Asher Foundation

Organization Overview

Asher Foundation is located in Bal Harbour, FL. The organization was established in 2004. 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. 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.

For the year ending 06/2022, Asher Foundation generated $500.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $463.0k during the year ending 06/2022. While expenses have increased by 13.5% per year over the past 5 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 2020, Asher Foundation has awarded 39 individual grants totaling $998,720. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAKES CHARITABLE CONTRIBUTIONS TO ORGANIZATIONS WHICH ARE QUALIFED IRC 501(C)(3) ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Alan Kestenbaum
Trustee
$0
Deborah Kestenbaum
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $500,000
Interest on Savings $4
Dividends & Interest $0
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 $500,004

Grants Awarded

Over the last fiscal year, Asher Foundation has awarded $459,240 in support to 13 organizations.

Grant RecipientAmount

NORTHWELL HEALTH FOUNDATION

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.

$100,000

AMERICAN FRIENDS OF LIBI

Org PageRecipient Profile

Brookline, MA

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.I SEE WHAT YOU ARE SAYING AND I SEE WHAT YVETTE IS SAYING. YVETTE IS SAYING THAT SHE CORRECTED THE BOOKS TO RECONCILE TO THE BANK, $34,588.39. SHE MUST HAVE MADE THE CORRECTION AFTER SHE SENT YOU THE REPORT ON 6/26/20.I USED $34,588.39 ON THE TAX RETURN. AS A RESULT, THE TAX RETURN THAT I SENT YOU AGREES

$100,000

AMERICAN COMMITTEE FOR SHAARE ZEDEK

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.

$83,000

Brooklyn, NY

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.

$60,000

CHABAD HOUSE BOWERY

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.

$50,000

CONGREGATION KEHILATH JESHURUN

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED GRANT TO THE NAMED CHARITY TO CARRY OUT ITS CHARITABLE PURPOSE.

$28,750
View Grant Profile

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