Aircast Foundation Inc
Aircast Foundation Inc is a private foundation, 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.
Key facts about Aircast Foundation Inc
In short: Aircast Foundation Inc gave $822K across 9 grants in 2024 (avg $91K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- EIN
- 22-2784475
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $821,600
- Grants made (2024)
- 9
- Average grant
- $91,289
- Median grant
- $15,000
- Total assets
- $8,350,236
- Primary geography
- Illinois (94% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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.
How Aircast Foundation Inc gives
- Giving grew 29% from 2021 to 2024. Method
- In 2024 it paid out 222% 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 Aircast Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $125K (2022) to $843K (2023). In 2024 it made 9 grants totaling $822K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Oref ($500K). Together the top 9 received $822K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 24 grants of 36 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Oref Rosemont, IL | Orthopaedic Research | $500,000 |
| Aossm Rosemont, IL | Orthopaedic Research | $195,000 |
| Orthopedic Trauma Association Rosemont, IL | Orthopaedic Research | $50,000 |
| The Forum Ft Wright, KY | Orthopaedic Research | $20,000 |
| American Academy of Orthopedic Surg Rosemont, IL | Orthopaedic Research | $15,000 |
| Duke Health Durham, NC | Orthopaedic Research | $15,000 |
| Rush University Medical Center Chicago, IL | Orthopaedic Research | $15,000 |
| Richard Kyle MD Long Lake, MN | Orthopaedic Research | $10,000 |
| Garden of Hope Naples, FL | Charitable Contribution | $1,600 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Aircast Foundation Inc is led by Henry J. McVicker, President on every filing since 2020; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Henry J. McVicker
President
On filings since 2020
5 hrs/week
$5K (2020) → $10K (2024)
Mary Noyes
Trustee
On filings since 2020
5 hrs/week
$5K (2020) → $10K (2024)
Jeff M. Novatt
Treasurer
On filings since 2020
5 hrs/week
$5K (2020) → $10K (2024)
Former officers (1)
- Former: Richard Kyle MD (2021–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $10K, to Henry J McVicker (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Aircast Foundation Inc
How much does Aircast Foundation Inc give each year?
Aircast Foundation Inc gave $822K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $843K across 9 grants.
What is Aircast Foundation Inc's typical grant size?
Aircast Foundation Inc's median grant in 2024 was $15,000, and its average grant was $91,289, across 9 grants on its 2024 IRS Form 990-PF.
Where does Aircast Foundation Inc give grants?
Aircast Foundation Inc gives mostly in Illinois: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Rosemont, IL (4 grants).
Does Aircast Foundation Inc give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Aircast Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Orthopaedic Research" (8 grants).
Who are Aircast Foundation Inc's largest grantees?
Aircast Foundation Inc's largest 2024 grantees include Oref ($500,000), Aossm ($195,000) and Orthopedic Trauma Association ($50,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.
How large is Aircast Foundation Inc?
Aircast Foundation Inc reported $8.4M in total assets on its 2024 IRS Form 990-PF. It paid out $999K in qualifying distributions that year, against a required minimum of $450K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Aircast Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Aircast Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Emergency Medicine Foundation
Irving, TX
Emergency Medicine Foundation funds U.S.-based emergency medicine research and education, including pilot, resident, and medical student research grants. Recent awards ranged from $3,500 to $986,839, with a median of $15,000; its listed programs offer up to $100,000 for pilot research, $10,000 for resident research, and $5,000 for medical student grants. It uses an RFP process, so the profile does not state that it accepts unsolicited requests.
Assets
$10.6M
Grants
20
Total Given
$2.1M
Prostate Cancer Foundation
Santa Monica, CA
The Prostate Cancer Foundation funds peer-reviewed prostate cancer research, including team projects, early-career researchers, and precision-oncology studies. Its 2024 grants had a median of about $996,000, though amounts varied widely; it supports research institutions in the U.S. and internationally. The profile does not state whether it accepts unsolicited requests.
Assets
$105.8M
Grants
27
Total Given
$27.0M
AON Foundation
Chicago, IL
The AON Foundation supports charitable organizations in areas including community services, education, economic development, and other causes, with grants ranging from $800 to $500,000 and a 2024 median of $44,109. Its giving is concentrated in Illinois and Delaware, with smaller amounts going to other states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$50K
Grants
39
Total Given
$2.2M
The Rita and Alex Hillman Foundation
New York, NY
The foundation funds nursing education and research, nursing-led innovations addressing health inequities and serious illness, health research, and photography. Its 2024 grants had a $50,000 median, with awards ranging from $250 to $876,505; its programs offer grants from $50,000 to up to $500,000, and giving is concentrated in Pennsylvania, with grants also reported in several other states. Its programs welcome applications from a broad range of institutions and practitioners.
Assets
$110.5M
Grants
40
Total Given
$3.3M
Josiah Macy Jr Foundation
New York, NY
The Josiah Macy Jr. Foundation funds educational projects that improve health-professional education, with priorities including diversity, collaboration, ethical decision-making, and clinical learning environments. Recent grants ranged from $5,000 to $125,000, with a median of about $72,000, supporting organizations across the United States; it accepts rolling applications for President’s Grants up to $25,000, but not unsolicited applications for Board Grants.
Assets
$152.6M
Grants
47
Total Given
$3.2M
American Association of Hip & Knee Surgeons
Rosemont, IL
AAHKS funds hip and knee care education, including fellowship programs, and research through its FARE program. Its 2024 fellowship grants were $13,800 each; traditional FARE grants offer up to $50,000 for studies in North America, and FARE applicants begin with a letter of intent.
Assets
$12.9M
Grants
64
Total Given
$883K
Thomas Jefferson University
Philadelphia, PA
Thomas Jefferson University supports program work at universities, hospitals, research organizations, and community-service organizations, with grants ranging from $6,243 to $879,503 and a median award of about $48,500. Its giving is concentrated in Pennsylvania, with additional support across several states, including Washington, New York, Virginia, and Maryland. The profile does not state whether it accepts unsolicited requests.
Assets
$6.6B
Grants
71
Total Given
$7.3M
Alzheimer's Disease & Related Disorders Association Inc
Chicago, IL
The fund supports Alzheimer’s disease and dementia research, including scientific, clinical, social, and behavioral research, as well as related policy work. It awards grants to U.S. and international researchers; the profile does not state a typical giving level or whether unsolicited requests are accepted.
Assets
$523.7M
Grants
79
Total Given
$73.3M
MRB Foundation Inc
Lake Geneva, WI
MRB Foundation Inc supports education, environmental conservation, humanitarian relief, and community programs, with grants to organizations across the U.S. and internationally. Its 2025 grants ranged from $1,000 to $150,000, with a median of $6,750. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$24.9M
Grants
96
Total Given
$1.7M
Alliance for Clinical Trials in Oncology Foundation
Chicago, IL
The Alliance for Clinical Trials in Oncology supports cancer clinical trials, laboratory and translational research, and education for the medical community, with grants to research institutions and Alliance programs in the United States and Canada. In 2024, its grants ranged from $5,250 to $1,962,448, with a median of $30,432; it does not state a general policy on unsolicited requests, and its Scholar Award requires nomination.
Assets
$112.8M
Grants
109
Total Given
$12.8M
Drexel University
Philadelphia, PA
Drexel University funds research grants to universities and other organizations; its 2025 grants ranged from $5,125 to $2,208,816, with a median of $63,420. Its grants are concentrated in Pennsylvania, with additional funding in states including California, Texas, Maryland, and New Jersey. The available information does not state whether it accepts unsolicited requests.
Assets
$2.9B
Grants
120
Total Given
$16.9M
More Funders in Florida
Aircast Foundation Inc down — hundreds of funders to go?