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Absher Charitable Foundation Inc. is a private corporation based in CARMI, IL. The foundation received its IRS ruling in 2019. It holds total assets of $44.1M. Annual income is reported at $23.6M. Total assets have grown from $99K in 2019 to $32.4M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Absher Charitable Foundation Inc. has made 16 grants totaling $2M, with a median grant of $96K. Annual giving has grown from $451K in 2021 to $623K in 2023. Grantmaking activity was highest in 2022 with $963K distributed across 6 grants. Individual grants have ranged from $5K to $300K, with an average award of $127K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$177K
Average Grant
$161K
Largest Grant
$300K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Absher Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IL.
Absher Charitable Foundation Inc. has distributed a total of $2M across 16 grants. The median grant size is $96K, with an average of $127K. Individual grants have ranged from $5K to $300K.
Absher Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SCHOLORSHIP DEADLINE IS MARCH 15 AND DONATION DEADLINES ARE 6 WEEKS PRIOR TO WHEN FUNDS ARE NEEDED.. The scholorships are only for carmi and norris city school districts. Donations are only for white county, il.
Absher Charitable Foundation Inc. is headquartered in CARMI, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amber Carney | EXECUTIVE DIRECTOR | $50K | $0 | $50K |
| Nikki Roser | DIRECTOR | $0 | $0 | N/A |
| Timothy A Schuler | DIRECTOR | $0 | $0 | N/A |
| Al Fritschle | DIRECTOR | $0 | $0 | N/A |
Total Giving
$822K
Total Assets
$32.4M
Fair Market Value
$32.4M
Net Worth
$32.4M
Grants Paid
$623K
Contributions
N/A
Net Investment Income
$1.8M
Distribution Amount
$1.5M
Total: N/A
Total Grants
16
Total Giving
$2M
Average Grant
$127K
Median Grant
$96K
Unique Recipients
10
Most Common Grant
$300K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ScholarshipsTO PROVIDE SCHOLARSHIPS TO UNIVERSITIES FOR APPROVED STUDENTS. | Various, IL | $280K | 2023 |
| Carmi White County Cusd#5TO PROVIDE CHILDREN A RECOVERY AND SUMMER READING PROGRAM.TO UPDATE THE CURRICULUM SUBSCRIPTION. | Carmi, IL | $123K | 2023 |
| White County Ambulance ServiceTO PROVIDE A NEW POWER LOAD SYSTEM AND TWO AUTO PULSE SYSTEMS. | Carmi, IL | $111K | 2023 |
| Norris City-Omaha-Enfield Cusd #3TO PROVIDE A SOUND AND LIGHTING SYSTEM. | Norris City, IL | $58K | 2023 |
| Southeastern Illinois CollegeTO PROVIDE TO THE DUAL CREDIT PROGRAM. | Harrisburg, IL | $26K | 2023 |
| Carmi Fire DepartmentTO PROVIDE GEAR, HOSES, AND RADIOS. | Carmi, IL | $24K | 2023 |
| Ferrell Hospital Community FoundationTO BUILD A NEW CLINIC. | Eldorado, IL | $300K | 2022 |
| White County Ceo ProgramTO PROVIDE CHILDREN THE EXPERIENCE IN MAINTAINING THEIR OWN BUSINESS. | Carmi, IL | $5K | 2022 |
| Ncoe SchoolsTO PROVIDE ASSISTANCE FOR CHILDREN'S EDUCATION. | Norris City, IL | $65K | 2021 |
| Grayville Cusd#1TO PROVIDE CHILDREN WITH HOTSPOTS FOR REMOTE LEARNING. | Grayville, IL | $5K | 2021 |