Arthur Vining Davis Foundation 2
- Assets
- $121.8m
- Revenue
- $5.6m
- Investments
- $118.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/1966
- Data as of
- 12/2021
- EIN
- 25-6041850
Organization Overview
Arthur Vining Davis Foundation 2 is located in Pittsburgh, PA. The organization was established in 1966. 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. Arthur Vining Davis Foundation 2 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, Arthur Vining Davis Foundation 2 generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 6 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 2014, Arthur Vining Davis Foundation 2 has awarded 235 individual grants totaling $25,902,232. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bny Mellon N A Coprorate Trustee | 1 | $258,369 | |
Dr Michael Murray President | 20 | $117,760 | |
John Churchill Director Of Programs | 20 | $64,768 | |
Tim Michel Treasurer | 16 | $62,805 | |
Adora Gross Secretary | 16 | $58,880 | |
Ann Bryan Special Projects Man | 12 | $34,509 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $321,816 |
| Dividends & Interest | $1,563,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,717,616 |
| Capital Gain Net Income | $3,717,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,602,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $497,814 |
| Other employee salaries and wages | $102,483 |
| Pension plans, employee benefits | $123,362 |
| Interest | $0 |
| Taxes | $97,769 |
| Depreciation | $0 |
| Occupancy | $31,649 |
| Travel, conferences, and meetings | $22,174 |
| Printing and publications | $0 |
| Other expenses | $60,905 |
| Total operating and administrative expenses | $1,425,533 |
| Contributions, gifts, grants paid | $3,460,926 |
| Total expenses and disbursements | $4,886,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,929,583 |
| 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 | $14,397 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,154,135 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $110,346 |
| Total assets | $121,779,866 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,977,342 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $32,432 |
| Total liabilities | $2,009,774 |
Grants Awarded
Over the last fiscal year, Arthur Vining Davis Foundation 2 has awarded $5,668,557 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER TO ADVANCE PALLIATIVE CARE PURPOSE: PALLIATIVE CARE | $500,156 |
New York, NY PURPOSE: PALLIATIVE CARE | $400,000 |
RARE PURPOSE: ENVIRONMENTAL ENGAGEMENT | $300,000 |
FRED ROGERS PRODUCTIONS PURPOSE: PUBLIC EDUCATIONAL MEDIA | $300,000 |
FRED ROGERS PRODUCTIONS PURPOSE: PUBLIC EDUCATIONAL MEDIA | $300,000 |
BRAVER ANGELS PURPOSE: PRIVATE HIGHER EDUCATION | $281,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |