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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PENNY DAVIS | DIRECTOR | — | — |
| FRED R SALVAGE | DIRECTOR | — | — |
| MELISSA DAVIS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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