Ruth Q Davis Foundation Inc

Foundation · Grantmaker NASHVILLE, TN EIN: 72-1367496

Ruth Q Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 14 grants totaling $92K. Net investment income was $114K.

Key facts about Ruth Q Davis Foundation Inc

EIN: 72-1367496
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $92,104
Grants made (2024): 14
Average grant: $6,579
Median grant: $5,000
Total assets: $2,097,940
Primary geography: Alabama (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Ruth Q Davis Foundation Inc funds

By grant dollars, the top recipient states for Ruth Q Davis Foundation Inc's 14 itemized 2024 grants were Alabama (94%) and Tennessee (5%). The most frequent recipient cities were Anniston, AL (2 grants), Mobile, AL (2 grants) and Birmingham, AL (2 grants). None of its 14 grants with a stated purpose were described as general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-3.6% YoY

Annual Giving

$92K

-16.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-16.8% YoY

Under IRS private-foundation payout rules, Ruth Q Davis Foundation Inc reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth Q Davis Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $86K (94%)

Tennessee $5K (5%)

District of Columbia $830 (1%)

Share of all 14 itemized 2024 grant dollars.

States

Alabama District of Columbia Tennessee

Cities

MobileAnnistonBirminghamNashvilleBirminmghamMemphisMonroevilleHooverWashingtonRockfordSpanish FortAshlandDaphnePine HillTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,097,940	$2,176,511	$2,277,999
Revenue	$106,708	$118,068	$96,983
Expenses	$186,794	$219,375	$196,001
Qualifying Distributions	$161,031	$180,874	$151,463
Net Investment Income	$113,754	$124,965	$96,422
Distributable Amount	$112,052	$111,862	$119,381

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

64 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Coastal Alabama Community College ($25,500), Community Found of Birmingham ($15,000 across 2 grants), Arc of Calhoun & Cleburne Counties ($12,000).

Recipient	Purpose	Amount
COASTAL ALABAMA COMMUNITY COLLEGE MONROEVILLE, AL	NURSING EDUCATION	$25,500
ARC OF CALHOUN & CLEBURNE COUNTIES ANNISTON, AL	AID TO PERSONS WITH DISABILITIES	$12,000
COMMUNITY FOUND OF BIRMINGHAM BIRMINMGHAM, AL	BOILING SPRINGS FARM FUND	$10,000
FREEDOM FARM TUSCALOOSA, AL	HOME FOR AT-RISK KIDS	$6,000
UMS WRIGHT MOBILE, AL	EDUCATION	$5,500
COMMUNITY FOUND OF BIRMINGHAM BIRMINGHAM, AL	QUICK BRIDGE HEALTH FUND	$5,000
HELEN JAMES FOUNDATION MEMPHIS, TN	FAMILIES WITH A STILLBORN CHILD	$5,000
COMMUNITY ENABLER ANNISTON, AL	PROVIDE FOR NEEDS OF THE POOR	$5,000
SPRING HILL PRESBYTERIAN CHURCH MOBILE, AL	MOTHER'S AND CHILDREN'S PROGRAMS	$5,000
WEST END COMMUNITY CHURCH BIRMINGHAM, AL	CHRISTIAN MINISTRY	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CLAY S AGEE	PRES/DIR	10	$21,000
LESA N AGEE	TREAS/DIR	8	$15,000
WILLIAM HENRY AGEE	SEC/DIR	1	—
ANNA M AGEE	VP/DIR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ruth Q Davis Foundation Inc?

Ruth Q Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. It holds $2.1M in total assets as of 2024.

How large is Ruth Q Davis Foundation Inc?

As of 2024, Ruth Q Davis Foundation Inc holds $2.1M in total assets with $107K in annual revenue. It awarded 14 grants totaling $92K in 2024.

Where does Ruth Q Davis Foundation Inc operate?

Ruth Q Davis Foundation Inc has awarded grants in Alabama, District of Columbia, Tennessee.

What size grants does Ruth Q Davis Foundation Inc award?

In 2024, Ruth Q Davis Foundation Inc awarded 14 grants totaling $92K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Ruth Q Davis Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth Q Davis Foundation Inc reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.