2019-11-07T09:38:13-06:00 2018-12-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2018-01-01 042864042 Davis Educational Foundation DAVI 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Yvonne B Mumme Chief Finance and Admin Officer 2078469132 2019-11-06 1 Joseph R Byrne CPA P01289281 2077752387 2019-11-06 69.49.157.66 2019-11-06 08:49:13 ES P BCE379EC6B2F882893C3F02DE0A5A3D951B1B2ED 4325644121B434A7DDEA38392197C5174BA1E390 2018 2020-03-31 21:24:44Z Yvonne B Mumme 30 Forest Falls Drive No 5 Yarmouth ME 04096 5693188 0 X davisfoundations.org X 1985 MA Awards Grants 5 5 5 1 51317 49017 0 0 0 0 4773914 2784423 183200 226171 4957114 3010594 5095877 3094221 0 0 527648 541552 0 0 0 494526 481297 6118051 4117070 -1160937 -1106476 111237456 96718320 3283324 2287139 107954132 94431181 To strengthen the undergraduate programs of public and private, regionally accredited baccalaureate degree granting colleges and universities located in New England through grants. 0 0 3443597 3094221 66824 Grants made to colleges and universities in New England from organization assets, including direct investment related costs. See Schedule I for 2018 grants approved. 3443597 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA CA X X Yvonne Mumme 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Edward MacKay Chairman 12.00 0.00 X X 40000 0 0 Sister M Therese Antone Trustee 8.00 0.00 X 25000 0 0 Richard W Cost Trustee 8.00 0.00 X 25000 0 0 Peter K Davis Trustee 8.00 0.00 X 0 0 0 William S Reed Past Trustee 8.00 0.00 X 6250 0 0 Judith B Wittenberg Trustee 8.00 0.00 X 25000 0 0 Yvonne B Mumme Chief Finance & Admin. Officer 40.00 0.00 X 105284 0 6758 Leanne Greeley Bond Director of Grants & Programs 40.00 0.00 X 109040 0 17960 335574 0 24718 2 0 0 0 Wellington Management Company 280 Congress Street Boston MA 02210 Investment Consulting 121541 Sanderson Asset Management Inc 250 South Wacker Drive Suite 220 Chicago IL 60606 Investment Management 103619 2 777093 51317 725776 4689924 2682594 2007330 2007330 2007330 Management Fees 900099 159347 159347 Prior Year Grant Recovery 900099 66824 66824 226171 3010594 66824 51317 2892453 3094221 3094221 238138 103063 135075 246449 160949 85500 12165 11248 917 18133 9559 8574 26667 11977 14690 11392 11392 396266 396266 8582 6232 2350 10191 8755 1436 17462 12572 4890 21099 19585 1514 2069 1726 343 1983 1159 824 UBI Taxes 7550 7550 Dues 3375 2551 824 Miscellaneous 1328 1328 4117070 3443597 673473 0 1180899 357709 1100 0 81609988 70358026 28393412 25972357 52057 30228 111237456 96718320 78549 45146 3163488 2204837 41287 37156 3283324 2287139 X 107954132 94431181 107954132 94431181 111237456 96718320 -1106476 -12416475 0 X 0 1 X 1 0 X X 2 Wellesley College 042103637 2 1 0 0 Dartmouth College 020222111 2 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 Part IV, Section B, Line 2 The supported organizations identified in Form 990, Schedule A, Part I appoint trustees who represent the charitable class benefited by the mission of the Organization and its supported organizations. These same trustees have a majority vote on the Organization's board and approve all granting decisions. 0 LLC and Limited Partnership Interests 25972357 F 25972357 Due To Related Parties 37156 37156 -10028318 -12416475 -12416475 2388157 396266 226171 622437 3010594 3494633 0 3494633 396266 226171 622437 4117070 Part XI, Line 4b - Other Adjustments: Management Fees 159,347. Prior Year Grant Recovery 66,824. Part XII, Line 4b - Other Adjustments: Management Fees 159,347. Prior Year Grant Recovery 66,824. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 8608972 0 0 0 0 0 0 8608972 0 8608972 0 0 1 0 0 0 1 Amherst College PO Box 5000 Amherst MA 010025000 042103542 501(c)(3) 142400 To advance experiential and problem-based learning across the curriculum through faculty development and the creation of tools to enable students to document reflections on their learning. Anna Maria College 50 Sunset Lane Paxton MA 016121198 042002060 501(c)(3) 50960 To develop six undergraduate courses to prepare students for the types of writing required in their chosen professions. Writing for Career will address Communication and Professional