Lucys Legacy Foundationinc is a private foundation focused on Education, based in BOSTON, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 5 grants totaling $234K. Net investment income was $228K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.8M
-5.0% YoY
Annual Giving
$234K
+6585.8% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$47K
+1237.2% YoY
Under IRS private-foundation payout rules, Lucys Legacy Foundationinc reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.
About Lucys Legacy Foundationinc
Based on IRS filings
Lucys Legacy Foundationinc is a private foundation focused on Education, based in BOSTON, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 5 grants totaling $234K. Net investment income was $228K.
Focus Areas
Ready to take the next step with Lucys Legacy Foundationinc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,802,100 | $2,950,406 | $2,661,999 |
| Revenue | $252,246 | $134,611 | $136,530 |
| Expenses | $305,734 | $31,165 | $181,666 |
| Qualifying Distributions | $244,967 | $5,778 | $145,427 |
| Net Investment Income | $227,552 | $111,344 | $113,563 |
| Distributable Amount | $139,116 | $133,262 | $135,141 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Boston University ($220,148), Kerri Lynn Bailey-nekervis ($4,355), Karen Frances Wood ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON UNIVERSITY BOSTON, MA | SCHOLARSHIPS FOR BU WHEELOCK SCHOOL | $220,148 |
| KAREN FRANCES WOOD boston, MA | GRANT-ROUSING THE READER - BOSTON PUBLIC SCHOOLS-PHONICS MATERIALS | $3,500 |
| QT Library INC SOMERVILLE, MA | GRANT-LGBTQ+ LIBRARY - GRANT TO PURCHASE BOOKS. | $3,500 |
| KERRI LYNN BAILEY-NEKERVIS Acton, MA | GRANT- MT. CALVARY LUTHERAN CHURCH ACTON MA-SENSORY playground for all children- | $4,355 |
| COMMUNITY NETWORK FOR CHILDREN new salem, MA | toys and educational materials for the community parent/child playgroups | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KYLA MCSWEENEY | dirECTOR | 2 | — |
| BONNIE PAGE | dirECTOR | 2 | — |
| CAROL SULLIVAN HANLEY | treasurer | 2 | — |
| RACHEL BASDEKIS | secretary | 2 | — |
| HEIDI FANION | DIRECTOR | 2 | — |
| SHANNON FAIRLEY-PITTMAN | PRESIDENT | 2 | — |
| KATHRYN JONES | vice president | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lucys Legacy Foundationinc?
Lucys Legacy Foundationinc is a private foundation focused on Education, based in BOSTON, MA. It holds $2.8M in total assets as of 2025.
How large is Lucys Legacy Foundationinc?
As of 2025, Lucys Legacy Foundationinc holds $2.8M in total assets with $252K in annual revenue. It awarded 5 grants totaling $234K in 2025.
Where does Lucys Legacy Foundationinc operate?
Lucys Legacy Foundationinc has awarded grants in Massachusetts, Maryland, Rhode Island, Texas, Virginia.
What size grants does Lucys Legacy Foundationinc award?
In 2025, Lucys Legacy Foundationinc awarded 5 grants totaling $234K — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Lucys Legacy Foundationinc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Lucys Legacy Foundationinc reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lucys Legacy Foundationinc's EIN?
Lucys Legacy Foundationinc's EIN (Employer Identification Number) is 04-2105865. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Lucys Legacy Foundationinc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Health Resources in Action Inc
BOSTON, MA
Assets
$107.4M
Grants
180
Total Given
$19.6M
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Community Foundation of Western
SPRINGFIELD, MA
Assets
$282.4M
Grants
314
Total Given
$12.8M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
The Bessemer Giving Fund
WOODBRIDGE, NJ
Assets
$948.2M
Grants
1,653
Total Given
$138.5M
New Venture Fund
WASHINGTON, DC
Assets
$624.9M
Grants
854
Total Given
$359.6M
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Agnes M Lindsay Trust
CHELMSFORD, MA
Assets
$36.9M
Grants
316
Total Given
$1.1M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Frank B Randall Tua
DALLAS, TX
Assets
$103K
Grants
1
Total Given
$116K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lucys Legacy Foundationinc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities