Ashcraft Foundation Inc
- Assets
- $0.0
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 05/1992
- Data as of
- 09/2020
- EIN
- 81-0472889
Organization Overview
Ashcraft Foundation Inc is located in Billings, MT. The organization was established in 1992. 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. Ashcraft 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 09/2020, Ashcraft Foundation Inc generated $2.0k 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 (35.1%) each year. All expenses for the organization totaled $3.2k during the year ending 09/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO VARIOUS COLLEGE STUDENTS. TOTAL OF 1 STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmie L Ashcraft Trustee | 1 | $0 | |
Kay Ashcraft Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,002 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,185 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $3,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ashcraft Foundation Inc has awarded $3,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MADISON DIFONZO PURPOSE: SCHOLARSHIP | $1,000 |
EMILY CARDA PURPOSE: SCHOLARSHIP | $1,000 |
BRETT DELP PURPOSE: SCHOLARSHIP | $1,000 |