Mission
To strengthen the undergraduate programs of public and private, regionally accredited baccalaureate degree granting colleges and universities located in New England through grants.
Public Charity
DAVIS EDUCATIONAL FOUNDATION
DAVIS EDUCATIONAL FOUNDATION is a Public Charity headquartered in Yarmouth, ME. Financial data from the 2024 filing: $5.2M revenue, $4.5M expenses, $130.3M total assets. IRS filings disclose 284 grants awarded by this foundation, totaling roughly $30.7M.
EIN: 042864042
Yarmouth, ME
Fund Raising & Fund Distribution
NTEE: B12
Latest filing: 2024
Total Revenue$5.2M
Total Expenses$4.5M
Total Assets$130.3M
Grants Given284
Grant Total$30.7M
Filing Years2020–2024
Where $100 goes at Davis Educational Foundation
How Davis Educational Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$85
Programs
the work itself
$15
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $85 for programs
$85
Grants made to colleges and universities in New England from organization assets, including direct investment related costs
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Davis Educational Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
Study CATS: Empowering Learners for Long Term Educational Success
$322,148
SOLE: Strengthening Online Learning and Engagement
$317,627
Expanding the Impact of RISD's Teaching & Learning Lab
$315,247
UASCEND (UConn Advancing Structural Consistency through Educational Networks and Design)
$297,000
Eastern Connecticut State University
Empowering Sustainable Pedagogical Innovation: ECSU's Faculty Development Initiative
$281,120
Showing up to 5 of 284 total records — full history available with membership.
Officers & Directors
Trustee
A Clayton Spencer
Past Trustee
Dennis Berkey
Chair
Edward Mackay
Director of Grants & Programs
Leanne Greeley Bond
Trustee
Richard Freeland
Trustee
Sister M Therese Antone
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.2M | $4.5M | $130.3M |
| 2023 | $3.6M | $3.3M | $118.3M |
| 2022 | $2.7M | $5.0M | $103.8M |
| 2021 | $9.1M | $5.4M | $128.3M |
| 2020 | $4.1M | $7.5M | $118.0M |
Between 2020 and 2024, reported annual revenue grew from $4.1M to $5.2M (+27%), with total assets most recently reported at $130.3M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CT, DC, MA, ME, NH, RI, and 1 other state.
CTDCMAMENHRIVT
Full geographic grant map with state-by-state breakdown available with membership.