Tim and Libby Ash Family Foundation Inc
Tim and Libby Ash Family Foundation Inc is a private foundation based in Fort Wayne, Indiana. Its 2024 filing reports grants to organizations supporting community services, education, youth activities, and the arts, among other purposes.
Tim and Libby Ash Family Foundation Inc at a glance
In short: Tim and Libby Ash Family Foundation Inc gave $984K across 19 grants in 2024 (avg $52K), mostly in Indiana. 74% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $983,500
- +31.3% vs 2023
- Grants made (2024)
- 19
- +5.6% vs 2023
- Average grant
- $51,763
- +24.3% vs 2023
- Median grant
- $5,000
- Total assets
- $11,939,689
- +32.5% vs 2023
- New grantees (estimate)
- 74% first-time grantees (14 of 19, 2024; small sample)
- Primary geography
- Indiana (90% 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 Tim and Libby Ash Family Foundation Inc
- Contact
Application contact: Lauren Ash
Mailing address: 888 S Harrison Street Suite 900, Fort Wayne, IN 46802
Phone: (720) 828-2757
Email: lauren@theashfdn.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Tim and Libby Ash Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Rescue Mission ($325K). Together the top 10 received $965K.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was under $50K: 76 grants of 100 (76%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grants went primarily to Indiana recipients, which received 90% of grant dollars. The filing also reports shares for Colorado (8%), Michigan (2%), North Carolina (1%), and Washington, D.C. (0%). These reported shares may not total 100% because of rounding.
Grant Distribution by State
Share of 2024 grant dollars across all 19 itemized grants.
States
Cities
Is Tim and Libby Ash Family Foundation Inc open to new grantees?
74%
first-time grantees, 2024
In 2024, 14 of 19 grantees (74%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $39K; repeat grants $86K. How we count
Medians: $5K first-time, $5K repeat.
- 16% of 2024 grantees were also funded in 2023. Method
- Giving grew 67% from 2021 to 2024. Method
- In 2024 it paid out 187% 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 $449K (2020) to $984K (2024). In 2024 it made 19 grants totaling $984K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Rescue Mission Fort Wayne, IN | Capital campaign payment - to further support the work of rescue mission. Operational support | $325,000 |
| World Baseball Academy Fort Wayne, IN | New parking lot construction, operational support for world baseball academy. | $225,000 |
| Bridge of Grace Fort Wayne, IN | Capital campaign payment - to support bridge of grace's new campus. | $200,000 |
| The Impact Center Fort Wayne, IN | General/Operational Support for the Impact Center | $100,000 |
| Aurora Public Schools (DBA Adams-Arapahoe School District 28J Aurora, CO | Family Liaisons for Special Populations (FLSP) Staff Funding. | $75,000 |
| Love Fort Wayne Fort Wayne, IN | To strengthen fort wayne's leaders, families, pastors, and schools. | $20,000 |
| Beloved Asheville Asheville, NC | Emergency Relief for Asheville/NC Flooding. | $5,000 |
| Canterbury School Fort Wayne, IN | To Further Educational Excellence. | $5,000 |
| Interlochen Public Radio Interlochen, MI | To create and deliver music, news, arts, and cultural programming. | $5,000 |
| New Mercies Ministries Fort Wayne, IN | Providing supportive services and resources for women and families in fort wayne. | $5,000 |
Ready to take the next step with Tim and Libby Ash Family 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 | $11,939,689 | $6,243,846 | $1,202,798 | $983,500 | 19 | $1,093,747 | $2,998,990 | $583,593 |
| 2023 | $9,014,314 | $5,073,523 | $854,190 | $749,300 | 18 | $808,316 | $2,860,545 | $447,865 |
| 2022 | $4,794,981 | $8,801,897 | $920,041 | $897,000 | 28 | $900,415 | $605,299 | $117,601 |
| 2021 | $910,378 | $525,145 | $602,918 | $588,080 | 12 | $590,930 | $516,685 | $134,379 |
| 2020 | $988,151 | $497,284 | $465,579 | $449,349 | 23 | — | $119,864 | $115,096 |
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 September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants included capital and operational support for The Rescue Mission, World Baseball Academy, Bridge of Grace, and The Impact Center. Grantees describe their own work in varied terms: World Baseball Academy says it uses baseball to exemplify excellence and leadership and offers youth development, wellness, and mentoring activities; New Mercies Ministries describes its work as providing supportive connections, safe housing, and restorative services for women and families; and Canterbury School describes itself as a college-preparatory school focused on students’ intellectual, physical, social, and spiritual growth.
