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

Before you give

FY2025 · 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
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$522K
-704% vs prior year
Spent
$74K
Net assets
$79K
By yearFY2020–FY2025
Revenue
−$522K
FY2025▼ -704%
Tap a bar for its year
Revenue by fiscal year
FY2020$282K
FY2021$24K
FY2022$23K
FY2023$95K
FY2024$87K
FY2025−$522K
Expenses
$74K
FY2025▲ +73%
Tap a bar for its year
Expenses by fiscal year
FY2020$195K
FY2021$167K
FY2022$161K
FY2023$65K
FY2024$43K
FY2025$74K
Net assets
$79K
FY2025▼ -88%
Tap a bar for its year
Net assets by fiscal year
FY2020$882K
FY2021$739K
FY2022$601K
FY2023$631K
FY2024$675K
FY2025$79K

From the FY2025 Form 990 · see the original

990 PDF Claim

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 94% · $69K Operating & administrative 6% · $4K

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

Something off? Claim to add context

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 executive salaries →

On this list? Claim this org

Something off? Claim to add context

Programs and updates

A private foundation based in New York, NY.

Questions for The Asen Foundation

Tap to ask. The Asen Foundation sees how many people are interested.

Your first name shows with your question. The Asen Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

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 FY2025 990-PF, line by line.

1The main four
Money in
−$522K
Money out
$74K
Grants paid$69K
Running costs$4K
Owns and owes
$79K
net assets
Cash and savings$81K
Total assets$81K
Liabilities$1K
People
1
listed
Paid0
2In more detail
Revenue in detail
Total revenue−$522K
Assets in detailEnd of year
Cash and savings together$81K
Total assets$81K
Liabilities$1K
Net assets$79K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing −$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 $24K$167K−$143K$739K 990 PDF
FY2020 $282K$195K$87K$882K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.