Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, before he served as CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he ran with his brother, Francis Najafi. Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses, But DPUS may have slipped up with its 2018 contribution, forgoing the Delaware address and listing its address as 2525 E Camelback Rd Ste 850. Unlike other MLM companies, products are sold online and shipped directly to the consumer. OpenSecrets Following the money in politics. The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. The honorees are remarkable Americans who exemplify outstanding We see every color, All rights reserved. This award embodies the ideals of freedom, tolerance and acceptance Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Francis Najafi came to America from Iran to get an education and earned four degrees from three universities. (Photo by Joe Jaszewski for The Washington Post via Getty Images). The company asserts that its products are healthier and more environmentally-friendly than national brands. Between 2015 and 2016, the group. Current. comprise Americas unique cultural mosaic. degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). 0000005917 00000 n And in a $244,200 contribution to Paul Ryans joint fundraising committee. The Ellis He was drawn to an entrepreneurial culture, worked with Ed Robson of Robson Communities in the 1980's, and then joined Francis Najafi, Founder of Pivotal Group, as a partner in real estate investment. HSn@}G)_!UQ0B`%NpNZWb93350.HB$]>f8F^z^Sk6(`Sr\\L\G ZpL,Gqi Pivotal Group is part of the Venture Capital & Private Equity industry, and located in Virginia, United States. for all of its filings, including its FEC filing. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . No federal or state agency has judged the merits or value, if any, of this property. They are headquartered in Phoenix, Arizona. unwavering efforts to advance global business and global citizenship, PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was A Credit Suisse spokesman didn't dispute the loss but wouldn't comment. Francis Najafi is an Iranian-American businessman and investor. endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC]/ExtGState<>>> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <> endobj 13 0 obj [/Indexed/DeviceRGB 250 26 0 R] endobj 14 0 obj <>stream To access all the content for free, please sign up by entering your email. This material may not be published, broadcast, rewritten, or redistributed. Professional Services . Pivotal Group CEO F. Francis Najafi said SnapNurse has been growing thanks to its technology and its "understanding of how to make the process easier for both healthcare professionals and facilities" instead of getting bogged down with lengthy processes and credentialing paperwork. Tyler Rives and Francis Najafi of Pivotal . 0000061585 00000 n ), One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to, (CLF) on the same date. and real estate. 0000175548 00000 n 0000001318 00000 n The developer is Valley resident F. Francis Najafi, founder and CEO of The Pivotal Group. Habib also got another $3,900 from the Iranian American PAC. The first contribution was refunded, while Blue Magnolia Investments contribution was re-attributed to Berkshire Hathaway Automotive CEO Larry Van Tuyl, signaling that shedding light on these straw donors can force real disclosure. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments and take it from me, this guy knows what he is doing! Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. Sign up for our newsletter, and we promise to send you only the good stuff. . Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses as of 2018 including Apple, WalMart and Coca-Cola. Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Just because you can suspect an LLC has connections to company, it doesnt really tell you anything about the source of the money, Fischer said. that attract people from around the globe. , and they look to take control positions in companies. . Carey School of Business Deans Council. Justin Lanne and Sandy Alter of Grubb and Ellis represented the sellers . Not all so-called shell corporations are as easy to trace. Najafi has referred to The Central Park as his "legacy project," creating something that is unique, long-lasting, and perhaps serving as a model for . Group is a diversified investment company primarily focused on private public service activities offered by the Urban Land Institute. Some of these LLCs, such as DRT, LLC, are easier to track than others. "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. in 2012. The LLCs address, 200 Owen Parkway Circle, is the same as Lone Mountain Truck Leasing, and its registered agent in Iowa is Andy Lucht, CFO of the truck company. If youd like to learn more or opt-out, please. Your comment is The only link to National Vista on the internet is an. [2] [3] Contents 1 Early life and education 2 Career 3 Philanthropy and recognition 4 Personal life A truck leasing company in a small Iowa town is one of several companies linked to nondisclosed dark money contributions during the 2018 election cycle. For the first time since December 30, the Sun Devil women's basketball team (8-5, 0-0 Pac-12) will return to action on Friday (5 p.m. MST) when it hosts No. July 14, 2020 10:10 AM Eastern Daylight Time. Phoenix philanthropists Francis and Dionne Najafi are funding an accredited online Global Management and Entrepreneurship Certificate, consisting of five world-class courses in 40 different languages, as part of the Francis and Dionne Najafi 100 Million Learners Global Initiative. Mitchel Sayare Chairman of the Board PharmAthene, Inc. Hilla Sferruzza In the first year, the initiative aims to reach learners in Iran, Kenya, Mexico, Indonesia, Egypt, India, Senegal, Brazil and Vietnam in their native languages. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned, The funders behind National Vista did a good job concealing their identities, using the address of the companys registered agent. Copyright 2021 Pars Equality Center. He founded the privately held firm 30 years ago, investing in landmark properties. She has served as an executive for Pivotal Group, a private equity and real estate investment firm, KSL, a KKR, Kohlberg, Kravis and Roberts company, and as Executive Director of The National Women's Hall of Fame in New York, which recognizes and celebrates the achievements of extraordinary American women. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Between 2015 and 2016, the group gave a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. When Robert Sarver eventually sold the team to new ownership led by Mat Ishbia and his brother Justin Ishbia, Najafi was one of three minority team owners to keep all their stakes with the team once the sale went through on February 7, 2023. Najafi worked for Salomon Brothers, a Wall Street firm that became part of Citigroup, before he served as CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he ran with his brother, Francis Najafi. "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Park City, Utah. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. Founded by F. Francis Najafi, Pivotal Group has invested in real estate assets and companies like Instastaff and Red Mountain Resort. The Najafi Thunderbird Global Initiative is educational inclusion, innovation and impact at a worldwide scale, Khagram said. Founded more than a quarter-century ago by CEO Francis Najafi, Pivotal An immigrant from Iran, Mr. Najafi founded the Pivotal Group, a real estate and private entrepreneurial . that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. bG*aA wfmBB FP/v}. He then started to run The Pivotal Group with his brother, Francis, which focused on the purchase of major commercial properties in California. Francis Najafi, founder of Pivotal Group, announced the acquisition on behalf of a joint venture between an institutional investor and Pivotal Group. Francis Najafi (Na-JAF-ee), chief executive of Phoenix-based Pivotal Group, emerged triumphantly from a courtroom Friday as the same owner of Promontory, where more than 350. No credit card required. One dark money trail leads to Carter Lake, Iowa, population 3,785. PHOENIX, AZ - Pivotal Group, Inc., announced the successful acquisition of 21 apartment communities located in Midland, Odessa and Longview, Texas totaling over 3,200 units. The law firm, located in a suburban office building with other law firms, a financial services firm and a teak furniture store, did not respond to a request for comment. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. He has been a longtime investor in the Phoenix Suns and Mercury, and recently announced that he was maintaining his family's minority. 0000181206 00000 n Francis Najafi. a symbol of freedom and tolerance around the world, said Senator John privateequity@pivotalgroup.com, Contact Richard Garner F. Francis Najafi is Founder and Chief Executive Officer of Pivotal Group, a thirty-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. 2022 Promontory Development, LLC. Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island Health Care. Under the FECs current makeup, its debatable whether the agency would classify some of the above political contributors as shell companies at all. Pivotal Group, based in Phoenix, provided SnapMedTech with a $15 million growth equity investment and a $100 million credit facility at the end of 2020. All rights reserved. Read More sale of $100 million to $1 billion. [9], He serves as partial owner and vice chairman of the Phoenix Suns professional basketball team[4][13] and a governor on the board of the National Basketball Association. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. After graduating from Harvard with a master's degree in business economics in 1986, Najafi worked for Wall Street firm Solomon Brothers that eventually became a part of Citigroup. realestate@pivotalgroup.com, 3200 East Camelback Road Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. Francis Najafi Board Member Mr. Najafi is the founder and Chief Executive Officer of Pivotal Group, a forty-year-old firm that actively invests in private equity and real estate. Subscribe to see more. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a, , an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. his commitment to the ideals for which Thunderbird stands and his Suite 295 <<7E07F676488E4E4DB696AADCB8495A3F>]>> "F. Francis Najafi Founder and CEO Pivotal Group", "Suns Sale Closes Today:Sarver Becomes Main Owner", "With $25M gift, ASU's Thunderbird School of Global Management aims to educate 100 million worldwide by 2030", "Investor report 20042005 - Arizona Memory Project", "Board of Directors Nonprofit Leadership - The O'Connor Institute", "Landmark Hotel in Los Angeles Sold to Private Real-Estate Group", "Francis Najafi, Author at Quincy Institute for Responsible Statecraft", "GPEC welcomes new board of directors members 2018-19", "Phoenix Art Museum begins year-long celebration of its 60th anniversary with "The pARTy in the Garden" gala and late-night Museum-gala experience "The afterpARTy," celebrating Museum's rich history of providing access to the arts", "Current Supporters | EastWest Institute", "CyBERsECURITy: FORGING SOLUTIONS - EastWest Institute", "F. Francis and Dionne Najafi of Pivotal Foundation Award Ballet Arizona $500,000 in Multi-Year Gift - Health & Living Magazine", "PIVOTAL FOUNDATION - ArizonaCorporates Company Profiles of Arizona", "Philanthropist Francis Najafi Gives $1M to PARSA Community Foundation", "Mark Zuckerberg and Priscilla Chan Are Giving $50 Million to U. of Hawaii", "Najafi receives Ellis Island Medal of Honor", "Five Iranian Americans to Receive Ellis Island Medal of Honor Award", "The Valley's Most Powerful Men2012 - Page 11", "Francis and Dionne Najafi Donate $25 Million to ASU's Thunderbird School of Global Management", article "Francis Najafi" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Francis_Najafi&oldid=3075039, Thunderbird School of Global Management alumni, University of South Carolina Beaufort alumni, Thunderbird School of International Management. Excluding contributions from Melaleuca to major super PACs, VanderSloot and his wife Belinda give plenty of money on their own, contributing nearly $3.5 million to GOP candidates and groups since 1992. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group. The company has given $2.5 million to GOP outside groups since it began ramping up its political spending in 2011. Later he broadened Pivotal Group's mandate successfully investing in private equity and . 0000008522 00000 n [16], He has also served on the board of directors for the Phoenix Symphony and Phoenix Metropolitan Area Convention and Visitors Bureau, and as chair of the board of trustees of Phoenix Country Day School. ", "Paula Deen makes $75M deal to re-boot her empire", "NBA team owner may soon own Sports Illustrated's owner", "Boivin: The story behind Sean Miller's questionable timeout vs. UCLA", "STX Separating From Eros As Najafi Companies Enters $173M Agreement To Acquire Hollywood Studio", https://en.wikipedia.org/w/index.php?title=Jahm_Najafi&oldid=1141017506, This page was last edited on 22 February 2023, at 23:17. 0000001742 00000 n Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, is being awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations. Pivotal Group is the largest investor in the startup company. As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the Arizona 9th Congressional District Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. My wife and I think of education as part of your basic human rights. [28][29][30][31], In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. North of downtown, in an affluent suburb near the Biltmore Golf Club played by presidents Eisenhower, Kennedy, Johnson, Nixon, Ford and George H.W. Title. "I have a tremendous amount of respect for Francis Najafi (Pivotal's founder and CEO) and the team he has built at Pivotal, where I will have the opportunity to lead the private equity. Mr. Najafi currently serves as Chairman of the Board of Global Capacity, on the Board of Directors of the EastWest Institute, active in the World's President's Organization (WPO . To explore Pivotal Group's full profile, request access. 0 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. Copyright 2009 Associated Press. The opaque quality of a registered agent address makes the real source of the dark money very difficult to track. Hoovestol and his wife Monica arent quite megadonors, but they have given $118,320 to Republican candidates and groups and just $1,050 to Democrats since 2002, according to data from the Center for Responsive Politics. Pivotal's Francis Najafi and Tyler Rives also join SnapNurse's Board of . 0000161708 00000 n Francis Najafi See All CEO & Executives The Inside Scoop Since 1982, Pivotal Private Equity, a real estate investment and development company, has been dealing with commercial and residential clients. Popular Searches Pivotal Group Inc The Pivotal Group LLC The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. standards, and a firm belief that business can be a powerful source of Learn more about theFrancis and Dionne Najafi 100 Million Learners Global Initiative. every race from so many walks of life, together, celebrating the magic And in a $244,200 contribution to Paul Ryans joint fundraising committee, BK2 Holdings is listed as a partnership that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. organization of its kind in the U.S., presented the award. With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los Angeles, Alameda, California-based Harbor Bay and 650 California Street in San Francisco. He previously served on the . At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. 0000003204 00000 n The Ellis Island Medals of Honor pay tribute to the ancestry groups that Like Education Secretary Betsy DeVos, of the. The business wasted little time jumping into politics, giving $400,000 to the Mitch McConnell-aligned Senate Leadership Fund (SLF) on Oct. 17, 2018. VanderSloot was, national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Company: Industry: Round Size: Date: Investors: Location: SnapNurse. In 1986, he received a master's degree in business economics from Harvard University. commitment to serving his community, both locally and internationally., The cultural diversity of our great nation is essential for Americas Equal Housing Opportunity. Headquarters 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States (703) 752-6178 Pivotal Group Profile and History Established in 1985, Pivotal Group is an investment company that focuses on private equity and real estate. Another 1,500 building lots are available across a sprawling sagebrush-covered hill overlooking the ski town of Park City. Najafi kept operations going during a yearlong bankruptcy. Name. Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. DRA Strategic CommunicationsDenise D. Resnik, 602-956-8834Nick Feel free to distribute or cite this material, but please credit OpenSecrets. Im honored to be among the You have revoked consent to allow cookies. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a forty-year-old investment firm with experience in private equity, growth ventures and real estate investments. 0000001241 00000 n But DPUS may have slipped up with its 2018 contribution, forgoing the Delaware address and listing its address as 2525 E Camelback Rd Ste 850. Mr. Najafi has substantial board-level experience. trailer Prominent holdings include Los Angeles' Century Plaza Hotel and the Ritz-Carlton in Phoenix. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Ellis Island is the gateway The purpose of disclosure is to allow people to know immediately upon looking at an FEC report who the contributors are. that is America, said Nasser J. Kazeminy, Chairman of NECO. Mr. Najafi serves as a Board Member of several private companies. 0000001495 00000 n The plan is for a phased approach. Pivotal Group Location 1934 Old Gallows Rd Ste 350, Tysons Corner, Virginia, 22182, United States Description Industry Though the source of DRTs funding is muddy, it appears to have a relatively obvious link to Hoovestols businesses. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. . In this case, the source of the money is Kovner, but it takes some digging to figure that out, and BK2s contributions arent always disclosed as such. Jahm Najafi has a brother called Francis Najafi with whom he runs The Pivotal Group, a firm that focused on the purchase of major commercial properties in California Jahm Najafi Net Worth According to reports, Jahm Najafi has an estimated net worth of $3.5 billion. F HmQ:!3%=9 Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an estimated net worth of $3.4 billion, according to Forbes. Pivotal focused on the purchase of . He is also a partial owner and vice chairman of the Phoenix Suns NBA team. years ago, investing in landmark properties including the Century Plaza It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of, Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an, of $3.4 billion, according to Forbes. Francis Najafi is founder of Pivotal. It also doesnt mind giving identical contributions to the same group in multiple increments, as various branches of the company gave a total of four $250,000 contributions to anti-Obama super PAC Restore Our Future in 2011. In 1982, he founded Pivotal Group, a real estate opportunity fund. freedom of speech, religion and economic opportunity. Jobs; Sign In; Careers; By Job Titles; . 41 0 obj <>stream , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Use the CB Insights Platform to explore Pivotal Group's full profile. All prices, incentives, locations, descriptions, options, and terms are subject to change without notice. Hundreds of miles and several national parks north of Phoenix, a general business with the name National Vista, Inc. was formed in June 2018 using the address of a registered agent in Boise, Idaho. However, National Vista did something of note besides bankrolling a super PAC. Want first access to OpenSecrets' investigations and data features? Thank you for accessing our content on the Topio Networks Market Intelligence Center. Hoovestol and his wife Monica arent quite megadonors, but they have given $118,320 to Republican candidates and groups and just $1,050 to Democrats since 2002, according to data from the Center for Responsive Politics. Access to higher education and the need for equity and inclusion is one of a global scale, ASU President Michael Crow said. Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. Washington, Our private mountain club began in 2001, when the world was introduced to the vision of Promontory by an uncompromising developer with extensive experience in building communities and providing high-end hospitality. foundation board member of the Translational Genomics Research Institute Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. Pivotal's real. Promontory, valued at $560 million before the recession took hold a year ago, was sold for just $30 million to a developer who walked away from $350 million in loans packaged by Credit Suisse and sold to hedge funds and other investors. The National Ethnic Coalition of Organizations (NECO), the largest 0000003156 00000 n at %%EOF Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are highly successful Iranian-American investors who happen to be politically active. NAJAFI, FRANCIS PHOENIX, AZ 85018: Pivotal Group/Pivotal Group/Ceo: $2,800: 11/08/2019: P: DEBBIE LESKO FOR CONGRESS - Republican: NAJAFI, FRANCIS PHOENIX . All Rights Reserved. But they don't appear to be on the same page politically. NECO was created in 1984 on the conviction of its founders that the Key Quotes: 0000006605 00000 n Instastaff is a startup business that provides staffing to business customers seeking shift employees. Subscribe to see more. He is a board member of EastWest Institute, a global think-and-do Today, the club members enjoy an impressive suite of 14 signature amenities with several new additions in the works. Dallas-based Highland Capital Management, a hedge fund that owns about 40 percent of the loans, didn't return calls from The Associated Press. Iranian-American investors who happen to be politically active. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. Francis Najafi is an Iranian-American businessman and investor. A group of creditors who forced the bankruptcy said he stopped paying loans in December 2007. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Pivotal Group leads significant growth equity investment in SnapNurse, an on-demand healthcare staffing platform . The PAC received its largest donation of $20,000 from Francis Najafi, founder and CEO of the investment firm Pivotal Group. One of the reasons Arizona State University is so pleased to have Thunderbird as part of our enterprise is because it is a school that has been focused on sustained prosperity worldwide for decades. Since 2001, we have generated a substantial economic impact to Summit County, including $2 billion in construction projects, $90 million in property tax revenue, $340,000 for affordable housing, $1.2 million in grants to local non-profits, $3 million-plus in agriculture protection fees, $84 million in employee wages plus an additional $84

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