East Lyme Library Foundation Inc

Private foundation · Grantmaker Niantic, CT EIN: 22-3158782

East Lyme Library Foundation Inc is a private foundation, based in Niantic, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $56K. Net investment income was $100K.

Key facts about East Lyme Library Foundation Inc

In short: East Lyme Library Foundation Inc gave $56K across 1 grant in 2025 (avg $56K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
22-3158782
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$56,382
Grants made (2025)
1
Average grant
$56,382
Median grant
$56,382
Total assets
$1,395,377
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+16.5% YoY

Annual Giving

$56K

+19.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$56K

+19.2% YoY

Under IRS private-foundation payout rules, East Lyme Library Foundation Inc reported a distributable amount of $61K for 2025 — the minimum it must pay out in qualifying distributions.

How East Lyme Library Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+8%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Niantic

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $44K (2019) to $56K (2025). In 2025 it made 1 grant totaling $56K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

East Lyme Public Library: $56KEast Lyme Public Library$56K

The largest 2025 recipient was East Lyme Public Library ($56K).

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
East Lyme Public Library Niantic, CTTo Purchase Books for Library Use$56,382

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,395,377$1,197,545$1,091,289
Revenue$139,880$86,660$144,043
Expenses$62,989$50,661$51,249
Qualifying Distributions$56,382$47,309$48,161
Net Investment Income$100,342$74,824$39,770
Distributable Amount$61,444$56,382$47,309

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 22, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

East Lyme Library Foundation Inc is led by Dean Willis, President since 2023 (on filings since 2019); none of the 16 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dean Willis

    President

    Director → President, 2023

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Betsy Schady

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Carolyn Boyle

    Director

    Treasurer → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jan Logozzo

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Janie Butts Pressley

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeanne M. O'Connell

    Director

    Director → President Pr, 2022

    President Pr → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Linden

    Director

    Director → Co-President, 2021

    Co-President → Director, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lucy Schuman

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Abi Cushman

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Joseph Segal

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amy Brenner-Fricke

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Maureen Fang

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rose Gonzales

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Nancy Hall

    Secretary

    Director → Secretary, 2022

    On filings since 2019

    4 hrs/week

    No compensation reported

  • John M. Smith

    Vice President

    Director → Vice President, 2023

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Anna Johnson

    Treasurer

    On filings since 2023

    4 hrs/week

    No compensation reported

Former officers (16)
  • Former: Lisa Timothy (2019–2024) — Ex-Officio
  • Former: Steve Luber (2024) — Ex-Officio
  • Former: Larry Fitzgerald (2022–2023) — Ex-Officio
  • Former: Diantha Ruth McMorrow (2019–2022) — President Pr
  • Former: Jane Bates (2019–2022) — Director
  • Former: Jean Mae Hills (2019–2022) — Director
  • Former: Kathleen Reilly (2019–2022) — Director
  • Former: Thomas Mitchell (2019–2022) — Director
  • Former: David Jacobs (2019–2021) — Ex-Officio
  • Former: Edmond C. Bourque (2019–2021) — Director
  • Former: Emily Mitchell (2019–2021) — Director
  • Former: Julie Haylon (2019–2021) — Vice President
  • Former: Linda Hase (2021) — Director
  • Former: Lyn Behne (2019–2020) — Director
  • Former: Mary Ellen Osborne (2019–2020) — Director
  • Former: Susan P. White (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about East Lyme Library Foundation Inc

How much does East Lyme Library Foundation Inc give each year?

East Lyme Library Foundation Inc gave $56K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 1 grant.

How large is East Lyme Library Foundation Inc?

East Lyme Library Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does East Lyme Library Foundation Inc operate?

East Lyme Library Foundation Inc has awarded grants in Connecticut.

What is East Lyme Library Foundation Inc's EIN?

East Lyme Library Foundation Inc's EIN (Employer Identification Number) is 22-3158782. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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