David has supported the Center for Asia Minor Studies, and has acted as chairman of the center’s board since 2009, and is Emeritus Trustee of the Campion School in Athens (after serving as chairman of the board from 2000-2007) and a Regent of the University of Edinburgh. In 1989, he founded a scholarship programme in memory of his parents Alkiviadis and Kalliope supporting gifted students from his hometown, Petra (part of occupied Cyprus since 1974). He has funded scholarships at Providence College since 1988, supporting students of Greek ethnicity, while, starting in 1992, a studentship with College Year in Athens annually offers a Tufts University student the chance to study Greek history and civilization, in the belief that such initiatives are "of paramount significance if we are to build, in the Platonic sense, a global society permeated by the values of humanism".. David supports the University’s Edinburgh Center for Carbon Innovation in the pursuit of a low-carbon future. The George David Family Scholarships provide postgraduate students resident in Greece or Cyprus the opportunity to further their education at the ECCI, an institution that underlines that "education can be the first step towards re-shaping the world we live in."