Ken W Davis Foundation
- Assets
- $44.0m
- Revenue
- $2.3m
- Investments
- $42.9m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 01/1956
- Data as of
- 12/2022
- EIN
- 75-6012722
Organization Overview
Ken W Davis Foundation is located in Fort Worth, TX. The organization was established in 1956. 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. Ken W 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, Ken W Davis Foundation generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ken W Davis Foundation has awarded 578 individual grants totaling $7,403,725. 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 |
|---|---|---|---|
Tcullen Davis President | 15 | $0 | |
Elaine Mcmerchant Secretary | 15 | $0 | |
Elizabeth Kaufmann Treasurer | 5 | $0 | |
Alana Marsh Executive Committee Member | 1 | $0 | |
David Whitney Chairman Investment Commit | 2 | $0 | |
Bruce Brady Executive Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $916,672 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,145,304 |
| Capital Gain Net Income | $1,145,304 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $253,596 |
| Total Revenue | $2,315,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $119,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,264 |
| Total operating and administrative expenses | $451,182 |
| Contributions, gifts, grants paid | $2,729,625 |
| Total expenses and disbursements | $3,180,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,053 |
| Savings and temporary cash investments | $915,140 |
| 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 | $43,986,302 |
| 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, Ken W Davis Foundation has awarded $2,729,625 in support to 198 organizations.
| Grant Recipient | Amount |
|---|---|
A HAND UP FOR WOMEN PURPOSE: GENERAL OPERATING FUND | $10,000 |
ACCURACY IN MEDIA PURPOSE: GENERAL OPERATING FUND | $10,000 |
ACH CHILD & FAMILY SERVICES PURPOSE: COMMUNITY OUTREACH | $10,000 |
ADDY'S HOPE ADOPTION AGENCY PURPOSE: THEY WAIT PROGRAM | $15,000 |
ALASKA POLICY FORUM PURPOSE: WORKER FREEDOM INITIATIVE | $15,000 |
ALICE LLOYD COLLEGE PURPOSE: GENERAL OPERATIONS | $2,500 |