Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597
- Assets
- $52.9m
- Revenue
- $2.9m
- Investments
- $49.7m
- Employees
- 0
- Location
- Southeastern, PA
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 23-7871419
Organization Overview
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 is located in Southeastern, PA. The organization was established in 1997. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 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, Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 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, Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 has awarded 299 individual grants totaling $23,866,510. 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 |
|---|---|---|---|
Scott D Davenport Trustee | 7 | $75,000 | |
Cynthia L Borger Trustee | 7 | $75,000 | |
Sandra Simpson Trustee | 7 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,241,088 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,639,882 |
| Capital Gain Net Income | $1,639,882 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,880,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $225,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,032 |
| Total operating and administrative expenses | $507,992 |
| Contributions, gifts, grants paid | $2,548,127 |
| Total expenses and disbursements | $3,056,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,762 |
| Savings and temporary cash investments | $3,205,677 |
| 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 | $13,271,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,933,546 |
| 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, Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 has awarded $2,548,127 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
REACH RIVERSIDE PURPOSE: INFRASTRUCTURE SUPPORT | $152,353 |
CHESTER COUNTY FOOD BANK PURPOSE: MEALS ON WHEELS AND SUNSHINE PROGRAM SUPPORT | $100,819 |
FIGHTING BACK SCHOLARSHIP PROGRAM PURPOSE: SUPPORT OF A SCHOLARSHIP | $11,000 |
KIND TO KIDS FOUNDATION PURPOSE: U-GRAD PROGRAM SUPPORT | $25,000 |
KALMAR NYCKEL FOUNDATION PURPOSE: SAILS FOR THE SHIP | $25,000 |
BRANDYWINE RIVER MUSEUM & CONSERVANCY PURPOSE: RENOVATIONS TO THE SITE OF THE BATTLE OF BRANDYWINE | $131,064 |