The Asgard of Maryland Inc XXX-XX-XXXX
THE ASGARD OF MARYLAND INC is a private foundation based in Annapolis, Maryland. Its 2024 filing reports 12 grants totaling $24,500, all listed for general support. Its 2025 filing, the latest on this page, reports 13 grants totaling $33,000.
The Asgard of Maryland Inc XXX-XX-XXXX at a glance
In short: The Asgard of Maryland Inc XXX-XX-XXXX gave $33K across 13 grants in 2025 (avg $3K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $33,000
- +34.7% vs 2024
- Grants made (2025)
- 13
- +8.3% vs 2024
- Average grant
- $2,538
- +24.3% vs 2024
- Median grant
- $2,000
- Total assets
- $272,378
- -56.5% vs 2024
- Primary geography
- Maryland (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
How to apply to The Asgard of Maryland Inc XXX-XX-XXXX
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 534 Epping Forest Road, Annapolis, MD 21401
Phone: (410) 849-2693
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Asgard of Maryland Inc XXX-XX-XXXX funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was AYC Foundation ($8K). Together the top 10 received $31K.
Grant Size Distribution
60 grants across all recorded years
The most common grant size was under $50K: 60 grants of 60 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 78% of grant dollars went to recipients in Maryland, 12% to recipients in DC, 4% to recipients in New Hampshire, 4% to recipients in Virginia, and 2% to recipients in Washington.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
How The Asgard of Maryland Inc XXX-XX-XXXX gives
- 38% of 2025 grantees were also funded in 2024. Method
- Giving grew 53% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 2020 to 2025, annual grant giving ranged from $20K (2021) to $33K (2025). In 2025 it made 13 grants totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| AYC Foundation Annapolis, MD | Operating Support | $7,500 |
| Annapolis Opera Annapolis, MD | Operating Support | $5,000 |
| Hammond Harwood House Annapolis, MD | Operating Support | $5,000 |
| Southern Maryland Sailing Foundation St Marys City, MD | Operating Support | $2,500 |
| St Anne's Episcopal Church Annapolis, MD | Operating Support | $2,500 |
| Severn River Association Annapolis, MD | Operating Support | $2,500 |
| Naval Academy Sailing Foundation Arnold, MD | Operating Support | $2,000 |
| St Mary's College of MD Foundation St Marys City, MD | Operating Support | $1,500 |
| GMA Napoli ODV Italy, MD | Operating Support | $1,000 |
| FIDOS For Freedom Inc Laurel, MD | Operating Support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $272,378 | $15,134 | $38,269 | $33,000 | 13 | $33,000 | $11,101 | $28,543 |
| 2024 | $626,840 | $6,961 | $25,523 | $24,500 | 12 | $24,500 | — | — |
| 2023 | $562,708 | $24,340 | $22,511 | $22,000 | 13 | $22,000 | — | — |
| 2022 | $538,257 | $14,935 | $22,521 | $21,500 | 11 | $21,500 | — | $26,335 |
| 2021 | $530,168 | $7,086 | $21,238 | $19,500 | 11 | $19,500 | — | $28,324 |
| 2020 | $531,440 | — | $26,000 | $26,000 | 19 | — | — | $26,813 |
Under IRS private-foundation payout rules, The Asgard of Maryland Inc XXX-XX-XXXX reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants are listed as general support for the recipient organizations.
Grantmaking
In 2024, the foundation gave $24,500 through 12 grants. Grant amounts ranged from $500 to $8,000, with a median grant of $1,000. Its largest grants were $8,000 to St Anne’s Episcopal Church, $4,000 to St Marys Parish, and $3,000 to Hammond Harwood House, all in Annapolis, Maryland. Each was designated for general support. Its 2025 filing, the latest on this page, reports 13 grants totaling $33,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists George Hughes as president and Madeleine Carty as a member.
The Asgard of Maryland Inc XXX-XX-XXXX is led by Madeleine Bell Carty, President since 2025 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Madeleine Bell Carty
President
Member → President, 2025
On filings since 2020
1 hr/week
No compensation reported
George Hughes
Member
Member → President, 2024
President → Member, 2025
On filings since 2020
1 hr/week
No compensation reported
Andrew D. Huges
Member
New on the 2025 filing
1 hr/week
No compensation reported
William West Carty
Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Madeline Hughes (2020–2023) — President
Data from IRS Form 990 filings, 2020–2025. "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 The Asgard of Maryland Inc XXX-XX-XXXX
How much does The Asgard of Maryland Inc XXX-XX-XXXX give each year?
The Asgard of Maryland Inc XXX-XX-XXXX gave $33K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 12 grants.
What is The Asgard of Maryland Inc XXX-XX-XXXX's typical grant size?
The Asgard of Maryland Inc XXX-XX-XXXX's median grant in 2025 was $2,000, and its average grant was $2,538, across 13 grants on its 2025 IRS Form 990-PF.
Where does The Asgard of Maryland Inc XXX-XX-XXXX give grants?
The Asgard of Maryland Inc XXX-XX-XXXX gives mostly in Maryland: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Annapolis, MD (6 grants) and St Marys City, MD (2 grants).
Does The Asgard of Maryland Inc XXX-XX-XXXX give general operating support?
Yes: 100% of The Asgard of Maryland Inc XXX-XX-XXXX's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Asgard of Maryland Inc XXX-XX-XXXX's largest grantees?
The Asgard of Maryland Inc XXX-XX-XXXX's largest 2025 grantees include AYC Foundation ($7,500), Annapolis Opera ($5,000) and Hammond Harwood House ($5,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is The Asgard of Maryland Inc XXX-XX-XXXX?
The Asgard of Maryland Inc XXX-XX-XXXX reported $272K in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
What does The Asgard of Maryland Inc XXX-XX-XXXX fund?
No mission statement is provided. The 2024 grants are listed as general support for the recipient organizations. See mission & focus areas ↑
How do I apply for a grant from The Asgard of Maryland Inc XXX-XX-XXXX?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Asgard of Maryland Inc XXX-XX-XXXX's EIN?
The Asgard of Maryland Inc XXX-XX-XXXX's EIN (Employer Identification Number) is 52-1655470. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Asgard of Maryland Inc XXX-XX-XXXX accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 26, 2022)
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 1, 2026)
- IRS filings on file for fiscal years 2020–2024
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