Asbury Foundation
The Asbury Foundation acquires and administers funds to be held and invested for the benefit of its parent organization, the boncrest foundation, inc., and its affiliates. This mission entails subsidizing the benevolent care program, program activities, and capital improvements of boncrest bridge city, and its subsidiaries, asbury place, asbury villas, asbury health center, vanadium woods village, seneca hills village, seneca manor, and lighthouse pointe village.
Asbury Foundation at a glance
In short: Asbury Foundation gave $675K across 1 grant in 2024 (avg $675K), mostly in Georgia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $675,493
- +23.0% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $675,493
- +269.1% vs 2023
- Median grant
- $675,493
- Total assets
- $8,677,922
- +25.8% vs 2023
- Primary geography
- Georgia (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 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Boncrest Bridge City ($675K).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $250–500K range: 6 grants of 12 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Asbury Foundation gives
- Giving held roughly steady from 2021 to 2024 (−17%). 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 $549K (2023) to $811K (2021). In 2024 it made 1 grant totaling $675K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boncrest Bridge City Brookhaven, GA | Funding Benevolent Care Program | $675,493 |
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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 | $8,677,922 | $3,602,343 | $775,992 | $675,493 | 1 | $2,985,585 |
| 2023 | $6,897,420 | $782,598 | $722,952 | $549,037 | 3 | $244,249 |
| 2022 | $10,552,954 | $2,042,514 | $925,433 | $797,636 | 3 | $18,708 |
| 2021 | $5,118,417 | $461,891 | $931,124 | $810,820 | 3 | — |
| 2020 | $4,392,243 | $3,221,407 | $779,347 | $683,753 | 2 | — |
About Asbury Foundation
Based on IRS filings
Asbury Foundation is a public charity, based in Brookhaven, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 1 grant totaling $675K. Net investment income was $3.0M.
Leadership & Key People
Officers and directors from IRS filings
Asbury Foundation is led by Maurice Rosenbaum, CEO & Chairman on the 2024 filing; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Maurice Rosenbaum
CEO & Chairman
New on the 2024 filing
11 hrs/week
No compensation reported
Roy Evan Simmons Jr.
Executive Director
New on the 2024 filing
20 hrs/week
No compensation reported
Brad Payne
Director
New on the 2024 filing
1 hr/week
No compensation reported
Frank Corrigan
Director
New on the 2024 filing
1 hr/week
No compensation reported
Amelia Waller Baker JD
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Audrey L. Burgoon (2020–2023) — Secretary
- Former: Mark Bondi (2020–2023) — President
- Former: William Nigro (2020–2023) — Treasurer & CFO
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
How much does Asbury Foundation give each year?
Asbury Foundation gave $675K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $549K across 3 grants.
How large is Asbury Foundation?
Asbury Foundation reported $8.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.6M.
Where does Asbury Foundation operate?
Asbury Foundation has awarded grants in Georgia, Pennsylvania.
What is Asbury Foundation's EIN?
Asbury Foundation's EIN (Employer Identification Number) is 25-1555688. 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 October 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
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