The Leonard & Sophie Davis Fund is a private foundation making grants to left-of-center organizations associated with health, education, and Jewish philanthropy. 1 Alan Davis, the fund’s president, is an advisory board member of Patriotic Millionaires, an organization of rich individuals advocating for left-wing economic policies. 2 Leonard Davis, the Fund’s namesake, founded the Colonial Penn Life Insurance Company, and cofounded AARP, both of which were involved in non-profit mail scandals in the late 1970s. 3
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The fund donated over $11 million dollars in 2016, with substantial annual contributions to notable left-wing advocacy groups like Demos, Tides Foundation, and Proteus Fund. 5
Leonard Davis was the founder of the Colonial Penn Group of insurance companies and the co-founder acting president of AARP. Colonial Penn became an incredibly profitable company by being the sole group health insurance policy seller through AARP. 6 The US Postal Service headed a 2 ½ year investigation into these groups in the late 1970s, determining that AARP (and related group National Retired Teachers Association (NRTA)) acted as a marketing agent for Colonial Penn. 3 As principal stockholder, Davis was receiving $2.9 million in annual dividends from Colonial Penn. 7
Davis was a long-time supporter of the Democratic Party, contributing $100,000 to the unsuccessful 1974 New York gubernatorial campaign of U.S. Rep. Ogden Reid (D-NY). 8
In 2020, the Leonard & Sophie Fund, in collaboration with the WhyNot Initiative, launched the Crisis Charitable Commitment (CCC) to call on nonprofits and charitable foundations in doating 10% of their total earnings that year in response to the Covid-19 pandemic. 9 It was around the time that Davis released on op-ed to Fortune news media site in July 2020 criticizing, “those who control private foundations, sit on donor-advised funds, and rank in the top 0.1% of households,” 9 as “hoarders” and urged them to donate to the CCC in order for the philanthropic community to “step up.” 9
Alan Davis is the son of Leonard and Sophie Davis and president and CEO of the Leonard and Sophie Davis Fund. He is an advisory board member of The Patriotic Millionaires and the director of its WhyNot Initiative. 2
Mary Lou Dauray is the vice president and CFO of the Leonard and Sophie Davis fund, and wife of Alan Davis. She is a political fine artist whose work focuses on environmental issues, with strong anti-coal and anti-nuclear energy sentiments. 10
The Leonard and Sophie Davis Fund funds a number of major left-of-center advocacy organizations. In the foundation’s 2016 tax year, it made a total of $11.9 million in grants to all recipients. 11
In the organization’s 2015 tax year, notable grant recipients included the liberal judicial policy group American Constitution Society, the far-left think tank Demos, anti-Electoral College advocacy group FairVote, the state-level organizing group Maine People’s Resource Center, the pass-through funding entity New Venture Fund, the Piper Fund, the Proteus Fund, and the Tides Foundation. 12
All-time grants given statistics from Candid dataset:
Selection of highest value grants given from the last seven years: