Ashcroft Foundation Tr

Organization Overview

Ashcroft Foundation Tr is located in Fernandina Beach, FL. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ashcroft Foundation Tr 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 12/2022, Ashcroft Foundation Tr generated $32.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $20.4k during the year ending 12/2022. While expenses have increased by 11.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S MAIN FUNCTION IS TO MAKE CONTRIBUTIONS TO PUBLIC CHARITIES MAINLY IN THE PUBLIC MINISTRY AREA FOCUSED ON YOUNG PEOPLE. THE BOARD OF DIRECTORS INVESTIGATES VARIOUS CHARITIES IN THE AREA AND THEN VOTES TO CONTRIBUTE VARIOUS AMOUNTS TO THESE SPECIFIC CHARITIES.


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Board, Officers & Key Employees

Name (title)Compensation
David Terry
Trustee
$0
Donna Terry
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $6,784
Interest on Savings $351
Dividends & Interest $735
Net Rental Income$0
Net Gain on Sale of Assets $24,117
Capital Gain Net Income $24,117
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $31,987

Grants Awarded

Over the last fiscal year, Ashcroft Foundation Tr has awarded $19,100 in support to 10 organizations.

Grant RecipientAmount

FERNANDINA BEACH CHRISTIAN ACADEMY

Org PageRecipient Profile

Fernandina Beach, FL

PURPOSE: CHRISTIAN MINISTRY

$6,400

THE SOUTHERN BAPTIST THEOLOGICAL SEMINARY

Org PageRecipient Profile

Louisville, KY

PURPOSE: CHRISTIAN MINISTRY

$5,000

THE BAPTIST CHURCH OF NORTHVILLE

PURPOSE: CHRISTIAN MINISTRY

$4,000

THE WOMENS HEALTH CENTER

PURPOSE: HEALTHCARE

$1,300

NAVIGATORS

PURPOSE: CHRISTIAN MINISTRY

$500

SET FREE CHURCH

PURPOSE: CHRISTIAN MINISTRY

$500
View Grant Profile

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