts. These gift receipts were $99 million in 214, a small change from $18 million in 213. Page 2 of 4

3 Our Form 99 shows direct pulic support of $6 million for fiscal year 214. The accounting method used for this form more closely represents Generally Accepted Accounting Principles (GAAP), a full accrual accounting methodology, than it does the New Gifts and Commitments or the CAE counting methodology. One of the main differences etween the CAE method and the Form 99 and GAAP is the recognition of pledges. CAE counts the gift as the pledge payments are made, while GAAP and the Form 99 count the entire gift at the time the pledge promise is made. The Foundation received $18.7 million of expense reimursement from ASU to provide development, fundraising, investment, marketing and technology transfer services for ASU in fiscal year 214. The Foundation provided $73.1 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 99. Like all information that must e presented using a prescried format, the financial information of the Foundation has een grouped and aligned to meet the requirements and definitions of the IRS Form 99. It may not e the est 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 99 should e read in conjunction with the Foundation s audited financial statements, which can e found on our wesite (asufoundation.org). Dates: The 213 Form 99 return covers the fiscal year from July 1, 213, to June 3, 214. General: Revenue: IRS Form 99 is intended to disclose selected information aout a tax exempt organization s financial, governance and operational activities. While most of the information is presented closely aligns with Generally Accepted Accounting Principles (GAAP), it will not depict the activities of the organization in the same manner as the audited financial statements. The ASU Foundation recognizes revenue from many different sources for fiscal year ended (FYE) June 3, 214. $6. million of contriutions (shown on Part I, line 8). $88.7 million of investment return (Part I, line 1). $11.1 million of other revenue (line 11), the details of which can e seen on page 9 of the return, Part VIII, lines 5, 6d, and 11e. Expense: The ASU Foundation incurs many different types of expenses during the fiscal year in support of its ojectives. Page 3 of 4

4 Total expenses (line 18) are roken down into functional categories on page 1, Part I, of the Form 99. These reakdowns are predetermined y the IRS and organizations cannot deviate from the defined line items. Statement of Functional Expenses (Part I, 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 99 totals. There is a reconciliation of the Form 99 revenue and expense to the audited statements on Schedule D, Parts I, II and III of the Form 99. Balance Sheet Information: The assets and liailities of the Foundation (Part, lines 1 34) are presented to allow the reader to understand the investment holdings, receivales, and payales of the Foundation. Balance sheet items are explained fully in the footnotes to the Foundation s audited financial statements. Page 4 of 4

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6 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page 2 Part III Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III 1 Briefly descrie the organization's mission: TO ENSURE THE SUCCESS OF ARIZONA STATE UNIVERSITY AS A NEW AMERICAN UNIVERSITY. If "Yes," descrie these new services on Schedule O. 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 99 or 99-EZ? Yes No If "Yes," descrie these changes on Schedule O. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? Yes No 4 Descrie the organization's program service accomplishments for each of its three largest program services, as measured y expenses. Section 51(c)(3) and 51(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 $ 18,245,229. including grants of $ 15,813,676. ) (Revenue $ 3,463,231. ) SPECIFIC UNIVERSITY PROGRAMS - THE ASU FOUNDATION PROVIDED MORE THAN $18M TO ASU IN SUPPORT OF PROGRAMS THAT CONTRIBUTE TO ASU'S RANKING AS ONE OF THE 1 TOP UNIVERSITIES IN THE WORLD. THESE FUNDS SUPPORT SUSTAINABILITY EDUCATION AND OUTREACH ACTIVITIES (SCHOOL OF SUSTAINABILITY, WRIGLEY GLOBAL INSTITUTE OF SUSTAINABILITY); STARTUP SUPPORT FOR ENTREPRENEURIAL COMPANIES (ARIZONA TECHNOLOGY ENTERPRISES); BUSINESS JOURNALISM (CRONKITE SCHOOL OF JOURNALISM, W. P. CAREY SCHOOL OF BUSINESS); EDUCATIONAL AND PROGRAMMING ACTIVITIES FOR PUBLIC EVENTS; FAMILY JUSTICE ISSUES (SCHOOL OF PUBLIC PROGRAMS, O'CONNOR SCHOOL OF LAW); AND MANY OTHER PROGRAMS. 4 (Code: ) (Expenses $ 15,5,748. including grants of $ 6,361,37. ) (Revenue $ 2,833,553. ) STUDENT AND FACULTY SUPPORT - THE FOUNDATION PROVIDED MORE THAN $8M FOR ASU PROGRAMS THAT ASSIST UNDERGRADUATE AND GRADUATE STUDENTS WITH THE COST OF ATTENDING COLLEGE AND THAT RECOGNIZE STUDENTS' ACADEMIC ACHIEVEMENTS. THESE INCLUDE NEW AMERICAN UNIVERSITY SCHOLARSHIPS, WHICH WERE PROVIDED TO 2,856 STUDENTS. MORE THAN $6.7M FROM THE FOUNDATION SUPPORTED FACULTY RECOGNITION AND PROFESSORSHIPS, ALLOWING ASU STUDENTS THE OPPORTUNITY TO LEARN FROM NOBEL LAUREATES, MEMBERS OF THE NATIONAL ACADEMY OF SCIENCES AND AMERICAN ACADEMY OF ARTS AND SCIENCES, FULBRIGHT SCHOLARS, GUGGENHEIM FELLOWS, AND MEMBERS OF THE ROYAL SOCIETY. 4c (Code: ) (Expenses $ 8,62,26. including grants of $ 7,728,115. ) (Revenue $ 1,574,196. ) RESEARCH SUPPORT - CLASSIFIED BY THE CARNEGIE FOUNDATION AS A RESEARCH UNIVERSITY WITH VERY HIGH RESEARCH ACTIVITY, ASU UTILIZED MORE THAN $8.6M IN RESEARCH FUNDING FROM THE ASU FOUNDATION. THESE FUNDS SUPPORTED RESEARCH IN INFORMATION PRIVACY AND SECURITY (W.P. CAREY SCHOOL OF BUSINESS); SUPPLY CHAIN MANAGEMENT (W. P. CAREY SCHOOL OF BUSINESS); ENVIRONMENT AND SUSTAINABILITY (SCHOOL OF SUSTAINABILITY, WRIGLEY GLOBAL INSTITUTE OF SUSTAINABILITY); EARLY CHILDHOOD EDUCATION (MARY LOU FULTON TEACHERS COLLEGE); AND MANY OTHER AREAS. 4d Other program services (Descrie in Schedule O.) (Expenses $ 42,7,71. including grants of $ 36,485,76. ) (Revenue $ 7,87,981. ) 4e Total program service expenses 83,878,893. 3E12 2. Form 99 (213) 5887BC 7W PAGE 3

7 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page 3 Part IV Checklist of Required Schedules a Is the organization descried in section 51(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A 1 Is the organization required to complete Schedule B, Schedule of Contriutors (see instructions)? 2 Did the organization engage in direct or indirect political campaign activities on ehalf of or in opposition to candidates for pulic office? If "Yes," complete Schedule C, Part I 3 Section 51(c)(3) organizations. Did the organization engage in loying activities, or have a section 51(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II 4 Is the organization a section 51(c)(4), 51(c)(5), or 51(c)(6) organization that receives memership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III 5 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 distriution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I 6 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 7 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III 8 Did the organization report an amount in Part, line 21, for escrow or custodial account liaility; serve as a custodian for amounts not listed in Part ; or provide credit counseling, det management, credit repair, or det negotiation services? If "Yes," complete Schedule D, Part IV 9 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 1 11 If the organization s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, I, or as applicale. a Did the organization report an amount for land, uildings, and equipment in Part, line 1? If "Yes," c d e f a a 3E complete Schedule D, Part VI Did the organization report an amount for investments-other securities in Part, line 12 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, Part VII Did the organization report an amount for investments-program related in Part, line 13 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, Part VIII Did the organization report an amount for other assets in Part, line 15 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, Part I Did the organization report an amount for other liailities in Part, line 25? If "Yes," complete Schedule D, Part Did the organization s separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liaility for uncertain tax positions under FIN 48 (ASC 74)?If "Yes," complete Schedule D, Part Did the organization otain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts I and II 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 I and II is optional Is the organization a school descried in section 17()(1)(A)(ii)? If "Yes," complete Schedule E Did the organization maintain an office, employees, or agents outside of the United States? Did the organization have aggregate revenues or expenses of more than $1, from grantmaking, fundraising, usiness, investment, and program service activities outside the United States, or aggregate foreign investments valued at $1, or more? If "Yes," complete Schedule F, Parts I and IV Did the organization report on Part I, column (A), line 3, more than $5, of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts II and IV Did the organization report on Part I, column (A), line 3, more than $5, of aggregate grants or other assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV Did the organization report a total of more than $15, of expenses for professional fundraising services on Part I, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions) Did the organization report more than $15, total of fundraising event gross income and contriutions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II Did the organization report more than $15, of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H If "Yes" to line 2a, did the organization attach a copy of its audited financial statements to this return? 11a 11 11c 11d 11e 11f 12a a a 2 Yes No Form 99 (213) 5887BC 7W PAGE 4

