Jack K Ayre & Frank Ayre Lee
Jack K Ayre & Frank Ayre Lee is a private foundation, based in Fort Worth, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 3 grants totaling $98K. Net investment income was $171K.
Jack K Ayre & Frank Ayre Lee at a glance
In short: Jack K Ayre & Frank Ayre Lee gave $98K across 3 grants in 2025 (avg $33K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $98,000
- +8.9% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $32,667
- +8.9% vs 2024
- Median grant
- $43,000
- Total assets
- $1,931,012
- +3.7% vs 2024
- Primary geography
- Texas (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Jack K Ayre & Frank Ayre Lee funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was American Association of Community Theatre ($45K). Together the top 3 received $98K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Jack K Ayre & Frank Ayre Lee gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $90K (2024) to $104K (2022). In 2025 it made 3 grants totaling $98K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Association of Community Theatre Fort Worth, TX | Operational Support | $45,000 |
| Theatre Network of Texas Fort Worth, TX | Operational Support | $43,000 |
| Shakespeare Theatre of New Jersey Madison, NJ | Operational Support | $10,000 |
Ready to take the next step with Jack K Ayre & Frank Ayre Lee?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,931,012 | $193,385 | $123,991 | $98,000 | 3 | $101,370 | $170,764 | $102,978 |
| 2024 | $1,861,618 | $137,346 | $113,659 | $90,000 | 3 | $91,075 | $114,762 | $98,831 |
| 2023 | $1,837,931 | $49,358 | $119,209 | $95,000 | 4 | $98,306 | $43,374 | $94,320 |
| 2022 | $1,907,782 | $133,496 | $131,163 | $103,500 | 4 | $106,321 | $108,654 | $96,932 |
| 2021 | $1,905,449 | $146,307 | $118,294 | $95,000 | 4 | $96,008 | $125,129 | $104,405 |
| 2020 | $1,914,759 | $78,044 | $125,898 | $100,000 | 5 | — | $79,711 | $96,394 |
Under IRS private-foundation payout rules, Jack K Ayre & Frank Ayre Lee reported a distributable amount of $103K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jack K Ayre & Frank Ayre Lee is led by Janet Lee Salters, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Janet Lee Salters
President
On filings since 2020
1 hr/week
No compensation reported
Gary Hunter Lee
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Linda M. Lee
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Raymond Clifford Lee
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Jack K Ayre & Frank Ayre Lee
How much does Jack K Ayre & Frank Ayre Lee give each year?
Jack K Ayre & Frank Ayre Lee gave $98K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $90K across 3 grants.
What is Jack K Ayre & Frank Ayre Lee's typical grant size?
Jack K Ayre & Frank Ayre Lee's median grant in 2025 was $43,000, and its average grant was $32,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does Jack K Ayre & Frank Ayre Lee give grants?
Jack K Ayre & Frank Ayre Lee gives mostly in Texas: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (10%). The most frequent recipient cities were Fort Worth, TX (2 grants).
Does Jack K Ayre & Frank Ayre Lee give general operating support?
Yes: 100% of Jack K Ayre & Frank Ayre Lee's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Jack K Ayre & Frank Ayre Lee?
Jack K Ayre & Frank Ayre Lee reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $101K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Jack K Ayre & Frank Ayre Lee's EIN?
Jack K Ayre & Frank Ayre Lee's EIN (Employer Identification Number) is 47-1702608. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Jack K Ayre & Frank Ayre Lee funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Jack K Ayre & Frank Ayre Lee's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Nell V Bailey Charitable Trust
Chicago, IL
Assets
—
Grants
1
Total Given
$499K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Rosenthal Foundation
Fort Worth, TX
Assets
$233K
Grants
2
Total Given
$3.2M
The Vick Family Foundation Inc
Red Rock, TX
Assets
$229K
Grants
3
Total Given
$4K
The Happy Davis Foundation Inc
Wilmington, DE
Assets
$3.0M
Grants
3
Total Given
$595K
The Pangburn Foundation
Chicago, IL
The Pangburn Foundation funds Texas 501(c)(3) nonprofits in charitable, religious, educational, or scientific work; individuals are not eligible. Recent grants ranged from $7,000 to $120,000, with a median of $20,000. It directs applicants to apply through JPMorgan’s online grants process, so unsolicited requests are accepted.
Assets
$5.9M
Grants
9
Total Given
$323K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Jack K Ayre & Frank Ayre Lee'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.
Jack K Ayre & Frank Ayre Lee down — hundreds of funders to go?