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    Aircast Foundation

    ActivePhilanthropy & VoluntarismFunds Individuals
    NAPLES, FLWebsite

    About Aircast Foundation

    AirCast Foundation Inc concentrates its philanthropy almost exclusively on orthopedic research and professional support for the orthopedic surgery community. Its grants are large and targeted, funding national specialty societies and research-focused organizations that advance surgical techniques, trauma care, and musculoskeletal research. The foundation’s giving is highly focused rather than broadly distributed, privileging established professional organizations and research programs in orthopedics.

    Focus Areas

    Orthopedic research funding (clinical and translational)Support for professional orthopedic associations and specialty societiesOrthopedic trauma care and surgical technique advancement

    Who They Fund

    clinical and academic researchers in orthopaedicspatients with musculoskeletal conditionshealthcare providers/clinicians in orthopaedics

    Giving Approach

    Highly concentrated giving: a small number of very large grants, often repeated to the same national orthopedic organizations; focused, mission-aligned investments rather than many small or geographically diverse awards.

    About Aircast Foundation

    Aircast Foundation Inc centers its philanthropy on orthopaedic research, with a visible preference for peer-reviewed, specialty-driven work that serves surgeons, investigators, and professional societies. In the recent grant record, the largest awards went to OREF and AOSSM, including a $500,000 grant to OREF in 2025 and a $402,500 grant to AOSSM in 2024, both for orthopaedic research. Those awards sit alongside additional support for the Orthopedic Trauma Association, Duke Health, and other orthopaedic institutions, showing a pattern of funding established organizations rather than broad public programs. The foundation’s named collaboration programs reinforce that emphasis. Through OREF-administered grants, Aircast supports resident research and research agenda programs, while its partnerships with AAOS, OTA, and AOSSM point to a long-running role in specialty-society research infrastructure. Its grantmaking also reaches individual support in a limited way, including a scholarship at Duke Health.

    What Aircast Foundation Funds

    A core theme is orthopaedic research infrastructure. Aircast Foundation Inc gave $500,000 to OREF in 2025 and $291,000 to OREF in 2024, both tagged for orthopaedic research. It also supported the American Academy of Orthopedic Surg with $15,000 in 2025 and $10,000 in 2024, again for orthopaedic research. Another area is trauma and post-injury care. The foundation gave $100,000 to the Orthopedic Trauma Association in 2023 and $80,000 in 2024 for orthopaedic research, with the OTA collaboration focused on treatment and prevention of post-traumatic arthritis after articular fractures. Sports medicine is also present. Aossm received $402,500 in 2024 and $195,000 in 2025 for orthopaedic research, reflecting the foundation’s backing of return-to-play and outcomes-oriented studies. Smaller grants also reached Duke Health and Rush University Medical Center for orthopaedic research.

    How Aircast Foundation Gives

    Recent awards cluster around a median grant size of $10,000, with a p25 of $10,000 and a p75 of $80,000. At the top end, the record includes several six-figure research grants, including $500,000 and $402,500 awards. The pattern is repeated over multiple years and through recurring institutional partners, especially OREF, AOSSM, the Orthopedic Trauma Association, and the American Academy of Orthopedic Surg. The foundation uses both direct grantmaking and collaborative, peer-reviewed channels, including OREF-administered awards and named society partnerships. It also accepts unsolicited applications in some programs, including the general research grants and several collaborative tracks. Aircast Foundation Inc is an operating foundation by behavior, funding project-specific research rather than operating support across a broad set of nonprofits.

    Financial Snapshot

    Annual Giving

    $822K

    Total Assets

    $8.4M

    Total Revenue

    $351K

    Total Expenses

    $1M

    Typical Grant Size

    Most grants fall between $10K and $80K, with a median of $10K.

    25th Percentile

    $10K

    Median

    $10K

    75th Percentile

    $80K

    Geographic Reach

    National5 states funded

    About 9% of grants go to recipients in IL.

