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Asbury Foundation Inc

FREDERICK, MD EIN: 52-1862674 Website

SECURING CHARITABLE SUPPORT TO ENHANCE THE LIVES OF PERSONS SERVED BY ASBURY COMMUNITIES, INC. AND ITS SUPPORTED ORGANIZATIONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$60.9M

+5.1% YoY

Annual Giving

$8.9M

Grant Count

2

Avg Grant Size

$4.5M

About Asbury Foundation Inc

Based on IRS filings

Asbury Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Frederick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M20202021202220232024
Metric202420232022
Total Assets$60,878,176$57,936,966$49,696,688
Revenue$12,120,322$11,557,277$17,996,340
Expenses$11,774,042$12,293,098$7,595,754
Qualifying Distributions
Net Investment Income$2,908,403$1,411,264$1,826,556
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M0 grants20200 grants20210 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ASBURY ATLANTIC$7.8MALBRIGHT CARE SERVICES$1.1M

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Asbury Atlantic ($7,777,574), Albright Care Services ($1,136,228).

RecipientPurposeAmount
ASBURY ATLANTIC FREDERICK, MDTO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION$7,777,574
ALBRIGHT CARE SERVICES FREDERICK, MDTO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION.$1,136,228

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLYN STAMATAKISCHAIR2
JD SHUMANPRESIDENT/CEO/EX-OFFICIO39
DOUG LEIDIGACOMM PRESIDENT/CEO, EX-OFFICIO1
LOANN BURIANVICE CHAIR2
ROBERT BURKEDIRECTOR2
MARY ANNE MOREFIELDDIRECTOR2
SARA TAPIERODIRECTOR2
LINDA WOODINDIRECTOR2
RICHARD DICK VERTDIRECTOR2
ANDREW JOSEPHSECRETARY1
ANDREW JEANNERETTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Asbury Foundation Inc?

Asbury Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. It holds $60.9M in total assets as of 2024.

How large is Asbury Foundation Inc?

As of 2024, Asbury Foundation Inc holds $60.9M in total assets with $12.1M in annual revenue. It awarded 2 grants totaling $8.9M in 2024.

Where does Asbury Foundation Inc operate?

Asbury Foundation Inc has awarded grants in Maryland.

What size grants does Asbury Foundation Inc award?

In 2024, Asbury Foundation Inc awarded 2 grants totaling $8.9M — an average of about $4.5M per grant, based on its IRS Form 990 filings.

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.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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