Davis Fam Charitable Fndn
- Assets
- $29.2m
- Revenue
- $2.6m
- Investments
- $26.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2007
- Data as of
- 12/2020
- EIN
- 05-6149205
Organization Overview
Davis Fam Charitable Fndn is located in Boston, MA. The organization was established in 2007. 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 Fam Charitable Fndn 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 12/2020, Davis Fam Charitable Fndn generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Davis Fam Charitable Fndn has awarded 194 individual grants totaling $11,638,801. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Davis Macleod Trustee/program Officer | 20 | $73,961 | |
Jonathan G Davis Trustee | 1 | $0 | |
Margot T Davis Trustee | 0.5 | $0 | |
Stephen T Davis Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Partners Capital Investment Group Llc | 12/30/21 | $122,841 |
The Philanthropic Initiative | 12/30/21 | $105,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $841,938 |
| Interest on Savings | $131,867 |
| Dividends & Interest | $173,042 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,432,532 |
| Capital Gain Net Income | $1,663,134 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$23,910 |
| Total Revenue | $2,555,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,166 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $23,499 |
| Interest | $0 |
| Taxes | $17,673 |
| Depreciation | $0 |
| Occupancy | $12,555 |
| Travel, conferences, and meetings | $163 |
| Printing and publications | $0 |
| Other expenses | $272,262 |
| Total operating and administrative expenses | $609,270 |
| Contributions, gifts, grants paid | $1,988,500 |
| Total expenses and disbursements | $2,597,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,460,581 |
| 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 | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $26,349,947 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,239,304 |
| 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 Fam Charitable Fndn has awarded $2,203,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
WBUR BOSTON PURPOSE: CHARITABLE GIFT | $265,000 |
BOYS & GIRLS CLUBS BOSTON PURPOSE: CHARITABLE GIFT | $265,000 |
SAVE THE CHILDREN FEDERATION PURPOSE: CHARITABLE GIFT | $245,000 |
Waltham, MA PURPOSE: CHARITABLE GIFT | $210,000 |
Brookline, MA PURPOSE: CHARITABLE GIFT | $172,000 |
Boston, MA PURPOSE: CHARITABLE GIFT | $135,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |