2011-08-09T14:03:06-05:00 2010-12-31 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2010-01-01 042864042 Davis Educational Foundation DAVI 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Anne M Vaillancourt 2078469132 2011-08-09 1 Barbara J McGuan CPA 2077752387 2011-08-09 2010 2016-02-24 21:20:13Z X Anne M Vaillancourt 30 Forest Falls Drive No 5 Yarmouth ME 04096 55280357 0 X davisfoundations.org X 1985 MA Awards Grants 7 7 4 0 0 0 0 0 0 0 -554424 -3577696 117608 124355 -436816 -3453341 3739393 3761408 0 0 348658 366457 0 0 0 300762 275485 4388813 4403350 -4825629 -7856691 89859486 95361802 3233311 3039718 86626175 92322084 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 3855742 3761408 Grants made to colleges and universities in New England from organization assets, including direct investment related costs. See Schedule I for 2010 grants approved. 3855742 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 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 0 1 8 0 4 1 0 1 CJ 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X Anne Vaillancourt 2078469132 30 Forest Falls Drive No 5 Yarmouth ME 04096 Frank A Tredinnick Jr 8.00 X 20000 0 0 William S Reed 8.00 X 20000 0 0 Peter K Davis 12.00 X X 0 0 0 Sister M Therese Antone 8.00 X 8333 0 0 Richard W Cost 8.00 X 8333 0 0 Edward J Shanahan 8.00 X 8334 0 0 Judith B Wittenberg 8.00 X 20000 0 0 Anne M Vaillancourt 16.00 X 87303 0 13503 172303 0 13503 0 0 0 0 0 1043908 1043908 54112094 58733698 -4621604 -4621604 -4621604 Management Fees 900099 124355 124355 124355 -3453341 0 0 -3453341 3761408 3761408 185807 85000 100807 143438 143438 10041 10041 8152 8152 19019 19019 7716 7716 10637 10637 214307 214307 5986 5986 2202 2202 9333 9333 9334 9334 9211 9211 1552 1552 Dues 4479 4479 Miscellaneous 728 728 4403350 3855742 547608 0 4497414 11760009 73506600 69936353 11852772 13665440 2700 0 89859486 95361802 45035 32342 3188276 3007376 3233311 3039718 X 86626175 92322084 86626175 92322084 89859486 95361802 X -7856691 13552600 X X 0 1 1 X 0 X X X 0 0 0 Wellesley College 042103637 2 1 1 1 0 Dartmouth College 020222111 2 1 1 1 0 2 0 0 Limited Partnership Interests 13665440 F 13665440 -3453341 4403350 -7856691 13552600 13552600 5695909 9760597 13552600 13552600 -3792003 214307 124355 338662 -3453341 4064688 0 4064688 214307 124355 338662 4403350 Part XII, Line 4b - Other Adjustments: Management Fees 124,355. Part XIII, Line 4b - Other Adjustments: Management Fees 124,355. 1 Albertus Magnus College 700 Prospect Street New Haven CT 06511 060646520 501(c)(3) 72000 To incorporate ePortfolios into the general education and honors curriculum. Amherst College PO Box 5000 Amherst MA 010025000 042103542 501(c)(3) 120678 To incorporate learning goals into academic advising and first year seminars. Anna Maria College 50 Sunset Lane Paxton MA 016121198 042002060 501(c)(3) 50830 To create an on-campus resource to deliver and facilitate pedagogical, curricular, and advising support for faculty. Bridgewater State University 131 Summer Street Bridgewater MA 02325 046002284 501(c)(3) 200000 To support a teacher-scholar model to increase student engagement. Clark University 950 Main Street Worcester MA 016101477 042111203 501(c)(3) 260338 To redesign undergraduate education. Colby College 4600 Mayflower Hill Waterville ME 049018846 010211497 501(c)(3) 187500 To improve student writing proficiency in first year and upper level courses. Connecticut Distance Learning Consortium 85 Alumni Drive Newington CT 06111 611605584 501(c)(3) 157800 To provide academic success coaches to adult students. Curry College 1071 Blue Hill Avenue Milton MA 02186 042199867 501(c)(3) 190331 To improve curriculum instruction and assessment practices. Emmanuel College 400 The Fenway Boston MA 02115 042105769 501(c)(3) 206347 To assess student learning. Five Colleges Incorporated 97 Spring Street Amherst MA 010022324 046134696 501(c)(3) 292500 To increase collaboration and improve faculty and student access to courses, services, and resources at member campuses. Framingham State College 100 State Street Framingham MA 017019101 046002284 249146 To establish processes to aggregate and analyze data for program and curricular improvement. Granite State College 8 Old Suncook Road Concord NH 03301 026000937 501(c)(3) 117630 To assess core competencies and create an infrastructure for ongoing assessment. Northeastern University 360 Huntington Avenue Boston MA 02115 041679980 501(c)(3) 216000 To design one-credit writing laboratories in the College of Professional Studies. Southern Connecticut State University 501 Crescent Street New Haven CT 065151355 061363115 501(c)(3) 270300 For curriculum revision in the new Liberal Education Program and capstone courses. Southern New Hampshire University 2500 North River Road Manchester NH 031061045 020274509 501(c)(3) 152050 For a new competency-based general education program. Sterling College PO Box 72 Craftsbury Common VT 05827 030197728 501(c)(3) 97631 To strengthen teaching practices and writing curriculum. University of Connecticut Gulley Hall 352 Mansfield Road Unit 2048 Storrs CT 062692048 066070722 501(c)(3) 203000 To develop and carryout inquiry-based writing in Student Learning Communities. University of Massachesetts at Amherst 181 Presidents Drive Amherst MA 010039313 043167352 501(c)(3) 273716 To develop upper-level integrative experiences and to assess student learning in the new general education curriculum. University of Rhode Island Green Hall Kingston RI 02881 056014351 501(c)(3) 296811 To support pedagogical and curricular innovations to address patterns of weakness in student learning. Vermont State Colleges PO Box 359 Waterbury VT 056760359 030235662 501(c)(3) 146800 To improve academic program review and improvement processes. 19 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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 4 The trustees have voted to change the definition of Supported Organization to include any governmental unit (including Indian tribal governments) or their integral parts to the extent contributions would be deductible under Section 170 of the Code--(i.e., used exclusively for public purposes). In addition, the minimum number of trustees was reduced from five to three. Form 990, Part VI, Section B, line 11 The Executive Director and the chairman of the board review Form 990 prior to the document's filing, and the Executive Director signs the return. 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. 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. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 13,552,600. Oversight of Audit Form 990, Part XI, Line 2c: The audit process has not changed from the prior year. Trustee Fees Form 990, Page 7, Part VII Six of seven trustees of the Davis Educational Foundation receive trustee fees in the amount of $20,000 annually, prorated for the amount of time each trustee has been on the board. 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 $20,000 per trustee per year 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0