Arizona State University Foundation For A New American University in Tempe, Arizona (AZ)

Arizona State University Foundation For A New American University
Employer Identification Number (EIN)	866051042
Name of Organization	Arizona State University Foundation For A New American University
In Care of Name	Virginia Desanto Cpa
Address	PO BOX 2260, Tempe, AZ 85280-2260
Activities	Other school related activities, Gifts, grants, or loans to other organizations, Endowment fund or financial services
Subsection	Educational Organization
Ruling Date	05/1958
Deductibility	Contributions are deductible
Foundation	Organization which operates for benefit of college or university and is owned or operated by a governmental unit
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$940,081,141
Amount of Income	$1,044,747,994
Form 990 Revenue Amount	$165,498,589
National Taxonomy of Exempt Entities (NTEE)	Educational Institutions and Related Activities: Single Organization Support

Non-representatives - add comments:

Amount of income in 2014: $1,044,747,994

This organization:	$1,044,747,994
Other organizations performing similar types of work:	$7,370,772

Assets in 2014: $940,081,141

This organization:	$940,081,141
Other organizations performing similar types of work:	$26,018,213

Expenses in 2014: $97,951,089

This organization:	$97,951,089
Other organizations performing similar types of work:	$2,570,274

Income to expenses ratio in 2014: 10.7

This organization:	10.7
Other organizations performing similar types of work:	2.5

Expenses allocated to program services in 2007: 65.2%

This organization:	65.2%
Other organizations performing similar types of work:	84.4%

Employees paid over $100,000 in 2014: 21.3%

Arizona State University Foundation For A New American University:	21.3%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2014: 36.2%

Arizona State University Foundation For A New American University:	36.2%
Other organizations performing similar types of work:	27.0%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

	2013	2014
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	No	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	Yes
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?	No	No
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?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	Yes
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	Yes
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	Yes	Yes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	Yes
Did the organization report an amount for other liabilities?	Yes	Yes
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)?	Yes	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	Yes	Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
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?	No	Yes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	Yes	Yes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
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?	Yes	Yes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	Yes	Yes
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
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?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
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?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	Yes	Yes
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?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	Yes	Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	Yes	Yes
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	Yes	Yes
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
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?	No	No

	2011	2012	2013	2014
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096			205	195
The number of Forms W-2G			0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?			Yes	Yes
The number 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 by this return			233	277
Did the organization file all required federal employment tax returns?			Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes	Yes
Has it filed a Form 990-T for this year?			Yes	Yes
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)?			No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?			No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?			No	No
Did the organization file Form 8886-T?			No	No
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?			No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?			No	No
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?			Yes	Yes
Did the organization notify the donor of the value of the goods or services provided?			Yes	Yes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?			No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?			No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?			No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?			No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?			No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?			No	No
Did the sponsoring organization make any taxable distributions under section 4966?			No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?			No	No
Initiation fees and capital contributions	$0	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0	$0
Gross income from other sources	$0	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?			No	No
The amount of tax-exempt interest received or accrued during the year			$0	$0
Is the organization licensed to issue qualified health plans in more than one state?			No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans			$0	$0
The amount of reserves on hand			$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?			No	No
Has it filed a Form 720 to report these payments?			No	No

	2013	2014
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$2,270,845	$2,149,967
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$294,063	$299,731
Total number of individuals who received more than $100,000 of reportable compensation from the organization	37	33
Total number of independent contractors who received more than $100,000 of compensation from the organization	19	26

	2011	2012	2013	2014
Statement of Revenue
Total revenue	$72,989,085	$131,274,212	$115,022,499	$165,498,589
Contributions, Gifts, Grants and Other Similar Amounts	$54,069,576	$92,735,382	$82,237,898	$59,971,207
Program Service Revenue	$4,415,817	$4,132,244	$4,996,909	$5,652,011
541800			$2,209,549	$2,835,811
Lessors of Nonresidential Buildings (except Miniwarehouses)			$2,787,360	$2,816,200
All other program service revenue			$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$7,709,663	$14,889,322	$11,300,766	$10,797,569
Income from investment of tax-exempt bond proceeds	$0	$0	$0	$0
Royalties	$0	$0	$0	$713,397
Net rental income	$1,416,199	$972,359	$1,008,963	$1,036,050
Gross rents (Real / Personal)	$1,416,199 / $0	$972,359 / $0	$1,008,963 / $0	$1,036,050 / $0
Less: rental expenses (Real / Personal)	$0 / $0	$0 / $0	$0 / $0	$0 / $0
Rental income or (loss) (Real / Personal)	$1,416,199 / $0	$972,359 / $0	$1,008,963 / $0	$1,036,050 / $0
Net gain/loss from sales of assets other than inventory	$2,201,397	$13,617,201	$12,075,601	$77,951,802
Gross amount from sales of assets other than inventory (Securities / Other)	$451,183,359 / $0	$561,432,217 / $0	$376,274,983 / $0	$957,201,207 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$448,981,962 / $0	$547,815,016 / $0	$364,199,382 / $0	$879,249,405 / $0
Gain or (loss) (Securities / Other)	$2,201,397 / $0	$13,617,201 / $0	$12,075,601 / $0	$77,951,802 / $0
Net income/loss from fundraising events	$0	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0	$0
Miscellaneous Revenue	$3,176,433	$4,927,704	$3,402,362	$9,376,553
900099			$1,921,060	$7,068,445
900099			$1,481,302	$1,915,830
900099			$0	$392,278
All other revenue			$0	$0

	2011	2012	2013	2014
Statement of Functional Expenses
Total functional expenses	$70,835,917	$79,081,293	$83,655,535	$97,951,089
Grants and other assistance to domestic organizations and domestic governments			$58,095,813	$66,388,588
Grants and other assistance to domestic individuals			$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals			$0	$0
Benefits paid to or for members			$0	$0
Compensation of current officers, directors, trustees, and key employees	$243,689	$367,885	$390,010	$326,448
Compensation not included above, to disqualified persons			$179,717	$240,299
Other salaries and wages	$2,870,537	$4,680,333	$4,973,183	$6,029,642
Pension plan accruals and contributions			$295,767	$286,951
Other employee benefits			$835,241	$842,362
Payroll taxes	$189,890	$323,025	$347,615	$414,158
Fees for services (non-employees)
Management			$37,200	$37,200
Legal			$1,506,564	$795,278
Accounting			$182,603	$167,812
Lobbying			$124,890	$249,780
Professional fundraising services	$90,000	$180,000	$270,569	$249,714
Investment management fees			$1,338,405	$2,694,937
Other			$1,362,550	$1,836,194
Advertising and promotion			$325,815	$465,928
Office expenses			$1,570,862	$1,278,840
Information technology			$382,113	$365,984
Royalties			$0	$0
Occupancy			$290,567	$286,376
Travel			$894,411	$1,652,757
Payments of travel or entertainment expenses for any federal, state, or local public officials			$0	$0
Conferences, conventions, and meetings			$140,272	$151,872
Interest			$2,095,550	$1,970,083
Payments to affiliates			$0	$0
Depreciation, depletion, and amortization			$1,544,238	$829,278
Insurance			$340,574	$277,588
Other expenses			$416,636	$459,757
Other expenses			$3,833,345	$4,141,880
Other expenses			$1,780,825	$1,734,216
Other expenses			$100,200	$2,832,492
Other expenses			$0	$944,675

	2011	2012	2013	2014
Balance Sheet
Total assets	$780,191,467	$790,864,238	$860,858,067	$940,081,141
Cash - non-interest-bearing			$0	$6,801,509
Savings and temporary cash investments			$8,731,037	$2,021,853
Pledges and grants receivable, net			$117,781,060	$105,523,509
Accounts receivable, net			$3,001,703	$1,713,774
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees			$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations			$0	$0
Notes and loans receivable, net			$0	$0
Inventories for sale or use			$0	$0
Prepaid expenses and deferred charges			$0	$0
Land, buildings, and equipment: cost or other basis			$59,452,192	$59,743,488
Investments - publicly traded securities			$400,357,853	$395,006,355
Investments - other securities			$234,080,576	$318,216,858
Investments - program-related			$0	$0
Intangible assets			$0	$0
Other assets			$37,453,646	$51,053,795
Total liabilities	$205,541,866	$203,787,380	$206,142,322	$227,889,296
Accounts payable and accrued expenses			$5,267,032	$4,869,213
Grants payable			$0	$0
Deferred revenue			$0	$0
Tax-exempt bond liabilities	$68,363,095	$66,950,000	$65,815,000	$65,830,000
Escrow or custodial account liability			$114,277,353	$130,503,305
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons			$0	$0
Secured mortgages and notes payable to unrelated third parties	$10,315,000	$9,740,000	$9,120,000	$7,460,000
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)			$11,662,937	$19,226,778
Total net assets or fund balances	$574,649,601	$587,076,858	$654,715,745	$712,191,845
Unrestricted net assets			$13,979,132	$36,515,784
Temporarily restricted net assets			$253,477,189	$277,821,438
Permanently restricted net assets			$387,259,424	$397,854,623
Capital stock or trust principal, or current funds			$0	$0
Paid-in or capital surplus, or land, building, or equipment fund			$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0	$0

Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:	A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Number of organizations supported	0
Sum of amounts of support	$0

	2010 - 2014 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
Public Support	$255,174,345
Subtotal Support	$331,047,913
Gifts, grants, contributions, and membership fees received	$331,047,913
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$75,873,568
Total Support	$390,167,872
Public Support	$331,047,913
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$59,119,959
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$0
Gross receipts from related activities, etc.	$57,535,822

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$37,725,305	$41,283,533	$87,497,582	$62,623,818	$89,582,412	$169,812,984	$149,485,281	$155,749,573
Contributions, gifts, grants, and similar amounts received	$23,992,127	$19,014,136	$63,219,987	$39,339,272	$60,883,375	$124,276,306	$107,258,642	$100,100,891
Contributions to donor advised funds							$0	$0
Direct public support	$23,992,127	$19,014,136	$63,219,987	$39,339,272	$60,883,375	$124,276,306	$107,258,642	$100,100,891
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$4,057,520	$4,248,601	$5,493,609	$4,236,857	$5,914,354	$4,567,896	$5,187,253	$5,133,512
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$1,293,319	$527,868	$75,675	$0	$0	$0	$3,810,362	$6,707,262
Dividends and interest from securities	$4,717,995	$5,648,449	$5,724,865	$5,137,891	$6,731,322	$11,493,340	$11,876,810	$6,018,938
Net rental income or (loss)	$0	$0	$0	$0	$0	$1,592,955	$495,033	$838,355
Gross rents	$0	$0	$0	$0	$0	$3,510,708	$495,033	$838,355
Less: rental expenses	$0	$0	$0	$0	$0	$1,917,753	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$50,395	$4,801,356	$5,334,510	$6,377,171	$3,511,170	$7,946,986	$5,008,394	$16,638,893
Gross amount from sales of assets other than inventory	$50,395	$14,104,885	$9,607,157	$197,791,391	$268,342,015	$312,792,919	$338,756,600	$515,163,469
Less: cost or other basis and sales expenses	$0	$9,303,529	$4,272,647	$191,414,220	$264,830,845	$304,845,933	$333,748,206	$498,524,576
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$3,613,949	$7,043,123	$7,648,936	$7,532,627	$12,542,191	$19,935,501	$15,848,787	$20,311,722
Total expenses	$33,520,277	$33,079,947	$42,235,113	$41,429,299	$56,730,777	$74,245,028	$76,322,663	$80,859,838
Program services	$27,704,798	$26,118,244	$33,712,956	$32,998,488	$46,173,805	$47,667,512	$53,704,452	$52,733,770
Management and general	$3,321,512	$4,735,738	$3,277,103	$3,351,380	$6,205,773	$20,891,513	$15,154,958	$18,074,080
Fundraising	$2,493,967	$2,225,965	$5,245,054	$5,079,431	$4,351,199	$5,686,003	$7,463,253	$10,051,988
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$226,481,264	$214,510,856	$252,814,669	$283,010,826	$323,022,047	$443,784,562	$551,925,775	$595,073,742
Excess or (deficit) for the year	$4,205,028	$8,203,586	$45,262,469	$21,194,519	$32,851,635	$95,567,956	$73,162,618	$74,889,735
Net assets or fund balances at beginning of year	$241,018,366	$226,481,264	$214,510,856	$252,814,669	$283,010,826	$323,022,047	$443,784,562	$551,925,775
Other changes in net assets or fund balances	$-18,742,130	$-20,173,994	$-6,958,656	$9,001,638	$7,159,586	$25,194,559	$34,978,595	$-31,741,768

