Mary Frost Ashley Charitable Trust

CHICAGO, IL EIN: 26-1417061

Mary Frost Ashley Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $8.9M in total assets. In 2025, it awarded 9 grants totaling $789K. Net investment income was $604K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.9M

-2.6% YoY

Annual Giving

$789K

-12.0% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$88K

-12.0% YoY

About Mary Frost Ashley Charitable Trust

Based on IRS filings

Mary Frost Ashley Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $8.9M in total assets. In 2025, it awarded 9 grants totaling $789K. Net investment income was $604K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ChicagoHilton Head IslandKenoshaMadisonMilwaukeePleasant Prairie

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$272K$544K$816K$1M20212022202320242025
Metric202520242023
Total Assets$8,937,438$9,174,731$9,746,698
Revenue$651,206$413,523$247,364
Expenses$889,480$989,560$865,487
Qualifying Distributions$834,999$940,227$817,200
Net Investment Income$603,723$367,618$231,708
Distributable Amount$690,723$641,756$593,928

Giving Over Time

Total grant dollars and number of grants per year

$0$224K$449K$673K$897K10 grants20217 grants20225 grants20239 grants20249 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

UNIVERSITY OF WISCONSIN$625KKENOSHA UNIFIED SCHOOL D…$64KKENOSHA PUBLIC LIBRARY F…$35KKENOSHA YMCA$35KKENOSHA SYMPHONY ASSOCIA…$10KGIRLS ON THE RUN SOUTHEA…$5KKENOSHA CHRISTMAS CHARIT…$5KYOUNG ARTIST PERFORMANCES$5KKENOSHA LITERACY COUNCIL$5K

Grant Size Distribution

40 grants across all recorded years

31<$50K1$50–100K3$100–250K1$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

BMO BANK N AC0-TRUSTEE$92K

From 2025 filing

NameTitleHoursCompensation
BMO BANK N AC0-TRUSTEE1$91,968
JAMES SEYMOURC0-TRUSTEE-PART TIME1
PATRICIA F CALLAHANC0-TRUSTEE-PART TIME1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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