Ashley Hall Foundation

Tax-deductible

Charleston, SC501(c)(3)Since 1949EducationEIN 57-0314364

A private school for girls for students in kindergarten through grade 12 with a co-educational pre-k program.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 315 volunteers and 344 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: 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
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $619K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 5% of spending
Top officer’s pay higher than 84% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
18
named funders · $4.2M
Looks good: 18 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$38.6M
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$31.5M
+30% vs prior year
Spent
$26.7M
To programs
81%
Net assets
$33.0M
By yearFY2020–FY2025
Revenue
$31.5M
FY2025▲ +30%
Revenue by fiscal year
FY2020$19.8M
FY2021$19.0M
FY2022$21.1M
FY2023$27.1M
FY2024$24.3M
FY2025$31.5M
Expenses
$26.7M
FY2025▲ +2%
Expenses by fiscal year
FY2020$19.9M
FY2021$19.6M
FY2022$22.5M
FY2023$24.2M
FY2024$26.1M
FY2025$26.7M
Net assets
$33.0M
FY2025▲ +21%
Net assets by fiscal year
FY2020$25.5M
FY2021$26.3M
FY2022$23.5M
FY2023$28.7M
FY2024$27.3M
FY2025$33.0M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CAshley Hall Foundation
EINHdr · item D57-0314364
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1950
Year of formationHdr · item L1949
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCharleston, SC
NTEE classificationIRS BMFEducation (B200)
WebsiteHdr · item Jwww.ashleyhall.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.16 Fundraising $0.03
Program services81%$21.7M
Management & general16%$4.2M
Fundraising3%$809K
Total functional expensesLn 25$26.7M

Finances

Money in and out, what it owns and owes

Spent on programs
81%
of spending reaches programs▼ -0.5% vs prior filing year
Months of spending covered by cash
9.7mo
months of spending covered by cash and easy-to-sell investments▲ +76% vs prior filing year
Surplus or deficit
+15%
as % of revenue, this year▲ +299% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$71.6M
FY2025▲ +11%
Total assets by fiscal year
FY2020$49.8M
FY2021$53.6M
FY2022$54.8M
FY2023$55.3M
FY2024$64.4M
FY2025$71.6M
Total liabilities
$38.6M
FY2025▲ +4%
Total liabilities by fiscal year
FY2020$24.3M
FY2021$27.3M
FY2022$31.3M
FY2023$26.6M
FY2024$37.1M
FY2025$38.6M
Revenue less expensesPt I · Ln 19$4.8M
Total assetsPt X · Ln 16$71.6M
Spent on programsPt IX · col B81%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$71.6M
Total liabilitiesLn 26$38.6M
Total net assetsLn 32$33.0M
Months of cash on handcomputed0.9

Statement of Revenue

Part VIII
Program service revenue$23.3M · 74%
Contributions & grants$7.4M · 23%
Investment income$794K · 3%
Program service revenue74%$23.3M
Contributions & grants23%$7.4M
Investment income3%$794K
Other revenue$65K
— government grantsLn 1e$90K
Total revenueLn 12$31.5M

Money in detail

Form 990 · FY2025 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $21.2M · Operating expenses (Pt IX) $26.7M · Less non-cash grants $523K · Cash operating expenses/yr $26.2M
9.7 months
Where the money goes
Program services
Program services $21.7M · Total expenses $26.7M
81%
Management & General
Management & general $4.2M · Total expenses $26.7M
16%
Fundraising
Fundraising $809K · Total expenses $26.7M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $885K · Solicited contributions (3-yr avg) $4.1M
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $7.4M · Total revenue $31.5M
23%
Government reliance
Government grants $90K · Total revenue $31.5M
0.3%
Earned-income share
Program service revenue $23.3M · Total revenue $31.5M
74%
Investment reliance
Investment income $794K · Total revenue $31.5M
+3%
Program self-sufficiency
Program service revenue $23.3M · Total expenses $26.7M
87%
Growth & trend
Revenue change from last year
This year $31.5M · Prior year $24.3M
+30%
Revenue, average yearly change over 5 years
FY2019 $19.8M · FY2024 $31.5M
+10%
Net assets change over the year
End of year $33.0M · Beginning of year $27.3M
+21%
Balance sheet
Surplus or deficit, as % of revenue
Revenue $31.5M · Expenses $26.7M
+15%
Debts compared to what it owns
Total liabilities $38.6M · Total assets $71.6M
54%
Net assets compared to what it owns
Net assets $33.0M · Total assets $71.6M
46%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $19.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $71.6M
27%
People & payroll
Highest Reported Total Compensation
Individual Anne Weston · Reported title HEAD OF SCHOOL · Highest reported compensation $442K · Total expenses $26.7M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16.8M · Total expenses $26.7M
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 81%——
Spent on management, % of spending 16%——
Fundraising cost, % of gifts 11%——
Revenue growth 30%——
Investment manager fees, % of assets <0.01%——
Legal fees, % of spending 0.1%——
Accounting fees, % of spending 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of School
$441,590Pt VII · Sec A
Chief Financial Officer (thru 01/25)
$238,721Pt VII · Sec A
Asst. Hos for Teaching and Learning
$163,679Pt VII · Sec A
Assistant Hos for Student Affairs
$155,469Pt VII · Sec A
Dir. of Institutional Advancement
$134,217Pt VII · Sec A
Upper School Director
$132,780Pt VII · Sec A
Athletic Director
$127,739Pt VII · Sec A
Member-At-Large
$0Pt VII · Sec A

Anne Weston’s $442K as Head of School is at the 84th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jill S Muti——$550,897$472,835$459,180$460,309
Anne Weston$441,590$434,750$327,559$169,305$169,352$170,642
Palmer Ball$238,721$84,915————
Mark D Semo—————$226,129
Matthew D Semo——$180,363$164,404$137,500—
Naa-Adei Kotey$163,679$157,254————
Cintra Horn$155,469$154,769————
Sara Stephenson—$150,944$140,159———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 19Voting board membersPt VI · Ln 1a
  • 19Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates girls K-12 and co-ed preschoolers in a private school setting.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $21.7M of program spending, described in the organization's own filed words · FY2024.
01

Education provided to kindergarten through 12TH grade students, after school and summer programs for the students as well as early childhood programs for younger children. Ashley hall's curricula, instructional methods, co-curricular programs, and facilities are designed to foster the minds and characters of all students at every stage…

$21.7Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 18 funders →
Grants paid · 4 grants · $9.8M · 2021–2022
Unitemized GrantFY2022$2,391,170
Unitemized GrantFY2021$2,454,906
Unitemized GrantFY2021$2,454,906
Unitemized GrantFY2021$2,454,906

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $31.5M$26.7M+30% 990 PDF
FY2024 $24.3M$26.1M-10% 990 PDF
FY2023 $27.1M$24.2M+28% 990 PDF
FY2022 $21.1M$22.5M+11% 990 PDF
FY2021 $19.0M$19.6M-4% 990 PDF
FY2020 $19.8M$19.9M 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

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $31,529,060 across 11 lines filed
Lines not itemized here account for $13,214 of total revenue; see the IRS return.
VIII-1c Fundraising events$28,891
VIII-1e Government grants$90,000
VIII-1f All other contributions, gifts and grants$7,260,889
VIII-1g Noncash contributions (included above)$523,031
VIII-1h Total contributions, gifts and grants$7,379,780
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,290,847$23,290,847
VIII-3 Investment incomeExcluded from tax $794,536$794,536
VIII-6 Net rental income or lossExcluded from tax $44,044$44,044
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$836−$836
VIII-8 Net income from fundraising eventsExcluded from tax $7,475$7,475
VIII-12 Total revenueRelated to mission $23,304,061 · Unrelated business $0 · Excluded from tax $845,219$31,529,060
Part IX · Statement of functional expenses $26,719,433 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $2,061,584$2,061,584
IX-5 Pay of current officers, directors and key staffPrograms $85,379 · Management $725,720 · Fundraising $42,690$853,789
IX-7 Other salaries and wagesPrograms $10,556,045 · Management $1,755,339 · Fundraising $364,567$12,675,951
IX-8 Pension plan contributionsPrograms $463,073 · Management $59,042 · Fundraising $14,989$537,104
IX-9 Other employee benefitsPrograms $1,429,892 · Management $315,837 · Fundraising $53,743$1,799,472
IX-10 Payroll taxesPrograms $746,794 · Management $170,155 · Fundraising $28,360$945,309
IX-11b Legal feesPrograms $19,558 · Management $19,558$39,116
IX-11c Accounting feesPrograms $33,522 · Management $33,522$67,044
IX-11f Investment management feesManagement $5,929$5,929
IX-11g Other fees for servicesPrograms $3,460 · Management $33,043 · Fundraising $265,584$302,087
IX-13 Office expensesPrograms $298,245 · Management $298,245$596,490
IX-14 Information technologyPrograms $186,959 · Management $55,192 · Fundraising $1,515$243,666
IX-16 OccupancyPrograms $1,114,477 · Management $71,901 · Fundraising $11,984$1,198,362
IX-19 Conferences, conventions and meetingsPrograms $32,940 · Management $32,940$65,880
IX-20 InterestPrograms $778,179 · Management $50,197 · Fundraising $8,368$836,744
IX-22 Depreciation, depletion and amortizationPrograms $1,630,842 · Management $105,215 · Fundraising $17,536$1,753,593
IX-23 InsurancePrograms $333,236 · Management $333,236$666,472
IX-24 Other expenses (24a–d)Programs $1,918,817 · Management $152,024$2,070,841
IX-25 Total functional expensesPrograms $21,693,002 · Management $4,217,095 · Fundraising $809,336$26,719,433
Part X · Balance sheet $71,572,391 assets, 18 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,143,206$2,046,446
X-3 Pledges and grants receivableStart of year $183,545$508,514
X-4 Accounts receivableStart of year $178,607$500
X-8 Inventories for sale or use$10,026
X-9 Prepaid expenses and deferred chargesStart of year $267,936$330,039
X-10c Land, buildings and equipment, netStart of year $38,655,381$37,514,002
X-11 Publicly traded securitiesStart of year $10,824,037$19,198,206
X-15 Other assetsStart of year $13,131,017$11,964,658
X-16 Total assetsStart of year $64,383,729$71,572,391
X-17 Accounts payable and accrued expensesStart of year $852,085$1,004,405
X-19 Deferred revenueStart of year $8,353,669$9,371,532
X-20 Tax-exempt bond liabilitiesStart of year $12,985,446$12,312,946
X-25 Other liabilitiesStart of year $10,968,444$11,966,999
X-26 Total liabilitiesStart of year $37,059,644$38,555,882
X-27 Net assets without donor restrictionsStart of year $20,767,498$21,148,685
X-28 Net assets with donor restrictionsStart of year $6,556,587$11,867,824
X-32 Total net assets or fund balancesStart of year $27,324,085$33,016,509
X-33 Total liabilities and net assetsStart of year $64,383,729$71,572,391
Part XI · Reconciliation of net assets $33,016,509 net assets at year end
XI-1 Total revenue$31,529,060
XI-2 Total expenses$26,719,433
XI-3 Revenue less expenses$4,809,627
XI-4 Net assets at start of year$27,324,085
XI-5 Net unrealized gains (losses) on investments$882,797
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$33,016,509

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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