Overview
What is Asbury Foundation Inc?
Asbury Foundation Inc is a charitable organization based at 5285 WESTVIEW DRIVE 200, Frederick, MD, 21703. They are dedicated to raising funds for the overall charitable activities of Asbury Atlantic, Inc., Asbury, Inc., Albright Care Services, Asbury Communities HCBS, Inc., and Asbury Communities, Inc. The funds support various programs, including the Benevolent Care Program for the continuing care retirement communities owned and operated by these entities, which provides confidential financial assistance to seniors who have depleted their resources. Additionally, Asbury Foundation Inc secures charitable support to enhance the lives of those served by Asbury Communities, Inc. and its affiliated organizations.
Official website here: www.theasburyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Asbury Foundation Inc has received a high rating of 98% from Charity Navigator, indicating strong performance in accountability and finance. With a perfect score in several financial categories, including an independent board and effective oversight practices, the foundation demonstrates a robust commitment to transparency and responsible management of resources.
Strengths noted include a high program expense ratio of 85.65%, reflecting a significant portion of funds directed towards its mission-related activities. The foundation maintains an excellent fundraising efficiency ratio and has no reported material diversion of assets, further underscoring its fiscal health and operational integrity.
However, while the foundation's accountability and finance scores are outstanding, its culture and community score of 77 suggests there may be areas for improvement in engagement and equity strategies. Overall, the Asbury Foundation Inc exemplifies a well-managed nonprofit with a strong commitment to its objectives, although enhancing community involvement could strengthen its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Asbury Foundation Inc legitimate?
Asbury Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theasburyfoundation.org
What is the mission statement of Asbury Foundation Inc?
The Asbury Foundation Inc is dedicated to obtaining charitable support to enhance the lives of individuals under the care of Asbury Communities Inc and its associated organizations. Through fundraising efforts, the foundation secures financial assistance for the benevolent care program, which helps seniors in need who have exhausted their resources. This program offers confidential financial aid to residents of the continuing care retirement communities owned and operated by the supported entities. Beyond the benevolent care, the foundation also raises funds for various programs that contribute to improving the lives of Asbury's residents and associates.
Official website here: www.theasburyfoundation.org
Who is the CEO of Asbury Foundation Inc?
Jd Shuman is the President/Ceo/Ex-Officio of Asbury Foundation Inc. The CEO's salary of Asbury Foundation Inc is $0 and their total compensation is $413,719.
Official website here: www.theasburyfoundation.org
What is the revenue of Asbury Foundation Inc?
Asbury Foundation Inc's revenue in 2022 was $17,996,340.
Official website here: www.theasburyfoundation.org
Who are the executives of Asbury Foundation Inc and what are their salaries?
There 9 volunteers at Asbury Foundation Inc.
Here are 12 key members and their salaries (Asbury Foundation Inc's CEO's salary is $0 and their total compensation is $413,719):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $394,915
- Other: $18,804
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $365,377
- Other: $26,987
- Compensation: $0
- Related: $574,190
- Other: $30,915
Official website here: www.theasburyfoundation.org
Where can I find the form 990 for Asbury Foundation Inc?
Asbury Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theasburyfoundation.org
Learn more at the official website: www.theasburyfoundation.org
Mission Statement of Asbury Foundation Inc
Asbury Foundation Inc is a charitable organization that works tirelessly to secure financial support for Asbury Communities Inc and its affiliated entities. Their mission is to enhance the lives of the people served by these organizations through fundraising efforts.
The Asbury Foundation plays a pivotal role in the overall charitable activities of Asbury Atlantic Inc, Asbury Inc, Albright Care Services, Asbury Communities HCBS, and Asbury Communities Inc. By raising funds, they help support the Benevolent Care Program for the Continuing Care Retirement Communities (CCRCs) owned and operated by these entities. This program confidentially provides financial assistance to seniors who, despite not being at fault, have exhausted their resources.
Beyond the Benevolent Care Program, the Asbury Foundation also raises funds for various other initiatives that improve the lives of Asbury residents and associates. Their dedication to supporting these organizations allows them to make a significant impact on the lives of those in need.
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Impact
October, 2024
Asbury Foundation Inc significantly enhances the quality of life for individuals served by Asbury Communities and its supported organizations. By securing charitable support, the Foundation plays a crucial role in funding various programs and initiatives that directly benefit seniors and their families.
One of its key contributions is the support of the Benevolent Care Program, which offers financial assistance to residents in continuing care retirement communities who, through no fault of their own, have outlived their resources. This ensures that seniors can maintain their well-being and dignity, even in challenging financial circumstances.
Additionally, Asbury Foundation raises funds for a range of programs aimed at enriching the lives of both residents and staff within the Asbury system. These programs not only meet essential needs but also foster community, engagement, and a higher quality of life for seniors. Through its proactive charitable fundraising efforts, the Foundation makes a tangible impact in promoting the health, happiness, and sustainability of these communities.
This information is meant to be a general summary of Asbury Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,826,556
- Gross Receipts: $23,363,139
Assets and Liabilities:
- Total Assets: $49,696,688
- Total Liabilities: $14,552,266
- Net Assets: $35,144,422
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Organization Details
Founding Year
1994
Phone
(301) 250-2100Principal Officer
Jd Shuman
Main Address
5285 WESTVIEW DRIVE 200, FREDERICK, MD, 21703
Website
www.theasburyfoundation.orgNTEE Category
Code: T30 - Philanthropy
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