The ASU Foundation for A New American University is a private nonprofit organization that serves as the fundraising arm for Arizona State University (ASU). Its core mission is to unite ideas, people, and philanthropy to advance ASU's charter, which focuses on broadening access to education, supporting research, and driving innovation. The foundation directs philanthropic contributions to support the university's strategic goals.
A key initiative is the Changing Futures campaign, which works to connect donors' personal passions with ASU's mission-driven projects. The foundation operates with a commitment to donor impact and operational efficiency, noting that 95 cents of every gift is directed to its intended purpose. It has received a 4-star rating from Charity Navigator, an independent charity evaluator.
In terms of scale, the foundation raised over $215 million in a single year. Its work is situated within the Higher Education sector, supporting one of the largest public universities in the United States. The organization's focus is on fostering relationships between the university and its supporters to create societal impact.