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Asher Foundation EIN 82-0551097 Form 990 (PDF) Claim this org

Asher Foundation

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A private foundation based in Bal Harbour, FL. It reported about $300K in revenue for 2024. For fiscal year 2025 it reported $300K in revenue, $293K in expenses, and $25K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Bal Harbour, FL
Filings
5 on file (2021–2025)
Revenue
$300KFY2025
Expenses
$293K
Net assets
$25K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-0551097 Private foundation / grantmaker Bal Harbour, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Bal Harbour, FL. It reported about $300K in revenue for 2024.
Leadership
Alan Kestenbaum · Trustee
Money in and out
$300K revenue, $293K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$300K
Pt VIII · Ln 12
Total expenses
$293K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Total assets
25K
deployed as grants and operations
Grants paid
293K
in FY2025
Grants made
14grants
total in period
Payout rate
1169%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 14 grants · $293K · 2024–2024
Colel ChabadNY · FY2024$71,000
Chabad House Bowery INCNY · FY2024$50,000
Chabad House at Harvard SquareFY2024$50,000
Ramaz SchoolNY · FY2024$46,000
The University of Texas at AustinFY2024$25,000
Congregation Kehilath JeshurunNY · FY2024$20,950
Belev Echad INCNY · FY2024$7,200
Young Israel of Bal Harbor-AbbotFY2024$6,130
Chabad of Windsor Terrace INCNY · FY2024$5,000
American Friends of Tuscan Jewry INCNY · FY2024$5,000
Jewish Heritage for the BlindNY · FY2024$3,600
Harvard UniversityFY2024$2,000
Manhattan Eruv INCNY · FY2024$1,000
Pef Israel Endowment FundsincFY2024$500

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV9
Average grantPart XV$21K
Median grantPart XV$7K
Largest grantPart XV$71K
Top cause focusNTEEReligion (36%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$300K
FY2025▼ -21%
Expenses
$293K
FY2025▼ -27%
Total assets
$25K
FY2025▲ +37%
Total liabilities
$0
FY2025
Total revenue
$300K
Pt VIII · Ln 12
Total expenses
$293K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Total assetsPt II$25K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAsher Foundation
EINHdr · item D82-0551097
Principal addressHdr · item CBal Harbour, FL
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJan 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$300K
Investment income$224
Total revenueLn 12$300K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $1.00 Operating & administrative $0.00
Grants & contributions paid100%$293K
Operating & administrative$4
Total functional expensesLn 25$293K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$25K
Total liabilitiesLn 26$0
Total net assetsLn 32$25K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $25K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $300K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $300K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $300K · Prior year $380K
-21%
Revenue CAGR
FY2020 $250K · FY2024 $300K
+5%
Net-asset trend (YoY)
End of year $25K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $300K · Expenses $293K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $25K
—
Net-asset ratio
Net assets $25K · Total assets $25K
100%
People & payroll
Highest Reported Total Compensation
Individual Alan Kestenbaum · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $293K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -21%——

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

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$300K revenue · viewing · ⤓ 990 PDF
FY2024$380K revenue · ⤓ 990 PDF
FY2023$275K revenue · ⤓ 990 PDF
FY2022$500K revenue · ⤓ 990 PDF
FY2021$250K revenue · ⤓ 990 PDF

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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
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