Ascher Charitable Remainder Unitrust
Ascher Charitable Remainder Unitrust is a private foundation, based in Pennington, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $802K in total assets. In 2025, it awarded 3 grants totaling $42K. Net investment income was $63K.
Ascher Charitable Remainder Unitrust at a glance
In short: Ascher Charitable Remainder Unitrust gave $42K across 3 grants in 2025 (avg $14K), top state Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $42,000
- +2.4% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $14,000
- +2.4% vs 2024
- Median grant
- $14,000
- Total assets
- $802,258
- +2.1% vs 2024
- Primary geography
- Florida (33% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ascher Charitable Remainder Unitrust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Shriners' Hospitals for Children ($14K). Together the top 3 received $42K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Ascher Charitable Remainder Unitrust gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $38K (2019) to $45K (2022). In 2025 it made 3 grants totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shriners' Hospitals for Children Tampa, FL | Unrestricted General | $14,000 |
| St Jude Children's Hospital Memphis, TN | Unrestricted General | $14,000 |
| Texas Scottish Rite Hospital Dallas, TX | Unrestricted General | $14,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $802,258 | $70,645 | $55,396 | $42,000 | 3 | $46,700 | $63,062 | $54,109 |
| 2024 | $785,864 | $76,422 | $52,892 | $41,010 | 3 | $47,094 | $71,918 | $49,972 |
| 2023 | $772,695 | $69,079 | $51,372 | $41,010 | 3 | $46,458 | $63,915 | $44,641 |
| 2022 | $755,058 | $39,161 | $57,149 | $45,120 | 3 | $50,877 | $34,622 | $46,508 |
| 2021 | $746,472 | $91,934 | $50,476 | $38,400 | 3 | $44,803 | $87,160 | $51,575 |
| 2020 | $722,550 | $54,138 | $48,187 | $38,400 | 3 | — | $49,748 | $43,670 |
| 2019 | $716,557 | $42,255 | $48,334 | $38,325 | 3 | — | $37,348 | $43,643 |
Under IRS private-foundation payout rules, Ascher Charitable Remainder Unitrust reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ascher Charitable Remainder Unitrust's only listed officer is Bank Of America N A, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Bank Of America N A
Trustee
On filings since 2019
2 hrs/week
$9K (2019) → $12K (2025)
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 $12K, to Bank of America N a (Trustee).
Frequently asked questions about Ascher Charitable Remainder Unitrust
How much does Ascher Charitable Remainder Unitrust give each year?
Ascher Charitable Remainder Unitrust gave $42K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 3 grants.
What is Ascher Charitable Remainder Unitrust's typical grant size?
Ascher Charitable Remainder Unitrust's median grant in 2025 was $14,000, and its average grant was $14,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Ascher Charitable Remainder Unitrust give grants?
Ascher Charitable Remainder Unitrust's top state is Florida, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (33%) and Texas (33%).
Does Ascher Charitable Remainder Unitrust give general operating support?
Yes: 100% of Ascher Charitable Remainder Unitrust's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Ascher Charitable Remainder Unitrust?
Ascher Charitable Remainder Unitrust reported $802K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ascher Charitable Remainder Unitrust's EIN?
Ascher Charitable Remainder Unitrust's EIN (Employer Identification Number) is 22-6775912. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
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