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Northern Arizona University Foundation

Flagstaff, AZ · EIN 86-0193726 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Northern Arizona University Foundation reported $89.0 million in revenue and $31.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $63.82 went to program services, $11.33 to management and general costs and $24.85 to fundraising. Its largest source of revenue was investment income: 68.7% of the total. The highest compensation it reported for one person was $353,532 (CEO). 16 people received more than $100,000 in reportable compensation. Revenue rose 221% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $89M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
63.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
24.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.30$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
29.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$353,532$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.11%1.28%
People paid over $100,000
Part VII, line 2
168
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
127.813.3
Independent voting board members
Part VI 1a–1b
18 of 18100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$20M expenses · 100.0% of program spending · grants $20M · revenue $153K

The Northern Arizona University Foundation ("nauf") is dedicated to advancing the university through fostering relationships, inspiring investment, and providing stewardship. Nauf has had one of its largest fundraising years in history, propelling the university in transforminglives and enriching communities. Donor endowments provided over $4 million to support nau, advancing academic momentum, supporting student success, improving post-college outcomes, and bringing vitality to the economy and communities of arizona and beyond. To empower students and help them achieve their aspirations, the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$295,937$0$57,595$353,532
CFO (THRU 01/25)
Officer, 40.00 hrs/week
$226,893$0$47,419$274,312
AVP
Key employee, 40.00 hrs/week
$194,982$0$59,675$254,657
AVP
Key employee, 40.00 hrs/week
$193,451$0$48,243$241,694
AVP
Key employee, 40.00 hrs/week
$188,288$0$39,855$228,143
DIRECTOR, IT
Highest compensated employee, 40.00 hrs/week
$171,710$0$37,523$209,233
DIRECTOR, UNIVERSITY DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$147,965$0$40,326$188,291
DIRECTOR, UNIVERSITY DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$127,911$0$36,745$164,656

16 people received more than $100,000 in reportable compensation from Northern Arizona University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$89M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$89M$32M63.8%$340M$353,532
FY2024 ⓘ$27M$29M72.9%$257M—
FY2023 ⓘ$31M$21M69.8%$239M$112,339
FY2022 ⓘ$38M$17M64.3%$214M—
FY2021 ⓘ$24M$25M77.3%$238M—
FY2020 ⓘ$28M$17M63.6%$195M—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 539
  • Volunteers Part I, line 6900

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ELLUCIAN COMPANY
It implementation services
$303,365
YOUR PART-TIME CONTROLLER
Accounting services
$207,340

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

27 private foundations reported grants to Northern Arizona University Foundation totaling $2.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Northern Arizona University Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Northern Arizona University Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Arizona

Questions people ask

How much of Northern Arizona University Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Northern Arizona University Foundation reported that 63.8% of its $31.9 million in expenses went to program services, 11.3% to management and general and 24.8% to fundraising (Form 990, Part IX).

How much does Northern Arizona University Foundation pay its top executive?

The largest total compensation Northern Arizona University Foundation reported for one person in the fiscal year ending June 30, 2025 was $353,532, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Northern Arizona University Foundation get its money?

Of $89.0 million in revenue in the fiscal year ending June 30, 2025, 29.9% came from contributions and grants and 0.2% from program service revenue (Form 990, Part VIII).

Is Northern Arizona University Foundation a registered charity?

The IRS lists EIN 86-0193726 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611339349305531 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520299349301032 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400399349300045 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300379349300215 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240389349300889 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110469349302106 · read the filing

All filings for EIN 86-0193726: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.