Larry and Ashley David Foundation Inc

Foundation · Grantmaker Los Angeles, CA EIN: 87-4108807

Larry and Ashley David Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Los Angeles, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 6 grants totaling $47K. Net investment income was $26K.

Key facts about Larry and Ashley David Foundation Inc

In short: Larry and Ashley David Foundation Inc gave $47K across 6 grants in 2025 (avg $8K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

EIN
87-4108807
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$46,939
Grants made (2025)
6
Average grant
$7,823
Median grant
$7,500
Total assets
$1,106,124
Primary geography
Georgia (89% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

+33.2% YoY

Annual Giving

$47K

+39.1% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$8K

+62.3% YoY

Under IRS private-foundation payout rules, Larry and Ashley David Foundation Inc reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.

How Larry and Ashley David Foundation Inc gives

  • Giving grew 224% from 2022 to 2025. Method
  • In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 6 itemized 2025 grant dollars.

Cities

AlbanyAtlantaFlat RockBrunswickCaryDecaturLong BeachLos AngelesMalibuMontgomeryNew YorkVeniceWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20213 grants20225 grants20237 grants20246 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

The Carter Center: $12KThe Carter Center$12KThe Boys & Girls Club of Albany: $10KThe Boys & Girls Club ofAlbany$10KUnited Parents Inc DBA Deerfield-Windsor School: $10KUnited Parents Inc DBADeerfield-Windsor School$10KAlbany Ga Museum of Art: $5KAlbany Ga Museum of Art$5KSouthern Center for Human Rights: $5KSouthern Center for HumanRights$5KComedy Gives Back: $5KComedy Gives Back$5K

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
THE CARTER CENTER Atlanta, GATO SUPPORT THE ORGANIZATION IN HELPING SOME OF THE WORLD'S MOST POWERLESS PEOPLE ATTAIN THE SKILLS, KNOWLEDGE AND ACCESS TO RESOURCES NEEDED TO IMPROVE THEIR OWN LIVES.$11,939
THE BOYS & GIRLS CLUB OF ALBANY Albany, GATO SUPPORT THE ORGANIZATION IN PROVIDING A FUN, SAFE, SUPERVISED ENVIRONMENT FOR RECREATIONAL AND EDUCATIONAL ACTIVITIES WHERE ALL BOYS AND GIRLS, ESPECIALLY THOSE WHO NEED THE MOST, CAN DEVELOP SELF-ESTEEM AND THE QUALITIES NEEDED TO BECOME, CARING, RESPONSIBLE CITIZENS.$10,000
UNITED PARENTS INC DBA DEERFIELD-WINDSOR SCHOOL Albany, GAFOR THE ANNUAL FUND TO PROVIDE ESSENTIAL SUPPORT FOR THE DEERFIELD-WINDSOR SCHOOLS DAY TO DAY OPERATIONS.$10,000
ALBANY GA MUSEUM OF ART Albany, GATO HELP SUPPORT STAFF, PROGRAMMING, INFRASTRUCTURE, AND BUILDING NEEDS OF THE MUSEUM$5,000
SOUTHERN CENTER FOR HUMAN RIGHTS Atlanta, GATO SUPPORT THE ORGANIZATION IN HELPING FIGHT FOR A WORLD FREE FROM MASS INCARCERATION, THE DEATH PENALTY, THE CRIMINALIZATION OF PVERTY, AND RACIAL INJUSTICE$5,000
COMEDY GIVES BACK Venice, CATO HELP THE ORGANIZATION PROVIDE GRANTS TO STAND-UP COMEDIANS THAT COVER FINANCIAL CRISES, MENTAL HEALTH THERAPY, AND CHEMICAL DEPENDECY TREATMENT.$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20212022202320242025
Metric202520242023
Total Assets$1,106,124$830,451$642,702
Revenue$326,464$224,679$14,200
Expenses$50,791$36,930$43,700
Qualifying Distributions$46,939$33,735$41,000
Net Investment Income$26,172$24,556$14,200
Distributable Amount$43,597$37,702$32,961

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2023)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 2, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
  6. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2023)
  7. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  8. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  9. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 2, 2025)
  10. Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
  11. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Larry and Ashley David Foundation Inc is led by Larry David, President & Director on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Larry David

    President & Director

    On filings since 2021

    No compensation reported

  • Ashley Underwood

    Secretary & Director

    On filings since 2021

    No compensation reported

  • Matthew Lichtenberg

    Chief Financial Officer

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Larry and Ashley David Foundation Inc

How much does Larry and Ashley David Foundation Inc give each year?

Larry and Ashley David Foundation Inc gave $47K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 7 grants.

What is Larry and Ashley David Foundation Inc's typical grant size?

Larry and Ashley David Foundation Inc's median grant in 2025 was $7,500, and its average grant was $7,823, across 6 grants on its 2025 IRS Form 990-PF.

Where does Larry and Ashley David Foundation Inc give grants?

Larry and Ashley David Foundation Inc gives mostly in Georgia: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (11%). The most frequent recipient cities were Albany, GA (3 grants) and Atlanta, GA (2 grants).

Does Larry and Ashley David Foundation Inc give general operating support?

Yes: 17% of Larry and Ashley David Foundation Inc's 2025 grants with a stated purpose (1 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Larry and Ashley David Foundation Inc's largest grantees?

Larry and Ashley David Foundation Inc's largest 2025 grantees include The Carter Center ($11,939), The Boys & Girls Club of Albany ($10,000) and United Parents Inc DBA Deerfield-Windsor School ($10,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.

How large is Larry and Ashley David Foundation Inc?

Larry and Ashley David Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).

What is Larry and Ashley David Foundation Inc?

Larry and Ashley David Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Los Angeles, CA. It holds $1.1M in total assets as of 2025.

What is Larry and Ashley David Foundation Inc's EIN?

Larry and Ashley David Foundation Inc's EIN (Employer Identification Number) is 87-4108807. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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