Ashby Foundation Inc
- Assets
- $41.8k
- Revenue
- $28.0
- Investments
- $7.3k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 06/1986
- Data as of
- 07/2024
- EIN
- 59-2570514
Organization Overview
Ashby Foundation Inc is located in Sarasota, FL. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashby Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Ashby Foundation Inc generated $28.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (70.7%) each year. All expenses for the organization totaled $4.6k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Drews President/treasurer | 1 | $0 | |
Ashby Drews Secretary | 1 | $0 | |
T Raymond Suplee Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $0 |
| Net Rental Income | -$4,090 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,151 |
| Total operating and administrative expenses | $4,623 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,491 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,776 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ashby Foundation Inc has awarded $17,731 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUBS OF SARASOTA COUNTY PURPOSE: TO SUPPORT A YOUTH MENTORING PROGRAM IN SARASOTA COUNTY | $3,000 |
SARASOTA HIGH SCHOOL FOUNDATION PURPOSE: TO SUPPORT SARASOTA HIGH SCHOOL ALUMNI ASSOCIATION | $14,231 |
S KYLE MOORE PURPOSE: TO SUPPORT UNIVERSITY OF GEORGIA GRADUATE STUDENT'S DMA DEGREE | $500 |