8 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page 4 Part IV Checklist of Required Schedules (continued) a d 25 a c a c a Did the organization report more than $5, of grants or other assistance to any domestic organization or government on Part I, column (A), line 1? If "Yes," complete Schedule I, Parts I and II 21 Did the organization report more than $5, of grants or other assistance to individuals in the United States on Part I, column (A), line 2? If "Yes," complete Schedule I, Parts I and III 22 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 aout compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated 23 employees? If "Yes," complete Schedule J Did the organization have a tax-exempt ond issue with an outstanding principal amount of more than $1, as of the last day of the year, that was issued after Decemer 31, 22? If "Yes," answer lines 24 through 24d and complete Schedule K. If No, go to line 25a Did the organization invest any proceeds of tax-exempt onds eyond 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 onds? Did the organization act as an "on ehalf of" issuer for onds outstanding at any time during the year? Section 51(c)(3) and 51(c)(4) organizations. Did the organization engage in an excess enefit 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 enefit transaction with a disqualified person in a prior year, and that the transaction has not een reported on any of the organization's prior Forms 99 or 99-EZ? If "Yes," complete Schedule L, Part I Did the organization report any amount on Part, line 5, 6, or 22 for receivales from or payale to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, sustantial contriutor or employee thereof, a grant selection committee memer, or to a 35% controlled entity or family memer of any of these persons? If "Yes," complete Schedule L, Part III Was the organization a party to a usiness transaction with one of the following parties (see Schedule L, Part IV instructions for applicale filing thresholds, conditions, and exceptions): A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV A family memer 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 memer 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, in non-cash contriutions? If "Yes," complete Schedule M Did the organization receive contriutions of art, historical treasures, or other similar assets, or qualified conservation contriutions? 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 1% of an entity disregarded as separate from the organization under Regulations sections and ? If "Yes," complete Schedule R, Part I Was the organization related to any tax-exempt or taxale 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()(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()(13)? If "Yes," complete Schedule R, Part V, line 2 Section 51(c)(3) organizations. Did the organization make any transfers to an exempt non-charitale 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 11 and 19? Note. All Form 99 filers are required to complete Schedule O 24a 24 24c 24d 25a a 28 28c a Yes No 38 Form 99 (213) 3E BC 7W PAGE 5

9 Form 99 (213) Page 5 Part V d e f g h a a Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V Enter the numer reported in Box 3 of Form 196. Enter -- if not applicale Yes 1a 1a 195 Enter the numer of Forms W-2G included in line 1a. Enter -- if not applicale 1 c Did the organization comply with ackup withholding rules for reportale payments to vendors and reportale gaming (gamling) winnings to prize winners? 1c 2a Enter the numer of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered y this return 2a 277 If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2 Note. If the sum of lines 1a and 2a is greater than 25, you may e required to e-file (see instructions) 3a Did the organization have unrelated usiness gross income of $1, or more during the year? 3a If "Yes," has it filed a Form 99-T for this year? If "No" to line 3, provide an explanation in Schedule O 3 4a 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 ank account, securities account, or other financial account)? If Yes, enter the name of the foreign country: See instructions for filing requirements for Form TD F , Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohiited tax shelter transaction at any time during the tax year? Did any taxale party notify the organization that it was or is a party to a prohiited tax shelter transaction? c If "Yes" to line 5a or 5, did the organization file Form 8886-T? 6a Does the organization have annual gross receipts that are normally greater than $1,, and did the organization solicit any contriutions that were not tax deductile as charitale contriutions? If "Yes," did the organization include with every solicitation an express statement that such contriutions or gifts were not tax deductile? 7 Organizations that may receive deductile contriutions under section 17(c). a Did the organization receive a payment in excess of $75 made partly as a contriution 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? c Did the organization sell, exchange, or otherwise dispose of tangile personal property for which it was required to file Form 8282? If "Yes," indicate the numer of Forms 8282 filed during the year 7d Did the organization receive any funds, directly or indirectly, to pay premiums on a personal enefit contract? Did the organization, during the year, pay premiums, directly or indirectly, on a personal enefit contract? If the organization received a contriution of qualified intellectual property, did the organization file Form 8899 as required? If the organization received a contriution of cars, oats, airplanes, or other vehicles, did the organization file a Form 198-C? Sponsoring organizations maintaining donor advised funds and section 59(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained y a sponsoring organization, have excess usiness holdings at any time during the year? Sponsoring organizations maintaining donor advised funds. Did the organization make any taxale distriutions under section 4966? Did the organization make a distriution to a donor, donor advisor, or related person? Section 51(c)(7) organizations. Enter: Initiation fees and capital contriutions included on Part VIII, line 12 1a 1 Gross receipts, included on Form 99, Part VIII, line 12, for pulic use of clu facilities 11 Section 51(c)(12) organizations. Enter: a Gross income from memers or shareholders 11a Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) 11 12a Section 4947(a)(1) non-exempt charitale trusts. Is the organization filing Form 99 in lieu of Form 141? If "Yes," enter the amount of tax-exempt interest received or accrued during the year Section 51(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. Enter the amount of reserves the organization is required to maintain y the states in which the organization is licensed to issue qualified health plans 13 c Enter the amount of reserves on hand 13c 14a Did the organization receive any payments for indoor tanning services during the tax year? If "Yes," has it filed a Form 72 to report these payments? If "No," provide an explanation in Schedule O 3E14 1. ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW a 5a 5 5c 6a 6 7a 7 7c 7e 7f 7g 7h 8 9a 9 12a 13a 14a 14 No Form 99 (213) 5887BC 7W PAGE 6

10 Form 99 (213) Page 6 Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7 elow, and for a "No" response to line 8a, 8, or 1 elow, descrie 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 Section A. Governing Body and Management 1a Enter the numer of voting memers of the governing ody at the end of the tax year If there are material differences in voting rights among memers of the governing ody, or if the governing ody delegated road authority to an executive committee or similar committee, explain in Schedule O. Enter the numer of voting memers included in line 1a, aove, who are independent Did any officer, director, trustee, or key employee have a family relationship or a usiness relationship with any other officer, director, trustee, or key employee? 2 3 Did the organization delegate control over management duties customarily performed y or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? 3 4 Did the organization make any significant changes to its governing documents since the prior Form 99 was filed? 4 5 Did the organization ecome aware during the year of a significant diversion of the organization's assets? 5 6 Did the organization have memers or stockholders? 6 7a Did the organization have memers, stockholders, or other persons who had the power to elect or appoint one or more memers of the governing ody? 7a Are any governance decisions of the organization reserved to (or suject to approval y) memers, stockholders, or persons other than the governing ody? 7 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year y the following: a The governing ody? 8a Each committee with authority to act on ehalf of the governing ody? 8 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot e reached at the organization's mailing address? If "Yes," provide the names and addresses in Schedule O 9 Section B. Policies (This Section B requests information aout policies not required y the Internal Revenue Code.) 1a c a 16a Did the organization have local chapters, ranches, or affiliates? If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and ranches to ensure their operations are consistent with the organization's exempt purposes? 11a 12a Were officers, directors, or trustees, and key employees required to disclose annually interests that could give Has the organization provided a complete copy of this Form 99 to all memers of its governing ody efore filing the form? Descrie in Schedule O the process, if any, used y the organization to review this Form 99. Did the organization have a written conflict of interest policy? If"No,"gotoline13 rise to conflicts? descrie in Schedule O how this was done Did the organization have a written whistlelower policy? Did the organization have a written document retention and destruction policy? Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," Did the process for determining compensation of the following persons include a review and approval y independent persons, comparaility data, and contemporaneous sustantiation of the delieration and decision? The organization's CEO, Executive Director, or top management official Other officers or key employees of the organization If "Yes" to line 15a or 15, descrie the process in Schedule O (see instructions). Did the organization invest in, contriute assets to, or participate in a joint venture or similar arrangement with a taxale entity during the year? List the states with which a copy of this Form 99 is required to e filed If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicale federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? 16 Section C. Disclosure 17 AK,AZ,CO,HI,MN,NY,OR,SC, 18 Section 614 requires an organization to make its Forms 123 (or 124 if applicale), 99, and 99-T (Section 51(c)(3)s only) availale for pulic inspection. Indicate how you made these availale. Check all that apply. Own wesite Another's wesite Upon request Other (explain in Schedule O) 19 2 Descrie in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements availale to the pulic during the tax year. State the name, physical address, and telephone numer of the person who possesses the ooks and records of the organization: VIRGINIA DESANTO, CPA 3 EAST UNIVERSITY DRIVE TEMPE, AZ Form 99 (213) 3E ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW BC 7W PAGE 7 1a 19 1a 1 11a 12a 12 12c a 15 16a Yes Yes No No

11 Form 99 (213) ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this tale for all persons required to e 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 -- 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 reportale compensation (Box 5 of Form W-2 and/or Box 7 of Form 199-MISC) of more than $1, 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 $1, of reportale 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 $1, of reportale 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 ox if neither the organization nor any related organization compensated any current officer, director, or trustee. (A) (B) (C) Position (D) (E) (F) Name and Title Average hours per week (list any hours for related organizations elow dotted line) (do not check more than one ox, unless person is oth an officer and a director/trustee) Reportale compensation from the organization (W-2/199-MISC) Reportale compensation from related organizations (W-2/199-MISC) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee Former Estimated amount of other compensation from the organization and related organizations (1) WILLIAM POST CHAIRMAN 1. (2) TONY COREY DIRECTOR 1. (3) JOSE CARDENAS DIRECTOR - NON-VOTING 1. (4) WAYNE DORAN DIRECTOR 1. (5) STEPHEN EVANS DIRECTOR 2. (6) JUANITA FRANCIS VICE CHAIRMAN 1. (7) IRA FULTON DIRECTOR 1. (8) JOHN GRAHAM DIRECTOR 1. (9) BOB JOHNSON DIRECTOR 1. (1) ANNE MARIUCCI DIRECTOR 1. (11) MORGAN OLSEN DIRECTOR 1. (12) HARRY PAPP DIRECTOR 1. (13) GARY TRUJILLO DIRECTOR 1. (14) MICHAEL M. CROW DIRECTOR Form 99 (213) 3E BC 7W PAGE 8

