Tim and Libby Ash Family Foundation Inc
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY E ASH | BOARD MEMBER | 1 | — |
| ELIZABETH A ASH | BOARD MEMBER | 3 | — |
| AUSTIN J ASH | BOARD MEMBER | 1 | — |
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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