Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ud M Davis For W Davis Mem Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2005. The principal officer is United States Trust Company N A. It holds total assets of $33.7M. Annual income is reported at $8.4M. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Ud M Davis For W Davis Mem Foundation has made 3 grants totaling $9.6M, with a median grant of $3.1M. The foundation has distributed between $3M and $3.6M annually from 2020 to 2022. Individual grants have ranged from $3M to $3.6M, with an average award of $3.2M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
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.
Ud M Davis For W Davis Mem Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in VA.
Ud M Davis For W Davis Mem Foundation has distributed a total of $9.6M across 3 grants. The median grant size is $3.1M, with an average of $3.2M. Individual grants have ranged from $3M to $3.6M.
Ud M Davis For W Davis Mem Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ud M Davis For W Davis Mem Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $60K | $0 | $60K |
Total Giving
$2.6M
Total Assets
$34.9M
Fair Market Value
$65.7M
Net Worth
$34.9M
Grants Paid
$2.5M
Contributions
N/A
Net Investment Income
$1.3M
Distribution Amount
$3M
Total: $34.4M
Total Grants
3
Total Giving
$9.6M
Average Grant
$3.2M
Median Grant
$3.1M
Unique Recipients
2
Most Common Grant
$3.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Westmoreland Davis Memorial Fdn IncUNRESTRICTED GENERAL | Leesburg, VA | $3.6M | 2022 |
| Westmoreland Davis MemUNRESTRICTED GENERAL | Leesburg, VA | $3.1M | 2020 |