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$80,859,838	$52,733,770	$18,074,080	$10,051,988
Grants paid from donor advised funds		$0
Other grants and allocations		$34,578,875
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$769,937	$0	$769,937	$0
Compensation of former officers, directors, key employees, etc.	$210,000	$0	$210,000	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$14,665,918	$1,919,431	$6,497,296	$6,249,191
Pension plan contributions not included above	$630,920	$71,199	$295,273	$264,448
Employee benefits not included above	$1,922,904	$155,550	$334,973	$1,432,381
Payroll taxes	$892,519	$106,610	$785,909	$0
Professional fundraising fees	$505,055	$0	$55,830	$449,225
Accounting fees	$121,574	$0	$121,574	$0
Legal fees	$2,568,764	$2,237,904	$330,860	$0
Supplies	$733,453	$449,828	$217,676	$65,949
Telephone	$334,465	$61,200	$125,493	$147,772
Postage and shipping	$192,812	$36,275	$28,482	$128,055
Occupancy	$740,140	$494,924	$245,216	$0
Equipment rental and maintenance	$591,494	$301,659	$252,294	$37,541
Printing and publications	$645,206	$346,453	$93,825	$204,928
Travel	$1,477,669	$1,072,309	$222,908	$182,452
Conferences, conventions, and meetings	$347,054	$138,497	$143,077	$65,480
Interest	$3,974,906	$2,207,749	$1,767,157	$0
Depreciation, depletion, etc.	$987,496	$445,284	$542,212	$0
Other expenses not covered above	$13,968,677	$8,110,023	$5,034,088	$824,566

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$240,958,160	$227,593,789	$313,337,649	$390,104,530	$506,084,767	$630,911,482	$764,707,938	$776,050,445
Cash - non-interest-bearing	$1,053,658	$2,347,628	$1,283,511	$2,739,652	$1,072,111	$1,450,577	$2,203,239	$1,738,989
Savings and temporary cash investments	$884,157	$1,930,907	$10,760,908	$19,693,494	$30,248,101	$34,918,773	$22,253,489	$12,992,527
Accounts receivable less allowance for doubtful accounts	$1,207,556	$893,965	$1,577,109	$2,260,998	$627,183	$1,203,816	$871,410	$902,646
Pledges receivable less allowance for doubtful accounts	$41,386,375	$28,738,453	$59,234,613	$50,615,947	$46,218,023	$64,906,512	$109,569,833	$137,554,967
Grants receivable	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$473,993	$0	$0	$0	$0
Inventories for sale or use	$0	$0	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0	$0	$0	$0	$0	$178,185
Investments - publicly-traded securities							$485,994,684	$497,606,069
Investments - other securities	$182,800,862	$180,840,735	$180,373,031	$288,657,357	$298,181,363	$395,613,553	$7,898,819	$20,688,048
Investments - land, buildings, and equipment less accumulated depreciation	$10,006,976	$7,734,081	$8,245,086	$6,046,586	$51,053,896	$55,370,684	$58,295,247	$53,858,208
Investments - other	$2,850,220	$4,338,805	$49,891,116	$1,433,742	$55,513,099	$54,210,442	$2,514	$0
Land, buildings, and equipment less accumulated depreciation	$768,356	$769,215	$782,985	$15,878,141	$16,690,641	$18,062,546	$20,198,243	$21,393,371
Other assets, including program-related investments	$0	$0	$1,189,290	$2,304,620	$6,480,350	$5,174,579	$57,420,460	$29,137,435
Total liabilities	$14,476,896	$13,082,933	$60,522,980	$107,093,704	$183,062,720	$187,126,920	$212,782,163	$180,976,703
Accounts payable and accrued expenses	$6,139,812	$529,969	$1,927,743	$8,424,045	$3,612,380	$5,447,478	$6,475,098	$7,070,184
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$30,879,606	$29,609,280	$28,050,939	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$47,600,000	$70,020,000	$70,020,000	$72,820,128	$72,240,128
Mortgages and other notes payable	$0	$0	$0	$0	$12,075,000	$11,690,000	$12,275,000	$11,835,000
Other liabilities	$8,337,084	$12,552,964	$58,595,237	$51,069,659	$66,475,734	$70,360,162	$93,160,998	$89,831,391
Total liabilities and net assets/fund balances	$240,958,160	$227,593,789	$313,337,649	$390,104,530	$506,084,767	$630,911,482	$764,707,938	$776,050,445
Total net assets or fund balances	$226,481,264	$214,510,856	$252,814,669	$283,010,826	$323,022,047	$443,784,562	$551,925,775	$595,073,742

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$37,725,305	$41,283,533	$87,497,582	$62,623,818	$89,582,412	$169,812,984	$149,485,281	$155,749,573
Total revenue, gains, and other support per audited financial statements	$17,895,105	$20,790,075	$76,914,832	$71,239,531	$100,855,449	$184,776,090	$181,696,365	$122,553,340
Other expenses	$-18,912,758	$-20,493,458	$-10,582,750	$9,001,638	$11,756,952	$21,731,016	$35,570,525	$-29,654,517
Net unrealized gains on investments	$-18,742,130	$-20,173,994	$-6,958,656	$10,011,431	$10,859,789	$21,731,016	$35,009,448	$-29,654,517
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$-170,628	$-319,464	$-3,624,094	$-1,009,793	$897,163	$0	$561,077	$0
Other revenue	$917,442	$0	$0	$385,925	$483,915	$6,767,910	$3,359,441	$3,541,716
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$917,442	$0	$0	$385,925	$483,915	$6,767,910	$3,359,441	$3,541,716

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$33,520,277	$33,079,947	$42,235,113	$41,429,299	$56,730,777	$74,245,028	$76,322,663	$80,859,838
Total expenses and losses per audited financial statements	$33,349,649	$32,760,483	$38,611,019	$41,043,374	$56,246,862	$67,477,118	$72,963,222	$77,318,122
Other revenue	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other expenses	$170,628	$319,464	$3,624,094	$385,925	$483,915	$6,767,910	$3,359,441	$3,541,716
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$170,628	$319,464	$3,624,094	$385,925	$483,915	$6,767,910	$3,359,441	$3,541,716

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
60	$270,000	$17,754	$0
60	$455,000	$27,183	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	17
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Loans and Advances	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
$0	$210,000	$0	$0

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	187

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$2,700		$32,101,696	$23,544,286
Program service revenue
Program service revenue 1	000000	$0	00	$0	$2,760,537
Program service revenue 2	Advertising and related services	$2,700	00	$0	$2,370,275
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$6,707,262	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$6,018,938	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	Income exempt from debt-financed (section 514) provisions because at least 85% of the use of the property is for the organization's exempt purposes (Note: This code is only for income from the 15% or less non-exempt purpose use.) (section 514(b)(1)(A))	$838,355	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$16,638,893	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	Income from an activity that is not regularly carried on (section 512(a)(1))	$1,898,248	$18,413,474

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
866051042	100%	$6,155,463	$45,055,855
866051042	100%	$-2,264,768	$43,413,366
204030202	50%	$700,963	$33,752,945
264542947	100%	$6,038,470	$2,743,613

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$325,000	$15,987	$0
$243,278	$22,063	$0
$206,239	$38,102	$0
$177,800	$17,439	$0
$168,750	$16,847	$0

Total number of other employees paid over $50,000	103

Total number of other employees paid over $50,000

103

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization operated for the benefit of a college or university

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$41,241,496	$37,848,620	$36,088,794	$50,983,768	$64,022,433	$123,150,878	$143,313,993	$98,512,641
Gifts, grants, and contributions received	$27,678,292	$24,165,837	$20,825,745	$32,723,827	$47,957,938	$65,281,299	$105,587,817	$62,595,321
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$2,131,425	$4,057,520	$4,248,601	$4,810,465	$3,552,968	$7,557,469	$7,567,661	$5,939,702
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$5,910,387	$6,011,314	$6,176,317	$5,800,540	$4,978,900	$37,769,919	$10,223,014	$14,128,831
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$5,521,392	$3,613,949	$4,838,131	$7,648,936	$7,532,627	$12,542,191	$19,935,501	$15,848,787

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2008)
Total	$-106,575	$0	$-106,575
Gross receipts or sales less returns and allowances	$0	$0	$0
Cost of goods sold	$0	$0	$0
Gross profit	$0	$0	$0
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$-109,275	$0	$-109,275
Rent income	$0	$0	$0
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$2,700	$0	$2,700
Other income	$0	$0	$0

