Aspen Tr
Aspen Tr is a private foundation based in Rapid City, South Dakota. Its 2024 filing describes grantmaking to organizations providing direct benefits to disadvantaged communities worldwide, with stated interests including human rights, sustainable and economic development, Jewish culture and a pluralistic society in Israel, and contemporary arts.
Aspen Tr at a glance
In short: Aspen Tr gave $306K across 20 grants in 2024 (avg $15K), mostly in New York. 45% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $306,000
- -82.5% vs 2023
- Grants made (2024)
- 20
- -13.0% vs 2023
- Average grant
- $15,300
- -79.9% vs 2023
- Median grant
- $6,000
- Total assets
- $7,490,715
- -6.3% vs 2023
- New grantees (estimate)
- 45% first-time grantees (9 of 20, 2024; small sample)
- Primary geography
- New York (64% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Aspen Tr
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 211 Founders Park Drive Suite D, Rapid City, SD 57701
Phone: (603) 219-0264
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Aspen Tr funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was PEF Israel Endowmant Funds Inc ($133K). Together the top 10 received $266K.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 65 grants of 72 (90%).
Geographic Focus
Where this funder awards grants
Aspen Tr states that its philanthropy grants benefit disadvantaged communities worldwide. In 2024, 64% of grant dollars went to recipients in New York and 24% to recipients in California. The remaining shares listed were Pennsylvania (5%), Louisiana (3%), and New Hampshire (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Is Aspen Tr open to new grantees?
45%
first-time grantees, 2024
In 2024, 9 of 20 grantees (45%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $7K; repeat grants $22K. How we count
Medians: $4K first-time, $8K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $306K (2024) to $1.8M (2023). In 2024 it made 20 grants totaling $306K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PEF Israel Endowmant Funds Inc New York, NY | Charity | $133,000 |
| New Israel Fund New York, NY | Charity | $42,000 |
| Acta Non Verba Farm Oakland, CA | Charity | $18,000 |
| Open University of Israel New York, NY | Charity | $17,000 |
| Gilead House Novato, CA | Charity | $10,000 |
| La CASA De Las Madres San Francisco, CA | Charity | $10,000 |
| Louisiana Bucket Brigade New Orleans, LA | Charity | $10,000 |
| One Family Fund Philadelphia, PA | Charity | $10,000 |
| 18 Reasons San Francisco, CA | Charity | $8,000 |
| Surprise Valley Culture and Arts Cedarville, CA | Charity | $8,000 |
Ready to take the next step with Aspen Tr?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,490,715 | $1,374,166 | $460,056 | $306,000 | 20 | $445,056 | $23,051 | $482,730 |
| 2023 | $7,992,765 | $1,028,670 | $1,818,775 | $1,752,610 | 23 | $1,803,775 | $5,700 | $578,895 |
| 2022 | $10,060,089 | $-3,773,061 | $1,670,440 | $1,647,500 | 19 | $1,669,899 | $12,945 | $586,505 |
| 2021 | $15,632,917 | $9,619,640 | $382,592 | $365,000 | 10 | $378,800 | $3 | $608,360 |
| 2020 | $6,267,042 | $6,272,031 | $29,989 | — | — | — | $193,945 | — |
Under IRS private-foundation payout rules, Aspen Tr reported a distributable amount of $483K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
In its 2024 filing, Aspen Tr describes two areas of charitable activity. Its philanthropy grants support organizations whose programs focus on human rights, sustainable and economic development, and Jewish culture and a pluralistic society in Israel. Its arts grants support contemporary art exhibitions and collaborations among contemporary artists, curators, and art organizations.
The 2024 grantees illustrate a range of organizational missions. Gilead House describes serving women and children, many of them survivors of domestic violence; Louisiana Bucket Brigade describes supporting grassroots action toward neighborhoods free from industrial pollution; and 18 Reasons describes helping its community build the confidence and creativity to buy, cook, and eat good food. We Care Solar says it designs and implements solar programs to improve healthcare and education. The Institute for Jewish Spirituality describes teaching Jewish spiritual practices, while Carnegie Mellon University describes its educational and university-community goals.
Grantmaking
In 2024, Aspen Tr reported 20 grants totaling $306,000. Grant amounts ranged from $4,000 to $133,000, with a median of $6,000. Among the largest grants were $133,000 to PEF Israel Endowment Funds Inc. and $42,000 to New Israel Fund, both in New York; $18,000 to Acta Non Verba Farm in Oakland, California; and $17,000 to Open University of Israel in New York. Other listed grants included $10,000 each to Gilead House, La Casa de las Madres, Louisiana Bucket Brigade, and One Family Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Roland Worms and Patricia Terdjman as trustees.
Aspen Tr's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Patricia Terdjman
Trustee
On filings since 2020
No compensation reported
Roland Worms
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Aspen Tr
How much does Aspen Tr give each year?
Aspen Tr gave $306K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 23 grants.
What is Aspen Tr's typical grant size?
Aspen Tr's median grant in 2024 was $6,000, and its average grant was $15,300, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Aspen Tr that year got $7K on average.
Where does Aspen Tr give grants?
Aspen Tr gives mostly in New York: 64% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (24%). The most frequent recipient cities were New York, NY (4 grants) and San Francisco, CA (4 grants).
Does Aspen Tr give general operating support?
Not in 2024: none of the 20 grants with a stated purpose on Aspen Tr's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (20 grants).
Who are Aspen Tr's largest grantees?
Aspen Tr's largest 2024 grantees include PEF Israel Endowmant Funds Inc ($133,000), New Israel Fund ($42,000) and Acta Non Verba Farm ($18,000), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.
How large is Aspen Tr?
Aspen Tr reported $7.5M in total assets on its 2024 IRS Form 990-PF. It paid out $445K in qualifying distributions that year, against a required minimum of $483K (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 does Aspen Tr fund?
In its 2024 filing, Aspen Tr describes two areas of charitable activity. Its philanthropy grants support organizations whose programs focus on human rights, sustainable and economic development, and Jewish culture and a pluralistic society in Israel. See mission & focus areas ↑
How do I apply for a grant from Aspen Tr?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Aspen Tr's EIN?
Aspen Tr's EIN (Employer Identification Number) is 84-7011247. IRS Form 990 filing data is available on this page for 2020–2024.
Does Aspen Tr accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Aspen Tr funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/aspen-tr-morg_6ad76b961b0b47018f98bf65d22c7032
BibTeX
@misc{grantable_847011247_2026,
author = {{Grantable}},
title = {{Aspen Tr funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/aspen-tr-morg_6ad76b961b0b47018f98bf65d22c7032},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Aspen Tr's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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