Ashcraft Trust Fund One
Preselected recipients only
Ashcraft Trust Fund One is a private foundation in Tuscaloosa, Alabama. In tax year 2025 it gave $15,750 in 9 grants; the typical grant was $1,250 and the largest $2,500. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$15,750
- Number of grants9
- Typical grant$1,250
- Largest grant$2,500
- Assets$0
Giving in 2025 was up from $15,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $15,000 | 6 | $316,456 |
| 2024 | $15,000 | 7 | $302,404 |
| 2025 | $15,750 | 9 | $0 |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2025 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
Ashcraft Trust Fund One says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Ashcraft Trust Fund One funds
Where it gives
Its grants went to recipients in 2 states, the most to Alabama.
| State | Grants | Amount |
|---|---|---|
| Alabama | 8 | $14,500 |
| Mississippi | 1 | $1,250 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $1,250 |
| Individual | Scholarship | $1,250 |
| Individual | Scholarship | $1,250 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
Officers and trustees
- Penny Davis
- Fred R Salvage
- Melissa Davis
Questions people ask
Does Ashcraft Trust Fund One accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Ashcraft Trust Fund One give?
$15,750 in tax year 2025, across 9 grants, with a typical grant of $1,250.
Who runs Ashcraft Trust Fund One?
Its 2025 filing lists Penny Davis (Director), Fred R Salvage (Director) and Melissa Davis (Director).
What does Ashcraft Trust Fund One fund?
Based on its grants, mainly education.