Ina B Bond Ashbourne Charitable Fund

Louisville, KY
Tax-exempt since Sept. 2011
EIN: 45-2809797

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$2,239,753

Expenses

$3,858,102

Net Income

-$1,618,349

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,023,661	45.7%
Sales of Assets	$1,215,775	54.3%
Other Income	$317	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,754,707	97.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$0
Total Liabilities	$0
Net Assets	$0

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 6, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$2,365,277

Expenses

$3,587,819

Net Income

-$1,222,542

Net Assets

$24,622,879

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$953,029	40.3%
Sales of Assets	$1,412,248	59.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,523,217	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,622,879
Total Liabilities	$0
Net Assets	$24,622,879

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 9, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$1,718,177

Expenses

$3,722,758

Net Income

-$2,004,581

Net Assets

$25,813,680

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$682,923	39.7%
Sales of Assets	$1,035,191	60.2%
Other Income	$63	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,590,845	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,813,680
Total Liabilities	$0
Net Assets	$25,813,680

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 8, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$4,156,016

Expenses

$2,871,718

Net Income

$1,284,298

Net Assets

$27,818,261

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,603,740	38.6%
Sales of Assets	$2,552,276	61.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,689,162	93.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,818,261
Total Liabilities	$0
Net Assets	$27,818,261

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$4,030,452

Expenses

$3,508,927

Net Income

$521,525

Net Assets

$26,533,962

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$820,968	20.4%
Sales of Assets	$3,209,484	79.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,439,762	98.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,533,963
Total Liabilities	$1
Net Assets	$26,533,962

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$2,756,119

Expenses

$2,738,871

Net Income

$17,248

Net Assets

$26,012,437

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,539,394	55.9%
Interest Revenue	$0
Dividends	$857,429	31.1%
Sales of Assets	$359,296	13.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,660,308	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,012,438
Total Liabilities	$1
Net Assets	$26,012,437

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on June 1, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$3,439,282

Expenses

$2,680,782

Net Income

$758,500

Net Assets

$25,995,190

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,491,660	43.4%
Interest Revenue	$0
Dividends	$1,485,112	43.2%
Sales of Assets	$462,510	13.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,511,802	93.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,995,190
Total Liabilities	$0
Net Assets	$25,995,190

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$2,964,391

Expenses

$1,323,119

Net Income

$1,641,272

Net Assets

$25,236,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,493,249	50.4%
Interest Revenue	$0
Dividends	$713,037	24.1%
Sales of Assets	$758,105	25.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,251,111	94.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,236,690
Total Liabilities	$0
Net Assets	$25,236,690

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$2,245,107

Expenses

$1,103,792

Net Income

$1,141,315

Net Assets

$23,595,418

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,400,589	62.4%
Interest Revenue	$0
Dividends	$560,444	25.0%
Sales of Assets	$284,074	12.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,035,191	93.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,595,418
Total Liabilities	$0
Net Assets	$23,595,418

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$2,330,675

Expenses

$1,520,358

Net Income

$810,317

Net Assets

$22,454,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,357,159	58.2%
Interest Revenue	$0
Dividends	$649,493	27.9%
Sales of Assets	$324,023	13.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,446,357	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,454,103
Total Liabilities	$0
Net Assets	$22,454,103

Compensation

Key Employees and Officers	Compensation	Other
Ina Brown Bond (Chairman & President)	$0	$0
W Austin Musselman Jr (Secretary & Treasurer)	$0	$0
Elaine G Musselman (Director)	$0	$0

990-PF

Filed on May 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$2,297,466

Expenses

$882,812

Net Income

$1,414,654

Net Assets

$21,643,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,279,077	55.7%
Interest Revenue	$0
Dividends	$642,421	28.0%
Sales of Assets	$375,968	16.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$821,809	93.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$21,643,786
Total Liabilities	$0
Net Assets	$21,643,786

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$2,110,044

Expenses

$1,703,769

Net Income

$406,275

Net Assets

$20,229,132

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,253,304	59.4%
Interest Revenue	$0
Dividends	$570,055	27.0%
Sales of Assets	$286,685	13.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,659,973	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$20,229,132
Total Liabilities	$0
Net Assets	$20,229,132

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,954,431

Expenses

$1,258,005

Net Income

$696,426

Net Assets

$19,822,857

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$330,094	16.9%
Interest Revenue	$0
Dividends	$1,600,249	81.9%
Sales of Assets	$24,088	1.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,185,366	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,822,857
Total Liabilities	$0
Net Assets	$19,822,857

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Revenue

$19,331,701

Expenses

$205,270

Net Income

$19,126,431

Net Assets

$19,126,431

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,285,133	99.8%
Interest Revenue	$0
Dividends	$102,440	0.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$201,000	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,126,431
Total Liabilities	$0
Net Assets	$19,126,431

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated April 20, 2026

Ina B Bond Ashbourne Charitable Fund

Organization summary

Organization summary might be incomplete or out of date

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011