Mary Frost Ashley Charitable Trust
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
Under IRS private-foundation payout rules, Mary Frost Ashley Charitable Trust reported a distributable amount of $691K for 2025 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Wisconsin ($625,000), Kenosha Unified School District #1 ($64,000), Kenosha Public Library Foundation ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF WISCONSIN KENOSHA, WI | GENERAL OPERATING PURPOSES | $625,000 |
| GIRLS ON THE RUN SOUTHEAST WISCONSIN MILWAUKEE, WI | GENERAL OPERATING PURPOSES | $5,000 |
| KENOSHA CHRISTMAS CHARITIES INC KENOSHA, WI | GENERAL OPERATING PURPOSES | $5,000 |
| YOUNG ARTIST PERFORMANCES HILTON HEAD ISLAND, SC | GENERAL OPERATING PURPOSES | $5,000 |
| KENOSHA LITERACY COUNCIL KENOSHA, IL | GENERAL OPERATING PURPOSES | $5,000 |
| KENOSHA PUBLIC LIBRARY FOUNDATION KENOSHA, WI | GENERAL OPERATING PURPOSES | $35,000 |
| KENOSHA SYMPHONY ASSOCIATION INC KENOSHA, WI | GENERAL OPERATING PURPOSES | $10,000 |
| KENOSHA YMCA KENOSHA, WI | GENERAL OPERATING PURPOSES | $35,000 |
| KENOSHA UNIFIED SCHOOL DISTRICT #1 KENOSHA, WI | GENERAL OPERATING PURPOSES | $64,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BMO BANK N A | C0-TRUSTEE | 1 | $91,968 |
| JAMES SEYMOUR | C0-TRUSTEE-PART TIME | 1 | — |
| PATRICIA F CALLAHAN | C0-TRUSTEE-PART TIME | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mary Frost Ashley Charitable Trust?
Mary Frost Ashley Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $8.9M in total assets as of 2025.
How large is Mary Frost Ashley Charitable Trust?
As of 2025, Mary Frost Ashley Charitable Trust holds $8.9M in total assets with $651K in annual revenue. It awarded 9 grants totaling $789K in 2025.
Where does Mary Frost Ashley Charitable Trust operate?
Mary Frost Ashley Charitable Trust has awarded grants in Illinois, South Carolina, Wisconsin.
What size grants does Mary Frost Ashley Charitable Trust award?
In 2025, Mary Frost Ashley Charitable Trust awarded 9 grants totaling $789K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is Mary Frost Ashley Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mary Frost Ashley Charitable Trust reported a distributable amount of $691K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mary Frost Ashley Charitable Trust's EIN?
Mary Frost Ashley Charitable Trust's EIN (Employer Identification Number) is 26-1417061. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Mary Frost Ashley Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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