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Billy & Patty Davis Foundation is a private corporation based in WACO, TX. The foundation received its IRS ruling in 2021. It holds total assets of $1.9M. Annual income is reported at $1.1M. Total assets have grown from $1M in 2020 to $2M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of religion. Tax records are available from 2020 to 2023. According to available records, Billy & Patty Davis Foundation has made 27 grants totaling $511K, with a median grant of $10K. The foundation has distributed between $130K and $250K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $250K distributed across 14 grants. Individual grants have ranged from $2K to $125K, with an average award of $19K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Texas and Indiana and Missouri. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Billy & Patty Davis Foundation primarily funds organizations in the area of religion. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in TX, IN, MO.
Billy & Patty Davis Foundation has distributed a total of $511K across 27 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $2K to $125K.
Generally, christian faith based exempt organizations.
Billy & Patty Davis Foundation is headquartered in WACO, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Billy Davis | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Patty Davis | SECRETARY, DIRECTOR | $0 | $0 | N/A |
| Kimberly Mcmillan | DIRECTOR | $0 | $0 | N/A |
| Melissa Blue | DIRECTOR | $0 | $0 | N/A |
Total Giving
$158K
Total Assets
$2M
Fair Market Value
$2.1M
Net Worth
$2M
Grants Paid
$131K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$103K
Total: $1.1M
Total Grants
27
Total Giving
$511K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Isaiah 117GENERAL FUND | Woodway, TX | $10K | 2022 |
| Compassion MinistriesGENERAL FUND | Waco, TX | $10K | 2021 |
| Legacy FamilyGENERAL FUND | Waco, TX | $3K | 2021 |
| Mission WacoGENERAL FUND | Waco, TX | $125K | 2023 |
| Davar Partners InternationalGENERAL FUND | Austin, TX | $6K | 2023 |
| Grassroots CommunityGENERAL FUND | Waco, TX | $25K | 2022 |
| CaritasGENERAL FUND | Waco, TX | $10K | 2022 |
| Baylor Scott & White FoundationGENERAL FUND | Dallas, TX | $8K | 2022 |
| Columbus Ave Baptist ChurchGENERAL FUND | Waco, TX | $6K | 2022 |
| Discipleship UnlimitedGENERAL FUND | Eddy, TX | $20K | 2021 |
| Restoration GatewayGENERAL FUND | Waco, TX | $15K | 2021 |
| Indiana WesleyanGENERAL FUND | Marion, IN | $15K | 2021 |
| Crisis AidGENERAL FUND | St Louis, MO | $10K | 2021 |
| Church Under BridgeGENERAL FUND | Waco, TX | $3K | 2021 |
| Denison ForumGENERAL FUND | Dallas, TX | $2K | 2021 |