Holbrook R & Sarah M Davis Foundation
- Assets
- $1.2m
- Revenue
- $21.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- Cotuit, MA
- Founding
- 07/1982
- Data as of
- 12/2023
- EIN
- 04-2728175
Organization Overview
Holbrook R & Sarah M Davis Foundation is located in Cotuit, MA. The organization was established in 1982. 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. Holbrook R & Sarah M Davis 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 12/2023, Holbrook R & Sarah M Davis Foundation generated $21.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $59.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Holbrook R & Sarah M Davis Foundation has awarded 201 individual grants totaling $203,800. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah H Davis President | 0 | $0 | |
Maynard K Davis Treasurer | 0 | $0 | |
Caleb N Davis Vice President | 0 | $0 | |
Marilyn A Moran Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,950 |
| Dividends & Interest | $25,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,632 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $806 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $546 |
| Total operating and administrative expenses | $3,602 |
| Contributions, gifts, grants paid | $56,000 |
| Total expenses and disbursements | $59,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,540 |
| 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 | $1,179,307 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,186,847 |
| 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, Holbrook R & Sarah M Davis Foundation has awarded $56,000 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK CENTER FOR LOON CONSERVATION PURPOSE: CHARITABLE | $500 |
A BABY CENTER PURPOSE: CHARITABLE | $500 |
ADIRONDACK FOLK SCHOOL PURPOSE: CHARITABLE | $500 |
ADIRONDACK MOUNTAIN CLUB PURPOSE: CHARITABLE | $500 |
ADIRONDACK LAKES CENTER FOR THE ARTS PURPOSE: CHARITABLE | $500 |
ALLIANCE FOR TOMPOTIKA CONSERVATION PURPOSE: CHARITABLE | $1,000 |