//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Davis Family Foundation is a private trust based in BEAVER, WV. The foundation received its IRS ruling in 2023. It holds total assets of $1.7M. Annual income is reported at $790K. Total assets have grown from $686K in 2021 to $1.6M in 2023. The foundation is governed by 2 officers and trustees. To receive, administer, and distribute funds for charitable purposes including but not limted to those programs that improve the quality of life primarily in raleigh county, west virginia area and to any other charitable organization, even if not located in raleigh county west virginia, that have been determined tax exempt entities under 501(c)(3) of the internal revenue code. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. Grantmaking is concentrated in West Virginia. According to available records, Davis Family Foundation has made 13 grants totaling $665K, with a median grant of $10K. Annual giving has decreased from $640K in 2021 to $15K in 2023. Individual grants have ranged from $5K to $250K, with an average award of $51K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$64K
Largest Grant
$250K
Based on 5 grants from the most recent 990-PF filing.
To receive, administer, and distribute funds for charitable purposes including but not limted to those programs that improve the quality of life primarily in raleigh county, west virginia area and to any other charitable organization, even if not located in raleigh county west virginia, that have been determined tax exempt entities under 501(c)(3) of the internal revenue code.
To receive, administer, and distribute funds for charitable purposes including but not limted to those programs that improve the quality of life primarily in raleigh county, west virginia area and to any other charitable organization, even if not located in raleigh county west virginia, that have been determined tax exempt entities under 501(c)(3) of the internal revenue code. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in WV.
Davis Family Foundation has distributed a total of $665K across 13 grants. The median grant size is $10K, with an average of $51K. Individual grants have ranged from $5K to $250K.
Davis Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Davis Family Foundation is headquartered in BEAVER, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ernest B Davis | TRUSTEE | $0 | $0 | N/A |
| Lori A Davis | TRUSTEE | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$1.6M
Fair Market Value
$630K
Net Worth
$1.6M
Grants Paid
$15K
Contributions
$1M
Net Investment Income
$8K
Distribution Amount
$30K
Total Grants
13
Total Giving
$665K
Average Grant
$51K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wvu Medicine Childrens HospitalDONATION | Morgantown, WV | $10K | 2023 |
| Wyoming County Christian Youth CampDONATION | Oceana, WV | $5K | 2023 |
| Iheart ChurchDONATION | Mt Hope, WV | $250K | 2021 |
| Humane Society Of Raleigh CountyDONATION | Beckley, WV | $50K | 2021 |
| Joseph AcademyDONATION | Jumping Branch, WV | $5K | 2021 |
| Brians Safehouse IncDONATION | Mt Hope, WV | $5K | 2021 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV