Davis Family Foundation

Organization Overview

Davis Family Foundation is located in Yarmouth, ME. The organization was established in 1983. 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. Davis Family 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, Davis Family Foundation generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Davis Family Foundation has awarded 773 individual grants totaling $16,893,968. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AWARD GRANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ALLOCATED IN SUPPORT OF 501(C)(3) & GOVERNMENTAL ORGANIZATIONS. SEE SCHEDULE I FOR 2021 GRANTS APPROVED.


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Board, Officers & Key Employees

Name (title)Compensation
Yvonne B Mumme
Chief Finance And Administrative Officer
$50,861
Anne B Pringle
Trustee
$6,000
Al Noyes
Trustee
$6,000
Samuel M Dicapua
Trustee
$6,000
Edward L Dilworth III
Trustee
$6,000
Michael R Currie
Trustee
$6,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $1,152,872
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,726,274
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,904,982

Grants Awarded

Over the last fiscal year, Davis Family Foundation has awarded $2,435,861 in support to 96 organizations.

Grant RecipientAmount

UNIVERSITY OF NEW ENGLAND

Org PageRecipient Profile

Biddeford, ME

PURPOSE: Institute for Interprofessional Education and Practice

$150,000

AROOSTOOK MENTAL HEALTH SERVICES INC

Org PageRecipient Profile

Presque Isle, ME

PURPOSE: AMHC Expansion of Residential Adult Crisis Stabilization Unit in Aroostook County

$100,000

CENTRAL MAINE HEALTHCARE CORPORATION

Org PageRecipient Profile

Lewiston, ME

PURPOSE: CMH Cancer Care Center

$100,000

CHILDRENS CENTER EARLY INTERVENTION AND FAMILY SUPPORT

Org PageRecipient Profile

Augusta, ME

PURPOSE: "Champion in EVERY Child" Children's Center Expansion Project

$100,000

CHARLES A DEAN MEMORIAL HOSPITAL AND NURSING HOME

Org PageRecipient Profile

Greenville, ME

PURPOSE: Northern Light CA Dean - A Moosehead Legacy: Preserving the Promise

$75,000

FOUNDATION FOR MAINE'S COMMUNITY COLLEGES

Org PageRecipient Profile

South Portland, ME

PURPOSE: Washington County Community College Photovoltaic Panel System for Solar Energy Training

$60,590
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