Literacies, and require proficiency in Critical Thinking Literacy. Bentley University 175 Forest St Waltham MA 024524705 041081650 501(c)(3) 10000 To support the Student Experience Review Task Force. Berklee College of Music 1140 Boylston Street Boston MA 02215 042300472 501(c)(3) 150000 To create academic policies and curricula to introduce increased flexiblity in curriculum structures and student pathways toward degree attainment. Boston Architectural College 320 Newbury Street Boston MA 021152703 042271070 501(c)(3) 10000 Support to develop an online design fundamentals course. Bridgewater State University 131 Summer Street Bridgewater MA 02325 046002284 Massachusetts 44604 To explore new pedagogical, administrative and co-curricular experiences for first year students. Cambridge College 1000 Massachusetts Avenue Cambridge MA 02138 510163080 501(c)(3) 10000 To lay the groundwork for business process re-design at the College. Curry College 1071 Blue Hill Avenue Milton MA 02186 042199867 501(c)(3) 10000 To implement a supplemental instruction pilot. Dean College 99 Main Street Franklin MA 020381994 042104149 501(c)(3) 180150 To support the Bulldog Experience, a connective four-year framework that integrates career preparation with the curriculum and co-curriculum. Fairfield University 1073 North Benson Road Fairfield CT 068245195 060646623 501(c)(3) 10000 Continuation support for the launch of a new core curriculum. Franklin Pierce University 40 University Drive Rindge NH 03461 020263136 501(c)(3) 233800 To transform current undergraduate pedagogical practice through the enhancement of digital skills and literacy in the general education curriculum. Harvard University 1350 Massachusetts Avenue Cambridge MA 02138 042103580 501(c)(3) 241042 To support writing within the newly-revised General Education curriculum through support for individual instructors; course design institutes; and online resources accessible to instructors throughout the Harvard community and beyond. Landmark College 19 River Road Putney VT 05346 222586208 501(c)(3) 10000 To support online learning initiatives. Lasell College 1844 Commonwealth Avenue Newton MA 024662716 042103585 501(c)(3) 180500 To provide facilitation and technical assistance to the consortium and to support the creation of shared online curricula in finance and applied computer science. Massachusetts College of Liberal Arts 375 Church Street North Adams MA 012474100 046002284 501(c)(3) 135000 To measurably improve student persistence and success through a comprehensive focus on advising. MCPHS University 179 Longwood Avenue Boston MA 021155896 042104700 501(c)(3) 30000 To create systems for matching students with researchers, a summer research skills course and other programming to support undergraduate student research. Mount Holyoke College 50 College Street South Hadley MA 010751496 042103578 501(c)(3) 178600 To reimagine and restructure the curriculum by integrating fields of study, consolidating certain academic departments and administrative structures. New Hampshire College & University Council 3 Barrell Court Suite 100 Concord NH 033018543 020271139 501(c)(3) 75000 To support the Council's fifteen colleges and universities in identifying strategies for collaboration that will create greater efficiency and help to reduce costs over the long term for member institutions. Newbury College 129 Fisher Avenue Brookline MA 024455796 042452884 501(c)(3) 10000 To fund a feasibility study of cost sharing efforts with Pine Manor College and Hellenic College. Plymouth State University 17 High Street MSC 51 Plymouth NH 03264 026000937 501(c)(3) 214632 To support project-based learning in general education courses. Smith College Northampton Northampton MA 01063 041843040 501(c)(3) 10000 Food Waste Reduction and Education. Southern New Hampshire University 2500 North River Road Manchester NH 031061045 020274509 501(c)(3) 135400 To create a new Learning Fellows initiative to improve retention in challenging courses and expand the pedagogical practices of faculty members through high quality professional development. Springfield College 263 Alden Street Springfield MA 011093707 042104329 501(c)(3) 264695 To support faculty development for a Real-Time Assessment model. University of Hartford 200 Bloomfield Avenue West Hartford CT 06117 060731360 501(c)(3) 192780 To create faculty learning communities (FLCs) organized around High Impact Practices and Essential Learning Outcomes to foster more engaged teaching and learning on campus. University of Maine at Augusta 46 University Drive Augusta ME 04339 016000769 501(c)(3) 169287 To pilot three academic programs that will develop an integrated and assessable curriculum focused on increasing student engagement and improving academic success. University of New Hampshire 51 College Road Durham NH 038243585 026000937 501(c)(3) 360371 To implement, and assess the impact of a Student Cognition Toolbox that will that will teach students cognitively-supported effective and efficient study strategies. University of New Hampshire 51 College Road Durham NH 038243585 026000937 501(c)(3) 10000 To support an outside consultant to conduct a process review. Western Connecticut State University 181 White Street Danbury CT 06810 060775515 501(c)(3) 10000 To expand the use of open educational resources (OERs). 28 0 Part I, Line 2: The Organization conducts site visits for colleges/universities seeking funding and requires progress and completion reports from the grantee. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Prior to filing, the Chief Finance and Administrative Officer (CFAO) reviews the 990 in detail, comparing it to the audited financial statements and other records for accuracy, and comparing it to the prior year filing to make sure any large variances or changes to responses are accurate. Any questions or concerns are resolved with the independent CPA firm who prepared the return. The CFAO provides a copy of the final draft to the Board Chair, highlighting any unusual items or changes from prior years. The Board Chair reviews the final draft just prior to filing to ensure responses are consistent with financial reporting, governance practices and activities of the foundation, resolving any questions with the CFAO. Form 990, Part VI, Section B, line 12c The trustees disclose potential conflicts of interest annually. The disclosures are identified on a conflict of interest disclosure form. At the time the form is completed, the trustees discuss the disclosures to ensure no conflicts of interest exist. Trustees abstain from voting if a conflict exists. Form 990, Part VI, Section B, line 15 Employee performance and salary reviews are conducted annually on the anniversary of employment and consist of: a performance review, a determination of whether the employee's salary is consistent within the industry, and a determination as to whether the yearly increases reflect merit, inflation, and/or changes of responsibilities. The employee will provide a narrative of accomplishments over the past year and a description of goals for the upcoming year. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Page 7, Part VII: Five of six trustees of the Davis Educational Foundation receive trustee fees annually. Peter Davis is a family member and does not receive any compensation from the Foundation in any form. The Davis Educational Foundation supports payment of trustee fees because of the significant work necessary when evaluating applicants. The trustees conduct site visits for colleges/universities seeking funding, and therefore, they travel throughout New England. Site visits are conducted by trustees in order to properly evaluate the grantee applications. The Organization contends that these payments do not impair the independence of its trustees. Schedule A, Part I, Line 11: Per the declaration of trust, a majority of the trustees shall be appointed by the representative supported organization. The trustees determine the recipients of the Davis Educational Foundation grants each year. Wellesley College 106 Central Street Wellesley MA 024818203 042103637 Educational Institution MA 501(c)(3) Line 2 N/A 0 Dartmouth College 37 Dewey Field Road Hanover NH 037551417 020222111 Educational Institution NH 501(c)(3) Line 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0