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Asco Foundation is a private trust based in LUBBOCK, TX. The foundation received its IRS ruling in 2012. It holds total assets of $30.2M. Annual income is reported at $4.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Asco Foundation has made 58 grants totaling $3.1M, with a median grant of $7K. Annual giving has grown from $70K in 2020 to $3M in 2022. Individual grants have ranged from $500 to $1M, with an average award of $53K. The foundation has supported 30 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Asco Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in TX.
Asco Foundation has distributed a total of $3.1M across 58 grants. The median grant size is $7K, with an average of $53K. Individual grants have ranged from $500 to $1M.
ONLY ORGANIUZATIONS THAT QUALIFY AS EXEMPT IN SEC 170(B) (1) (A).
Asco Foundation is headquartered in LUBBOCK, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wb Brax Wright | TRUSTEE | $0 | $0 | $0 |
| Paula Wright Key | TRUSTEE | $0 | $0 | $0 |
| John Stephen Wright | TRUSTEE | $0 | $0 | $0 |
Total Giving
$791K
Total Assets
$26.9M
Fair Market Value
$28.1M
Net Worth
$26.9M
Grants Paid
$789K
Contributions
$10M
Net Investment Income
$12K
Distribution Amount
$1.4M
Total: $0
Total Grants
58
Total Giving
$3.1M
Average Grant
$53K
Median Grant
$7K
Unique Recipients
30
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kids IncGENERAL PURPOSE | Amarillo, TX | $28K | 2022 |
| Md Anderson Cancer CenterGENERAL PURPOSE | Houston, TX | $1M | 2022 |
| The Garth HouseGENERAL PURPOSE | Beaumont, TX | $120K | 2022 |
| The Good HoodGENERAL PURPOSE | San Antonio, TX | $88K | 2022 |
| Casa Of The South PlainsGENERAL PURPOSE | Lubbock, TX | $63K |
Other foundations that have funded Asco Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Susan & Teresa Schwab Ovarian Cancer Research Foundation Inc. | $300K | 2023 | STUDY OF SEROUS OVARIAN CANCER |
| Eisai Usa Foundation Inc. | $75K | 2023 | To support Heath Equity Project |
| Eisai Usa Foundation Inc. | $75K | 2023 | To support Heath Equity Project |
| New Rhein Foundation | $58K | 2023 | Scientific research award |
| 2022 |
| Encouragement Media GroupGENERAL PURPOSE | Tyler, TX | $32K | 2022 |
| Adams Angels MinistriesGENERAL PURPOSE | Brenham, TX | $31K | 2022 |
| Bacfs IncGENERAL PURPOSE | Belton, TX | $22K | 2022 |
| Operation Support A HeroGENERAL PURPOSE | Granbury, TX | $22K | 2022 |
| West Texas Football ClassicGENERAL PURPOSE | Lubbock, TX | $20K | 2022 |
| Camp Hope (Ptsd Foundation Of AmeriGENERAL PURPOSE | Houston, TX | $18K | 2022 |
| Covenant Hospital FoundationGENERAL PURPOSE | Lubbock, TX | $10K | 2022 |
| West Texas Food BankGENERAL PURPOSE | Odessa, TX | $10K | 2022 |
| Back The Badge San AngeloGENERAL PURPOSE | San Angelo, TX | $6K | 2022 |
| K9s 4 CopsGENERAL PURPOSE | College Station, TX | $6K | 2022 |
| High Point VillageGENERAL PURPOSE | Lubbock, TX | $6K | 2022 |
| Lubbock Women'S ClubGENERAL PURPOSE | Lubbock, TX | $5K | 2022 |
| All Saints SchoolGENERAL PURPOSE | Lubbock, TX | $5K | 2022 |
| Fibermax Center For DiscoveryGENERAL PURPOSE | Lubbock, TX | $3K | 2022 |
| Shallowater Education FoundationGENERAL PURPOSE | Shallowater, TX | $3K | 2022 |
| Lubbock Isd FoundationGENERAL PURPOSE | Lubbock, TX | $3K | 2022 |
