The David Geffen Foundation

Organization Overview

The David Geffen Foundation is located in Los Angeles, CA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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 Geffen Foundation 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 12/2021, David Geffen Foundation generated $36.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.7%) each year. All expenses for the organization totaled $108.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, David Geffen Foundation has awarded 399 individual grants totaling $216,067,502. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

NONE


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Board, Officers & Key Employees

Name (title)Compensation
J Dallas Dishman
Executive Director
$299,028
David Geffen
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morgan Stanley
$98,096
Pricewaterhouescoopers
$91,720
Sotomayer & Associates
$53,460
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $17,049,223
Net Rental Income$0
Net Gain on Sale of Assets $20,071,922
Capital Gain Net Income $20,071,922
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$700,952
Total Revenue $36,420,193

Grants Awarded

Over the last fiscal year, The David Geffen Foundation has awarded $107,843,612 in support to 98 organizations.

Grant RecipientAmount

LINCOLN CENTER FOR PERFORMING ARTS

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$25,000,000

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$17,033,239

YALE UNIVERSITY

PURPOSE: GENERAL SUPPORT

$15,000,000

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$12,811,240

LINCOLN CENTER FOR PERFORMING ARTS

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$10,000,000

MUSEUM OF MODERN ART

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$10,000,000
View Grant Profile

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