Pennsylvania · Nonprofit
ASSOCIATION OF THEOLOGICAL SCHOOLS
ASSOCIATION OF THEOLOGICAL SCHOOLS (Pennsylvania) receives grants from 3 organizations whose IRS filings report $60,297,500 to it, the largest being LILLY ENDOWMENT INC ($60,170,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $15M
- Funders on record
- 3
- Grants received
- $60M
- Net assets
- $71M
What Association of Theological Schools does
Mission
The mission of the Association is to promote the improvement and enhancement of theological schools in the United States and Canada for the benefit of communities of faith and the broader public.
As stated on its FY2025 Form 990.
Programs
Leadership Education for Theological Educators - The purpose of this program is to improve theological schools by enhancing the skills of their leaders. Through a program of targeted events, the program reaches administrative leaders and faculty in a range of administrative functions and experience levels. The program serves the administrators and faculty of 270+ member schools of the Association. The program is funded by tuition and fees from participants and a foundation grant.
$2,133,533 spent$104,969 earned by the program16% of program spendingOrganizational & Educational Models and Practices - The project seeks to engage ATS member schools in assessing current and developing educational modals and practices of theological education, identifying the most promising aspects of these models for the education and formation of theological leaders, and establishing the normative acceptance of these models in the work of the Association and its related ATS Commission on Accrediting. The project is funded solely by a foundation grant.
$1,098,463 spentof which $504,877 as grants8% of program spendingPathways for Tomorrow Coordination: This project seeks to coordinate the learning among the more than 100 member schools that received a grant from a national foundation to consider the pathways for the future of their missions and those they serve. This project was fully grant funded.
$7,296,301 spentof which $5,748,582 as grants$1,042 earned by the program53% of program spendingThe Association provided other programming for issues and initiatives that impact theological education, research on institutional viability within its schools, and promoting engaging research on relevant topics for the industry. The Association performs data collect and analysis for North American theological education. The Association engages and communicated to the membership and broader public about all that it is learning. The Association provides services to the Commission on Accrediting of the Association of Theological Schools.
$3,163,150 spent$1,408,624 earned by the program23% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $13,691,447.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 2022 to 2023, from $47M to $67M (+43%).
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.
73% of ASSOCIATION OF THEOLOGICAL SCHOOLS’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 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.
Chief executive
Frank Yamada
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $1.2M → $500k.
From the IRS filings of ASSOCIATION OF THEOLOGICAL SCHOOLS’s funders (the co-funder graph). 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
ASSOCIATION OF THEOLOGICAL SCHOOLS leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 61% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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.
Where its funders are
ASSOCIATION OF THEOLOGICAL SCHOOLS draws 100% of its grant income from funders outside Pennsylvania, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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
ASSOCIATION OF THEOLOGICAL SCHOOLS receives grants from 3 organizations whose IRS filings report $60M to it.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like ASSOCIATION OF THEOLOGICAL SCHOOLS
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 Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Commission on Accrediting of the Association of Theological Schools · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ASSOCIATION OF THEOLOGICAL SCHOOLS: 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 ASSOCIATION OF THEOLOGICAL SCHOOLS?
- ASSOCIATION OF THEOLOGICAL SCHOOLS (Pennsylvania) receives grants from 3 organizations whose IRS filings report $60,297,500 to it, the largest being LILLY ENDOWMENT INC ($60,170,000). 1 of them have funded it in more than one year.
- How many funders does ASSOCIATION OF THEOLOGICAL SCHOOLS have?
- IRS filings report 3 organizations giving $60,297,500 in grants to ASSOCIATION OF THEOLOGICAL SCHOOLS, 1 of which have funded it in more than one year.
- Who is the largest funder of ASSOCIATION OF THEOLOGICAL SCHOOLS?
- LILLY ENDOWMENT INC is the largest funder on record, with $60,170,000 in grants. The full list of funders is on this page.
- How can an organization like ASSOCIATION OF THEOLOGICAL SCHOOLS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 FY2025 (financials across 2019–2025), and the filings of 3 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