ASU Foundation again awarded top rating for accountability, efficiency and financial health

For the seventh time in as many years, the ASU Foundation for A New American University was awarded the top rating by Charity Navigator, one of the nation’s leading independent non-profit evaluator.

Charity Navigator’s four-star rating, the highest possible, is reserved for exceptional organizations that exceed industry standards and outperform most charities. It is based on rigorous analysis of each group’s financial health, accountability and transparency and results reporting.

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“Every day, supporters of Arizona State University are bettering lives,” said ASU Foundation CEO Gretchen Buhlig. “We are here to help donors, and the university, catalyze change across our communities. But it’s not just about what we do – it’s about how we do it, and we’re proud that Charity Navigator recognizes how seriously ASU Foundation takes its commitment to efficiently and effectively stewarding gifts.”

"We value our donors and take our responsibilities to them very seriously," said Rick Shangraw, CEO of ASU Enterprise Partners, the parent organization to ASU Foundation and other distinct non-profit resource-raising entities affiliated with ASU. "This is a wonderful validation of that."

The ASU Foundation, a private, nonprofit that raises and invests contributions to Arizona State University, recently launched Campaign ASU 2020, a campus-wide effort to raise at least $1.5 billion in support for the university’s educational priorities. It is the first such effort during ASU President Michael M. Crow’s tenure.

With the campaign’s momentum building, the ASU Foundation announced in July that more than 107,000 unique donors to ASU set a new yearly fundraising record by providing more than $220 million for research, teaching and learning programs and services.

The foundation is one of nearly 8,500 charities analyzed by Charity Navigator, which seeks to provide investors with background to inform their charitable donations. It has been called the “Michelin guide to aid organizations.”

ASU Foundation’s full rating profile is available here.