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Washington · Nonprofit

ASHESI UNIVERSITY FOUNDATION

ASHESI UNIVERSITY FOUNDATION (Washington) receives grants from 38 organizations whose IRS filings report $18,514,582 to it, the largest being Silicon Valley Community Foundation ($7,014,950). 28 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$6.0M
Funders on record
38
Grants received
$19M
Net assets
$21M
28/38 repeat funderspeak grant-dependency 52%
01What it does

What Ashesi University Foundation does

Mission

Ashesi University Foundation provides support for educational opportunities in ghana. Our mission is to advance the education of ethical, entrepreneurial leaders who will build a flourishing africa where all people can achieve their full potential.

As stated on its FY2024 Form 990.

Programs

  1. Campus expansion: to serve ashesi university's (ashesi) growing student body, we are raising funds to purchase equipment and build more classrooms, labs, student housing, and collaborative spaces.

    $1,977,624 spentof which $1,819,869 as grants
    48% of program spending
  2. Scholarships: as ashesi grows, we are raising funds to maintain the percentage of students on scholarships. 54% of ashesi's students received financial aid, funded through tuition and donor contributions.

    $1,296,637 spentof which $1,231,449 as grants
    32% of program spending
  3. Program growth: to provide students with the highest quality education, we are raising funds to invest in faculty development, research, the education collaborative and other initiatives and priorities.

    $831,968 spentof which $643,290 as grants
    20% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,106,229.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.6M) Expenses 100 ($5.1M) Net assets 100 ($7.5M)2018 Revenue 62 ($2.9M) Expenses 65 ($3.3M) Net assets 93 ($7.0M)2019 Revenue 68 ($3.2M) Expenses 52 ($2.6M) Net assets 102 ($7.6M)2020 Revenue 111 ($5.1M) Expenses 74 ($3.8M) Net assets 123 ($9.1M)2021 Revenue 89 ($4.1M) Expenses 90 ($4.6M) Net assets 118 ($8.8M)2022 Revenue 134 ($6.2M) Expenses 71 ($3.6M) Net assets 146 ($11M)2023 Revenue 298 ($14M) Expenses 104 ($5.3M) Net assets 267 ($20M)2024 Revenue 130 ($6.0M) Expenses 102 ($5.2M) Net assets 285 ($21M)
'17'18'19'20'21'22'23'24
Revenue (130)Expenses (102)Net assets (285)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $15M to $26M (+69%).

$8.8M
$8.5M
$8.7M
$10M
$13M
$15M
$26M
$29M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 16% · 2018 13% · 2019 16% · 2020 24% · 2021 15% · 2022 2% · 2023 5% · 2024 10%. Grants only. Government contracts and fees sit inside program revenue.

88% of ASHESI UNIVERSITY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 1,679 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$454k
’17
−$438k
’18
$544k
’19
$1.4M
’20
−$445k
’21
$2.6M
’22
$8.5M
’23
$843k
’24
23
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1719191919192118
Joined·+4+0+3+3+1+2+1
No longer listed·2033104
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 21 funders, grant income rose $732k → $7.1M.

16 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ASHESI UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 38 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASHESI UNIVERSITY FOUNDATION leans on a few funders — its largest provides 38% of grant income and the top three 67%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASHESI UNIVERSITY FOUNDATION.

38%
largest funder
67%
top three
~5
effective funders

Largest funder’s share by year: 2017 36% · 2018 39% · 2019 31% · 2020 16% · 2021 24% · 2022 32% · 2023 78% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

59% of ASHESI UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 74% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

78% of ASHESI UNIVERSITY FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4.1M that is directly attributable, 77% of it comes from funders outside Washington, across 12 states.

WA
MN
IL
NY
OR
OH
NJ
CA
CO
MD
DE
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASHESI UNIVERSITY FOUNDATION holds deeper cash reserves than three-quarters of the 1,607 international nonprofits its size.

Operating margin14% · above the median
Months of reserve22.8mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 1,607 international nonprofits $1M–$10M, FY2024

Government funding ASHESI UNIVERSITY FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.0M on record.

Federal$6.0M
grants $6.0Mcontracts $0
17
18
19
21
23
Top agencies
  • Agency for International Development$6.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ASHESI UNIVERSITY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 8%Fundraising 13%

Governance

17
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

71%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WA

Screen this organization

A dated, signed PDF of the compliance screen for ASHESI UNIVERSITY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASHESI UNIVERSITY FOUNDATION?
ASHESI UNIVERSITY FOUNDATION (Washington) receives grants from 38 organizations whose IRS filings report $18,514,582 to it, the largest being Silicon Valley Community Foundation ($7,014,950). 28 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ASHESI UNIVERSITY FOUNDATION have?
IRS filings report 38 organizations giving $18,514,582 in grants to ASHESI UNIVERSITY FOUNDATION, 28 of which have funded it in more than one year.
Who is the largest funder of ASHESI UNIVERSITY FOUNDATION?
Silicon Valley Community Foundation is the largest funder on record, with $7,014,950 in grants. The full list of funders is on this page.
How can an organization like ASHESI UNIVERSITY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ashesi University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 38 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing