Active in a number of charitable and civic organizations over the years, William ‘Bill’ and Margaret Davis wanted to use the proceeds of the 1986 sale of their food distribution company to benefit the community in perpetuity. Instead of establishing a private foundation that would have required extensive oversight and administration, the Davis family worked with their professional advisor to make the most of the charitable gift and establish the first supporting organization – or affiliated fund – at the Oklahoma City Community Foundation. Because of the sound investment policies of the Oklahoma City Community Foundation, the Davis Family Fund has now recommended more than 2,000 grants totaling more than $1.5 million to charitable causes since the fund’s establishment with a $1 million gift in 1986.
