The Happy Davis Foundation Inc

Foundation · Grantmaker Wilmington, DE EIN: 20-3246052

The Happy Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it made $18K in qualifying distributions. Net investment income was $282K.

Key facts about The Happy Davis Foundation Inc

EIN
20-3246052
Latest 990 filing
Form 990-PF, 2024
Total assets
$2,928,715

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

How The Happy Davis Foundation Inc gives

  • Giving fell 92% from 2020 to 2023. Method
  • In 2024 it paid out 10% 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.

Next steps with The Happy Davis Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+9.8% YoY

Revenue

$283K

+86.5% YoY

Qualifying Distributions

$18K

-44.2% YoY

Expenses

$20K

-44.5% YoY

Under IRS private-foundation payout rules, The Happy Davis Foundation Inc reported a distributable amount of $179K for 2024 — the minimum it must pay out in qualifying distributions.

About The Happy Davis Foundation Inc

Based on IRS filings

The Happy Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it made $18K in qualifying distributions. Net investment income was $282K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BooneDallasDenisonFort Worth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$82K$163K$245K$326K20202021202220232024
Metric202420232022
Total Assets$2,928,715$2,666,610$2,551,980
Revenue$282,557$151,509$217,394
Expenses$20,452$36,879$28,728
Qualifying Distributions$18,446$33,085$20,281
Net Investment Income$282,355$151,334$217,169
Distributable Amount$179,116$160,379$157,972

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$135K$180K3 grants20200 grants20210 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Kris DavisDir, VP1—
Linda DavisDir1—
Ray C DavisPres, Dir, Sec1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Happy Davis Foundation Inc?

The Happy Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $2.9M in total assets as of 2024.

How large is The Happy Davis Foundation Inc?

As of 2024, The Happy Davis Foundation Inc holds $2.9M in total assets with $283K in annual revenue.

Where does The Happy Davis Foundation Inc operate?

The Happy Davis Foundation Inc has awarded grants in North Carolina, Texas.

How much is The Happy Davis Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Happy Davis Foundation Inc reported a distributable amount of $179K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Happy Davis Foundation Inc's EIN?

The Happy Davis Foundation Inc's EIN (Employer Identification Number) is 20-3246052. IRS Form 990 filing data is available on this page for 2020–2024.

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

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