Aircast Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 9 grants totaling $822K. Net investment income was $472K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
-7.5% YoY
Annual Giving
$822K
-2.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$91K
-2.5% YoY
Under IRS private-foundation payout rules, Aircast Foundation Inc reported a distributable amount of $450K for 2024 — the minimum it must pay out in qualifying distributions.
About Aircast Foundation Inc
Based on IRS filings
Aircast Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 9 grants totaling $822K. Net investment income was $472K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,350,236 | $9,028,411 | $9,909,262 |
| Revenue | $350,791 | $204,535 | $439,816 |
| Expenses | $1,032,038 | $1,082,301 | $384,116 |
| Qualifying Distributions | $998,806 | $201,864 | $343,368 |
| Net Investment Income | $472,018 | $411,439 | $401,281 |
| Distributable Amount | $449,693 | $450,008 | $503,829 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Oref ($500,000), Aossm ($195,000), Orthopedic Trauma Association ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ORTHOPEDIC TRAUMA ASSOCIATION ROSEMONT, IL | ORTHOPAEDIC RESEARCH | $50,000 |
| AOSSM ROSEMONT, IL | ORTHOPAEDIC RESEARCH | $195,000 |
| AMERICAN ACADEMY OF ORTHOPEDIC SURG ROSEMONT, IL | ORTHOPAEDIC RESEARCH | $15,000 |
| OREF ROSEMONT, IL | ORTHOPAEDIC RESEARCH | $500,000 |
| THE FORUM FT WRIGHT, KY | ORTHOPAEDIC RESEARCH | $20,000 |
| DUKE HEALTH DURHAM, NC | ORTHOPAEDIC RESEARCH | $15,000 |
| RICHARD KYLE MD LONG LAKE, MN | ORTHOPAEDIC RESEARCH | $10,000 |
| GARDEN OF HOPE NAPLES, FL | CHARITABLE CONTRIBUTION | $1,600 |
| RUSH UNIVERSITY MEDICAL CENTER CHICAGO, IL | ORTHOPAEDIC RESEARCH | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY J MCVICKER | PRESIDENT | 5 | $10,000 |
| JEFF M NOVATT | TREASURER | 5 | $10,000 |
| MARY NOYES | TRUSTEE | 5 | $10,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aircast Foundation Inc?
Aircast Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $8.4M in total assets as of 2024.
How large is Aircast Foundation Inc?
As of 2024, Aircast Foundation Inc holds $8.4M in total assets with $351K in annual revenue. It awarded 9 grants totaling $822K in 2024.
Where does Aircast Foundation Inc operate?
Aircast Foundation Inc has awarded grants in Florida, Illinois, Kentucky, Minnesota, North Carolina, Tennessee.
What size grants does Aircast Foundation Inc award?
In 2024, Aircast Foundation Inc awarded 9 grants totaling $822K — an average of about $91K per grant, based on its IRS Form 990 filings.
How much is Aircast Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aircast Foundation Inc reported a distributable amount of $450K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aircast Foundation Inc's EIN?
Aircast Foundation Inc's EIN (Employer Identification Number) is 22-2784475. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aircast Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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