Michael Asher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $762K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.6M
-1.0% YoY
Annual Giving
$14K
Grant Count
2
Avg Grant Size
$7K
Under IRS private-foundation payout rules, Michael Asher Foundation reported a distributable amount of $343K for 2024 — the minimum it must pay out in qualifying distributions.
About Michael Asher Foundation
Based on IRS filings
Michael Asher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $762K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,570,396 | $9,665,954 | $9,607,434 |
| Revenue | $806,524 | $178,016 | $104,269 |
| Expenses | $858,960 | $708,266 | $733,267 |
| Qualifying Distributions | $575,097 | $447,747 | $463,718 |
| Net Investment Income | $761,857 | $134,161 | $137,688 |
| Distributable Amount | $343,214 | $346,762 | $375,861 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Krannert Art Museum at the University of Illinois Urbana-champaign ($10,000), Fractured Atlas ($3,840).
| Recipient | Purpose | Amount |
|---|---|---|
| FRACTURED ATLAS NEW YORK, NY | GRANT TO SUPPORT EXIT INTERVIEW PUBLICATION | $3,840 |
| KRANNERT ART MUSEUM AT THE UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGN CHAMPAIGN, IL | GRANT TO SUPPORT EXHIBITION AND CATALOGUE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN DUNBAR | EXECUTIVE DIRECTOR | 40 | $141,138 |
| ANN GOLDSTEIN | DIRECTOR & PRESIDENT | 7 | $6,000 |
| MIWON KWON | DIRECTOR & CONSULTANT | 11 | $25,913 |
| STEPHAN PASCHER | DIRECTOR | 6 | $6,000 |
| KIRSI PELTOMAKI | DIRECTOR | 6 | $6,000 |
| STEPHEN JAMES PRINA | DIRECTOR | 6 | $6,000 |
| MATHIEU GREGOIRE | DIRECTOR & TREAS.; SECRTY | 7 | $6,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael Asher Foundation?
Michael Asher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $9.6M in total assets as of 2024.
How large is Michael Asher Foundation?
As of 2024, Michael Asher Foundation holds $9.6M in total assets with $807K in annual revenue. It awarded 2 grants totaling $14K in 2024.
Where does Michael Asher Foundation operate?
Michael Asher Foundation has awarded grants in California, Illinois, Louisiana, New York.
What size grants does Michael Asher Foundation award?
In 2024, Michael Asher Foundation awarded 2 grants totaling $14K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Michael Asher Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael Asher Foundation reported a distributable amount of $343K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael Asher Foundation's EIN?
Michael Asher Foundation's EIN (Employer Identification Number) is 35-2510764. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michael Asher Foundation'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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