David & Lorna Gladstone Foundation
The David & Lorna Gladstone Foundation is a private, family-based foundation located in McLean, Virginia. Established in 2011, the foundation operates as a 501(c)(3) organization with a focus on philanthropic grantmaking. The foundation maintains a lean operational structure with volunteer leadership and no paid staff.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.2M
-10.8% YoY
Annual Giving
$432K
+132.8% YoY
Grant Count
54
+8.0% YoY
Avg Grant Size
$8K
+115.5% YoY
Under IRS private-foundation payout rules, David & Lorna Gladstone Foundation reported a distributable amount of $373K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation concentrates its grantmaking efforts primarily in Virginia, the District of Columbia, and Maryland, though it supports initiatives across 22 U.S. states.
Grantmaking
The foundation has made 54 grants in recent years, with annual giving totaling approximately $180,000–$431,659 depending on the fiscal year. Recent notable grants include:
Grant Range
$200 to $150,000
Average Grant
amount: $7,000–$14,000
How to Apply
**
Ready to take the next step with David & Lorna Gladstone Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports charitable initiatives across multiple states, including:
- Virginia (primary focus)
- District of Columbia
- Maryland
- Arizona, California, Colorado, Delaware, Florida, Georgia, Massachusetts, Michigan, Minnesota, Missouri, Montana, North Carolina, New Hampshire, New Jersey, New York, Oklahoma, Pennsylvania, Tennessee, Texas, and others
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2025:
- Total Assets: $7.2–$8.1 million
- Total Revenue: $347,839–$349,110
- Total Expenses: $467,990
- Total Liabilities: $5,480
- Annual Giving: $180,000–$431,659
The foundation maintains a giving rate of approximately 2.2% of assets annually. Assets have grown significantly since the foundation's inception in 2011, when they were reported at $3,000.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,202,665 | $8,078,389 | $8,476,036 |
| Revenue | $347,839 | $349,110 | $5,023,215 |
| Expenses | $467,990 | $219,428 | $367,064 |
| Qualifying Distributions | $431,659 | $185,450 | $342,520 |
| Net Investment Income | $218,409 | $222,500 | — |
| Distributable Amount | $372,740 | $396,778 | $340,328 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
225 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include The Order of St John ($33,818), Brunswick School ($30,000), Americans in Wartime ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S DISEASE RESEARCH CLARKSBURG, MD | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $2,500 |
| AMERICAN HEART ASSOCIATION PHOENIX, AZ | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $1,000 |
| AMERICANS IN WARTIME BRISTOW, VA | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $20,000 |
| BIBLICAL ARCHAEOLOGY SOCIETY WASHINGTON, DC | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $750 |
| BILLY GRAHAM EVANGELISTIC ASSOCIATION CHARLOTTE, NC | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $11,000 |
| BRAIN TUMOR NETWORK PONTE VEDRA BEACH, FL | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $10,000 |
| BRUNSWICK SCHOOL GREENWICH, CT | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $30,000 |
| CAPITAL AREA FOOD BANK WASHINGTON, DC | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $5,000 |
| CENTER FOR EXCELLENCE IN EDUCATION MCLEAN, VA | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $1,000 |
| CENTRAL UNION MISSION WASHINGTON, DC | CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board with the following key personnel:
- David Gladstone – Chairman, CEO & President
- Lorna Gladstone – Director
- Michael Licalsi – General Counsel, Secretary, and Director
- Terry Brubaker – Executive Vice President and Director
- Laura Gladstone – Director
- Michael Malesardi – Chief Accounting Officer
- John Dellafiora – Chief Compliance Officer
All leadership members serve without compensation.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID GLADSTONE | CHAIRMAN, CEO & PRESIDENT | 1 | — |
| LORNA GLADSTONE | DIRECTOR | 2 | — |
| MICHAEL LICALSI | GENERAL COUNSEL, SEC., AND DIRECTOR | 0.5 | — |
| TERRY BRUBAKER | EVP AND DIRECTOR | 0.25 | — |
| LAURA GLADSTONE | DIRECTOR | 0.25 | — |
| MICHAEL MALESARDI | CHIEF ACCOUNTING OFFICER | 2 | — |
| JOHN DELLAFIORA | CHIEF COMPLIANCE OFFICER | 0.25 | — |
Contact Information
Address: 1521 Westbranch Drive, Suite 100, McLean, VA 22102-3211
Phone: (703) 287-5835
EIN: 90-0705352
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does David & Lorna Gladstone Foundation fund?
The foundation's primary focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation concentrates its grantmaking efforts primarily in Virginia, the District of Columbia, and Maryland, though it supports initiatives across 22 U.S. states.
How do I apply for a grant from David & Lorna Gladstone Foundation?
**Grant Characteristics:** • Typical grant range: $200 to $150,000 • Median grant size: $2,500–$3,000 • Average grant amount: $7,000–$14,000 • Individual grants have ranged from $500 to $150,000 **Recent Grant Activity:** The foundation has made 54 grants in recent years, with annual giving totaling approximately $180,000–$431,659 depending on the fiscal year. Recent notable grants include: • White House Historical Association: $150,000 • Brunswick School: $30,000 • National Museum of Americans…
Where does David & Lorna Gladstone Foundation make grants?
The foundation supports charitable initiatives across multiple states, including: • Virginia (primary focus) • District of Columbia • Maryland • Arizona, California, Colorado, Delaware, Florida, Georgia, Massachusetts, Michigan, Minnesota, Missouri, Montana, North Carolina, New Hampshire, New Jersey, New York, Oklahoma, Pennsylvania, Tennessee, Texas, and others
What size grants does David & Lorna Gladstone Foundation award?
In 2025, David & Lorna Gladstone Foundation awarded 54 grants totaling $432K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is David & Lorna Gladstone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, David & Lorna Gladstone Foundation reported a distributable amount of $373K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David & Lorna Gladstone Foundation's EIN?
David & Lorna Gladstone Foundation's EIN (Employer Identification Number) is 90-0705352. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in David & Lorna Gladstone Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Heartfelt Humans
ASHBURN, VA
Assets
—
Grants
0
Total Given
—
Krumbein Charities Inc
RICHMOND, VA
Assets
$440K
Grants
14
Total Given
$34K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with David & Lorna Gladstone Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching David & Lorna Gladstone Foundation to a real strategy.