Ayres Foundation Inc
Ayres Foundation Inc is a private foundation based in Indianapolis, Indiana. In its 2024 filing, it reported making 55 grants totaling $291,700, with recipients including community-service, cultural, educational, food-access, and disability-support organizations.
Ayres Foundation Inc at a glance
In short: Ayres Foundation Inc gave $292K across 55 grants in 2024 (avg $5K), mostly in Indiana. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $291,700
- +56.6% vs 2023
- Grants made (2024)
- 55
- +34.1% vs 2023
- Average grant
- $5,304
- +16.8% vs 2023
- Median grant
- $4,000
- Total assets
- $4,594,405
- +8.6% vs 2023
- New grantees (estimate)
- 25% first-time grantees (14 of 55, 2024)
- Primary geography
- Indiana (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Ayres Foundation Inc
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Contact John Ed Peacock Jr and provide the applicant’s name, address, and telephone number; exempt foundation status; nature of the request; and financial data. Awards are subject to restrictions and limitations that would jeopardize the foundation’s exempt status.
- Contact
Application contact: John Ed Peacock Jr
Mailing address: 545 W 93Rd Street, Indianapolis, IN 46260
Phone: (317) 443-1868
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ayres Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Central Indiana Community Found ($18K). Together the top 10 received $126K.
Grant Size Distribution
239 grants across all recorded years
The most common grant size was under $50K: 239 grants of 239 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 98% of grant dollars went to recipients in Indiana, 1% to Florida, and 1% to Connecticut. Listed Indiana recipients include organizations in Indianapolis and Carmel.
Grant Distribution by State
Share of 2024 grant dollars across all 55 itemized grants.
Cities
Is Ayres Foundation Inc open to new grantees?
25%
first-time grantees, 2024
In 2024, 14 of 55 grantees (25%) were first-time recipients. First grants averaged $6K; repeat grants $5K. How we count
Medians: $5K first-time, $4K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 67% from 2021 to 2024. Method
- In 2024 it paid out 131% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $175K (2021) to $292K (2024). In 2024 it made 55 grants totaling $292K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Indiana Community Found Indianapolis, IN | Women's Fund | $18,000 |
| Easterseals Crossroads Indianapolis, IN | General Funds | $15,000 |
| Joy's House Indianapolis, IN | General Funds | $15,000 |
| Wheeler Mission Indianapolis, IN | General Funds | $15,000 |
| Indiana Historical Society Indianapolis, IN | General Funds | $12,500 |
| American Red Cross Indianapolis, IN | General Funds | $10,000 |
| Dress for Success Indianapolis Indianapolis, IN | General Funds | $10,000 |
| Fletcher Place Community Center Indianapolis, IN | General Funds | $10,000 |
| Gleaners Food Bank of Indiana Indianapolis, IN | General Funds | $10,000 |
| Home Repairs for Good Indianapolis, IN | General Funds | $10,000 |
Ready to take the next step with Ayres Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,594,405 | $141,828 | $295,074 | $291,700 | 55 | $291,700 | $138,884 | $222,900 |
| 2023 | $4,232,296 | $120,070 | $192,614 | $186,250 | 41 | $186,250 | $118,828 | $197,996 |
| 2022 | $3,830,771 | $181,275 | $223,816 | $218,050 | 44 | $218,050 | $180,825 | $200,837 |
| 2021 | $4,695,286 | $293,731 | $187,982 | $174,700 | 48 | $174,700 | $281,192 | $222,299 |
| 2020 | $4,362,759 | $155,023 | $193,164 | $182,400 | 51 | — | $144,259 | $201,607 |
Under IRS private-foundation payout rules, Ayres Foundation Inc reported a distributable amount of $223K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 recipients illustrate the range of organizations it supported. For example, Dress for Success Indianapolis says its mission is to empower women toward economic independence; Gleaners Food Bank of Indiana describes its work as improving equitable access to nutritious food and addressing food insecurity; and New Hope of Indiana says it provides services and resources to people with disabilities and their families.
Other 2024 recipients include the Indiana Historical Society, which says it collects, preserves, interprets, and shares Indiana’s history, and Rock Steady Boxing, which says it uses a boxing-based fitness curriculum to improve quality of life for people with Parkinson’s disease.
Grantmaking
In 2024, the foundation reported 55 grants totaling $291,700. Grants ranged from $200 to $18,000, with a median of $4,000. Notable grants included $18,000 to Central Indiana Community Foundation for the Women’s Fund; $15,000 each to Easterseals Crossroads, Joy’s House, and Wheeler Mission; and $12,500 to the Indiana Historical Society. Other recipients received $10,000 each, including Dress for Success Indianapolis, Fletcher Place Community Center, Gleaners Food Bank of Indiana, New Hope of Indiana, and Rock Steady Boxing. The Oaks Academy received $10,000, and The Children’s TherapyPLAY Foundation received $7,500.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John Ed Peacock Jr as president; David S Evans as assistant secretary/treasurer; Bert M Wilhoite as secretary; Nancy Ayres as vice president; and Alma Lathrop as director.
Ayres Foundation Inc is led by John Ed Peacock Jr., President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Ed Peacock Jr.
President
On filings since 2020
No compensation reported
Alma Lathrop
Director
On filings since 2020
No compensation reported
Bert M. Wilhoite
Secretary
On filings since 2020
No compensation reported
David S. Evans
Assistant Secretary
On filings since 2020
No compensation reported
Nancy Ayres
Vice President
On filings since 2020
No compensation reported
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.
Frequently asked questions about Ayres Foundation Inc
How much does Ayres Foundation Inc give each year?
Ayres Foundation Inc gave $292K across 55 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $186K across 41 grants.
What is Ayres Foundation Inc's typical grant size?
Ayres Foundation Inc's median grant in 2024 was $4,000, and its average grant was $5,304, across 55 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Ayres Foundation Inc that year got $6K on average.
Where does Ayres Foundation Inc give grants?
Ayres Foundation Inc gives mostly in Indiana: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (42 grants), Zionsville, IN (2 grants) and Fishers, IN (2 grants).
Does Ayres Foundation Inc give general operating support?
Yes: 98% of Ayres Foundation Inc's 2024 grants with a stated purpose (54 of 55) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Ayres Foundation Inc's largest grantees?
Ayres Foundation Inc's largest 2024 grantees include Central Indiana Community Found ($18,000), Easterseals Crossroads ($15,000) and Joy's House ($15,000), according to its 2024 IRS Form 990-PF. Together they received 16% of its itemized 2024 grant dollars.
How large is Ayres Foundation Inc?
Ayres Foundation Inc reported $4.6M in total assets on its 2024 IRS Form 990-PF. It paid out $292K in qualifying distributions that year, against a required minimum of $223K (roughly 5% of its investment assets).
What does Ayres Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 recipients illustrate the range of organizations it supported. See mission & focus areas ↑
How do I apply for a grant from Ayres Foundation Inc?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ayres Foundation Inc's EIN?
Ayres Foundation Inc's EIN (Employer Identification Number) is 35-6018437. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Ayres Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/ayres-foundation-inc-morg_cf4b9455dce24fbb8bd68a0db594cd39
BibTeX
@misc{grantable_356018437_2026,
author = {{Grantable}},
title = {{Ayres Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ayres-foundation-inc-morg_cf4b9455dce24fbb8bd68a0db594cd39},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Ayres Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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