12 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Position Reportale Reportale hours per (do not check more than one compensation compensation from week (list any ox, unless person is oth an from related hours for officer and a director/trustee) the organizations related organization (W-2/199-MISC) organizations (W-2/199-MISC) elow dotted line) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee 1 Su-total c Total from continuation sheets to Part VII, Section A d Total (add lines 1 and 1c) 2 Total numer of individuals (including ut not limited to those listed aove) who received more than $1, of reportale compensation from the organization 33 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 4 For any individual listed on line 1a, is the sum of reportale compensation and other compensation from the organization and related organizations greater than $15,? If Yes, complete Schedule J for such individual 4 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If Yes, complete Schedule J for such person 5 Section B. Independent Contractors 1 Complete this tale for your five highest compensated independent contractors that received more than $1, of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year. Former Estimated amount of other compensation from the organization and related organizations ( 15) KENNETH VAN WINKLE 1. DIRECTOR ( 16) GREG VOGEL 1. DIRECTOR ( 17) SCOTT WALD 1. DIRECTOR ( 18) ANGELINA YIN CESAL 1. DIRECTOR ( 19) R.F. SHANGRAW JR. 6. DIRECTOR,PRESIDENT AND CEO , ,463. ( 2) ROGER WITTLIN 1. DIRECTOR ( 21) VIRGINIA DESANTO 5. VP, CFO, TREASURER, SECRETARY 3. 28, ,99. ( 22) WELLINGTON REITER 4. SENIOR VP & MANAGING DIRECTOR 24, ,681. ( 23) AUGUSTINE CHENG 4. MANAGING DIRECTOR AZTE , ,517. ( 24) KENNETH J. POLASKO 4. EECUTIVE DIRECTOR AZTE 261, ,787. ( 25) GRETCHEN BUHLIG 4. VP LEADERSHIP GIVING 225, ,72. 2,149, ,731. 2,149, ,731. Yes No ATTACHMENT 1 (A) Name and usiness address (B) Description of services (C) Compensation 2 Total numer of independent contractors (including ut not limited to those listed aove) who received more than $1, in compensation from the organization 26 3E Form 99 (213) 5887BC 7W PAGE 9

13 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Position Reportale Reportale hours per (do not check more than one compensation compensation from week (list any ox, unless person is oth an from related hours for officer and a director/trustee) the organizations related organization (W-2/199-MISC) organizations (W-2/199-MISC) elow dotted line) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee Former Estimated amount of other compensation from the organization and related organizations ( 26) REGINALD K WALTON 4. VP STRATEGIC CORP INITIATIVES 22, ,827. ( 27) JULIET A LIM 4. FORMER GEN COUNSEL & SECRETARY 116,74. 18, Su-total c Total from continuation sheets to Part VII, Section A d Total (add lines 1 and 1c) 2 Total numer of individuals (including ut not limited to those listed aove) who received more than $1, of reportale compensation from the organization 33 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 4 For any individual listed on line 1a, is the sum of reportale compensation and other compensation from the organization and related organizations greater than $15,? If Yes, complete Schedule J for such individual 4 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If Yes, complete Schedule J for such person 5 Section B. Independent Contractors 1 Complete this tale for your five highest compensated independent contractors that received more than $1, of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year. Yes No (A) Name and usiness address (B) Description of services (C) Compensation 2 Total numer of independent contractors (including ut not limited to those listed aove) who received more than $1, in compensation from the organization 3E Form 99 (213) 5887BC 7W PAGE 1

14 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Statement of Revenue Check if Schedule O contains a response or note to any line in this Part VIII Form 99 (213) Page 9 Part VIII Contriutions, Gifts, Grants and Other Similar Amounts Program Service Revenue Other Revenue 1a c d e f g h 2a c d e f g 6a c d 7a 8a c 9a c 1a c 11a c d e 1a 1 1c 1d 1e 59,971,27. 57,79. Total. Add lines 1a-1f Federated campaigns Memership dues Fundraising events Related organizations Government grants (contriutions) All other contriutions, gifts, grants, and similar amounts not included aove 1f Noncash contriutions included in lines 1a-1f: $ Business Code All other program service revenue Total. Add lines 2a-2f Investment income (including dividends, interest, and other similar amounts) Income from investment of tax-exempt ond proceeds Royalties (i) Real (ii) Personal Gross rents 1,36,5. Less: rental expenses Rental income or (loss) 1,36,5. Net rental income or (loss) Gross amount from sales of (i) Securities (ii) Other assets other than inventory 957,21,27. Less: cost or other asis and sales expenses 879,249,45. c Gain or (loss) 77,951,82. d Net gain or (loss) Gross income from fundraising events (not including $ of contriutions reported on line 1c). See Part IV, line 18 a Less: direct expenses Net income or (loss) from fundraising events Gross income from gaming activities. See Part IV, line 19 a Less: direct expenses Net income or (loss) from gaming activities Gross sales of inventory, less returns and allowances a Less: cost of goods sold Net income or (loss) from sales of inventory Miscellaneous Revenue Business Code (A) Total revenue (B) Related or exempt function revenue (C) Unrelated usiness revenue (D) Revenue excluded from tax under sections GAIN ON ETINGUISHMENT OF DEBT 999 7,68,445. 7,68,445. ASSET MANAGEMENT FEES REVENUE 999 1,915,83. 1,915,83. MISCELLANEOUS , ,278. All other revenue Total. Add lines 11a-11d 9,376, ,498, ,741, ,681. 9,446, Total revenue. See instructions 3E ,971,27. PROGRAM SUPPORT ,835,811. 2,835,811. BRICKYARD RENTAL ,816,2. 2,816,2. 5,652,11. 1,797, , ,458, , ,397. 1,36,5. 1,36,5. 77,951,82. 77,951,82. Form 99 (213) 5887BC 7W PAGE 11

