Public Charity

ASBURY FOUNDATION FOR THEOLOGICAL EDUCATION INC

ASBURY FOUNDATION FOR THEOLOGICAL EDUCATION INC is a nonprofit organization categorized as Public Charity based in Wilmore, KY. Its most recent IRS filing (2025) reports revenue of $-994K, expenses of $5.3M, total assets of $2.0M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $732K.

EIN: 611164593 Wilmore, KY Latest filing: 2025
Total Revenue$-994K
Total Expenses$5.3M
Total Assets$2.0M
Grant Records1
Funding Total$732K
Filing Years2021–2025

Mission

Theological education fundraising for Asbury Theological Seminary operations support.

Where $100 goes at Asbury Foundation for Theological Education Inc

How Asbury Foundation for Theological Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Support for educational scholarships
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2023
Support the organization
$732,262

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Secretary Anna Jackson
Treasurer Bryan P Blankenship
President David Gyertson
Board Member Helen Rhea Stumbo
Vice President Jay Mansur
Board Member Sherree Funk

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$732,262 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $-994K $5.3M $2.0M
2024 $13.5M $6.3M $8.4M
2023 $1.0M $793K $1.2M
2022 — — —
2021 — — —

Between 2023 and 2025, reported annual revenue moved from $1.0M to $-994K, with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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