The Lucy C Ayers Memorial Foundation

WESTERLY, RI EIN: 46-4326190

The Lucy C Ayers Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTERLY, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $721K in total assets. In 2024, it awarded 5 grants totaling $43K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$721K

-1.5% YoY

Annual Giving

$43K

+11.1% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$9K

+11.1% YoY

About The Lucy C Ayers Memorial Foundation

Based on IRS filings

The Lucy C Ayers Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTERLY, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $721K in total assets. In 2024, it awarded 5 grants totaling $43K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

East GreenwichKingstonNewportProvidenceWarwick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$49K$74K$99K20202021202220232024
Metric202420232022
Total Assets$720,665$731,940$709,065
Revenue$41,844$72,315$46,453
Expenses$55,426$49,396$61,671
Qualifying Distributions$47,427$42,688$52,422
Net Investment Income$34,425$40,556$39,214
Distributable Amount$45,303$38,405$39,358

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K5 grants20204 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

RHODE ISLAND COLLEGE$17KRhode Island College Sch…$12KSalve Regina University$10KCOMMUNITY COLLEGE OF RHO…$3KNew England Institute of…$850

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

The Washington Trust…Trustee$11K

From 2024 filing

NameTitleHoursCompensation
The Washington Trust CompanyTrustee1$10,991

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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