Thomas And Spring Savitt Asher Foundation
- Assets
- $1.6m
- Revenue
- $137.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/1998
- Data as of
- 03/2023
- EIN
- 58-1711882
Organization Overview
Thomas And Spring Savitt Asher Foundation is located in Atlanta, GA. The organization was established in 1998. 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. Thomas And Spring Savitt Asher Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Thomas And Spring Savitt Asher Foundation has awarded 84 individual grants totaling $313,832. 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 |
|---|---|---|---|
Thomas J Asher Trustee | 2 | $0 | |
Rosalie S Asher Trustee | 0.5 | $0 | |
Joseph S Asher Trustee | 0.25 | $0 | |
Juliet A Golden Trustee | 0.25 | $0 | |
Hugh S Asher Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,272 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $99,143 |
| Capital Gain Net Income | $99,143 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,415 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,004 |
| Contributions, gifts, grants paid | $89,250 |
| Total expenses and disbursements | $107,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $244,359 |
| 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 | $1,206,632 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,598,636 |
| 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, Thomas And Spring Savitt Asher Foundation has awarded $89,250 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVATH ACHIM SYNAGOGUE PURPOSE: GENERAL GIFTING | $500 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL GIFTING | $5,000 |
COMMUNITIES IN SCHOOLS OF GEORGIA PURPOSE: GENERAL GIFTING | $1,000 |
EMORY UNIVERSITY PURPOSE: GOIZUETA ALZHEIMER'S DISEASE RESEARCH | $5,000 |
GEORGIA HISTORICAL SOCIETY PURPOSE: GENERAL FUNDING | $500 |
THE GEORGE WASHINGTON UNIVERSITY PURPOSE: GENERAL FUNDING | $2,000 |