Asbury Theological Seminary
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.
Open Grants
3 open opportunities from Asbury Theological Seminary
Dora Tes Basileas Foundation - Community Garden Grant
Asbury Theological Seminary
Amount
$18,000
Deadline
Deadline not published
Kern Family Foundation - Office of Faith, Work, and Economics (Second Grant)
Asbury Theological Seminary
Amount
$204,170
Deadline
Deadline not published
Lilly Endowment - Theological School Initiative to Address Economic Challenges Facing Future Ministers
Listed byAsbury Theological Seminary
Amount
$249,741
Deadline
Deadline not published
Who Asbury Theological Seminary funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
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
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
Share of 2025 grant dollars across all 24 itemized grants.
States
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| All Saints Anglican Church Naperville Wheaton, IL | Church Support | $37,500 |
| Catapult Greenville, SC | Church Support | $37,500 |
| Alliance Tabernacle Church Brooklyn, NY | Church Support | $30,000 |
| Awaken City Church Jamaica Plain, MA | Church Support | $30,000 |
| Christ Our Life Anglican Church Raleigh, NC | Church Support | $30,000 |
| Magnolia Avenue UMC Knoxville, TN | Church Support | $30,000 |
| Resilience Church Littleton, CO | Church Support | $30,000 |
| Christ the King Anglican Meridian, ID | Church Support | $20,000 |
| Cornerstone Anglican Church Durham, NC | Church Support | $20,000 |
| Delaware County Alliance Delaware, OH | Church Support | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $375,021,059 | $50,655,245 | $44,324,886 | $455,000 | 24 | $12,264,745 |
| 2024 | $363,833,537 | $45,282,439 | $43,353,684 | $827,262 | 8 | $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
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
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Asbury Theological Seminary funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Asbury Theological Seminary's focus areas in our free grants database
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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.
Asbury Theological Seminary down — hundreds of funders to go?