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Nonprofit · EIN 83-1840633

ASHCRAFT TRUST FUND TWO

Also known as ASHCRAFT TOWN OF KENNEDY IMPROVEMEN

Tax-exempt · TUSCALOOSA, AL 35405

Financials

$3K$15K2023$31K$89K2024$38K$10K2025
Revenue Expenses · by fiscal year end
Financials of ASHCRAFT TRUST FUND TWO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$37,813$9,889$27,924$263,850$0$263,850
December 31, 2024990-PF$30,666$88,841-$58,175$210,926$0$210,926
December 31, 2023990-PF$2,500$14,884-$12,384$269,101$0$269,101
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$4,638
Interest
$60
Net gain from sales of assets
$33,115

Expenses

Grants and similar amounts paid
$0
Excise tax on investment income
$460

Balance sheet and other

Total assets, start of year
$235,926
Total assets, end of year
$263,850
Total liabilities, end of year
$0
Net assets, end of year
$263,850
Net investment income
$33,115

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PENNY DAVIS
501 HAY MARKET LANE, Tuscaloosa, AL 35405
DIRECTOR0$0
FRED R SAVAGE
P O BOX 219, Kennedy, AL 35574
DIRECTOR0$0
MELISSA DAVIS
1601 BAYBERRY CIRCLE, Tuscaloosa, AL 35405
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
PENNY DAVIS
501 HAY MARKET LANE, TUSCALOOSA, AL 35405
DIRECTOR0$0
FRED R SALVAGE
PO BOX 219, KENNEDY, AL 35574
DIRECTOR0$0
MELISSA DAVIS
1601 BAYBERRY CIRCLE, TUSCALOOSA, AL 35405
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PENNY DAVIS
501 HAY MARKET LANE, TUSCALOOSA, AL 35405
DIRECTOR0$0
FRED R SALVAGE
PO BOX 219, KENNEDY, AL 35574
DIRECTOR0$0
MELISSA DAVIS
1601 BAYBERRY CIRCLE, TUSCALOOSA, AL 35405
DIRECTOR0$0

Address and contacts

Address (IRS master file)
501 HAY MARKET LN, TUSCALOOSA, AL 35405-9734
In care of
% PENNY DAVIS
Signed the 990-PF
PENNY DAVIS, DIRECTOR
Phone
(205) 394-9739
Return prepared by
Don Wallace CPA PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
83-1840633
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$263,850
Income (IRS master file)
$4,698

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$37,813$9,889$263,850XML
990-PFDecember 2024$30,666$88,841$210,926XML
990-PFDecember 2023$2,500$14,884$269,101XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2016–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-1840633).

Questions about ASHCRAFT TRUST FUND TWO

What is the EIN of ASHCRAFT TRUST FUND TWO?
The employer identification number (EIN) of ASHCRAFT TRUST FUND TWO is 83-1840633.
Is ASHCRAFT TRUST FUND TWO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ASHCRAFT TRUST FUND TWO tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ASHCRAFT TRUST FUND TWO file?
Form 990-PF. Private foundations file every year.
When is the next return of ASHCRAFT TRUST FUND TWO due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASHCRAFT TRUST FUND TWO last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of ASHCRAFT TRUST FUND TWO?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does ASHCRAFT TRUST FUND TWO have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $37,813, expenses of $9,889 and total assets of $263,850 at year end.

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