2018-11-14T08:00:53-06:00 2017-12-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2017-01-01 042864042 Davis Educational Foundation DAVI 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Yvonne B Mumme Director of Finance 2078469132 2018-11-13 1 Joseph R Byrne CPA P01289281 2077752387 2018-11-13 69.49.157.66 2018-11-13 17:08:23 ES P 8F3BF083BB17D4FB81C6888D3A269F4E82FBF667 E262D3C9A45A77A46A0A2832CF74466488750570 2017 2019-02-21 02:37:17Z Yvonne B Mumme 30 Forest Falls Drive No 5 Yarmouth ME 04096 16321905 0 X davisfoundations.org X 1985 MA Awards Grants 6 6 7 1 21210 18660 0 0 0 0 819373 4773914 186503 183200 1005876 4957114 4316019 5095877 0 0 522197 527648 0 0 0 660354 494526 5498570 6118051 -4492694 -1160937 100278734 111237456 3308012 3283324 96970722 107954132 To strengthen the undergraduate programs of public and private, regionally accredited baccalaureate degree granting colleges and universities located in New England through grants. 0 0 5255164 5095877 1892 Grants made to colleges and universities in New England from organization assets, including direct investment related costs. See Schedule I for 2017 grants approved. 5255164 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 7 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA CA X X Yvonne Mumme 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 William S Reed Chairman 12.00 0.00 X X 40000 0 0 Sister M Therese Antone Trustee 8.00 0.00 X 25000 0 0 Richard W Cost Trustee 8.00 0.00 X 25000 0 0 Peter K Davis Trustee 8.00 0.00 X 0 0 0 Edward MacKay Trustee 8.00 0.00 X 25000 0 0 Judith B Wittenberg Trustee 8.00 0.00 X 25000 0 0 Yvonne B Mumme Director of Finance 40.00 0.00 X 8077 0 0 Anne M Vaillancourt Past Executive Director 40.00 0.00 X 117617 0 16056 Leanne Greeley Bond Director of Grants & Programs 40.00 0.00 X 104707 0 15073 370401 0 31129 2 0 0 0 Wellington Management Company 280 Congress Street Boston MA 02210 Investment Consulting 132887 0 898659 21210 877449 15240046 11364791 3875255 3875255 3875255 Management Fees 900099 172018 172018 Miscellaneous Income 900099 9290 9290 Prior Year Grant Recovery 900099 1892 1892 183200 4957114 1892 21210 4934012 5095877 5095877 281750 140000 141750 200626 200626 13382 13382 7108 7108 24782 24782 12422 12422 410711 410711 7200 7200 7526 7526 11265 11265 15087 15087 19287 19287 2350 2350 1519 1519 Miscellaneous 4399 4399 Dues 2760 2760 6118051 5255164 862887 0 370632 1180899 0 1100 75662863 81609988 24192311 28393412 52928 52057 100278734 111237456 83904 78549 3183935 3163488 40173 41287 3308012 3283324 X 96970722 107954132 96970722 107954132 100278734 111237456 -1160937 12144347 0 X 0 1 X 1 0 X X 2 Wellesley College 042103637 2 1 0 0 Dartmouth College 020222111 2 1 244500 0 2 244500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 Part IV, Section B, Line 2 The supported organizations identified in Form 990, Schedule A, Part I appoint trustees who represent the charitable class benefited by the mission of the Organization and its supported organizations. These same trustees have a majority vote on the Organization's board and approve all granting decisions. 0 LLC and Limited Partnership Interests 28393412 F 28393412 Due To Related Parties 41287 41287 16516840 12144347 12144347 4372493 410711 173910 584621 4957114 5533430 0 5533430 410711 173910 584621 6118051 Part XI, Line 4b - Other Adjustments: Management Fees 172,018. Prior Year Grant Recovery 1,892. Part XII, Line 4b - Other Adjustments: Management Fees 172,018. Prior Year Grant Recovery 1,892. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 8455808 0 0 0 0 0 0 8455808 0 8455808 0 0 1 0 0 0 1 Becker College 61 Sever Street Worcester MA 01609 042108346 501(c)(3) 115100 To develop the capstone course, provide faculty development, and develop a customized assessment tool for the Agile Mindset program. Bennington College One College Drive Bennington VT 052016001 030179414 501(c)(3) 10000 To supportTrustee Philanthropic Partnerships. Boston College 140 Commonwealth Avenue Chestnut Hill MA 02467 042103545 501(c)(3) 75000 To support faculty in creating and sustaining inclusive and welcoming classrooms for an increasingly diverse student population. Brown University One Prospect Street Box 1893 Providence RI 02912 050258809 501(c)(3) 225000 To facilitate student, faculty and community partnerships that integrate teaching, research and practice to advance undergraduate scholarship addressing social challenges facing communitities and society. Castleton University 62 Alumni Drive Castleton VT 05735 