AAX Insurance Education Foundation Inc
AAX Insurance Education Foundation Inc is a private foundation focused on Education, based in Springfield, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $274K in total assets. In 2025, it awarded 7 grants totaling $80K. Net investment income was $21K.
Key facts about AAX Insurance Education Foundation Inc
In short: AAX Insurance Education Foundation Inc gave $80K across 7 grants in 2025 (avg $11K), top state North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 46-1962014
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $80,000
- Grants made (2025)
- 7
- Average grant
- $11,429
- Median grant
- $15,000
- Total assets
- $274,037
- Primary geography
- North Carolina (25% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$274K
-17.7% YoY
Annual Giving
$80K
+33.3% YoY
Grant Count
7
-30.0% YoY
Avg Grant Size
$11K
+90.5% YoY
Under IRS private-foundation payout rules, AAX Insurance Education Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.
How AAX Insurance Education Foundation Inc gives
- Giving grew 78% from 2022 to 2025. Method
- In 2025 it paid out 495% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with AAX Insurance Education Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $45K (2020) to $80K (2025). In 2025 it made 7 grants totaling $80K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Better Back Nine ($20K). Together the top 7 received $80K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Better Back Nine Pinehurst, NC | Pursue, promote, and support the mental and physical well being of post 9/11 sof combat veterans | $20,000 |
| Providence Academy Plymouth, MN | Annual fund for christ-centered education for children ages k-12. | $20,000 |
| St Jude the Apostle Catholic Church Pittsburgh, PA | Donor Support. | $15,000 |
| The Lilabean Foundation Silver Spring, MD | Funds Pediatric Brain Cancer Research. | $15,000 |
| Calvary Womens Services Washington, DC | Housing, health, education and employment services to empower homeless women in washington, d.c. | $5,000 |
| Cystic Fibrosis Foundation Bethesda, MD | To provide the means to cure cystic fibrosis and ensure that those living with cf live long and productive lives | $2,500 |
| Cure Childhood Cancer Atlanta, GA | Funds Research and Provides Support for Familities. | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $274,037 | $332,981 | $384,217 |
| Revenue | $30,812 | $27,909 | $11,475 |
| Expenses | $89,756 | $79,145 | $53,603 |
| Qualifying Distributions | $80,000 | $60,000 | $45,000 |
| Net Investment Income | $21,056 | $8,764 | $4,454 |
| Distributable Amount | $16,172 | $18,691 | $18,796 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 16, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
AAX Insurance Education Foundation Inc is led by Jason Jones, President & Director on the 2025 filing; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jason Jones
President & Director
New on the 2025 filing
0.8 hrs/week
No compensation reported
Michael P. Ryan
Director
On filings since 2020
0.8 hrs/week
No compensation reported
Colin Kimpel
Treasurer & Director
New on the 2025 filing
0.8 hrs/week
No compensation reported
Grant Piller
Secretary & Director
New on the 2025 filing
0.8 hrs/week
No compensation reported
Former officers (6)
- Former: Andrew Todd (2020–2024) — President & Director
- Former: Adam Goetz (2021–2024) — Clerk & Director
- Former: Brian Martin (2021–2024) — Treasurer & Director
- Former: Corey Basehore (2020) — Treasurer
- Former: Marilyn R. Kelleher (2020) — Director
- Former: Scott Eckart (2020) — President & Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about AAX Insurance Education Foundation Inc
How much does AAX Insurance Education Foundation Inc give each year?
AAX Insurance Education Foundation Inc gave $80K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 10 grants.
What is AAX Insurance Education Foundation Inc's typical grant size?
AAX Insurance Education Foundation Inc's median grant in 2025 was $15,000, and its average grant was $11,429, across 7 grants on its 2025 IRS Form 990-PF.
Where does AAX Insurance Education Foundation Inc give grants?
AAX Insurance Education Foundation Inc's top state is North Carolina, with 25% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (25%) and Maryland (22%).
Does AAX Insurance Education Foundation Inc give general operating support?
Yes: 14% of AAX Insurance Education Foundation Inc's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are AAX Insurance Education Foundation Inc's largest grantees?
AAX Insurance Education Foundation Inc's largest 2025 grantees include Better Back Nine ($20,000), Providence Academy ($20,000) and St Jude the Apostle Catholic Church ($15,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is AAX Insurance Education Foundation Inc?
AAX Insurance Education Foundation Inc reported $274K in total assets on its 2025 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).
What is AAX Insurance Education Foundation Inc?
AAX Insurance Education Foundation Inc is a private foundation focused on Education, based in Springfield, MA. It holds $274K in total assets as of 2025.
What is AAX Insurance Education Foundation Inc's EIN?
AAX Insurance Education Foundation Inc's EIN (Employer Identification Number) is 46-1962014. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching AAX Insurance Education Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in AAX Insurance Education Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Massachusetts
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Barr Foundation
Boston, MA
The Barr Foundation funds arts and creativity, climate, education, and New England’s social sector, primarily through long-term support for organizations in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. Its filing says it accepts only requests from preselected organizations and does not accept unsolicited requests, though its website describes program-page inquiries and occasional open calls.
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (FKA Oneworld Boston Inc)
Woburn, MA
Cummings Foundation Grants Inc. funds nonprofits working in human services, education, healthcare, fairness and justice, and the environment, primarily in greater Boston and eastern Massachusetts. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal during its application cycle, which was not open at the time described.
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
Boston, MA
Assets
$15.4M
Grants
632
Total Given
$1.7M
Good Sports Inc
Braintree, MA
Good Sports provides free sports equipment, footwear, and apparel to established schools and community organizations running ongoing youth sports and physical-activity programs in high-need communities; it serves all 50 states and Puerto Rico. In 2025, grants ranged from $5,004 to $229,133, with a median of $12,781. Youth programs and schools can apply through its community-organization application process.
Assets
$13.8M
Grants
619
Total Given
$11.2M
The Stephen Phillips Memorial Scholarship Fund Inc
Boston, MA
The fund awards need- and merit-based scholarships to full-time students pursuing bachelor’s degrees who permanently reside in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont; recipients may attend college anywhere in the United States. Awards generally range from $3,000 to $17,000, with typical annual awards of $6,000 to $10,000. It accepts applications through an online student portal; the profile does not describe other unsolicited requests.
Assets
$41.6M
Grants
520
Total Given
$5.1M
Berkshire Bank Foundation Inc
Pittsfield, MA
The foundation supports nonprofits working in small business, financial inclusion, housing, health and wellness, food insecurity, youth development, and arts and culture across Connecticut, Massachusetts, New York, Rhode Island, and Vermont. In 2024, grants ranged from $50 to $33,333, with a median of $2,500. It accepts written applications from eligible 501(c)(3) public charities and lists quarterly deadlines.
Assets
$17.1M
Grants
478
Total Given
$2.0M
Givinga Foundation Inc
Wellesley, MA
GIVINGA Foundation supports donor-directed giving through donor-advised funds, charitable campaigns, and approved fiscal-sponsorship projects, with past recipients spanning causes such as children’s health, global development, racial equity, animal welfare, and food access. Reported 2020 awards ranged from about $37,000 to $179,000, but filings list no grants for 2022–2024; it has no stated geographic focus. The profile does not say whether it accepts unsolicited grant requests.
Assets
$2.9M
Grants
424
Total Given
$8.5M
More Funders in Massachusetts
AAX Insurance Education Foundation Inc down — hundreds of funders to go?