| STEWARDSHIP ENDOWMENT FUND | $5,622,391 | $2,857,563 |
| ASSOCIATION FOR LEARNING ENVIRONMENTS | $3,168,218 | $2,776,257 |
| GOLF FORE AFRICA INC | $2,939,397 | $2,772,121 |
| SCOTTSDALE AREA ASSOCIATION OF REALTORS INC | $2,802,243 | $2,712,618 |
| SCOTTSDALE MUSEUM OF THE WEST INC | $2,627,279 | $2,670,032 |
| AESOP INC | $3,287,259 | $2,636,689 |
| CANYON FALLS MASTER COMMUNITY ASSOC | $2,270,156 | $2,557,250 |
| ARIZONA MUSICFEST INC | $3,812,725 | $2,496,645 |
| ARIZONA DENTAL ASSOCIATION | $2,536,686 | $2,439,977 |
| LAS SCHOOL FOUNDATION | $2,149,185 | $2,235,746 |
| AMERICAS AUTOMOTIVE TRUST | $1,794,259 | $2,232,740 |
| NORTHRISE UNIVERSITY INITIATIVE | $4,024,629 | $2,211,356 |
| LITTLE LAMB COMMUNITY SCHOOL | $2,184,705 | $2,149,426 |
| ISLANDS COMMUNITY ASSOCIATION | $2,281,192 | $2,088,491 |
| JARED ALLENS HOMES FOR WOUNDED WARRIORS | $1,734,555 | $1,996,378 |
| SOUTHWEST SECTION OF THE PGA | $1,703,684 | $1,859,983 |
| SCOTTSDALE RANCH COMMUNITY ASSOCIATION | $1,919,319 | $1,859,444 |
| ESTRELLA COMMUNITY ASSOCIATION | $1,789,015 | $1,856,369 |
| AMERICAN ASSOCIATION OF COSMETOLOGY SCHOOLS | $1,661,329 | $1,820,291 |
| HIRSCH ACADEMY A CHALLENGE FOUNDATION ACADEMY INC | $1,552,036 | $1,776,038 |
| MISSION ONE INC | $1,728,288 | $1,768,581 |
| SCOTTSDALE ARTISTS SCHOOL INC | $1,489,789 | $1,735,862 |
| SURPLUS LINE ASSOCIATION OF ARIZONA | $1,502,049 | $1,650,568 |
| SCHOOL OF ARCHITECTURE AT TALIESIN | $1,107,164 | $1,620,107 |
| NATIONAL ASSOCIATION OF TOBACCO OUTLETS INC | $1,781,833 | $1,564,025 |