Ashcroft Ministries

Foundation · Grantmaker Woody Creek, CO EIN: 20-4270630

Ashcroft Ministries is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woody Creek, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $308K. Net investment income was $270K.

Key facts about Ashcroft Ministries

EIN: 20-4270630
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $308,200
Grants made (2024): 9
Average grant: $34,244
Median grant: $10,000
Total assets: $5,571,989
Primary geography: Colorado (90% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Ashcroft Ministries funds

By grant dollars, the top recipient states for Ashcroft Ministries's 9 itemized 2024 grants were Colorado (90%) and Michigan (6%). The most frequent recipient cities were Colorado Springs, CO (3 grants) and Aspen, CO (2 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support of Local 501(C)(3)" (8 grants).

How Ashcroft Ministries gives

Giving grew 6064% from 2021 to 2024. Method
In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Ashcroft Ministries

How to evaluate Ashcroft Ministries as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Ashcroft Ministries with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

-0.8% YoY

Annual Giving

$308K

+30.6% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$34K

-12.9% YoY

Under IRS private-foundation payout rules, Ashcroft Ministries reported a distributable amount of $310K for 2024 — the minimum it must pay out in qualifying distributions.

About Ashcroft Ministries

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Ashcroft Ministries?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $278K (90%)

Michigan $20K (6%)

Pennsylvania $10K (3%)

Share of all 9 itemized 2024 grant dollars.

States

Colorado Michigan Pennsylvania Virginia

Cities

AspenColorado SpringsGlenwood SpringsExtonGoldenVan Buren TownshipVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,571,989	$5,618,609	$5,843,869
Revenue	$457,777	$211,247	$6,060,493
Expenses	$504,397	$431,907	$244,765
Qualifying Distributions	$323,379	$244,848	$165,011
Net Investment Income	$270,468	$21,060	—
Distributable Amount	$309,679	$174,293	$198,931

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Young Life ($237,000), Rooted Pastors ($20,000), Infaith ($10,000).

Recipient	Purpose	Amount
YOUNG LIFE Aspen, CO	SUPPORT OF LOCAL 501(C)(3)	$237,000
ROOTED PASTORS Van Buren Township, MI	SUPPORT OF LOCAL 501(C)(3)	$20,000
INFAITH Exton, PA	SUPPORT OF LOCAL 501(C)(3)	$10,000
PREGNANCY RESOURCE CENTER Glenwood Springs, CO	SUPPORT OF LOCAL 501(C)(3)	$10,000
ROCKY MOUNTAIN POLICE & FIRE CHAPLAINS Golden, CO	SUPPORT OF LOCAL 501(C)(3)	$10,000
BECOME GOOD SOIL Colorado Springs, CO	SUPPORT OF LOCAL 501(C)(3)	$10,000
WILD AT HEART Colorado Springs, CO	SUPPORT OF LOCAL 501(C)(3)	$5,000
NEW HORIZONS Colorado Springs, CO	SUPPORT OF LOCAL 501(C)(3)	$5,000
ELLEN FORSMAN Aspen, CO	SUPPORTING WOMEN'S MINISTRY IN THE ROARING FORK VALLEY	$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Blake Appleby	President	1	—
Eric Mangelsen	Officer	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ashcroft Ministries?

Ashcroft Ministries is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woody Creek, CO. It holds $5.6M in total assets as of 2024.

How large is Ashcroft Ministries?

As of 2024, Ashcroft Ministries holds $5.6M in total assets with $458K in annual revenue. It awarded 9 grants totaling $308K in 2024.

Where does Ashcroft Ministries operate?

Ashcroft Ministries has awarded grants in Colorado, Michigan, Pennsylvania, Virginia.

What size grants does Ashcroft Ministries award?

In 2024, Ashcroft Ministries awarded 9 grants totaling $308K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Ashcroft Ministries required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ashcroft Ministries reported a distributable amount of $310K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.