Arizona Community Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 1981, with $202,503,312 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
Revenue (FY2024)
$202.5M
▲ 112.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$122.0M
Net assets
$986.4M
Employees
111
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Arizona Community Foundation: 91% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arizona Community Foundation: 97 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Arizona Community Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arizona Community Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
To lead, serve and collaborate to mobilize enduring philanthropy for a better arizona.
Revenue grew from $98.5M (FY2014) to $202.5M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
39.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$205.9M
Net assets
$986.4M
Salaries & benefits
$9.8M
8% of expenses
Board members
30
29 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $202,503,312▲113% | $122,022,350▲28.8% | $986,374,711▲6.7% | $1,192,273,305▲7.0% | 990 |
| 2023 | $95,243,334▼22.4% | $94,743,125▼3.3% | $924,367,511▲9.3% | $1,113,813,609▲8.7% | 990 |
| 2022 | $122,702,351▼42.0% | $97,952,708▲0.1% | $845,687,299▼4.5% | $1,024,663,747▼3.9% | 990 |
| 2021 | $211,703,650▲73.4% | $97,894,383▲4.7% | $885,580,287▲14.9% | $1,066,072,012▲15.0% | 990 |
| 2020 | $122,093,747▲14.3% | $93,500,574▲33.5% | $770,432,163▲29.6% | $927,265,514▲30.3% | 990 |
| 2019 | $106,808,500▲17.9% | $70,019,898▲9.9% | $594,580,110▼4.0% | $711,496,623▼3.8% | 990 |
| 2018 | $90,614,885▼30.2% | $63,732,770▼9.6% | $619,458,443▲3.4% | $739,504,323▲3.1% | 990 |
| 2017 | $129,771,443▲0.5% | $70,480,022▲3.8% | $599,005,005▲10.5% | $717,217,361▲11.1% | 990 |
| 2016 | $129,149,918▼11.9% | $67,913,276▲11.4% | $541,996,192▲11.3% | $645,436,557▲11.8% | 990 |
| 2015 | $146,674,622▲48.9% | $60,943,250▲20.3% | $487,181,903▲10.3% | $577,324,314▲9.1% | 990 |
| 2014 | $98,499,375 | $50,655,383 | $441,759,984 | $529,199,358 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Anna Maria Chavez — $572,500 (0.47% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anna Maria Chavez | President & Ceo | 45 | $572,500 |
| Eric Nystrom | Chief Operating Officer | 45 | $350,379 |
| Kimberly Kur | Chief Development Officer | 45 | $276,728 |
| Monica Brown | Chief People Officer | 45 | $240,063 |
| Kim Covington | Vp, Strategic Partnerships | 45 | $169,454 |
| Casey Stevens | Vp, Investments | 45 | $158,557 |
| Stephanie Harrer | Vp, Controller | 45 | $147,065 |
| Lorenzo Chavez Executive | Director, Education & Scholarships | 45 | $139,200 |
| Jacob Shellinger | General Counsel | 45 | $138,140 |
| Ann Melsheimer | Director | 1 | — |
| Anthony Sharett | Director | 1 | — |
| Bettina Nava | Director | 1 | — |
| Charley Freericks | Vice Chair | 1 | — |
| Curtiss Smith | Director | 1 | — |
| Danny Bryant | Director | 1 | — |
| Deanna Salazar | Director | 1 | — |
| Don Opatrny | Director | 1 | — |
| Essen Otu | Director | 1 | — |
| Eve Ross | Director | 1 | — |
| Heidi Jannenga | Secretary | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Ami Nagle & Associates Inc | Program Coordination | $1,198,352 |
| Bank of America (merrill Lynch) | Investment Management/broker Fees | $967,803 |
| Mercer Consulting | Investment Consulting Services | $504,589 |
| Northern Trust | Custody Fees/broker Fees | $355,793 |
| One Community | Consultation Fees | $253,797 |
223 grants to Arizona Community Foundation totaling $43.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Helios Education Foundation | See part iv | 2024 | $968,000 |
| Valley of the Sun United Way | Program support | 2024 | $734,400 |
| Burton Family Foundation | General support | 2024 | $339,500 |
| The Thunderbirds | Community service | 2024 | $160,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $115,500 |
| Arizona Community Foundation | This award is for social venture partners 25th anniversary | 2024 | $53,000 |
| American Endowment Foundation | Philanthropy | 2024 | $49,000 |
| American Online Giving Foundation Inc | General support | 2024 | $34,815 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $21,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $19,500 |
| Pga Tour Inc | General support | 2024 | $14,399 |
| The Community Foundation For Northeast Florida Inc | $10k to forest highlands foundation for general operating support and $1k to support the denise martinez golf tournament | 2024 | $11,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $7,100 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $5,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,181 |
1,174 grants totaling $92.9M in FY2024 — showing the 15 largest. All grants made by Arizona Community Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Raymond James Charitable Endowment Fund | This award is designated support for the odom family foundation fund | $7,952,021 |
| Phoenix Art Museum | This award is designated support for the granted artwork | $7,914,420 |
| Phoenix Country Day School | This award is designated support for the construction of a new "theater, arts, and music" instruction building. | $3,507,500 |
| Heard Museum | This award is designated support for the restaurant renovation project. | $3,064,045 |
| Denison University | This award is designated support for the financial aid grant fund. | $3,000,000 |
| Arizona State University Foundation For A New American University | This award is designated support for the following: $1,000,000.00 - for the robert b. cialdini professor of social influence fund $500,000.00 - for the robert b. cialdini visiting professor of social influence fund | $2,529,270 |
| Arizona Golf Community Foundation | This award is designated support for evie's pavilion expansion at papago golf course. | $2,500,000 |
| Desert Botanical Garden | This award is designated support for 5 pieces of artwork | $2,110,398 |
| Barrow Neurological Foundation | This award is designated support for the endowment of neurodegeneration research. | $2,064,250 |
| Bard College | This award is designated support for the russian independent media archive's collaboration with pen america and the rima team. | $2,050,100 |
| Wheaton College | This award is designated support for the life and career design institute. | $2,000,000 |
| National Philanthropic Tr | This award is designated support for the j&g hull donor advised fund on behalf of john & gail m. hull | $1,728,959 |
| The Association For Frontotemporal Degeneration | This award is general support for aftds mission. | $1,200,000 |
| University of Arizona Foundation | This award is designated support for the college of agriculture equine program | $1,142,507 |
| The Phoenix Theatre Company | This award is for the phoenix theater for the naming of the rehearsal hall after the reese family | $1,066,500 |
Explore more
Data for Arizona Community Foundation (EIN 86-0348306) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.