The Richard Davis Foundation for Young Bassists Inc. is a registered 501(c)(3) non profit organization, therefore all monetary donations are tax deductible.
Thanks to 100% volunteer power, all funds raised go directly into programming for young bassists. Contributions support:
- Scolarships: awarded on an as needed basis. Every student who wants to attend should be able to come without being inhibited by their family’s inability to pay tuition.
- Instruments: since the beginning, the Foundation’s mission has always included getting quality fractional size instruments to young bassists. The foundation has helped cover the cost of rentals, repairs, and upgrades in the past, and has a growing fleet of loaners so that as students grow, they can still develop on an appropriate size instrument without their family having to rent or purchase on. Because the string bass is a large, expensive instrument that has only been made into smaller sizes in recent years, the small instruments are often not readily available or easily purchasable for families. They are expensive and very difficult to typically re sell, so the foundation aims to rent or loan instruments at a reduced price from commercial rental companies. This fund also helps to make high quality basses available to students of the foundation who are giving recitals or are taking college auditions
- Clinician Travel Funds: The clinician travel fund subsidizes bass teachers to come to the annual bass conference. The Clinicians donate their time because of their passion for teaching and mentoring young bass students, many pay 100% of their own lodging and dining costs. The foundation has bass professors, professionals, teachers around the United States and internationally that are a great asset to the foundation’s mission of exposing young people to the highest quality teachers available. This fund is used as necessary to subsidize travel expenses, so that the foundation can invite the highest quality teachers no matter where they may be located.
- Administrative/business fees: The conference tuition covers most of the cost for for venue rental, av equipment charges, and other admin fees for the conference. State registration, accounting, legal, insurance, banking fees, advertising, printing, mailbox rental are all costs incurred in an ongoing basis, web maintenance/hosting. For reference, the most basic insurance alone adds up to >$500/year, web hosting is around $200 every 3 years, renting a mailbox is about $260/year, $10 annual WDFI filing requirement… it all adds up!