Alice S Ayling Scholarship Foundation

Foundation · Grantmaker WOBURN, MA EIN: 22-2808952

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.

Key facts about Alice S Ayling Scholarship Foundation

EIN
22-2808952
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,675,000
Grants made (2024)
14
Average grant
$119,643
Median grant
$121,000
Total assets
$6,680,791
Primary geography
Massachusetts (51% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Alice S Ayling Scholarship Foundation funds

By grant dollars, the top recipient states for Alice S Ayling Scholarship Foundation's 14 itemized 2024 grants were Massachusetts (51%), Maine (27%) and Vermont (14%). The most frequent recipient cities were Boston, MA (2 grants). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational Scholarship" (14 grants).

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

4states

States

MassachusettsMaineNew HampshireVermont

Cities

BostonBrunswickCambridgeKeeneLewistonMedfordMiddleburyNorth AdamsNorth DartmouthNorthfieldOronoWatervilleWorchester

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$571K$1M$2M$2M20202021202220232024
Metric202420232022
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

$0$419K$838K$1M$2M14 grants202014 grants202114 grants202214 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Keene State College$135KNorwich University$135KUniversity of Maine$132KSimmons College$125KLesley University$124KUniversity of Mass-dartm…$124KNortheastern University$122KMass College of Liberal …$120KTufts University$120KClark University$118K

Grant Size Distribution

70 grants across all recorded years

<$50K32$50–100K38$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Keene State College ($135,000), Norwich University ($135,000), University of Maine ($132,000).

RecipientPurposeAmount
KEENE STATE COLLEGE KEENE, NHEDUCATIONAL SCHOLARSHIP$135,000
NORWICH UNIVERSITY NORTHFIELD, VTEDUCATIONAL SCHOLARSHIP$135,000
UNIVERSITY OF MAINE ORONO, MEEDUCATIONAL SCHOLARSHIP$132,000
SIMMONS COLLEGE BOSTON, MAEDUCATIONAL SCHOLARSHIP$125,000
LESLEY UNIVERSITY CAMBRIDGE, MAEDUCATIONAL SCHOLARSHIP$124,000
UNIVERSITY OF MASS-DARTMOUTH NORTH DARTMOUTH, MAEDUCATIONAL SCHOLARSHIP$124,000
NORTHEASTERN UNIVERSITY BOSTON, MAEDUCATIONAL SCHOLARSHIP$122,000
MASS COLLEGE OF LIBERAL ARTS NORTH ADAMS, MAEDUCATIONAL SCHOLARSHIP$120,000
TUFTS UNIVERSITY MEDFORD, MAEDUCATIONAL SCHOLARSHIP$119,500
CLARK UNIVERSITY WORCHESTER, MAEDUCATIONAL SCHOLARSHIP$117,500

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

RICHARD P HAMELTRUSTEE$99KGERALD B O'GRADY IIITRUSTEE$99KMICHAEL C ANDREWSTRUSTEE$28K

From 2024 filing

NameTitleHoursCompensation
MICHAEL C ANDREWSTRUSTEE2$27,500
RICHARD P HAMELTRUSTEE2$98,600
GERALD B O'GRADY IIITRUSTEE2$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.

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