The Billy & Patty Davis Foundation is a private foundation focused on Religion Related, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $125K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-2.8% YoY
Annual Giving
$125K
-4.6% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$125K
+90.8% YoY
Under IRS private-foundation payout rules, The Billy & Patty Davis Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.
About The Billy & Patty Davis Foundation
Based on IRS filings
The Billy & Patty Davis Foundation is a private foundation focused on Religion Related, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $125K. Net investment income was $52K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,912,782 | $1,967,067 | $2,101,449 |
| Revenue | $82,219 | $23,509 | $105,989 |
| Expenses | $155,297 | $157,891 | $152,082 |
| Qualifying Distributions | $125,000 | $131,000 | $125,000 |
| Net Investment Income | $52,054 | $9,473 | $11,203 |
| Distributable Amount | $101,974 | $103,156 | $98,425 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mission Waco ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MISSION WACO WACO, TX | GENERAL FUND | $125,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILLY DAVIS | PRESIDENT, DIRECTOR | 1 | — |
| PATTY DAVIS | SECRETARY, DIRECTOR | 1 | — |
| KIMBERLY MCMILLAN | DIRECTOR | 0.25 | — |
| MELISSA BLUE | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Billy & Patty Davis Foundation?
The Billy & Patty Davis Foundation is a private foundation focused on Religion Related, based in WACO, TX. It holds $1.9M in total assets as of 2024.
How large is The Billy & Patty Davis Foundation?
As of 2024, The Billy & Patty Davis Foundation holds $1.9M in total assets with $82K in annual revenue. It awarded 1 grants totaling $125K in 2024.
Where does The Billy & Patty Davis Foundation operate?
The Billy & Patty Davis Foundation has awarded grants in Indiana, Missouri, Texas.
What size grants does The Billy & Patty Davis Foundation award?
In 2024, The Billy & Patty Davis Foundation awarded 1 grants totaling $125K — an average of about $125K per grant, based on its IRS Form 990 filings.
How much is The Billy & Patty Davis Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Billy & Patty Davis Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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