William H Davis & Dorothy M Davis & William C Davis Foundation
- Assets
- $40.3m
- Revenue
- $3.0m
- Investments
- $5.8m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 31-1372548
Organization Overview
William H Davis & Dorothy M Davis & William C Davis Foundation is located in Columbus, OH. The organization was established in 1993. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. William H Davis & Dorothy M Davis & William C 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 12/2022, William H Davis & Dorothy M Davis & William C Davis Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William H Davis & Dorothy M Davis & William C Davis Foundation has awarded 443 individual grants totaling $25,971,417. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS EDUCATION, HEALTHCARE AND CHILDRENS ISSUES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH
SOCIAL SERVICES
ADVANCING PHILANTHROPY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Lucas Vice Chair/treas/trustee | OfficerTrustee | 1 | $0 |
Ronald L Whisler MD Vice President/trustee | OfficerTrustee | 1 | $0 |
James L Nichols Vice Chair/treas/trustee | OfficerTrustee | 2 | $0 |
Jacquelyn L Wells Chair/pres/trustee | OfficerTrustee | 1 | $0 |
Chase P Wells Trustee/secretary | OfficerTrustee | 1 | $0 |
Douglas F Kridler Asst Secretary/asst Treas/trustee | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $744,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $158,146 |
| Net Gain/Loss on Asset Sales | $2,120,440 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,023,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,989,850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $94,022 |
| Fees for services: Legal | $53,211 |
| Fees for services: Accounting | $6,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,672 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,155,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $513,412 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $905,747 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,181 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $33,031,568 |
| Investments—other securities | $5,799,598 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,296,719 |
| Accounts payable and accrued expenses | $1,095 |
| Grants payable | $7,832,200 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,833,295 |
| Net assets without donor restrictions | $32,463,424 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,296,719 |
Grants Awarded
Over the last fiscal year, William H Davis & Dorothy M Davis & William C Davis Foundation has awarded $1,011,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS CENTRAL AND SOUTHERN PURPOSE: SOCIAL SERVICES | $12,500 |
ALVIS INC PURPOSE: NEIGHBORHOOD | $25,000 |
2ND & 7 FOUNDATION PURPOSE: EDUCATION | $25,000 |
BIG GREEN SCHOLARSHIP FOUNDATION PURPOSE: EDUCATION | $30,000 |
CHARITABLE PHARMACY OF CENTRAL OHIO PURPOSE: HEALTH | $50,000 |
COLUMBUS FOUNDATION PURPOSE: ADVANCING PHILANTHROPY | $15,000 |