ASBURY FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ASBURY FOUNDATION INC (EIN 52-1862674)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202323179349301112
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-13T07:45:21-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1227 WEST TRADE STREET SUITE 800AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521862674EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASBURY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASBUBusinessNameControlTxt
Phone3012502100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVE 200AddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW JEANNERETPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3012502100PhoneNum
Signature2023-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANDREWPersonFirstNm
Person LastJEANNERETPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN NORMANPreparerPersonNm
PTINP01506766PTIN
Phone7049985200PhoneNum
Preparation2023-11-09PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJD SHUMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVE 200AddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,363,139GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEASBURYFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionSECURING CHARITABLE SUPPORT TO ENHANCE THE LIVES OF PERSONS SERVED BY ASBURY COMMUNITIES, INC. AND ITS SUPPORTED ORGANIZATIONS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,197,737PYContributionsGrantsAmt
CY Contributions Grants$9,780,753CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,251,933PYInvestmentIncomeAmt
CY Investment Income$1,826,556CYInvestmentIncomeAmt
PY Other Revenue$57,161PYOtherRevenueAmt
CY Other Revenue$6,389,031CYOtherRevenueAmt
PY Total Revenue$11,506,831PYTotalRevenueAmt
CY Total Revenue$17,996,340CYTotalRevenueAmt
PY Grants And Similar Paid$7,517,295PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,109,345CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$106,700PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,570,769CYTotalFundraisingExpenseAmt
PY Other Expenses$1,146,479PYOtherExpensesAmt
CY Other Expenses$2,486,409CYOtherExpensesAmt
PY Total Expenses$8,770,474PYTotalExpensesAmt
CY Total Expenses$7,595,754CYTotalExpensesAmt
PY Revenues Less Expenses$2,736,357PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,400,586CYRevenuesLessExpensesAmt
Total Assets BOY$52,948,136TotalAssetsBOYAmt
Total Assets EOY$49,696,688TotalAssetsEOYAmt
Total Liabilities BOY$22,093,600TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,552,266TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$30,854,536NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$35,144,422NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSECURING CHARITABLE SUPPORT TO ENHANCE THE LIVES OF PERSONS SERVED BY ASBURY COMMUNITIES, INC. AND ITS SUPPORTED ORGANIZATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,987,840ExpenseAmt
Grant$5,109,345GrantAmt
Revenue$0RevenueAmt
DescASBURY FOUNDATION SUPPORTS THE OVERALL CHARITABLE ACTIVITIES OF ASBURY ATLANTIC, INC., ASBURY, INC., ALBRIGHT CARE SERVICES, ASBURY COMMUNITIES HCBS, INC., AND ASBURY COMMUNITIES, INC. THROUGH ITS CHARITABLE FUNDRAISING EFFORTS. ASBURY FOUNDATION RAISES FUNDS TO HELP SUPPORT THE BENEVOLENT CARE PROGRAM FOR THE CONTINUING CARE RETIREMENT COMMUNITIES (CCRC'S) OWNED AND OPERATED BY THE SUPPORTED ENTITIES AND HOME CARE SERVICES WITHIN THE ASBURY COMMUNITIES, INC. SYSTEM. THE BENEVOLENT CARE PROVIDES CONFIDENTIAL FINANCIAL ASSISTANCE TO SENIORS BEING SERVED BY ASBURY, WHO, THROUGH NO FAULT OF THEIR OWN, HAVE OUTLIVED THEIR RESOURCES. IN ADDITION TO BENEVOLENT CARE, ASBURY FOUNDATION RAISES FUNDS FOR OTHER PROGRAMS THAT ENHANCE THE LIVES OF ASBURY RESIDENTS AND ASSOCIATES.Desc
Total Program Service Expenses$5,987,840TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANDREW JEANNERET CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3012502100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVE 200AddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CAROLYN STAMATAKIS
VICE CHAIR2.000.00Yes (X)Yes (X)$0$0$0
JD SHUMAN
PRESIDENT/CEO/EX-OFFICIO39.001.00Yes (X)Yes (X)$0$394,915$18,804
RICHARD STANG
DIRECTOR2.000.00Yes (X)$0$0$0
COREY BASEHORE
DIRECTOR2.000.00Yes (X)$0$0$0
BUD EDWARDS
DIRECTOR2.000.00Yes (X)$0$0$0
MARY ANNE MOREFIELD
DIRECTOR2.000.00Yes (X)$0$0$0
SARA TAPIERO
DIRECTOR2.000.00Yes (X)$0$0$0
LINDA WOODIN
DIRECTOR2.000.00Yes (X)$0$0$0
CYNTHIA MORDAUNT ROSBOROUGH
DIRECTOR (UNTIL FEB 2022)2.000.00Yes (X)$0$0$0
RICHARD DICK VERT
DIRECTOR2.000.00Yes (X)$0$0$0
ANDREW JOSEPH
SECRETARY1.0039.00Yes (X)$0$365,377$26,987
ANDREW JEANNERET
TREASURER1.0039.00Yes (X)$0$574,190$30,915
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,334,482TotReportableCompRltdOrgAmt
Total Other Compensation$76,706TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$256,531FundraisingAmt
All Other Contributions$9,524,222AllOtherContributionsAmt
