Asbury Foundation Inc
Securing charitable support to enhance the lives of persons served by asbury communities, inc. And its supported organizations.
Asbury Foundation Inc at a glance
In short: Asbury Foundation Inc gave $8.9M across 2 grants in 2024 (avg $4.5M), mostly in Maryland. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $8,913,802
- -14.6% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $4,456,901
- -14.6% vs 2023
- Median grant
- $4,456,901
- Total assets
- $60,878,176
- +5.1% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Asbury Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Asbury Atlantic ($7.8M). Together the top 2 received $8.9M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 13 (31%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Asbury Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+19%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.0M (2022) to $10.4M (2023). In 2024 it made 2 grants totaling $8.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Asbury Atlantic Frederick, MD | To Support the Exempt Purpose of the Organization | $7,777,574 |
| Albright Care Services Frederick, MD | To Support the Exempt Purpose of the Organization. | $1,136,228 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $60,878,176 | $12,120,322 | $11,774,042 | $8,913,802 | 2 | $2,908,403 |
| 2023 | $57,936,966 | $11,557,277 | $12,293,098 | $10,443,064 | 2 | $1,411,264 |
| 2022 | $49,696,688 | $17,996,340 | $7,595,754 | $5,029,857 | 3 | $1,826,556 |
| 2021 | $52,948,136 | $11,506,831 | $8,770,474 | $7,459,965 | 3 | $1,251,933 |
| 2020 | $39,397,235 | $11,932,146 | $8,383,343 | $7,408,848 | 3 | $6,079,200 |
About Asbury Foundation Inc
Based on IRS filings
Asbury Foundation Inc is a public charity, based in Frederick, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60.9M in total assets. In 2024, it awarded 2 grants totaling $8.9M. Net investment income was $2.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Asbury Foundation Inc is led by Jd Shuman, President, CEO & Ex-Officio on every filing since 2020; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jd Shuman
President, CEO & Ex-Officio
On filings since 2020
39 hrs/week
No compensation reported
Doug Leidig
Acomm President, CEO & Ex-Officio
New on the 2024 filing
1 hr/week
No compensation reported
Carolyn Stamatakis
Chair
Director → Vice Chair, 2021
Vice Chair → Chair, 2023
On filings since 2020
2 hrs/week
No compensation reported
Mary Anne Morefield
Director
On filings since 2020
2 hrs/week
No compensation reported
Richard Dick Vert
Director
On filings since 2020
2 hrs/week
No compensation reported
Linda Woodin
Director
On filings since 2022
2 hrs/week
No compensation reported
Sara Tapiero
Director
On filings since 2022
2 hrs/week
No compensation reported
Robert Burke
Director
On filings since 2023
2 hrs/week
No compensation reported
Andrew Jeanneret
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Andrew Joseph
Secretary
On filings since 2020
1 hr/week
No compensation reported
Loann Burian
Vice Chair
Director → Vice Chair, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (7)
- Former: Richard Stang (2020–2023) — Director
- Former: Douglas Leidig (2023) — Acomm President, CEO & Ex-Officio
- Former: Bud Edwards (2020–2022) — Director
- Former: Corey Basehore (2020–2022) — Director
- Former: Cynthia Mordaunt Rosborough (2021–2022) — Director
- Former: Aurora Sevilla (2020) — Director
- Former: Donald Tim Trissler (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Asbury Foundation Inc
How much does Asbury Foundation Inc give each year?
Asbury Foundation Inc gave $8.9M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $10.4M across 2 grants.
How large is Asbury Foundation Inc?
Asbury Foundation Inc reported $60.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $12.1M.
Where does Asbury Foundation Inc operate?
Asbury Foundation Inc has awarded grants in Maryland.
What is Asbury Foundation Inc's EIN?
Asbury Foundation Inc's EIN (Employer Identification Number) is 52-1862674. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
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