Davatzes Family Foundation Inc

WILTON, CT EIN: 20-0446948

Davatzes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 16 grants totaling $235K. Net investment income was $145K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

-2.3% YoY

Annual Giving

$235K

+2.2% YoY

Grant Count

16

+14.3% YoY

Avg Grant Size

$15K

-10.6% YoY

Under IRS private-foundation payout rules, Davatzes Family Foundation Inc reported a distributable amount of $226K for 2024 — the minimum it must pay out in qualifying distributions.

About Davatzes Family Foundation Inc

Based on IRS filings

Davatzes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 16 grants totaling $235K. Net investment income was $145K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BridgeportElmsfordGeorgetownJenkintownMount VernonNew YorkNorwalkOrlandoPhiladelphiaPurchaseQueensSagponackStamfordTampaTarrytownWhitestoneWilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$616K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$3,937,871$4,032,482$4,036,361
Revenue$182,762$265,973$2,239,934
Expenses$277,373$269,852$273,503
Qualifying Distributions$237,380$232,375$232,200
Net Investment Income$145,264$230,196$208,233
Distributable Amount$226,473$211,645$183,437

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$118K$176K$235K15 grants202011 grants202115 grants202214 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TEMPLE UNIVERSITY$25KWILTON LIBRARY ASSOCIATION$25KWILTON LIBRARY$25KABINGTON FRIENDS SCHOOL$20KTEMPLE UNIVERSITY$20KSUN RIVER HEALTH FOUNDAT…$15KTHE INSTITUTE FOR SUPPOR…$15KTHEATRE FOR NEW YORK CITY$15KTRACKSIDE TEEN CENTER$15KFAMILY & CHILDREN'S AGENCY$10K

Grant Size Distribution

71 grants across all recorded years

67<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Temple University ($25,000), Wilton Library Association ($25,000), Wilton Library ($25,000).

RecipientPurposeAmount
ABINGTON FRIENDS SCHOOL JENKINTOWN, PAUNRESTRICTED$20,000
CANCER SUPPORT TEAM PURCHASE, NYFINANCIAL ASSISTANCE PROGRAM$5,000
FAMILY & CHILDREN'S AGENCY NORWALK, CTUNRESTRICTED$10,000
FEEDING WESTCHESTER ELMSFORD, NYUNRESTRICTED$10,000
METROPOLITAN MINISTRIES TAMPA, FLUNRESTRICTED$10,000
NORTHEAST POLLINATOR PATHWAY INC WILTON, CTUNRESTRICTED$10,000
NORWALK RIVER VALLEY TRAIL GEORGETOWN, CTUNRESTRICTED$10,000
PENNSYLVANIA COMMONWEALTH YOUTHCHOIRS PHILADELPHIA, PAUNRESTRICTED$5,000
SUN RIVER HEALTH FOUNDATION TARRYTOWN, NYUNRESTRICTED$15,000
TEMPLE UNIVERSITY PHILADELPHIA, PAGENE ULMER UNDERGRADUATE SUPPORT FUND$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GEORGE NICHOLAS DAVATZESVICE-PRESIDENT & TREASURER
NICHOLAS CHRISTOPHER DAVATZESVICE-PRESIDENT & SECRETARY
CAROL FERRANDINOPRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Davatzes Family Foundation Inc?

Davatzes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, CT. It holds $3.9M in total assets as of 2024.

How large is Davatzes Family Foundation Inc?

As of 2024, Davatzes Family Foundation Inc holds $3.9M in total assets with $183K in annual revenue. It awarded 16 grants totaling $235K in 2024.

Where does Davatzes Family Foundation Inc operate?

Davatzes Family Foundation Inc has awarded grants in Connecticut, Florida, New York, Pennsylvania.

What size grants does Davatzes Family Foundation Inc award?

In 2024, Davatzes Family Foundation Inc awarded 16 grants totaling $235K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Davatzes Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Davatzes Family Foundation Inc reported a distributable amount of $226K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Davatzes Family Foundation Inc's EIN?

Davatzes Family Foundation Inc's EIN (Employer Identification Number) is 20-0446948. IRS Form 990 filing data is available on this page for 2020–2024.

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

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