Douglas Foundation
The Douglas Foundation is a private foundation based in Beverly Hills, California, established in 1964 by Anne and Kirk Douglas. The foundation operates as a 501(c)(3) charitable organization dedicated to philanthropic giving across education, healthcare, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$118.3M
-1.2% YoY
Annual Giving
$4.4M
+7.8% YoY
Grant Count
16
+60.0% YoY
Avg Grant Size
$278K
-32.6% YoY
Mission & Focus Areas
The Douglas Foundation partners with organizations committed to providing more equitable access to education, healthcare, and the arts. The foundation is particularly focused on improving the lives of children and women in California.
The foundation's primary mission centers on:
- Making education more accessible to California citizens
- Improving healthcare access and quality
- Fostering the arts and cultural opportunities
- Supporting medical research, equipment, and programs that enhance quality of care in local communities
- Improving education and health, fostering well-being, and developing new opportunities for children
Grantmaking
The foundation operates on an invite-only basis and does not accept unsolicited applications. However, it is open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
$2,000
Average Grant
$2,000
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Geographic Focus
Where this funder awards grants
The foundation supports various cities and regions across the United States, including:
- Bellflower
- Canton
- Long Beach
- Los Angeles
- Rancho Mirage
- San Francisco
- Washington, D.C.
- Woodland Hills
Primary geographic focus is California, with additional support in Washington D.C. and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $119.7 million
- Total revenues: $2.82 million
- Total expenses: $4.99 million
- Total liabilities: $0
Revenue Breakdown (2023):
- Investment income and dividends: $2,779,960
- Net gain from sale of non-inventory assets: $42,583
- Miscellaneous revenues: $355
Giving Rate: The foundation distributes approximately 3.8% of its assets annually.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $118,271,319 | $119,673,262 | $119,296,484 |
| Revenue | $3,915,839 | $2,822,898 | $-2,991,444 |
| Expenses | $5,317,782 | $4,988,062 | $4,477,823 |
| Qualifying Distributions | $4,724,944 | $4,416,877 | $3,989,387 |
| Net Investment Income | $3,409,126 | $2,343,586 | $2,157,458 |
| Distributable Amount | $7,398,502 | $6,482,612 | $6,339,360 |
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
Open Grants
1 open opportunity from Douglas Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees:
- Anita May Rosenstein (Trustee and President)
- Michael Douglas (Trustee)
- Stuart Korshak (Trustee)
- James Greenbaum (Trustee)
- Arnold Rosenstein (Trustee and Treasurer)
All trustees serve on a voluntary basis with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANITA MAY ROSENSTEIN | TRUSTEE AND PRESIDENT | 0.25 | — |
| STUART KORSHAK | TRUSTEE | 0.25 | — |
| JAMES GREENBAUM | TRUSTEE | 0.25 | — |
| ARNOLD ROSENSTEIN | TRUSTEE AND TREASURER | 0.25 | — |
| MICHAEL DOUGLAS | TRUSTEE | 0.25 | — |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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