Noncash Contributions$3,971,907NoncashContributionsAmt
Total Contributions$9,780,753TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$915,125TotalRevenueColumnAmt
Exclusion$915,125ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,233,143SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,321,712SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$911,431SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$911,431TotalRevenueColumnAmt
Exclusion$911,431ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$18,648FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$256,531ContriRptFundraisingEventAmt
Fundraising Direct Expenses$45,087FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$26,439TotalRevenueColumnAmt
Exclusion-$26,439ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescFOUNDATION ALLOCATIONDesc
Business900099BusinessCd
Total Revenue Column$6,415,470TotalRevenueColumnAmt
Exclusion$6,415,470ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$6,415,470OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,996,340TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,215,587ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,029,857TotalAmt
Program Services$5,029,857ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$79,488TotalAmt
Program Services$79,488ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$22,087TotalAmt
Management And General$22,087ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,298TotalAmt
Management And General$8,298ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,760TotalAmt
Management And General$6,760ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,447TotalAmt
Fundraising$2,447FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$46,099TotalAmt
Fundraising$46,099FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$44,753TotalAmt
Fundraising$44,753FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$26,099TotalAmt
Fundraising$26,099FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,660TotalAmt
Fundraising$10,660FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$15,364TotalAmt
Fundraising$15,364FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$552TotalAmt
Fundraising$552FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
TEMP RESTRICTION EXP.$1,285,985$1,285,985
SPECIAL PROGRAMS$878,495$878,495
BAD DEBT RECOVERY$86,081$86,081
CONSULTING$30,580$30,580

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$22,149TotalAmt
Fundraising$22,149FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,595,754TotalAmt
Program Services$5,987,840ProgramServicesAmt
Management And General$37,145ManagementAndGeneralAmt
Fundraising$1,570,769FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$79,364BOYAmt
EOY$119,358EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$650,359BOYAmt
EOY$807,667EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,485BOYAmt
EOY$76,143EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$210,380LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$87,565LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,329BOYAmt
EOY$122,815EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$43,076,657BOYAmt
EOY$37,884,356EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,097,942BOYAmt
EOY$10,686,349EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$52,948,136BOYAmt
EOY$49,696,688EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,385BOYAmt
EOY$169,841EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,436,946BOYAmt
EOY$3,754,831EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,653,269BOYAmt
EOY$10,627,594EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,093,600BOYAmt
EOY$14,552,266EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,854,536BOYAmt
EOY$35,144,422EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,854,536BOYAmt
EOY$35,144,422EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$52,948,136BOYAmt
EOY$49,696,688EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$10,400,586ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$6,415,470NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$304,770OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,208,666CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,638,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,886,777CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,197,737CurrentTaxYearMinus1YearAmt
Current Tax Year$9,780,753CurrentTaxYearAmt
Total$37,712,758TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,208,666CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,638,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,886,777CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,197,737CurrentTaxYearMinus1YearAmt
Current Tax Year$9,780,753CurrentTaxYearAmt
Total$37,712,758TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,630,095SubstantialContributorsTotAmt
