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Arizona · Nonprofit

NORTHERN ARIZONA UNIVERSITY FOUNDATION

NORTHERN ARIZONA UNIVERSITY FOUNDATION (Arizona) receives grants from 172 organizations whose IRS filings report $45,782,713 to it, the largest being Helios Education Foundation ($7,502,500). 97 of them have funded it in more than one year.

$89M
Revenue FY2025
172
Funders on record
$46M
Grants received
$340M
Net assets
97/172 repeat funderspeak grant-dependency 29%

Against its field

NORTHERN ARIZONA UNIVERSITY FOUNDATION runs a healthier operating margin than three-quarters of the 3,681 education nonprofits its size.

Operating margin64% · top quartile
Months of reserve3.7mo · above the median
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($20M) Expenses 100 ($13M) Net assets 100 ($158M)2018 Revenue 94 ($19M) Expenses 109 ($14M) Net assets 110 ($173M)2019 Revenue 104 ($21M) Expenses 116 ($15M) Net assets 115 ($181M)2020 Revenue 136 ($28M) Expenses 127 ($17M) Net assets 124 ($195M)2021 Revenue 118 ($24M) Expenses 188 ($25M) Net assets 151 ($238M)2022 Revenue 185 ($38M) Expenses 130 ($17M) Net assets 136 ($214M)2023 Revenue 154 ($31M) Expenses 162 ($21M) Net assets 152 ($239M)2024 Revenue 133 ($27M) Expenses 219 ($29M) Net assets 163 ($257M)2025 Revenue 437 ($89M) Expenses 245 ($32M) Net assets 216 ($340M)
'17'18'19'20'21'22'23'24'25
Revenue (437)Expenses (245)Net assets (216)Peer revenue range

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
2025
ContributionsProgram revenueInvestmentOther

30% of NORTHERN ARIZONA UNIVERSITY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$7.3M
17
$4.9M
18
$6.1M
19
$11M
20
$410k
21
$21M
22
$10M
23
$1.4M
24
$57M
25
3.7
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 28 funders to 68 funders, grant income rose $2.5M → $9.0M.

33 of 172 of your funders are donor-advised or pass-through sponsors (tagged DAF)18% 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 NORTHERN ARIZONA UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 172 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

NORTHERN ARIZONA UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 16% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

71% 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 NORTHERN ARIZONA UNIVERSITY FOUNDATION.

16%
largest funder
34%
top three
~18
effective funders

Largest funder’s share by year: 2017 60% · 2018 32% · 2019 64% · 2020 17% · 2021 15% · 2022 54% · 2023 42%diversifying over time.

“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

35% of NORTHERN ARIZONA UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 56% 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

NORTHERN ARIZONA UNIVERSITY FOUNDATION draws 51% of its grant income from funders outside Arizona, across 33 states in all.

WA
MT
MN
IL
WI
MI
NY
MA
NV
WY
IN
OH
PA
NJ
CT
CA
UT
CO
NE
MO
KY
VA
DE
AZ
AR
TN
NC
DC
MS
AL
GA
TX
FL

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

17
18
19
20
21
22
23
Arizona out of state home

Funder states come from each funder’s own filing. $8.1M arriving through sponsors registered in 18 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 172 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NORTHERN ARIZONA UNIVERSITY FOUNDATION

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

In Arizona

Nationally

04Profile & governance

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

Where the money goes

64% of spending goes to programs.

Program 64%Management 11%Fundraising 25%

Governance

18
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

61%

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

Footprint & structure

Files a return copy in 18 states

AK
ME
NH
WA
MN
IL
MI
NY
MA
OR
OH
NJ
CA
UT
CO
MD
HI
OK

Part of a family of 5 related entities

  • Northern Az Real Estate Holdings LLC · disregarded
  • Nau Ventures LLC · disregarded
  • Charitable Remainder Trusts (3) · corp_trust
  • Frier Trust · corp_trust
  • Armond Irrevocable Trust · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NORTHERN ARIZONA 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTHERN ARIZONA UNIVERSITY FOUNDATION?
NORTHERN ARIZONA UNIVERSITY FOUNDATION (Arizona) receives grants from 172 organizations whose IRS filings report $45,782,713 to it, the largest being Helios Education Foundation ($7,502,500). 97 of them have funded it in more than one year.
How many funders does NORTHERN ARIZONA UNIVERSITY FOUNDATION have?
IRS filings report 172 organizations giving $45,782,713 in grants to NORTHERN ARIZONA UNIVERSITY FOUNDATION, 97 of which have funded it in more than one year.
Who is the largest funder of NORTHERN ARIZONA UNIVERSITY FOUNDATION?
Helios Education Foundation is the largest funder on record, with $7,502,500 in grants. The full list of funders is on this page.
How can an organization like NORTHERN ARIZONA UNIVERSITY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 172funders 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 August 27, 2026. What this page cannot tell you · view filing