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Davenport Trust Fund is a private trust based in BATH, ME. The foundation received its IRS ruling in 1957. It holds total assets of $6.7M. Annual income is reported at $1.3M. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Maine. According to available records, Davenport Trust Fund has made 11 grants totaling $1.1M, with a median grant of $91K. The foundation has distributed between $338K and $366K annually from 2020 to 2023. Individual grants have ranged from $3K to $242K, with an average award of $97K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$47K
Average Grant
$85K
Largest Grant
$241K
Based on 4 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.
Davenport Trust Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in ME.
Davenport Trust Fund has distributed a total of $1.1M across 11 grants. The median grant size is $91K, with an average of $97K. Individual grants have ranged from $3K to $242K.
The application deadline is AS NOTED IN THE APPLICATIONS ATTACHED TO THIS RETURN.. Awards are limited to charitable, educational, religious, and temperance organizations which benefit, either directly or indirectly, residents of the bath, me area. Educational scholarships are available to applicants who graduate from morse high school and/or reside in bath, me, or surrounding areas, and are based on unmet need. This is in accordance with the terms of the will of george p. Davenport which established the davenport trust fund.
Davenport Trust Fund is headquartered in BATH, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barry M Sturgeon | TRUSTEE, OFFICE MGR | $37K | $0 | $37K |
| Eric R Allen | TRUSTEE | $6K | $0 | $6K |
| Virginia R Hatch | TRUSTEE | $6K | $0 | $6K |
Total Giving
$467K
Total Assets
$6.8M
Fair Market Value
$8.1M
Net Worth
$6.8M
Grants Paid
$366K
Contributions
$25K
Net Investment Income
$1.2M
Distribution Amount
$362K
Total: $6.5M
Total Grants
11
Total Giving
$1.1M
Average Grant
$97K
Median Grant
$91K
Unique Recipients
4
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charitable Donations See List AttachedSEE ATTACHED | Bath, ME | $242K | 2023 |
| Educational Donations ScholarshipsSEE ATTACHED | Bath, ME | $108K | 2023 |
| Religious Donations See List AttachedSEE ATTACHED | Bath, ME | $16K | 2023 |
| Temperance Donations See List AttachedSEE ATTACHED | Bath, ME | $5K | 2022 |