No 1938 Team Photo Available.
The 1938 First Grade team finished in 5th place.
The Intermediate Grade (Under 20s) reached the Preliminary Final against Eastlake.
- Final score: Ainslie 6.7-43 def by Eastlake 9.10-64
- Best: Mason, Reid, Scott, Jones
- Goal-kickers: Mason 2, Rochford 1, Mulligan 1, Scott 1, Reid 1
Final score: Ainslie 7.10-52 def Queanbeyan 3.1-19
The Preliminary Final Intermediate Team was:
- Moore (Capt)
- Scott
- Torrance
- Jones
- Kruger
- Robertson
- Bennett
- Smith
- Baker
- Hall
- Mason
- Kennedy
- Taylor
- Mulligan
- Law
- Rochford
- Kelly
- Reid
- Edwards
- Cleary
- Vant
Ainslie defeated Manuka in the Semi-Final 7.17-59 to 6.10-46
The Ainslie Juniors won the Premiership defeating Queanbeyan.
Final score: Ainslie 7.10-52 def Queanbeyan 3.1-19
Club Office Bearers
- President: T. Gillard
- Treasurer: M.F. Kildea
- Captain of Intermediate Grade: Curtis Moore
Club Awards
- Best & Fairest – Hibberson Cup: Don Moore
- Most Consistent Player: Tom Evans
Intermediates Awards
- Fairest and Most Effective: Curtis Moore
- Most Improved Player: Clarrie Rochford
- Most Consistent Player : Russell Kennard
Junior Awards
- Best & Fairest: Alan Stevens
- Most Consistent Player: Bob Kennard