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Waters Foundation Inc. is a private corporation based in SAVANNAH, GA. The foundation received its IRS ruling in 2006. The principal officer is Don L Waters. It holds total assets of $10.9M. Annual income is reported at $1.8M. Total assets have grown from $2.1M in 2011 to $10.9M in 2023. The foundation is governed by 2 officers and trustees. 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 2016 to 2023. According to available records, Waters Foundation Inc. has made 4 grants totaling $2.3M, with a median grant of $586K. Annual giving has grown from $400K in 2020 to $673K in 2023. Grantmaking activity was highest in 2022 with $685K distributed across 1 grants. Individual grants have ranged from $400K to $685K, with an average award of $564K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
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.
Waters Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in GA.
Waters Foundation Inc. has distributed a total of $2.3M across 4 grants. The median grant size is $586K, with an average of $564K. Individual grants have ranged from $400K to $685K.
Waters Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Waters Foundation Inc. is headquartered in SAVANNAH, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Don L Waters | CHAIRMAN | $0 | $0 | N/A |
| Cynthia D Waters | PRESIDENT | $0 | $0 | N/A |
Total Giving
$718K
Total Assets
$10.9M
Fair Market Value
$14.5M
Net Worth
$10.9M
Grants Paid
$673K
Contributions
N/A
Net Investment Income
$990K
Distribution Amount
$665K
Total: $9.8M
Total Grants
4
Total Giving
$2.3M
Average Grant
$564K
Median Grant
$586K
Unique Recipients
2
Most Common Grant
$685K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Savannah Community FoundationSUPPORT CHARITABLE PURPSOSE | Savannah, GA | $673K | 2023 |
| Armstrong State University FoundatiSUPPORT CHARITABLE PURPSOSE | Savannah, GA | $400K | 2020 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA