Alice S Ayling Scholarship Foundation
The Alice S Ayling Scholarship Foundation is a private foundation based in Woburn, Massachusetts, established in 1987. The organization holds 501(c)(3) tax-exempt status and operates as a family foundation dedicated to supporting higher education through scholarship programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.7M
-16.9% YoY
Annual Giving
$1.7M
+10.9% YoY
Grant Count
14
+0.0% YoY
Avg Grant Size
$120K
+10.9% YoY
Under IRS private-foundation payout rules, Alice S Ayling Scholarship Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides grants to colleges and universities for the purpose of offering scholarships to students engaged in full-time studies. The foundation places strong emphasis on scholarships in the humanities field.
Primary focus areas include:
- Arts and culture
- Humanities
- Education
- Higher education
Grantmaking
The foundation is an active grantmaker with recent annual giving of approximately $1.5 million. Recent grants have been awarded to institutions including:
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Geographic Focus
Where this funder awards grants
The foundation operates primarily in the Northeastern United States, with funding activity in:
- Massachusetts (including Boston, Cambridge, and Worcester)
- Maine
- New Hampshire
- Vermont
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $8,040,882
- Total Revenue: $2,075,812
- Total Expenses: $1,668,023
- Total Liabilities: $0
- Total Giving: $1,510,750
As of 2024:
- Total Assets: $6,680,791
- Total Revenue: $543,014
- Total Expenses: $1,906,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,680,791 | $8,040,882 | $7,633,093 |
| Revenue | $543,014 | $2,075,812 | $1,317,902 |
| Expenses | $1,906,500 | $1,668,023 | $1,462,908 |
| Qualifying Distributions | $1,790,750 | $1,585,810 | $1,367,330 |
| Net Investment Income | $469,484 | $1,630,557 | $514,574 |
| Distributable Amount | $1,050,788 | $1,351,492 | $1,739,037 |
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
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Keene State College ($135,000), Norwich University ($135,000), University of Maine ($132,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATES COLLEGE LEWISTON, ME | EDUCATIONAL SCHOLARSHIP | $116,000 |
| BOWDOIN COLLEGE BRUNSWICK, ME | EDUCATIONAL SCHOLARSHIP | $100,000 |
| CLARK UNIVERSITY WORCHESTER, MA | EDUCATIONAL SCHOLARSHIP | $117,500 |
| COLBY COLLEGE WATERVILLE, ME | EDUCATIONAL SCHOLARSHIP | $105,000 |
| KEENE STATE COLLEGE KEENE, NH | EDUCATIONAL SCHOLARSHIP | $135,000 |
| LESLEY UNIVERSITY CAMBRIDGE, MA | EDUCATIONAL SCHOLARSHIP | $124,000 |
| MASS COLLEGE OF LIBERAL ARTS NORTH ADAMS, MA | EDUCATIONAL SCHOLARSHIP | $120,000 |
| MIDDLEBURY COLLEGE MIDDLEBURY, VT | EDUCATIONAL SCHOLARSHIP | $100,000 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | EDUCATIONAL SCHOLARSHIP | $122,000 |
| NORWICH UNIVERSITY NORTHFIELD, VT | EDUCATIONAL SCHOLARSHIP | $135,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel overseeing the foundation include:
- Michael C. Andrews (Trustee)
- Richard P. Hamel (Trustee)
- Gerald B. O'Grady III (Trustee)
The foundation maintains a staff of 2 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL C ANDREWS | TRUSTEE | 2 | $27,500 |
| RICHARD P HAMEL | TRUSTEE | 2 | $98,600 |
| GERALD B O'GRADY III | TRUSTEE | 2 | $98,600 |
Contact Information
Address: 8 Cedar St Ste 55 Woburn, MA 01801
Telephone: 617-695-9799
EIN: 22-2808952
Frequently Asked Questions
What does Alice S Ayling Scholarship Foundation fund?
The foundation provides grants to colleges and universities for the purpose of offering scholarships to students engaged in full-time studies. The foundation places strong emphasis on scholarships in the humanities field. Primary focus areas include: • Arts and culture • Humanities • Education • Higher education
How do I apply for a grant from Alice S Ayling Scholarship Foundation?
The foundation is an active grantmaker with recent annual giving of approximately $1.5 million. Recent grants have been awarded to institutions including: • Norwich University ($135,000) • Psi Chi - Simmons College ($125,000) • Psi Chi - University of Massachusetts Dartmouth ($124,000) • Lesley University The foundation made 14 grants in 2024 and historically has made multiple grants annually to support student scholarships at partner institutions.
Where does Alice S Ayling Scholarship Foundation make grants?
The foundation operates primarily in the Northeastern United States, with funding activity in: • Massachusetts (including Boston, Cambridge, and Worcester) • Maine • New Hampshire • Vermont
What size grants does Alice S Ayling Scholarship Foundation award?
In 2024, Alice S Ayling Scholarship Foundation awarded 14 grants totaling $1.7M — an average of about $120K per grant, based on its IRS Form 990 filings.
How much is Alice S Ayling Scholarship Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alice S Ayling Scholarship Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alice S Ayling Scholarship Foundation's EIN?
Alice S Ayling Scholarship Foundation's EIN (Employer Identification Number) is 22-2808952. 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.