The ASU endowment reached $1.47 billion at the end of the fiscal year.
The endowment posted returns of 10.1%, 9.0% and 7.6% for the trailing three-year, five-year and 10-year periods.
More than $39.3 million was raised to support student scholarships.
A $15 million donation is being combined with funding from U.S.
Senator Brian Schatz's office.
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Many people, organizations and businesses in Miami are actively committed to philanthropy. As Javier Alberto Soto, president and CEO of the Miami Foundation, puts it, “Miami is home to a young, diverse demographic that’s looking for ways to get involved, ways to improve our community that aren’t traditional, like a formal gala.”