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Asbury Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521862674 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

Overview

What is Asbury Foundation Inc?

Asbury Foundation Inc is a charitable organization based at 5285 WESTVIEW DRIVE 200, Frederick, MD, 21703. They are dedicated to raising funds for the overall charitable activities of Asbury Atlantic, Inc., Asbury, Inc., Albright Care Services, Asbury Communities HCBS, Inc., and Asbury Communities, Inc. The funds support various programs, including the Benevolent Care Program for the continuing care retirement communities owned and operated by these entities, which provides confidential financial assistance to seniors who have depleted their resources. Additionally, Asbury Foundation Inc secures charitable support to enhance the lives of those served by Asbury Communities, Inc. and its affiliated organizations.


Official website here: www.theasburyfoundation.org

Is Asbury Foundation Inc legitimate?

Asbury Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.theasburyfoundation.org

What is the mission statement of Asbury Foundation Inc?

The Asbury Foundation Inc is dedicated to obtaining charitable support to enhance the lives of individuals under the care of Asbury Communities Inc and its associated organizations. Through fundraising efforts, the foundation secures financial assistance for the benevolent care program, which helps seniors in need who have exhausted their resources. This program offers confidential financial aid to residents of the continuing care retirement communities owned and operated by the supported entities. Beyond the benevolent care, the foundation also raises funds for various programs that contribute to improving the lives of Asbury's residents and associates.


Official website here: www.theasburyfoundation.org

Who is the CEO of Asbury Foundation Inc?

Jd Shuman is the President/Ceo/Ex-Officio of Asbury Foundation Inc. The CEO's salary of Asbury Foundation Inc is $0 and their total compensation is $413,719.


Official website here: www.theasburyfoundation.org

What is the revenue of Asbury Foundation Inc?

Asbury Foundation Inc's revenue in 2022 was $17,996,340.


Official website here: www.theasburyfoundation.org

Who are the executives of Asbury Foundation Inc and what are their salaries?

Here are 12 key members and their salaries (Asbury Foundation Inc's CEO's salary is $0 and their total compensation is $413,719):

    Andrew Jeanneret (Treasurer)
  • Compensation: $0
  • Related: $574,190
  • Other: $30,915

    • Jd Shuman (President/Ceo/Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $394,915
  • Other: $18,804

    • Andrew Joseph (Secretary)
  • Compensation: $0
  • Related: $365,377
  • Other: $26,987

    • Carolyn Stamatakis (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Stang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corey Basehore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bud Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Anne Morefield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Tapiero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Woodin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Mordaunt Rosborough (Director (Until Feb 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Dick Vert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theasburyfoundation.org

    Where can I find the form 990 for Asbury Foundation Inc?

    The Asbury Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theasburyfoundation.org

    Learn more at the official website: www.theasburyfoundation.org

    Mission Statement of Asbury Foundation Inc

    Asbury Foundation Inc is a charitable organization that works tirelessly to secure financial support for Asbury Communities Inc and its affiliated entities. Their mission is to enhance the lives of the people served by these organizations through fundraising efforts.

    The Asbury Foundation plays a pivotal role in the overall charitable activities of Asbury Atlantic Inc, Asbury Inc, Albright Care Services, Asbury Communities HCBS, and Asbury Communities Inc. By raising funds, they help support the Benevolent Care Program for the Continuing Care Retirement Communities (CCRCs) owned and operated by these entities. This program confidentially provides financial assistance to seniors who, despite not being at fault, have exhausted their resources.

    Beyond the Benevolent Care Program, the Asbury Foundation also raises funds for various other initiatives that improve the lives of Asbury residents and associates. Their dedication to supporting these organizations allows them to make a significant impact on the lives of those in need.

    Impact

    This information is meant to be a general summary of Asbury Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Asbury Foundation Inc's impact can be seen in the enhancement of the lives of individuals served by Asbury communities, Inc. and its supported organizations. By securing charitable support, the foundation helps fund benevolent care programs for seniors in continuing care retirement communities who have outlived their resources. Additionally, Asbury Foundation raises funds for other programs that contribute to the well-being of residents and associates within the Asbury community. This philanthropic support plays a crucial role in providing assistance and improving the quality of life for those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,826,556
  • Program Service Revenue: $0
  • Gross Receipts: $23,363,139

    • Assets and Liabilities:
  • Total Assets: $49,696,688
  • Total Liabilities: $14,552,266
  • Net Assets: $35,144,422
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Jd Shuman

    Main Address

    5285 WESTVIEW DRIVE 200, FREDERICK, MD, 21703

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Asbury Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.