Davis Educational Foundation

YARMOUTH, ME EIN: 04-2864042 Website

To strengthen the undergraduate programs of public and private, regionally accredited baccalaureate degree granting colleges and universities located in New England through grants.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$130.3M

+10.2% YoY

Annual Giving

$3.4M

+58.5% YoY

Grant Count

22

+37.5% YoY

Avg Grant Size

$156K

+15.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$10M20202021202220232024
Metric202420232022
Total Assets$130,344,004$118,326,807$103,795,591
Revenue$5,154,414$3,596,754$2,690,787
Expenses$4,519,063$3,273,990$4,986,116
Qualifying Distributions
Net Investment Income$4,863,220$3,335,909$2,473,661
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M104 grants202031 grants202123 grants202216 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Vermont$322KCollege of Our Lady of t…$318KRhode Island School of D…$315KUniversity of Connecticut$297KEastern Connecticut Stat…$281KSalem State University$274KBowdoin College$249KBabson College$240KLasell University$233KPlymouth State University$232K

Grant Size Distribution

196 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Davis Educational Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Leanne Greeley BondDirector of Grants & Programs$137KYvonne B MummeChief Finance & Admin. Officer$130KEdward MacKayChair$44KSister M Therese Ant…Trustee$29KRichard FreelandTrustee$29KA Clayton SpencerTrustee$29KDennis BerkeyPast Trustee$14K

From 2024 filing

NameTitleHoursCompensation
Leanne Greeley BondDirector of Grants & Programs36$137,281
Yvonne B MummeChief Finance & Admin. Officer32$129,592
Edward MacKayChair12$43,750
Sister M Therese AntoneTrustee8$28,750
Richard FreelandTrustee8$28,750
A Clayton SpencerTrustee8$28,750
Dennis BerkeyPast Trustee8$13,750
William WheelerTrustee8

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

7states

Cities

AmherstAuburndaleAugustaBabson ParkBangorBar HarborBenningtonBeverlyBiddefordBostonBridgewaterBristolBrunswickBurlingtonCambridgeCastineCastletonChestnut HillChicopeeColchester

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

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