Skip to content

· Private foundation

The Ayers Foundation Trust

Its FY2025 filing reports that it accepted unsolicited grant applications.

$11M
Granted FY2025still arriving
36
Grants FY2025still arriving
1
States reached
$5.0M
Largest
01What it funds
0193% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2025.

Education$9.4MPhilanthropy$4.7MHealth$719kArts & Culture$350kYouth Development$165kReligion$136kFood & Nutrition$110kCommunity Improvement$73kOther$0
02FY2025 · 36 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k15 grants · $30k
  • $10k–50k9 grants · $234k
  • $50k–250k6 grants · $707k
  • $250k+6 grants · $9.8M
$25,000
Median grant
1
States reached
$12M
Total assets
Largest grants
RecipientAmount
DECATUR CO BOARD OF EDUCATION$5,000,000
COMMUNITY FOUNDATION OF MIDDLE TN$1,784,000
BELMONT UNIVERSITY$1,500,250
UNICOI COUNTY UNITED WAY$1,020,000
VANDERBILT UNIVERSITY MEDICAL CENTER$250,000
BILL DANCE FRIENDS AND FAMILY FOUNDATION$250,000
FREED-HARDEMAN UNIVERSITY$200,000
EAST TENNESSEE STATE UNIVERSITY FOUNDATION$200,000
LIPSCOMB UNIVERSITY COLLEGE OF LEADERSHIP$106,600
STATE COLLABORATIVE ON REFORMING EDUCATION$100,000
ST JUDES CHILDREN'S RESEARCH HOSPITAL$50,000
GIRL SCOUTS OF MIDDLE TENNESSEE$50,000
UNICOI AND COCKE COUNTIES$37,648
SECOND HARVEST FOOD BANK$35,500
FIRST BAPTIST CHURCH$32,905
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–25, $1k) land where the poverty rate runs at 10%, against an area that typically sits at 14%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 14%TENNESSEE CHILDREN'S HOME: $500 → 10%Tennessee Children's Home: $500 → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

36%of every dollar goes to organizations it has funded before.
$4.4M · 11 repeat orgs$7.8M to everyone else

Grantees it renews have grown median revenue +13% since the first grant, against 0% for those funded once.

11 repeat relationships: 11 still active in FY2025, 0 since wound down; 24 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

11
18

Total granted

$4.4M
$947k

Median revenue growth · since first grant

+13%
0%

Still filing today

73%
39%

New vs renewed · share of each year

In FY2025, 24% of grant dollars renewed an existing relationship; $6.8M went to new ones.

50%100%’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’23’24’25
EducationHealthPhilanthropyAnimalsCrime & LegalPublic BenefitOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • BU
    Belmont University
    2× · 2024–2025 · $3.0M · revenue +11%
  • VU
    Vanderbilt University Medical Center
    2× · 2024–2025 · $500k · revenue +13%
  • FU
    FREED-HARDEMAN UNIVERSITY
    2× · 2024–2025 · $400k · revenue +13%

Funded once

  • ET
    East TN State University Foundation
    one grant, 2024 · $200k
  • L-
    Lipscomb -LdrshpPublService
    one grant, 2024 · $160k
  • IG
    Individual grant recipient
    one grant, 2024 · $150k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Ut Medical Group Inc

To be a successful physician led, professionally managed medical practice that benefits our patients and our community, while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility and a…

Health
2
Vanderbilt University

See Disclosure Above.

Education
3
Tennessee State University Foundation

To promote and support literacy, scientific, educational,scholarship,research, and developmental goals at tennessee state university.

Education
4
Cumberland Medical Center

Cumberland Medical Center provides quality healthcare, in alignment with Covenant Health's mission to serve the community by improving the quality of life through better health, regardless of the patient's ability to pay.

Health
5
Tennessee Health Care Association

To maintain high standards for nursing homes in the state of tennessee and to seek the solutions to problems common to members of the association.

—
6
Middle Tennessee Research Institute

To facilitate innovative research and education, improve healthcare programs that benefit our nation's veterans, and provide outstanding support and advocacy to the research, education, and training endeavors of the tennessee valley…

Health
7
The University of Tennessee Foundation Inc

The foundation enriches the lives of the students, faculty, staff, alumni and friends of the university of tennessee through alumni engagement, financial stewardship and private gift support.

Education
8
Methodist Medical Center

Methodist Medical Center provides quality healthcare, in alignment with Covenant Health's mission to serve the community by improving the quality of life through better health regardless of a patient's ability to pay.

Health
9
Tennessee Chamber of Commerce and Industry

The organizations mission is to promote and maintain a business climate favorable to businesses in tennessee.

—
10
Tn Independent Colleges & Universities

The tennessee independent colleges and universities association (ticua) engages tennessee's private colleges and universities to work collaboratively in areas of public policy, cost containment, and professional development to better serve…

Education
11
Tennessee Charitable Care Network

The mission of tccn is to support, educate, and represent non-profit organizations that provide charitable healthcare services to low-income, uninsured, and underserved tennesseans. tccn envisions a strong, compassionate healthcare safety…

Health
12
United Way of South Central Tennessee

The united way of south central tennessee's mission is to improve lives by advancing opportunities for education, health, and financial stability for all. its vision is to be the primary community solutions leader for human services.

