The David Foundation

BRENTWOOD, TN EIN: 62-1585839

The David Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRENTWOOD, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $216K in total assets. In 2024, it awarded 8 grants totaling $85K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$216K

-27.8% YoY

Annual Giving

$85K

+70.2% YoY

Grant Count

+14.3% YoY

Avg Grant Size

$11K

+48.9% YoY

Under IRS private-foundation payout rules, The David Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About The David Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $145K (75%)

North Carolina $25K (13%)

Indiana $15K (8%)

Colorado $8K (4%)

Georgia $1K (1%)

States

Colorado Georgia Indiana North Carolina Tennessee

Cities

AtlantaBooneBrentwoodColorado SpringsDenverFranklinIndianapolisNashvilleWhites Creek

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$215,607	$298,789	$345,439
Revenue	$2,731	$4,522	$1,664
Expenses	$85,913	$51,172	$31,003
Qualifying Distributions	$85,000	$49,950	$31,000
Net Investment Income	$2,731	$4,522	$1,664
Distributable Amount	$12,512	$15,509	$17,645

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New Hope Academy ($25,000), Samaritans Purse ($25,000), Family Foundation ($10,000).

Recipient	Purpose	Amount
FAITH FAMILY MEDICAL CLINIC NASHVILLE, TN	MINISTRY SUPPORT	$2,500
NEW HOPE ACADEMY FRANKLIN, TN	MINISTRY SUPPORT	$25,000
LAST BELL INDIANAPOLIS, IN	MINISTRY SUPPORT	$5,000
SAMARITANS PURSE BOONE, NC	MINISTRY SUPPORT	$25,000
FAMILY FOUNDATION NASHVILLE, TN	MINISTRY SUPPORT	$10,000
LEADERSHIP INTERNATIONAL BRENTWOOD, TN	MINISTRY SUPPORT	$7,500
LIPSCOMB UNIVERSITY NASHVILLE, TN	MINISTRY SUPPORT	$5,000
NASHVILLE YOUNG LIFE NASHVILLE, TN	MINISTRY SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STUART SOUTHARD	PRESIDENT	1	—
S JACKSON FARIS	TRUSTEE	0.25	—
MEREDITH E FLAUTT	TRUSTEE	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The David Foundation?

The David Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRENTWOOD, TN. It holds $216K in total assets as of 2024.

How large is The David Foundation?

As of 2024, The David Foundation holds $216K in total assets with $3K in annual revenue. It awarded 8 grants totaling $85K in 2024.

Where does The David Foundation operate?

The David Foundation has awarded grants in Colorado, Georgia, Indiana, North Carolina, Tennessee.

What size grants does The David Foundation award?

In 2024, The David Foundation awarded 8 grants totaling $85K — an average of about $11K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The David Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.