Davis Family Foundation Tr
- Assets
- $2.6m
- Revenue
- -$9.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 04-6907384
Organization Overview
Davis Family Foundation Tr is located in Boston, MA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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 Tr 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 12/2023, Davis Family Foundation Tr generated -$9.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $281.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Davis Family Foundation Tr has awarded 137 individual grants totaling $1,831,384. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Davis Trustee | 1 | $0 | |
Rita M Davis Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,999 |
| Dividends & Interest | $68,755 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$79,956 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$9,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $494 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,547 |
| Total operating and administrative expenses | $30,041 |
| Contributions, gifts, grants paid | $251,613 |
| Total expenses and disbursements | $281,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,357 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,205,560 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,081 |
| Total assets | $2,554,998 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Davis Family Foundation Tr has awarded $251,613 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
OYSTER HARBORS SCHOLARSHIP FUND PURPOSE: GENERAL | $500 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: GENERAL | $200,000 |
BRIDGE OVER TROUBLED WATERS PURPOSE: GENERAL | $8,550 |
PAN MASSACHUSETTS CHALLENGE INC PURPOSE: GENERAL | $6,000 |
RIVERS SCHOOL PURPOSE: GENERAL | $15,000 |
NAMI CAPE COD AND THE ISLANDS PURPOSE: GENERAL | $5,350 |