David Family Foundation Inc
- Assets
- $3.0m
- Revenue
- $451.5k
- Investments
- $2.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 13-4088264
Organization Overview
David Family Foundation Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, David Family Foundation Inc generated $451.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $514.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Family Foundation Inc has awarded 216 individual grants totaling $3,659,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack David Dir, Pres, Trea | 5 | $0 | |
Melanie M Kirkpatrick David V.P. | 1 | $0 | |
Zachary B David Director | 0 | $0 | |
Jacqueline M David Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $212,975 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $191,556 |
| Capital Gain Net Income | $192,008 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $451,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $289 |
| Total operating and administrative expenses | $11,958 |
| Contributions, gifts, grants paid | $502,000 |
| Total expenses and disbursements | $513,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,025 |
| Savings and temporary cash investments | $813,943 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $3,013,324 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, David Family Foundation Inc has awarded $502,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
COMMENTARY INC PURPOSE: TO CLARIFY & ENLIGHTEN PUBLIC OPINION. | $3,500 |
METROPOLITAN OPERA PURPOSE: TO SUPPORT CULTURE AND THE ARTS. | $6,500 |
FOUNTAIN HOUSE INC PURPOSE: TO SUPPORT PROGRAMS FOR PEOPLE WITH MENTAL ILLNESS. | $7,000 |
LINCOLN CENTER THEATER PURPOSE: TO SUPPORT CULTURE AND THE ARTS. | $5,000 |
MANHATTAN INSTITUTE FOR POLICY RESE PURPOSE: TO SUPPORT POLICY RESEARCH. | $20,000 |
MEMORIAL SLOAN-KETTERING CANCER CEN PURPOSE: TO SUPPORT CANCER RESEARCH AND TREATMENT. | $3,000 |