Public Support Total170$33,082,663PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$495,683CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$747,820CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$943,104CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$765,257CurrentTaxYearMinus1YearAmt
Current Tax Year$915,125CurrentTaxYearAmt
Total$3,866,989TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$125CurrentTaxYearMinus4YearsAmt
Current Tax Year$6,163,891CurrentTaxYearAmt
Total$6,164,016TotalAmt
FieldValueIRS element (for citing)
Total Support$47,743,763TotalSupportAmt
Public Support CY1700.69290PublicSupportCY170Pct
Public Support PY1700.78000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$40,835,176BeginningYearBalanceAmt
Contributions$2,583,967ContributionsAmt
Investment Earnings Or Losses-$250,294InvestmentEarningsOrLossesAmt
End Year Balance$43,168,849EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,433,304BeginningYearBalanceAmt
Contributions$3,810,328ContributionsAmt
Investment Earnings Or Losses$591,544InvestmentEarningsOrLossesAmt
End Year Balance$40,835,176EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,089,473BeginningYearBalanceAmt
Contributions$6,876,182ContributionsAmt
Investment Earnings Or Losses-$532,351InvestmentEarningsOrLossesAmt
End Year Balance$36,433,304EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$29,680,552BeginningYearBalanceAmt
Contributions$720,068ContributionsAmt
Investment Earnings Or Losses-$311,147InvestmentEarningsOrLossesAmt
End Year Balance$30,089,473EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$27,983,251BeginningYearBalanceAmt
Contributions$1,987,478ContributionsAmt
Investment Earnings Or Losses-$290,177InvestmentEarningsOrLossesAmt
End Year Balance$29,680,552EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,461OtherCostOrOtherBasisAmt
Depreciation$41,461DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$168,919OtherCostOrOtherBasisAmt
Depreciation$46,104DepreciationAmt
Book Value$122,815BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$122,815TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD IN TRUST$2,871,521
PLEDGES RECEIVABLE$6,614,828
LAND INVESTMENTS$1,200,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,686,349TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO ACOMMDesc
Amt$10,627,594Amt
FieldValueIRS element (for citing)
Total Liability$10,627,594TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE BENEVOLENT CARE (FINANCIAL SUPPORT FOR RESIDENTS WHO HAVE EXHAUSTED THEIR RESOURCES) AND OTHER SPECIAL PROGRAMS AS RESTRICTED BY DONORS.
PART X, LINE 2:ASBURY FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED AS THERE ARE NO UNRELATED TRADES OR BUSINESSES. THE COMPANY HAS IMPLEMENTED PROCESSES TO ENSURE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISIONS. THIS INCLUDES AN INDEPENDENT REVIEW BY THE FOUNDATION BOARD EXECUTIVE COMMITTEE OF ALL COMPENSATION ARRANGEMENTS WITH DISQUALIFIED PERSONS AND THE IMPLEMENTATION OF A DETAILED CONFLICT-OF-INTEREST POLICY AND ANNUAL DISCLOSURE PROCESS FOR ALL DISQUALIFIED PERSONS. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MUST BE RECOGNIZED ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. THE COMPANY'S REASSESSMENT OF ITS TAX POSITIONS DID NOT HAVE A MATERIAL IMPACT ON THE COMPANY'S RESULTS OF OPERATIONS OR FINANCIAL POSITION. THE COMPANY'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CARING CLASSIC GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$201,905GrossReceiptsEvent1Amt
Charitable Contri Event1$183,257CharitableContriEvent1Amt
Gross Revenue Event1$18,648GrossRevenueEvent1Amt
Non Cash Prizes Event1$1,200NonCashPrizesEvent1Amt
Rent Facility Costs Event1$17,905RentFacilityCostsEvent1Amt
Food And Beverage Event1$10,620FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$5,178OtherDirectExpensesEvent1Amt
Event2MUSIC FOR THE MISSIONEvent2Nm
Gross Receipts Event2$52,240GrossReceiptsEvent2Amt
Charitable Contri Event2$52,240CharitableContriEvent2Amt
Food And Beverage Event2$4,138FoodAndBeverageEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$21,034GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$21,034CharitableContriOtherEventsAmt
Food And Beverage Other Events$6,046FoodAndBeverageOtherEventsAmt
Gross Receipts Total$275,179GrossReceiptsTotalAmt
Charitable Contributions Tot$256,531CharitableContributionsTotAmt
Gross Revenue Total Events$18,648GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$1,200NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$17,905RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$20,804FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$5,178OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$45,087DirectExpenseSummaryEventsAmt
Net Income Summary-$26,439NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ASBURY ATLANTIC INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703520607956501(C)(3)$4,019,012$0TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION.
