EIN 52-1862674

Asbury Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1994
Most recent tax filings
2022-12-01
Description
Securing charitable support to enhance the lives of persons served by Asbury communities, and its supported organizations.
Related structure
Asbury Foundation is a subordinate organization under Asbury Atlantic.
Total revenues
$17,996,340
2022
Total expenses
$7,595,754
2022
Total assets
$49,696,688
2022
Num. employees
0
2022

Program areas at Asbury Foundation

Asbury Foundation supports the overall charitable activities of Asbury atlantic, Inc., Asbury, Inc., albright care services, Asbury communities hcbs, Inc., and Asbury communities, Inc. Through its charitable fundraising efforts. Asbury Foundation raises funds to help support the benevolent care program for the continuing care retirement communities (ccrc's) owned and operated by the supported entities and home care services within the Asbury communities, Inc. system. The benevolent care provides confidential financial assistance to seniors being served by Asbury, who, through no fault of their own, have outlived their resources. In addition to benevolent care, Asbury Foundation raises funds for other programs that enhance the lives of Asbury residents and associates.

Grants made by Asbury Foundation

GranteeGrant descriptionAmount
Asbury AtlanticTo Support the Exempt Purpose of the Organization.$4,019,012
Albright Care ServicesTo Support the Exempt Purpose of the Organization.$997,376
Asbury PlaceTo Support the Exempt Purpose of the Organization.$13,469

Who funds Asbury Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Succ TR Uw Carrie M YoungUnrestricted General$60,013
Delaplaine FoundationUnrestricted Grant$35,000
Eugene B Casey FoundationGeneral Operating Expenses$30,000
...and 13 more grants received

Personnel at Asbury Foundation

NameTitleCompensation
Jd ShumanPresident and Chief Executive Officer / Assistant Secretary / Vice President of Development$0
Andrew JeanneretTreasurer$0
Andrew JosephAssistant Secretary and Assistant Treasurer$0
Carolyn StamatakisVice Chair / Director$0
Douglas C MyersPresident$0
...and 6 more key personnel

Financials for Asbury Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,780,753
Program services$0
Investment income and dividends$915,125
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$911,431
Net income from fundraising events$-26,439
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,415,470
Total revenues$17,996,340

Form 990s for Asbury Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-12990View PDF
2020-122021-11-04990View PDF
2019-122021-04-02990View PDF
2018-122019-12-06990View PDF
...and 12 more Form 990s
Data update history
July 14, 2024
Received grants
Identified 3 new grant, including a grant for $35,000 from Delaplaine Foundation
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $60,013 from Succ TR Uw Carrie M Young
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Funds one specific organizationProvides grantsFundraising eventsEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
5285 Westview Dr 200
Frederick, MD 21703
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Frederick County, MD
Website URL
asbury.org/foundation/ 
Phone
(301) 216-4050
Facebook page
AsburyFoundation 
Twitter profile
@asburyfound 
IRS details
EIN
52-1862674
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L11: Housing and Shelter Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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