David B and Pamela M Waud Foundation
The DAVID B AND PAMELA M WAUD FOUNDATION is a private foundation based in Chicago, Illinois. It supports charitable organizations through grants; its 2025 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Key facts about David B and Pamela M Waud Foundation
In short: David B and Pamela M Waud Foundation gave $898K across 15 grants in 2025 (avg $60K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- EIN
- 26-3875836
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $898,027
- Grants made (2025)
- 15
- Average grant
- $59,868
- Median grant
- $43,950
- Total assets
- $3,267,977
- Primary geography
- Illinois (91% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.3M
-7.2% YoY
Annual Giving
$898K
+28.7% YoY
Grant Count
15
+25.0% YoY
Avg Grant Size
$60K
+3.0% YoY
Under IRS private-foundation payout rules, David B and Pamela M Waud Foundation reported a distributable amount of $168K for 2025 — the minimum it must pay out in qualifying distributions.
How David B and Pamela M Waud Foundation gives
- Giving grew 129% from 2022 to 2025. Method
- In 2025 it paid out 534% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No foundation mission statement is provided. The 2025 grants show support for organizations including churches, social services, conservation, animal welfare, and children’s literacy organizations. For example, St Leonard’s Ministries describes its mission as providing holistic housing and supportive services to people impacted by the carceral system. The Nature Conservancy describes its mission as conserving the lands and waters on which all life depends. Bernie’s Book Bank says it supplies children who need them with free, high-quality books to build in-home libraries.
Grantmaking
In filing year 2025, the foundation reported 15 grants totaling $898,027. Grant amounts ranged from $17,000 to $126,457, with a median of $43,950. The listed purposes for its largest grants were general operating support.
Ready to take the next step with David B and Pamela M Waud Foundation?
Geographic Focus
Where this funder awards grants
In 2025, 91% of grant dollars went to recipients in Illinois, 7% to recipients in Virginia, and 2% to recipients in Florida.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2021) to $898K (2025). In 2025 it made 15 grants totaling $898K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Church of the Holy Spirit ($433K across 5 grants). Together the top 7 received $898K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 20 grants of 38 (53%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Church of the Holy Spirit Lake Forest, IL | General Operating Fund | $126,457 |
| St Leonard's Ministries Chicago, IL | General Operating Fund | $95,872 |
| Church of the Holy Spirit Lake Forest, IL | General Operating Fund | $91,452 |
| St Leonard's Ministries Chicago, IL | General Operating Fund | $91,452 |
| Church of the Holy Spirit Lake Forest, IL | General Operating Fund | $86,189 |
| Church of the Holy Spirit Lake Forest, IL | General Operating Fund | $85,437 |
| Lake Forest Open Lands Lake Forest, IL | General Operating Fund | $51,142 |
| Church of the Holy Spirit Lake Forest, IL | General Operating Fund | $43,950 |
| St Leonard's Ministries Chicago, IL | General Operating Fund | $43,950 |
| St Leonard's Ministries Chicago, IL | General Operating Fund | $39,626 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $3,267,977 | $1,258,631 | $902,389 | $898,027 | 15 |
| 2024 | $3,520,587 | $711,293 | $701,984 | $697,641 | 12 |
| 2023 | $1,363,671 | $1,028,760 | $628,515 | $625,688 | 5 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,267,977 | $3,520,587 | $1,363,671 |
| Revenue | $1,258,631 | $711,293 | $1,028,760 |
| Expenses | $902,389 | $701,984 | $628,515 |
| Qualifying Distributions | $898,042 | $697,656 | $625,714 |
| Net Investment Income | $49,688 | $44,788 | $47,748 |
| Distributable Amount | $168,113 | $175,767 | $156,278 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David B Waud as chairman, treasurer, and director; Pamela M Waud as president, secretary, and director; and Dana E Waud, Tucker L Waud, and Haley A Waud as directors.
David B and Pamela M Waud Foundation is led by Pamela M. Waud, President Secretary Director on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Pamela M. Waud
President Secretary Director
On filings since 2020
1 hr/week
No compensation reported
David B. Waud
Chairman Treasurer Director
On filings since 2020
1 hr/week
No compensation reported
Dana E. Waud
Director
On filings since 2020
1 hr/week
No compensation reported
Haley A. Waud
Director
On filings since 2020
1 hr/week
No compensation reported
Tucker L. Waud
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 333 W Wacker Dr Ste 2500, Chicago, IL 60606
Phone: (312) 676-0300
Frequently asked questions about David B and Pamela M Waud Foundation
How much does David B and Pamela M Waud Foundation give each year?
David B and Pamela M Waud Foundation gave $898K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $698K across 12 grants.
What is David B and Pamela M Waud Foundation's typical grant size?
David B and Pamela M Waud Foundation's median grant in 2025 was $43,950, and its average grant was $59,868, across 15 grants on its 2025 IRS Form 990-PF.
Where does David B and Pamela M Waud Foundation give grants?
David B and Pamela M Waud Foundation gives mostly in Illinois: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (7%). The most frequent recipient cities were Lake Forest, IL (6 grants), Chicago, IL (4 grants) and Arlington, VA (2 grants).
