Ina B Bond Ashbourne Charitable Fund
- Assets
- $27.8m
- Revenue
- $4.2m
- Investments
- $26.3m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 45-2809797
Organization Overview
Ina B Bond Ashbourne Charitable Fund is located in Louisville, KY. The organization was established in 2011. 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. Ina B Bond Ashbourne Charitable Fund 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 12/2021, Ina B Bond Ashbourne Charitable Fund generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ina B Bond Ashbourne Charitable Fund has awarded 267 individual grants totaling $14,354,918. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine G Musselman Director | 0.1 | $0 | |
Ina Brown Bond Chairman & President | 0.1 | $0 | |
W Austin Musselman Jr Secretary & Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,603,740 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,552,276 |
| Capital Gain Net Income | $2,552,276 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,156,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100,156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $324 |
| Total operating and administrative expenses | $184,218 |
| Contributions, gifts, grants paid | $2,687,500 |
| Total expenses and disbursements | $2,871,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $1,562,294 |
| 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 | $474 |
| Total assets | $27,818,261 |
| 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, Ina B Bond Ashbourne Charitable Fund has awarded $2,687,500 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
MUHAMMAD ALI CENTER PURPOSE: SUPPORT | $765,000 |
TUNNEL TO TOWERS PURPOSE: SUPPORT | $350,000 |
AMERICAN RED CROSS PURPOSE: SUPPORT | $325,200 |
METRO UNITED WAY PURPOSE: SUPPORT | $175,000 |
WEST END SCHOOL PURPOSE: SUPPORT | $150,000 |
Louisville, KY PURPOSE: SUPPORT | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |