The Irene E and George A Davis Foundation

Private foundation · Grantmaker Springfield, MA EIN: 61-1816364

The Irene E and George A Davis Foundation is a private foundation, based in Springfield, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $104.3M in total assets. In 2024, it awarded 1 grant totaling $8.5M. Net investment income was $21.0M.

The Irene E and George A Davis Foundation at a glance

In short: The Irene E and George A Davis Foundation gave $8.5M across 1 grant in 2024 (avg $8.5M), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$8,491,456
+3.7% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$8,491,456
+3.7% vs 2023
Median grant
$8,491,456
Total assets
$104,277,227
+10.0% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

How to apply to The Irene E and George A Davis Foundation

Who The Irene E and George A Davis Foundation funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Springfield

How The Irene E and George A Davis Foundation gives

  • Giving grew 45% from 2021 to 2024. Method
  • In 2024 it paid out 100% 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

$0$2.5M$5M$7.5M$10M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $5.8M (2021) to $8.5M (2024). In 2024 it made 1 grant totaling $8.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached List of Grants Paid Springfield, MASee Attached Schedule of Grants Paid$8,491,456
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$104,277,227$19,917,255$10,460,868$8,491,4561$9,593,563$21,044,248$9,604,091
2023$94,820,840$26,945,016$9,664,055$8,185,6421$8,975,706$4,426,348$8,810,306
2022$77,539,879$10,687,163$8,355,533$6,940,4001$7,606,526$1,718,041$7,679,044
2021$75,208,249$7,677,486$7,266,222$5,849,0621$6,290,999$7,488,063$7,542,976
2020$74,799,666$13,067,801$6,842,644$5,907,4281—$14,982,102$5,803,151

Under IRS private-foundation payout rules, The Irene E and George A Davis Foundation reported a distributable amount of $9.6M for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Irene E and George A Davis Foundation is led by Laurel D. Ferretti, President & Director since 2022 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Laurel D. Ferretti

    President & Director

    Director → President & Director, 2022

    On filings since 2020

    No compensation reported

  • Andrew M. Davis

    Treasurer & Director

    Director → Treasurer & Director, 2023

    On filings since 2020

    No compensation reported

  • Jane E. Davis-Kusek

    Vice President, Secretary & Director

    On filings since 2020

    No compensation reported

  • Stephen A. Davis

    Director

    Vice President, Treasurer & Director → Director, 2023

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: John H. Davis (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Irene E and George A Davis Foundation

How much does The Irene E and George A Davis Foundation give each year?

The Irene E and George A Davis Foundation gave $8.5M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8.2M across 1 grant.

How large is The Irene E and George A Davis Foundation?

The Irene E and George A Davis Foundation reported $104.3M in total assets on its 2024 IRS Form 990-PF. It paid out $9.6M in qualifying distributions that year, against a required minimum of $9.6M (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.

Where does The Irene E and George A Davis Foundation operate?

The Irene E and George A Davis Foundation has awarded grants in Massachusetts.

What is The Irene E and George A Davis Foundation's EIN?

The Irene E and George A Davis Foundation's EIN (Employer Identification Number) is 61-1816364. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Irene E and George A Davis Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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