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Barry Matthew and Caroline Kelly Davis Family Foundation Inc at a glance

· Private foundation

Barry Matthew and Caroline Kelly Davis Family Foundation Inc

Its FY2022 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$26k
Granted FY2021
10
Grants FY2021
5
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

97% of Barry Matthew and Caroline Kelly Davis Family Foundation Inc’s FY2022 grant dollars went to Fidelity Investments Charitable Gift Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2022 names 7 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2021, the last year Barry Matthew and Caroline Kelly Davis Family Foundation Inc named its own grantees at scale: 7 organizations, $26k. It is dated, not current.

Organizations named directly on the return

5
’17
2
’18
4
’19
3
’20
7
’21
7
’22

Amber years are those where most dollars went to a sponsor.

01What it funds
0196% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Philanthropy$662kHealth$39kEducation$31kArts & Culture$16kPublic Benefit$10kYouth Development$6kHuman Services$2kPublic Safety & Disaster$2kOther$0
02FY2021 · 10 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2021

  • Under $10k9 grants · $16k
  • $10k–50k1 grant · $10k
$2,000
Median grant
5
States reached
$29k
Total assets
Largest grants
RecipientAmount
SOUTH WILLIAMSTOWN COMMUNITY ASSOCIATION$10,000
ST VINCENTS HOSPITAL WESTCHESTER$3,200
STERLING & FRANCINE CLARK ART INSTITUTE$3,000
ST JOSEPHS HEALTH FUND$3,000
MASS MOCA$2,000
WNYC$1,000
LOST TREE FOUNDATION$1,000
AOPA FOUNDATION$1,000
WTF 2020 VISION FUND$1,000
TRUSTBRIDGE FOUNDATION$500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–22, $4k) land where the poverty rate runs at 12%, against an area that typically sits at 8%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%JOE TORRE SAFT AT HOME FOUNDATION: $1k → 17%TRUSTBRIDGE FOUNDATION: $500 → 11%Guiding Eyes for the Blind: $2k → 9%GUIDING EYES FOR THE BLIND: $500 → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MN
NY
MA
OH
CT
CA
MD
TN
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

51%of every dollar goes to organizations it has funded before.
$57k · 9 repeat orgs$55k to everyone else

Grantees it renews have grown median revenue +32% since the first grant, against +29% for those funded once.

9 repeat relationships: 5 still active in FY2021, 4 since wound down; 10 grantees were first funded in FY2021 (too recent to call). Read against FY2021, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.

How the two cohorts compare

Re-uppedFunded once

Organizations

9
16

Total granted

$57k
$26k

Median revenue growth · since first grant

+32%
+29%

Still filing today

56%
31%

New vs renewed · share of each year

In FY2022, 50% of grant dollars renewed an existing relationship; $12k went to new ones.

50%100%’17’18’19’20’21’22
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22
EducationHuman ServicesArts & CultureHealthYouth DevelopmentPublic Safety & DisasterOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TRUSTEES OF BOSTON COLLEGE
    2× · 2020–2022 · $22k · revenue +50%
  • MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC
    4× · 2017–2022 · $5k · revenue +13%
  • GE
    GUIDING EYES FOR THE BLIND INC
    2× · 2017–2022 · $3k · revenue +83%

Funded once

  • YI
    YUWA INC
    one grant, 2017 · $5k · revenue -20%
  • NC
    NICKLAS CHILDREN'S HOSPITAL
    one grant, 2019 · $3k
  • NC
    NICKLAUS CHILDREN'S HOSPITAL
    one grant, 2020 · $3k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
2
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
3
Stony Brook Ophthalmology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
4
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
5
Stony Brook Urology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
6
Stony Brook Orthopedic Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
7
Neurology Associates of Stony Brook University Faculty Practice Corp

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
8
University Associates in Obstetrics and Gynecology University Faculty Pract ice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
9
Stony Brook Childrens Services University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
10
Williams College

Williams College strives to achieve educational excellence by fostering a community of learning in collaboration with students, faculty, staff, devoted alumni and parents.

Education
11
Wentworth Institute of Technology Inc

Wentworth institute of technology is a nationally recognized private coeducational and residential university of higher education with a mission to empower, inspire and innovate through experiential learning with a core purpose of career…

Education
12
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
How this is measured
The grantee most central to the portfolio’s shape is TrustBridge Foundation Inc; the most unlike its peers is The Joe Torre Safe At Home Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

19 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 19 of the 36 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
17/19
Grantees still filing
11/19
Grew since first funded

Where the money sits, by cause and then by grantee

FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $660,000 · Community ImprovementFIDELITY INVESTMENTS CHARITABLE GIFT FUNDST VINCENTS HOSPITAL WESTCHESTER: $17,350 · OtherSOUTH WILLIAMSTOWN COMMUNITY ASSOCIATION INC: $10,000 · OtherNICKLAS CHILDREN'S HOSPITAL: $3,000 · OtherNICKLAUS CHILDREN'S HOSPITAL: $3,000 · OtherSt Vincents Hospital: $3,000 · OtherST JOSEPH'S HEALTH FUND: $3,000 · OtherSCHOOL OF THE HOLY CHILD: $2,500 · OtherGIVEN LIMB FOUNDATION: $2,500 · Other+14 more: $16,900 · OtherTRUSTEES OF BOSTON COLLEGE: $22,000 · EducationMASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC: $5,000 · EducationYONKERS PARTNERS IN EDUCATION INC: $3,500 · EducationCRISTO REY NEW YORK HIGH SCHOOL: $1,800 · EducationNEW YORK PUBLIC RADIO: $4,000 · Arts & CultureSTERLING AND FRANCINE CLARK ART INSTITUTE: $3,000 · Arts & CultureYUWA INC: $5,000 · Youth DevelopmentGUIDING EYES FOR THE BLIND INC: $2,500 · Human ServicesTHE JOE TORRE SAFE AT HOME FOUNDATION: $1,000 · Human ServicesTrustBridge Foundation Inc: $500 · Human ServicesTHE AOPA FOUNDATION INC: $2,000 · Public Safety & DisasterSHATTERPROOF A NONPROFIT CORPORATION: $500 · HealthBREAST CANCER ALLIANCE INC: $200 · Health
Community Improvement$660,000Other$61,250Education$32,300Arts & Culture$7,000Youth Development$5,000Human Services$4,000Public Safety & Disaster$2,000Health$700

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $660,000 over 1y, 0.0% of budgetTRUSTEES OF BOSTON COLLEGE: $22,000 over 2y, 0.0% of budgetMASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC: $5,000 over 4y, 0.0% of budgetNEW YORK PUBLIC RADIO: $4,000 over 2y, 0.0% of budgetYONKERS PARTNERS IN EDUCATION INC: $3,500 over 1y, 0.1% of budgetST JOSEPH'S HEALTH FUND: $3,000 over 1y, 0.1% of budgetSTERLING AND FRANCINE CLARK ART INSTITUTE: $3,000 over 1y, 0.0% of budgetGUIDING EYES FOR THE BLIND INC: $2,500 over 2y, 0.0% of budgetTHE AOPA FOUNDATION INC: $2,000 over 2y, 0.0% of budgetBAYVIEW FUTURES FKA CENTER FOR YOUTH WELLNESS: $2,000 over 1y, 0.0% of budgetCRISTO REY NEW YORK HIGH SCHOOL: $1,800 over 1y, 0.0% of budgetTHE JOE TORRE SAFE AT HOME FOUNDATION: $1,000 over 1y, 0.0% of budgetTHE CHESHIRE ACADEMY: $1,000 over 1y, 0.0% of budgetDESTINATION WILLIAMSTOWN INC: $750 over 2y, 1.1% of budgetTrustBridge Foundation Inc: $500 over 1y, 0.0% of budgetSHATTERPROOF A NONPROFIT CORPORATION: $500 over 1y, 0.0% of budgetBREAST CANCER ALLIANCE INC: $200 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Goldman Sachs Cha…Ibm International Fou…Jpmorgan Chase Founda…Verizon FoundationMorgan Stanley Global…The Blackbaud Giving …American Online Givin…Vanguard Charitable E…National Philanthropi…American Endowment Fo…The Bank of America C…Donor Advised Charita…
The Goldman Sachs Charitable Gift FundNY12.6× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Goldman Sachs Charitable Gift Fund · Ibm International Foundation · Jpmorgan Chase Foundation · Verizon Foundation · Morgan Stanley Global Impact Funding Trust Inc · The Blackbaud Giving Fund · American Online Giving Foundation Inc · Vanguard Charitable Endowment Program · National Philanthropic Trust · American Endowment Foundation · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Barry Matthew and Caroline Kelly Davis Family Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Barry Matthew and Caroline Kelly Davis Family Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 60%0%1%3%5%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 3%
  • Trustees of Boston College: 3% of income from government
  • Shatterproof a Nonprofit Corporation: 2% of income from government
no gov moneyreceives it· size = income
6get no government money at all
4report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–30%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 36 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Barry Matthew and Caroline Kelly Davis Family’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home