The Ashurst-Lane Family Foundation
The Ashurst-Lane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $38K. Net investment income was $176K.
Key facts about The Ashurst-Lane Family Foundation
- EIN
- 63-1280870
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $37,600
- Grants made (2024)
- 4
- Average grant
- $9,400
- Median grant
- $3,750
- Total assets
- $1,019,705
- Primary geography
- Alabama (87% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Ashurst-Lane Family Foundation funds
By grant dollars, the top recipient states for The Ashurst-Lane Family Foundation's 4 itemized 2024 grants were Alabama (87%) and Texas (13%). The most frequent recipient cities were Montgomery, AL (2 grants). 25% of grants with a stated purpose were for general or operating support.
How The Ashurst-Lane Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+19%). Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Ashurst-Lane Family Foundation
- How to evaluate The Ashurst-Lane Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+15.7% YoY
Annual Giving
$38K
-28.4% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$9K
-64.2% YoY
Under IRS private-foundation payout rules, The Ashurst-Lane Family Foundation reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ashurst-Lane Family Foundation
Based on IRS filings
The Ashurst-Lane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $38K. Net investment income was $176K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,019,705 | $881,241 | $1,175,624 |
| Revenue | $183,330 | $-16,508 | $-125,706 |
| Expenses | $45,582 | $60,428 | $45,559 |
| Qualifying Distributions | $38,600 | $53,550 | $34,058 |
| Net Investment Income | $176,348 | $10,588 | — |
| Distributable Amount | $45,820 | $46,881 | $62,572 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys and Girls Club ($30,000), St Michael Catholic School ($5,000), First Choice Women's Medical Center ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUB Huntsville, AL | PROVIDE FACILITIES, PROGRAMS, AND LEADERSHIP THAT MOTIVATE ALL YOUTH TO REACH THEIR FULL POTENTIAL | $30,000 |
| ST MICHAEL CATHOLIC SCHOOL Houston, TX | TO FORM DISCIPLES OF CHRIST THROUGH AN EDUCATION FOCUSED ON FAITH, CONSCIENCE, SCHOLARSHIP, AND SERVICE. | $5,000 |
| FIRST CHOICE WOMEN'S MEDICAL CENTER Montgomery, AL | TO REACH THE ABORTION-VULNERABLE MEMBERS OF OUR COMMUNITY | $2,500 |
| MONTGOMERY HUMANE SOCITY Montgomery, AL | THE MONTGOMERY HUMANE SOCIETY PREVENTS CRUELTY TO ANIMALS BY OPERATING AN ANIMAL SHELTER FOR HOMELESS, ABANDONED, AND UNWANTED ANIMALS. | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jamie Lee Ashurst | President/Trustee | — | — |
| Winston McCain Ashurst | Secretary-Treasurer/Truste | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ashurst-Lane Family Foundation?
The Ashurst-Lane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. It holds $1.0M in total assets as of 2024.
How large is The Ashurst-Lane Family Foundation?
As of 2024, The Ashurst-Lane Family Foundation holds $1.0M in total assets with $183K in annual revenue. It awarded 4 grants totaling $38K in 2024.
Where does The Ashurst-Lane Family Foundation operate?
The Ashurst-Lane Family Foundation has awarded grants in Alabama, Texas.
What size grants does The Ashurst-Lane Family Foundation award?
In 2024, The Ashurst-Lane Family Foundation awarded 4 grants totaling $38K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Ashurst-Lane Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ashurst-Lane Family Foundation reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ashurst-Lane Family Foundation's EIN?
The Ashurst-Lane Family Foundation's EIN (Employer Identification Number) is 63-1280870. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.