EIN 04-2864042

Davis Educational Foundation

Name: Davis Educational Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Yarmouth

State

Maine

Year formed

1985

Most recent tax filings

2023-12-01

NTEE code, primary

B12: Education Fund Raising and Fund Distribution

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

$3,596,754

2023

Total expenses

$3,273,990

2023

Total assets

$118,326,807

2023

Num. employees

2023

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

Grantee	Grant description	Grant year	Amount
University of Massachusetts	The Leading, Engaging and Advising Fellows (Leaf) Program: A Strategy for Improving Student Engagement and Faculty Pedagogy	2023-12	$483,324
Southern New Hampshire University (SNHU)	The First Gen Academy	2023-12	$352,000
Champlain College	Embedding the College Competencies	2023-12	$281,704
...and 12 more grants made

Personnel at Davis Educational Foundation

Name	Title	Compensation	Date of data
Yvonne Mumme	Chief Finance and Administration Officer	$129,810	2024-10-22
Leanne Greeley Bond	Director of Grants and Programs	$138,610	2023-12-31
Edward MacKay	Chair	$40,000	2023-12-31
Anne M Vaillancourt	Executive Director	$117,916	2017-11-15

Financials for Davis Educational Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$0	$0	-
Investment income and dividends	$1,027,820	$992,353	3.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$2,308,089	$1,481,308	55.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$260,845	$217,126	20.1%
Total revenues	$3,596,754	$2,690,787	33.7%

Form 990s for Davis Educational Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-10-22	990	View PDF
2022-12	2023-10-18	990	View PDF
2021-12	2022-10-05	990	View PDF
2020-12	2021-10-22	990	View PDF
2019-12	2021-02-22	990	View PDF
...and 10 more Form 990s

Organizations like Davis Educational Foundation

Organization	Type	Location	Revenue
Vertex Nonprofit Organization	501(c)(3)	Price, UT	$1,095,724
The Public Interest Fellowship Foundation	501(c)(3)	Arlington, VA	$6,164,016
Freeman Educational Foundation #2113	501(c)(3)	San Antonio, TX	$2,114,677
CMS Foundation	501(c)(3)	Charlotte, NC	$1,292,506
American Nurses Foundation	501(c)(3)	Silver Spring, MD	$4,491,125
Bellevue Schools Foundation	501(c)(3)	Bellevue, WA	$2,395,497
Corvallis Public Schools Foundation	501(c)(3)	Corvallis, OR	$945,719
National Alliance for Partnerships in Equity Education Foundation	501(c)(3)	Parkesburg, PA	$1,772,642
Great Falls Public Schools Foundation	501(c)(3)	Great Falls, MT	$2,848,346
Illinois Elementary School Association	501(c)(3)	Bloomington, IL	$2,787,855

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 internationallyTax deductible donationsAccepts online donations

General information

Address: 30 Forest Falls Dr Ste 5; Yarmouth, ME 04096
Metro area: Portland-South Portland, ME
County: Cumberland County, 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

California AB-488 details

AB 488 status: Not Operating or In Process of Dissolving
Charity Registration status: Dissolution Pending
FTB status revoked: Not revoked
AG Registration Number: CT0247230
FTB Entity ID: 8137442
AB 488 data last updated ("as-of") date: 2024-11-20

Blog articles

Free account sign-up

Want updates when Davis Educational Foundation has new information, or want to find more organizations like Davis Educational Foundation?

Create free Cause IQ account

Davis Educational Foundation

Program areas at Davis Educational Foundation

Grants made by Davis Educational Foundation

Personnel at Davis Educational Foundation

Financials for Davis Educational Foundation

Form 990s for Davis Educational Foundation

Organizations like Davis Educational Foundation

Nonprofits

Product

Customers

About