EIN 04-2864042

Davis Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
7
State
Year formed
1985
Most recent tax filings
2022-12-01
Description
The Davis Educational Foundation awards grants to strengthen undergraduate programs of public and private, regionally accredited baccalaureate degree granting colleges and universities located in New England. Grants are made from organization assets, including direct investment related costs. The foundation is located in Yarmouth, ME.
Related structure
Davis Educational Foundation is a subordinate organization under Northeastern University (NU).
Total revenues
$2,690,787
2022
Total expenses
$4,986,116
2022
Total assets
$103,795,591
2022
Num. employees
7
2022

Program areas at Davis Educational Foundation

Grants made to colleges and universities in New England from organization assets, including direct investment related costs. See Schedule I for grants approved.

Grants made by Davis Educational Foundation

GranteeGrant descriptionAmount
The Boston Consortium for Higher EducationTBC and Edhealth Enterprise Risk Management Captive and Risk Management Captive - Phase Ii$735,000
Simmons UniversityResponding To Students Needs Through Re-Imagined Pedagogy and Course Design$299,750
Albertus Magnus CollegeInvitation To Inquiry: General Education Interdisciplinary Pathways$248,800
...and 15 more grants made

Personnel at Davis Educational Foundation

NameTitleCompensation
Yvonne B MummeChief Finance and Administration Officer$130,357
Leanne Greeley BondDirector of Grants and Programs$131,090
Edward R. MacKayChair$40,000
Anne M VaillancourtExecutive Director$117,916

Financials for Davis Educational Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$992,353
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,481,308
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$217,126
Total revenues$2,690,787

Form 990s for Davis Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-18990View PDF
2021-122022-10-05990View PDF
2020-122021-10-22990View PDF
2019-122021-02-22990View PDF
2018-122020-01-16990View PDF
...and 9 more Form 990s
Data update history
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Updated personnel
Identified 2 new personnel
May 9, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from The Ninigret Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Operates internationallyNational levelTax deductible donations
General information
Address
30 Forest Falls Dr 5
Yarmouth, ME 04096
Metro area
Portland-South Portland, ME
Website URL
davisfoundations.org/ 
Phone
(207) 846-9132
IRS details
EIN
04-2864042
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1985
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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