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Ascension Is Free Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $2.8M. Annual income is reported at $636K. The foundation is governed by 1 officer or trustee. 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 2021 to 2023. According to available records, Ascension Is Free Foundation has made 4 grants totaling $82K, with a median grant of $23K. Individual grants have ranged from $12K to $25K, with an average award of $21K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
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.
Ascension Is Free Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in LA.
Ascension Is Free Foundation has distributed a total of $82K across 4 grants. The median grant size is $23K, with an average of $21K. Individual grants have ranged from $12K to $25K.
Ascension Is Free Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ascension Is Free Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Beryl S Smith | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$106K
Total Assets
$2.5M
Fair Market Value
$2.6M
Net Worth
$2.5M
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$426K
Distribution Amount
$110K
Total Grants
4
Total Giving
$82K
Average Grant
$21K
Median Grant
$23K
Unique Recipients
4
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Emerge Center IncBloom Program | Baton Rouge, LA | $25K | 2023 |
| Alzheimers Services Of The Capital AreaCharlie's Place in Ascension Parish Scholarship Fund, overhead expesnes and purchase of furniture/supplies | Baton Rouge, LA | $25K | 2023 |
| Capital Area Family Violence Battered Womens ProIRIS Domestic Violence Center for the children's program | Baton Rouge, LA | $20K | 2023 |
| Ascension Community Theater IncGeneral & Unrestricted | Gonzales, LA | $12K | 2023 |