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Ione C Davis Trust is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2008. The principal officer is Regions Bank Trust Dept. It holds total assets of $2.8M. Annual income is reported at $1.3M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Indiana, Illinois and District of Columbia. According to available records, Ione C Davis Trust has made 15 grants totaling $555K, with a median grant of $34K. Annual giving has grown from $172K in 2020 to $383K in 2022. Individual grants have ranged from $17K to $77K, with an average award of $37K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Indiana and District of Columbia and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$17K
Median Grant
$34K
Average Grant
$34K
Largest Grant
$69K
Based on 5 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.
Ione C Davis Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in IN, DC, IL.
Ione C Davis Trust has distributed a total of $555K across 15 grants. The median grant size is $34K, with an average of $37K. Individual grants have ranged from $17K to $77K.
Ione C Davis Trust typically selects its grantees rather than accepting unsolicited proposals.
Ione C Davis Trust is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $49K | $0 | $49K |
Total Giving
$215K
Total Assets
$2.6M
Fair Market Value
$3.5M
Net Worth
$2.6M
Grants Paid
$160K
Contributions
N/A
Net Investment Income
$172K
Distribution Amount
$165K
Total Grants
15
Total Giving
$555K
Average Grant
$37K
Median Grant
$34K
Unique Recipients
7
Most Common Grant
$38K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Purdue University Dir Of Planned GiftGENERAL OPERATING | West Lafayette, IN | $77K | 2022 |
| Indiana Univ School Of Medicine CoSCHOLARSHIPS | Indianapolis, IN | $38K | 2022 |
| American Red CrossGENERAL OPERATING | Washington, DC | $38K | 2022 |
| St Vincent Frankfort Hosp FoundGENERAL OPERATING | Kokomo, IN | $19K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Hoffman Estates, IL | $19K | 2022 |
| Purdue Univ Director Of Planned GivingGENERAL OPERATING | West Lafayette, IN | $69K | 2020 |
| Indiana Univ School Of MedicineSCHOLARSHIPS | Indianapolis, IN | $34K | 2020 |