Davis Family Foundation
- Assets
- $4.7m
- Revenue
- $202.2k
- Investments
- $4.6m
- Employees
- 0
- Location
- Greenwood, SC
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 58-2432024
Organization Overview
Davis Family Foundation is located in Greenwood, SC. The organization was established in 2001. 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. Davis 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, Davis Family Foundation generated $202.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $385.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Davis Family Foundation has awarded 465 individual grants totaling $1,594,592. 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 |
|---|---|---|---|
Stephen L Davis Chair & Treasurer | 0.1 | $0 | |
Cheri Tapager Vice Chair | 0.1 | $0 | |
Hunter M Davis Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $94,631 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,598 |
| Capital Gain Net Income | $107,598 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $202,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,094 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $59,150 |
| Contributions, gifts, grants paid | $326,681 |
| Total expenses and disbursements | $385,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,956 |
| Savings and temporary cash investments | $34,166 |
| 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 | $2,038,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,703,396 |
| 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, Davis Family Foundation has awarded $326,681 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $1,000 |
ARTISPHERE (GREENVILLE ARTS FESTIVAL) PURPOSE: GENERAL SUPPORT | $5,000 |
ASCE FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,500 |
BEAUFORT COUNTY OPEN LAND TRUST PURPOSE: GENERAL SUPPORT | $1,500 |
CAMBRIDGE ACADEMY PURPOSE: GENERAL SUPPORT | $2,000 |