The Leah and Richard Davis Foundation
The Leah and Richard Davis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 12 grants totaling $285K. Net investment income was $125K.
Key facts about The Leah and Richard Davis Foundation
In short: The Leah and Richard Davis Foundation gave $285K across 12 grants in 2024 (avg $24K), top state Texas. 58% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 84-3988311
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $284,846
- Grants made (2024)
- 12
- Average grant
- $23,737
- Median grant
- $10,175
- New grantees (estimate)
- 58% first-time grantees (7 of 12, 2024)
- Total assets
- $1,070,255
- Primary geography
- Texas (35% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-13.0% YoY
Annual Giving
$285K
-47.0% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$24K
-51.4% YoY
Under IRS private-foundation payout rules, The Leah and Richard Davis Foundation reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Leah and Richard Davis Foundation open to new grantees?
58%
first-time grantees, 2024
In 2024, 7 of 12 grantees (58%) were first-time recipients. First grants averaged $11K; repeat grants $41K. How we count
Medians: $10K first-time, $25K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving fell 24% from 2021 to 2024. Method
- In 2024 it paid out 152% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNIV OF TEXAS AT AUSTIN Austin, TX | EDUCATIONAL | $100,000 |
| MACCABEE TASK FORCE FOUNDATION Las Vegas, NV | RELIGIOUS | $66,370 |
| THE ALFRED & ADELE DAVIS ACADEMY Atlanta, GA | EDUCATIONAL | $36,000 |
| BIRTHRIGHT ISRAEL FOUNDATION New York, NY | CULTURAL | $25,000 |
| CROHNS AND COLITIS FOUNDATION New York, NY | MEDICAL | $12,500 |
| FARBER HEBREW DAY SCHOOL Southfield, MI | EDUCATIONAL | $10,350 |
| FOUNDATION FOR DEFENSE OF DEMOCRACIES Washington, DC | COMMUNITY SERVICE/SOCIAL JUSTICE | $10,000 |
| JEWISH FEDERATION OF GREATER ATLANTA Atlanta, GA | RELIGIOUS | $10,000 |
| LOVE THY NEIGHBOR FOUNDATION Purcellville, VA | COMMUNITY SERVICE | $10,000 |
| ISRAEL PARASPORT CENTER Northfield, IL | CUTURAL | $2,563 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,070,255 | $1,230,820 | $1,482,452 |
| Revenue | $146,907 | $301,969 | $267,821 |
| Expenses | $306,925 | $553,598 | $336,557 |
| Qualifying Distributions | $284,846 | $537,476 | $322,063 |
| Net Investment Income | $124,828 | $290,464 | $260,325 |
| Distributable Amount | $187,447 | $180,776 | $194,560 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Leah and Richard Davis Foundation is led by Richard Davis, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Richard Davis
President
On filings since 2020
2 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 Leah and Richard Davis Foundation
How much does The Leah and Richard Davis Foundation give each year?
The Leah and Richard Davis Foundation gave $285K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $537K across 11 grants.
What is The Leah and Richard Davis Foundation's typical grant size?
The Leah and Richard Davis Foundation's median grant in 2024 was $10,175, and its average grant was $23,737, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Leah and Richard Davis Foundation that year got $11K on average.
Where does The Leah and Richard Davis Foundation give grants?
The Leah and Richard Davis Foundation's top state is Texas, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Nevada (23%) and Georgia (17%). The most frequent recipient cities were Atlanta, GA (2 grants) and New York, NY (2 grants).
Does The Leah and Richard Davis Foundation give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on The Leah and Richard Davis Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (3 grants) and "Religious" (3 grants).
Who are The Leah and Richard Davis Foundation's largest grantees?
The Leah and Richard Davis Foundation's largest 2024 grantees include Univ of Texas at Austin ($100,000), Maccabee Task Force Foundation ($66,370) and The Alfred & Adele Davis Academy ($36,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
How large is The Leah and Richard Davis Foundation?
The Leah and Richard Davis Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $285K in qualifying distributions that year, against a required minimum of $187K (roughly 5% of its investment assets).
What is The Leah and Richard Davis Foundation?
The Leah and Richard Davis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. It holds $1.1M in total assets as of 2024.
What is The Leah and Richard Davis Foundation's EIN?
The Leah and Richard Davis Foundation's EIN (Employer Identification Number) is 84-3988311. 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.
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