Grantmaking
In 2024, the foundation reported 19 grants totaling $983,500. Individual grants ranged from $100 to $325,000, with a median of $5,000. The largest awards were $325,000 to The Rescue Mission for capital campaign and operational support, $225,000 to World Baseball Academy for a parking lot and operational support, and $200,000 to Bridge of Grace for its new campus. Other notable grants included $100,000 to The Impact Center for general and operational support and $75,000 to Aurora Public Schools for Family Liaisons for Special Populations staff funding.
The foundation’s filing says it does not restrict giving to preselected organizations. How to apply: Organizations interested in applying should email Lauren Ash to request a link to the online grant application. The filing lists no restrictions on awards. Deadline: N/A.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Timothy E. Ash, Elizabeth A. Ash, and Austin J. Ash as board members.
Tim and Libby Ash Family Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth A. Ash
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Timothy E. Ash
Board Member
On filings since 2020
1 hr/week
No compensation reported
Austin J. Ash
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Jason Grover (2020–2023) — Board Member · Filing note: Resigned in October
- Former: Austin J. Ash Joined In November (2023) — Board Member
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 Tim and Libby Ash Family Foundation Inc
How much does Tim and Libby Ash Family Foundation Inc give each year?
Tim and Libby Ash Family Foundation Inc gave $984K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $749K across 18 grants.
What is Tim and Libby Ash Family Foundation Inc's typical grant size?
Tim and Libby Ash Family Foundation Inc's median grant in 2024 was $5,000, and its average grant was $51,763, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Tim and Libby Ash Family Foundation Inc that year got $39K on average.
Where does Tim and Libby Ash Family Foundation Inc give grants?
Tim and Libby Ash Family Foundation Inc gives mostly in Indiana: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Colorado (8%). The most frequent recipient cities were Fort Wayne, IN (10 grants) and Traverse City, MI (3 grants).
Does Tim and Libby Ash Family Foundation Inc give general operating support?
Yes: 16% of Tim and Libby Ash Family Foundation Inc's 2024 grants with a stated purpose (3 of 19) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Tim and Libby Ash Family Foundation Inc's largest grantees?
Tim and Libby Ash Family Foundation Inc's largest 2024 grantees include The Rescue Mission ($325,000), World Baseball Academy ($225,000) and Bridge of Grace ($200,000), according to its 2024 IRS Form 990-PF. Together they received 76% of its itemized 2024 grant dollars.
How large is Tim and Libby Ash Family Foundation Inc?
Tim and Libby Ash Family Foundation Inc reported $11.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $584K (roughly 5% of its investment assets).
What does Tim and Libby Ash Family Foundation Inc fund?
No foundation mission statement is provided. Its 2024 grants included capital and operational support for The Rescue Mission, World Baseball Academy, Bridge of Grace, and The Impact Center. See mission & focus areas ↑
How do I apply for a grant from Tim and Libby Ash Family Foundation Inc?
Tim and Libby Ash Family Foundation Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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.
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). Tim and Libby Ash Family Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/tim-and-libby-ash-family-foundation-inc-morg_f34308d273a7492db08a3f08e484fe26
BibTeX
@misc{grantable_271243709_2026,
author = {{Grantable}},
title = {{Tim and Libby Ash Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tim-and-libby-ash-family-foundation-inc-morg_f34308d273a7492db08a3f08e484fe26},
note = {Accessed 2026-10-04. 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 Tim and Libby Ash Family 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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