Lyford Cay Foundation Inc logo

Lyford Cay Foundation Inc

Public charity · Grantmaker Greenwich, CT EIN: 23-7025275 Website

Lyford Cay Foundation Inc is a public charity based in Greenwich, Connecticut. It is one of two legal entities operating as Lyford Cay Foundations, a philanthropic organization that supports learning opportunities for Bahamian children, young adults, families, and communities.

Lyford Cay Foundation Inc at a glance

In short: Lyford Cay Foundation Inc gave $432K across 27 grants in 2024 (avg $16K), top state Rhode Island. 25% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$431,770
+82.4% vs 2023
Grants made (2024)
27
+50.0% vs 2023
Average grant
$15,991
+21.6% vs 2023
Median grant
$15,000
Total assets
$39,572,122
+18.4% vs 2023
New grantees (estimate)
25% first-time grantees (6 of 24, 2024; small sample)
Primary geography
Rhode Island (12% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Lyford Cay Foundation Inc

Contact

Mailing address: 31 Brookside Drive, Greenwich, CT 06836
Phone: (242) 362-4910
Website: https://lyfordcayfoundations.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Lyford Cay Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Johnson & Wales University: $40KJohnson & Wales University$40KHoward University: $30KHoward University$30KUniversity of California at Berkeley: $30KUniversity of California atBerkeley$30KUniversity of Southern Mississippi: $20KUniversity of SouthernMississippi$20KKettering University: $20KKettering University$20KAverett University: $15KAverett University$15KBard College: $15KBard College$15KFlorida Southern College: $15KFlorida Southern College$15KHartwick College: $15KHartwick College$15KJohns Hopkins University: $15KJohns Hopkins University$15K

The largest 2024 recipient was Johnson & Wales University ($40K). Together the top 10 received $215K.

Organizations only. It also paid 4 individual scholarships ($66,000), which are not listed by name.

Grant Size Distribution

129 grants across all recorded years

126<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 126 grants of 129 (98%).

Geographic Focus

Where this funder awards grants

The foundation describes its work as serving Bahamians and says community-grant projects must take place in The Bahamas. Its 2024 itemized grants went to recipients in multiple U.S. states; the largest shares by recipient state were Rhode Island (12%), Florida (10%), Mississippi (8%), New York (7%), and the District of Columbia (7%).

Grant Distribution by State

26states

Share of 2024 grant dollars across all 27 itemized grants.

Cities

LakelandBerkeleyClarksvilleDanvilleMiamiOneontaWichita FallsBoca RatonChicagoDaytona BeachFlintFort LauderdaleGainesvilleMelbourneMinneapolisMobileNew YorkWashingtonBaton RougeBoone

Is Lyford Cay Foundation Inc open to new grantees?

25%

first-time grantees, 2024

In 2024, 6 of 24 grantees (25%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $15K; repeat grants $19K. How we count

Medians: $15K first-time, $15K repeat.

  • 58% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+19%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M40 grants2020 23 grants2021 21 grants2022 18 grants2023 27 grants2024

From 2020 to 2024, annual grant giving ranged from $237K (2023) to $886K (2020). In 2024 it made 27 grants totaling $432K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Johnson & Wales University Providence, RIScholarship Assistance for Post-Secondary Education$40,000
Howard University Washington, DCScholarship Assistance for Post-Secondary Education$30,000
University of California at Berkeley Berkeley, CAScholarship Assistance for Post-Secondary Education$30,000
4 individual scholarships Recipients not named —$66,000
University of Southern Mississippi Hattiesburg, MSScholarship Assistance for Post-Secondary Education$20,000
Kettering University Flint, MIScholarship Assistance for Post-Secondary Education$19,500
Averett University Danville, VAScholarship Assistance for Post-Secondary Education$15,000
Bard College Annandaleonhudson, NYScholarship Assistance for Post-Secondary Education$15,000
Florida Southern College Lakeland, FLScholarship Assistance for Post-Secondary Education$15,000
Hartwick College Oneonta, NYScholarship Assistance for Post-Secondary Education$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$39,572,122$7,036,988$2,439,883$431,77027$3,345,661
2023$33,435,159$2,952,047$2,058,168$236,75018$405,858
2022$30,327,131$2,743,511$2,631,347$354,00021$309,005
2021$32,680,397$7,739,862$2,150,333$363,50023$5,877,275
2020$29,953,842$2,393,799$4,549,438$885,50040$651,043

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

Mission & Focus Areas

Lyford Cay Foundations states its vision is “Every Bahamian is empowered to reach his or her full potential” and its mission is to invest in learning opportunities for Bahamian children, families, young adults, and communities who will benefit from them most.

The foundation’s programs provide scholarships for international undergraduate, graduate, and technical or vocational study, as well as support for scholarships administered by the University of The Bahamas. Its F.O.C.U.S. initiative is an eight-year school enrichment programme intended to prepare under-resourced students for college and career success. Community grants support Bahamian non-profits offering learning experiences in areas including the arts, sports, environmental awareness, health-related issues, and economic and human resource development.

Examples of 2024 scholarship recipients include Johnson & Wales University, whose stated mission is to provide an education that supports professional success and lifelong personal and intellectual growth, and Bard College, which says it seeks to provide a challenging academic program and supportive environment. The filing also describes grants to not-for-profit organizations working to improve the education, health, and welfare of the communities they serve.

