2017-09-28T08:08:15-05:00 2016-12-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2016-01-01 042864042 Davis Educational Foundation DAVI 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Anne M Vaillancourt Executive Director 2078469132 2017-09-21 1 Joseph R Byrne CPA P01289281 2077752387 2017-09-21 69.49.157.66 2017-09-21 15:29:58 ED P 5294F564B00A52513F48CE399B525CEF5AD90A46 53CA451596873B86A1E24CFE6767DCEC9A681D0F 2016 2021-01-29 14:40:06Z Anne M Vaillancourt 30 Forest Falls Drive No 5 Yarmouth ME 04096 8628678 0 X davisfoundations.org X 1985 MA Awards Grants 6 6 5 1 7826 3876 0 0 0 0 2548818 819373 177095 186503 2725913 1005876 4453600 4316019 0 0 505988 522197 0 0 0 664378 660354 5623966 5498570 -2898053 -4492694 99272458 100278734 2827362 3308012 96445096 96970722 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 4476446 4316019 6825 Grants made to colleges and universities in New England from organization assets, including direct investment related costs. See Schedule I for 2016 grants approved. 4476446 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 5 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA CA X X Anne Vaillancourt 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 William S Reed Chairman 12.00 X X 40000 0 0 Peter K Davis Trustee 8.00 X 0 0 0 Sister M Therese Antone Trustee 8.00 X 25000 0 0 Richard W Cost Trustee 8.00 X 25000 0 0 Judith B Wittenberg Trustee 8.00 X 25000 0 0 Edward MacKay Trustee 8.00 X 25000 0 0 Anne M Vaillancourt Executive Director 16.00 X 117916 0 19060 Leanne Greeley Bond Director of Grants & Programs 40.00 X 103065 0 17043 360981 0 36103 2 0 0 0 0 1208059 7826 1200233 7234116 7622802 -388686 -388686 -388686 Management Fees 900099 179678 179678 Prior Year Grant Recovery 900099 6825 6825 186503 1005876 6825 7826 991225 4316019 4316019 276976 140000 136976 198877 198877 13752 13752 7981 7981 24611 24611 12486 12486 563715 563715 7932 7932 14019 14019 16116 16116 20427 20427 5485 5485 2015 2015 UBI Tax 13281 13281 Dues 3610 3610 Miscellaneous 1268 1268 5498570 4476446 1022124 0 798318 370632 74645508 75662863 23824430 24192311 4202 52928 99272458 100278734 140598 83904 2648460 3183935 38304 40173 2827362 3308012 X 96445096 96970722 96445096 96970722 99272458 100278734 -4492694 5018320 0 X 0 1 X 1 0 X X 2 Wellesley College 042103637 2 1 0 0 Dartmouth College 020222111 2 1 0 0 2 0 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 24192311 F 24192311 Due To Related Parties 40173 40173 5273978 5018320 5018320 255658 563715 186503 750218 1005876 4748352 0 4748352 563715 186503 750218 5498570 Part XI, Line 4b - Other Adjustments: Management Fees 179,678. Prior Year Grant Recovery 6,825. Part XII, Line 4b - Other Adjustments: Management Fees 179,678. Prior Year Grant Recovery 6,825. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 7749295 0 0 0 0 0 0 7749295 0 7749295 0 0 0 0 0 0 1 American International College 1000 State Street Box 10L Springfield MA 011093189 042103701 501(c)(3) 90000 To expand the collaborative initiatives of the Cooperating Colleges of Greater Springfield. American International College 1000 State Street Box 10L Springfield MA 011093189 042103701 501(c)(3) 186400 To support improvements in instruction and assessment of learning outcomes, technology integration, and the scholarship of teaching and learning. Anna Maria College 50 Sunset Lane Paxton MA 016121198 042002060 501(c)(3) 10000 To develop plans for accelerating time to graduation. Bates College 215 College Street Lewiston ME 04240 010211781 501(c)(3) 223536 To launch an Academic Resource Commons as a student-run and student-focused set of academic support services including tutoring, workshops, supplemental instruction, and learning strategies. The Boston Conservatory 8 The Fenway Boston MA 02215 042126597 501(c)(3) 9500 To support a music curriculum strategy group studying opportunities for curricular efficiency in higher education music schools. Cambridge College 1000 Massachusetts Avenue Cambridge MA 02138 510163080 501(c)(3) 297465 To deliver student academic support services and faculty development programming. Castleton University 62 Alumni Drive Castleton VT 05735 030213787 Vermont 85000 To create an Integrative Learning Pathway within the General Education Program to encourage students to reflect on and connect their learning. Colby College 4600 Mayflower Hill Waterville ME 049018846 010211497 501(c)(3) 215678 To improve the abilities and skills needed for writing effectively in the majors and to create an integrated, formalized set of multilingual writing resources for students and faculty. College of Our Lady of the Elms 291 Springfield Street Chicopee MA 010132839 042225850 501(c)(3) 263817 To create culturally-competent and technology-rich student advising, support services and career exploration opportunities. Endicott College 376 Hale Street Beverly MA 01915 042103567 501(c)(3) 106043 To extend critical thinking across the liberal arts curriculum by systematically integrating digital literacy into the undergraduate classroom. Fairfield University North Benson Road Fairfield CT 068245195 060646623 501(c)(3) 138000 To implement an enhanced and revised core curriculum with emphasis on curriculum development, faculty training, and new operational efficiencies. Fisher College 118 Beacon Street Boston MA 02116 042005934 501(c)(3) 10000 Support to purchase and implement a user-friendly data dashboard reporting system. Framingham State University PO Box 9101 Framingham MA 017019101 046002284 501(c)(3) 10000 FSU@MassBay, a degree completion program for community college students. Goddard College 123 Pitkin Road Plainfield VT 05667 030179419 Vermont 10000 Senior Leadership Retreat Goodwin College 1 Riverside Drive East Hartford CT 06118 061627882 Connecticut 129788 To assist faculty in implementing the principles of Universal Design for Learning into their curricula to ensure inclusivity, fairness, and equity for all students. Gordon College 255 Grapevine Road Wenham MA 019841899 042104258 501(c)(3) 10000 To continue presidential briefings on Gordon's financial future. Hampshire College 893 West Street Amherst MA 01002 046130872 501(c)(3) 9750 To support continued research of the high-impact educational practices currently being implemented for students, which will inform future cost containment decisions. Husson University One College Circle Bangor ME 044012999 010271210 501(c)(3) 10000 To engage the broader campus community in focused workshops that address the link between resources and educational quality. Keene State College 229 Main Street Keene NH 03435 026000937 501(c)(3) 10000 To redesign four administrative service areas and support effective leadership throughout the campus. Laboure College 303 Adams Street Milton MA 02186 042134818 Massachusetts 150000 To redesign curricula and instructional practices to improve student learning outcomes in critical thinking, communication, and problem solving. Landmark College 19 River Road S Putney VT 05346 222586208 501(c)(3) 131220 To integrate, articulate and apply Landmark's unique, research-based best practices for teaching and supporting writing for students with learning differences. Lasell College 1844 Commonwealth Avenue Newton MA 024662716 042103585 501(c)(3) 50000 Consortium to study lower cost models for independent colleges Massachusetts Institute of Technology 77 Massachusetts Ave Cambridge MA 02139 042103594 501(c)(3) 240000 To develop reasoning diagrams and accompanying instructional materials for six STEM disciplines for use at MIT and other universities. Merrimack College 315 Turnpike Street North Andover MA 01845 042103731 501(c)(3) 10000 Funding for Assessment Committee retreats in November 2016 and Spring 2017 to evaluate the effectiveness of a new course schedule. Newbury College 129 Fisher Avenue Brookline MA 024455796 042452884 501(c)(3) 171400 To improve data collection and delivery of student services and academic resources to improve student success. Quinnipiac University 275 Mt Carmel Avenue Hamden CT 065181908 060646701 501(c)(3) 146344 To demonstrate the relevance and value of the arts and sciences through strategically revised coursework, fieldwork and advising. Saint Michael's College SMC Box 1 One Winooski Park Colchester VT 05439 030179403 501(c)(3) 10000 Support to design and implement a comprehensive student development program linking undergraduate liberal arts curriculum and co-curriculum with work experience and career preparation. Salve Regina University 100 Ochre Point Avenue Newport RI 028404192 050259080 501(c)(3) 173860 To increase faculty and student community engagement and civic learning opportunities. Simmons College 300 The Fenway Boston MA 021155898 042103629 501(c)(3) 10000 To support planning for the implementation of an academic reorganization. Sterling College PO Box 72 Craftsbury Common VT 05827 030197728 501(c)(3) 10000 Faculty engagement for a comprehensive review and study of mission, curriculum and institutional partnerships. Trinity College 300 Summit Street Hartford CT 061063100 060646927 501(c)(3) 131410 To support the expansion of the Community Learning Initiative (CLI) to further develop a robust experiential learning program, engaged learning environment, and increased student retention. Unity College 90 Quaker Hill Road Unity ME 04988 010275130 501(c)(3) 10000 Support for a strategic planning process for the redesign of the first two years of undergraduate education. University of Maine 101 College Avenue Orono ME 04469 016000769 501(c)(3) 187245 Support to design and implement a system in which the learning and skill development outcomes of undergraduate students are assessed and documented through digital badging. University of Maine at Machias 9 OBrien Avenue Machias ME 04654 016000769 501(c)(3) 10000 To develop a model for structural and academic collaboration to advance the missions of the University of Maine and the University of Maine at Machias. University of Maine at Presque Isle 181 Main Street Presque Isle ME 04769 016000769 501(c)(3) 10000 Advancing Multi-Campus Collaboration University of Maine at Presque Isle 181 Main Street Presque Isle ME 04769 016000769 501(c)(3) 243223 A program of faculty development, technology implementation, and student support to advance the University's implementation of outcome-based education. University of Massachusetts Lowell One University Avenue Lowell MA 01852 043167352 501(c)(3) 67100 To develop LearningForce, an online networked platform to create a community of knowledge to be shared and utilized by faculty, staff and students. University of Massachusetts System One Beacon Street Floor 33 Boston MA 02108 043167352 501(c)(3) 400000 To launch a Business Process Review project with the goal of upgrading the Enterprise Resource Planning systems. University of Rhode Island Green Hall Kingston RI 02881 056014351 501(c)(3) 299240 To pilot new models of faculty development, assessment, student support, and affordable education resources in support of a new general education program. Wheelock College 200 The Riverway Boston MA 022154716 042103639 501(c)(3) 10000 To support the facilitation of improved campus-wide cost savings. 40 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 B, line 11b The Executive Director and the chairman of the board review Form 990 prior to the document's filing, and the Executive Director signs the return. 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. 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, prorated for the amount of time each trustee has been on the board. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0