Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
This program supports projects at four-year residential liberal arts institutions that improve student outcomes or enhance faculty leadership. The foundations prioritize academic quality and financial stability, seeking to strengthen America's intellectual life through philanthropy. The application is a two-stage process beginning with a mandatory Letter of Inquiry (LOI).
Arthur V Davis Foundation Pf 3 is a private trust based in PONTE VEDRA BEACH, FL. The foundation received its IRS ruling in 1965. The principal officer is Timothy Michel. It holds total assets of $193.4M. Annual income is reported at $60.5M. Total assets have grown from $133.2M in 2011 to $193.4M in 2024. The foundation is governed by 14 officers and trustees. Tax records are available from 2014 to 2024. The foundation primarily funds organizations in Florida, Massachusetts and Virginia. According to available records, Arthur V Davis Foundation Pf 3 has made 190 grants totaling $31.9M, with a median grant of $10K. The foundation has distributed between $7.1M and $17.3M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $17.3M distributed across 2 grants. Individual grants have ranged from $150 to $8.7M, with an average award of $168K. The foundation has supported 174 unique organizations. The foundation primarily supports organizations in Florida, District of Columbia, Massachusetts, which account for 41% of all grants. Grantmaking reaches organizations across 26 states. Contributions to this foundation are tax-deductible.
The Arthur Vining Davis Foundations (AVDF) operates as a disciplined, mission-focused private foundation with $193M in assets and roughly $9-14M in annual giving. Based in Ponte Vedra Beach, FL, AVDF was founded in 1952 with proceeds from Arthur Vining Davis, a co-founder of Alcoa, and today functions as a trust governed by family members (Serena Davis Hall chairs the board) with Truist Bank and Bank of America serving as corporate trustees.
The foundational giving philosophy is institution-building through discrete project support. AVDF explicitly does not fund general operating support, capital campaigns, endowments, individual scholarships, or direct service programs such as housing or food pantries. Every grant must be tied to a defined project with specific outcomes and a realistic timeline — a philosophy that rewards applicants who can articulate clear deliverables and evaluation methods.
Of the five program areas — Private Higher Education, Public Educational Media, Interfaith Leadership & Religious Literacy, Environmental Solutions, and Palliative Care — only Private Higher Education accepts open applications. The other four programs are invitation-only or partnership-based. First-time applicants without an established AVDF relationship must begin through Private Higher Education's LOI portal.
The prototypical AVDF grantee in higher education is a small-to-mid-size, four-year, residential liberal arts institution with a strong undergraduate teaching mission: Davidson College ($281,500), Albion College ($265,000), Eckerd College ($198,995), Westmont College ($242,465), Ohio Wesleyan University ($150,003), and Meredith College ($227,395) exemplify the model recipient. The foundation also funds national higher education organizations that serve this ecosystem: Council of Independent Colleges ($200,000), Association of American Colleges & Universities ($179,932), and Institute for Citizens & Scholars ($150,000) illustrate the network-level giving.
Relationship progression is determined by proposal quality rather than relationship cultivation — the foundation does not entertain pre-application consultations. However, demonstrated execution quality earns repeat grants, as seen with WJCT ($555,000 across two grants), BridgeUSA ($345,000 combined), and Marine Biological Laboratory ($304,968 across two grants). Organizations that receive a first grant and deliver strong results position themselves well for future invited funding in other program areas.
AVDF's annual giving has ranged from $8.3M to $14.0M over the past decade, driven primarily by investment income on its ~$193M asset base. The five-year trend shows: FY2020 $14.0M (peak), FY2021 $10.9M, FY2022 $10.8M, FY2023 $9.2M, with FY2024 total giving not yet reported (assets grew to $193.4M). The foundation distributes roughly 5-7% of assets annually, consistent with the 5% minimum payout requirement for private foundations.