Deductions Not Taken Elsewhere (for 2008)
Total deductions	$45
Compensation of officers, directors, and trustees	$0
Salaries and wages	$0
Repairs and maintenance	$0
Bad debts	$0
Interest	$0
Taxes and licenses	$0
Charitable contributions	$0
Depreciation	$0
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$0
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$0
Unrelated business taxable income	$-106,620
Unrelated business taxable income before net operating loss deduction	$-106,620
Net operating loss deduction	$0
Unrelated business taxable income before specific deduction	$-106,620
Specific deduction	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Arizona State University Foundation For A New American University	PO BOX 2260, Tempe, AZ 85280-2260	AZ	1958-05	$1,044,747,994
2	University Of Arizona Foundation	1111 N Cherry Ave, Tucson, AZ 85721-0111	AZ	1962-04	$265,947,711
3	Northern Arizona University Fdn Inc	PO BOX 4094, Flagstaff, AZ 86011-0103	AZ	1965-02	$61,156,322
4	Law College Association Of The University Of Arizona	PO BOX 210176, Tucson, AZ 85721-0176	AZ	1968-03	$3,683,749
5	Cooper-Hansen Foundation	PO BOX 53456, Phoenix, AZ 85072-3456	AZ	2000-04	$1,915,774
6	Friends Of Imagine International Academy Of North Texas	5100 W Eldorado Parkway Ste 102-589, Mckinney, TX 75070	TX	2009-09	$7,669,453
7	Royal Arch Research Assistance Inc	PO BOX 128, Greenfield, IN 46140-0128	IN	1975-02	$3,764,269
8	University Metro Town Center Endowment Inc	9201 University City Blvd, Charlotte, NC 28223-0001	NC	1982-11	$1,563,501
9	Fond Du Lac Area Catholic Education Foundation Inc	255 County Road K, Fond Du Lac, WI 54937-8162	WI	2001-05	$978,222
10	Auld Public Library Foundation	537 N Webster St, Red Cloud, NE 68970-2421	NE	1999-12	$643,901
11	Round Top Library Association Inc	PO BOX 245, Round Top, TX 78954-0245	TX	1999-10	$221,005
12	Uu World Of Children	1135 State Park Rd, Greenville, SC 29609-1518	SC	2007-04	$215,918
13	Gandhi Medical College Global Alliance Inc	540 Morningside Drive, Crown Point, IN 46307	IN	2006-04	$149,058
14	Rockenbaugh Elementary School Parent Teacher Organization	700 Chaucer Ct, Southlake, TX 76092-8926	TX	1999-02	$120,008
15	Stamford High School Band Parents Association Inc	PO BOX 4574, Stamford, CT 06907-0574	CT	2007-08	$93,413
16	Franklin Elementary School District Education Foundation	PO BOX 1625, Yuba City, CA 95992-1625	CA	2009-09	$67,966
17	Dewitt High School Panthers Football Touchdown Club	PO BOX 348, Dewitt, MI 48820-0348	MI	2008-08	$63,681
18	Waterford Elementary School Parent- Teacher Organization	PO BOX 228, Waterford, VA 20197-0228	VA	1999-03	$48,662
19	Soledad Education Foundation	1261 Metz Rd, Soledad, CA 93960-2745	CA	1999-08	$29,933
20	Sebring Music Boosters Inc	PO BOX 123, Sebring, OH 44672-0123	OH	2006-12	$13,688

Number of organizations performing similar types of work

Alaska	1
Alabama	13
Arkansas	8
Arizona	5
California	78
Colorado	11
Connecticut	7
District of Columbia	6
Delaware	5
Florida	38
Georgia	18
Hawaii	2
Iowa	15
Idaho	6
Illinois	33
Indiana	13
Kansas	16
Kentucky	17
Louisiana	12
Massachusetts	19
Maryland	10
Maine	2
Michigan	15
Minnesota	17
Missouri	7
Mississippi	4

Montana	5
North Carolina	30
North Dakota	4
Nebraska	5
New Hampshire	2
New Jersey	12
New Mexico	6
Nevada	2
New York	42
Ohio	32
Oklahoma	11
Oregon	7
Pennsylvania	19
Rhode Island	6
South Carolina	8
South Dakota	2
Tennessee	8
Texas	52
Utah	4
Virginia	29
Washington	10
Wisconsin	15
West Virginia	6
Wyoming	2
International	4

Total

701

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