Lucy C Ayers Memorial Foundation

Organization Overview

Lucy C Ayers Memorial Foundation is located in Westerly, RI. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucy C Ayers Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lucy C Ayers Memorial Foundation generated $89.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $55.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Lucy C Ayers Memorial Foundation has awarded 29 individual grants totaling $260,274. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $17,524
Net Rental Income$0
Net Gain on Sale of Assets $72,351
Capital Gain Net Income $72,351
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $89,875

Grants Awarded

Over the last fiscal year, Lucy C Ayers Memorial Foundation has awarded $42,589 in support to 4 organizations.

Grant RecipientAmount

RHODE ISLAND COLLEGE

PURPOSE: NURSING PROGRAM

$18,123

UNIVERSITY OF RHODE ISLAND

PURPOSE: NURSING PROGRAM

$12,686

SALVE REGINA UNIVERSITY

Org PageRecipient Profile

Newport, RI

PURPOSE: NURSING PROGRAM

$10,874

NEW ENGLAND INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

East Greenwich, RI

PURPOSE: NURSING PROGRAM

$906
View Grant Profile

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