Louise M Davies Foundation
- Assets
- $22.8m
- Revenue
- $596.9k
- Investments
- $21.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/1974
- Data as of
- 12/2022
- EIN
- 23-7359841
Organization Overview
Louise M Davies Foundation is located in San Francisco, CA. The organization was established in 1974. 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. Louise M Davies 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 12/2022, Louise M Davies Foundation generated $596.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louise M Davies Foundation has awarded 167 individual grants totaling $3,111,750. 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 |
|---|---|---|---|
Philip Hudner Director | 22 | $102,500 | |
Ann C Matthews Secretary | 1 | $0 | |
Philip Hudner President | 1 | $0 | |
Ann Matthews Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 12/30/22 | $63,411 |
First Republic Securities Company Llc | 12/30/22 | $48,414 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $726,815 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$129,920 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $596,895 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $102,500 |
| Other employee salaries and wages | $68,985 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $93,000 |
| Depreciation | $0 |
| Occupancy | $12,381 |
| Travel, conferences, and meetings | $242 |
| Printing and publications | $0 |
| Other expenses | $14,965 |
| Total operating and administrative expenses | $464,578 |
| Contributions, gifts, grants paid | $872,750 |
| Total expenses and disbursements | $1,337,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,218 |
| Savings and temporary cash investments | $194,359 |
| 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 | $248,015 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $983,300 |
| Total assets | $22,828,228 |
| 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, Louise M Davies Foundation has awarded $872,750 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHBISHOP RIORDAN HIGH SCHOOL FUND PURPOSE: GENERAL SUPPORT | $10,000 |
BAY AREA SCHOLARHIPS FOR INNER-CITY PURPOSE: SCHOLARHIPS TO CATHOLIC KINDERGARTEN THROUGH 8TH GRADE SCHOOLS IN SAN FRANCISCO | $25,000 |
CATHEDRAL OF ST MARY OF THE ASSUMPT PURPOSE: SUPPORT DOCENT SCHOOL PROGRAM AND CATHOLIC SCHOOL CHOIR PROJECT | $15,000 |
DOMINICAN SISTERS OF MISSION SAN JO PURPOSE: SUPPORT OFFICE OF SCHOOL DEVELOPMENT | $10,000 |
CORPUS CHRISTI CATHOLIC CHURCH PURPOSE: BUILDING MAINTENANCE | $5,000 |
ECOLE NOTRE DAME DES VICTOIRES PURPOSE: TUITION ASSISTANCE AND OPERATIONAL EXPENSES | $20,000 |