ASU Enterprise Partners is a nonprofit organization whose mission is to provide an ecosystem of services to create solutions and generate resources to extend Arizona State University’s reach and advance its charter. It supports ASU and several affiliates to generate resources and advance the university’s mission.
A defining feature of Asu Enterprise Partners is the scale of its program support for the ASU ecosystem: the two largest recent grants both went to the ASU Foundation for a New American University, including $15,139,524 in 2024 and $13,530,031 in 2023. That pattern shows a funder centered on Arizona State University and its affiliated entities, using grant dollars to support university programs, faculty, students, and related initiatives. The organization’s stated mission is to create solutions and generate resources that extend ASU’s reach and advance its charter. Recent grants also show support beyond the primary philanthropic arm. In 2025, Asu Enterprise Partners gave $1,493,129 to the Asu Enterprise Partners Outreach Hub for program support, and it made other program-support grants to ASU-affiliated or university-linked organizations such as ASU Research Enterprise and Arizona State University. The foundation’s role is less about broad external philanthropy than about funding the internal and affiliated infrastructure that helps the university system operate, raise resources, and carry out mission-related work.
Higher education is the clearest theme in the grant record. Asu Enterprise Partners gave $1,773,603 in 2025 and $15,139,524 in 2024 to the ASU Foundation for a New American University for program support, both tied to ASU’s philanthropic and program infrastructure. The other visible theme is outreach and engagement. In 2025, the foundation awarded $1,493,129 to the Asu Enterprise Partners Outreach Hub for program support, pointing to internal capacity for communications or engagement work. It also supports university-linked research and innovation functions. A 2025 grant of $30,000 to Asu Research Enterprise was marked for program support, and grants to Arizona State University itself in 2023, 2024, and 2025 show direct backing for the university as an operating and mission-related recipient.
Asu Enterprise Partners’ recent grants are heavily skewed toward larger program-support awards. The typical grant size sits at a p25 of $59,797, a median of $75,000, and a p75 of $1,633,366, which indicates a mix of smaller operating-style awards and very large institutional transfers. The grant list also shows repeated support to the same recipients across multiple years, especially the ASU Foundation for a New American University and Invision AZ, suggesting ongoing relationships rather than isolated awards. The organization does not fund individuals and does not make program-related investments. Its grantmaking is described as program/project support, restricted funding, and direct service funding.
$7M
$394.4M
$26.1M
$25.5M
Most grants fall between $60K and $1.6M, with a median of $75K.
25th Percentile
$60K
Median
$75K
75th Percentile
$1.6M
MERIDITH RENTZ
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Giving is entirely local and entirely in Arizona: 100% of grants in the data went to recipients in the HQ state. Tempe is the most common recipient city, with multiple awards to ASU Foundation for a New American University, Arizona State University, Asu Enterprise Partners Outreach Hub, and Asu Research Enterprise. Phoenix also appears through Invision AZ. The recipient-country distribution is exclusively U.S.-based, with 11 grants going to U.S. recipients.
It funds ASU-linked organizations and university-related entities. Recent recipients include the ASU Foundation for a New American University, Arizona State University, the Asu Enterprise Partners Outreach Hub, Asu Research Enterprise, and Invision AZ, all for program support.
The grant distribution shows a p25 of $59,797, a median of $75,000, and a p75 of $1,633,366. That range reflects both smaller awards and very large institutional grants.
The data shows no out-of-state giving. All 11 recent grants went to recipients in Arizona, and the geographic scope of giving is listed as local.
Yes. The ASU Foundation for a New American University appears in 2023, 2024, and 2025, and Invision AZ appears in both 2023 and 2024, indicating recurring support rather than one-time awards.
No. The foundation does not fund individuals.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| ASU FOUNDATION FOR A NEW AMERICAN UNIVERSITY | TEMPE, AZ | $4,306,168 | 2026 | PROGRAM SUPPORT |
| ASU ENTERPRISE PARTNERS OUTREACH HUB | TEMPE, AZ | $2,595,736 | 2026 | PROGRAM SUPPORT |
| ARIZONA STATE UNIVERSITY | TEMPE, AZ | $84,823 | 2026 | PROGRAM SUPPORT |
| ASU FOUNDATION FOR A NEW AMERICAN UNIVERSITY | TEMPE, AZ | $1,773,603 | 2025 | PROGRAM SUPPORT |
| ASU ENTERPRISE PARTNERS OUTREACH HUB | TEMPE, AZ | $1,493,129 | 2025 | PROGRAM SUPPORT |
| INVISION AZ | PHOENIX, AZ | $75,000 | 2025 | PROGRAM SUPPORT |
| ARIZONA STATE UNIVERSITY | TEMPE, AZ | $54,478 | 2025 | PROGRAM SUPPORT |
| ASU RESEARCH ENTERPRISE | TEMPE, AZ | $30,000 | 2025 | PROGRAM SUPPORT |
| ASU FOUNDATION FOR A NEW AMERICAN UNIVERSITY | TEMPE, AZ | $15,139,524 | 2024 | PROGRAM SUPPORT |
| ARIZONA STATE UNIVERSITY | TEMPE, AZ | $65,116 | 2024 | PROGRAM SUPPORT |
| INVISION AZ | PHOENIX, AZ | $50,000 | 2024 | PROGRAM SUPPORT |
| ASU FOUNDATION FOR A NEW AMERICAN UNIVERSITY | TEMPE, AZ | $13,530,031 | 2023 | PROGRAM SUPPORT |
| INVISION AZ | PHOENIX, AZ | $75,000 | 2023 | PROGRAM SUPPORT |
| ARIZONA STATE UNIVERSITY | TEMPE, AZ | $69,466 | 2023 | PROGRAM SUPPORT |
ASU ENTERPRISE PARTNERS OUTREACH HUB
$2,595,736PROGRAM SUPPORT
ARIZONA STATE UNIVERSITY
$84,823PROGRAM SUPPORT
ASU ENTERPRISE PARTNERS OUTREACH HUB
$1,493,129PROGRAM SUPPORT
INVISION AZ
$75,000PROGRAM SUPPORT
ARIZONA STATE UNIVERSITY
$54,478PROGRAM SUPPORT
ASU RESEARCH ENTERPRISE
$30,000PROGRAM SUPPORT
ARIZONA STATE UNIVERSITY
$65,116PROGRAM SUPPORT
INVISION AZ
$50,000PROGRAM SUPPORT
INVISION AZ
$75,000PROGRAM SUPPORT
ARIZONA STATE UNIVERSITY
$69,466PROGRAM SUPPORT