M E Davenport Fund A Private Foundation
- Assets
- $19.9m
- Revenue
- $1.3m
- Investments
- $19.0m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 06/1987
- Data as of
- 09/2024
- EIN
- 38-2646809
Organization Overview
M E Davenport Fund A Private Foundation is located in Grand Rapids, MI. The organization was established in 1987. 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. M E Davenport Fund A Private 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 09/2024, M E Davenport Fund A Private Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.1m during the year ending 09/2024. While expenses have increased by 17.2% per year over the past 5 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 2020, M E Davenport Fund A Private Foundation has awarded 51 individual grants totaling $3,757,426. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAVENPORT UNIVERSITY
PLANNED PARENTHOOD OF MI
SHIRAS INSTITUTE
WOMEN'S CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia A Sneden Trustee/pres. & Exec. Dire | 12 | $21,534 | |
Mary P Sullivan Trustee/secr., Treas.& Gra | 12 | $21,534 | |
Caitlin Feeley Trustee | 1 | $500 | |
Rob Sullivan Trustee | 1 | $500 | |
William Sullivan Trustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $498,186 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $838,390 |
| Capital Gain Net Income | $838,390 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,336,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,068 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $13,144 |
| Interest | $0 |
| Taxes | $48,948 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,940 |
| Printing and publications | $0 |
| Other expenses | $3,479 |
| Total operating and administrative expenses | $230,034 |
| Contributions, gifts, grants paid | $875,356 |
| Total expenses and disbursements | $1,105,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,007 |
| Savings and temporary cash investments | $736,191 |
| 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 | $988 |
| Net Investments - land, buildings, equipment | $76,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $39,362 |
| Total assets | $19,879,856 |
| Accounts payable and accrued expenses | $46,500 |
| Grants payable | $356 |
| 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 | $46,856 |
Grants Awarded
Over the last fiscal year, M E Davenport Fund A Private Foundation has awarded $875,356 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BEANTOWN BABY DIAPER BANK PURPOSE: GRANT TO PROVIDE FREE DIAPERSGRANT TO PROVIDE FREE DIAPERS | $5,000 |
CANTERBURY HOUSE PURPOSE: BUILDING CAPACITY TO MEET STUDENT NEEDS | $20,000 |
DAVENPORT UNIVERSITY PURPOSE: M.E. DAVENPORT LEGACY ENDOWMENT | $595,356 |
EPISCOPAL DIOCESE OF N MI PURPOSE: WALKING TOGETHER - TRAVELING EXHIBIT | $20,000 |
NORTHERN LIGHTS CHILD ADVOCACY CENTER PURPOSE: DIRECT SERVICE & CAPACITY BUILDING TO SERVE SURVIVORS | $30,000 |
PLANNED PARENTHOOD OF MI PURPOSE: UP PATIENT RECRUITMENT & MARKETING | $35,000 |