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Virginia · Nonprofit

FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC

FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC (Virginia) receives grants from 1 organization whose IRS filings report $500 to it, the largest being THE MERCHANTS BONDING COMPANY FOUNDATION ($500). 0 of them have funded it in more than one year.

Revenue FY2025
$149k
Funders on record
1
Grants received
$500
Net assets
$760k
0/1 repeat funders
01What it does

What Foundation of the American Subcontractors Association Inc does

Mission

Work to improve the business practices in the construction industry through research, education and the dissemination of information.

As stated on its FY2025 Form 990.

Programs

  1. Research, education and communication: conduct and fund research on the construction industry. Achievements included funding academic research on the construction industry and facilitating the distribution of the research results to the construction industry.provide business management education to the construction industry. Achievements included providing educational programming through written and recorded materials; and the internet, including discussion groups.communicate in a timely, focused, interactive and effective manner. Achievements included publishing a quarterly educational journal.

    $194,665 spent
    92% of program spending
  2. Subexcel is an annual convention providing several days of education including providing awareness relating to the foundation's fasa cares initiatives.

    $17,854 spent$6,250 earned by the program
    8% of program spending
  3. Fasa cares is a program where the foundation promotes awareness and provides information regarding specific issues, impacting the construction industry. For example, work forced development, including women in construction, national disaster, recovery and suicide prevention in the construction industry. The foundation provides informational content links to resources, and requests grants and pay out grants to our chapters who help support these fasa cares initiatives.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $212,519.

02The organization over time

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.

100 = 20172017 Revenue 100 ($18k) Expenses 100 ($13k) Net assets 100 ($841k)2018 Revenue 47 ($8k) Expenses 109 ($14k) Net assets 99 ($835k)2019 Revenue 38 ($7k) Expenses 63 ($8k) Net assets 99 ($834k)2020 Revenue 49 ($9k) Expenses 97 ($13k) Net assets 100 ($842k)2021 Revenue 69 ($12k) Expenses 43 ($6k) Net assets 103 ($863k)2022 Revenue 130 ($24k) Expenses 105 ($14k) Net assets 98 ($827k)2023 Revenue 1025 ($186k) Expenses 595 ($78k) Net assets 112 ($939k)2024 Revenue 1956 ($356k) Expenses 3693 ($487k) Net assets 97 ($819k)2025 Revenue 818 ($149k) Expenses 1675 ($221k) Net assets 90 ($760k)
'17'18'19'20'21'22'23'24'25
Revenue (818)Expenses (1675)Net assets (90)

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 $827k to $952k (+15%).

$841k
$835k
$834k
$842k
$863k
$827k
$952k
$835k
$911k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$5k
’17
−$6k
’18
−$2k
’19
−$4k
’20
$7k
’21
$10k
’22
$108k
’23
−$131k
’24
−$72k
’25
4.4
months of
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

Richard Bright

CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed76661010101010
Joined·+1+0+1+9+1+0+5+0
No longer listed·20151050
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC’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.

Where its funders are

FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC draws 100% of its grant income from funders outside Virginia, across 1 state in all.

IA

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.

04Its place in the field

Organizations like FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION 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 Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

59%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 3 related entities

  • American Subcontractors Association · exempt
  • American Subcontractors Association-Political Action Committee · exempt
  • Asa Limited Partnership · partnership

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION 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.

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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 FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC?
FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC (Virginia) receives grants from 1 organization whose IRS filings report $500 to it, the largest being THE MERCHANTS BONDING COMPANY FOUNDATION ($500). 0 of them have funded it in more than one year.
How many funders does FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC have?
IRS filings report 1 organization giving $500 in grants to FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC.
Who is the largest funder of FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC?
THE MERCHANTS BONDING COMPANY FOUNDATION is the largest funder on record, with $500 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION OF THE AMERICAN SUBCONTRACTORS ASSOCIATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 2017–2025), and the filings of 1 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