Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee logo

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee

Private foundation · Grantmaker Fort Wayne, IN EIN: 31-1097946 Website

The Edward D & Ione Auer Foundation is a private foundation based in Fort Wayne, Indiana. Its 2021 filing is marked as a final return, indicating that the foundation has terminated or is winding down; its future grantmaking and application process should not be assumed to be active.

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee at a glance

In short: Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee gave $20.8M across 44 grants in 2021 (avg $472K), mostly in Indiana. 19% of 2021 grantees were new. Source: 2021 IRS Form 990-PF.

Annual giving (2021)
$20,753,913
+1238.4% vs 2020
Grants made (2021)
44
+7.3% vs 2020
Average grant
$471,680
+1147.2% vs 2020
Median grant
$164,467
New grantees (estimate)
19% first-time grantees (7 of 36, 2021)
Primary geography
Indiana (100% of itemized 2021 grant dollars)
Latest 990 filing
Form 990-PF, 2021 View filing

Data from IRS Form 990-PF, 2021; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee

How to Apply

The filing says the foundation did not restrict giving to preselected organizations. It listed Co Monarch Capital Management as the contact and called for one copy of a concept letter, followed by a grant application and required attachments, under its application requirements. Applicants had to be 501(c)(3) organizations, not private foundations, and serve the Fort Wayne metropolitan area. These instructions are from a filing marked as final and should not be treated as current.

Review Cycle
The filing listed January 15, April 15, July 15, and October 15. These cycles are past as of September 28, 2026.
Deadline
The filing listed January 15, April 15, July 15, and October 15.
Contact

Application contact: Co Monarch Capital Management
Mailing address: 127 West Berry Street Ste 402, Fort Wayne, IN 46802
Phone: (260) 422-2765
Website: https://auerfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

Fort Wayne Philharmonic: $3.1M across 2 grantsFort Wayne Philharmonic$3.1M · 2 grantsPurdue University Fort Wayne: $3.1M across 2 grantsPurdue University Fort Wayne$3.1M · 2 grantsFort Wayne Zoological Society: $3.0M across 2 grantsFort Wayne Zoological Society$3.0M · 2 grantsArts United Agency: $2.4M across 2 grantsArts United Agency$2.4M · 2 grantsFort Wayne Museum of Art: $2.1M across 2 grantsFort Wayne Museum of Art$2.1M · 2 grantsScience Central: $1.2M across 2 grantsScience Central$1.2M · 2 grantsBig Brothers Big Sisters of Ne Indiana: $1.0M across 2 grantsBig Brothers Big Sisters of NeIndiana$1.0M · 2 grantsFort Wayne Civic Theatre: $1.0M across 2 grantsFort Wayne Civic Theatre$1.0M · 2 grantsFort Wayne Parks & Recreation: $600KFort Wayne Parks & Recreation$600KFort Wayne Ballet: $525KFort Wayne Ballet$525K

The largest 2021 recipient was Fort Wayne Philharmonic ($3.1M across 2 grants). Together the top 10 received $18.0M.

Grant Size Distribution

144 grants across all recorded years

99<$50K10$50–100K15$100–250K5$250–500K10$500K–1M5$1–5M$5M+

The most common grant size was under $50K: 99 grants of 144 (69%).

Geographic Focus

Where this funder awards grants

All 2021 grant dollars went to recipients in Indiana. The filing’s application restrictions specified that applicant organizations must serve the Fort Wayne metropolitan area.

Grant Distribution by State

1state

Share of 2021 grant dollars across all 44 itemized grants.

States

Cities

Fort WayneRoanokeHuntertown

Is Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee open to new grantees?

19%

first-time grantees, 2021

In 2021, 7 of 36 grantees (19%) were first-time recipients. First grants averaged $517K; repeat grants $591K. How we count

Medians: $50K first-time, $125K repeat.

