David Family Foundation

AUSTIN, TX EIN: 74-1608274

David Family Foundation is a private foundation, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $891K in total assets. In 2024, it awarded 13 grants totaling $43K. Net investment income was $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$891K

+1.3% YoY

Annual Giving

$43K

-18.1% YoY

Grant Count

-7.1% YoY

Avg Grant Size

$3K

-11.8% YoY

Under IRS private-foundation payout rules, David Family Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About David Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $153K (64%)

Virginia $40K (17%)

North Carolina $24K (10%)

Tennessee $10K (4%)

District of Columbia $7K (3%)

Oregon $4K (2%)

Illinois $2K (1%)

States

District of Columbia Illinois North Carolina Oregon Tennessee Texas Virginia

Cities

AustinBooneChicagoGalvestonHoustonMemphisMerrifieldPortlandWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$891,010	$879,569	$918,623
Revenue	$70,291	$29,899	$-2,545
Expenses	$58,850	$68,953	$73,228
Qualifying Distributions	$44,390	$56,377	$53,475
Net Investment Income	$56,093	$17,323	—
Distributable Amount	$51,913	$47,859	$54,533

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 2024

Grant Size Distribution

62 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include B2theworld ($5,000), The University of Texas Md Anderson Cancer Center ($5,000), University of Texas at Austin College of Fine Arts ($5,000).

Recipient	Purpose	Amount
B2THEWORLD MERRIFIELD, VA	INTERNATIONAL COMMUNITY SERVICE	$5,000
CENTRAL TEXAS FOOD BANK AUSTIN, TX	COMMUNITY SOCIAL WORK	$2,500
EX-STUDENTS' ASSOCIATION OF UT AUSTIN, TX	FOR 40 ACRES	$2,500
FIRST TEE OF GREATER AUSTIN AUSTIN, TX	RECREATION FOR UNDERPRIVILEGED CHILDREN	$2,500
SAMARITAN'S PURSE BOONE, NC	INTERNATIONAL COMMUNITY SERVICE	$4,000
ST EDWARD'S UNIVERSITY AUSTIN, TX	CAMP PROGRAM	$4,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN	MEDICAL RESEARCH	$3,000
THE UNIVERSITY OF TEXAS AT AUSTIN AUSTIN, TX	ENDOWED DAVID SCHOLARSHIP	$2,500
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER HOUSTON, TX	IN MEMORY OF JIMMY BUFFETT	$5,000
UNIVERSITY OF TEXAS AT AUSTIN COLLEGE OF FINE ARTS AUSTIN, TX	MASTER OF ARTS IN DESIGN IN HEALTH PROGRAM	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALLEN D DAVID	PRESIDENT	1	—
EARLE W DAVID	VICE PRESIDENT	1	—
CINDY M DAVID	SECRETARY/TREASURER	1	—

Frequently Asked Questions

How large is David Family Foundation?

As of 2024, David Family Foundation holds $891K in total assets with $70K in annual revenue. It awarded 13 grants totaling $43K in 2024.

Where does David Family Foundation operate?

David Family Foundation has awarded grants in District of Columbia, Illinois, North Carolina, Oregon, Tennessee, Texas, Virginia.

What size grants does David Family Foundation award?

In 2024, David Family Foundation awarded 13 grants totaling $43K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is David Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David Family Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.