Davis Memorial Fund Inc

Organization Overview

Davis Memorial Fund Inc is located in Lawrence, NY. The organization was established in 2004. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Davis Memorial Fund Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davis Memorial Fund Inc 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 12/2021, Davis Memorial Fund Inc generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $7.4m during the year ending 12/2021. While expenses have increased by 13.5% per year over the past 7 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 2014, Davis Memorial Fund Inc has awarded 53 individual grants totaling $1,925,430. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT CHARITABLE ACTIVITIES THROUGH FINANCIAL ASSISTANCE TO NEEDY FAMILIES AND DISADVANTAGED CHILDREN

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED DIRECT CASH ASSISTANCE TO NEEDY AS WELL AS DISCOUNT CERTIFICATES TO HELP WITH FOOD, CLOTHING, AND SHELTER COSTS AND PROVIDED ASSISTANCE TO PROVIDE SPECIAL EDUCATION FOR CHILDREN OF SINGLE PARENT FAMILIES


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Board, Officers & Key Employees

Name (title)Compensation
David Greenblatt
President
$0
Debbie Greenblatt
Vice President
$0
Dr Deborah Dienstag
Secretary
$0
Rabbi Yaakov Reisman
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,329
All other contributions, gifts, grants, and similar amounts not included above$8,882,211
Noncash contributions included in lines 1a–1f $404,488
Total Revenue from Contributions, Gifts, Grants & Similar$8,896,540
Total Program Service Revenue$0
Investment income $2,318
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,089
Net Gain/Loss on Asset Sales $4,412
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,909,359

Grants Awarded

Over the last fiscal year, Davis Memorial Fund Inc has awarded $54,450 in support to 5 organizations.

Grant RecipientAmount

CONGREGATION BAIS RUCHAMA

PURPOSE: GENERAL

$54,450
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Davis Memorial Fund Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Ip Foundation

Lawrence, NY

PURPOSE: GENERAL SUPPORT PURPOSES

$2,000
View Grant Recipient Profile

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