Asbury Trust
- Assets
- $166.5k
- Revenue
- $6.3k
- Investments
- $157.3k
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 01/1991
- Data as of
- 12/2023
- EIN
- 23-7648415
Organization Overview
Asbury Trust is located in Lancaster, PA. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Asbury Trust 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 12/2023, Asbury Trust generated $6.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $10.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION FOR STUDENT MISSON SUPPORT CHRISTIAN STUDENT FELLOWSHP 507 COLUMBIA AVENUE, LEXINGTON, KY 40508
DONATION TO SCHOLARSHIP FUND LANCASTER BIBLE COLLEGE 901 EDEN ROAD, LANCASTER, PA 17601
DONATION FOR MISSIONARY SUPPORT CHILD EVANGELISM FELLOWSHIP PO BOX 348, WARRENTON, MO 63383
DONATION FOR HUMAN RIGHTS OF CHRISTIANS THE VOICE OF THE MARTYRS 1915 SE BISON RD, BARTLESVILLE, OK 74006
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,282 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $2,347 |
| Contributions, gifts, grants paid | $7,817 |
| Total expenses and disbursements | $10,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,949 |
| Savings and temporary cash investments | $6,227 |
| Net Accounts receivable | $0 |
| 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 | $166,516 |
| 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, Asbury Trust has awarded $7,817 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASBURY THEOLOGICAL SEMINARY PURPOSE: SCHOLARSHIPSUPPORT | $406 |
CHILD EVANGELISM FELLOWSHIP PURPOSE: MISSIONARYSUPPORT | $500 |
LANCASTER BIBLE COLLEGE PURPOSE: SCHOLARSHIPFUND | $2,000 |
CHRISTIAN STUDENT FELLOWSHIP PURPOSE: STUDENT MISSIONSUPPORT | $3,511 |
THE VOICE OF THE MARTYRS PURPOSE: CHRISTIANMINISTRY | $1,000 |
WALK THROUGH THE BIBLE PURPOSE: GENERALFUND | $0 |