Public Charity

DOWNTOWN TEMPE FOUNDATION

DOWNTOWN TEMPE FOUNDATION is a Public Charity headquartered in TEMPE, AZ. Financial data from the 2025 filing: $1.1M revenue, $988K expenses, $122K total assets. 6 publicly reported grants to this organization, totaling roughly $277K, appear in IRS filings.

EIN: 861043201 TEMPE, AZ Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$988K
Total Assets$122K
Grant Records6
Funding Total$277K
Filing Years2021–2025

Mission

TO CURATE DIVERSE AND IMPACTFUL EXPERIENES THAT CULTIVATE COMMUNITY ENGAGEMENT.

Where $100 goes at Downtown Tempe Foundation

How Downtown Tempe Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$6 Management running the organization
$2 Fundraising raising the next dollar

Inside the $92 for programs

$92
The foundation produces large scale evens that showcase downtown Tempe and hopefully generate sales for merchants, create a sense of community, and build a connection for families and…
All 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

VICE CHAIR Barbara Lloyd
CHAIR Charles Goffnet
DIRECTOR Linda Spears
EXEC DIR/PRE Lori Foster
TREASURER Nancy Baker
DIRECTOR Rabbanni Furquaan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Environment & Conservation
$88,960 1 grant
Economic Development
$27,500 2 grants
General Support
$16,000 1 grant
Unspecified
$144,754 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $988K $122K
2024 $1.0M $983K $43K
2023 $1.0M $977K $19K
2022 $877K $820K $6K
2021 $110K $116K $166K

Between 2021 and 2025, reported annual revenue grew from $110K to $1.1M (+880%), with total assets most recently reported at $122K.

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

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