ASBURY INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703620630670501(C)(3)$13,469$0TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION.
ALBRIGHT CARE SERVICES
5285 WESTVIEW DRIVE 200FREDERICKMD21703231887138501(C)(3)$997,376$0TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION.
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
AMV KEESE DINING SCHOLARSHIP12$24,000
AMV HEALTHCARE SCHOLARSHIP4$22,000
AS NURSING SCHOLARSHIP3$12,500
BV NURSING SCHOLARSHIP4$14,500

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART IIIFormAndLineReferenceDesc
ExplanationTHE BENEVOLENT CARE PROGRAM ENABLES SENIORS IN NEED OF FINANCIAL SUPPORT TO LIVE WITH PEACE OF MIND THAT THEY WILL NOT BE DISCHARGED FROM AN ASBURY COMMUNITY IF THEY OUTLIVE THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN. IN 2022, ASBURY FOUNDATION PROVIDED $3,774,022 IN BENEVOLENT CARE ASSISTANCE TO RESIDENTS IN THE ASBURY COMMUNITIES, INC. SYSTEM. ADDITIONALLY, $18,882,796 WAS PROVIDED IN UNREIMBURSED SERVICES TO THOSE SERVED IN SKILLED NURSING. THE FOUNDATION RAISED $1,790,949 IN 2022 TO OFFSET THE COST OF BENEVOLENT CARE AND UNREIMBURSED SERVICES PROVIDED TO RESIDENTS IN NEED. ASBURY FOUNDATION CONDUCTS CAPITAL CAMPAIGNS FOR RENOVATIONS OF BUILDINGS WHERE RESIDENT SERVICES ARE PROVIDED. IN 2022, ASBURY FOUNDATION RELEASED FROM RESTRICTION 341,621 IN SUPPORT TO HELP FUND SEVERAL PROJECTS. IN 2022, ASBURY FOUNDATION AWARDED $66,988 FOR SCHOLARSHIPS FOR 23 ASBURY ASSOCIATES. THE PRIMARY AREA OF SUPPORT WAS FOR ASSOCIATES PURSUING CAREERS IN HEALTH CARE. THESE SCHOLARSHIPS HELP ADDRESS A NATIONAL SHORTAGE IN QUALIFIED APPLICANTS FOR CAREERS IN HEALTH CARE. THE SCHOLARSHIPS EASE THE FINANCIAL BURDEN WORKING INDIVIDUALS FACE IN SPECIALIZED DEGREES OFTEN WHILE SUPPORTING FAMILIES. SCHOLARSHIPS ARE ALSO AWARDED TO ASSOCIATES PURSUING CAREERS OUTSIDE OF HEALTH CARE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANDREW JEANNERET
TREASURER$0$393,912$0$94,099$0$86,179$0$14,729$0$16,186$0$605,105$0$0
JD SHUMAN
PRESIDENT/CEO/EX-OFFICIO$0$296,614$0$59,752$0$38,549$0$5,038$0$13,766$0$413,719$0$0
ANDREW JOSEPH
SECRETARY$0$308,588$0$55,444$0$1,345$0$10,469$0$16,518$0$392,364$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE COMPENSATION OF THE ORGANIZATION'S CEO AND ALL PERSONS DEEMED POTENTIALLY DISQUALIFIED IS REVIEWED AND RECOMMENDED TO THE FOUNDATION BOARD.
