Arthur V Davis Foundation Pf #3

PONTE VEDRA BEACH, FL EIN: 59-6159693

Arthur V Davis Foundation PF #3 is a private foundation based in Ponte Vedra Beach, Florida, established in 1965 upon the death of Arthur Vining Davis. The foundation was created as part of the Arthur Vining Davis Foundations, which operate as two separate legal entities (Foundation No. 2 and No. 3) with shared administration. Arthur Vining Davis was the first employee of Pittsburgh Reduction Company (later Alcoa), serving as the company's president and chairman. He was listed as the third-richest individual in the world at his retirement in 1957.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$193.4M

+4.4% YoY

Annual Giving

$7.3M

-2.9% YoY

Grant Count

74

-20.4% YoY

Avg Grant Size

$98K

+22.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations advancing "religious, charitable, scientific, literary, and educational purposes." Current strategic priorities include investing in "key assets that define our common future including education, spirituality, health, and the well-being of the environment."

Primary funding areas:

  • Private Higher Education — Support for private colleges and universities emphasizing undergraduate, liberal arts education. Proposals from associations and consortia serving such institutions are welcome. A portion of funding is reserved annually for historically Black colleges and universities, Native American tribal colleges, schools within the Appalachian College Association, and members of the Work College Consortium.

  • Public Educational Media — Support for public media entities producing and distributing high-quality educational content for youth and adult audiences. Television program grants support series, individual episodes, and films produced by PBS stations or production companies with commitments for national, primetime broadcast. Funding has focused on history, science, and children's series. The foundation also supports a limited number of invitation-only grants for local public journalism and publicly distributed podcasts.

  • Interfaith Leadership & Religious Literacy — Support for interfaith understanding and religious literacy initiatives.

  • Environmental Solutions — Support for environmental stewardship and solutions.

  • Palliative Care — Support for palliative care initiatives.

Grantmaking

Grant Range

& Range:**

Average Grant

amounts vary; recent grants have ranged from $25,000 to $500,000

How to Apply

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Geographic Focus

Where this funder awards grants

United States only

Grant Distribution by State

31states
+23 more states

Cities

AlbionAnnapolisArlingtonAshevilleAspenAtlantaAuburnBainbridge IslandBerkeleyBethesdaBeverly HillsBostonBozemanBrookhavenBrooklynBurlingtonCambridgeCarol StreamCeleCenterville

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $185,190,690
  • Total Revenues: $11,097,110
  • Total Expenses: $9,208,762
  • Total Liabilities: $1,580,000
  • Investment Income and Dividends: $3,983,395

Staffing:

  • 6 employees (as of 2023)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$13M$19M$25M20202021202220232024
Metric202420232022
Total Assets$193,352,499$185,190,690$174,765,219
Revenue$8,221,709$11,097,110$10,831,385
Expenses$9,110,815$9,208,762$10,817,574
Qualifying Distributions$8,633,043$8,770,178$10,203,816
Net Investment Income$7,657,505$10,723,349$10,451,694
Distributable Amount$9,372,753$8,723,445$9,227,275

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M84 grants202095 grants20211 grants202293 grants202374 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WETA PBS$800KCERES$375KWJCT$375KDIVISION OF HOMELAND MIN…$300KYALE UNIVERSITY$298KCHRISTIANITY TODAY INTER…$225KPBS FOUNDATION$194KAUGSBURG UNIVERSITY$190KCOUNCIL OF INDEPENDENT C…$180KNC INDEPENDENT COLLEGES …$174K

Grant Size Distribution

201 grants across all recorded years

120<$50K16$50–100K38$100–250K24$250–500K2$500K–1M$1–5M1$5M+

Open Grants

2 open opportunities from Arthur V Davis Foundation Pf #3

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICACORPORATE TRUSTEE$280KDR MICHAEL MURRAYPRESIDENT$247K

From 2024 filing

NameTitleHoursCompensation
SERENA DAVIS HALLCHAIR5
JONATHAN DAVISTRUSTEE1
DR MICHAEL MURRAYPRESIDENT20$246,627
MAYNARD DAVISTRUSTEE1
BANK OF AMERICACORPORATE TRUSTEE1$280,123
ALICIA JAWORSKITRUSTEE1
JOHN L KEETRUSTEE1
MARGARET MAIDENTRUSTEE1
IAN H DAVISTRUSTEE1
AMANDA DAVISTRUSTEE1
CHRISTOPHER V DAVISTRUSTEE1
JOHN R KEETRUSTEE1
DOROTHY DAVIS KEETRUSTEE1
SARA H DAVISTRUSTEE1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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