Shelby Cullom Davis Foundation

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The Shelby Cullom Davis Foundation was a funder of conservative and other causes; its chairman and treasurer had been investment banker and former envoy Shelby Cullom Davis, who died in 1994.[1] The foundation shuttered in 2008,[2] with all its assets transferred to two newly created foundations, the Shelby Cullom Davis Charitable Fund (64.8 percent, or $372,493) and the Kathryn W. Davis Foundation (subsequently renamed the "Diana Davis Spencer Foundation, Inc."; 34.9 percent, or $199,363), and its expenses allocated to the two new foundations as well.[3][4]

Known Grant Recipients

Among the organizations it funded were:[5][6]

Articles and Resources

Related SourceWatch Articles


  1. Wolfgang Saxon (1994-06-01). Shelby C. Davis, Envoy and Philanthropist, 85 - Obituary; Biography. Retrieved on 2010-01-28. “...New York investment banker, philanthropist and former United States Ambassador to Switzerland...At his death he was the head of Shelby Cullom Davis & Company, a firm specializing in insurance securities that he founded in 1947 with $100,000. Last year it reported $848 million in capital. He was also chairman and treasurer of a foundation bearing his name, whose disbursements go chiefly to higher education and to research on public policy and economics.”
  2. Home Page. Shelby Cullom Davis Foundation. Retrieved on 2010-01-28. “The Shelby Cullom Davis Foundation has closed its doors after almost 40 years of innovative philanthropy. We would like to thank all of those with whom we have worked over the years for their collaboration, dedication, and creativity. We are proud that together we have effected change and made a difference.”
  3. Shelby Cullom Davis Foundation, 2007 Form 990, foundation's IRS filing, November 30, 2008.
  4. Shelby Cullom Davis Foundation, 2008 Form 990, foundation's IRS filing, October 7, 2010.
  5. Shelby Cullom Davis Foundation Grant Recipients, 1998-2007. Media Matters Action Network. Retrieved on 2010-01-28.
  6. Center for Media and Democracy, Shelby Cullom Davis Foundation 990s, review of foundation's IRS filings, 1997-2006.
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