PART I, LINE 4BTHE PRESIDENT/CEO, TREASURER, AND SECRETARY PARTICIPATE IN A 457(F) PLAN. THE PRESIDENT/CEO AND TREASURER RECEIVED DISTRIBUTIONS OF $38,235 AND $84,438, RESPECTIVELY, IN 2022. THERE WERE NO OTHER PLAN DISTRIBUTIONS.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution14ContributionCnt
Noncash Contributions Rpt F990$1,545,107NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$2,426,800NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4A, PROGRAM SERVICE DESCRIPTIONASBURY FOUNDATION, INC., IS A TAX-EXEMPT, 501(C)(3) CHARITABLE ORGANIZATION THAT SUPPORTS THE OVERALL CHARITABLE ACTIVITIES OF ASBURY ATLANTIC, INC., ASBURY INC., ASBURY COMMUNITIES, INC., AND ALBRIGHT CARE SERVICES. ASBURY FOUNDATION SECURES PHILANTHROPIC GIFTS THAT SUPPORT AND ENHANCE QUALITY OF LIFE FOR OLDER ADULTS SERVED BY THE ASBURY SYSTEM THROUGH BENEVOLENT CARE, NEW PROGRAMS AND SERVICES THAT PROMOTE RESIDENTS' WELL-BEING, AND SCHOLARSHIPS FOR ASBURY ASSOCIATES. IN 2022, PHILANTHROPIC GIFTS TO ASBURY FOUNDATION TOTALED MORE THAN $7.3 MILLION ACROSS THE ASBURY SYSTEM, INCLUDING APPROXIMATELY $1.8M IN BENEVOLENT CARE; $1.5M IN CAPITAL PROJECTS; MORE THAN $4.0 MILLION IN SPECIAL PROGRAMS AND ENDOWMENT FUNDS BENEFITTING THOSE WE SERVE, AND MORE THAN $800,000 IN ASSOCIATE SCHOLARSHIPS. ASBURY COMMUNITIES PROVIDES DEFINED BUSINESS, ADMINISTRATIVE, AND OPERATIONAL SUPPORT TO A SYSTEM OF 501(C)(3) TAX-EXEMPT, NOT-FOR-PROFIT SUPPORTED ORGANIZATIONS THAT PROVIDE RESIDENTIAL LIVING AND HEALTH CARE SERVICES TO THE AGED. BEYOND RESIDENTIAL HOUSING FOR THE AGED, THE SUPPORTED ORGANIZATIONS ALSO PROVIDE ASSISTED LIVING, SKILLED NURSING, LONG TERM CARE, PACE (LIFE) PROGRAMMING, REHABILITATION, PHARMACY, HOME HEALTH AND HOME CARE SERVICES PURSUANT TO THEIR RESPECTIVE NOT-FOR-PROFIT MISSIONS. THE ASBURY COMMUNITIES SYSTEM OF SENIOR LIVING AND HEALTH SERVICE PROVIDERS ORIGINATED WITH ASBURY METHODIST VILLAGE, WHICH WAS ORIGINALLY ESTABLISHED IN 1926 AS THE METHODIST HOME FOR ORPHANS AND THE AGED. ALTHOUGH NO LONGER FORMALLY AFFILIATED WITH THE UNITED METHODIST CHURCH, ASBURY COMMUNITIES REMAINS COMMITTED TO THE ETHICAL PRINCIPLES AND SPIRIT OF ITS HISTORICAL ROOTS. WE CARRY THOSE VALUES FORWARD IN OUR MISSION AND OUR GUIDING PRINCIPLE OF DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE. ASBURY COMMUNITIES AND ASBURY FOUNDATION ARE COMMITTED TO FULFILLING ASBURY'S MISSION AND TO BE A VALUED PARTNER IN THE REGIONS WHERE THEY OPERATE. WE ACCOMPLISH THIS IN THREE PRIMARY WAYS: -PROVIDING A BENEVOLENT CARE PROGRAM FOR ELIGIBLE RESIDENTS WHO OUTLIVE THEIR RESOURCES THROUGH NO FAULT OF THEIR OWN (SEE BELOW, 2022 BENEVOLENT CARE) -PROVIDING FUNDS FOR A WIDE RANGE OF PROJECTS ACROSS THE ASBURY SYSTEM, INCLUDING CAPITAL PROJECTS AND PROGRAMS AND SERVICES THAT BENEFIT RESIDENTS AND ASSOCIATES -SEEKING GRANT OPPORTUNITIES TO EXPAND OUR SERVICES TO THOSE LIVING AT AN ASBURY COMMUNITY OR RECEIVING SERVICES THROUGH ANOTHER ASBURY PROGRAM, SUCH AS ALBRIGHT LIFE SERVICES. TO DATE, ASBURY FOUNDATION HAS SECURED MORE THAN $800,000 IN SCHOLARSHIPS FUNDS, WITH MANY OF THOSE DOLLARS GOING TOWARD CAREER ADVANCEMENT IN THE NURSING AND HEALTHCARE FIELDS. THESE SCHOLARSHIPS HELP ADDRESS A NATIONAL SHORTAGE IN