  • 75% of 2021 grantees were also funded in 2020. Method
  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2021). 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

$0$10M$20M$30M59 grants2019 41 grants2020 44 grants2021

From 2019 to 2021, annual grant giving ranged from $1.6M (2020) to $20.8M (2021). In 2021 it made 44 grants totaling $20.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Purdue University Fort Wayne Fort Wayne, INProgram Support$2,461,989
Fort Wayne Philharmonic Fort Wayne, INProgram Support$2,430,113
Fort Wayne Zoological Society Fort Wayne, INProgram Support$2,382,557
Arts United Agency Fort Wayne, INProgram Support$1,981,676
Fort Wayne Museum of Art Fort Wayne, INProgram Support$1,671,849
Science Central Fort Wayne, INProgram Support$941,875
Fort Wayne Civic Theatre Fort Wayne, INProgram Support$813,967
Big Brothers Big Sisters of Ne Indiana Fort Wayne, INProgram Support$794,186
Fort Wayne Philharmonic Fort Wayne, INEndowment Grant$686,802
Fort Wayne Parks & Recreation Fort Wayne, INProgram Support$600,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2021—$1,918,800$20,961,713$20,753,91344$20,819,266$1,796,353$726,946
2020$10,184,023$485,365$1,723,645$1,550,60041—$349,778$855,592
2019$11,035,046$556,211$2,319,307$2,117,31859—$414,318$909,942

Under IRS private-foundation payout rules, Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee reported a distributable amount of $727K for 2021 — 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 foundation mission statement is provided. Its 2021 grants included support for a range of Fort Wayne organizations. For example, the Fort Wayne Museum of Art says its mission is to collect, preserve, and present American and related art to engage and educate audiences; Science Central describes itself as a regional resource for hands-on science education; and the Fort Wayne Civic Theatre says it aims to enrich the community through live theatre. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2021, the foundation reported 44 grants totaling $20,753,913. Grant amounts ranged from $5,000 to $2,461,989, with a median of $164,467. Notable awards included $2,461,989 to Purdue University Fort Wayne, $2,430,113 to the Fort Wayne Philharmonic, $2,382,557 to the Fort Wayne Zoological Society, $1,981,676 to Arts United Agency, and $1,671,849 to the Fort Wayne Museum of Art. The listed purposes for these largest awards were program support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2021 filing lists David Meyer, identified with a footnote, and Lake City Bank as co-trustees.

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's 2021 filing lists 2 officers; 1 of 2 officers listed in 2021 is compensated.

Officers on the 2021 filing

  • Lake City Bank

    Co-Trustee

    On filings since 2019

    1 hr/week

    $45K (2019) → $50K (2021)

  • David Meyer - See Footnote

    Co-Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2021 IRS filing

Lake City Bank — Co-Trustee: $50KLake City BankCo-Trustee$50K

The highest reported compensation on the 2021 filing was $50K, to Lake City Bank (Co-Trustee).

Frequently asked questions about Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee

How much does Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee give each year?

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee gave $20.8M across 44 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $1.6M across 41 grants.

What is Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's typical grant size?

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's median grant in 2021 was $164,467, and its average grant was $471,680, across 44 grants on its 2021 IRS Form 990-PF. Organizations receiving their first grant from Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee that year got $517K on average.

Where does Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee give grants?

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee gives mostly in Indiana: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Wayne, IN (43 grants).

Does Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee give general operating support?

Not in 2021: none of the 44 grants with a stated purpose on Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's 2021 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (35 grants).

Who are Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's largest grantees?

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's largest 2021 grantees include Fort Wayne Philharmonic ($3,116,915 across 2 grants), Purdue University Fort Wayne ($3,058,792 across 2 grants) and Fort Wayne Zoological Society ($2,979,360 across 2 grants), according to its 2021 IRS Form 990-PF. Together they received 44% of its itemized 2021 grant dollars.

What does Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee fund?

No foundation mission statement is provided. Its 2021 grants included support for a range of Fort Wayne organizations. See mission & focus areas ↑

How do I apply for a grant from Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee?

The filing says the foundation did not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee reported a distributable amount of $727K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's EIN?

Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee's EIN (Employer Identification Number) is 31-1097946. IRS Form 990 filing data is available on this page for 2019–2021.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
  2. IRS filings on file for fiscal years 2019–2021

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Edward D & Ione Auer Foundation Monarch Capital David Meyer Trustee'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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