Maryland · Nonprofit
ASBURY FOUNDATION INC
ASBURY FOUNDATION INC (Maryland) receives grants from 34 organizations whose IRS filings report $2,141,580 to it, the largest being SUCC TR UW CARRIE M YOUNG ($694,007). 19 of them have funded it in more than one year.
- Revenue FY2024
- $12M
- Funders on record
- 34
- Grants received
- $2.1M
- Net assets
- $38M
What Asbury Foundation Inc does
Mission
Securing charitable support to enhance the lives of persons served by asbury communities, inc. And its supported organizations.
As stated on its FY2024 Form 990.
Program
Asbury foundation supports the overall charitable activities of asbury atlantic, inc., albright care services, and asbury communities, inc. Through its charitable fundraising efforts. Asbury foundation raises funds for the not-for-profit charitable missions of the senior living and health service providers affiliated with asbury communities, inc. More specifically, funds raised by the asbury foundation is used for benevolent care, which is confidential financial assistance for seniors served by asbury, who, through no fault of their own, have outlived their financial resources. In addition, the asbury foundation raises funds for other capital projects and programs that benefit residents and associates, including associate scholarship awards.I. Organizational overviewasbury foundation, inc. ("asbury foundation") is a not-for-profit organization recognized as tax-exempt under section 501(c)(3) of the internal revenue code. The foundation exists to support the charitable activities of asbury atlantic, inc., asbury communities, inc., and albright care services. The foundation secures and stewards philanthropic gifts that directly enhance the lives of older adults and associates across…
$9,614,059 spentof which $9,094,816 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $9,614,059.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $39M to $53M (+34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
77% of ASBURY FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (80% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Carolyn Stamatakis
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 15 funders, grant income rose $122k → $448k.
10 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ASBURY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 34 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASBURY FOUNDATION INC has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASBURY FOUNDATION INC.
Largest funder’s share by year: 2017 54% · 2018 42% · 2019 39% · 2020 36% · 2021 57% · 2022 33% · 2023 49% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
56% of ASBURY FOUNDATION INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
ASBURY FOUNDATION INC draws 83% of its grant income from funders outside Maryland, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $498k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ASBURY FOUNDATION INC's funding base is broadening — from 8 funders to 15 as grant income climbed.
this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024
Organizations like ASBURY FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
69%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 14 related entities
- Asbury Atlantic Inc · exempt
- Asbury Communities Inc · exempt
- Affiliated Associates Inc · exempt
- Asbury Communities Hcbs Inc · exempt
- Asbury Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ASBURY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASBURY FOUNDATION INC?
- ASBURY FOUNDATION INC (Maryland) receives grants from 34 organizations whose IRS filings report $2,141,580 to it, the largest being SUCC TR UW CARRIE M YOUNG ($694,007). 19 of them have funded it in more than one year.
- How many funders does ASBURY FOUNDATION INC have?
- IRS filings report 34 organizations giving $2,141,580 in grants to ASBURY FOUNDATION INC, 19 of which have funded it in more than one year.
- Who is the largest funder of ASBURY FOUNDATION INC?
- SUCC TR UW CARRIE M YOUNG is the largest funder on record, with $694,007 in grants. The full list of funders is on this page.
- How can an organization like ASBURY FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 34 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing