Ashcraft Trust Fund Two

TUSCALOOSA, AL EIN: 83-1840633

Ashcraft Trust Fund Two is a private foundation focused on Community Improvement & Capacity Building, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $211K in total assets. In 2024, it awarded 1 grants totaling $85K. Net investment income was $29K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$211K

-21.6% YoY

Annual Giving

$85K

+520.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$85K

+520.9% YoY

About Ashcraft Trust Fund Two

Based on IRS filings

Ashcraft Trust Fund Two is a private foundation focused on Community Improvement & Capacity Building, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $211K in total assets. In 2024, it awarded 1 grants totaling $85K. Net investment income was $29K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Kennedy

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$86K$172K$258K$344K20202021202220232024
Metric202420232022
Total Assets$210,926$269,101$281,485
Revenue$30,666$2,500
Expenses$88,841$14,884$1,048
Qualifying Distributions$85,000$13,689
Net Investment Income$29,259
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K1 grants20201 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

TOWN OF KENNEDY$85K

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Town of Kennedy ($85,000).

RecipientPurposeAmount
TOWN OF KENNEDY KENNEDY, ALTO SUPPORT THE TOWN OF KENNEDY$85,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PENNY DAVISDIRECTOR
FRED R SALVAGEDIRECTOR
MELISSA DAVISDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ashcraft Trust Fund Two?

Ashcraft Trust Fund Two is a private foundation focused on Community Improvement & Capacity Building, based in TUSCALOOSA, AL. It holds $211K in total assets as of 2024.

How large is Ashcraft Trust Fund Two?

As of 2024, Ashcraft Trust Fund Two holds $211K in total assets with $31K in annual revenue. It awarded 1 grants totaling $85K in 2024.

Where does Ashcraft Trust Fund Two operate?

Ashcraft Trust Fund Two has awarded grants in Alabama.

What size grants does Ashcraft Trust Fund Two award?

In 2024, Ashcraft Trust Fund Two awarded 1 grants totaling $85K — an average of about $85K per grant, based on its IRS Form 990 filings.

What is Ashcraft Trust Fund Two's EIN?

Ashcraft Trust Fund Two's EIN (Employer Identification Number) is 83-1840633. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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