Tim and Libby Ash Family Foundation Inc

FORT WAYNE, IN EIN: 27-1243709

The Tim and Libby Ash Family Foundation (TLAFF) is a private, independent 501(c)(3) foundation established in 2012 and based in Fort Wayne, Indiana. The foundation is dedicated to creating an inclusive, thriving society through positive change by supporting organizations aligned with its core values of accessibility, integrity, and equity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.9M

+32.5% YoY

Annual Giving

$984K

+31.3% YoY

Grant Count

19

+5.6% YoY

Avg Grant Size

$52K

+24.3% YoY

Under IRS private-foundation payout rules, Tim and Libby Ash Family Foundation Inc reported a distributable amount of $584K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

TLAFF's mission is to partner with communities to inspire sustainable change. The foundation focuses on five primary areas:

  • Child and youth development
  • Health
  • Social services
  • Community development
  • Animal-related causes

Ninety percent of the foundation's annual budget is dedicated to the first four focus areas, while five percent supports animal-related causes. An additional five percent of the budget is reserved for discretionary grants, allowing the foundation flexibility and responsiveness to emergent community needs.

Grantmaking

Based on the most recent available data, TLAFF distributes approximately $983,500 annually in grants. Typical grant awards range from $100,000 to $325,000. The foundation has demonstrated support for organizations working in education, philanthropy, voluntarism, grantmaking, and human services.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Indiana, Michigan, and North Carolina.

Grant Distribution by State

10states
+2 more states

Cities

AlpenaAshevilleAtlantaAuroraBartlesvilleBooneCheboyganChicagoColorado SpringsFort WayneHuntertownInterlochenMt PleasantPetoskeyRoyal OakRye BrookStaffordTraverse CityWashington

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $9.01 million
  • Total Revenue: $5.07 million
  • Total Expenses: $854,000
  • Total Liabilities: $0

As of 2024:

  • Total Assets: $11,939,689
  • Total Giving: $983,500
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$10M20202021202220232024
Metric202420232022
Total Assets$11,939,689$9,014,314$4,794,981
Revenue$6,243,846$5,073,523$8,801,897
Expenses$1,202,798$854,190$920,041
Qualifying Distributions$1,093,747$808,316$900,415
Net Investment Income$2,998,990$2,860,545$605,299
Distributable Amount$583,593$447,865$117,601

Giving Over Time

Total grant dollars and number of grants per year

$0$246K$492K$738K$984K23 grants202012 grants202128 grants202218 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE RESCUE MISSION$325KWORLD BASEBALL ACADEMY$225KBRIDGE OF GRACE$200KTHE IMPACT CENTER$100KAURORA PUBLIC SCHOOLS (D…$75KLOVE FORT WAYNE$20KBELOVED ASHEVILLE$5KCANTERBURY SCHOOL$5KINTERLOCHEN PUBLIC RADIO$5KNEW MERCIES MINISTRIES$5K

Grant Size Distribution

100 grants across all recorded years

76<$50K7$50–100K15$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Rescue Mission ($325,000), World Baseball Academy ($225,000), Bridge of Grace ($200,000).

RecipientPurposeAmount
AURORA PUBLIC SCHOOLS (DBA ADAMS-ARAPAHOE SCHOOL DISTRICT 28J AURORA, COFAMILY LIAISONS FOR SPECIAL POPULATIONS (FLSP) STAFF FUNDING.$75,000
BELOVED ASHEVILLE ASHEVILLE, NCEMERGENCY RELIEF FOR ASHEVILLE/NC FLOODING.$5,000
BIG BROTHERS BIG SISTERS NORTHWEST MICHIGAN TRAVERSE CITY, MIANNUAL FUNDRAISER SUPPORT$1,500
BRIDGE OF GRACE FORT WAYNE, INCAPITAL CAMPAIGN PAYMENT - TO SUPPORT BRIDGE OF GRACE'S NEW CAMPUS.$200,000
CANCER SERVICES OF NORTHEAST INDIANA FORT WAYNE, INTO SUPPORT THE MISSION OF CANCER SERVICES OF NORTHEAST INDIANA AND PROMOTE THE WELLBEING/QUALITY OF LIFE OF THOSE AFFECTED BY CANCER.$500
CANTERBURY SCHOOL FORT WAYNE, INTO FURTHER EDUCATIONAL EXCELLENCE.$5,000
DENNOS MUSEUM CENTER TRAVERSE CITY, MISUPPORTING THE MISSION OF THE DENNOS MUSEUM CENTER AND PROMOTING THE ARTS.$3,800
GRACE EPISCOPAL CHURCH TRAVERSE CITY, MISUPPORTING THE MISSION OF THE CHURCH.$3,600
INTERLOCHEN PUBLIC RADIO INTERLOCHEN, MITO CREATE AND DELIVER MUSIC, NEWS, ARTS, AND CULTURAL PROGRAMMING.$5,000
IRIS FAMILY SUPPORT CENTER FORMERLY SCAN INC FORT WAYNE, INTO PROTECT CHILDREN, PREPARE PARENTS, STRENGTHEN FAMILIES, AND EDUCATE THE COMMUNITY TO STOP CHILD ABUSE AND NEGLECT.$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation was established by Tim and Libby Ash, both of whom grew up in Fort Wayne and developed a deep-rooted connection to their community. Tim and Libby are motivated by a shared commitment to giving back and ensuring more equitable access to resources and opportunities for those in need. They have two daughters and a son, and are grandparents to two grandsons.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIMOTHY E ASHBOARD MEMBER1
ELIZABETH A ASHBOARD MEMBER3
AUSTIN J ASHBOARD MEMBER1

Contact Information

Address: 888 S Harrison St Ste 900, Fort Wayne, IN 46802-2265

Telephone: 720-828-2757

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Tim and Libby Ash Family Foundation Inc fund?

TLAFF's mission is to partner with communities to inspire sustainable change. The foundation focuses on five primary areas: • **Child and youth development** • **Health** • **Social services** • **Community development** • **Animal-related causes** Ninety percent of the foundation's annual budget is dedicated to the first four focus areas, while five percent supports animal-related causes. An additional five percent of the budget is reserved for discretionary grants, allowing the foundation fle…

How do I apply for a grant from Tim and Libby Ash Family Foundation Inc?

Based on the most recent available data, TLAFF distributes approximately $983,500 annually in grants. Typical grant awards range from $100,000 to $325,000. The foundation has demonstrated support for organizations working in education, philanthropy, voluntarism, grantmaking, and human services.

Where does Tim and Libby Ash Family Foundation Inc make grants?

The foundation primarily funds organizations in Indiana, Michigan, and North Carolina.

What size grants does Tim and Libby Ash Family Foundation Inc award?

In 2024, Tim and Libby Ash Family Foundation Inc awarded 19 grants totaling $984K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is Tim and Libby Ash Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tim and Libby Ash Family Foundation Inc reported a distributable amount of $584K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tim and Libby Ash Family Foundation Inc's EIN?

Tim and Libby Ash Family Foundation Inc's EIN (Employer Identification Number) is 27-1243709. IRS Form 990 filing data is available on this page for 2020–2024.

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

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