Millsdavis Foundation
- Assets
- $11.6m
- Revenue
- $455.1k
- Investments
- $11.6m
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-3141868
Organization Overview
Millsdavis Foundation is located in Saint Paul, MN. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Millsdavis 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, Millsdavis Foundation generated $455.1k 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 (20.7%) each year. All expenses for the organization totaled $841.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Millsdavis Foundation has awarded 108 individual grants totaling $2,508,887. 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 |
|---|---|---|---|
John L Davis President/director | 1 | $0 | |
Joel Fc Davis Vice President/director | 1 | $0 | |
Jaina A Davis Secretary/director | 1 | $0 | |
Chrystal Vang Director | 1 | $0 | |
Bette D Moorman Deceased 2015 Former President/director | 0 | $0 | |
Haley D Davis Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $0 |
| Dividends & Interest | $384,350 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37,743 |
| Capital Gain Net Income | $148,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $108,365 |
| Total Revenue | $455,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,085 |
| Total operating and administrative expenses | $128,383 |
| Contributions, gifts, grants paid | $713,010 |
| Total expenses and disbursements | $841,393 |
| 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 | $1,773,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,647,692 |
| 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, Millsdavis Foundation has awarded $713,010 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS IN EDUCATION OF THE GORGE (AIEG) PURPOSE: AWAKENING JOY: THROUGH THE ARTS, THE NATURAL WORLD AND COMMUNITY | $25,000 |
CHILDREN'S HEALING PROJECT PURPOSE: PROVIDING IN-PERSON HEALING ART EXPERIENCES TO UNDERSERVED CHILDREN AND FAMILIES | $26,000 |
COLUMBIA LAND TRUST PURPOSE: CONSERVATION AGENDA PHASE 2 | $15,000 |
COMMUNITY SUPPORTED SHELTERS PURPOSE: EXPRESSWAY SAFE SPOT HOMELESS CAMP RESTORATION | $24,682 |
DOERNBECHER CHILDRENS HOSPITAL FOUNDATION PURPOSE: NOVEL INTERVENTIONS IN CHILDRENS HEALTHCARE (NICH) | $25,004 |
EUGENE PEACEWORKS PURPOSE: KEPW 97.3FM PEACEWORKS YOUTH RADIO PROJECT | $12,808 |