Grantmaking

In filing year 2024, the foundation reported 27 itemized grants totaling $431,770. Those grants ranged from $7,500 to $40,000, with a median of $15,000. The largest listed awards were $40,000 to Johnson & Wales University and $30,000 each to Howard University and the University of California at Berkeley; each was designated for scholarship assistance for post-secondary education.

The filing separately describes 44 scholarships totaling $631,168 for students attending 40 institutions, and community grants totaling $100,500 to 20 organizations. These program figures are distinct from the itemized grant total above. The filing also reports that F.O.C.U.S. served 242 students in 2024 at a total cost of $632,071.

For community grants, the foundation says applicants must be non-profit organizations registered in The Bahamas, the proposed project must take place there and align with the foundation’s mission, and the organization must report on the use and impact of funds. Applications are accepted through an application process, with three opportunities to apply each year. Applicants are asked for information including their legal status, purpose, board and organizational structure, a brief organizational or programme history, and a project proposal.

Scholarship applications are available once a year beginning in February. The foundation’s website describes its scholarships as partial awards for qualified Bahamian applicants pursuing study internationally. The 2024 filing states that scholarship applicants must be Bahamian citizens, be accepted at a college or university, meet a minimum GPA requirement, and submit an online application with supporting documentation.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Basil P. Goulandris as chair, Sarah A. Farrington as vice chair, Judith A. Whitehead as president, and John T. Crone IV as treasurer. Directors listed are Camille Barnett, Saskia D’Aguilar, Robin D’Alessandro, Jeffrey A. Everett, Ian D. Fair, and Jennifer Flanagan.

Lyford Cay Foundation Inc is led by Judith A. Whitehead, President since 2024 (on filings since 2020); none of the 19 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Judith A. Whitehead

    President

    Director → President, 2024

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Nicola Virgill-Rolle PhD

    Executive Director

    New on the 2024 filing

    50 hrs/week

    No compensation reported

  • Basil P. Goulandris

    Chair

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Ian D. Fair

    Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Jeffrey A. Everett

    Director

    President → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer Flanagan

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lady Camille Barnett

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nancy Kelly

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Patricia Thomson Leonard

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Philip Hillier

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Saskia D'aguilar

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Wendy Warren

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Robin D'alessandro

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Robin Symonette

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Susan Sanford

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Matthew Meehan

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • E. Parker Neave

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • John T. Crone IV

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sarah A. Farrington

    Vice Chair

    On filings since 2020

    7 hrs/week

    No compensation reported

Former officers (8)
  • Former: Lynn Holowesko Cbe Jp (2023) — Director
  • Former: Lynn Holowesko (2020–2022) — Director
  • Former: Arthur F. Coady (2020–2021) — Director
  • Former: Gregory A. Nihon (2020–2021) — Director
  • Former: Philippe Bonnefoy (2020–2021) — Director
  • Former: Alessandra Holowesko (2020) — Director
  • Former: Kylie A. Nottage (2020) — Director
  • Former: Norma T. Dana (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Lyford Cay Foundation Inc

How much does Lyford Cay Foundation Inc give each year?

Lyford Cay Foundation Inc gave $432K across 27 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $237K across 18 grants.

What is Lyford Cay Foundation Inc's typical grant size?

Lyford Cay Foundation Inc's median grant in 2024 was $15,000, and its average grant was $15,991, across 27 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Lyford Cay Foundation Inc that year got $15K on average.

Where does Lyford Cay Foundation Inc give grants?

Lyford Cay Foundation Inc's top state is Rhode Island, with 12% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Florida (10%) and Mississippi (8%).

Does Lyford Cay Foundation Inc give general operating support?

Not in 2024: none of the 27 grants with a stated purpose on Lyford Cay Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarship Assistance for Post-Secondary Education" (27 grants).

Who are Lyford Cay Foundation Inc's largest grantees?

Lyford Cay Foundation Inc's largest 2024 grantees include Johnson & Wales University ($40,000), Howard University ($30,000) and University of California at Berkeley ($30,000), according to its 2024 IRS Form 990. It also paid 4 individual scholarships ($66,000), which are not listed by name. Together they received 23% of its itemized 2024 grant dollars.

How large is Lyford Cay Foundation Inc?

Lyford Cay Foundation Inc reported $39.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.0M.

What does Lyford Cay Foundation Inc fund?

Lyford Cay Foundations states its vision is “Every Bahamian is empowered to reach his or her full potential” and its mission is to invest in learning opportunities for Bahamian children, families, young adults, and communities who will benefit from them most. See mission & focus areas ↑

How do I apply for a grant from Lyford Cay Foundation Inc?

Lyford Cay Foundation Inc has no public application process in the sources Grantable reviewed. Check lyfordcayfoundations.org for current guidelines, or contact the foundation directly before submitting a request.

What is Lyford Cay Foundation Inc's EIN?

Lyford Cay Foundation Inc's EIN (Employer Identification Number) is 23-7025275. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 16, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Lyford Cay Foundation Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/lyford-cay-foundation-inc-morg_99f272266fe9492baef2b9379dad43a9

BibTeX
@misc{grantable_237025275_2026,
  author       = {{Grantable}},
  title        = {{Lyford Cay Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/lyford-cay-foundation-inc-morg_99f272266fe9492baef2b9379dad43a9},
  note         = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Lyford Cay Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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