The Davig Family Foundation
- Assets
- $12.7k
- Revenue
- $6.0k
- Investments
- $11.7k
- Employees
- 0
- Location
- Holmen, WI
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 39-4392756
Organization Overview
The Davig Family Foundation is located in Holmen, WI. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Davig Family 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, Davig Family Foundation generated $6.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $8.3k during the year ending 12/2022. While expenses have increased by 13.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Davig President | 0 | $0 | |
Larry Davig Treasurer | 0 | $0 | |
Edward Davig Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $251 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,530 |
| Capital Gain Net Income | $1,530 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,981 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $122 |
| Contributions, gifts, grants paid | $8,130 |
| Total expenses and disbursements | $8,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163 |
| Savings and temporary cash investments | $802 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,706 |
| 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, The Davig Family Foundation has awarded $8,130 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TRENTON DAVIG PURPOSE: SCHOLARSHIP FOR UNIVERSITY OF WISCONSIN MADISON | $1,000 |
RYAN HUESMANN PURPOSE: SCHOLARSHIP FOR SOUTH DAKOTA STATE UNIVERSITY | $4,000 |
COUNTRY COON PRAIRIE CHURCH PRESERV PURPOSE: DONATION FOR CHURCH PRESERVATION | $3,130 |