| THE RONALD AND MAXINE LINDE FOUNDATION | Paradise Valley | — | $4.9M | 0 |
| SAHUARITA FOOD BANK | Sahuarita | K31 Food, Agriculture & Nutrition | $4.9M | 1 |
| PAINTED DESERT DEMONSTRATION | Flagstaff | B29 Education | $4.9M | 4 |
| HEALTH INDUSTRY BUSINESS | Phoenix | — | $4.9M | 3 |
| DESTINY SCHOOL INCORPORATED | Globe | B82 Education | $4.9M | 4 |
| PARADISE VALLEY CHRISTIAN SCHOOL | Phoenix | B240 Education | $4.8M | 2 |
| BRIGHTER WAY INSTITUTE | Phoenix | E30 Health Care | $4.8M | 3 |
| Arizona Goodwill Education Services | Phoenix | B29 Education | $4.8M | 2 |
| WEST GILBERT CHARTER ELEMENTARY | Buckeye | B29 Education | $4.8M | 1 |
| Estrella Educational Foundation | Phoenix | B99 Education | $4.8M | 0 |
| Cochise Community Development Corp | Sierra Vista | B20 Education | $4.8M | 2 |
| TEMPE COALITION FOR AFFORDABLE HOUSING INC | Tempe | L21 Housing & Shelter | $4.8M | 0 |
| BOYS & GIRLS CLUBS OF THE VALLEY | Phoenix | O23I Youth Development | $4.8M | 2 |
| KEYSTONE MONTESSORI CHARTER SCHOOL | Phoenix | B29 Education | $4.8M | 1 |
| CENTER FOR HEALTH AND RECOVERY | Phoenix | F50Z Mental Health & Crisis Intervention | $4.8M | 2 |
| Community Water Company of Green Valley | Green Valley | — | $4.8M | 3 |
| WM SYMPOSIA INC | Tempe | — | $4.8M | 3 |
| ST ANDREW'S CHILDREN'S CLINIC | Green Valley | — | $4.7M | 1 |
| ARIZONA MULTIHOUSING ASSOCIATION | Phoenix | — | $4.7M | 2 |
| VISIT MESA | Mesa | — | $4.7M | 5 |
| VICTORY COLLEGIATE ACADEMY | Phoenix | B29 Education | $4.7M | 1 |
| HORSES HELP FOUNDATION | Phoenix | — | $4.7M | 1 |
| ETHOS ACADEMY | Glendale | B24 Education | $4.7M | 1 |
| Happy Valley East | San Tan Valley | B20 Education | $4.7M | 2 |
| PHOENIX INDIAN CENTER INC | Phoenix | P840 Human Services | $4.7M | 2 |
| FLAGSTAFF SHELTER SERVICES INC | Flagstaff | L41 Housing & Shelter | $4.7M | 1 |
| Benchmark SchoolInc | Phoenix | B20 Education | $4.7M | 1 |
| TUCSON INTERNATIONAL SCHOOL INC | Tucson | B24 Education | $4.7M | 1 |
| GREATER PHOENIX CHAMBER FOUNDATION | Phoenix | T30 Philanthropy, Voluntarism & Grantmaking Foundations | $4.6M | 4 |
| LOS NINOS HOSPITAL INC | Phoenix | E20 Health Care | $4.6M | 3 |
| ARIZONA ALZHEIMERS RESEARCH CENTER INC | Phoenix | H83 Medical Research | $4.6M | 1 |
| NEW HORIZONS CENTER FOR PEOPLE WITH SPECIAL NEEDS | Lake Havasu City | — | $4.6M | 1 |
| BALL CHARTER SCHOOLS (VAL VISTA) | Gilbert | B29 Education | $4.6M | 1 |
| A PLUS CHARTER SCHOOLS | Maricopa | B29 Education | $4.6M | 0 |
| Campesinos Sin Fronteras | Somerton | O50 Youth Development | $4.6M | 1 |
| SEDONA-OAK CREEK AIRPORT AUTHORITY | Sedona | W99 Public & Societal Benefit | $4.6M | 1 |
| ARIZONA HISTORICAL SOCIETY | Tucson | — | $4.6M | 0 |
| HOMEWARD BOUND | Phoenix | L800 Housing & Shelter | $4.6M | 1 |
| Foothills Educational Foundation | Phoenix | B20 Education | $4.6M | 1 |
| THE SPROUTS HEALTHY COMMUNITIES | Phoenix | T70 Philanthropy, Voluntarism & Grantmaking Foundations | $4.6M | 0 |
| YAVAPAI COLLEGE FOUNDATION INC | Prescott | B12 Education | $4.6M | 2 |
| Chrysalis Shelter for Victims | Phoenix | P43Z Human Services | $4.5M | 4 |
| ISLAMSKA ZAJEDNICA BOSNJAKA SJEVERNE AMERIKE | Phoenix | — | $4.5M | 1 |
| VALLEY OF THE SUN WALDORF EDUCATION | Phoenix | B21Z Education | $4.5M | 2 |
| Open Compliance and Ethics Group Inc | Phoenix | B05 Education | $4.5M | 2 |
| BIG BROTHERS BIG SISTERS OF CENTRAL | Phoenix | O31Z Youth Development | $4.5M | 3 |
| CPLC ACTION FUND | Phoenix | S99 Community Improvement & Capacity Building | $4.4M | 4 |
| CHALLENGE SCHOOL INC | Glendale | B20Z Education | $4.4M | 3 |
| APEX TRANSITIONAL HOUSING | Phoenix | F80 Mental Health & Crisis Intervention | $4.4M | 3 |
| ACADEMIC OPPORTUNITY OF ARIZONA | Phoenix | B99 Education | $4.4M | 1 |