The Asen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 23 grants totaling $40K. Net investment income was $87K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$676K
+7.0% YoY
Annual Giving
$40K
-35.7% YoY
Grant Count
23
+64.3% YoY
Avg Grant Size
$2K
-60.9% YoY
Under IRS private-foundation payout rules, The Asen Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About The Asen Foundation
Based on IRS filings
The Asen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 23 grants totaling $40K. Net investment income was $87K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $676,490 | $632,211 | $601,897 |
| Revenue | $86,518 | $94,919 | $23,464 |
| Expenses | $42,594 | $64,606 | $161,263 |
| Qualifying Distributions | $39,650 | $61,650 | $157,730 |
| Net Investment Income | $86,518 | $2,702 | $7,054 |
| Distributable Amount | $5,882 | $14,980 | $21,497 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ljmn Media Inc ($10,000), Housatonic Valley Association ($5,000), Ny Hot Jazz Camp Corp ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PROJECT SAGE LAKEVILLE, CT | SUPPORT | $300 |
| HOUSATONIC VALLEY ASSOCIATION CORNWALL BRIDGE, CT | SUPPORT | $5,000 |
| NY HOT JAZZ CAMP CORP NEW YORK, NY | SUPPORT | $2,500 |
| NORTHEAST HARBOR LIBRARY NORTHEAST HARBOR, ME | SUPPORT | $250 |
| THE NEIGHBORHOOD HOUSE NORTHEAST HARBOR, ME | SUPPORT | $250 |
| TARGET MARGIN THEATER BROOKLYN, NY | SUPPORT | $500 |
| THE TURTLE BAY TREE FUND NEW YORK, NY | SUPPORT | $250 |
| HARVARD MAGAZINE BOSTON, MA | SUPPORT | $100 |
| THE NORFOLK LIBRARY NORFOLK, CT | SUPPORT | $250 |
| GREAT MOUNTAIN FOREST CORP FALLS VILLAGE, CT | SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT SCOTT ASEN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Asen Foundation?
The Asen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $676K in total assets as of 2024.
How large is The Asen Foundation?
As of 2024, The Asen Foundation holds $676K in total assets with $87K in annual revenue. It awarded 23 grants totaling $40K in 2024.
Where does The Asen Foundation operate?
The Asen Foundation has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Louisiana, Massachusetts, Maine, New York, Pennsylvania, Virginia, Washington.
What size grants does The Asen Foundation award?
In 2024, The Asen Foundation awarded 23 grants totaling $40K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Asen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Asen Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Asen Foundation's EIN?
The Asen Foundation's EIN (Employer Identification Number) is 20-7361210. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Asen 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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