Asbury Foundation
THE ASBURY FOUNDATION ACQUIRES AND ADMINISTERS FUNDS TO BE HELD AND INVESTED FOR THE BENEFIT OF ITS PARENT ORGANIZATION, THE BONCREST FOUNDATION, INC., AND ITS AFFILIATES. THIS MISSION ENTAILS SUBSIDIZING THE BENEVOLENT CARE PROGRAM, PROGRAM ACTIVITIES, AND CAPITAL IMPROVEMENTS OF BONCREST BRIDGE CITY, AND ITS SUBSIDIARIES, ASBURY PLACE, ASBURY VILLAS, ASBURY HEALTH CENTER, VANADIUM WOODS VILLAGE, SENECA HILLS VILLAGE, SENECA MANOR, AND LIGHTHOUSE POINTE VILLAGE.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$8.7M
+25.8% YoY
Annual Giving
$675K
+23.0% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$675K
+269.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,677,922 | $6,897,420 | $10,552,954 |
| Revenue | $3,602,343 | $782,598 | $2,042,514 |
| Expenses | $775,992 | $722,952 | $925,433 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,985,585 | $244,249 | $18,708 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Asbury Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMELIA WALLER BAKER JD | SECRETARY | 1 | — |
| MAURICE ROSENBAUM | CEO/CHAIRMAN | 11 | — |
| BRAD PAYNE | DIRECTOR | 1 | — |
| FRANK CORRIGAN | DIRECTOR | 1 | — |
| ROY EVAN SIMMONS JR | EXECUTIVE DIRECTOR | 20 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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