The Billy & Patty Davis Foundation
The Billy & Patty Davis Foundation is a private foundation focused on religion, based in Waco, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $75K. Net investment income was $131K.
The Billy & Patty Davis Foundation at a glance
In short: The Billy & Patty Davis Foundation gave $75K across 1 grant in 2025 (avg $75K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,000
- -40.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $75,000
- -40.0% vs 2024
- Median grant
- $75,000
- Total assets
- $1,967,794
- +2.9% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Billy & Patty Davis Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mission Waco ($75K).
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 19 grants of 22 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Billy & Patty Davis Foundation gives
- Giving fell 40% from 2022 to 2025. Method
- In 2025 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $75K (2025) to $131K (2023). In 2025 it made 1 grant totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mission Waco Waco, TX | General Fund | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,967,794 | $170,912 | $115,900 | $75,000 | 1 | $75,000 | $130,742 | $94,629 |
| 2024 | $1,912,782 | $82,219 | $155,297 | $125,000 | 1 | $125,000 | $52,054 | $101,974 |
| 2023 | $1,967,067 | $23,509 | $157,891 | $131,000 | 2 | $131,000 | $9,473 | $103,156 |
| 2022 | $2,101,449 | $105,989 | $152,082 | $125,000 | 7 | $125,000 | $11,203 | $98,425 |
| 2021 | $2,147,542 | $1,281,886 | $134,344 | $130,000 | 11 | $130,000 | $27,217 | $58,807 |
| 2020 | $1,000,000 | $1,000,000 | — | — | — | — | — | $5,667 |
Under IRS private-foundation payout rules, The Billy & Patty Davis Foundation reported a distributable amount of $95K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Billy & Patty Davis Foundation is led by Billy Davis, President & Director on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Billy Davis
President & Director
On filings since 2020
1 hr/week
No compensation reported
Kimberly McMillan
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Melissa Blue
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Patty Davis
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Billy & Patty Davis Foundation
How much does The Billy & Patty Davis Foundation give each year?
The Billy & Patty Davis Foundation gave $75K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $125K across 1 grant.
How large is The Billy & Patty Davis Foundation?
The Billy & Patty Davis Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Billy & Patty Davis Foundation?
The Billy & Patty Davis Foundation is a private foundation focused on religion, based in Waco, TX. It holds $2.0M in total assets as of 2025.
Where does The Billy & Patty Davis Foundation operate?
The Billy & Patty Davis Foundation has awarded grants in Indiana, Missouri, Texas.
What is The Billy & Patty Davis Foundation's EIN?
The Billy & Patty Davis Foundation's EIN (Employer Identification Number) is 85-3997406. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 25, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 24, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Billy & Patty Davis Foundation funds
Religion Related Open opportunities, soonest deadline first.
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