Does David B and Pamela M Waud Foundation give general operating support?
Yes: 100% of David B and Pamela M Waud Foundation's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are David B and Pamela M Waud Foundation's largest grantees?
David B and Pamela M Waud Foundation's largest 2025 grantees include Church of the Holy Spirit ($433,485 across 5 grants), St Leonard's Ministries ($270,900 across 4 grants) and The Nature Conservancy ($65,633 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.
How large is David B and Pamela M Waud Foundation?
David B and Pamela M Waud Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $898K in qualifying distributions that year, against a required minimum of $168K (roughly 5% of its investment assets).
What does David B and Pamela M Waud Foundation fund?
No foundation mission statement is provided. The 2025 grants show support for organizations including churches, social services, conservation, animal welfare, and children’s literacy organizations. See mission & focus areas ↑
How do I apply for a grant from David B and Pamela M Waud Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is David B and Pamela M Waud Foundation's EIN?
David B and Pamela M Waud Foundation's EIN (Employer Identification Number) is 26-3875836. IRS Form 990 filing data is available on this page for 2020–2025.
Does David B and Pamela M Waud Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching David B and Pamela M Waud Foundation by hand.
Explore Open Grants
Browse active grant opportunities in David B and Pamela M Waud Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds nonprofits addressing economic mobility, wealth gaps, and urgent community needs, with priorities including homeownership, small businesses, education, quality jobs, and investment in underinvested communities. Its 2025 itemized grants had a median of $26,500, though awards vary widely; grants generally benefit Chicago-region residents, and the Trust directs applicants to open opportunities but does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
The Sunshine Foundation Inc
Barnwell, SC
The Sunshine Foundation supports health, economic, educational, and environmental purposes, as well as community and performing arts organizations, primarily in South Carolina. Its 2024 grants had a median of $1,000, though amounts ranged from $25 to $165,126. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$13.2M
Grants
104
Total Given
$724K
Prologis Foundation
Denver, CO
Prologis Foundation supports organizations addressing human welfare, education and career opportunity, food access, community needs, and disaster relief, with grants across the U.S. and the largest 2024 shares going to California, Georgia, Illinois, Colorado, and Massachusetts. In 2024, grants ranged from $153 to $455,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
—
Grants
100
Total Given
$2.7M
Select Equity Group Foundation
New York, NY
The foundation supports charitable organizations in advocacy and civil rights, arts and culture, education and youth development, the environment, health, human services, and international development, locally, nationally, and internationally. In 2025, grants ranged from $30 to $500,000, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$44.7M
Grants
854
Total Given
$7.3M
Greater Horizons
Kansas City, MO
Greater Horizons is a donor-advised fund provider whose donor-directed grants support eligible U.S. public charities across a broad range of causes; international organizations may also qualify with additional review and fees. In 2024, grants had a median of $15,000, with itemized awards ranging from $5,001 to $10,073,050, and recipients were located across the United States, especially in California, Texas, Nebraska, New York, and Kansas. It describes a grant-request process for donors, not an application process for organizations, so unsolicited requests are not stated as accepted.
Assets
$2.8B
Grants
3,282
Total Given
$212.2M
The Allstate Foundation
Northbrook, IL
The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
The Elks National Foundation funds scholarships, youth programs, veterans services, disaster relief, and community projects, primarily through Elks Lodges and state associations in communities across the United States where Elks live and work. Its 2025 grants had a median of $8,500, though amounts varied widely; the listed Beacon and Freedom Grants are limited to Elks Lodges. The profile does not state whether it accepts unsolicited requests.
Assets
$954.1M
Grants
1,536
Total Given
$36.5M
John D and Catherine T Macarthur
Chicago, IL
The foundation funds a broad range of work, including journalism, arts, Chicago communities, climate and clean energy, homelessness, human rights, and criminal justice reform. Its 2024 grants had a median of $160,000, with awards ranging from $450 to $21 million; funding is nationwide, with the largest shares going to New York, Illinois, and Washington, D.C. Application rules vary by program: some accept self-nominations or Letters of Inquiry, while others generally do not fund unsolicited proposals.
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
Chicago, IL
Arie and Ida Crown Memorial supports a broad range of organizations, including education, Jewish organizations, and community foundations. Its 2024 grants ranged from $500 to $3 million, with a median of $55,000; 55% of grant dollars went to Illinois, with additional funding in New York, Washington, DC, California, and Minnesota. The profile does not state whether it accepts unsolicited requests.
Assets
—
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan Chicago
Chicago, IL
The Jewish Federation of Metropolitan funds human services, education, community programs, Jewish life, and crisis relief in the Chicago area, as well as support for Israel and Jewish communities worldwide. Its 2025 grants ranged from about $5,000 to $27.4 million, with a median of about $20,000. Unsolicited requests are not addressed for the Federation overall; its separate Jewish Women’s Foundation accepts letters of intent, with proposals by invitation only.
Assets
$1.1B
Grants
896
Total Given
$166.6M
More Funders in Illinois
David B and Pamela M Waud Foundation down — hundreds of funders to go?