QUALIFIED APPLICANTS FOR CAREERS IN HEALTH CARE. THE SCHOLARSHIPS EASE THE FINANCIAL BURDEN WORKING INDIVIDUALS FACE IN SPECIALIZED DEGREES OFTEN WHILE SUPPORTING FAMILIES. ASBURY FOUNDATION ALSO CONDUCTS CAPITAL CAMPAIGNS FOR RENOVATIONS OF BUILDINGS WHERE RESIDENT SERVICES ARE PROVIDED. IN 2022, ASBURY FOUNDATION RELEASED FROM RESTRICTION $341,621 IN CAPITAL SUPPORT TO HELP FUND KEY PROJECTS AT THE COMMUNITIES IN THE ASBURY SYSTEM. SECTION I: BENEVOLENT CARE - 2022 BENEVOLENT CARE IS THE PAYMENT BY THE ORGANIZATION OF RESIDENTS' FEES, INCLUDING MONTHLY, AND ANCILLARY FEES, AND CERTAIN THIRD-PARTY EXPENSES, FOR RESIDENTS WHO HAVE EXHAUSTED THEIR ASSETS AND MEET ELIGIBILITY REQUIREMENTS FOR THE PROGRAM. BENEVOLENT CARE IS AT THE HEART OF ASBURY'S GUIDING PRINCIPLE TO DO ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE. IN 2022, MORE THAN $1.7 MILLION IN ANNUAL FUNDS AND UNRESTRICTED GIFTS WERE CONTRIBUTED TO HELP MEET IMMEDIATE BENEVOLENT CARE NEEDS FOR 77 COMMUNITY LIVING RESIDENTS: ASBURY METHODIST VILLAGE $2,114,549 ASBURY PLACE KINGSPORT $43,905 ASBURY PLACE MARYVILLE $32,388 ASBURY SOLOMONS $370,816 BETHANY VILLAGE $344,011 NORMANDIE RIDGE $462,321 RIVERWOODS $199,139 SPRINGHILL $206,893 TOTAL $3,774,022
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CAN ACT IN PLACE OF THE BOARD BETWEEN MEETINGS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER OF ASBURY FOUNDATION, INC. IS ASBURY COMMUNITIES, INC., A NON-PROFIT, NON-STOCK, MARYLAND CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11BASBURY COMMUNITIES, INC., THE SOLE MEMBER OF ASBURY FOUNDATION, INC., DELEGATES REVIEW OF THE FORM 990 TO ITS AUDIT, FINANCE, AND INVESTMENT COMMITTEE (AFIC) WHICH PERFORMED ITS REVIEW ON 10/25/23. ADDITIONALLY, THE ASBURY COMMUNITIES, INC. AND ASBURY FOUNDATION, INC. BOARD OF DIRECTORS WERE FORWARDED A COPY OF THE DRAFT 990 FOR REVIEW AND WERE PROVIDED A LINK TO A RECORDING OF THE AFIC MEETING IF MEMBERS CHOSE TO LISTEN TO THE MEETINGS AS THEY REVIEWED ANY OF THE FORM 990S. ALL DIRECTORS MAY POSE QUESTIONS OR ASK FOR CLARIFICATION FROM STAFF AND THE AFIC.
FORM 990, PART VI, SECTION B, LINE 12CTHE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPLIANCE OFFICER IS RESPONSIBLE FOR THE POLICY AND OVERSEES THE IMPLEMENTATION OF THE PROCESS. ALL THE ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM ARE SUBJECT TO THE POLICY. ANNUALLY, THE COMPLIANCE OFFICER CONDUCTS A COMPREHENSIVE CONFLICT DISCLOSURE PROCESS COVERING ALL MEMBERS OF THE GOVERNING BOARDS, SYSTEM WIDE COMMITTEES, AND INDIVIDUALS IN MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER, WHO HAD A DIRECT REPORTING LINE TO THE CHAIR OF THE GOVERNANCE AND NOMINATIONS COMMITTEE AND REPORTS QUARTERLY TO THE GOVERNANCE AND NOMINATIONS COMMITTEE, ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL CONFLICTS, AND PREPARES A REPORT FOR THE SYSTEM-WIDE GOVERNANCE AND NOMINATIONS COMMITTEE. A REPORT WAS MADE TO THE BOARD THAT THERE WERE NO CONFLICTS DURING 2022. WHEN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES INVOLVING A BOARD OR COMMITTEE MEMBER, THE GOVERNANCE AND NOMINATIONS COMMITTEE IS INFORMED AND WILL FOLLOW SPECIFIC PROTOCOL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES.
