The David Foundation
The David Foundation is a private foundation, 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.
The David Foundation at a glance
In short: The David Foundation gave $85K across 8 grants in 2024 (avg $11K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $85,000
- +70.2% vs 2023
- Grants made (2024)
- 8
- +14.3% vs 2023
- Average grant
- $10,625
- +48.9% vs 2023
- Median grant
- $6,250
- Total assets
- $215,607
- -27.8% vs 2023
- Primary geography
- Tennessee (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The David Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was New Hope Academy ($25K). Together the top 8 received $85K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How The David Foundation gives
- Giving grew 209% from 2021 to 2024. Method
- In 2024 it paid out 679% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $28K (2021) to $85K (2024). In 2024 it made 8 grants totaling $85K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Hope Academy Franklin, TN | Ministry Support | $25,000 |
| Samaritans Purse Boone, NC | Ministry Support | $25,000 |
| Family Foundation Nashville, TN | Ministry Support | $10,000 |
| Leadership International Brentwood, TN | Ministry Support | $7,500 |
| Last Bell Indianapolis, IN | Ministry Support | $5,000 |
| Lipscomb University Nashville, TN | Ministry Support | $5,000 |
| Nashville Young Life Nashville, TN | Ministry Support | $5,000 |
| Faith Family Medical Clinic Nashville, TN | Ministry Support | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $215,607 | $2,731 | $85,913 | $85,000 | 8 | $85,000 | $2,731 | $12,512 |
| 2023 | $298,789 | $4,522 | $51,172 | $49,950 | 7 | $49,950 | $4,522 | $15,509 |
| 2022 | $345,439 | $1,664 | $31,003 | $31,000 | 6 | $31,000 | $1,664 | $17,645 |
| 2021 | $374,778 | $400,277 | $27,500 | $27,500 | 4 | $27,500 | $277 | $17,842 |
| 2020 | $2,001 | $1 | — | — | — | — | $1 | $99 |
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.
Leadership & Key People
Officers and directors from IRS filings
The David Foundation is led by Stuart Southard, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stuart Southard
President
On filings since 2020
1 hr/week
No compensation reported
Meredith E. Flautt
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
S. Jackson Faris
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The David Foundation
How much does The David Foundation give each year?
The David Foundation gave $85K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 7 grants.
What is The David Foundation's typical grant size?
The David Foundation's median grant in 2024 was $6,250, and its average grant was $10,625, across 8 grants on its 2024 IRS Form 990-PF.
Where does The David Foundation give grants?
The David Foundation gives mostly in Tennessee: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (29%) and Indiana (6%). The most frequent recipient cities were Nashville, TN (4 grants).
Does The David Foundation give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on The David Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Ministry Support" (8 grants).
Who are The David Foundation's largest grantees?
The David Foundation's largest 2024 grantees include New Hope Academy ($25,000), Samaritans Purse ($25,000) and Family Foundation ($10,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
How large is The David Foundation?
The David Foundation reported $216K in total assets on its 2024 IRS Form 990-PF. It paid out $85K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).
What is The David Foundation's EIN?
The David Foundation's EIN (Employer Identification Number) is 62-1585839. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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