Arizona State University Foundation

About The Fund

Arizona State University Foundation, also known as ASU Foundation, is a vital entity committed to advancing the mission of Arizona State University (ASU) through philanthropic efforts. The foundation was established in 1955 in Tempe, Arizona, to support ASU by managing and investing private gifts, engaging in entrepreneurial activities, and serving as an advisor to the University President. Tasked with handling the university's endowment, the ASU Foundation's investment portfolio, valued at over $922 million, includes domestic and international equities, fixed income, private equity, hedge funds, and cash. The foundation’s investment strategy is overseen by an investment committee forming part of the foundation's board of directors, and it operates under the leadership of an Outsourced Chief Investment Officer. The foundation's goal is to generate significant returns over various time frames, with reported returns for 1 year, 3 years, 5 years, 10 years, and 15 years at 10.20%, 9.94%, 5.05%, 7.95%, and 6.85%, respectively. Their investments are aimed to support ASU in numerous areas including global education, health and wellness, community resilience, sustainability, technological advancement, social justice, and arts and culture. In the recent years, the foundation's activities have resulted in substantial financial aid for over 7,000 ASU students, with scholarships amounting to upwards of $32 million, further accentuating their investment in education and community wellbeing. Emphasizing transparency and accountability, the ASU Foundation boasts a commendable four-star rating from Charity Navigator. They endeavor to ensure that each donation is utilized effectively to address the most pressing needs of ASU and the broader community, reinforcing its commitment to empowering people and achieving a broad impact in education, sustainability, and health.