DAVIS FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DAVIS FAMILY FOUNDATION (EIN 01-0751429)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-04
- IRS object ID
- 202223089349101852
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-04T13:12:10-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010751429 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DAVIS FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAVI | BusinessNameControlTxt |
| Phone | 4105793509 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 468 | AddressLine1Txt |
| City | HANOVER | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 210760468 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES C DAVIS | PersonNm |
| Person Title | EXECUTIVE | PersonTitleTxt |
| Phone | 4105793509 | PhoneNum |
| Signature | 2022-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | DAVIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUCAS G AMARAL | PreparerPersonNm |
| PTIN | P01241718 | PTIN |
| Phone | 2024141000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,302,672,743 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $30,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $106,205 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $106,205 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $20,137,276 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,137,276 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $13,993,508 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $36,063,344 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $13,993,508 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $238,570 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,428 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $64,475,559 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $34,245,417 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $725,504 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $725,504 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,103,875 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $473,875 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $428,471 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $410,948 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,267,350 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,615,077 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,750 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $59,467,416 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $59,467,416 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $61,734,766 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,615,077 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $59,472,166 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,740,793 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $32,630,340 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,293,501 | CashBOYAmt |
| Cash EOY | $1,518,581 | CashEOYAmt |
| Cash EOYFMV | $1,518,581 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $44,501,437 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $36,431,633 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $36,431,633 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,058,329,053 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,263,257,529 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,263,257,529 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $15,968,411 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,465,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,465,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,121,092,402 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,302,672,743 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,302,672,743 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,121,092,402 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,302,672,743 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,121,092,402 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,302,672,743 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,121,092,402 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,302,672,743 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,121,092,402 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,740,793 | ExcessRevenueOverExpensesAmt |
| Other Increases | $178,946,428 | OtherIncreasesAmt |
| Subtotal | $1,302,779,623 | SubtotalAmt |
| Other Decreases | $106,880 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,302,672,743 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PNC BANK | P | 2021-12-31 | $17,444,853 | $11,396,803 | $6,048,050 | $6,048,050 |
| WELLS FARGO | P | 2021-12-31 | $17,635,337 | $10,664,694 | $6,970,643 | $6,970,643 |
| CROSSAMERICA PARTNERS LP - 1231 GAIN | P | 2021-12-31 | $1,871 | $1,871 | $1,871 | |
| VANGUARD - C/G DIVIDENDS | P | 2021-12-31 | $746,999 | $746,999 | $746,999 | |
| SUBURBAN PROPANE | P | 2021-12-31 | $8,339 | -$8,339 | -$8,339 | |
