Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 22-2808952

ALICE S AYLING SCHOLARSHIP FOUNDATION

Tax-exempt · WOBURN, MA 01801

Financials

$2.1M$1.7M2023$543K$1.9M2024$5.9M$1.7M2025
Revenue Expenses · by fiscal year end
Financials of ALICE S AYLING SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$5,877,816$1,654,048$4,223,768$10,897,798$0$10,897,798
December 31, 2024990-PF$543,014$1,906,500-$1,363,486$6,680,791$0$6,680,791
December 31, 2023990-PF$2,075,812$1,668,023$407,789$8,040,882$0$8,040,882
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$698,490
Net gain from sales of assets
$5,179,326

Expenses

Grants and similar amounts paid
$1,450,000
Compensation of officers, directors and key employees
$188,572
Disbursements for charitable purposes
$1,547,887
Excise tax on investment income
$80,341

Balance sheet and other

Total assets, start of year
$6,680,791
Total assets, end of year
$10,897,798
Total liabilities, end of year
$0
Net assets, end of year
$10,897,798
Fair market value of assets
$22,579,599
Qualifying distributions
$1,547,887
Net investment income
$5,877,816

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD P HAMEL
C/O TYLER REYNOLDS 8 CEDAR STREET, WOBURN, MA 01801
TRUSTEE2$80,537
GERALD B O'GRADY III
C/O TYLER REYNOLDS 8 CEDAR STREET, WOBURN, MA 01801
TRUSTEE2$80,535
MICHAEL C ANDREWS
C/O TYLER REYNOLDS 8 CEDAR STREET, WOBURN, MA 01801
TRUSTEE2$27,500
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
RICHARD P HAMEL
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$98,600
GERALD B O'GRADY III
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$98,600
MICHAEL C ANDREWS
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$27,500
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RICHARD P HAMEL
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$57,910
GERALD B O'GRADY III
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$57,910
MICHAEL C ANDREWS
C/O TYLER REYNOLDS 77 SUMMER ST, BOSTON, MA 02110
TRUSTEE2$27,500

Address and contacts

Address (IRS master file)
8 CEDAR ST STE 55, WOBURN, MA 01801-6362
In care of
% SUMNER R ANDREWS TYLER & REYNOLDS
Signed the 990-PF
RICHARD HAMEL, TRUSTEE
Phone
(617) 695-9799
Return prepared by
WALTER SHUFFAIN ADVISORS INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-2808952
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,897,798
Income (IRS master file)
$8,505,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$5,877,816$1,654,048$10,897,798IRS
990-PFDecember 2024$543,014$1,906,500$6,680,791XML
990-PFDecember 2023$2,075,812$1,668,023$8,040,882XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2808952).

Questions about ALICE S AYLING SCHOLARSHIP FOUNDATION

What is the EIN of ALICE S AYLING SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of ALICE S AYLING SCHOLARSHIP FOUNDATION is 22-2808952.
Is ALICE S AYLING SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to ALICE S AYLING SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALICE S AYLING SCHOLARSHIP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ALICE S AYLING SCHOLARSHIP FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALICE S AYLING SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of ALICE S AYLING SCHOLARSHIP FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $80,537 (RICHARD P HAMEL, TRUSTEE).
How much revenue does ALICE S AYLING SCHOLARSHIP FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $5,877,816, expenses of $1,654,048 and total assets of $10,897,798 at year end.

Other nonprofits in WOBURN

All nonprofits in WOBURN · Massachusetts