Ashcraft Trust Fund One
Ashcraft Trust Fund One is a private foundation, based in Tuscaloosa, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $477K in total assets. In 2025, it awarded 9 grants totaling $16K. Net investment income was $2K.
Ashcraft Trust Fund One at a glance
In short: Ashcraft Trust Fund One gave $16K across 9 grants in 2025 (avg $2K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,750
- +5.0% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $1,750
- -18.3% vs 2024
- Median grant
- $1,250
- Total assets
- $477,440
- +57.9% vs 2024
- Primary geography
- Alabama (92% 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 Ashcraft Trust Fund One funds
How this funder distributes its grants
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 29 grants of 29 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Ashcraft Trust Fund One gives
- Giving grew 31% from 2022 to 2025. 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 2021 to 2025, annual grant giving ranged from $5K (2021) to $16K (2025). In 2025 it made 9 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 9 individual scholarships Recipients not named | — | $15,750 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $477,440 | $5,471 | $22,746 | $15,750 | 9 | — | $2,465 |
| 2024 | $302,404 | $3,946 | $17,998 | $15,000 | 7 | $15,000 | $3,700 |
| 2023 | $316,456 | — | $17,140 | $15,000 | 6 | $15,000 | — |
| 2022 | $333,596 | — | $13,712 | $12,000 | 5 | $12,000 | — |
| 2021 | $347,308 | $40,867 | $6,450 | $5,000 | 2 | $5,000 | — |
| 2020 | $312,891 | $312,916 | $25 | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Ashcraft Trust Fund One's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Fred R. Salvage
Director
On filings since 2020
No compensation reported
Melissa Davis
Director
On filings since 2020
No compensation reported
Penny Davis
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Ashcraft Trust Fund One
How much does Ashcraft Trust Fund One give each year?
Ashcraft Trust Fund One gave $16K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 7 grants.
What is Ashcraft Trust Fund One's typical grant size?
Ashcraft Trust Fund One's median grant in 2025 was $1,250, and its average grant was $1,750, across 9 grants on its 2025 IRS Form 990-PF.
Where does Ashcraft Trust Fund One give grants?
Ashcraft Trust Fund One gives mostly in Alabama: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Mississippi (8%).
Does Ashcraft Trust Fund One give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Ashcraft Trust Fund One's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).
How large is Ashcraft Trust Fund One?
Ashcraft Trust Fund One reported $477K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $5K.
What is Ashcraft Trust Fund One's EIN?
Ashcraft Trust Fund One's EIN (Employer Identification Number) is 83-1818513. IRS Form 990 filing data is available on this page for 2020–2025.
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 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
- IRS filings on file for fiscal years 2020–2025
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