Asbury Foundation for Theological Education Inc
Theological education fundraising for Asbury Theological Seminary operations support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
+593.9% YoY
Annual Giving
$6.3M
Grant Count
4
Avg Grant Size
$1.6M
About Asbury Foundation for Theological Education Inc
Based on IRS filings
Asbury Foundation for Theological Education Inc is a nonprofit organization, based in WILMORE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 4 grants totaling $6.3M. Net investment income was $50K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,372,898 | $1,206,600 | — |
| Revenue | $13,507,298 | $1,000,000 | — |
| Expenses | $6,341,000 | $793,400 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $49,819 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asbury Theological Seminary ($4,120,000), Favor International ($2,000,000), One Mission Society ($206,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Favor International Bradenton, FL | Support of organization | $2,000,000 |
| One Mission Society Greenwood, IN | Support of organization | $206,000 |
| Artists in Christian Testimony Inc Brentwood, TN | Porter's Gate project | $15,000 |
| Asbury Theological Seminary Wilmore, KY | Support the organization's scholarship | $4,120,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bryan P Blankenship | Treasurer | 0.5 | — |
| Anna Jackson | Secretary | 0.5 | — |
| Gregg A Okesson | Provost & Vice President | 0.5 | — |
| Tammy Hogan | Board Member | 0.5 | — |
| Timothy C Tennent | President | 0.5 | — |
| Sherree Funk | Board Member | 0.5 | — |
Frequently Asked Questions
How large is Asbury Foundation for Theological Education Inc?
As of 2024, Asbury Foundation for Theological Education Inc holds $8.4M in total assets with $13.5M in annual revenue. It awarded 4 grants totaling $6.3M in 2024.
Where does Asbury Foundation for Theological Education Inc operate?
Asbury Foundation for Theological Education Inc has awarded grants in Florida, Indiana, Kentucky, Tennessee.
What size grants does Asbury Foundation for Theological Education Inc award?
In 2024, Asbury Foundation for Theological Education Inc awarded 4 grants totaling $6.3M — an average of about $1.6M per grant, based on its IRS Form 990 filings.
What is Asbury Foundation for Theological Education Inc's EIN?
Asbury Foundation for Theological Education Inc's EIN (Employer Identification Number) is 61-1164593. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Asbury Foundation for Theological Education Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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