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Asbury Theological Seminary

Public charity · Grantmaker Wilmore, KY EIN: 61-0445823 Website

Asbury Theological Seminary is a public charity based in Wilmore, Kentucky. Its work includes theological education and church multiplication; its 2025 filing also reports grants to churches and related organizations, with listed grant purposes of Church Support.

Asbury Theological Seminary at a glance

In short: Asbury Theological Seminary gave $455K across 24 grants in 2025 (avg $19K), top state New York. Source: 2025 IRS Form 990.

Annual giving (2025)
$455,000
-45.0% vs 2024
Grants made (2025)
24
+200.0% vs 2024
Average grant
$18,958
-81.7% vs 2024
Median grant
$20,000
Total assets
$375,021,059
+3.1% vs 2024
Primary geography
New York (13% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to Asbury Theological Seminary

How to Apply

The website provides a Grant Submission page, but the available page does not state an application process, required materials, or eligibility requirements.

Contact

Mailing address: 204 N Lexington Ave, Wilmore, KY 40390-1199
Phone: (859) 858-3581
Website: https://asburyseminary.edu

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Asbury Theological Seminary funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

All Saints Anglican Church Naperville: $38KAll Saints Anglican ChurchNaperville$38KCatapult: $38KCatapult$38KAlliance Tabernacle Church: $30KAlliance Tabernacle Church$30KAwaken City Church: $30KAwaken City Church$30KChrist Our Life Anglican Church: $30KChrist Our Life AnglicanChurch$30KMagnolia Avenue UMC: $30KMagnolia Avenue UMC$30KResilience Church: $30KResilience Church$30KChrist the King Anglican: $20KChrist the King Anglican$20KCornerstone Anglican Church: $20KCornerstone Anglican Church$20KDelaware County Alliance: $20KDelaware County Alliance$20K

The largest 2025 recipient was All Saints Anglican Church Naperville ($38K). Together the top 10 received $285K.

Grant Size Distribution

32 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 32 (97%).

Geographic Focus

Where this funder awards grants

The seminary is based in Wilmore, Kentucky. Its 2025 grants went to recipients in multiple states; the largest reported shares of grant dollars by recipient state were New York (13%), North Carolina (11%), Ohio (9%), Colorado (9%), and Tennessee (9%).

Grant Distribution by State

17states

Share of 2025 grant dollars across all 24 itemized grants.

Cities

KnoxvilleJamaica PlainLittletonRaleighBlacklickBrooklynCincinnatiColorado SpringsConwayDelawareDurhamFlowoodGlen CoveGrayGreenvilleKansas CityMaumelleMeridianNew RochelleNew York

How Asbury Theological Seminary gives

  • 17% of 2025 grantees were also funded in 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 8 grants2024 24 grants2025

From 2024 to 2025, annual grant giving ranged from $455K (2025) to $827K (2024). In 2025 it made 24 grants totaling $455K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
All Saints Anglican Church Naperville Wheaton, ILChurch Support$37,500
Catapult Greenville, SCChurch Support$37,500
Alliance Tabernacle Church Brooklyn, NYChurch Support$30,000
Awaken City Church Jamaica Plain, MAChurch Support$30,000
Christ Our Life Anglican Church Raleigh, NCChurch Support$30,000
Magnolia Avenue UMC Knoxville, TNChurch Support$30,000
Resilience Church Littleton, COChurch Support$30,000
Christ the King Anglican Meridian, IDChurch Support$20,000
Cornerstone Anglican Church Durham, NCChurch Support$20,000
Delaware County Alliance Delaware, OHChurch Support$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$375,021,059$50,655,245$44,324,886$455,00024$12,264,745
2024$363,833,537$45,282,439$43,353,684$827,2628$6,224,090
2023$359,303,307$34,624,370$38,815,722——$2,882,121
2022$363,518,683$77,871,146$39,441,449——$23,293,869
2021$333,796,449$52,800,131$37,102,998——$8,486,912
2020$279,583,970$33,165,613$29,118,589——$6,942,477
2019$277,244,548$33,402,302$29,347,647——$7,562,653

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The seminary’s stated mission is to prepare theologically educated, sanctified, Spirit-filled men and women to evangelize and 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.

