The Asen Foundation C/O R Scott Asen FY2021 filing

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 20-7361210

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $119K a year · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24K
-92% vs prior year
Spent
$167K
Net assets
$739K
By yearFY2020–FY2025
Revenue
$24K
FY2021▼ -92%
Revenue by fiscal year
FY2020$282K
FY2021$24K
FY2022$23K
FY2023$95K
FY2024$87K
FY2025−$522K
Expenses
$167K
FY2021▼ -14%
Expenses by fiscal year
FY2020$195K
FY2021$167K
FY2022$161K
FY2023$65K
FY2024$43K
FY2025$74K
Net assets
$739K
FY2021▼ -16%
Net assets by fiscal year
FY2020$882K
FY2021$739K
FY2022$601K
FY2023$631K
FY2024$675K
FY2025$79K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 96% · $160K Operating & administrative 4% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See The Asen Foundation C/O R Scott Asen executive salaries →

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Programs and updates

A private foundation based in New York, NY.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 16 grants · $69K · 2025–2025
Ljmn Media INCFY2025$25,000
Big Life Foundation USAFY2025$10,000
World Science FoundationFY2025$10,000
Orkeeswa INCFY2025$5,250
Louis Armstrong House MuseumFY2025$5,000
Housatonic Valley AssociationFY2025$5,000
Canaan Community TrustFY2025$2,000
The Canaan Foundation INCFY2025$2,000
Robert Louis Stevenson SchoolFY2025$1,000
Individual RecipientFY2025$1,000
Northwest CT Community FoundationFY2025$1,000
Great Mountain Forest CorpFY2025$1,000
Target Margin TheaterFY2025$500
Project SageFY2025$300
The Norfolk LibraryFY2025$250
Individual RecipientFY2025$100

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$4K
Median grantPart XV$2K
Largest grantPart XV$25K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$24K
Investment income$24K
Money out
$167K
Grants paid$160K
Running costs$7K
Owns and owes
$739K
net assets
Cash and savings$98K
Total assets$740K
Liabilities$1K
People
1
listed
Paid0
2In more detail
Revenue in detail
Investment income$24K
Total revenue$24K
Assets in detailEnd of year
Cash and savings together$98K
Total assets$740K
Liabilities$1K
Net assets$739K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest −$522K$74K−$596K$79K 990 PDF
FY2024 $87K$43K$44K$675K 990 PDF
FY2023 $95K$65K$30K$631K 990 PDF
FY2022 $23K$161K−$138K$601K 990 PDF
FY2021 Viewing $24K$167K−$143K$739K 990 PDF
FY2020 $282K$195K$87K$882K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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