    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    EIN (Tax ID): 22-2784475
    Latest Form 990: 2025
    Total assets: $8.4M
    3 filings on record
    Find their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders

    Funding Style

    research fundingproject-specific grantsphilanthropic/charitable support

    Notable grantees: OREF (Orthopaedic Research and Education Foundation), AOSSM (American Orthopaedic Society for Sports Medicine), Orthopaedic Trauma Association

    Topics

    orthopaedic researchmusculoskeletal healthorthopaedic surgical innovationorthopaedic device/implant development

    Where Aircast Foundation Makes Grants

    Aircast Foundation Inc gives nationally within the United States, and its recent grants are concentrated in a small set of recipient hubs. Rosemont, Illinois appears most often, with grants to OREF, AOSSM, the Orthopedic Trauma Association, the American Academy of Orthopedic Surg, and Olc Education. Chicago, Illinois is another recurring recipient city, including Rush University Medical Center, Rush University, and individual grantees there. Durham, North Carolina appears through Duke Health, while Ft Wright, Kentucky appears through The Forum. Florida recipients are limited in the recent record; Naples accounts for the Garden of Hope grants.

    Frequently Asked Questions About Aircast Foundation

    What areas does Aircast Foundation Inc support most often?

    The foundation’s recent grant record is centered on orthopaedic research. Named programs and collaborations include resident research, youth sport injury prevention, soft tissue repair and regeneration, trauma research, return-to-play studies, and AAOS research endowment support.

    How large are typical grants?

    Typical awards are modest relative to the largest grants: the p25, median, and p75 are $10,000, $10,000, and $80,000. The record also includes larger research awards, such as $500,000 and $402,500.

    Does Aircast Foundation Inc fund the same organizations repeatedly?

    Yes. OREF, AOSSM, and the Orthopedic Trauma Association each appear multiple times across 2023, 2024, and 2025, and the American Academy of Orthopedic Surg also appears in more than one year. The pattern suggests recurring institutional partnerships.

    How does the foundation make grants?

    It uses both direct and collaborative grantmaking. Programs include Aircast Foundation Research Grants, OREF collaboration grants, OTA collaborative grants, AOSSM collaborative research, and AAOS research endowment support. Some programs accept unsolicited applications, including the general research grants and several collaborative tracks.

    Where do most grants go?

    The top state by grant count is Illinois. Recent recipient cities include Rosemont and Chicago, with additional grants to Durham, Ft Wright, and Naples.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    OREFROSEMONT, IL$500,0002025ORTHOPAEDIC RESEARCH
    AOSSMROSEMONT, IL$195,0002025ORTHOPAEDIC RESEARCH
    ORTHOPEDIC TRAUMA ASSOCIATIONROSEMONT, IL$50,0002025ORTHOPAEDIC RESEARCH
    THE FORUMFT WRIGHT, KY$20,0002025ORTHOPAEDIC RESEARCH
    DUKE HEALTHDURHAM, NC$15,0002025ORTHOPAEDIC RESEARCH
    AMERICAN ACADEMY OF ORTHOPEDIC SURGROSEMONT, IL$15,0002025ORTHOPAEDIC RESEARCH
    RUSH UNIVERSITY MEDICAL CENTERCHICAGO, IL$15,0002025ORTHOPAEDIC RESEARCH
    RICHARD KYLE MDLONG LAKE, MN$10,0002025ORTHOPAEDIC RESEARCH
    GARDEN OF HOPENAPLES, FL$1,6002025CHARITABLE CONTRIBUTION
    AOSSMROSEMONT, IL$402,5002024ORTHOPAEDIC RESEARCH
    OREFROSEMONT, IL$291,0002024ORTHOPAEDIC RESEARCH
    ORTHOPEDIC TRAUMA ASSOCIATIONROSEMONT, IL$80,0002024ORTHOPAEDIC RESEARCH
    DUKE HEALTHDURHAM, NC$30,0002024ORTHOPAEDIC RESEARCH
    THE FORUMFT WRIGHT, KY$10,0002024ORTHOPAEDIC RESEARCH
    AMERICAN ACADEMY OF ORTHOPEDIC SURGROSEMONT, IL$10,0002024ORTHOPAEDIC RESEARCH
    OLC EDUCATIONROSEMONT, IL$10,0002024ORTHOPAEDIC RESEARCH
    IAN S MICHELSONCHICAGO, IL$7,5002024ORTHOPAEDIC RESEARCH
    GARDEN OF HOPENAPLES, FL$1,6002024CHARITABLE CONTRIBUTION
    ORTHOPEDIC TRAUMA ASSOCIATIONROSEMONT, IL$100,0002023ORTHOPAEDIC RESEARCH
    RUSH UNIVERSITYCHICAGO, IL$10,0002023ORTHOPAEDIC RESEARCH
    AMERICAN ACADEMY OF ORTHOPEDIC SURGROSEMONT, IL$10,0002023ORTHOPAEDIC RESEARCH
    IAN S MICHELSONARLINGTON HEIGHTS, IL$5,0002023ORTHOPAEDIC RESEARCH

    OREF

    $500,000
    ROSEMONT, IL2025

    ORTHOPAEDIC RESEARCH

    AOSSM

    $195,000
    ROSEMONT, IL2025

    ORTHOPAEDIC RESEARCH

    ORTHOPEDIC TRAUMA ASSOCIATION

    $50,000
    ROSEMONT, IL2025

    ORTHOPAEDIC RESEARCH

    THE FORUM

    $20,000
    FT WRIGHT, KY2025

    ORTHOPAEDIC RESEARCH

    DUKE HEALTH

    $15,000
    DURHAM, NC2025

    ORTHOPAEDIC RESEARCH

    AMERICAN ACADEMY OF ORTHOPEDIC SURG

    $15,000
    ROSEMONT, IL2025

    ORTHOPAEDIC RESEARCH

    RUSH UNIVERSITY MEDICAL CENTER

    $15,000
    CHICAGO, IL2025

    ORTHOPAEDIC RESEARCH

    RICHARD KYLE MD

    $10,000
    LONG LAKE, MN2025

    ORTHOPAEDIC RESEARCH

    GARDEN OF HOPE

    $1,600
    NAPLES, FL2025

    CHARITABLE CONTRIBUTION

    AOSSM

    $402,500
    ROSEMONT, IL2024

    ORTHOPAEDIC RESEARCH

    OREF

    $291,000
    ROSEMONT, IL2024

    ORTHOPAEDIC RESEARCH

    ORTHOPEDIC TRAUMA ASSOCIATION

    $80,000
    ROSEMONT, IL2024

    ORTHOPAEDIC RESEARCH

    DUKE HEALTH

    $30,000
    DURHAM, NC2024

    ORTHOPAEDIC RESEARCH

    THE FORUM

    $10,000
    FT WRIGHT, KY2024

    ORTHOPAEDIC RESEARCH

    AMERICAN ACADEMY OF ORTHOPEDIC SURG

    $10,000
    ROSEMONT, IL2024

    ORTHOPAEDIC RESEARCH

    OLC EDUCATION

    $10,000
    ROSEMONT, IL2024

    ORTHOPAEDIC RESEARCH

    IAN S MICHELSON

    $7,500
    CHICAGO, IL2024

    ORTHOPAEDIC RESEARCH

    GARDEN OF HOPE

    $1,600
    NAPLES, FL2024

    CHARITABLE CONTRIBUTION

    ORTHOPEDIC TRAUMA ASSOCIATION

    $100,000
    ROSEMONT, IL2023

    ORTHOPAEDIC RESEARCH

    RUSH UNIVERSITY

    $10,000
    CHICAGO, IL2023

    ORTHOPAEDIC RESEARCH

    AMERICAN ACADEMY OF ORTHOPEDIC SURG

    $10,000
    ROSEMONT, IL2023

    ORTHOPAEDIC RESEARCH

    IAN S MICHELSON

    $5,000
    ARLINGTON HEIGHTS, IL2023

    ORTHOPAEDIC RESEARCH