AAX Insurance Education Foundation Inc

Private foundation · Grantmaker Springfield, MA EIN: 46-1962014

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

PittsburghWexfordMechanicsburgAtlantaBaltimoreBethesdaDubuoueEnolaMinneapolisPinehurstWashingtonCoral GablesDaytonDubuqueHarlanIndianapolisLinthicum HeightsPlymouthSewaneeSilver Spring

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K6 grants2020 7 grants2021 6 grants2022 8 grants2023 10 grants2024 7 grants2025

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

Better Back Nine: $20KBetter Back Nine$20KProvidence Academy: $20KProvidence Academy$20KSt Jude the Apostle Catholic Church: $15KSt Jude the Apostle CatholicChurch$15KThe Lilabean Foundation: $15KThe Lilabean Foundation$15KCalvary Womens Services: $5KCalvary Womens Services$5KCystic Fibrosis Foundation: $3KCystic Fibrosis Foundation$3KCure Childhood Cancer: $3KCure Childhood Cancer$3K

The largest 2025 recipient was Better Back Nine ($20K). Together the top 7 received $80K.

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 38 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Better Back Nine Pinehurst, NCPursue, promote, and support the mental and physical well being of post 9/11 sof combat veterans$20,000
Providence Academy Plymouth, MNAnnual fund for christ-centered education for children ages k-12.$20,000
St Jude the Apostle Catholic Church Pittsburgh, PADonor Support.$15,000
The Lilabean Foundation Silver Spring, MDFunds Pediatric Brain Cancer Research.$15,000
Calvary Womens Services Washington, DCHousing, health, education and employment services to empower homeless women in washington, d.c.$5,000
Cystic Fibrosis Foundation Bethesda, MDTo 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, GAFunds Research and Provides Support for Familities.$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 16, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  7. 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.

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