| GCP FUND I, L.P. - LONG TERM | P | 2021-12-31 | $234,284 | $234,284 | $234,284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $13,993,508 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $13,993,508 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $453,562 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $453,562 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $453,562 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $446,647 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $475,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $921,647 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $468,085 | OverpaymentAmt |
| Applied To ES Tax | $468,085 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JAMES C DAVIS | IndividualWithBooksNm |
| Phone | 4105793509 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 468 | AddressLine1Txt |
| City | HANOVER | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 210760468 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES C DAVIS | ||||||||
| PO BOX 468 | HANOVER | MD | 210760468 | PRESIDENT/DIRECTOR | 0.00 | $0 | $0 | $0 |
| KIM J DAVIS | ||||||||
| PO BOX 468 | HANOVER | MD | 210760468 | VP/SEC/TREAS/DIR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,178,489,345 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $54,551,465 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,233,040,810 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,233,040,810 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $18,495,612 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,214,545,198 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $60,727,260 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $60,727,260 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $453,562 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $40,976 | IncomeTaxAmt |
| Total Tax | $494,538 | TotalTaxAmt |
| Distributable Before Adj | $60,232,722 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $60,232,722 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $60,232,722 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $59,472,166 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $59,472,166 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $60,232,722 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $303,125 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $207,309 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $520,015 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,030,449 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $59,472,166 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $59,472,166 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $760,556 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $760,556 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $269,893 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $269,893 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $269,893 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES C DAVIS | ContributingManagerNm |
| Contributing Manager | KIM J DAVIS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMIGOS DE JESUS | |||||||
| 126 WOODLAND AVENUE | MALVERN | PA | 19355 | NONE | PC | GENERAL USE | $100,000 |
| ANDY TALLEY BONE MARROW FOUNDATION | |||||||
| 237 W LANCASTER AVENUE STE 201 | DEVON | PA | 19333 | NONE | PC | GENERAL USE | $10,000 |
| AUGUSTINIAN FUND | |||||||
| PO BOX 340 | VILLANOVA | PA | 19085 | NONE | PC | GENERAL USE | $25,000 |
| BALTIMORE MUSEUM OF INDUSTRY INC | |||||||
| 1415 KEY HIGHWAY | BALTIMORE | MD | 21230 | NONE | PC | GENERAL USE | $127,416 |
| BALTIMORE SQUASHWISE INC | |||||||
| 3600 CLIPPER MILL ROAD - SUITE 103 | BALTIMORE | MD | 21211 | NONE | PC | GENERAL USE | $100,000 |
| BOYS HOPE GIRLS HOPE | |||||||
| 12120 BRIDGETON SQAURE DRIVE | BRIDGETON | MO | 63044 | NONE | PC | GENERAL USE | $100,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1325 W WALNUT HILL LN | IRVING | TX | 75038 | NONE | PC | GENERAL USE | $25,000 |
| CAVES VALLEY GOLF CLUB FOUNDATION | |||||||
| 2910 BLENDON ROAD | OWINGS MILLS | MD | 21117 | NONE | PC | GENERAL USE | $100,000 |
| CHARLESTOWN BENEVOLENT CARE FOUNDATION INC | |||||||
| 719 MAIDEN CHOICE LANE | BALTIMORE | MD | 21228 | NONE | PC | GENERAL USE | $100,000 |
| CHARLESTOWN COMMUNITY INC | |||||||
| 719 MAIDEN CHOICE LANE | BALTIMORE | MD | 21228 | NONE | PC | GENERAL USE | $203,000 |
| CHESAPEAKE BAY FOUNDATION INC | |||||||
| 6 HERNDON AVENUE | ANNAPOLIS | MD | 21403 | NONE | PC | GENERAL USE | $100,000 |
| CHILDREN'S SCHOLARSHIP FUND OF BALTIMORE INC | |||||||
| 1000 ST PAUL ST | BALTIMORE | MD | 21202 | NONE | PC | GENERAL USE | $75,000 |
| CONGAREE FOUNDATION | |||||||
| 1375 ENCLAVE PARKWAY | HOUSTON | TX | 77077 | NONE | PC | GENERAL USE | $250,000 |
| CRISTO REY JESUIT HIGH SCHOOL | |||||||
| 420 S CHESTER STREET | BALTIMORE | MD | 21231 | NONE | PC | GENERAL USE | $150,000 |
| EVANS SCHOLARS FOUNDATION | |||||||
| 2501 PATRIOT BOULEVARD | GLENVIEW | IL | 60026 | NONE | PC | GENERAL USE | $250,000 |
| FAMILY LEAGUE OF BALTIMORE CITY INC | |||||||
| 2305 N CHARLES STREET 200 | BALTIMORE | MD | 21218 | NONE | PC | GENERAL USE | $25,000 |
| GOODWILL INDUSTRIES OF THE CHESAPEAKE INC | |||||||
| 222 EAST REDWOOD STREET | BALTIMORE | MD | 21202 | NONE | PC | GENERAL USE | $25,000 |
