Arthur Vining Davis Foundation
- Assets
- $217.3m
- Revenue
- $23.0m
- Investments
- $213.2m
- Employees
- 0
- Location
- Ponte Vedra Beach, FL
- Founding
- 10/1965
- Data as of
- 12/2021
- EIN
- 59-6159693
Organization Overview
Arthur Vining Davis Foundation is located in Ponte Vedra Beach, FL. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Arthur Vining 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 12/2021, Arthur Vining Davis Foundation generated $23.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 13.0% per year over the past 6 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, Arthur Vining Davis Foundation has awarded 617 individual grants totaling $63,637,260. 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 |
|---|---|---|---|
Truist Bank Corporate Trustee | 2 | $658,344 | |
Dr Michael Murray President | 20 | $256,058 | |
John Churchill Director Of Programs | 20 | $152,427 | |
Tim Michel Chief Financial Officer | 16 | $149,314 | |
Adora Gross Secretary | 1 | $143,450 | |
Ann Bryan Special Project Mana | 12 | $85,607 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Suntrust Banks Inc | 12/30/14 | $434,394 |
Legg Mason Inc | 12/30/14 | $59,567 |
Suntrust Banks Inc | 12/30/14 | $434,394 |
Legg Mason Inc | 12/30/14 | $59,567 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $456,622 |
| Dividends & Interest | $1,980,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,598,503 |
| Capital Gain Net Income | $20,598,503 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,035,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,207,166 |
| Other employee salaries and wages | $172,924 |
| Pension plans, employee benefits | $70,505 |
| Interest | $0 |
| Taxes | $354,710 |
| Depreciation | $0 |
| Occupancy | $53,890 |
| Travel, conferences, and meetings | $37,757 |
| Printing and publications | $0 |
| Other expenses | $380,483 |
| Total operating and administrative expenses | $2,391,011 |
| Contributions, gifts, grants paid | $8,547,953 |
| Total expenses and disbursements | $10,938,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,882 |
| Savings and temporary cash investments | $3,806,866 |
| 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 | $24,514 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,293,718 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $129,632 |
| Total assets | $217,344,352 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,479,976 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $61,850 |
| Total liabilities | $6,541,826 |
Grants Awarded
Over the last fiscal year, Arthur Vining Davis Foundation has awarded $11,858,202 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL OPERATING | $1,000,000 |
Washington, DC PURPOSE: GENERAL OPERATING | $500,000 |
WJCT PURPOSE: GENERAL OPERATING | $500,000 |
CERES PURPOSE: GENERAL OPERATING | $500,000 |
RICE UNIVERSITY PURPOSE: GENERAL OPERATING | $500,000 |
WETAFLORENTINE FILMS PURPOSE: GENERAL OPERATING | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Marie-Josee And Henry R Kravis Foundation West Palm Beach, FL | $65,193,748 | $101,287,799 |
Peter@degeorge Family Foundation Inc Palm Beach Gardens, FL | $1,828,456 | $678,712 |
The Batchelor Foundation Inc Miami Beach, FL | $358,630,434 | $9,326,509 |
Lettie Pate Evans Foundation Inc Atlanta, GA | $69,308,402 | $17,897,458 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL | $355,586,591 | $19,852,168 |
James M Cox Foundation Of Ga Inc Atlanta, GA | $0 | $81,966,247 |
Georgia Power Foundation Inc In Receivership Atlanta, GA | $222,309,509 | $29,809,906 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |