The Hg Ash Foundation

Tax-deductible

Houston, TX501(c)(3)Foundations & GrantmakersEIN 73-1614119Revenue $361K in FY2025

On file with the IRS14053 Memorial Drive Unit 243, 77079-6826 · Houston, TXTax-exempt since Jun 2002Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$120K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

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
1 of 6
filings with a surplus
Average deficit $119K a year · 35% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$120K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
990-PF Pt VIII
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% 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
$361K
-46% vs prior year
Spent
$496K
Net assets
$4.8M
By yearFY2020–FY2025
Revenue
$361K
FY2025▼ -46%
Tap a bar for its year
Revenue by fiscal year
FY2020$247K
FY2021$253K
FY2022$189K
FY2023$308K
FY2024$672K
FY2025$361K
Expenses
$496K
FY2025▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$448K
FY2021$492K
FY2022$457K
FY2023$423K
FY2024$428K
FY2025$496K
Net assets
$4.8M
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.3M
FY2021$5.5M
FY2022$4.4M
FY2023$4.5M
FY2024$4.6M
FY2025$4.8M

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 2002.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 52% · $257K Operating & administrative 48% · $239K

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; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
$120,000Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Stephen C Ash$120,000$120,000$120,000

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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Programs and updates

A private foundation based in Houston, TX.

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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 · 24 grants · $257K · 2025–2025
Hobby Center FoundationFY2025$56,000
12th Man FoundationFY2025$46,360
Memorial Drive United Methodist ChurchFY2025$35,000
Rotary Foundation of HoustonFY2025$17,000
Individual RecipientFY2025$15,000
Astros Golf FoundationFY2025$12,500
Spartan Booster ClubFY2025$10,750
Stoney Creek FoundationFY2025$10,000
Memorial Hermann FoundationFY2025$10,000
Texas A&m FoundationFY2025$7,500
CancareFY2025$7,500
Texas Children's HospitalFY2025$6,000
Individual RecipientFY2025$5,000
Greater Houston Community FoundationFY2025$4,000
Houston Tri Delta Philanthropies INCFY2025$4,000
Kappa Kappa Gamma FoundationFY2025$2,000
Foster's Outriders FoundationFY2025$1,500
232-HelpFY2025$1,500
See all 24 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$11K
Median grantPart XV$6K
Largest grantPart XV$56K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$361K
Investment income$359K
Other income$2K
Money out
$496K
Grants paid$257K
Running costs$239K
Owns and owes
$4.8M
net assets
Cash and savings$68K
Total assets$4.8M
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$359K
Other income$2K
Total revenue$361K
Assets in detailEnd of year
Cash and savings together$68K
Total assets$4.8M
Liabilities$0
Net assets$4.8M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $361K$496K−$135K$4.8M 990 PDF
FY2024 $672K$428K$243K$4.6M 990 PDF
FY2023 $308K$423K−$115K$4.5M 990 PDF
FY2022 $189K$457K−$269K$4.4M 990 PDF
FY2021 $253K$492K−$239K$5.5M 990 PDF
FY2020 $247K$448K−$201K$5.3M 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) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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