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Davis Educational Foundation

Public charity · Grantmaker Yarmouth, ME EIN: 04-2864042 Website

The Davis Educational Foundation is a public charity based in Yarmouth, Maine. Formed in 1985, it makes grants to strengthen undergraduate programs at public and private, regionally accredited, baccalaureate degree-granting colleges and universities in New England.

Davis Educational Foundation at a glance

In short: Davis Educational Foundation gave $3.4M across 22 grants in 2024 (avg $156K), top state Massachusetts. 40% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$3,424,085
+58.5% vs 2023
Grants made (2024)
22
+37.5% vs 2023
Average grant
$155,640
+15.3% vs 2023
Median grant
$149,895
Total assets
$130,344,004
+10.2% vs 2023
New grantees (estimate)
40% first-time grantees (8 of 20, 2024; small sample)
Primary geography
Massachusetts (43% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Davis Educational Foundation

Review Cycle
The listed 2026 Implementation Grant deadlines were February 10 and October 1, both past as of October 2, 2026. Applications are due by noon.
Deadline
The listed 2026 Implementation Grant deadlines were February 10 and October 1, both past as of October 2, 2026.
Contact

Mailing address: 30 Forest Falls Dr Ste 5, Yarmouth, ME 04096
Phone: (207) 846-9132
Website: https://davisfoundations.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Davis Educational Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

College of Our Lady of the Elms: $328K across 2 grantsCollege of Our Lady of theElms$328K · 2 grantsRhode Island School of Design: $325K across 2 grantsRhode Island School of Design$325K · 2 grantsUniversity of Vermont: $322KUniversity of Vermont$322KUniversity of Connecticut: $297KUniversity of Connecticut$297KEastern Connecticut State University: $281KEastern Connecticut StateUniversity$281KSalem State University: $274KSalem State University$274KBowdoin College: $249KBowdoin College$249KBabson College: $240KBabson College$240KLasell University: $233KLasell University$233KPlymouth State University: $232KPlymouth State University$232K

The largest 2024 recipient was College of Our Lady of the Elms ($328K across 2 grants). Together the top 10 received $2.8M.

Grant Size Distribution

196 grants across all recorded years

107<$50K15$50–100K51$100–250K22$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 107 grants of 196 (55%).

Geographic Focus

Where this funder awards grants

Implementation Grant eligibility covers Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. In 2024, the largest shares of grant dollars by recipient state were Massachusetts (43%), Connecticut (17%), New Hampshire (11%), Rhode Island (10%), and Vermont (10%).

Grant Distribution by State

7states

Share of 2024 grant dollars across all 22 itemized grants.

Cities

BostonProvidenceNew LondonNewtonBurlingtonBeverlyManchesterMiltonNew HavenNewportPortlandWillimanticWorcesterAmherstBenningtonBristolChicopeeConcordDurhamFairfield

Is Davis Educational Foundation open to new grantees?

40%

first-time grantees, 2024

In 2024, 8 of 20 grantees (40%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $158K; repeat grants $180K. How we count

Medians: $144K first-time, $237K repeat.

  • 10% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−18%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M104 grants2020 31 grants2021 23 grants2022 16 grants2023 22 grants2024

From 2020 to 2024, annual grant giving ranged from $2.2M (2023) to $6.3M (2020). In 2024 it made 22 grants totaling $3.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Vermont Burlington, VTStudy CATS: Empowering Learners for Long Term Educational Success$322,148
College of Our Lady of the Elms Chicopee, MASOLE: Strengthening Online Learning and Engagement$317,627
Rhode Island School of Design Providence, RIExpanding the Impact of RISD's Teaching & Learning Lab$315,247
University of Connecticut Storrs, CTUASCEND (UConn Advancing Structural Consistency through Educational Networks and Design)$297,000
Eastern Connecticut State University Willimantic, CTEmpowering Sustainable Pedagogical Innovation: ECSU's Faculty Development Initiative$281,120
Salem State University Salem, MACurricular Innovations and Interventions to Improve Outcomes for STEM Majors$274,374
Bowdoin College Brunswick, MEAI in Teaching Initiative$249,300
Babson College Wellesley, MATechnology Entrepreneurship: Layered Learning Opportunities for Students Across the Curriculum$240,000
Lasell University Newton, MAHigh-Demand Academic Programs for More than 100 Colleges$233,000
Plymouth State University Plymouth, NHDesigning Forward: Reimagining Instructional Design for Cluster Learning$231,985
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$130,344,004$5,154,414$4,519,063$3,424,08522$4,863,220
2023$118,326,807$3,596,754$3,273,990$2,159,83116$3,335,909
2022$103,795,591$2,690,787$4,986,116$3,939,69623$2,473,661
2021$128,309,090$9,135,716$5,401,598$4,167,29831$8,881,706
2020$118,032,353$4,067,678$7,457,806$6,310,505104$3,859,473

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

Mission & Focus Areas

The foundation’s mission is to strengthen undergraduate programs at public and private, regionally accredited baccalaureate degree-granting colleges and universities in New England through grants.

Implementation Grants support projects such as curriculum improvement, faculty development, assessment of undergraduate learning outcomes, and efforts to reduce costs while improving learning. The foundation gives preference to projects that strengthen undergraduate general education. The Presidential Grant Program supports college and university leaders exploring ways to improve affordability, contain costs, and bolster institutional financial sustainability.

The foundation supports eligible nonprofit institutions that are regionally accredited, award bachelor’s degrees, and are located in New England; eligible consortia may also apply. Its grantees include institutions with varied missions. For example, Elms College describes its mission as educating a diverse group of students in a supportive learning community, while Bowdoin College describes its mission as providing a four-year liberal arts education. Five Colleges, Inc. describes its mission as promoting cooperation and joint educational and administrative opportunities among its affiliated institutions.

Grantmaking

In filing year 2024, the foundation reported 22 grants totaling $3,424,085. Grant amounts ranged from $10,000 to $322,148, with a median of $149,895. Among the largest awards were $322,148 to the University of Vermont for Study CATS: Empowering Learners for Long Term Educational Success; $317,627 to Elms College for SOLE: Strengthening Online Learning and Engagement; and $315,247 to Rhode Island School of Design for expanding the impact of its Teaching & Learning Lab.

Implementation Grant applications are submitted online and must be coordinated through the applicant institution’s development office. The foundation encourages applicants to contact staff before preparing a proposal; there is no pre-proposal or letter-of-inquiry requirement. The application includes a project narrative. The foundation generally funds one Implementation Grant per institution at a time, with rare consideration of a second application when an active grant is nearing completion. Multi-year Implementation Grants may be awarded, often for two or three years. Ineligible requests include endowments, scholarships, internships, and capital campaigns; the foundation also excludes international travel, new construction or retrofitting, furnishings, and indirect or overhead expenses.

The Presidential Grant Program offers grants of up to $25,000 for a maximum term of one year. Applications are accepted on a rolling basis, and prior recipients may apply again.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Leanne Greeley Bond as Director of Grants & Programs and Yvonne B Mumme as Chief Finance & Admin. Officer. Listed board members include Chair Edward MacKay and trustees Sister M Therese Antone, Richard Freeland, A Clayton Spencer, and William Wheeler; Dennis Berkey is listed as a past trustee.