FORM 990, PART VI, SECTION B, LINE 15THE FOUNDATION BOARD EXECUTIVE COMMITTEE REVIEWS THE ORGANIZATION'S PROGRESS TOWARDS KEY PERFORMANCE INDICATORS SELECTED FOR INCENTIVIZING PERFORMANCE OF DISQUALIFIED PERSONS THROUGH A PERFORMANCE BASED-COMPENSATION PROGRAM. ON AN ANNUAL BASIS, THE FOUNDATION BOARD EXECUTIVE COMMITTEE SPECIFICALLY REVIEWS THE COMPENSATION AND BENEFITS OF THE CEO USING THE DATA GATHERED BY STAFF IN ORDER TO SUPPORT THEIR DECISION MAKING PROCESS REGARDING THE FOUNDATION CEO'S COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE WEBSITE. GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION ATHE OFFICERS THAT HAVE COMPENSATION FROM RELATED ORGANIZATIONS REPORTED IN PART VII, SECTION A, COLUMN E OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO ASBURY FOUNDATION, INC. AS WELL AS THE OTHER RELATED AND SUPPORTED ORGANIZATIONS OF ASBURY COMMUNITIES, INC. THERE ARE OVER 2,300 TOTAL EMPLOYEES IN THE ASBURY COMMUNITIES, INC. SYSTEM. THE 2022 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES IN EXCESS OF $249 MILLION AND TOTAL ASSETS IN EXCESS OF $673 MILLION.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF DEFERRED GIVING ARRANGEMENTS 619,952. FUNDRAISING LOSS 26,439. TRANSFERS TO ACOMM -341,621.
FORM 990, PART XII, LINE 2CTHERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ASBURY ATLANTIC INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703520607956HOUSING AND HEALTHCARE FOR OLDER ADULTSMD501(C)(3)LINE 10ASBURY COMMUNITIES INC0
ASBURY COMMUNITIES INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703521862677SUPPORT SERVICESMD501(C)(3)LINE 12C, III-FI0
AFFILIATED ASSOCIATES INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703510426078EMPLOYEE PAYMASTER COMPANYMD501(C)(3)LINE 12C, III-FIASBURY COMMUNITIES INC0
ASBURY COMMUNITIES HCBS INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703450634490HOME CARE FOR OLDER ADULTSMD501(C)(3)LINE 10ASBURY COMMUNITIES INC0
ASBURY INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703620630670HOUSING AND HEALTHCARE FOR OLDER ADULTSTN501(C)(3)LINE 10ASBURY COMMUNITIES INC0
BETHANY DEVELOPMENT CORPORATION
335 WESLEY DRIVEMECHANICSBURGPA17055232078064HOUSING FOR OLDER ADULTSPA501(C)(3)LINE 10ASBURY COMMUNITIES INC0
ALBRIGHT CARE SERVICES
5285 WESTVIEW DRIVE 200FREDERICKMD21703231887138HOUSING, HEALTHCARE, AND AT-HOME SERVICES FOR OLDER ADULTSPA501(C)(3)LINE 10ASBURY COMMUNITIES INC0
WARRIOR RUN MANOR
5285 WESTVIEW DRIVE 200FREDERICKMD21703232137458HOUSING FOR OLDER ADULTSPA501(C)(3)LINE 10ALBRIGHT CARE SERVICES0
FOREST RIDGE MANOR
910 WILDER CHAPEL LANEMARYVILLETN37804201885811HOUSING FOR OLDER ADULTSTN501(C)(3)LINE 12A, IASBURY INC0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
THE ASBURY GROUP INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703205038820TECH & SUPPORT SERVICESDEC0
THRIVEWELL TECH LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703262896175INFOR & CNSLT SVCSDEC0
5285 WESTVIEW DRIVE ONE LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703881212545INFO. TECH. RESELLER AND IMPLEMENTATIN PARTNERMDC0THE ASBURY GROUP INC
1569 TEELS ROAD LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703871564257OPERATE A PERSONAL CARE HOME AND SENIOR LIVING COMMUNITYPAC0THE ASBURY GROUP INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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