Arkansas State University System
THE PRIMARY PURPOSE OF THE ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION, INC. (THE FOUNDATION) IS TO RECEIVE, SOLICIT, ACCEPT AND HOLD, ADMINISTER, INVEST AND DISBURSE ANY AND EVERY KIND OF PROPERTY FOR SUCH EDUCATION, SCIENTIFIC, LITERARY, RESEARCH AND SERVICE ACTIVITIES FROM INDIVIDUALS AND ORGANIZATIONS, INCLUDING FOUNDATIONS, GOVERNMENT AGENCIES, AND PRIVATE BUSINESSES, TO SUPPORT THE CORPORATION'S ACTIVITIES, AND IT SHALL MANAGE ENDOWMENTS GIVEN TO THE CORPORATION FOR THE BENEFIT OF ALL THE ARKANSAS STATE UNIVERSITY SYSTEM CAMPUSES OPERATIONS, SITES AND FACILITIES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$167.5M
+29.2% YoY
Annual Giving
$4.3M
-39.1% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$617K
-39.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $167,464,277 | $129,583,231 | $121,901,814 |
| Revenue | $39,409,489 | $10,187,918 | $12,203,394 |
| Expenses | $8,270,123 | $10,145,082 | $7,097,922 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,464,182 | $2,595,659 | $5,470,477 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Arkansas State University System fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICOLE FREY | PRESIDENT | 1 | — |
| MELISSA LIVINGSTON | BOARD LIASON | 1 | — |
| CHARLOTTE RAZER | BOARD CHAIR | 1 | — |
| DAVID A PICKLER | BOARD VICE CHAIR | 1 | — |
| DR HAZEL DICKY | IMMEDIATE PAST CHAIR | 1 | — |
| PAM KAIL | SECRETARY | 1 | — |
| PHILIP JACKSON | FORMER PRESIDENT | 1 | — |
| PHILLIP BUTTERFIELD | DIRECTOR | 1 | — |
| CHRIS VANLANDINGHAM | DIRECTOR | 1 | — |
| SHARON DAVIS | DIRECTOR | 1 | — |
| JIM GOWEN JR | DIRECTOR | 1 | — |
| JOE MILES | DIRECTOR | 1 | — |
| CRAIG WALKER | DIRECTOR | 1 | — |
| HUGH BURGE | DIRECTOR | 1 | — |
| SCOTT WHITE | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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