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.
David B and Pamela M Waud Foundation at a glance
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.
- Annual giving (2025)
- $898,027
- +28.7% vs 2024
- Grants made (2025)
- 15
- +25.0% vs 2024
- Average grant
- $59,868
- +3.0% vs 2024
- Median grant
- $43,950
- Total assets
- $3,267,977
- -7.2% vs 2024
- Primary geography
- Illinois (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to David B and Pamela M Waud Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 333 W Wacker Dr Ste 2500, Chicago, IL 60606
Phone: (312) 676-0300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who David B and Pamela M Waud Foundation funds
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%).
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
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.
Giving History
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.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,267,977 | $1,258,631 | $902,389 | $898,027 | 15 | $898,042 | $49,688 | $168,113 |
| 2024 | $3,520,587 | $711,293 | $701,984 | $697,641 | 12 | $697,656 | $44,788 | $175,767 |
| 2023 | $1,363,671 | $1,028,760 | $628,515 | $625,688 | 5 | $625,714 | $47,748 | $156,278 |
| 2022 | $963,426 | $240,462 | $395,441 | $392,526 | 5 | $392,552 | $38,604 | $158,464 |
| 2021 | $1,118,405 | $40,966 | $14,685 | $10,000 | 1 | $10,026 | $36,307 | $156,992 |
| 2020 | $1,092,124 | $208,504 | $170,897 | $168,113 | 5 | — | $106,025 | $114,440 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
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.
Notable 2025 grants included $126,457 and $91,452 to Church of the Holy Spirit in Lake Forest, Illinois; $95,872 and $91,452 to St Leonard’s Ministries in Chicago; $51,142 to Lake Forest Open Lands; $34,867 to Orphan of the Storm in Riverwoods, Illinois; and $33,338 to The Nature Conservancy in Arlington, Virginia. Other reported awards included $25,000 to Bernie’s Book Bank in Lake Bluff, Illinois, and $32,295 to The Nature Conservancy.
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.
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
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)
Live grants for the work David B and Pamela M Waud Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). David B and Pamela M Waud Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/david-b-and-pamela-m-waud-foundation-morg_fa607d7f70124f4c9d8ae310dd9b6755
BibTeX
@misc{grantable_263875836_2026,
author = {{Grantable}},
title = {{David B and Pamela M Waud Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/david-b-and-pamela-m-waud-foundation-morg_fa607d7f70124f4c9d8ae310dd9b6755},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from David B and Pamela M Waud Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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