Shelby Cullom Davis Charitable Fund Inc
- Assets
- $2.7b
- Revenue
- $143.7m
- Investments
- $2.7b
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2006
- Data as of
- 12/2023
- EIN
- 20-3734688
Organization Overview
Shelby Cullom Davis Charitable Fund Inc is located in Wilmington, DE. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Shelby Cullom Davis Charitable Fund Inc 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, Shelby Cullom Davis Charitable Fund Inc generated $143.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $117.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Shelby Cullom Davis Charitable Fund Inc has awarded 476 individual grants totaling $567,980,450. 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 |
|---|---|---|---|
Alida Davis Dir | 1 | $0 | |
Andrew A Davis Treas, Dir | 2 | $0 | |
Christopher C Davis Sec, Dir | 2 | $0 | |
Charles Cullom Davis Independent Dir | 1 | $0 | |
Lansing Davis Dir, Assistant Treas | 2 | $0 | |
Shelby Mc Davis Dir, Chairman | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
State Street | 12/30/23 | $541,425 |
Foundation Source | 12/30/23 | $170,961 |
Andrew Chmar | 12/30/23 | $56,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48,253 |
| Dividends & Interest | $68,311,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,456,405 |
| Capital Gain Net Income | $73,010,834 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,860,834 |
| Total Revenue | $143,676,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,662,787 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,551 |
| Printing and publications | $0 |
| Other expenses | $604,565 |
| Total operating and administrative expenses | $3,152,338 |
| Contributions, gifts, grants paid | $114,396,076 |
| Total expenses and disbursements | $117,548,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $325,293 |
| 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 | $29,339,520 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,147,682 |
| Total assets | $2,715,444,397 |
| 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, Shelby Cullom Davis Charitable Fund Inc has awarded $114,396,076 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
ARISE MEDIA INC PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
ARMAND HAMMER UNITED WORLD COLLEGE OF THE AMERICAN PURPOSE: THE GEIER INTERNATIONAL SCHOLARSHIP FUND, THE BARTOS INSTITUTE, THE PRESIDENT'S DISCRETIONARY FUND | $200,000 |
APPALACHIAN MOUNTAIN CLUB PURPOSE: 2023 TRAIL CREW PROGRAM IN THE ACADIA NATIONAL PARK | $10,000 |
ARMAND HAMMER UNITED WORLD COLLEGE OF THE AMERICAN PURPOSE: THE UWC FOREVER FUND, THE DAVIS SCHOLARS PROGRAM FUND | $26,000,000 |
ASSOCIATION FOR APPLIED AND THERAPEUTIC HUMOR PURPOSE: PEACE FELLOWS PROGRAM | $100,000 |