The David Frawley 2003 Foundation

Private foundation · Grantmaker Boston, MA EIN: 26-2081688

The David Frawley 2003 Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $88K in total assets. In 2025, it awarded 2 grants totaling $10K. Net investment income was $4K.

Key facts about The David Frawley 2003 Foundation

In short: The David Frawley 2003 Foundation gave $10K across 2 grants in 2025 (avg $5K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
26-2081688
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$10,000
Grants made (2025)
2
Average grant
$5,000
Median grant
$5,000
Total assets
$88,362
Primary geography
Massachusetts (100% 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

$88K

-1.7% YoY

Annual Giving

$10K

+66.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$5K

+66.7% YoY

Under IRS private-foundation payout rules, The David Frawley 2003 Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How The David Frawley 2003 Foundation gives

  • Giving grew 300% from 2022 to 2025. Method
  • In 2025 it paid out 264% 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

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

North AndoverBedfordHyannisNorwoodBostonLindrith

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2019 2 grants2020 3 grants2021 1 grant2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $3K (2022) to $25K (2023). In 2025 it made 2 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Aero Club of New England Inc: $5KAero Club of New England Inc$5KAngel Flight of New England Inc: $5KAngel Flight of New EnglandInc$5K

The largest 2025 recipient was Aero Club of New England Inc ($5K). Together the top 2 received $10K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Aero Club of New England Inc Bedford, MAGeneral Support$5,000
Angel Flight of New England Inc North Andover, MAGeneral Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$88,362$89,909$82,837
Revenue$5,815$2,606$721
Expenses$13,132$8,925$28,668
Qualifying Distributions$11,334$7,230$26,122
Net Investment Income$4,017$911—
Distributable Amount$4,299$4,396$4,264

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 7, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS January 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 26, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 21, 2022)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 3, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 20, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

The David Frawley 2003 Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David W. Graham

    Trustee

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Gary P. Kearney

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Jeffrey Bauer

    Trustee

    On filings since 2019

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The David Frawley 2003 Foundation

How much does The David Frawley 2003 Foundation give each year?

The David Frawley 2003 Foundation gave $10K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 2 grants.

How large is The David Frawley 2003 Foundation?

The David Frawley 2003 Foundation reported $88K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does The David Frawley 2003 Foundation operate?

The David Frawley 2003 Foundation has awarded grants in Massachusetts, New Mexico.

What is The David Frawley 2003 Foundation's EIN?

The David Frawley 2003 Foundation's EIN (Employer Identification Number) is 26-2081688. IRS Form 990 filing data is available on this page for 2019–2025.

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

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