Larry and Ashley David Foundation Inc

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 2024. As of 2024, the organization holds $830K in total assets. In 2024, it awarded 7 grants totaling $34K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$830K

+29.2% YoY

Annual Giving

$34K

-17.7% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$5K

-41.2% YoY

Under IRS private-foundation payout rules, Larry and Ashley David Foundation Inc reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Larry and Ashley David Foundation Inc

Based on IRS filings

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 2024. As of 2024, the organization holds $830K in total assets. In 2024, it awarded 7 grants totaling $34K. Net investment income was $25K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlbanyAtlantaBrunswickCaryDecaturFlat RockLong BeachLos AngelesMalibuMontgomeryNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$96K$193K$289K$385K2021202220232024
Metric202420232022
Total Assets$830,451$642,702$672,202
Revenue$224,679$14,200$350,000
Expenses$36,930$43,700$27,798
Qualifying Distributions$33,735$41,000$14,500
Net Investment Income$24,556$14,200
Distributable Amount$37,702$32,961$16,991

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$21K$31K$41K0 grants20213 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

THE CARTER CENTER$16KUNITED WAY OF NORTH CARO…$6KBRAZIL FOUNDATION$5KFLAT ROCK PLAYHOUSE$3KALBANY GA MUSEUM OF ART$2KOPERATION AIRDROP$1KTEMPLE BETH TEFILLOH$1K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Carter Center ($15,735), United Way of North Carolina Disaster Relief Fund ($6,000), Brazil Foundation ($5,000).

RecipientPurposeAmount
FLAT ROCK PLAYHOUSE FLAT ROCK, NCTO HELP SUPPORT THE ORGANIZATION TO ENRICH LIVES THROUGH THE ART OF THEATRE BY SUSTAINING PRODUCTION EXCELLENCE, NURTURING TALENT, AND INSPIRING CREATIVITY IN AN INCLUSIVE SAFE HAVEN FOR ARTISTIC VISION, LIFE-LONG LEARNING, AND CREATIVE RISK.$3,000
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.$15,735
BRAZIL FOUNDATION NEW YORK, NYTO HELP AID IN THE IMMEDIATE RELIEF EFFORTS AND PAVE THE WAY FOR LONG TERM RECOVERY IN RIO GRANDE DO SUL DUE TO THE FLOODS.$5,000
OPERATION AIRDROP DECATUR, TXTO HELP THE CHARITY PROVIDE AIRBORNE AID ACROSS THE US DURING NATURAL DISASTERS$1,000
TEMPLE BETH TEFILLOH BRUNSWICK, GATO SUPPORT THE RELIGIOUS AND CHARITABLE ACTIVITIES OF TEMPLE BETH TEFILLOH$1,000
UNITED WAY OF NORTH CAROLINA DISASTER RELIEF FUND CARY, NCTO HELP SUPPORT BOTH IMMEDIATE AND LONG TERM RECOVERY EFFORTS IN COMMUNITIES IMPACTED BY HURRICANE HELENE.$6,000
ALBANY GA MUSEUM OF ART ALBANY, GATO HELP SUPPORT STAFF, PROGRAMMING, INFRASTRUCTURE, AND BUILDING NEEDS OF THE MUSEUM$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LARRY DAVIDPRESIDENT / DIRECTOR
ASHLEY UNDERWOODSECRETARY / DIRECTOR
MATTHEW LICHTENBERGCHIEF FINANCIAL OFFICER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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 $830K in total assets as of 2024.

How large is Larry and Ashley David Foundation Inc?

As of 2024, Larry and Ashley David Foundation Inc holds $830K in total assets with $225K in annual revenue. It awarded 7 grants totaling $34K in 2024.

Where does Larry and Ashley David Foundation Inc operate?

Larry and Ashley David Foundation Inc has awarded grants in Alabama, California, District of Columbia, Georgia, North Carolina, New York, Texas.

What size grants does Larry and Ashley David Foundation Inc award?

In 2024, Larry and Ashley David Foundation Inc awarded 7 grants totaling $34K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Larry and Ashley David Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry and Ashley David Foundation Inc reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2021–2024.

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

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