The Aspen Grove Foundation
The Aspen Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $710K in total assets. In 2024, it awarded 31 grants totaling $120K. Net investment income was $15K.
Key facts about The Aspen Grove Foundation
- EIN
- 23-7921981
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $120,000
- Grants made (2024)
- 31
- Average grant
- $3,871
- Median grant
- $2,500
- New grantees (estimate)
- 30% first-time grantees (9 of 30, 2024)
- Total assets
- $710,315
- Primary geography
- Pennsylvania (24% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Aspen Grove Foundation funds
By grant dollars, the top recipient states for The Aspen Grove Foundation's 31 itemized 2024 grants were Pennsylvania (24%), New Jersey (21%) and District of Columbia (13%). The most frequent recipient cities were Washington, DC (3 grants), Philadelphia, PA (3 grants) and Boothbay, ME (2 grants). 90% of grants with a stated purpose were for general or operating support.
Is The Aspen Grove Foundation open to new grantees?
30%
first-time grantees, 2024
In 2024, 9 of 30 grantees (30%) were first-time recipients. First grants averaged $5K; repeat grants $4K. How we count
Medians: $5K first-time, $2K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 194% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Aspen Grove Foundation
- How to evaluate The Aspen Grove Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$710K
-4.3% YoY
Annual Giving
$120K
+100.0% YoY
Grant Count
31
-6.1% YoY
Avg Grant Size
$4K
+112.9% YoY
Under IRS private-foundation payout rules, The Aspen Grove Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About The Aspen Grove Foundation
Based on IRS filings
The Aspen Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $710K in total assets. In 2024, it awarded 31 grants totaling $120K. Net investment income was $15K.
Focus Areas
Ready to take the next step with The Aspen Grove Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 31 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $710,315 | $742,032 | $537,822 |
| Revenue | $99,756 | $274,128 | $12,649 |
| Expenses | $131,473 | $70,918 | $117,737 |
| Qualifying Distributions | $131,468 | $70,678 | $117,732 |
| Net Investment Income | $15,128 | $14,123 | $12,644 |
| Distributable Amount | $67,814 | $56,690 | $49,409 |
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 10 recipients in 2024
Grant Size Distribution
160 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include World Central Kitchen Incorporated ($15,000 across 2 grants), Heroes and Horses Inc ($11,000), Norwegian Fjord Horse Rescue Network ($10,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HEROES AND HORSES INC Virginia City, MT | General & Unrestricted | $11,000 |
| NORWEGIAN FJORD HORSE RESCUE NETWORK Apache JCT, AZ | General & Unrestricted | $10,500 |
| BRYN ATHYN CHURCH OF THE NEW JERUSALEM Bryn Athyn, PA | General support to be disbursed only by Meg Rohtla, Cathedral Director | $10,000 |
| MUDGIRLS STUDIOS Linwood, NJ | General & Unrestricted | $10,000 |
| WORLD CENTRAL KITCHEN INCORPORATED Washington, DC | General & Unrestricted | $10,000 |
| FAMILY PROMISE OF HUNTERDON COUNTY INC Flemington, NJ | General & Unrestricted | $5,000 |
| LORDS PLACE INC West Palm Beach, FL | General & Unrestricted | $5,000 |
| NATURAL LANDS TRUST INCORPORATED Media, PA | General & Unrestricted | $5,000 |
| PAWS Philadelphia, PA | General & Unrestricted | $5,000 |
| WILD AFRICA Lafayette, CA | General & Unrestricted | $5,000 |
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 |
|---|---|---|---|
| Allegra Asplundh | Trustee | 1 | — |
| Barbara L Asplundh | Trustee | 1 | — |
| Bethany Asplundh | Pres, Trustee | 1 | — |
| Gwendolyn M Asplundh | Trustee | 1 | — |
| Jacqueline Asplundh | Treas, Trustee | 1 | — |
| Alexander Asplundh-Smith | Trustee | 1 | — |
| Edward Kosek | Trustee | 1 | — |
| Jessica Kosek | Sec, Trustee | 1 | — |
| Jill Asplundh Kosek | Trustee | 1 | — |
| Adriano Maestri | Trustee | 1 | — |
| Daniel C Maestri | Trustee | 1 | — |
| Kristian Maestri | Trustee | 1 | — |
| Marco R Maestri | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Aspen Grove Foundation?
The Aspen Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $710K in total assets as of 2024.
How large is The Aspen Grove Foundation?
As of 2024, The Aspen Grove Foundation holds $710K in total assets with $100K in annual revenue. It awarded 31 grants totaling $120K in 2024.
Where does The Aspen Grove Foundation operate?
The Aspen Grove Foundation has awarded grants in Alabama, Arkansas, Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Mississippi, Montana, Nebraska, New Jersey, New Mexico, New York, Pennsylvania, Texas, Virginia, Wyoming.
What size grants does The Aspen Grove Foundation award?
In 2024, The Aspen Grove Foundation awarded 31 grants totaling $120K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Aspen Grove Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aspen Grove Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Aspen Grove Foundation's EIN?
The Aspen Grove Foundation's EIN (Employer Identification Number) is 23-7921981. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.