The Milton & Libbey Davis Foundation Inc
The Milton & Libbey Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $239K in total assets. In 2024, it awarded 2 grants totaling $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$239K
-14.4% YoY
Annual Giving
$40K
+17.6% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$20K
+135.3% YoY
Under IRS private-foundation payout rules, The Milton & Libbey Davis Foundation Inc reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About The Milton & Libbey Davis Foundation Inc
Based on IRS filings
The Milton & Libbey Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $239K in total assets. In 2024, it awarded 2 grants totaling $40K.
Focus Areas
Ready to take the next step with The Milton & Libbey Davis Foundation Inc?
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 | $238,910 | $279,032 | $317,661 |
| Revenue | $10,642 | $6,971 | $78,108 |
| Expenses | $50,764 | $45,600 | $51,073 |
| Qualifying Distributions | $40,000 | $34,000 | $40,500 |
| Net Investment Income | — | — | $67,535 |
| Distributable Amount | $21,717 | $19,966 | $20,854 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cheder Toras Zev ($30,000), Congregation Zichron Binyomin ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHEDER TORAS ZEV LAKEWOOD, NJ | CHARITABLE PURPOSES | $30,000 |
| CONGREGATION ZICHRON BINYOMIN BROOKLYN, NY | CHARITABLE PURPOSES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN J DAVIS | DIRECTOR & VICE | 2 | — |
| MARCIA CASTLEMAN | Director | 2 | — |
| MAYER GUTTMAN | DIRECTOR & PRES | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Milton & Libbey Davis Foundation Inc?
The Milton & Libbey Davis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOWSON, MD. It holds $239K in total assets as of 2024.
How large is The Milton & Libbey Davis Foundation Inc?
As of 2024, The Milton & Libbey Davis Foundation Inc holds $239K in total assets with $11K in annual revenue. It awarded 2 grants totaling $40K in 2024.
Where does The Milton & Libbey Davis Foundation Inc operate?
The Milton & Libbey Davis Foundation Inc has awarded grants in District of Columbia, Maryland, New Jersey, New York, Pennsylvania.
What size grants does The Milton & Libbey Davis Foundation Inc award?
In 2024, The Milton & Libbey Davis Foundation Inc awarded 2 grants totaling $40K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Milton & Libbey Davis Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Milton & Libbey Davis Foundation Inc reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Milton & Libbey Davis Foundation Inc's EIN?
The Milton & Libbey Davis Foundation Inc's EIN (Employer Identification Number) is 52-2203089. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Milton & Libbey Davis Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Jewish Community Foundation of Los Angeles
LOS ANGELES, CA
Assets
$1.2B
Grants
1,063
Total Given
$142.2M
Donald D Rogers Foundation Inc
TOWSON, MD
Assets
$1.5M
Grants
19
Total Given
$150K
Charlie and Del Major Foundation Inc
TOWSON, MD
Assets
—
Grants
23
Total Given
$232K
Gay Wise Foundation Inc
TOWSON, MD
Assets
$903K
Grants
8
Total Given
$88K
Cabasso Family Foundation
NEW YORK, NY
Assets
$43K
Grants
44
Total Given
$1.5M
The Rindner Family Foundation
SURFSIDE, FL
Assets
$113K
Grants
21
Total Given
$136K
Gutman Family Foundation Inc
BALTIMORE, MD
Assets
$1.1M
Grants
152
Total Given
$334K
The Philip and Harriet Klein
BALTIMORE, MD
Assets
$10.7M
Grants
37
Total Given
$1.1M
Textron Charitable Trust Dtd 122353
PROVIDENCE, RI
Assets
$9.5M
Grants
1,199
Total Given
$4.2M
The Sorala Foundation
LAKEWOOD, NJ
Assets
$2.5M
Grants
215
Total Given
$370K
Todd a and Raphaela Stern
LINCOLNWOOD, IL
Assets
$16.5M
Grants
1
Total Given
$1.6M
Louis and Frances B Booke Memorial
BALTIMORE, MD
Assets
$717K
Grants
10
Total Given
$809K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Milton & Libbey Davis Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities