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HANOVER, MD

Davis Family Foundation

Quick Facts

EIN
010751429
Location
HANOVER, MD
Category
Philanthropy & Grantmaking
Total Assets
$1.6B
Annual Income
$135.8M
IRS Ruling Year
2002
Organization Type
Corporation
Principal Officer
% James C Davis
Tax Deductibility
Contributions are deductible

About This Foundation

Davis Family Foundation is a private corporation based in HANOVER, MD. The foundation received its IRS ruling in 2002. The principal officer is % James C Davis. It holds total assets of $1.6B. Annual income is reported at $135.8M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$56.8M

2023-1%

Total Assets

$1.4B

2023+24%

Fair Market Value

$1.4B

2023

Net Worth

$1.4B

2023

Grants Paid

$55.2M

2023

Contributions

$70M

2023

Net Investment Income

$30.4M

2023

Distribution Amount

$58.7M

2023

Total Giving by Year

$7.4M
11
$10.2M
12
$16.9M
13
$23.5M
14
$28.5M
15
$43.1M
19
$48M
20
$61.7M
21
$57.3M
22
$56.8M
23

Asset Growth

$179.5M
11
$291.5M
12
$443.4M
13
$553.8M
14
$579.8M
15
$952.9M
19
$1.1B
20
$1.3B
21
$1.1B
22
$1.4B
23

Investment Portfolio (2023)

Total: $1.3B

Corporate Stock: $1.3B
Cash: $135K
Corporate Stock (100%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$55.2M
Accounting Fees$10K

Revenue Sources (2023)

Contributions
$70M
Dividends
$24.9M
Capital Gains (Net)
$6.5M
Interest
$205K
Other Income
$24K

Financial Details (2023)

Total Revenue
$101.5M
Total Expenses
$56.8M
Exempt Purpose Expenses
$55.2M
Required Distribution
$58.7M
Undistributed Income
$0
Total Liabilities
$1
Excise Tax
$422K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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