Davis Educational Foundation is led by Edward MacKay, Chair since 2023 (on filings since 2020); 7 of 8 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Edward MacKay

    Chair

    Chairman → Chair, 2023

    On filings since 2020

    12 hrs/week

    $40K (2020) → $44K (2024)

  • Leanne Greeley Bond

    Director of Grants & Programs

    On filings since 2020

    36 hrs/week

    $120K (2020) → $137K (2024)

  • Richard Freeland

    Trustee

    On filings since 2020

    8 hrs/week

    $25K (2020) → $29K (2024)

  • Sister M Therese Antone

    Trustee

    On filings since 2020

    8 hrs/week

    $25K (2020) → $29K (2024)

  • A Clayton Spencer

    Trustee

    On filings since 2023

    8 hrs/week

    $17K (2023) → $29K (2024)

  • William Wheeler

    Trustee

    On filings since 2023

    8 hrs/week

    No compensation reported

  • Yvonne B Mumme

    Chief Finance & Administrator Officer

    On filings since 2020

    32 hrs/week

    $120K (2020) → $130K (2024)

  • Dennis Berkey

    Past Trustee

    Trustee → Past Trustee, 2024

    On filings since 2023

    8 hrs/week

    $25K (2023) → $14K (2024)

Former officers (3)
  • Former: Judith B Wittenberg (2020–2023) — Past Trustee
  • Former: Peter K Davis (2020–2022) — Past Trustee
  • Former: Richard W Cost (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Leanne Greeley Bond — Director of Grants & Programs: $137KLeanne Greeley BondDirector of Grants & Programs$137KYvonne B Mumme — Chief Finance & Admin. Officer: $130KYvonne B MummeChief Finance & Admin. Officer$130KEdward MacKay — Chair: $44KEdward MacKayChair$44KSister M Therese Antone — Trustee: $29KSister M Therese AntoneTrustee$29KRichard Freeland — Trustee: $29KRichard FreelandTrustee$29KA Clayton Spencer — Trustee: $29KA Clayton SpencerTrustee$29KDennis Berkey — Past Trustee: $14KDennis BerkeyPast Trustee$14K

The highest reported compensation on the 2024 filing was $137K, to Leanne Greeley Bond (Director of Grants & Programs). 7 officers or directors reported compensation on that filing.

Frequently asked questions about Davis Educational Foundation

How much does Davis Educational Foundation give each year?

Davis Educational Foundation gave $3.4M across 22 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.2M across 16 grants.

What is Davis Educational Foundation's typical grant size?

Davis Educational Foundation's median grant in 2024 was $149,895, and its average grant was $155,640, across 22 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Davis Educational Foundation that year got $158K on average.

Where does Davis Educational Foundation give grants?

Davis Educational Foundation's top state is Massachusetts, with 43% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Connecticut (17%) and New Hampshire (11%). The most frequent recipient cities were Chicopee, MA (2 grants) and Providence, RI (2 grants).

Does Davis Educational Foundation give general operating support?

Occasionally: 5% of Davis Educational Foundation's 2024 grants with a stated purpose (1 of 22) were for general or operating support, per its 2024 IRS Form 990.

Who are Davis Educational Foundation's largest grantees?

Davis Educational Foundation's largest 2024 grantees include College of Our Lady of the Elms ($327,627 across 2 grants), Rhode Island School of Design ($325,247 across 2 grants) and University of Vermont ($322,148), according to its 2024 IRS Form 990. Together they received 28% of its itemized 2024 grant dollars.

How large is Davis Educational Foundation?

Davis Educational Foundation reported $130.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.2M.

What does Davis Educational Foundation fund?

The foundation’s mission is to strengthen undergraduate programs at public and private, regionally accredited baccalaureate degree-granting colleges and universities in New England through grants. See mission & focus areas ↑

How do I apply for a grant from Davis Educational Foundation?

Davis Educational Foundation has no public application process in the sources Grantable reviewed. Check davisfoundations.org for current guidelines, or contact the foundation directly before submitting a request.

What is Davis Educational Foundation's EIN?

Davis Educational Foundation's EIN (Employer Identification Number) is 04-2864042. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS October 22, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 5, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 18, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 22, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 29, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Davis Educational Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/davis-educational-foundation-morg_86fbef258a9340748da9e3bf39e98c07

BibTeX
@misc{grantable_042864042_2026,
  author       = {{Grantable}},
  title        = {{Davis Educational Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/davis-educational-foundation-morg_86fbef258a9340748da9e3bf39e98c07},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Davis Educational Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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