15 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Part I Statement of Functional Expenses Section 51(c)(3) and 51(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 I Form 99 (213) Page 1 Do not include amounts reported on lines 6, 7, 8, 9, and 1 of Part VIII. 1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 2 Grants and other assistance to individuals in the United States. See Part IV, line 22 3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 4 Benefits paid to or for memers 5 Compensation of current officers, directors, trustees, and key employees 6 Compensation not included aove, to disqualified persons (as defined under section 4958(f)(1)) and persons descried in section 4958(c)(3)(B) 7 Other salaries and wages 8 Pension plan accruals and (include section 41(k) and 43() employer contriutions) 9 Other employee enefits 1 Payroll taxes 11 Fees for services (non-employees): a Management Legal c Accounting d Loying e Professional fundraising services. See Part IV, line 17 f Investment management fees g Other. (If line 11g amount exceeds 1% 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 pulic officials Conferences, conventions, and meetings Interest Payments to affiliates Depreciation, depletion, and amortization Insurance Other expenses. Itemize expenses not covered aove (List miscellaneous expenses in line 24e. If line 24e amount exceeds 1% of line 25, column (A) amount, list line 24e expenses on Schedule O.) (A) (B) (C) (D) Total expenses Program service Management and Fundraising expenses general expenses expenses 66,388, ,388,588. a MEALS AND CULTIVATION cbrickyard RENTAL EPENSES dloss ON LEASE RECEIVABLE e All other expenses 4,141,88. 1,734,216. 2,832, ,675. 3,57,711. 1,734,216. 2,832, , , , , Total functional expenses. Add lines 1 through 24e 97,951,89. 83,878,893. 6,14,63. 7,932, Joint costs. Complete this line only if the organization reported in column (B) joint costs from a comined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC ) 3E Form 99 (213) 326, , , ,11. 24, ,299. 6,29, ,272. 2,76,689. 3,371, , , , , , , , , , , , , ,2. 24,8. 12,4. 795, , , , , , , , , ,714. 2,694,937. 2,381, ,472. 1,836, , ,391. 1,99, , , , ,442. 1,278,84. 42, , , , , , , , , ,7. 1,652, , ,56. 68, , , ,482. 6,628. 1,97,83. 1,313, , , , , , , , FEES & SUBSCRIPTIONS 459, , ,43. 94, BC 7W PAGE 12

16 Form 99 (213) Page 11 Part Balance Sheet Check if Schedule O contains a response or note to any line in this Part (A) (B) Beginning of year End of year Assets Liailities Net Assets or Fund Balances 1 Cash - non-interest-earing 6,71, ,81,59. 2 Savings and temporary cash investments 2,2, ,21, Pledges and grants receivale, net 117,781, ,523,59. 4 Accounts receivale, net 3,1, ,713, Loans and other receivales from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L 5 6 Loans and other receivales from other disqualified persons (as defined under section 4958(f)(1)), persons descried in section 4958(c)(3)(B), and contriuting employers and sponsoring organizations of section 51(c)(9) voluntary employees' eneficiary organizations (see instructions). Complete Part II of Schedule L 6 7 Notes and loans receivale, net 7 8 Inventories for sale or use 8 9 Prepaid expenses and deferred charges 9 1 a Land, uildings, and equipment: cost or other asis. Complete Part VI of Schedule D 1a 71,196,72. Less: accumulated depreciation 1 11,453, ,452,192. 1c 59,743, Investments - pulicly traded securities 4,357, ,6, Investments - other securities. See Part IV, line ,8, ,216, Investments - program-related. See Part IV, line Intangile assets Other assets. See Part IV, line 11 37,453, ,53, Total assets. Add lines 1 through 15 (must equal line 34) 86,858, ,81, Accounts payale and accrued expenses 5,267, ,869, Grants payale Deferred revenue 19 2 Tax-exempt ond liailities 65,815,. 2 65,83,. 21 Escrow or custodial account liaility. Complete Part IV of Schedule D 114,277, ,53, Loans and other payales to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II of Schedule L Secured mortgages and notes payale to unrelated third 9,12,. 23 7,46,. 24 Unsecured notes and loans payale to unrelated third parties ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Other liailities (including federal income tax, payales to related third parties, and other liailities not included on lines 17-24). Complete Part of Schedule D Total liailities. Add lines 17 through 25 Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34. Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 3 through 34. Capital stock or trust principal, or current funds Paid-in or capital surplus, or land, uilding, or equipment fund Retained earnings, endowment, accumulated income, or other funds Total net assets or fund alances Total liailities and net assets/fund alances 11,662, ,226, ,142, ,889, ,979, ,515, ,477, ,821, ,259, ,854, ,715, ,858, ,191, ,81,141. Form 99 (213) 3E BC 7W PAGE 13

17 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Form 99 (213) Page , column (B)) 1 Part I Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this Part I 1 Total revenue (must equal Part VIII, column (A), line 12) 165,498, Total expenses (must equal Part I, column (A), line 25) 97,951,89. 3 Revenue less expenses. Sutract line 2 from line 1 67,547,5. 4 Net assets or fund alances at eginning of year (must equal Part, line 33, column (A)) 654,715, Net unrealized gains (losses) on investments 6,933, Donated services and use of facilities 7 Investment expenses 8 Prior period adjustments 9 Other changes in net assets or fund alances (explain in Schedule O) -17,4, Net assets or fund alances at end of year. Comine lines 3 through 9 (must equalpart,line 712,191,845. Part II Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this Part II Yes No 1 Accounting method used to prepare the Form 99: Cash Accrual Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O. 2a Were the organization's financial statements compiled or reviewed y an independent accountant? 2a If "Yes," check a ox elow to indicate whether the financial statements for the year were compiled or reviewed on a separate asis, consolidated asis, or oth: Separate asis Consolidated asis Both consolidated and separate asis Were the organization's financial statements audited y an independent accountant? 2 If "Yes," check a ox elow to indicate whether the financial statements for the year were audited on a separate asis, consolidated asis, or oth: Separate asis Consolidated asis Both consolidated and separate asis c If "Yes" to line 2a or 2, does the organization have a committee that assumes responsiility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? 2c If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? 3a 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 descrie any steps taken to undergo such audits. 3 Form 99 (213) 3E BC 7W PAGE 14

18 Pulic Charity Status and Pulic Support SCHEDULE A OMB No (Form 99 or 99-EZ) Complete if the organization is a section 51(c)(3) organization or a section 4947(a)(1) nonexempt charitale trust. Department of the Treasury Attach to Form 99 or Form 99-EZ. Open to Pulic Internal Revenue Service Information aout Schedule A (Form 99 or 99-EZ) and its instructions is at Inspection Name of the organization ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW Employer identification numer AMERICAN UNIVERSITY Part I Reason for Pulic Charity Status (All organizations must complete this part.) See instructions. The organization is not a private foundation ecause it is: (For lines 1 through 11, check only one ox.) 1 A church, convention of churches, or association of churches descried in section 17()(1)(A)(i). 2 A school descried in section 17()(1)(A)(ii). (Attach Schedule E.) 3 A hospital or a cooperative hospital service organization descried in section 17()(1)(A)(iii). 4 A medical research organization operated in conjunction with a hospital descried in section 17()(1)(A)(iii). Enter the hospital's name, city, and state: 5 An organization operated for the enefit of a college or university owned or operated y a governmental unit descried in section 17()(1)(A)(iv). (Complete Part II.) 6 A federal, state, or local government or governmental unit descried in section 17()(1)(A)(v). 7 An organization that normally receives a sustantial part of its support from a governmental unit or from the general pulic descried in section 17()(1)(A)(vi). (Complete Part II.) 8 A community trust descried in section 17()(1)(A)(vi). (Complete Part II.) 9 An organization that normally receives: (1) more than 331/3 % of its support from contriutions, memership fees, and gross receipts from activities related to its exempt functions - suject to certain exceptions, and (2) no more than 331/3 %of its support from gross investment income and unrelated usiness taxale income (less section 511 tax) from usinesses acquired y the organization after June 3, See section 59(a)(2). (Complete Part III.) 1 An organization organized and operated exclusively to test for pulic safety. See section 59(a)(4). 11 An organization organized and operated exclusively for the enefit of, to perform the functions of, or to carry out the purposes of one or more pulicly supported organizations descried in section 59(a)(1) or section 59(a)(2). See section 59(a)(3). Check the ox that descries the type of supporting organization and complete lines 11e through 11h. a Type I Type II c Type III-Functionally integrated d Type III-Non-functionally integrated e By checking this ox, I certify that the organization is not controlled directly or indirectly y one or more disqualified persons other than foundation managers and other than one or more pulicly supported organizations descried in section 59(a)(1) or section 59(a)(2). f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this ox g Since August 17, 26, has the organization accepted any gift or contriution from any of the following persons? (i) A person who directly or indirectly controls, either alone or together with persons descried in (ii) and Yes No (A) h (iii) elow, the governing ody of the supported organization? (ii) A family memer of a person descried in (i) aove? (iii) A 35% controlled entity of a person descried in (i) or (ii) aove? Provide the following information aout the supported organization(s). (i) Name of supported organization (ii) EIN (iii) Type of organization (descried on lines 1-9 aove or IRC section (see instructions)) (iv) Is the (v) Did you notify (vi) Is the organization in the organization organization in col. (i) listed in in col. (i) of your col. (i) organized your governing document? support? in the U.S.? Yes No Yes No Yes No 11g(i) 11g(ii) 11g(iii) (vii) Amount of monetary support (B) (C) (D) (E) Total For Paperwork Reduction Act Notice, see the Instructions for Form 99 or 99-EZ. Schedule A (Form 99 or 99-EZ) 213 3E BC 7W PAGE 15

