James L Davis Foundation Inc is located in Coral Springs, FL. The organization was established in 2019. 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. James L Davis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory R Tait President | 2.5 | $27,501 | |
Ronald Turner Treasurer | 1.5 | $10,615 | |
Michael Patkus Secretary | 1 | $7,680 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,377 |
| Dividends & Interest | $79,197 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $237,053 |
| Capital Gain Net Income | $237,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,912 |
| Total Revenue | $364,539 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,796 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,879 |
| Total operating and administrative expenses | $142,868 |
| Contributions, gifts, grants paid | $325,000 |
| Total expenses and disbursements | $467,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,984 |
| 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 | $2,310,428 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $131 |
| Total assets | $8,261,748 |
| 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, James L Davis Foundation Inc has awarded $325,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE 410 BRIDGE INC PURPOSE: SOCIAL/WELFARE | $100,000 |
WORLD HELP PURPOSE: SOCIAL/WELFARE | $100,000 |
WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVANGELICALS PURPOSE: SOCIAL/WELFARE | $100,000 |
SEND RELIEF PURPOSE: SOCIAL/WELFARE | $25,000 |