| HELPING UP MISSION | |||||||
| 1029 E BALTIMORE ST | BALTIMORE | MD | 21202 | NONE | PC | GENERAL USE | $1,000,000 |
| INDIAN RIVER COUNTY HABITAT FOR HUMANITY INC | |||||||
| 4568 N US HIGHWAY 1 | VERO BEACH | FL | 32967 | NONE | PC | GENERAL USE | $100,000 |
| JOHNS HOPKINS MEDICINE | |||||||
| 750 EAST PRATT STREET 17TH FLOOR | BALTIMORE | MD | 21202 | NONE | PC | GENERAL USE | $2,500,000 |
| KENNEDY KRIEGER INSTITUTE | |||||||
| 707 NORTH BROADWAY | BALTIMORE | MD | 21205 | NONE | PC | GENERAL USE | $20,000 |
| MALVERN PREPARATORY SCHOOL | |||||||
| 418 S WARREN AVE | MALVERN | PA | 19355 | NONE | PC | GENERAL USE | $25,000 |
| MAXIM CHARITABLE FOUNDATION INC | |||||||
| 7227 LEE DEFOREST DRIVE | COLUMBIA | MD | 21046 | NONE | PC | GENERAL USE | $25,000 |
| NATIONAL SENIOR CAMPUSES INC | |||||||
| 318 WASHINGTON STREET | WELLESLEY HILLS | MA | 02481 | NONE | PC | GENERAL USE | $4,847,000 |
| NORTHBAY EDUCATION INC | |||||||
| 11 HORSESHOE POINT LANE | NORTH EAST | MD | 21901 | NONE | PC | GENERAL USE | $1,000,000 |
| PER SCHOLAS INC | |||||||
| 804 E 138TH STREET 2ND FLOOR | BRONX | NY | 10454 | NONE | PC | GENERAL USE | $2,400,000 |
| PLAYERS PHILANTHROPY FUND | |||||||
| 1122 KENILWORTH DRIVE NO 201 | TOWSON | MD | 21204 | NONE | PC | GENERAL USE | $50,000 |
| PROGRESSIVE POLICY INSTITUTE | |||||||
| 1156 15TH STREET NW STE 400 | WASHINGTON | DC | 20005 | NONE | PC | GENERAL USE | $25,000 |
| ST MARY'S SEMINARY & UNIVERSITY | |||||||
| 5400 ROLAND AVE | BALTIMORE | MD | 21210 | NONE | PC | GENERAL USE | $25,000 |
| TEACH FOR AMERICA | |||||||
| 2601 N HOWARD ST | BALTIMORE | MD | 21218 | NONE | PC | GENERAL USE | $100,000 |
| UNITED STATES EQUESTRIAN TEAM FDN INC | |||||||
| 1040 POTTERSVILLE ROAD PO BOX 355 | GLADSTONE | NJ | 07934 | NONE | PC | GENERAL USE | $5,000 |
| UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE | |||||||
| 655 W BALTIMORE STREET | BALTIMORE | MD | 21201 | NONE | PC | GENERAL USE | $1,000,000 |
| VALLEYS PLANNING COUNCIL INC | |||||||
| 118 W PENNSYLVANIA AVE | TOWSON | MD | 21204 | NONE | PC | GENERAL USE | $5,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | |||||||
| PO BOX 3075 | SOUTHEASTERN | PA | 19398 | NONE | PC | GENERAL USE | $44,500,000 |
| VILLANOVA UNIVERSITY | |||||||
| 800 E LANCASTER AVENUE | VILLANOVA | PA | 19085 | NONE | PC | GENERAL USE | $25,000 |
| PORT DISCOVERY | |||||||
| 35 MARKET PLACE | BALTIMORE | MD | 21202 | NONE | PC | GENERAL USE | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $59,467,416 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106,205 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,137,276 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 424000 | BusinessCd |
| Unrelated Business Taxbl Incm | $196,122 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $42,448 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $13,993,508 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $196,122 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $34,279,437 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $34,475,559 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | KIM J DAVIS JAMES C DAVIS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 468 | AddressLine1Txt |
| City | HANOVER | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 210760468 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $30,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION FEES | CategoryTxt |
| Amt | $9,500 | Amt |
| Net Investment Income | $4,750 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,750 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PNC WEALTH MGMT - CORP. STOCK | $175,287,156 | $175,287,156 |
| WELLS FARGO - CORP. STOCK | $100,048,240 | $100,048,240 |
| WELLS FARGO - MUTUAL FUNDS | $64,027 | $64,027 |
| VANGUARD CAP. - MUTUAL FUNDS | $987,858,106 | $987,858,106 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SUBURBAN PROPANE | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,465,000 | BookValueAmt |
| EOYFMV | $1,465,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GUARDIAN CAPITAL - PRIOR YEAR ADJUSTMENT | Desc |
| Amt | $106,880 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PNC WEALTH MGMT - TRANSAC. FEE | $83,634 | $83,634 | $0 | $0 |
| GUARDIAN CAPITAL - K1 | $20,952 | $20,952 | $0 | $0 |
| CROSSAMERICA PARTNERS LP - K1 | $30,960 | $30,960 | $0 | $0 |
| SUBURBAN PROPANE | $31,765 | $14,242 | $0 | $0 |
| SUBURBAN PROPANE - NET LOSS | $261,160 | $261,160 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PNC - CLASS ACTION PROCEEDS | $958 | $958 | $0 |
| PNC - NONDIVIDEND DIST. | $34,020 | $0 | $0 |
| CROSSAMERICA PARTNERS LP - K1 (UBTI) | $196,122 | $0 | $0 |
| SUBURBAN PROPANE | $7,470 | $7,470 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN IN MKT VALUE OF INVESTMENT | Desc |
| Amt | $178,946,428 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $725,504 | Amt |
| Net Investment Income | $725,504 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX ON DIVIDEND INCOME | $473,875 | $473,875 | $0 | $0 |
| BOA - EXCISE TAXES | $630,000 | $0 | $0 | $0 |
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