James L Davis Foundation Inc is located in Coral Springs, FL. The organization was established in 2019. 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. James L Davis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory R Tait President | 2.5 | $27,501 | |
Ronald Turner Treasurer | 1.5 | $10,615 | |
Michael Patkus Secretary | 1 | $7,680 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $22,377 |
Dividends & Interest | $79,197 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $237,053 |
Capital Gain Net Income | $237,053 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $25,912 |
Total Revenue | $364,539 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $45,796 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,272 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $32,879 |
Total operating and administrative expenses | $142,868 |
Contributions, gifts, grants paid | $325,000 |
Total expenses and disbursements | $467,868 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $216,984 |
Savings and temporary cash investments | $0 |
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 | $2,310,428 |
Net Land, buildings, and equipment | $0 |
Other assets | $131 |
Total assets | $8,261,748 |
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 |
Over the last fiscal year, James L Davis Foundation Inc has awarded $325,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
THE 410 BRIDGE INC PURPOSE: SOCIAL/WELFARE | $100,000 |
WORLD HELP PURPOSE: SOCIAL/WELFARE | $100,000 |
WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVANGELICALS PURPOSE: SOCIAL/WELFARE | $100,000 |
SEND RELIEF PURPOSE: SOCIAL/WELFARE | $25,000 |