Ruvo is also a founding member of the Young Presidents' Organization–Nevada Chapter, a former member of the World Presidents' Organization and Bailli of the Chaine des Rotisseurs in Las Vegas, and a member of the Bluecoats in Nevada. He serves as a board member of the Nevada Ballet Dance Theatre and the American Gaming Association. He is a founding member of the Nevada Tourism Alliance as well as the Council for a Better Nevada. He is a supporter of numerous philanthropic endeavors in Nevada as well as nationally and internationally.
In 1994, after the loss of his father, Lou Ruvo, to Alzheimer's disease, Larry Ruvo made it his mission to hopefully cure the devastating diseases Alzheimer's, Parkinson's, Huntington's, and ALS. Ruvo worked toward establishing a cognitive disease center, which resulted in his funding of The Lou Ruvo Brain Institute. The institute is unique in its bold mission — to establish the international gold standard in the treatment of patients with dementia and Alzheimer's and in supporting their caregivers. The founding of Keep Memory Alive and now its partnership with the esteemed Cleveland Clinic will forever change medical care in Nevada. The $100 million building designed by internationally renowned architect Frank Gehry is home to the Cleveland Clinic Lou Ruvo Center for Brain Health, the world's epicenter for research of these horrific diseases.
Ruvo also has been the recipient of numerous honors. He received the UNLV President's Medal and was listed as one of the most Influential Businessmen of Southern Nevada in 2004 and 2009. Also in 2009, he was named Distinguished Nevadan by UNLV, received the Woodrow Wilson Award, and joined the Board of Trustees of the Cleveland Clinic. In 2010, he received the Angel Awards Humanitarian of the Year from In Business.
Ruvo is married to Camille and has three daughters: Nicole, Lauren, and Brianna.