Lyford Cay Foundation Inc
Lyford Cay Foundation Inc is a public charity based in Greenwich, Connecticut. It is one of two legal entities in Lyford Cay Foundations, alongside The Canadian Lyford Cay Foundation. The Foundations support learning opportunities for Bahamian children, young adults, families, and communities, including international post-secondary scholarships, a school enrichment programme, and grants to Bahamian non-profits.
Key facts about Lyford Cay Foundation Inc
In short: Lyford Cay Foundation Inc gave $432K across 27 grants in 2024 (avg $16K), top state Rhode Island. 30% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 23-7025275
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $431,770
- Grants made (2024)
- 27
- Average grant
- $15,991
- Median grant
- $15,000
- New grantees (estimate)
- 30% first-time grantees (8 of 27, 2024)
- Total assets
- $39,572,122
- Primary geography
- Rhode Island (12% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$39.6M
+18.4% YoY
Annual Giving
$432K
+82.4% YoY
Grant Count
27
+50.0% YoY
Avg Grant Size
$16K
+21.6% YoY
Is Lyford Cay Foundation Inc open to new grantees?
30%
first-time grantees, 2024
In 2024, 8 of 27 grantees (30%) were first-time recipients. First grants averaged $14K; repeat grants $17K. How we count
Medians: $15K first-time, $15K repeat.
- 52% 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.
Mission & Focus Areas
Lyford Cay Foundations’ mission is “Investing in learning opportunities for Bahamian children, families, young adults and communities who will benefit from them the most.” Its vision is that every Bahamian is empowered to reach his or her full potential.
The Foundation provides academic, technical, and vocational scholarships for Bahamian students studying internationally. It also funds scholarships administered by the University of The Bahamas and operates F.O.C.U.S., an eight-year school enrichment programme for students. The Foundation’s community grants support Bahamian non-profits offering learning experiences in areas including arts, sports, environmental awareness, health, and economic and human resource development.
The 2024 filing describes scholarships for Bahamian students and grants to non-profit organizations seeking to improve the education, health, and welfare of the communities they serve. Among the 2024 recipients, Johnson & Wales University described its mission as providing an education that inspires professional success and lifelong personal and intellectual growth. Hartwick College said its purpose is to educate people to contribute to the future world, while Middle Georgia State University Foundation said it provides university and student resources to enhance the educational experience. These are the recipients’ stated missions, not the Foundation’s.
Grantmaking
In filing year 2024, the Foundation reported 27 itemized grants totaling $431,770. Individual grants ranged from $7,500 to $40,000, with a median of $15,000. Separately, the 2024 filing describes 44 scholarships granted to students at 40 institutions, totaling $631,168, and grants to 20 organizations totaling $100,500. It also reports that F.O.C.U.S. served 242 students at a cost of $632,071.
Open Grants
5 open opportunities from Lyford Cay Foundation Inc
Bahamas Billfish Championship Award
Lyford Cay Foundation Inc
Amount
Up to US $15,000 per year
Deadline
Rolling / Open
Harry C. Moore Memorial Scholarship In The Arts
Lyford Cay Foundation Inc
Amount
Up to US $15,000 per year
Deadline
Rolling / Open
The Nihon Family Scholarship
Lyford Cay Foundation Inc
Amount
Up to CAD $10,000 per year
Deadline
Rolling / Open
Ready to take the next step with Lyford Cay Foundation Inc?
Geographic Focus
Where this funder awards grants
The Foundations’ programmes support Bahamian students, communities, and non-profits. The website specifies that community-grant projects must take place in The Bahamas, while the scholarship programme supports study internationally. The 2024 itemized grants were distributed among recipients in multiple U.S. states; the largest state shares were Rhode Island (12%), Florida (10%), Mississippi (8%), New York (7%), and Washington, D.C. (7%).
Grant Distribution by State
Share of all 27 itemized 2024 grant dollars.
States
Cities
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
129 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JOHNSON & WALES UNIVERSITY Providence, RI | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $40,000 |
| HOWARD UNIVERSITY Washington, DC | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $30,000 |
| UNIVERSITY OF CALIFORNIA AT BERKELEY Berkeley, CA | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $30,000 |
| NORTH DAKOTA STATE UNIVERSITY Fargo, ND | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $25,000 |
| UNIVERSITY OF SOUTHERN MISSISSIPPI Hattiesburg, MS | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $20,000 |
| KETTERING UNIVERSITY Flint, MI | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $19,500 |
| AVERETT UNIVERSITY Danville, VA | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $15,000 |
| BARD COLLEGE Annandaleonhudson, NY | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $15,000 |
| FLORIDA SOUTHERN COLLEGE Lakeland, FL | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $15,000 |
| HARTWICK COLLEGE Oneonta, NY | SCHOLARSHIP ASSISTANCE FOR POST-SECONDARY EDUCATION | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Itemized grants |
|---|---|---|---|---|
| 2024 | $39,572,122 | $7,036,988 | $2,439,883 | $431,770 |
| 2023 | $33,435,159 | $2,952,047 | $2,058,168 | $236,750 |
| 2022 | $30,327,131 | $2,743,511 | $2,631,347 | $354,000 |
The filing reports 27 itemized grants in 2024, 18 in 2023, and 21 in 2022.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $39,572,122 | $33,435,159 | $30,327,131 |
| Revenue | $7,036,988 | $2,952,047 | $2,743,511 |
| Expenses | $2,439,883 | $2,058,168 | $2,631,347 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,345,661 | $405,858 | $309,005 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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.
Contact
Mailing address: 31 Brookside Drive, Greenwich, CT 06836
Phone: (242) 362-4910
Website: https://lyfordcayfoundations.org
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 filing. 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 filing. Organizations receiving their first grant from Lyford Cay Foundation Inc that year got $14K 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 filing. 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 filing 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 filing. 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 filing. Its revenue that year was $7.0M.
What does Lyford Cay Foundation Inc fund?
Lyford Cay Foundations’ mission is “Investing in learning opportunities for Bahamian children, families, young adults and communities who will benefit from them the most.” Its vision is that every Bahamian is empowered to reach his or her full potential. The Foundation provides academic, technical, and vocational scholarships for Bahamian students studying internationally. It also funds scholarships administered by the University of The Bahamas and operates F.O.C.U.S., an eight-year school enri…
How do I apply for a grant from Lyford Cay Foundation Inc?
In filing year 2024, the Foundation reported 27 itemized grants totaling $431,770. Individual grants ranged from $7,500 to $40,000, with a median of $15,000. Separately, the 2024 filing describes 44 scholarships granted to students at 40 institutions, totaling $631,168, and grants to 20 organizations totaling $100,500. It also reports that F.O.C.U.S. served 242 students at a cost of $632,071. The largest itemized awards included $40,000 to Johnson & Wales University, $30,000 each to Howard Univ…
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 September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Lyford Cay Foundation Inc by hand.
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