Asire Family Foundation Dated December 2 2016
- Assets
- $336.6k
- Revenue
- $8.1k
- Investments
- $196.1k
- Employees
- 0
- Location
- Mahomet, IL
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-4579198
Organization Overview
Asire Family Foundation Dated December 2 2016 is located in Mahomet, IL. The organization was established in 2017. 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. Asire Family Foundation Dated December 2 2016 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, Asire Family Foundation Dated December 2 2016 generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $25.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Asire Family Foundation Dated December 2 2016 has awarded 21 individual grants totaling $134,400. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $410 |
| Interest on Savings | $1,038 |
| Dividends & Interest | $10,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,439 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $324 |
| Total operating and administrative expenses | $4,043 |
| Contributions, gifts, grants paid | $21,600 |
| Total expenses and disbursements | $25,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $140,517 |
| 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 | $55,732 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $336,594 |
| 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, Asire Family Foundation Dated December 2 2016 has awarded $21,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH BAPTIST CHURCH PURPOSE: RELIGIOUSRELIGIOUS | $500 |
PACIFIC RIM MISSIONS INTERNATIONAL PURPOSE: RELIGIOUS | $5,100 |
TOM WILLIAMS WORLDWIDE MINISTRIES PURPOSE: RELIGIOUS | $12,000 |
BRENT SIVNKSTY MINISTRIES PURPOSE: RELIGIOUSRELIGIOUS | $4,000 |