| TRELLIS | Phoenix | — | $5.1M | 2 |
| CHANDLER SCHOOL BOOSTERS INC | Chandler | B19 Education | $5.1M | 0 |
| CROWN CHARTER SCHOOL INC | Litchfield Park | B29 Education | $5M | 1 |
| DESTINY SCHOOL INCORPORATED | Globe | B82 Education | $5M | 4 |
| CHRISTIAN CARE ASSISTED LIVING (PHOENIX) INC | Phoenix | E91 Health Care | $5M | 5 |
| VERDERIA | Paulden | C34 Environment | $5M | 0 |
| LAW COLLEGE ASSOCIATION OF THE UNIVERSITY OF ARIZONA | Tucson | B110 Education | $5M | 0 |
| Grand Canyon University CityServe | Phoenix | P11 Human Services | $5M | 2 |
| SUN VALLEY ACADEMY-AVONDALE INC | Avondale | B29 Education | $5M | 1 |
| ST JOSEPH THE WORKER | Phoenix | — | $4.9M | 3 |
| GIRL SCOUTS OF SOUTHERN ARIZONA | Tucson | O42Z Youth Development | $4.9M | 1 |
| PAINTED DESERT DEMONSTRATION PROJECTS INC | Flagstaff | B29 Education | $4.9M | 4 |
| REID TRADITIONAL SCHOOLS' PAINTED ROCK ACADEMY INC | Phoenix | B29 Education | $4.9M | 1 |
| Estrella Educational Foundation | Phoenix | B99 Education | $4.9M | 0 |
| ASSOCIATION FOR LEARNING ENVIRONMENTS | Scottsdale | — | $4.9M | 1 |
| VALLEY OF THE SUN BOWL FOUNDATION | Scottsdale | N11 Recreation & Sports | $4.9M | 6 |
| KIVEL MANOR | Phoenix | L210 Housing & Shelter | $4.9M | 0 |
| Sonoran Prevention Works | Tempe | E70 Health Care | $4.9M | 2 |
| PLANET WATER FOUNDATION | Phoenix | — | $4.9M | 2 |
| SAHUARITA FOOD BANK | Sahuarita | K31 Food, Agriculture & Nutrition | $4.9M | 1 |
| MESA COMMUNITY ACTION NETWORK INCORPORATED | Mesa | P20Z Human Services | $4.9M | 6 |
| SECURED ALLIANCE | Phoenix | P82 Human Services | $4.9M | 8 |
| BALL CHARTER SCHOOLS (VAL VISTA) | Gilbert | B29 Education | $4.9M | 1 |
| HEALTH INDUSTRY BUSINESS COMMUNICATIONS COUNCIL | Phoenix | — | $4.9M | 3 |
| ARIZONA HOUSING INC | Phoenix | L21 Housing & Shelter | $4.9M | 2 |
| PARADISE VALLEY CHRISTIAN SCHOOL | Phoenix | B240 Education | $4.8M | 2 |
| BRIGHTER WAY INSTITUTE | Phoenix | E30 Health Care | $4.8M | 3 |
| DMG INSURANCE COMPANY INC | Phoenix | E11 Health Care | $4.8M | 6 |
| IMAGINE CHARTER ELEMENTARY AT CAMELBACK INC | Phoenix | B29 Education | $4.8M | 2 |
| Community Water Company of Green Valley | Green Valley | — | $4.8M | 3 |
| WEST GILBERT CHARTER ELEMENTARY SCHOOL | Buckeye | B29 Education | $4.8M | 1 |
| BOYCE THOMPSON SOUTHWESTERN ARBORETUM | Superior | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $4.8M | 3 |
| CASA ACADEMY INC | Phoenix | M99 Public Safety, Disaster Preparedness & Relief | $4.8M | 1 |
| TEMPE COALITION FOR AFFORDABLE HOUSING INC | Tempe | L21 Housing & Shelter | $4.8M | 0 |
| BOYS & GIRLS CLUBS OF THE VALLEY FOUNDATION | Phoenix | O23I Youth Development | $4.8M | 2 |
| ST ANDREW'S CHILDREN'S CLINIC | Green Valley | — | $4.7M | 1 |
| ARIZONA MULTIHOUSING ASSOCIATION | Phoenix | — | $4.7M | 2 |
| VISIT MESA | Mesa | — | $4.7M | 5 |
| GATEWAY ACADEMY | Phoenix | B28 Education | $4.7M | 2 |
| Center for Health and Recovery | Phoenix | F50Z Mental Health & Crisis Intervention | $4.7M | 3 |
| AZURA INC | Mesa | P20 Human Services | $4.7M | 3 |
| HORSES HELP FOUNDATION | Phoenix | — | $4.7M | 1 |
| ACADEMIC OPPORTUNITY OF ARIZONA | Phoenix | B99 Education | $4.7M | 1 |
| Happy Valley East | San Tan Valley | B20 Education | $4.7M | 2 |
| VERDE VALLEY SCHOOL | Sedona | — | $4.7M | 1 |
| MUSIC SERVING THE WORD MINISTRIES | Scottsdale | X20 Religion-Related | $4.7M | 0 |
| FLAGSTAFF SHELTER SERVICES INC | Flagstaff | L41 Housing & Shelter | $4.7M | 1 |
| Benchmark SchoolInc | Phoenix | B20 Education | $4.7M | 1 |
| NEWTOWN COMMUNITY DEVELOPMENT CORPORATION | Tempe | L20 Housing & Shelter | $4.7M | 1 |
| GREATER PHOENIX CHAMBER FOUNDATION | Phoenix | T30 Philanthropy, Voluntarism & Grantmaking Foundations | $4.6M | 4 |