Davenport Charitable Trust
- Assets
- $10.0m
- Revenue
- $10.0m
- Investments
- $4.5m
- Employees
- 0
- Location
- Danville, VA
- Founding
- Data as of
- 12/2021
- EIN
- 87-2163052
Organization Overview
Davenport Charitable Trust is located in Danville, VA. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davenport Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles H Majors Trustee | 0.5 | $0 | |
R Stephen Wilkinson Trustee | 0.5 | $0 | |
American National Bank Trustee | 0.5 | $0 | |
Paul D Erwin Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,000,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $982 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,544,946 |
| 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 | $4,454,172 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,999,118 |
| 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 |
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|---|---|---|
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Third Option Foundation Reston, VA | $24,876,503 | $12,300,421 |
Hope For Justice Inc Nashville, TN | $1,240,056 | $3,979,236 |
All Hazards Consortium Inc Frederick, MD | $860,935 | $3,674,057 |
Supportive Housing Communities Inc Charlotte, NC | $5,021,475 | $3,897,502 |
The Green Chair Project Inc Raleigh, NC | $6,753,039 | $4,421,917 |
Transportation Management Assoc Group Franklin, TN | $1,822,075 | $3,775,674 |
Child First Authority Inc Baltimore, MD | $1,854,972 | $3,285,678 |
Partners In Evangelism Inc Frederick, MD | $1,428,668 | $3,376,635 |