NonprofitsAsu Enterprise Partners

Education

Asu Enterprise Partners

TEMPE, AZ

Total revenue

$14.1M

Total expenses

$24.2M

Net assets

$235.8M

Grants received

$25.6M

12 grants

EIN

475599177

Tax year

2023

Mission

Organization's missionasu enterprise partners serves as the resource-raising arm of arizona state university. As the parent organization of five nonprofits that are each tasked with identifying new revenue opportunities, asu enterprise partners represents a highly efficient model for diversified revenue generation. Through its nonprofits, asu enterprise partners invests in initiatives and partnership opportunities that provide resources to arizona state university.

Programs

2 programs

See schedule oep through its subsidiary skysong innovations works with asu faculty, postdocs, and students to translate their research innovations into commercial applications. To date, more than 250 startups have been launched based on asu innovations, attracting more than $1.4 billion in funding from outside investors, generating substantial local economic impact. The national academy of inventors and the intellectual property owners association now ranks asu 9th in the world. Utility patents granted to universities worldwide. Other universities ranked alongside asu in the top 20 include mit, stanford university, john hopkins university, harvard and the california institute of technology. Skysong innovations also operates an office out of the asu california center in santa monica, facilitate linkages between the arizona and southern california innovation ecosystems, including connecting asu inventors with california-based investors.

Expenses: $973KGrants: $5K

See schedule oep manages investment pools and programs that generate revenue through investments in education technology companies and an angel investor membership program to advance asu-affiliated startups.

Expenses: $5.5MGrants: $3.4M

Financials

FY 2023

Revenue

Contributions & grants$294K
Program service revenue$3.7M
Investment income$4.2M
Other revenue$5.9M
Total revenue$14.1M

Expenses

Grants paid$3.4M
Salaries & benefits$9.0M
Fundraising$535K
Other expenses$11.7M
Total expenses$24.2M
Total assets$368.0M
Net assets$235.8M

People

22 listed

NameRoleCompensation

DANIEL DILLON

PRESIDENT AND CEO (THRU 12/23)

Board

$824K

37 hrs/wk

VIRGINIA E DESANTO

VICE PRESIDENT, CFO & TREASURER

Board

$306K

38 hrs/wk

HOPE SHARETT

GENERAL COUNSEL/CORPORATE SECRETARY (THRU 12/23)

Board

$293K

47 hrs/wk

CHRIS HOWARD

DIRECTOR

Board

1 hrs/wk

LISA LOO

DIRECTOR

Board

1 hrs/wk

ANNE MARIUCCI

DIRECTOR

Board

1 hrs/wk

GRETCHEN BUHLIG

DIRECTOR & CEO (ASUF)

Board

1 hrs/wk

MARK SEARLE

PRESIDENT AND CEO (3/24 THRU 6/24)

Board

37 hrs/wk

JOHN GRAHAM

CHAIR

Board

1 hrs/wk

NITA FRANCIS

VICE CHAIR

Board

1 hrs/wk

MACKENZIE WOODS

INTERIM SECRETARY (1/24 THRU 5/24)

Board

1 hrs/wk

NICOLE COLYER

SECRETARY

Board

1 hrs/wk

MICHAEL CROW

ASU PRESIDENT

Board

1 hrs/wk

STEVE BETTS

CHAIR (UR)

Board

1 hrs/wk

MORGAN OLSEN

VICE CHAIR (IC)

Board

2 hrs/wk

AUGUSTINE CHENG

MD & CEO (SI)

Staff

$612K

50 hrs/wk

JEFF ROBERTS

MANAGING DIRECTOR UR

Staff

$378K

50 hrs/wk

JEFF MINDLIN

CHIEF INVESTMENT OFFICER

Staff

$372K

40 hrs/wk

KYLE SIEGAL

ED & CHIEF PATENT COUNSEL

Staff

$307K

40 hrs/wk

STEPHANIE LEACH

CHIEF TECH. OFFICER (THRU 12/23)

Staff

$295K

40 hrs/wk

CHARLIE LEWIS

VP VENTURE DEV. & PHYS SCI. (SI)

Staff

$257K

40 hrs/wk

RAHIMA MISTRY

VP STRATEGIC INSIGHTS & ANALYTICS

Staff

$251K

40 hrs/wk

Independent contractors

MST SOLUTIONS

CONSULTING SERVICES

$815K

SALESFORCECOM INC

SOFTWARE SERVICES

$746K

QUARLES AND BRADY LLP

EP LEGAL SERVICES & SI PATENT PROSECUTIO

$728K

POLSINELLI PC

SI PATENT PROSECUTION

$703K

OBERMEYER PRODUCTIONS INC

VIDEO PRODUCTION

$604K

Grants received

Showing 12 of 12

FromAmountPurposeYear
$3.5M
PROGRAM SUPPORT
2021
$9M
PROGRAM SUPPORT
2020

Funded by

$25.6M from 4 funders · 12 grants · 2018–2023

Asu Research Enterprise

$12.5M · 2 grants · 2020–2021

Arizona State University Foundation For

$12.3M · 7 grants · 2018–2023

Foundation For Food And Agriculture

$450K · 1 grant · 2023

Arizona State University Research Park

$300K · 2 grants · 2022–2023

Details

EIN475599177
NTEE codeB11
Subsection03
Ruling date2016-03
Formed2015
Employees212
Volunteers11
ASU ENTERPRISE PARTNERS — Mission, Financials & Grants Received | Grantivo