For the Private Higher Education program — the one open to new applicants — stated grant ranges are $25,000 to $300,000, with larger requests considered on a case-by-case basis. The Transfer Pathways sub-initiative offers planning grants up to $25,000 and implementation grants up to $350,000. Multi-year grants are common. Individual institution grants in the grantee database cluster between $150,000 and $280,000: Davidson College ($281,500), Albion College ($265,000), Westmont College ($242,465), Mount St. Joseph University ($245,000), Meredith College ($227,395), Belmont University ($200,000), and Warren Wilson College ($150,000) illustrate the typical range.
Interfaith Leadership grants (invitation-only) fall between $100,000 and $300,000: Interfaith Youth Core / Interfaith America received $255,000 and $245,000; The Veritas Forum received $282,450; Fellowship of Catholic University Students received $200,000; and BridgeUSA received a combined $345,000 across two grants.
Environmental Solutions grants (invitation-only) tend toward the larger end: Conservation X Labs ($350,000), RARE ($350,000), National Fish & Wildlife Foundation ($350,000), World Wildlife Fund ($300,000), Potential Energy Coalition ($500,000), and Ceres ($250,000) reflect grants at the $250,000-$500,000 range.
Public Educational Media grants (invitation-only) are the largest single awards: PBS Foundation ($494,250 combined), WGBH ($400,000), WJCT ($555,000 combined), WETA ($607,500 combined across three entries), reflecting multi-year production commitments. Geographically, Florida leads (38 grants in database), followed by Massachusetts (24), Virginia (23), New York (17), and DC (15) — reflecting a national footprint with regional concentration in AVDF's home state and major media/education markets.
| Foundation | Assets (approx.) | Annual Giving (approx.) | Primary Focus | Application |
|---|---|---|---|---|
| Arthur Vining Davis Foundations | $193M | $9-14M | Liberal arts higher ed, public media, interfaith, environment | LOI required (higher ed only open) |
| Jessie Ball duPont Fund | ~$375M | ~$18M | Education, religion, community (Southeast U.S.) | Open (most programs) |
| Henry Luce Foundation | ~$950M | ~$45M | Higher ed, religion/theology, Asia policy, photography | Mostly invitation-only |
| Spencer Foundation | ~$600M | ~$28M | Education research, practitioner inquiry | Open (research grants) |
| Bush Foundation | ~$700M | ~$30M | Leadership development, higher ed (MN/ND/SD/tribal nations) | Open |
AVDF occupies a distinctive mid-market niche among education-focused private foundations. Its $193M asset base and tight five-program structure make it smaller than Luce, Spencer, or Bush — but its focused priorities and low overhead (five-month review cycle, small staff) mean it deploys capital with considerable intentionality. Unlike the Jessie Ball duPont Fund, which broadly serves the Southeast with open applications across multiple sectors, AVDF is a national funder with program-level precision. The Henry Luce Foundation is the closest philosophical peer — both emphasize liberal arts, religion, and public life — but Luce operates at nearly 5x AVDF's scale and skews toward invited, relationship-based grantmaking even more aggressively. Spencer and Bush are more accessible comparables for organizations seeking open-application education grants, but their focuses (education research and regional leadership, respectively) differ meaningfully from AVDF's liberal arts teaching and interfaith emphasis.
AVDF's most significant recent activity centers on three developments. First, the Hillman Emergent Innovation: Serious Illness and End of Life (HSEI) collaborative — co-funded with the Rita and Alex Hillman Foundation — completed its fifth year of grantmaking in 2024-2025, awarding 10 grants totaling $525,000. AVDF President Dr. Michael Murray publicly highlighted the partnership milestone, signaling continued institutional commitment to the Palliative Care program's collaborative model.
Second, AVDF's Public Educational Media pipeline includes at least three major documentary commitments currently in production or post-production: 'Crime and Punishment in America' (premiering 2025-2026), 'Emancipation to Exodus' (2026), and 'The Life and Times of Frederick Douglass' (2027). These represent multi-year grants to PBS-affiliated production entities, typical of the program's $300,000-$500,000 range.
Third, Civil Discourse on Campus grantmaking was highlighted in January 2025 through work at Marquette University, and the foundation's March 2026 Interfaith Leadership announcement confirmed ongoing activity in that invitation-only program.
No major leadership transitions have been publicly reported as of March 2026. Dr. Michael Murray continues as President (compensation $341,626 in the most recent filing), Tim Michel as CFO ($149,314), and Adora Gross as Secretary ($143,450). Serena Davis Hall serves as Board Chair; family trustees include Tamara Davis, Jonathan Davis, Sarah Davis, Haley Davis Madole, Maynard Davis, William Kee, John L. Kee, Alicia Jaworski, and Margaret Maiden — a multigenerational Davis family governance structure.
1. Apply exclusively to Private Higher Education. This is the only program with an open LOI window. Any attempt to submit an unsolicited LOI to Environmental Solutions, Interfaith, Public Media, or Palliative Care will not be reviewed. If you believe your work qualifies for an invitation-only program, establish an indirect relationship through peer grantees or sector networks — do not cold-submit.
2. Frame a discrete project, not a program. AVDF explicitly funds 'discrete projects rather than providing organizational support.' Even if the grant will primarily fund staff salaries, structure the LOI around a specific initiative — a new Transfer Pathway partnership, a Civil Discourse curriculum launch, an interfaith faculty development series — with named deliverables, timeline, and a June 1 or later start date.
3. Anchor to Transfer Pathways or Civil Discourse. These two sub-priorities within Private Higher Education are currently the most signaled areas of interest. For Transfer Pathways, identify a specific two-year public college partner and a defined cohort of underrepresented students. For Civil Discourse, cite evidence-based dialogue methodologies (Structured Academic Controversy, Sustained Dialogue, etc.) and a qualified external evaluator.
4. Observe the 5% indirect cost ceiling strictly. AVDF's 5% cap on indirect costs is non-negotiable and far below standard university F&A rates (typically 26-55%). Calculate your budget with this constraint before submitting. Bundle as many costs as possible as direct project expenses with clear justification.
5. Target $100,000-$300,000 for a first ask. Based on comparable institutional grants in the grantee database, a $150,000-$250,000 first-time institutional request aligns with AVDF norms. Underbidding (below $50,000) signals a project too small for AVDF's review resources; overbidding above $350,000 without prior relationship is a common mistake.
6. Submit early — not just on time. The August 28, 2025 LOI deadline was enforced at 5:00 pm ET. The 2026-2027 deadline will be similar. AVDF's fluxx.io portal occasionally has submission volume issues near the deadline. Aim to submit at least five business days early.
7. Identify your evaluator at the LOI stage. Projects targeting measurable student or faculty outcomes must include evaluation by a qualified external evaluator. Mentioning an identified evaluator (or a credible plan to engage one) in the LOI signals readiness for the full proposal stage. AVDF can assist in connecting applicants with evaluators at full proposal.
8. Leverage AVDF's public grant database for language cues. Browse avdf.org/grant-seekers/grant-database to find funded project descriptions. Mirror their vocabulary: 'liberal arts mission,' 'teaching-centered,' 'civil discourse,' 'underrepresented students,' 'evidence-based dialogue,' 'discrete project with defined outcomes.'
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$150
Median Grant
$6K
Average Grant
$75K
Largest Grant
$500K
Based on 95 grants from the most recent 990-PF filing.
Supports liberal arts-focused colleges and universities, with reserved funding for historically Black colleges, Native American tribal colleges, Appalachian institutions, and Work College Consortium members. Open applications accepted.
Funds high-quality educational content for PBS and public media, focusing on history, science, and children's programming. Invitation-only.
Promotes interfaith partnerships and public understanding of religious beliefs and practices. Invitation-only.
Supports practical environmental improvements and public engagement on environmental stewardship. Invitation-only.
Works with pre-identified partners on medical training, patient care, and end-of-life resources. Partnership-based.
AVDF's annual giving has ranged from $8.3M to $14.0M over the past decade, driven primarily by investment income on its ~$193M asset base. The five-year trend shows: FY2020 $14.0M (peak), FY2021 $10.9M, FY2022 $10.8M, FY2023 $9.2M, with FY2024 total giving not yet reported (assets grew to $193.4M). The foundation distributes roughly 5-7% of assets annually, consistent with the 5% minimum payout requirement for private foundations. For the Private Higher Education program — the one open to new ap.
Arthur V Davis Foundation Pf 3 has distributed a total of $31.9M across 190 grants. The median grant size is $10K, with an average of $168K. Individual grants have ranged from $150 to $8.7M.
The Arthur Vining Davis Foundations (AVDF) operates as a disciplined, mission-focused private foundation with $193M in assets and roughly $9-14M in annual giving. Based in Ponte Vedra Beach, FL, AVDF was founded in 1952 with proceeds from Arthur Vining Davis, a co-founder of Alcoa, and today functions as a trust governed by family members (Serena Davis Hall chairs the board) with Truist Bank and Bank of America serving as corporate trustees. The foundational giving philosophy is institution-buil.
Arthur V Davis Foundation Pf 3 is headquartered in PONTE VEDRA BEACH, FL. While based in FL, the foundation distributes grants to organizations across 26 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | CORPORATE TRUSTEE | $264K | $0 | $264K |
| Dr Michael Murray | PRESIDENT | $231K | $0 | $231K |
| Christopher V Davis | TRUSTEE | $0 | $0 | N/A |
| Amanda Davis | TRUSTEE | $0 | $0 | N/A |
| Ian H Davis | TRUSTEE | $0 | $0 | N/A |
| Margaret Maiden | TRUSTEE | $0 | $0 | N/A |
| John L Kee | TRUSTEE | $0 | $0 | N/A |
| Alicia Jaworski | TRUSTEE | $0 | $0 | N/A |
| Maynard Davis | TRUSTEE | $0 | $0 | N/A |
| William Kee | TRUSTEE | $0 | $0 | N/A |
| Jonathan Davis | TRUSTEE | $0 | $0 | N/A |
| Haley Davis Madole | TRUSTEE | $0 | $0 | N/A |
| Serena Davis Hall | CHAIR | $0 | $0 | N/A |
| John R Kee | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$193.4M
Fair Market Value
N/A
Net Worth
$189.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
190
Total Giving
$31.9M
Average Grant
$168K
Median Grant
$10K
Unique Recipients
174
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Potential Energy CoalitionUNRESTRICTED GENERAL | New York, NY | $500K | 2023 |
| RareGENERAL OPERATING | Arlington, VA | $350K | 2023 |
| Weta PbsUNRESTRICTED GENERAL | Arlington, VA | $308K | 2023 |
| Duke UniversityUNRESTRICTED GENERAL | Durham, NC | $305K | 2023 |
| World Wildlife Fund IncUNRESTRICTED GENERAL | Washington, DC | $300K | 2023 |
| WjctUNRESTRICTED GENERAL | Jacksonville, FL | $300K | 2023 |
| Davidson CollegeUNRESTRICTED GENERAL | Davidson, NC | $282K | 2023 |
| Mit - Ma Institute Of TechnologyUNRESTRICTED GENERAL | Cambridge, MA | $250K | 2023 |
| CeresUNRESTRICTED GENERAL | Boston, MA | $250K | 2023 |
| Ce Buyers InstituteGENERAL OPERATING | Washington, DC | $250K | 2023 |
| Nantucket Project AcademyUNRESTRICTED GENERAL | Nantucket, MA | $250K | 2023 |
| American Journalism Project IncUNRESTRICTED GENERAL | Washington, DC | $250K | 2023 |
| Rice UniversityGENERAL OPERATING | Houston, TX | $250K | 2023 |
| Interfaith America Interfaith Youth CoreGENERAL OPERATING | Chicago, IL | $245K | 2023 |
| Westmont CollegeUNRESTRICTED GENERAL | Santa Barbara, CA | $242K | 2023 |
| Fellowship Catholic University StudentsUNRESTRICTED GENERAL | Golden, CO | $200K | 2023 |
| Pbs FoundationGENERAL OPERATING | Arlington, VA | $194K | 2023 |
| American Assn Of Colleges & UniversitiesGENERAL OPERATING | Washington, DC | $180K | 2023 |
| University Of DenverUNRESTRICTED GENERAL | Denver, CO | $175K | 2023 |
| Iiherf-Iowa Indep Higher Ed Research FdnUNRESTRICTED GENERAL | West Des Moines, IA | $175K | 2023 |
| University Of Notre DameUNRESTRICTED GENERAL | Notre Dame, IN | $168K | 2023 |
| Ucla - BerkeleyUNRESTRICTED GENERAL | Berkeley, CA | $157K | 2023 |
| Marine Biological LaboratoryGENERAL OPERATING | Woods Hole, MA | $152K | 2023 |
| Ohio Wesleyan UniversityUNRESTRICTED GENERAL | Delaware, OH | $150K | 2023 |
| Partnership Project IncUNRESTRICTED GENERAL | Greensboro, NC | $150K | 2023 |
| Institute For Citizens & ScholarsUNRESTRICTED GENERAL | Princeton, NJ | $150K | 2023 |
| International Documentary AssociationUNRESTRICTED GENERAL | Los Angeles, CA | $150K | 2023 |
| Pew Charitable TrustsGENERAL OPERATING | Philadelphia, PA | $150K | 2023 |
| BridgeusaGENERAL OPERATING | San Francisco, CA | $150K | 2023 |
| Eckerd CollegeUNRESTRICTED GENERAL | St Petersburg, FL | $149K | 2023 |
| Hindus For Human RightsUNRESTRICTED GENERAL | Brooklyn, NY | $87K | 2023 |
| Tusculum UniversityUNRESTRICTED GENERAL | Greeneville, TN | $82K | 2023 |
| Associated Colleges Of The SouthUNRESTRICTED GENERAL | Brookhaven, GA | $75K | 2023 |
| Marquette UniversityUNRESTRICTED GENERAL | Milwaukee, WI | $75K | 2023 |
| Ohio State University FoundationUNRESTRICTED GENERAL | Columbus, OH | $64K | 2023 |
| Ofic - Ohio Fdn Of Independent CollegesUNRESTRICTED GENERAL | Columbus, OH | $50K | 2023 |
| Aspen InstituteUNRESTRICTED GENERAL | Washington, DC | $45K | 2023 |
| Tri-Faith InitiativeUNRESTRICTED GENERAL | Omaha, NE | $25K | 2023 |
| Daniel Kids - Daniel MemorialUNRESTRICTED GENERAL | Jacksonville, FL | $15K | 2023 |
| Family Promise Of JacksonvilleUNRESTRICTED GENERAL | Jacksonville, FL | $15K | 2023 |
| N Anoka Couty Emergency FoodshelfUNRESTRICTED GENERAL | East Bethel, MN | $12K | 2023 |
| City Year - JacksonvilleUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2023 |
| Kipp Jacksonville IncGENERAL OPERATING | Jacksonville, FL | $10K | 2023 |
| RethreadedUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2023 |
| Literacy Alliance Of Ne FloridaGENERAL OPERATING | Jacksonville, FL | $10K | 2023 |
| Local Initiative Support Corp (Lisc)GENERAL OPERATING | Jacksonville, FL | $10K | 2023 |
| Communities In SchoolsUNRESTRICTED GENERAL | Leesburg, VA | $10K | 2023 |
| Villages Of HopeUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2023 |
| Teen Challenge North Central VirginiaUNRESTRICTED GENERAL | Fredericksburg, VA | $8K | 2023 |
| Woodwell Climate Research CenterGENERAL OPERATING | Falmouth, MA | $6K | 2023 |