Asu Research Enterprise

TEMPE, AZ EIN: 90-0868685 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.2M

+193.6% YoY

Annual Giving

$646K

-60.3% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$646K

-20.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16M$32M$48M$63M2021202220232024
Metric202420232022
Total Assets$1,242,408$423,221$4,175,922
Revenue$2,002,312$809,125$8,204,365
Expenses$1,175,521$3,536,791$9,380,695
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$9M2 grants20212 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ARIZONA STATE UNIVERSITY$646K

Grant Size Distribution

7 grants across all recorded years

<$50K2$50–100K1$100–250K$250–500K1$500K–1M2$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Asu Research Enterprise fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RONALD THOMPSONMANAGING DIRECTOR (THRU 9/23)$214KJUSTIN WHEELERDIRECTOR OF OPERATIONS (THRU…$151KERIK MERCADODIRECTOR OF RESEARCH COMPLIA…$132KNICKOLAI BANNICKTELECOM ENGINEER (THRU 11/23)$106KRAJA SURESHMANAGING DIRECTOR (FROM 10/23)$84KANA ABASTAEXEC. ASST./ OFFICE MGR./SEC…$63K

From 2024 filing

NameTitleHoursCompensation
DANIEL DILLONDIRECTOR (THRU 3/24)1
VIRGINIA E DESANTOFORMER TREASURER1
HOPE SHARETTFORMER SECRETARY1
RONALD THOMPSONMANAGING DIRECTOR (THRU 9/23)50$214,017
ERIK MERCADODIRECTOR OF RESEARCH COMPLIANCE SVCS.40$132,480
JUSTIN WHEELERDIRECTOR OF OPERATIONS (THRU 5/24)40$150,836
NICKOLAI BANNICKTELECOM ENGINEER (THRU 11/23)40$105,987
RAJA SURESHMANAGING DIRECTOR (FROM 10/23)50$83,700
ANA ABASTAEXEC. ASST./ OFFICE MGR./SECRETARY40$62,755
RF SHANGRAW JRCHAIR1
SALLY MORTONVICE CHAIR1
RYAN GIVENTREASURER1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Tempe

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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