Ashton Foundation Inc
- Assets
- $112.6k
- Revenue
- $54.5k
- Investments
- $52.5k
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/1970
- Data as of
- 03/2024
- EIN
- 23-7061214
Organization Overview
Ashton Foundation Inc is located in Palm Beach, FL. The organization was established in 1970. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashton Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Ashton Foundation Inc generated $54.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $28.6k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Ashton Barel Di Sant'albano Chair And Treasurer | 0.1 | $0 | |
Carlo Barel Di Sant'albano Vice President And Secretary | 0.1 | $0 | |
Angela Barel Di Sant'albano Vice President | 0.1 | $0 | |
Alessandro Barel Di Sant'albano Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,550 |
| Interest on Savings | $9 |
| Dividends & Interest | $1,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $877 |
| Capital Gain Net Income | $877 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17 |
| Total operating and administrative expenses | $10,951 |
| Contributions, gifts, grants paid | $17,650 |
| Total expenses and disbursements | $28,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,157 |
| Net Accounts receivable | $25 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $112,642 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ashton Foundation Inc has awarded $17,650 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE FOR DEPRESSION RESEARCH FOUNDATION PURPOSE: GENERAL PURPOSE GRANT | $10,000 |
THE TUNNEL TOWERS FOUNDATION PURPOSE: GENERAL PURPOSE GRANT | $150 |
BASCOM PALMER EYE INSTITUTE PURPOSE: GENERAL PURPOSE GRANT | $5,000 |
SOCIETY FOR PRESERVATION OF THE GREAT AMERICAN SONGBOOK PURPOSE: GENERAL PURPOSE GRANT | $2,500 |