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The Ashurst-Lane Family Foundation is a private trust based in MONTGOMERY, AL. The foundation received its IRS ruling in 2001. The principal officer is James A Lane. It holds total assets of $1M. Annual income is reported at $9.7M. Total assets have grown from $207K in 2011 to $881K in 2023. The foundation is governed by 2 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. According to available records, The Ashurst-Lane Family Foundation has made 11 grants totaling $149K, with a median grant of $3K. Annual giving has grown from $32K in 2021 to $53K in 2023. Grantmaking activity was highest in 2022 with $65K distributed across 6 grants. Individual grants have ranged from $3K to $50K, with an average award of $14K. The foundation has supported 3 unique organizations. 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.
The Ashurst-Lane Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in AL.
The Ashurst-Lane Family Foundation has distributed a total of $149K across 11 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $3K to $50K.
The Ashurst-Lane Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Ashurst-Lane Family Foundation is headquartered in MONTGOMERY, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jamie Lee Ashurst | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Winston Mccain Ashurst | SECRETARY-TREASURER/TRUSTE | $0 | $0 | N/A |
Total Giving
$60K
Total Assets
$881K
Fair Market Value
$911K
Net Worth
$879K
Grants Paid
$53K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$47K
Total Grants
11
Total Giving
$149K
Average Grant
$14K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys And Girls ClubPROVIDE FACILITIES, PROGRAMS, AND LEADERSHIP THAT MOTIVATE ALL YOUTH TO REACH THEIR FULL POTENTIAL | Huntsville, AL | $50K | 2023 |
| First Choice Women'S Medical CenterTO REACH THE ABORTION-VULNERABLE MEMBERS OF OUR COMMUNITY | Montgomery, AL | $3K | 2023 |
| ManePROVIDE THERAPEUTIC HORSEBACK RIDING OPPORTUNITIES TO PEOPLE WITH DISABILITIES | Pike Road, AL | $3K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL