Davlin Foundation Inc is located in Wayland, MA.
For the year ending 03/2017, Davlin Foundation Inc generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $81.1k during the year ending 03/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DAVLIN FOUNDATION, A 501(C)3 NON-PROFIT, PRIVATE FOUNDATION, IS THE PHILANTHROPIC ARM OF THE DAVLIN PHILANTHROPIC FUNDS. THE DAVLIN FOUNDATION HAS TWO PRIMARY GOALS. THE FIRST IS TO RECEIVE CHARITABLE DONATIONS FROM THE DAVLIN FUND; AND, WITH GUIDANCE FROM INVESTORS, TO DISBURSE THOSE DONATIONS IN THE FORM OF COST-EFFECTIVE GRANTS TO ELIGIBLE 501(C)3 PHILANTHROPIC CHARITIES. THE SECOND GOAL IS TO FOCUS ON DONOR EDUCATION BY PROMOTING SUSTAINABLE GIVING: THAT IS, INCREASED, STRATEGIC AND COST-EFFECTIVE CHARITABLE GIVING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James F Dwinell III Chair Of Board | 0.25 | $0 | |
William E B Davlin President, Trustee | 2 | $0 | |
Claire L Gaudiani Director | 0.25 | $0 | |
G Keith Funston Jr Director | 0.25 | $0 | |
George E Mccully Director | 0.25 | $0 | |
Theodore M Perry Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,624 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $562 |
| Total operating and administrative expenses | $2,062 |
| Contributions, gifts, grants paid | $79,012 |
| Total expenses and disbursements | $81,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
Over the last fiscal year, Davlin Foundation Inc has awarded $79,012 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ACCCESSPORTAMERICA INC PURPOSE: GENERAL OPERATIONS | $200 |
ACTOR'S FUND OF AMERICA PURPOSE: GENERAL OPERATIONS | $200 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL OPERATIONS | $2,700 |
ASPCA PURPOSE: GENERAL OPERATIONS | $200 |
BAY COVE HUMAN SERVICES INC PURPOSE: GENERAL OPERATIONS | $400 |
BELMONT HILL SCHOOL PURPOSE: GENERAL OPERATIONS | $200 |