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Davatzes Family Foundation Inc. is a private corporation based in WILTON, CT. The foundation received its IRS ruling in 2004. It holds total assets of $3.9M. Annual income is reported at $625K. Total assets have grown from $1.6M in 2011 to $4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Connecticut and New York. According to available records, Davatzes Family Foundation Inc. has made 30 grants totaling $370K, with a median grant of $8K. Annual giving has grown from $140K in 2020 to $230K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $12K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Connecticut, Pennsylvania, New York, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$45K
Based on 15 grants from the most recent 990-PF filing.
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.
Davatzes Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CT, PA, NY.
Davatzes Family Foundation Inc. has distributed a total of $370K across 30 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $1K to $50K.
Davatzes Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Davatzes Family Foundation Inc. is headquartered in WILTON, CT. While based in CT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Nicholas Davatzes | VICE-PRESIDENT & TREASURER | $0 | $0 | N/A |
| Carol Ferrandino | PRESIDENT | $0 | $0 | N/A |
| Nicholas Christopher Davatzes | VICE-PRESIDENT & SECRETARY | $0 | $0 | N/A |
Total Giving
$270K
Total Assets
$4M
Fair Market Value
$4.4M
Net Worth
$4M
Grants Paid
$230K
Contributions
N/A
Net Investment Income
$230K
Distribution Amount
$212K
Total: $198K
Total Grants
30
Total Giving
$370K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
25
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Society Of Kastorians OmonoiaUNRESTRICTED | Whitestone, NY | $3K | 2020 |
| Temple UniversityGRADUATE STUDENT SUPPORT PROGRAM | Philadelphia, PA | $50K | 2022 |
| Wilton Library AssociationCORNERSTONE ENDOWMENT | Wilton, CT | $50K | 2022 |
| Wilton LibraryANNUAL APPEAL | Wilton, CT | $30K | 2022 |
| Northeast Pollinator Pathway IncUNRESTRICTED | Wilton, CT | $13K | 2022 |
| Teen Center Of WiltonUNRESTRICTED | Wilton, CT | $13K | 2022 |
| Sun River Health FoundationUNRESTRICTED | Tarrytown, NY | $10K | 2022 |
| Feeding WestchesterUNRESTRICTED | Elmsford, NY | $10K | 2022 |
| Metropolitan MinistriesUNRESTRICTED | Tampa, FL | $10K | 2022 |
| Pennsylvania Commonwealth YouthchoirsUNRESTRICTED | Philadelphia, PA | $10K | 2022 |
| The Institute For Support And Social JusticeUNRESTRICTED | Orlando, FL | $10K | 2022 |
| Cancer Support TeamFINANCIAL ASSISTANCE PROGRAM | Purchase, NY | $8K | 2022 |
| Ola Of Eastern Long IslandUNRESTRICTED | Sagponack, NY | $8K | 2022 |
| Mount Vernon EducationUNRESTRICTED | Mount Vernon, NY | $5K | 2022 |
| Visting Nurse & Hospice Of Fairfield CountyUNRESTRICTED | Wilton, CT | $3K | 2022 |
| Wilton Ambulance CoreUNRESTRICTED | Wilton, CT | $3K | 2022 |
| Abington Friends SchoolUNRESTRICTED | Jenkintown, PA | $20K | 2020 |
| St John'S UniversityUNRESTRICTED | Queens, NY | $20K | 2020 |
| Diocese Of BridgeportANNUAL CATHOLIC APPEAL | Bridgeport, CT | $10K | 2020 |
| Our Lady Of Fatima Roman Catholic ChurchUNRESTRICTED | Wilton, CT | $5K | 2020 |
| School Sisters Of Notre DameUNRESTRICTED | Wilton, CT | $5K | 2020 |
| Wilton Congregational ChurchUNRESTRICTED | Wilton, CT | $5K | 2020 |
| Norwalk Hospital FoundationUNRESTRICTED | Norwalk, CT | $5K | 2020 |
| Student AdvocacyUNRESTRICTED | Elmsford, NY | $5K | 2020 |
| Stay At Home In WiltonUNRESTRICTED | Wilton, CT | $1K | 2020 |