R L Davis Charitable Trust Fund Incorporated is located in Farmville, NC. The organization was established in 1944. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. R L Davis Charitable Trust Fund Incorporated 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 10/2020, R L Davis Charitable Trust Fund Incorporated generated $49.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $52.8k during the year ending 10/2020. While expenses have increased by 12.4% per year over the past 3 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 2020, R L Davis Charitable Trust Fund Incorporated has awarded 97 individual grants totaling $111,391. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEDICINE AND MEDICAL TREATMENT TO THE POOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Durwood Little Sec./treas. | 25 | $6,000 | |
Dr Bert Warren Jr President | 1 | $0 | |
Eric Pierce Director | 1 | $0 | |
Doug Henry Director | 1 | $0 | |
Charles Rice CPA Director | 1 | $0 | |
John Moore Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $30,698 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $49,841 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $6,000 |
Pension plans, employee benefits | $459 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $527 |
Printing and publications | $0 |
Total operating and administrative expenses | $20,126 |
Contributions, gifts, grants paid | $32,641 |
Total expenses and disbursements | $52,767 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $74 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, R L Davis Charitable Trust Fund Incorporated has awarded $46,109 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
PHARMVILLE DRUG PURPOSE: MEDICINE | $8,967 |
DRS WARREN AND HARDEE PURPOSE: MEDICAL | $7,924 |
VIDANT HEALTH PURPOSE: MEDICAL | $3,644 |
PHYSICIANS EAST PURPOSE: MEDICAL | $2,771 |
REVO SOLUTIONS PURPOSE: MEDICAL | $2,120 |
MY EYE DR PURPOSE: MEDICAL | $1,934 |
Organization Name | Assets | Revenue |
---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |