ASBURY FOUNDATION FOR THEOLOGICAL EDUCATION INC

EIN 611164593 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$7.32M
at fiscal year end
Grants out
$6.34M
from DAF accounts
Contributions in
$13.46M
received into DAFs
Payout rate
86.6%
median is 12.5%
Accounts
2
funds held at year end
Average account
$3.7M
assets per fund

At 86.6%, this sponsor moved more than half its year-end balance out the door in a single year — roughly 7 times the 12.5% median, and among the most active sponsors of any size.

DAF assets by year

$207K
FY2022
$7.3M
FY2023

Grants paid by year

$793K
FY2022
$6.3M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive.

Grant disclosure

Itemized 2 grant lines totalling $4.1M across 2019–2024 — $2.1M per line.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Asbury Theological SeminaryEIN 610445823 KY$4.1M
Artists In Christian TestimonyEIN 953660821 TN$15K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.