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Nonprofiteer
← THE AUSHERMAN FAMILY TRUST

Form 990 for tax year 2023

Filed by THE AUSHERMAN FAMILY TRUST.

Totals

Total revenue
$51,407
Total expenses
$1,156,311
Contributions and grants received
$0
Grants paid
$1,121,084
Program service revenue
$0
Investment income
$51,407
Other revenue
$0
Total assets, end of year
$5,651,256
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$5,651,256
Program services expenses (Part IX)
$1,121,084
Management and general expenses
$35,227
Fundraising expenses
$0
Program service expenses (Part III)
$1,121,084

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $116,113 · excluded $116,113

  • 7a · Gross sales of assets other than inventory

    securities $3,461,871

  • 7b · Less cost or other basis and sales expenses

    securities $3,526,577

  • 7c · Gain or loss

    securities -$64,706

  • 7d · Net gain or loss

    total -$64,706 · excluded -$64,706

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,121,084 · program services $1,121,084

  • 11c · Fees: accounting

    total $3,100 · management and general $3,100

  • 11f · Fees: investment management

    total $31,792 · management and general $31,792

  • 24a · Other expenses: FOREIGN TAXES

    total $335 · management and general $335

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,622 · end of year $7,238

  • 11 · Investments: publicly traded securities

    beginning of year $6,082,162 · end of year $5,644,018

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,087,784 · end of year $5,651,256

Mission and programs · 2023

Mission

TO ENHANCE THE WELL-BEING OF THE RESIDENTS OF FREDERICK COUNTY, MARYLAND THROUGH INSTITUTIONAL INITIATIVES TO MEET NEEDS IN UNDERSERVED AREAS.

Activities or mission (Part I)

TO SUPPORT THE COMMUNITY FOUNDATION OF FREDERICK COUNTY MARYLAND, INC. IN SUPPORT OF ITS CHARITABLE, RELIGIOUS, EDUCATIONAL, OR SCIENTIFIC PURPOSES.

  • MADE CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS IN SUPPORT OF THE COMMUNITY FOUNDATION OF FREDERICK COUNTY MARYLAND, INC.

    Expenses $1,121,084 · Grants $1,121,084

As filed on the 2023 return.

Listed in Part VII

  • Marvin E Ausherman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Joseph F Welty

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • John F Dallavalle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413169349304426

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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