Skip to main content
Filing year 2024

THE LUCY C AYERS MEMORIAL FOUNDATION

Westerly, Rhode Island·EIN 46-4326190·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$42k
Total assets
$721k
Total expenses
$55k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Rhode Island.

Trustee
Board Member
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE LUCY C AYERS MEMORIAL FOUNDATION equaled 20% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
20%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$43k

Itemized grants

5

Median grant

$10k

RecipientLocationPurposeAmount
RHODE ISLAND COLLEGEPROVIDENCE, RINURSING PROGRAM$17k
Rhode Island College School of NursingProvidence, RISCHOLARSHIP GRANTS$12k
Salve Regina UniversityNewport, RINURSING PROGRAM$10k
COMMUNITY COLLEGE OF RHODE ISLANDWARWICK, RINURSING PROGRAM$3k
New England Institute of TechnologyEast Greenwich, RINURSING PROGRAM$850
Compare this foundation's grantees
Pay for the position

Board Member pay rose 12% from 2023 to 2024, while revenue fell 42%.

$10k in 2023 to $11k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE LUCY C AYERS MEMORIAL FOUNDATION

What does the Board Member of THE LUCY C AYERS MEMORIAL FOUNDATION earn?

In 2024, the Board Member of THE LUCY C AYERS MEMORIAL FOUNDATION received $10,991 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Rhode Island, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE LUCY C AYERS MEMORIAL FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Rhode Island, the 2024 pay of the Board Member at THE LUCY C AYERS MEMORIAL FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE LUCY C AYERS MEMORIAL FOUNDATION equaled 20% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE LUCY C AYERS MEMORIAL FOUNDATION's revenue and expenses?

In 2024, THE LUCY C AYERS MEMORIAL FOUNDATION reported $42k in total revenue and $55k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.