The Mark E and Mary a Davis Foundation

BELLE PLAINE, MN EIN: 32-6369521

The Mark E and Mary A Davis Foundation is a private foundation based in Belle Plaine, Minnesota. The foundation operates as a grantmaking organization supporting charitable causes across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$78K

-99.8% YoY

Annual Giving

$29.8M

+3013.3% YoY

Grant Count

98

+0.0% YoY

Avg Grant Size

$305K

+3013.3% YoY

Under IRS private-foundation payout rules, The Mark E and Mary a Davis Foundation reported a distributable amount of $488K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes grants across a diverse range of recipients and causes. Recent grant activity shows:

Grant Range

**: Typical awards range from $250 to $400,000, with some significantly larger distributions

How to Apply

**: The foundation does not accept unsolicited applications

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across numerous states including California, Florida, Minnesota, New York, Pennsylvania, Texas, Virginia, and many others. Its funding reaches both major urban centers and smaller communities throughout the United States.

Grant Distribution by State

23states
+15 more states

Cities

AbileneAbingdonAlbert LeaAlexandriaAnnapolis JunctionArlingtonAtlantaBedfordBemidjiBerryvilleBismarckBloomingtonBooneBostonBrookingsBrooklyn ParkChaskaCherry HillChillicotheClarksburg

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Total Assets: $31.6 million
  • Total Distributions: $29.9 million
  • Total Expenses: $29,913,271
  • Total Revenues: $17,818,664
  • Investment Income and Dividends: $295,704

Prior Year (2023):

  • Total Assets: $26.1 million
  • Total Giving: $3.4 million
  • Number of Grants: 106
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$25M$33M20202021202220232024
Metric202420232022
Total Assets$78,085$31,580,832$26,085,955
Revenue$17,818,664$714,310$2,390,710
Expenses$29,913,271$1,019,482$3,498,405
Qualifying Distributions$29,853,118$961,375$3,415,675
Net Investment Income$17,600,675$663,301$2,354,555
Distributable Amount$487,916$1,394,164$1,432,825

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$15M$22M$30M94 grants2020104 grants2021106 grants202298 grants202398 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAYO CLINIC$5.6MHORATIO ALGER ASSOCIATIO…$100KAMERICAN EXPERIMENT$25KFEDERATED INSURANCE FOUN…$25KGEORGE W BUSH FOUNDATION$25KCATO INSTITUTE$15KCHURCH OF SAINT PETER$15KCHURCH OF THE HOLY COMMU…$15KBOLDER OPTIONS$5KHILLSDALE COLLEGE$5K

Grant Size Distribution

250 grants across all recorded years

235<$50K8$50–100K1$100–250K5$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayo Clinic ($5,600,000), Horatio Alger Association of Distinguished Americans Inc ($100,000), American Experiment ($25,000).

RecipientPurposeAmount
ALZHEIMER'S DISEASE RESEARCH (BRIGHTFOCUS FOUNDATION) CLARKSBURG, MDGENERAL SUPPORT$500
AMERICAN DIABETES ASSOCIATION MERRIFIELD, VAGENERAL SUPPORT$500
AMERICAN EXPERIMENT GOLDEN VALLEY, MNGENERAL SUPPORT$25,000
AMERICAN PARKINSON DISEASE ASSOCIATION MERRIFIELD, VAGENERAL SUPPORT$500
ARMY HISTORICAL FOUNDATION WASHINGTON, DCGENERAL SUPPORT$500
BLUE EARTH COUNTY HISTORICAL SOCIETY MANKATO, MNGENERAL SUPPORT$500
BOLDER OPTIONS MINNEAPOLIS, MNGENERAL SUPPORT$5,000
CARING BRIDGE ALBERT LEA, MNGENERAL SUPPORT$500
CATO INSTITUTE WASHINGTON, DCGENERAL SUPPORT$15,000
CHARLEMAGNE INSTITUTE BLOOMINGTON, MNGENERAL SUPPORT$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by:

  • Mark E. Davis – Trustee
  • Mary A. Davis – Trustee
  • James T. Ward – Treasurer

All three serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARK E DAVISTRUSTEE1
MARY A DAVISTRUSTEE1
JAMES T WARDTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from The Mark E and Mary a Davis Foundation?

The foundation makes grants across a diverse range of recipients and causes. Recent grant activity shows: • **Grant Range**: Typical awards range from $250 to $400,000, with some significantly larger distributions • **Number of Grants**: The foundation made 98 grants in 2024 • **Median Grant Size**: $1,000 • **Recent Major Recipients** (2024): • National Philanthropic Trust: $23,774,918 • Mayo Clinic: $5,600,000 • Horatio Alger Association of Distinguished Americans: $100,000 • **Application Pr…

Where does The Mark E and Mary a Davis Foundation make grants?

The foundation supports organizations across numerous states including California, Florida, Minnesota, New York, Pennsylvania, Texas, Virginia, and many others. Its funding reaches both major urban centers and smaller communities throughout the United States.

What size grants does The Mark E and Mary a Davis Foundation award?

In 2024, The Mark E and Mary a Davis Foundation awarded 98 grants totaling $29.8M — an average of about $305K per grant, based on its IRS Form 990 filings.

How much is The Mark E and Mary a Davis Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mark E and Mary a Davis Foundation reported a distributable amount of $488K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mark E and Mary a Davis Foundation's EIN?

The Mark E and Mary a Davis Foundation's EIN (Employer Identification Number) is 32-6369521. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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