Asbury Theological Seminary is a community called to prepare theologically educated, sanctified, Spirit-filled men and women to evangelize and to spread scriptural holiness throughout the world through the love of Jesus Christ, in the power of the Holy Spirit and to the glory of God the Father.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$363.8M
+1.3% YoY
Annual Giving
$827K
Grant Count
8
Avg Grant Size
$103K
About Asbury Theological Seminary
Based on IRS filings
Asbury Theological Seminary is a nonprofit organization focused on Education, based in WILMORE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $363.8M in total assets. In 2024, it awarded 8 grants totaling $827K. Net investment income was $6.2M.
Focus Areas
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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 | $363,833,537 | $359,303,307 | $363,518,683 |
| Revenue | $45,282,439 | $34,624,370 | $77,871,146 |
| Expenses | $43,353,684 | $38,815,722 | $39,441,449 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,224,090 | $2,882,121 | $23,293,869 |
| 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 8 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Open Grants
4 open opportunities from Asbury Theological Seminary
Dora Tes Basileas Foundation - Community Garden Grant
ASBURY THEOLOGICAL SEMINARY
Amount
$18,000
Deadline
Rolling / Open
Kern Family Foundation - Office of Faith, Work, and Economics (Second Grant)
ASBURY THEOLOGICAL SEMINARY
Amount
$204,170
Deadline
Rolling / Open
Kern Family Foundation - Office of Work and Economics in the Wesleyan Tradition
ASBURY THEOLOGICAL SEMINARY
Amount
$102,500
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asbury Foundation for Theological Education ($732,262), Awaken City Church ($20,000), Magnolia Avenue UMC ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Awaken City Church Jamaica Plain, MA | Church support | $20,000 |
| Christ Our Life Anglican Church Raleigh, NC | Church support | $10,000 |
| Foundry Church Flowood, MS | Church support | $10,000 |
| Four Winds NYC New York, NY | Church support | $15,000 |
| Magnolia Avenue UMC Knoxville, TN | Church support | $20,000 |
| Perception Funding Inc Kansas City, MO | Church support | $10,000 |
| Resilience Church Littleton, CO | Church support | $10,000 |
| Asbury Foundation for Theological Education Wilmore, KY | Support the organization | $732,262 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Timothy C Tennent | President | 40 | $394,193 |
| Jay Mansur | Vice President | 40 | $209,840 |
| Gregg Okesson | Vice President | 40 | $182,924 |
| Bryan P Blankenship | Vice President & Treasurer | 40 | $165,265 |
| Kevin Bish | Vice President | 40 | $161,215 |
| Tammy Hogan | Vice President | 40 | $149,248 |
| Jay Barnes | Vice President | 40 | $140,673 |
| Thomas McCall | Faculty | 40 | $131,173 |
| Rurel Ausley | Trustee | 1 | — |
| Debra McKenna Blews | Trustee | 1 | — |
| Michael W Burkhart | Trustee | 1 | — |
| Dale S Ditto | Trustee | 1 | — |
| Sherree Funk | Trustee | 1 | — |
| Ricardo Gomez | Trustee | 1 | — |
| Andy Hurst | Trustee | 1 | — |
| Anna Jackson | Trustee & Secretary | 1 | — |
| Scott Lees | Trustee | 1 | — |
| E Dale Locke | Trustee | 1 | — |
| Joao Carlos Lopes | Trustee | 1 | — |
| Steven G W Moore | Trustee | 1 | — |
| Kyle Ray | Trustee | 1 | — |
| Charles Savage II | Trustee | 1 | — |
| Prabhu Singh | Trustee | 1 | — |
| Helen Rhea Stumbo | Trustee | 1 | — |
| Karen Thomas | Trustee - Chair | 1 | — |
| Amy Wasserbauer | Trustee | 1 | — |
| Kenneth Werlein | Trustee | 1 | — |
| Linda Adams | Trustee | 1 | — |
| James Dunn | Trustee | 1 | — |
| Steve Elliott | Trustee | 1 | — |
| Elaine Friedrich | Trustee | 1 | — |
| David Olshine | Trustee | 1 | — |
| Stephanie Raglin | Trustee | 1 | — |
| Jill Brue | Trustee | 1 | — |
| Greg Spillyards | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Asbury Theological Seminary?
Asbury Theological Seminary is a nonprofit organization focused on Education, based in WILMORE, KY. It holds $363.8M in total assets as of 2024.
How large is Asbury Theological Seminary?
As of 2024, Asbury Theological Seminary holds $363.8M in total assets with $45.3M in annual revenue. It awarded 8 grants totaling $827K in 2024.
Where does Asbury Theological Seminary operate?
Asbury Theological Seminary has awarded grants in Colorado, Kentucky, Massachusetts, Missouri, Mississippi, North Carolina, New York, Tennessee.
What size grants does Asbury Theological Seminary award?
In 2024, Asbury Theological Seminary awarded 8 grants totaling $827K — an average of about $103K per grant, based on its IRS Form 990 filings.
What is Asbury Theological Seminary's EIN?
Asbury Theological Seminary's EIN (Employer Identification Number) is 61-0445823. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Asbury Theological Seminary'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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