The Richard K Davis & Theresa a Davis Family
The Richard K Davis & Theresa a Davis Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Eagan, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $13.9M in total assets. In 2025, it awarded 15 grants totaling $798K. Net investment income was $1.4M.
Key facts about The Richard K Davis & Theresa a Davis Family
In short: The Richard K Davis & Theresa a Davis Family gave $798K across 15 grants in 2025 (avg $53K), top state Arizona. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 32-6487439
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $797,500
- Grants made (2025)
- 15
- Average grant
- $53,167
- Median grant
- $25,000
- New grantees (estimate)
- 33% first-time grantees (5 of 15, 2025)
- Total assets
- $13,912,977
- Primary geography
- Arizona (33% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$13.9M
+2.9% YoY
Annual Giving
$798K
+8.5% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$53K
-27.7% YoY
Under IRS private-foundation payout rules, The Richard K Davis & Theresa a Davis Family reported a distributable amount of $852K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Richard K Davis & Theresa a Davis Family open to new grantees?
33%
first-time grantees, 2025
In 2025, 5 of 15 grantees (33%) were first-time recipients. First grants averaged $13K; repeat grants $73K. How we count
Medians: $10K first-time, $38K repeat.
- 47% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+5%). Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC Rochester, MN | GENERAL OPERATING | $200,000 |
| MAKE-A-WISH FOUNDATION OF AMERICA Phoeniz, AZ | GENERAL OPERATING | $200,000 |
| SCHOLARS OF FINANCE Menlo Park, CA | GENERAL OPERATING | $100,000 |
| DENVER CHRISTIAN SCHOOLS Lakewood, CO | GENERAL OPERATING | $100,000 |
| MAKE-A-WISH FOUNDATION OF ARIZONA Scottsdale, AZ | GENERAL OPERATING | $50,000 |
| MAKE-A-WISH FOUNDATION OF MINNESOTA Saint Paul, MN | GENERAL OPERATING | $25,000 |
| COLORADO ACADEMY Denver, CO | GENERAL OPERATING | $25,000 |
| HAVERN CENTER INC Littleton, CO | GENERAL OPERATING | $25,000 |
| PARENTING SPECIAL KIDS NETWORK INC Phoenix, AZ | GENERAL OPERATING | $12,500 |
| BOY SCOUTS OF AMERICA Irving, TX | GENERAL OPERATING | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,912,977 | $13,519,729 | $13,466,742 |
| Revenue | $1,454,156 | $861,253 | $403,941 |
| Expenses | $901,081 | $840,567 | $969,025 |
| Qualifying Distributions | $805,028 | $743,046 | $883,854 |
| Net Investment Income | $1,366,932 | $755,812 | $310,824 |
| Distributable Amount | $851,565 | $804,817 | $741,802 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Richard K Davis & Theresa a Davis Family's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard K. Davis
Trustee
On filings since 2021
1 hr/week
No compensation reported
Theresa Davis
Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Richard K Davis & Theresa a Davis Family
How much does The Richard K Davis & Theresa a Davis Family give each year?
The Richard K Davis & Theresa a Davis Family gave $798K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $735K across 10 grants.
What is The Richard K Davis & Theresa a Davis Family's typical grant size?
The Richard K Davis & Theresa a Davis Family's median grant in 2025 was $25,000, and its average grant was $53,167, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Richard K Davis & Theresa a Davis Family that year got $13K on average.
Where does The Richard K Davis & Theresa a Davis Family give grants?
The Richard K Davis & Theresa a Davis Family's top state is Arizona, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (31%) and Colorado (19%). The most frequent recipient cities were Saint Paul, MN (2 grants).
Does The Richard K Davis & Theresa a Davis Family give general operating support?
Yes: 100% of The Richard K Davis & Theresa a Davis Family's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Richard K Davis & Theresa a Davis Family's largest grantees?
The Richard K Davis & Theresa a Davis Family's largest 2025 grantees include Mayo Clinic ($200,000), Make-a-Wish Foundation of America ($200,000) and Scholars of Finance ($100,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.
How large is The Richard K Davis & Theresa a Davis Family?
The Richard K Davis & Theresa a Davis Family reported $13.9M in total assets on its 2025 IRS Form 990-PF. It paid out $805K in qualifying distributions that year, against a required minimum of $852K (roughly 5% of its investment assets).
What is The Richard K Davis & Theresa a Davis Family?
The Richard K Davis & Theresa a Davis Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Eagan, MN. It holds $13.9M in total assets as of 2025.
What is The Richard K Davis & Theresa a Davis Family's EIN?
The Richard K Davis & Theresa a Davis Family's EIN (Employer Identification Number) is 32-6487439. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Richard K Davis & Theresa a Davis Family by hand.
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