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David Walentas

New YorkReal Estate

AIProfile Summary

David Walentas is a New York real estate billionaire born in 1938, with an estimated net worth of ~$2.0B RTB. His wealth is tied to real estate, and the data also shows a long record of political giving and a family foundation in Brooklyn FEC ProPublica 990.

Philanthropy

The Walentas Foundation Ltd reported $3,595,000 in revenue and $3,595,000 in expenses for tax year 2023, with $3,088,596 in grants paid and total assets reported as $1 ProPublica 990. The foundation is based in Brooklyn, New York ProPublica 990.

Political Activity

From 1980-10-22 to 2024-04-08, Walentas made 100 federal contributions totaling $304,010.24 FEC. His giving leaned Democratic, with $178,810.24 to DEM recipients, $14,100 to REP recipients, and $111,100 listed as Unknown FEC.

In the News

No validated news articles were available in the provided GDELT data NewsAPI.

AI-generated summary from gdelt, fec, rtb, propublica_990 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

residenceNew York, New York

990Philanthropy

$1Foundation Assets
$3.1MGrants Paid
1Foundation
Walentas Foundation LtdBrooklyn, NY
Private grantmaking foundation (IRS NTEE T20)
Assets: $1Revenue: $3.6MGrants: $3.1MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$304KTotal Contributed
100Contributions
1980–2024Date Range

By Party

DEM
$179K
Unknown
$111K
REP
$14K

Top Recipients

BETTER DAYS FUND$50K
TEAM STAND FOR AMERICA$17K
BLUMENAUER CENTURY FUND$15K
GILLIBRAND FOR SENATE$13K
FRIENDS OF SCHUMER$12K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

C
41.1
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
23%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
75%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

David Walentas — Public Benefit Score C (41) | Billionaire Army