Its website describes church planting and support as part of its Centennial Plan, which includes a goal of planting and supporting 1,000 new churches by 2026. Its 2025 grants were reported as Church Support. Among the recipients, Catapult Labs Inc. describes its mission as providing organizational guidance, consulting, communication solutions, and training resources for religious organizations. Every Nation Cincinnati Church describes its mission as engaging individuals with the Gospel, establishing them in faith in Jesus Christ, equipping them for ministry, and empowering them to make disciples.

Grantmaking

In 2025, the seminary reported 24 grants totaling $455,000. Grants ranged from $10,000 to $37,500, with a median of $20,000. The largest listed awards were $37,500 each to All Saints Anglican Church Naperville in Wheaton, Illinois, and Catapult in Greenville, South Carolina. Other listed awards of $30,000 went to Alliance Tabernacle Church in Brooklyn, New York; Awaken City Church in Jamaica Plain, Massachusetts; Christ Our Life Anglican Church in Raleigh, North Carolina; Magnolia Avenue UMC in Knoxville, Tennessee; and Resilience Church in Littleton, Colorado. The reported purpose for these grants was Church Support.

The seminary’s website describes a Multiplication Fellowship for church leaders, with selected participants receiving $10,000 in grant funding during a one-year program. The application cycle announced for 2024–2025 is a past cycle, not a current opportunity. The same 2024 webpage described a Global Methodist Church grant program for Asbury graduates planting new congregations in the United States, with awards of $5,000, $10,000, $15,000, or $20,000. Its listed application dates were March 1, June 1, September 1, and December 1 for that program’s respective disbursement cycles; these are not presented as current deadlines.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David Gyertson as president and Rurel Ausley as trustee. It also lists Timothy Tennent, Emilio Alvarez, and Gregg Okesson as faculty; Jay Mansur, Kevin Bish, Jay Barnes, and John Ragsdale as vice presidents; and Bryan P. Blankenship as vice president and treasurer.

Asbury Theological Seminary is led by David Gyertson, President on the 2025 filing; 9 of 32 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • David Gyertson

    President

    New on the 2025 filing

    40 hrs/week

    $125K (2025)

  • Amy Wasserbauer

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anna Jackson

    Trustee & Secretary

    Trustee → Trustee & Secretary, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • E Dale Locke

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Helen Rhea Stumbo

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Joao Carlos Lopes

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kenneth Werlein

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ricardo Gomez

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rurel Ausley

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sherree Funk

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Andy Hurst

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles Savage II

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kyle Ray

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Prabhu Singh

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Olshine

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elaine Friedrich

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • James Dunn

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephanie Raglin

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Greg Spillyards

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jill Brue

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lyndol Loyd

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Peter Marra

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Robin Lim

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Rodney Adams

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Bryan P Blankenship

    Vice President & Treasurer

    On filings since 2019

    40 hrs/week

    $124K (2019) → $158K (2025)

  • Jay Mansur

    Vice President

    On filings since 2019

    40 hrs/week

    $201K (2019) → $202K (2025)

  • Kevin Bish

    Vice President

    On filings since 2019

    40 hrs/week

    $122K (2019) → $178K (2025)

  • Timothy C Tennent

    Facalty

    President → Facalty, 2025

    On filings since 2019

    40 hrs/week

    $296K (2019) → $247K (2025)

  • Gregg Okesson

    Faculty

    Faculty → Vice President, 2022

    Vice President → Faculty, 2025

    On filings since 2021

    40 hrs/week

    $109K (2021) → $146K (2025)

  • Jay Barnes

    Vice President

    On filings since 2024

    40 hrs/week

    $141K (2024) → $159K (2025)

  • Emilio Alvarez

    Faculty

    New on the 2025 filing

    40 hrs/week

    $148K (2025)

  • John Ragsdale

    Vice President

    New on the 2025 filing

    40 hrs/week

    $145K (2025)

Former officers (36)
  • Former: Dale S Ditto (2019–2024) — Trustee
  • Former: Debra McKenna Blews (2019–2024) — Trustee
  • Former: Karen Thomas (2019–2024) — Trustee - Chair
  • Former: Michael W Burkhart (2019–2024) — Trustee
  • Former: Steven G W Moore (2019–2024) — Trustee
  • Former: Scott Lees (2020–2024) — Trustee
  • Former: Linda Adams (2021–2024) — Trustee
  • Former: Steve Elliott (2021–2024) — Trustee
  • Former: Thomas McCall (2023–2024) — Faculty
  • Former: Tammy Hogan (2024) — Vice President
  • Former: David R Goodnight (2019–2023) — Trustee
  • Former: J Anthony Holifield (2019–2023) — Trustee
  • Former: James Smith (2019–2023) — Trustee
  • Former: Jerald W Russell (2019–2023) — Trustee
  • Former: Joan Krupa (2019–2023) — Trustee
  • Former: Joe Kilpatrick (2019–2023) — Trustee
  • Former: John McNairy (2019–2023) — Trustee
  • Former: Joseph Harris (2019–2023) — Trustee
  • Former: Paul Baddour (2019–2023) — Trustee
  • Former: Randall Birdwell (2019–2023) — Trustee
  • Former: Nancy L Boortz (2020–2023) — Trustee
  • Former: P Lowell Haines (2022–2023) — Trustee
  • Former: Stephen Stratton (2023) — Faculty
  • Former: Kevin Kinghorn (2021–2022) — Faculty
  • Former: Cynthia James (2020–2021) — Trustee
  • Former: Douglas Matthews (2020–2021) — Vice President & Provost
  • Former: Alfred W Gwinn Jr. (2019–2020) — Trustee
  • Former: Gregg Parris (2019–2020) — Trustee
  • Former: Jo Anne Lyon (2019–2020) — Trustee
  • Former: Robert S Landrebe (2019–2020) — Senior Vice President
  • Former: Brian Russell (2019) — Faculty
  • Former: Nancy L Dumas (2019) — Trustee
  • Former: Paul R Ervin Jr. (2019) — Trustee
  • Former: Peggy Kirkpatrick (2019) — Trustee
  • Former: Robert Phillips (2019) — Trustee
  • Former: Sundo Kim (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Timothy Tennent — Facalty: $247KTimothy TennentFacalty$247KJay Mansur — Vice President: $202KJay MansurVice President$202KKevin Bish — Vice President: $178KKevin BishVice President$178KJay Barnes — Vice President: $159KJay BarnesVice President$159KBryan P Blankenship — Vice President & Treasurer: $158KBryan P BlankenshipVice President & Treasurer$158KEmilio Alvarez — Faculty: $148KEmilio AlvarezFaculty$148KGregg Okesson — Faculty: $146KGregg OkessonFaculty$146KJohn Ragsdale — Vice President: $145KJohn RagsdaleVice President$145KDavid Gyertson — President: $125KDavid GyertsonPresident$125K

The highest reported compensation on the 2025 filing was $247K, to Timothy Tennent (Facalty). 9 officers or directors reported compensation on that filing.

Frequently asked questions about Asbury Theological Seminary

How much does Asbury Theological Seminary give each year?

Asbury Theological Seminary gave $455K across 24 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $827K across 8 grants.

What is Asbury Theological Seminary's typical grant size?

Asbury Theological Seminary's median grant in 2025 was $20,000, and its average grant was $18,958, across 24 grants on its 2025 IRS Form 990.

Where does Asbury Theological Seminary give grants?

Asbury Theological Seminary's top state is New York, with 13% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were North Carolina (11%) and Ohio (9%). The most frequent recipient cities were Knoxville, TN (2 grants).

Does Asbury Theological Seminary give general operating support?

Not in 2025: none of the 24 grants with a stated purpose on Asbury Theological Seminary's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Church Support" (24 grants).

Who are Asbury Theological Seminary's largest grantees?

Asbury Theological Seminary's largest 2025 grantees include All Saints Anglican Church Naperville ($37,500), Catapult ($37,500) and Alliance Tabernacle Church ($30,000), according to its 2025 IRS Form 990. Together they received 23% of its itemized 2025 grant dollars.

How large is Asbury Theological Seminary?

Asbury Theological Seminary reported $375.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $50.7M.

What does Asbury Theological Seminary fund?

The seminary’s stated mission is to prepare theologically educated, sanctified, Spirit-filled men and women to evangelize and 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. See mission & focus areas ↑

How do I apply for a grant from Asbury Theological Seminary?

The website provides a Grant Submission page, but the available page does not state an application process, required materials, or eligibility requirements. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  3. Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
  4. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Asbury Theological Seminary funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/asbury-theological-seminary-morg_60c815a282ce470482bb9984c9c7659f

BibTeX
@misc{grantable_610445823_2026,
  author       = {{Grantable}},
  title        = {{Asbury Theological Seminary funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/asbury-theological-seminary-morg_60c815a282ce470482bb9984c9c7659f},
  note         = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Asbury Theological Seminary's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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