| PHOENIX PERFORMING ARTS CENTER INC | Phoenix | A610 Arts, Culture & Humanities | $3.8M | 2 |
| SOUTHWEST WILDLIFE CONSERVATION CENTER | Scottsdale | D340 Animal-Related | $3.8M | 0 |
| OAKWOOD CREATIVE CARE INC | Mesa | P700 Human Services | $3.8M | 2 |
| IMPACT OF SOUTHERN ARIZONA | Tucson | S20 Community Improvement & Capacity Building | $3.8M | 1 |
| KHALSA FAMILY SERVICES INC | Tucson | B29 Education | $3.8M | 1 |
| FREEDOM ACADEMY INC | Phoenix | B29 Education | $3.8M | 2 |
| The Orme School | Mayer | — | $3.8M | 0 |
| COVENANT HEALTH NETWORK | Phoenix | E19 Health Care | $3.8M | 6 |
| COUNTRY GARDENS CHARTER SCHOOLS | Laveen | B29 Education | $3.8M | 0 |
| The Womens Foundation for the State of Arizona | Tucson | S81 Community Improvement & Capacity Building | $3.8M | 2 |
| ARIZONA LAND AND WATER TRUST INC | Tucson | C340 Environment | $3.8M | 1 |
| THE PITRE FAMILY FOUNDATION | Scottsdale | T22 Philanthropy, Voluntarism & Grantmaking Foundations | $3.8M | 0 |
| PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION | Phoenix | S31 Community Improvement & Capacity Building | $3.8M | 0 |
| DEVONSHIRE RESIDENTAL ASSOCIATION | Scottsdale | S20 Community Improvement & Capacity Building | $3.8M | 0 |
| WORLDATWORK SOCIETY OF CERTIFIED PROFESSIONALS | Scottsdale | S40 Community Improvement & Capacity Building | $3.8M | 1 |
| ELEVATE PHOENIX | Phoenix | O50 Youth Development | $3.8M | 2 |
| Vitalant Foundation | Scottsdale | E61 Health Care | $3.8M | 5 |
| MORRISON EDUCATION GROUP INC | Phoenix | B29 Education | $3.8M | 1 |
| Republic Services Charitable Foundation | Phoenix | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $3.7M | 0 |
| COYOTES AMATEUR HOCKEY ASSOCIATION | Scottsdale | N68 Recreation & Sports | $3.7M | 0 |
| FAMILY HOUSING RESOURCES INC | Tucson | L20 Housing & Shelter | $3.7M | 1 |
| Make Way For Books | Tucson | B92 Education | $3.7M | 2 |
| VERDE VALLEY AMBULANCE CO INC | Cottonwood | — | $3.7M | 2 |
| CHANDLER CULTURAL FOUNDATION | Chandler | A20 Arts, Culture & Humanities | $3.7M | 2 |
| COMMUNITY ACTION HUMAN RESOURCES AGENCY | Eloy | L80Z Housing & Shelter | $3.7M | 2 |
| TMC HEALTH MEDICAL EDUCATION PROGRAM | Tucson | E60 Health Care | $3.7M | 7 |
| ARIZONA ASSOCIATION OF HEALTH PLANS INC | Phoenix | S41 Community Improvement & Capacity Building | $3.7M | 1 |
| B J ENTERPRISES | Scottsdale | — | $3.7M | 2 |
| APRENDER TUCSON | Tucson | W40 Public & Societal Benefit | $3.7M | 3 |
| The Grove Frisco Residential Community Inc | Glendale | L50 Housing & Shelter | $3.7M | 0 |
| HOUSING SOLUTIONS OF NORTHERN ARIZONA INC | Flagstaff | L40Z Housing & Shelter | $3.7M | 1 |
| VECTOR SCHOOL DISTRICT INC | Chandler | B29 Education | $3.7M | 2 |
| TOHONO CHUL PARK INC | Tucson | C34 Environment | $3.6M | 2 |
| FREEDOM PREP ACADEMY-MESA | Gilbert | B29 Education | $3.6M | 2 |
| THE NEIGHBORHOOD CHRISTIAN CLINIC INC | Phoenix | E32 Health Care | $3.6M | 3 |
| SCIENCE TECHNOLOGY ENGINEERING AND MATH ARIZONA | Tucson | B21 Education | $3.6M | 1 |
| THE GRAND CENTRAL PARK RESIDENTIAL ASSOCIATION INC | Scottsdale | L50 Housing & Shelter | $3.6M | 1 |
| KALEIDOSCOPE SCHOOL | Phoenix | B20 Education | $3.6M | 2 |
| COCHISE CREDIT UNION | Willcox | — | $3.6M | 1 |
| FSL MANAGEMENT | Phoenix | L200 Housing & Shelter | $3.6M | 9 |
| WIYN CONSORTIUM INC | Tucson | U31C Science & Technology | $3.6M | 1 |
| PEOPLE OF FAITH FOUNDATION INC | Sun City | E91I Health Care | $3.6M | 3 |
| MCDOWELL MOUNTAIN MUSIC FESTIVAL INC | Phoenix | A68 Arts, Culture & Humanities | $3.6M | 0 |
| Mary Ellen Halvorson Education Foundatio | Prescott | B25 Education | $3.6M | 3 |
| INPO MEDICAL BENEFITS PLAN CHARLES SCHWAB TRUST BANK TRUSTEE | Phoenix | — | $3.6M | 0 |
| Tucson Audubon Society | Tucson | D30 Animal-Related | $3.6M | 2 |
| SCHOLARS ACADEMY SUNNYSLOPE | Phoenix | B29 Education | $3.6M | 1 |
| HOME BUILDERS ASSOCIATION OF CENTRAL ARIZONA | Phoenix | — | $3.6M | 3 |
| PHOENIX SUNS CHARITIES INC | Phoenix | P123 Human Services | $3.6M | 0 |
| Kautz Family Foundation | Tucson | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $3.5M | 0 |