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Also known as: C/O ALAN HEDENGREN
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David Foundation is a private corporation based in THE WOODLANDS, TX. The foundation received its IRS ruling in 2014. The principal officer is Osborne Helman Knebel & Scott Llp. It holds total assets of $4.9M. Annual income is reported at $1.3M. Total assets have grown from $146K in 2013 to $5M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Ohio, Pennsylvania and Oregon. According to available records, David Foundation has made 24 grants totaling $3.3M, with a median grant of $93K. The foundation has distributed between $1.6M and $1.7M annually from 2020 to 2022. Individual grants have ranged from $5K to $600K, with an average award of $137K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, Oregon, Michigan, which account for 21% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$92K
Average Grant
$164K
Largest Grant
$600K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in PA, OR, MI.
David Foundation has distributed a total of $3.3M across 24 grants. The median grant size is $93K, with an average of $137K. Individual grants have ranged from $5K to $600K.
David Foundation typically selects its grantees rather than accepting unsolicited proposals.
David Foundation is headquartered in THE WOODLANDS, TX. While based in TX, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shlomo Berihun | PRESIDENT | $106K | $0 | $106K |
| Michael Hinckley | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| S Bradley Cooper | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Alan Hedengren | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Jonathan David | CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$5M
Fair Market Value
$5.4M
Net Worth
$5M
Grants Paid
$922K
Contributions
N/A
Net Investment Income
$94K
Distribution Amount
$266K
Total: N/A
Total Grants
24
Total Giving
$3.3M
Average Grant
$137K
Median Grant
$93K
Unique Recipients
16
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Leaders Of The FutureTO FUND ORGANIZATION'S EXEMPT PURPOSE. | Haifa | $500K | 2022 |
| Fox Chase Cancer Center - Institute For Clinical ResearchTO FUND ORGANIZATION'S EXEMPT PURPOSE. | Philadelphia, PA | $150K | 2022 |
| Israel Tennis Centers FoundationTO FUND ORGANIZATION'S EXEMPT PURPOSE. | New York | $100K | 2022 |
| Technion Research & Dev Foundation LtdTO FUND ORGANIZATION'S EXEMPT PURPOSE | Haifa | $30K | 2022 |
| Friends Of AtidimTO FUND ORGANIZATIONS'S PURPOSE. | Raanana | $25K | 2022 |
| Oregon Health And Science UniversityFUND ORGANIZATION'S EXEMPT PURPOSE. | Portland, OR | $200K | 2020 |
| University Hospital Of EssenFUND ORGANIZATION'S EXEMPT PURPOSE. | — | $196K | 2020 |
| Sarcoma Alliance For Research (Sarc)FUND ORGANIZATION'S EXEMPT PURPOSE. | Ann Arbor, MI | $150K | 2020 |
| Brigham And Women'S HospitalFUND ORGANIZATION'S EXEMPT PURPOSE. | Boston, MA | $113K | 2020 |
| Chabad Of Austin IncFUND ORGANIZATION'S EXEMPT PURPOSE. | Austin, TX | $100K | 2020 |
| Cleveland Clinic ResearchFUND ORGANIZATION'S EXEMPT PURPOSE. | Cleveland, OH | $86K | 2020 |
| Friends Of Sheba Medical CenterFUND ORGANIZATION'S EXEMPT PURPOSE. | Los Angeles, CA | $50K | 2020 |
| University Of Ca San DiegoFUND ORGANIZATION'S EXEMPT PURPOSE. | La Jolla, CA | $41K | 2020 |
| Israel Cancer Research FundFUND ORGANIZATION'S EXEMPT PURPOSE. | New York, NY | $29K | 2020 |
| Institute Of Cancer ResearchFUND ORGANIZATION'S EXEMPT PURPOSE. | Philidelphia, PA | $10K | 2020 |
| Amutat ReimFUND ORGANIZATION'S EXEMPT PURPOSE. | — | $5K | 2020 |