19 Schedule A (Form 99 or 99-EZ) 213 Page 2 Part II Support Schedule for Organizations Descried in Sections 17()(1)(A)(iv) and 17()(1)(A)(vi) (Complete only if you checked the ox 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 elow, please complete Part III.) Section A. Pulic Support Calendar year (or fiscal year eginning in) 1 Gifts, grants, contriutions, and memership fees received. (Do not include any "unusual grants.") 2 Tax revenues levied for the organization's enefit and either paid to or expended on its ehalf 3 The value of services or facilities furnished y a governmental unit to the organization without charge 4 Total. Add lines 1 through 3 5 The portion of total contriutions y each person (other than a governmental unit or pulicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) 6 Pulic support. Sutract line 5 from line 4. Section B. Total Support 7 Amounts from line 4 Calendar year (or fiscal year eginning in) 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW (a) 29 () 21 (c) 211 (d) 212 (e) 213 (f) Total 42,33,85. 54,69, ,735, ,237, ,971, ,47, ,33,85. 54,69, ,735, ,237, ,971, ,47,913. (a) 29 () 21 (c) 211 (d) 212 (e) 213 (f) Total 75,873, ,174, ,33,85. 54,69, ,735, ,237, ,971, ,47,913. 9,275,55. 9,125, ,861, ,39, ,547, ,119, Net income from unrelated usiness activities, whether or not the usiness is regularly carried on 1 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) 11 Total support. Add lines 7 through 1 39,167, Gross receipts from related activities, etc. (see instructions) 12 57,535, First five years. If the Form 99 is for the organization's first, second, third, fourth, or fifth tax year as a section 51(c)(3) organization, check this ox and stop here Section C. Computation of Pulic Support Percentage 14 Pulic support percentage for 213 (line 6, column (f) divided y line 11, column (f)) % 15 Pulic support percentage from 212 Schedule A, Part II, line % 16a 331/3% support test If the organization did not check the ox on line 13, and line 14 is 331/3 % or more, check this ox and stop here. The organization qualifies as a pulicly supported organization 331/3% support test If the organization did not check a ox on line 13 16a, and line 15 is 331/3 %or more, check this ox and stop here. The organization qualifies as a pulicly supported organization 17a 1%-facts-and-circumstances test If the organization did not check a ox on line 13, 16a, or 16, and line 14 is 1% or more, and if the organization meets the "facts-and-circumstances" test, check this ox and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances test. The organization qualifies as a pulicly supported organization 1%-facts-and-circumstances test If the organization did not check a ox on line 13, 16a, 16, or 17a, and line 15 is 1% or more, and if the organization meets the "facts-and-circumstances" test, check this ox and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a pulicly supported organization 18 Private foundation. If the organization did not check a ox on line 13, 16a, 16, 17a, or 17, check this ox and see instructions Schedule A (Form 99 or 99-EZ) 213 3E BC 7W PAGE 16

20 Schedule A (Form 99 or 99-EZ) 213 Page 3 Part III Support Schedule for Organizations Descried in Section 59(a)(2) (Complete only if you checked the ox 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 elow, please complete Part II.) Section A. Pulic Support Calendar year (or fiscal year eginning in) 1 Gifts, grants, contriutions, and memership 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 usiness under section Tax revenues levied for the organization's enefit and either paid to or expended on its ehalf 5 The value of services or facilities furnished y a governmental unit to the organization without charge 6 Total. Add lines 1 through 5 7a Amounts included on lines 1, 2, and 3 received from disqualified persons Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5, or 1% of the amount on line 13 for the year c Add lines 7a and 7 8 Pulic support (Sutract line 7c from line 6.) Section B. Total Support Calendar year (or fiscal year eginning in) 9 Amounts from line 6 1 a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources Unrelated usiness taxale income (less section 511 taxes) from usinesses acquired after June 3, 1975 c Add lines 1a and 1 11 Net income from unrelated usiness activities not included in line 1, whether or not the usiness is regularly carried on 12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) 13 Total support. (Add lines 9, 1c, 11, and 12.) (a) 29 () 21 (c) 211 (d) 212 (e) 213 (f) Total (a) 29 () 21 (c) 211 (d) 212 (e) 213 (f) Total 14 First five years. If the Form 99 is for the organization's first, second, third, fourth, or fifth tax year as a section 51(c)(3) organization, check this ox and stop here Section C. Computation of Pulic Support Percentage 15 Pulic support percentage for 213 (line 8, column (f) divided y line 13, column (f)) Pulic support percentage from 212 Schedule A, Part III, line Section D. Computation of Investment Income Percentage Investment income percentage for 213 (line 1c, column (f) divided y line 13, column (f)) Investment income percentage from 212 Schedule A, Part III, line a 33 1/3% support tests If the organization did not check the ox on line 14, and line 15 is more than 331/3 %, and line ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW is not more than 331/3 %, check this ox and stop here. The organization qualifies as a pulicly supported organization 33 1/3% support tests If the organization did not check a ox on line 14 or line 19a, and line 16 is more than 331/3 %, and line 18 is not more than 331/3 %, check this ox and stop here. The organization qualifies as a pulicly supported organization 2 Private foundation. If the organization did not check a ox on line 14, 19a, or 19, check this ox and see instructions Schedule A (Form 99 or 99-EZ) 213 3E BC 7W PAGE 17 % % % %