| Community Partners Of LubbockGENERAL PURPOSE | Lubbock, TX | $3K | 2022 |
| Metropolitan Rotary ClubGENERAL PURPOSE | Lubbock, TX | $500 | 2022 |
| Laura W Bush Institute For Womens HGENERAL PURPOSE | Amarillo, TX | $15K | 2020 |
| High Plains Food BankGENERAL PURPOSE | Amarillo, TX | $8K | 2020 |
| Belton Christian Youth CenterGENERAL PURPOSE | Belton, TX | $7K | 2020 |
| Snack Pak For KidsGENERAL PURPOSE | Amarillo, TX | $7K | 2020 |
| Boy Scouts Of AmericaGENERAL PURPOSE | Lubbock, TX | $6K | 2020 |
| Agc Of Tecas ScholarshipGENERAL PURPOSE | Austin, TX | $5K | 2020 |
| Bayer Museum Of AgricultureGENERAL PURPOSE | Lubbock, TX | $1K | 2020 |
| Edward T Cone Foundation |
| $20K |
| 2023 |
| Operating Expenses |
| The Richard And Natalie Jacoff Foundation Inc. | $17K | 2023 | Operations |
| Aaron Copland Fund For Music Inc. | $7K | 2023 | ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC |
| S&C Blatteis Foundation | $1K | 2023 | UNRESTRICTED |
| Jacobs Family Foundation Inc. | $250 | 2023 | OPERATING EXPENDITURE |
| Mutual Of America Foundation | $35 | 2023 | GENERAL OPERATING PURPOSE |
| R & D Impact Foundation | $709K | 2022 | GENERAL |
| R & D Impact Foundation | $709K | 2022 | GENERAL |
| Appleman Foundation Inc. | $20K | 2022 | GENERAL CHARITABLE & EDUCATIONAL PURPOSES |
| Edward T Cone Foundation | $20K | 2022 | Operating Expenses |
| Appleman Foundation Inc. | $20K | 2022 | GENERAL CHARITABLE & EDUCATIONAL PURPOSES |
| Cooper Matthews Foundation | $20K | 2022 | OPERATIONAL SUPPORT |
| Helen Frankenthaler Foundation Inc. | $18K | 2022 | SUPPORT FOR 2023 BOGLIASCO FOUNDATION FELLOWSHIP |
| Douglas B Marshall Jr Family Foundation | $10K | 2022 | General support |
| The Richard And Natalie Jacoff Foundation Inc. | $10K | 2022 | Operations |
| The Richard And Natalie Jacoff Foundation Inc. | $10K | 2022 | Operations |
| Aaron Copland Fund For Music Inc. | $7K | 2022 | SUPPLEMENTAL GRANT |
| Setton Foundation | $500 | 2022 | CHARITABLE |
| Setton Foundation | $500 | 2022 | CHARITABLE |
| Jacobs Family Foundation Inc. | $250 | 2022 | OPERATING EXPENDITURE |
| Jacobs Family Foundation Inc. | $250 | 2022 | OPERATING EXPENDITURE |
| Pfizer Foundation Inc. | $50 | 2022 | MATCHING GIFTS |
| Jordan Bernstein Foundation | $50 | 2022 | General purposes |
| Pfizer Foundation Inc. | $50 | 2022 | MATCHING GIFTS |
| Jordan Bernstein Foundation | $50 | 2022 | General purposes |
| Appleman Foundation Inc. | $25K | 2021 | GENERAL CHARITABLE & EDUCATIONAL PURPOSES |
| Arhtur F And Alice E Adams Foundation | $22K | 2021 | GENERAL OPERATING |
| The Richard And Natalie Jacoff Foundation Inc. | $10K | 2021 | Operations |
| Richard H Yearick Foundation | $5K | 2021 | MEDICAL RESEARCH |
| Aaron Copland Fund For Music Inc. | $5K | 2021 | SUPPLEMENTAL GRANT |
| Stephanie And Blake Selig Foundation Inc. | $200 | 2021 | GENERAL |
| Michelson Foundation | $35K | 2020 | UNRESTRICTED |
| The Richard And Natalie Jacoff Foundation Inc. | $10K | 2020 | Operations |
| Appleman Foundation Inc. | $10K | 2020 | GENERAL CHARITABLE & EDUCATIONAL PURPOSES |
| Aaron Copland Fund For Music Inc. | $7K | 2020 | SUPPLEMENTAL GRANT |
| Neu Foundation Of California Inc. | $1K | 2020 | general support |
| Arthur J Gallagher Foundation | $1K | 2020 | GENERAL EXEMPT PURPOSE |
HOUSTON, TX
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