Northern Arizona University Fdn Inc

Organization Overview

Northern Arizona University Fdn Inc is located in Flagstaff, AZ. The organization was established in 1965. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Arizona University Fdn Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Northern Arizona University Fdn Inc generated $37.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $16.9m during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION,(CONT'D ON SCHED O) AND FOSTER PRIVATE INVESTMENT IN IT BY CREATING AND NURTURING MEANINGFUL RELATIONSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NORTHERN ARIZONA UNIVERSITY FOUNDATION IS DEDICATED TO ADVANCING THE UNIVERSITY THROUGH FOSTERING RELATIONSHIPS, INSPIRING INVESTMENT, AND PROVIDING STEWARDSHIP. THIS YEAR, THE NAU FOUNDATION ACHIEVED A FUNDRAISING MILESTONE TO ASSIST NAU IN TRANSFORMING LIVES AND ENRICHING COMMUNITIES. DONORS SUPPORTED OVER $9M IN STUDENT AND FACULTY SUCCESS INITIATIVES, HELPING CREATE ACCESS TO AFFORDABLE HIGH-IMPACT ACADEMIC PROGRAMS, ADVANCE KNOWLEDGE AND INNOVATION, AND DEVELOP CULTURALLY RESPONSIVE OPPORTUNITIES FOR INDIGENOUS STUDENTS. MORE THAN $8.5M IN DONOR INVESTMENTS INSPIRED THE NAU STUDENT-ATHLETE HIGH PERFORMANCE CENTER TO CREATE A LIVING AND LEARNING RESEARCH LABORATORY. THE NAU FOUNDATION AWARDED OVER 2,200 OR APPROXIMATELY $4M IN SCHOLARSHIPS TO PROVIDE BOLD AND BOUNDLESS OPPORTUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ms Victoria Fimea
Vice Chair
$0
Mr Dave Franke
Chair
$0
Ms Amy Pena
Secretary
$0
Vadm Robin Braun
Treasurer
$0
Ms Barbara Mccloud
Past Chair
$0
Mr Michael Bassoff
CEO (thru 02/2022)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$143,307
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,119,307
Noncash contributions included in lines 1a–1f $1,492,405
Total Revenue from Contributions, Gifts, Grants & Similar$21,262,614
Total Program Service Revenue$3,803
Investment income $3,324,906
Tax Exempt Bond Proceeds $0
Royalties $1,495,673
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,545,290
Net Income from Fundraising Events -$21,125
Net Income from Gaming Activities $3,750
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,761,443

Grants Awarded

Over the last fiscal year, Northern Arizona University Fdn Inc has awarded $5,564,272 in support to 2 organizations.

Grant RecipientAmount

NORTHERN ARIZONA UNIVERSITY

PURPOSE: EDUCATION SUPPORT

$5,554,272

CITIZENS AGAINST SUBSTANCE ABUSE

Org PageRecipient Profile

PURPOSE: COMMUNITY SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Northern Arizona University Fdn Inc has recieved totaling $88,055.

Awarding OrganizationAmount
Stanley M Reinhaus Family Foundation

Tucson, AZ

PURPOSE: SCHOLARSHIPS

$50,000
E Eugene Carter Foundation

Arlington, MA

PURPOSE: SCHOLARSHIPS

$31,000
$7,055
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$191,169,979
Earnings-$35,175,771
Admin Expense$5,080,066
Net Contributions$8,172,929
Other Expense$4,867,037
Ending Balance$154,220,034

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