Ardelle and Theresa Glaze
The Ardelle and Theresa Glaze Foundation is a private family foundation based in Fort Wayne, Indiana. Established in 2021 to honor Ardelle and Theresa Glaze, the foundation was created by the Glaze family to expand upon decades of community investment. The foundation's existence is rooted in the success of Fort Wayne Metals Research Products Corp., a medical device wire manufacturer founded over fifty years ago by Ardelle Glaze, a former research scientist. The company has contributed millions of dollars to charitable causes throughout its history.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.2M
+1.2% YoY
Annual Giving
$2.1M
+24.4% YoY
Grant Count
25
+8.7% YoY
Avg Grant Size
$83K
+14.4% YoY
Mission & Focus Areas
The foundation supports nonprofits that help make communities into places people want to be. The foundation partners with organizations whose missions center on:
- Education — Helping students of all ages succeed and increasing educational opportunities
- Community Empowerment — Providing resources for communities to build on their own strengths
- Urban Design and Development — Investing in infrastructure and services that aid economic growth and mobility
- The Arts — Supporting creative expression and enhancing access to the arts
- Conservation, Parks, and Recreation — Aiding preservation and enjoyment of the natural environment
Grantmaking
The foundation makes grants to preselected charitable organizations. Recent grants include:
Grant Range
s have ranged from $3,000 to $250,000, with an average award of approximately $74,000 and a median grant of $50,000. The foundation has made 37 grants totaling $2.7 million to 26 unique organizations. Annual giving has grown from $1.1 million in 2022 to $1.7 million in 2023, with $2.08 million in total giving reported in 2024.
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Geographic Focus
Where this funder awards grants
The foundation focuses investments in communities where Fort Wayne Metals operates and where foundation family members have interests. Primary funding areas include:
- Northeast Indiana counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley
- Seneca and Wayne counties, Ohio
- County Mayo, Ireland
- Additional grants are occasionally made in other regions of interest to family members
The foundation primarily supports organizations in Indiana, Florida, and Tennessee, which account for 97% of all grants, with grantmaking reaching organizations across four states.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $42.2 million (as of 2024)
- Total Revenues: $2.77 million (2024)
- Total Expenses: $2.29 million (2024)
- Annual Income: $14.8 million
- Total Giving: $2.08 million (2024)
The foundation received its IRS tax-exempt ruling in June 2022 and is classified as a 501(c)(3) private non-operating foundation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,227,154 | $41,743,202 | $43,301,092 |
| Revenue | $2,773,884 | $689,380 | $671,592 |
| Expenses | $2,289,932 | $1,884,574 | $681,472 |
| Qualifying Distributions | $2,080,859 | $1,672,830 | $525,700 |
| Net Investment Income | $2,595,133 | $918,952 | $1,280,565 |
| Distributable Amount | $2,278,904 | $2,036,028 | $1,992,873 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Open Grants
1 open opportunity from Ardelle and Theresa Glaze
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Scott Glaze — Chairman
- Lyndsey Glaze — Executive Director
- Melissa Glaze — Director
- Troy Linder — Treasurer
- Rachel Osting — Secretary
- Bonnie Springer — Executive Assistant
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT GLAZE | PRESIDENT | 1 | — |
| MELISSA GLAZE | DIRECTOR | 1 | — |
| LYNDSEY GLAZE | EXECUTIVE DI | 30 | $21,703 |
| RACHEL OSTING | SECRETARY | 1 | — |
| TROY LINDER | TREASURER | 1 | — |
Contact Information
Physical Address: 910 S Calhoun Street Fort Wayne, IN 46802 (By Appointment Only)
Mailing Address: PO Box 11575 Fort Wayne, IN 46859
Email: info@glazefoundation.org
Phone: (260) 747-4154
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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