—
How this is measured
The grantee most central to the portfolio’s shape is The Community Foundation of Middle Tennessee Inc; the most unlike its peers is Taf Covid Response Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

23 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 23 of the 54 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
23/23
Grantees still filing
9/23
Grew since first funded

Where the money sits, by cause and then by grantee

DECATUR CO BOARD OF EDUCATION: $5,000,000 · OtherDECATUR CO BOARD OF EDUCATIONUNICOI COUNTY UNITED WAY: $1,020,000 · OtherUNICOI COUNTY UNITED WAY+34 more: $1,504,687 · Other+34 moreBelmont University: $3,000,250 · EducationBelmont UniversityFREED-HARDEMAN UNIVERSITY: $400,000 · EducationFREED-HARDEMAN UNIVERSITYEAST TENNESSEE STATE UNIVERSITY FOUNDATION: $200,000 · Education+3 more: $200,000 · EducationTHE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC: $3,612,735 · PhilanthropyTHE COMMUNITY FOUNDATION O…+2 more: $26,000 · PhilanthropyVanderbilt University Medical Center: $500,000 · HealthBALLAD HEALTH FOUNDATION: $100,000 · HealthST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $50,000 · Health+3 more: $18,500 · HealthGIRL SCOUTS OF MIDDLE TENNESSEE INC: $155,000 · Youth DevelopmentTENNESSEE WILDLIFE RESOURCES FOUNDATION INC: $12,500 · AnimalsMEN OF VALOR: $10,000 · Crime & Legal
Other$7,524,687Education$3,800,250Philanthropy$3,638,735Health$668,500Youth Development$155,000Animals$12,500Crime & Legal$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC: $3,612,735 over 2y, 0.8% of budgetBelmont University: $3,000,250 over 2y, 0.3% of budgetVanderbilt University Medical Center: $500,000 over 2y, 0.0% of budgetFREED-HARDEMAN UNIVERSITY: $400,000 over 2y, 0.3% of budgetEAST TENNESSEE STATE UNIVERSITY FOUNDATION: $200,000 over 1y, 1.1% of budgetGIRL SCOUTS OF MIDDLE TENNESSEE INC: $155,000 over 3y, 0.9% of budgetBALLAD HEALTH FOUNDATION: $100,000 over 1y, 1.3% of budgetLANE COLLEGE: $50,000 over 2y, 0.1% of budgetTHE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE: $50,000 over 2y, 2.9% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $50,000 over 1y, 0.0% of budgetUNITED WAY OF UNICOI COUNTY: $20,000 over 1y, 1.6% of budgetCENTERSTONE FOUNDATION: $10,000 over 1y, 0.1% of budgetUNITED WAY OF WEST TENNESSEINC STARKS: $6,000 over 2y, 0.1% of budgetTHE SYCAMORE INSTITUTE INC: $3,500 over 1y, 0.4% of budgetDucks Unlimited Inc: $3,020 over 1y, 0.0% of budgetTAF Covid Response Foundation: $2,550 over 1y, 100% of budgetFAITH FAMILY MEDICAL CENTER INC: $2,500 over 1y, 0.0% of budgetTENNESSEE CHILDREN'S HOME INC: $1,000 over 2y, 0.0% of budgetDECATUR COUNTY CHAMBER OF COMMERCE: $500 over 1y, 0.3% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC ↗
  • Who funds Belmont University ↗
  • Who funds Vanderbilt University Medical Center ↗
  • Who funds FREED-HARDEMAN UNIVERSITY ↗
  • Who funds EAST TENNESSEE STATE UNIVERSITY FOUNDATION ↗
  • Who funds GIRL SCOUTS OF MIDDLE TENNESSEE INC ↗
  • Who funds TENNESSEE STATE COLLABORATIVE ON REFORMING EDUCATION ↗
  • Who funds BALLAD HEALTH FOUNDATION ↗
  • Who funds LANE COLLEGE ↗
  • Who funds THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE ↗
  • Who funds ST JUDE CHILDREN'S RESEARCH HOSPITAL INC ↗
  • Who funds UNITED WAY OF UNICOI COUNTY ↗
  • Who funds TENNESSEE WILDLIFE RESOURCES FOUNDATION INC ↗
  • Who funds MEN OF VALOR ↗
  • Who funds CENTERSTONE FOUNDATION ↗
  • Who funds UNITED WAY OF WEST TENNESSEINC STARKS ↗
  • Who funds SMALL MIRACLES THERAPEUTIC EQUESTRIAN CENTER INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Ayers FoundationTN28.5× affinity11 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Ayers Foundation · The Community Foundation of Middle Tennessee Inc · Tennessee Health Foundation Inc · The Frist Foundation · United Way of Middle Tennessee Inc · West Tn Healthcare Foundation Inc · Stowers Machinery Foundation Inc · Joe C Davis Foundation · Memorial Foundation Inc · Hca Healthcare Foundation · AT&T Foundation · Chattanooga Christian Community Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Ayers Foundation Trust funds: left to right is the share of its income from government, bottom to top the share from The Ayers Foundation Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%25%56%100%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    8report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–50%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 54 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Ayers’ filings →

    More from the funding graph