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Paul R & Alma M Waters Foundation Tw is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2003. The principal officer is Wachovia Bank Na. It holds total assets of $3.1M. Annual income is reported at $1.2M. Total assets have decreased from $4.5M in 2011 to $3.2M in 2023. The foundation is governed by 1 officer or trustee. 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. Funding is distributed across 4 states, including North Carolina, Virginia, Georgia. According to available records, Paul R & Alma M Waters Foundation Tw has made 27 grants totaling $1.1M, with a median grant of $29K. The foundation has distributed between $355K and $380K annually from 2020 to 2023. Individual grants have ranged from $18K to $133K, with an average award of $41K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Virginia, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$29K
Average Grant
$40K
Largest Grant
$126K
Based on 9 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.
Paul R & Alma M Waters Foundation Tw primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in NC, GA, VA.
Paul R & Alma M Waters Foundation Tw has distributed a total of $1.1M across 27 grants. The median grant size is $29K, with an average of $41K. Individual grants have ranged from $18K to $133K.
Paul R & Alma M Waters Foundation Tw typically selects its grantees rather than accepting unsolicited proposals.
Paul R & Alma M Waters Foundation Tw is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $83K | $0 | $83K |
Total Giving
$449K
Total Assets
$3.2M
Fair Market Value
$8.3M
Net Worth
$3.2M
Grants Paid
$355K
Contributions
N/A
Net Investment Income
$365K
Distribution Amount
$401K
Total: N/A
Total Grants
27
Total Giving
$1.1M
Average Grant
$41K
Median Grant
$29K
Unique Recipients
9
Most Common Grant
$29K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baptist State ConventionGENREAL OPERATING | Cary, NC | $124K | 2023 |
| First Baptist Church Of WaGENERAL OPERATING | Washington, NC | $47K | 2023 |
| First Baptist Church ChocowinityGENERAL OPERATING | Chocowinity, NC | $28K | 2023 |
| West End Baptist ChurchGENERAL OPERATING | Washington, NC | $28K | 2023 |
| Riverview Baptist ChurchGENERAL OPERATING | Greenville, NC | $28K | 2023 |
| Second Baptist ChurchGENERAL OPERATING | Washington, NC | $28K | 2023 |
| International Mission Board SbcGENERAL OPERATING | Richmond, VA | $27K | 2023 |
| North American Mission BoardGENERAL OPERATING | Alpharetta, GA | $27K | 2023 |
| Wycliffe Bible Translators IncGENERAL OPERATING | Orlando, FL | $18K | 2023 |