Public Charity

ASU ENTERPRISE PARTNERS

ASU ENTERPRISE PARTNERS is a Public Charity headquartered in TEMPE, AZ. Financial data from the 2025 filing: $26.1M revenue, $25.5M expenses, $394.4M total assets. 18 publicly reported grants to this organization, totaling roughly $45.5M, appear in IRS filings.

EIN: 475599177 TEMPE, AZ Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$26.1M
Total Expenses$25.5M
Total Assets$394.4M
Grant Records18
Funding Total$45.5M
Filing Years2021–2025

Mission

SEE SCHEDULE OORGANIZATION'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.

Where $100 goes at Asu Enterprise Partners

How Asu Enterprise Partners divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$70 Programs the work itself
$29 Management running the organization
$1 Fundraising raising the next dollar

Inside the $70 for programs

$41
Asuep 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
59% of program spending
$22
Asuep through its subsidiary university realty aims to advance asu by accepting and monetizing commercial office, retail, and multifamily buildings
31% of program spending
$7
Skysong innovations, LLC is an arizona limited liability company and wholly owned subsidiary of asuep which, solely for tax purposes, makes it a disregarded entity of asuep
10% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anne Mariucci
MANAGING DIRECTOR & CEO (SI) Augustine Cheng
VP VENTURE DEV. & PHYS SCI. (SI) Charlie Lewis
DIRECTOR Chris Howard
FORMER PRESIDENT & CEO Daniel Dillon
CHIEF DATA OFFICER Erin Barringer-Sterner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$41,026,700 13 grants
Research & Policy
$900,000 4 grants
Unspecified
$3,570,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $26.1M $25.5M $394.4M
2024 $14.1M $24.2M $368.0M
2023 $17.5M $35.8M $361.8M
2022 $24.0M $29.5M $381.1M
2021 $28.6M $18.5M $302.0M

Between 2021 and 2025, reported annual revenue declined from $28.6M to $26.1M (-9%), with total assets most recently reported at $394.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ASU ENTERPRISE PARTNERS

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