030213787 Vermont 154166 To create an Integrative Learning Pathway within the General Education Program to encourage students to reflect on and connect their learning. Clark University 950 Main Street Worcester MA 016101477 042111203 501(c)(3) 158095 To create courses that allow students to connect what they learn in the classroom with real problems faced by professionals working in the social sciences field. Colleges of the Fenway 200 Riverway Boston MA 02215 113682703 501(c)(3) 100000 To increase the number of collaborations, across member colleges, leading to innovative shared academic programs while supporting student enrollment and retention. Connecticut College 270 Mohegan Avenue New London CT 063204196 060646587 501(c)(3) 10000 To research and plan for a new, web-based platform that will allow the three participating colleges to manage their procurement practices collaboratively to generate savings. Dartmouth College 207 Parkhurst Hall Hanover NH 03755 020222111 501(c)(3) 244500 To implement ePortfolios for all students and refine the directed self-placement process as tools for knowledge transfer within undergraduate writing. Eastern Connecticut State University 83 Windham Street Willimantic CT 06226 061277820 501(c)(3) 202143 Support for a two-year project to strengthen students' critical thinking, reading and writing skills beginning with the First Year Introduction (FYI 100) course and continuing through the Level 2 Writing Intensive (WI) course in each major. Forum for the Future of Higher Education MIT-E90-1210 One Main Street Cambridge MA 02142 043333819 501(c)(3) 300000 Support for an editorial partnership between the Forum for the Future of Higher Education and WGBH Educational Foundation designed to drive and inform the public around issues of higher education. Gordon College 255 Grapevine Road Wenham MA 019841899 042104258 501(c)(3) 196033 To design and implement an assessment system of student learning outcomes and to develop faculty leaders who can partner with administrators in supporting the new program. Johnson State College 337 College Hill Johnson VT 05656 030213787 Vermont 224646 To create a new general education program for Johnson State and Lyndon State Colleges as they unite to become Northern Vermont University. Lasell College 1844 Commonwealth Avenue Newton MA 024662716 042103585 501(c)(3) 75000 To sustain the collaboration as it explores innovative means of lowering the cost of attending small independent colleges. Lasell College 1844 Commonwealth Avenue Newton MA 024662716 042103585 501(c)(3) 100000 Support to expand a pilot lower cost alternative program of study for college sophomores by creating a full-year of online education at significantly reduced cost. University of Southern Maine PO Box 9300 96 Falmouth Street Portland ME 041049300 016000769 501(c)(3) 228996 To support interdisciplinary faculty teams in creating or modifying courses to address environmental stewardship through community engagement. The project will span five New England states. Marlboro College PO Box A 2582 South Road Marlboro VT 05344 030179593 501(c)(3) 130000 To support curriculum development and assessment of student learning outcomes. Merrimack College 315 Turnpike Street North Andover MA 01845 042103731 501(c)(3) 229346 To institutionalize experiential education across the curricular, academic support and co-curricular offerings. Middlebury College 14 Old Chapel Road Middlebury VT 05753 030179298 501(c)(3) 120000 Support for advancement of digital pedagogy through courses focused on digital learning and research and the creation of senior work in digital form. New England College 98 Bridge Street Henniker NH 032423298 020223955 501(c)(3) 76400 Support to develop and implement a Student Success Plan and a Center for Student Success for first-year students. Regis College 235 Wellesley Street Weston MA 024931571 042104451 501(c)(3) 172926 To guide the Regis community in utilizing e-Portfolios to support reflective integrative learning among students and to aid the College in the assessment of student learning. Rivier University 420 Main Street Nashua NH 030605086 020223339 501(c)(3) 205379 To employ the components of applied positive psychology through a connective framework of strengths-based pedagogies engaging faculty, academic advising, career services and student affairs professionals. Sacred Heart University 5151 Park Avenue Fairfield CT 06825 660776644 501(c)(3) 203098 Support to establish a critical thinking program as a component of the University's Core Curriculum. Saint Michael's College One Winooski Park Box 251 Colchester VT 05439 030179403 501(c)(3) 158000 Support for faculty as they deliver a new Liberal Studies curriculum and a new advising and mentoring program. Thomas College 180 West River Road Waterville ME 04901 010563385 501(c)(3) 141835 Support for course redesign to incorporate open source educational materials in lieu of textbooks. Tufts University 80 George Street Medford MA 02155 042103634 501(c)(3) 175677 To develop a curricular and pedagogical model to support authentic engagement in science for undergraduates at the introductory level. Unity College 90 Quaker Hill Road Unity ME 04988 010275130 501(c)(3) 291000 To design, pilot and implement a year-round campus model. University of Maine at Machias 9 OBrien Avenue Machias ME 04654 016000769 501(c)(3) 201912 Support for expansion of the Supplemental Instruction Program to all non-STEM courses. University of Massachusetts Dartmouth 285 Old Westport Road Dartmouth MA 027472300 237336988 501(c)(3) 10000 To implement an Incentive-based budget model. University of Massachusetts Dartmouth 285 Old Westport Road Dartmouth MA 027472300 237336988 501(c)(3) 166000 To implement an RCM process to provide incentives for management of allocated costs and to maximize revenue for all units throughout the campus. University of New Haven 300 Boston Post Road West Haven CT 06516 060761704 501(c)(3) 103125 To incorporate a series of learning modules in the first-year experience course to support the development of critical thinking skills while teaching students how to live and learn safely and intelligently in the online environment. Wesleyan University 237 High Street Middletown CT 064590290 060646959 501(c)(3) 50000 Support for a six-college collaboration to discover best practices in the teaching of oral communication skills to undergraduate students. Worcester Polytechnic Institute 100 Institute Road Worcester MA 016092280 042760551 501(c)(3) 240000 To facilitate student, faculty, and staff understanding of teamwork and team advisement in ways that value and utilize contributions of all team members. 31 0 Part I, Line 2: The Organization conducts site visits for colleges/universities seeking funding and requires progress and completion reports from the grantee. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Director of Finance and Chairman both review Form 990 prior to it being filed with the IRS or other State entity. Form 990, Part VI, Section B, line 12c The trustees disclose potential conflicts of interest annually. The disclosures are identified on a conflict of interest disclosure form. At the time the form is completed, the trustees discuss the disclosures to ensure no conflicts of interest exist. Trustees abstain from voting if a conflict exists. Form 990, Part VI, Section B, line 15 Employee performance and salary reviews are conducted annually on the anniversary of employment and consist of: a performance review, a determination of whether the employee's salary is consistent within the industry, and a determination as to whether the yearly increases reflect merit, inflation, and/or changes of responsibilities. The employee will provide a narrative of accomplishments over the past year and a description of goals for the upcoming year. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Page 7, Part VII: Five of six trustees of the Davis Educational Foundation receive trustee fees annually. Peter Davis is a family member and does not receive any compensation from the Foundation in any form. The Davis Educational Foundation supports payment of trustee fees because of the significant work necessary when evaluating applicants. The trustees conduct site visits for colleges/universities seeking funding, and therefore, they travel throughout New England. Site visits are conducted by trustees in order to properly evaluate the grantee applications. The Organization contends that these payments do not impair the independence of its trustees. Schedule A, Part I, Line 11: Per the declaration of trust, a majority of the trustees shall be appointed by the representative supported organization. The trustees determine the recipients of the Davis Educational Foundation grants each year. Wellesley College 106 Central Street Wellesley MA 024818203 042103637 Educational Institution MA 501(c)(3) Line 2 N/A 0 Dartmouth College 37 Dewey Field Road Hanover NH 037551417 020222111 Educational Institution NH 501(c)(3) Line 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0