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Ashcraft Trust Fund Two is a private trust based in TUSCALOOSA, AL. The foundation received its IRS ruling in 2019. The principal officer is Penelope Davis. It holds total assets of $211K. Annual income is reported at $31K. Total assets have grown from N/A in 2019 to $269K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Ashcraft Trust Fund Two has made 1 grants totaling $8K, with a median grant of $8K. Grant recipients are concentrated in Alabama. 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.
Ashcraft Trust Fund Two primarily funds organizations in the area of community development. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in AL.
Ashcraft Trust Fund Two has distributed a total of $8K across 1 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $8K to $8K.
Ashcraft Trust Fund Two typically selects its grantees rather than accepting unsolicited proposals.
Ashcraft Trust Fund Two is headquartered in TUSCALOOSA, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Penny Davis | DIRECTOR | $0 | $0 | N/A |
| Fred R Salvage | DIRECTOR | $0 | $0 | N/A |
| Melissa Davis | DIRECTOR | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$269K
Fair Market Value
$269K
Net Worth
$269K
Grants Paid
$14K
Contributions
$3K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$8K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
1
Most Common Grant
$8K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Town Of KennedyTO SUPPORT THE TOWN OF KENNEDY | Kennedy, AL | $8K | 2021 |
MOUNTAIN BRK, AL
FLORENCE, AL
PELL CITY, AL