Absher Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMI, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.1M in total assets. In 2024, it awarded 15 grants totaling $1.5M. Net investment income was $3.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.1M
+36.2% YoY
Annual Giving
$1.5M
+143.9% YoY
Grant Count
15
+150.0% YoY
Avg Grant Size
$101K
-2.4% YoY
Under IRS private-foundation payout rules, Absher Charitable Foundation Inc reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Absher Charitable Foundation Inc
Based on IRS filings
Absher Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMI, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.1M in total assets. In 2024, it awarded 15 grants totaling $1.5M. Net investment income was $3.5M.
Focus Areas
Ready to take the next step with Absher Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,083,085 | $32,356,924 | $31,407,254 |
| Revenue | $13,555,040 | $1,771,608 | $19,646,055 |
| Expenses | $1,828,908 | $821,938 | $650,250 |
| Qualifying Distributions | $1,518,643 | $622,596 | $481,718 |
| Net Investment Income | $3,480,420 | $1,766,339 | $697,519 |
| Distributable Amount | $1,959,806 | $1,519,531 | $777,298 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarships ($437,966), Norris City-omaha-enfield Cusd #3 ($386,900), Carmi Fire Department ($195,414).
| Recipient | Purpose | Amount |
|---|---|---|
| CARMI FIRE DEPARTMENT CARMI, IL | TO PURCHASE NEW BRUSH TRUCKS, SIDE X SIDE, TANKS AND SKIDS. | $195,414 |
| CARMI WHITE COUNTY CUSD#5 CARMI, IL | READING PROGRAM,TO UPDATE CURRICULUM SUBSCRIPTION & INSTALL BOOK VENDING MACHINES IN ELEM. SCH. SUBSCRIPTION, INSTALL BOOK VENDING MACHINE IN ELEMENTARY SCH. | $71,694 |
| NORRIS CITY-OMAHA-ENFIELD CUSD #3 NORRIS CITY, IL | RENOVATE ENTIRE HOME EC LAB WITH COMMERCIAL KITCHENS & 5 WORK STATIONS. | $386,900 |
| SCHOLARSHIPS VARIOUS, IL | TO PROVIDE SCHOLARSHIPS TO UNIVERSITIES FOR APPROVED STUDENTS. | $437,966 |
| SOUTHEASTERN ILLINOIS COLLEGE HARRISBURG, IL | TO PROVIDE TO THE DUAL CREDIT PROGRAM & NEW SIGNAGE AT THE CARMI CAMPUS. | $148,074 |
| WHITE COUNTY AMBULANCE SERVICE CARMI, IL | RED CROSS TRAINING & PAY OFF LOAN ON AMBULANCE. | $104,218 |
| WHITE COUNTY 4H CARMI, IL | NEW LIGHTING, FANS, BLEACHERS, UPDATES TO THE LIVESTOCK BARN. | $5,000 |
| WHITE COUNTY CEO CARMI, IL | TO PROVIDE FUNDING FOR STUDENTS INTERESTED IN STARTING A BUSINESS. | $10,000 |
| NORRIS CITY FIRE DEPARTMENT NORRIS CITY, IL | TO PURCHASE EQUIPMENT, FOAM PACKS, EXTINGUISHERS & FIRE BLANKETS. | $10,694 |
| CARMI COMPASSION CENTER CARMI, IL | FUNDS TO ASSIST WITH A NEW BUILDING. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMBER CARNEY | EXECUTIVE DIRECTOR | 40 | $50,000 |
| AL FRITSCHLE | DIRECTOR | — | — |
| NIKKI ROSER | DIRECTOR | — | — |
| TIMOTHY A SCHULER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Absher Charitable Foundation Inc?
Absher Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMI, IL. It holds $44.1M in total assets as of 2024.
How large is Absher Charitable Foundation Inc?
As of 2024, Absher Charitable Foundation Inc holds $44.1M in total assets with $13.6M in annual revenue. It awarded 15 grants totaling $1.5M in 2024.
Where does Absher Charitable Foundation Inc operate?
Absher Charitable Foundation Inc has awarded grants in Illinois, New Jersey.
What size grants does Absher Charitable Foundation Inc award?
In 2024, Absher Charitable Foundation Inc awarded 15 grants totaling $1.5M — an average of about $101K per grant, based on its IRS Form 990 filings.
How much is Absher Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Absher Charitable Foundation Inc reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Absher Charitable Foundation Inc's EIN?
Absher Charitable Foundation Inc's EIN (Employer Identification Number) is 83-2527679. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Absher Charitable Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Absher Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Absher Charitable Foundation Inc to a real strategy.