Overview
What is Davis Educational Foundation?
The Davis Educational Foundation is a nonprofit organization situated in Yarmouth, Maine. With a team of seven dedicated individuals, its primary mission is to strengthen the educational programs of public and private, regionally accredited baccalaureate degree-granting colleges and universities situated within New England. To accomplish this, the foundation provides grants from its assets, which include direct investment-related costs. These grants are strategically allocated based on approved proposals, as detailed in Schedule I. The Davis Educational Foundation's commitment to enhancing undergraduate education in the New England region is evident through its grant-making activities.
Official website here: www.davisfoundations.org
Is Davis Educational Foundation legitimate?
Davis Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davis Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $282,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,665
For more financial information, click here
Official website here: www.davisfoundations.org
What is the mission statement of Davis Educational Foundation?
The Davis Educational Foundation's mission is to enhance the undergraduate programs of various baccalaureate degree-granting institutions in New England. They achieve this by providing grants to eligible colleges and universities in the region, with the aim of strengthening their educational offerings. The foundation's activities are primarily funded through its assets, including investment-related costs. The specific grants approved by the organization are detailed in Schedule I.
Official website here: www.davisfoundations.org
Who is the CEO of Davis Educational Foundation?
Yvonne B Mumme is the Chairman of Davis Educational Foundation.
Official website here: www.davisfoundations.org
What is the revenue of Davis Educational Foundation?
Davis Educational Foundation's revenue in 2022 was $2,690,787.
Official website here: www.davisfoundations.org
Who are the executives of Davis Educational Foundation and what are their salaries?
The average compensation at Davis Educational Foundation during 2022 was $75,665. There are 7 employees and 1 volunteer at Davis Educational Foundation.
Here are 8 key members and their salaries:
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $20,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $130,357
- Related: $0
- Other: $17,196
- Compensation: $131,090
- Related: $0
- Other: $23,456
Official website here: www.davisfoundations.org
Where can I find the form 990 for Davis Educational Foundation?
Davis Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.davisfoundations.org
Learn more at the official website: www.davisfoundations.org
Mission Statement of Davis Educational Foundation
The Davis Educational Foundation, as a grant-awarding entity, is committed to enhancing the undergraduate programs of colleges and universities located in New England. This nonprofit organization targets public and private, regionally accredited institutions that offer baccalaureate degrees. Its mission is to provide financial support to these institutions through grants, aiming to bolster their academic offerings and overall capabilities. The grants are sourced from the organization's assets, including direct investment-related costs. The Foundation's grants approval process is detailed in Schedule I, implying a systematic and transparent approach to its funding initiatives.
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Impact
October, 2024
The Davis Educational Foundation significantly enhances the educational landscape of New England by awarding grants to colleges and universities aimed at strengthening their undergraduate programs. By providing financial support acquired from its assets, which may include direct investment related costs, the Foundation serves to bolster both public and private institutions that hold regional accreditation.
Through its targeted grants, the Foundation addresses vital areas within these educational institutions, promoting improvements that can lead to enriched student experiences and outcomes. This commitment to enhancing academic quality not only supports individual colleges and universities but also contributes to the broader educational ecosystem in the region, fostering a culture of excellence in higher education. By focusing on sustainable development of undergraduate education, the Davis Educational Foundation plays a crucial role in shaping the future of New England's academic institutions.
This information is meant to be a general summary of Davis Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,473,661
- Gross Receipts: $9,556,798
Assets and Liabilities:
- Total Assets: $103,795,591
- Total Liabilities: $2,126,626
- Net Assets: $101,668,965
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Organization Details
Founding Year
1985
Phone
(207) 846-9132Principal Officer
Yvonne B Mumme
Main Address
30 Forest Falls Drive 5, Yarmouth, ME, 04096
Website
www.davisfoundations.orgNTEE Category
Code: B120 - Education
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