David B and Pamela M Waud Foundation

Foundation · Grantmaker CHICAGO, IL EIN: 26-3875836

David B and Pamela M Waud Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 12 grants totaling $698K. Net investment income was $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

+158.2% YoY

Annual Giving

$698K

+11.5% YoY

Grant Count

12

+140.0% YoY

Avg Grant Size

$58K

-53.5% YoY

Under IRS private-foundation payout rules, David B and Pamela M Waud Foundation reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.

About David B and Pamela M Waud Foundation

Based on IRS filings

David B and Pamela M Waud Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 12 grants totaling $698K. Net investment income was $45K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ArlingtonChicagoLake BluffLake ForestMiamiPrincetonVeniceWaukegan

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$283K$566K$849K$1M20202021202220232024
Metric202420232022
Total Assets$3,520,587$1,363,671$963,426
Revenue$711,293$1,028,760$240,462
Expenses$701,984$628,515$395,441
Qualifying Distributions$697,656$625,714$392,552
Net Investment Income$44,788$47,748$38,604
Distributable Amount$175,767$156,278$158,464

Giving Over Time

Total grant dollars and number of grants per year

$0$174K$349K$523K$698K5 grants20201 grants20215 grants20225 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHURCH OF THE HOLY SPIRIT$140KST LEONARD'S MINISTRIES$122KCHURCH OF THE HOLY SPIRIT$78KST LEONARD'S MINISTRIES$78KLAKE FOREST OPEN LANDS$53KST LEONARD'S MINISTRIES$50KCHURCH OF THE HOLY SPIRIT$47KTHE NATURE CONSERVANCY$41KBERNIES BOOK BANK$25KPRINCETON UNIVERSITY$25K

Grant Size Distribution

28 grants across all recorded years

15<$50K8$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Church of the Holy Spirit ($140,199), St Leonard's Ministries ($121,772), Church of the Holy Spirit ($77,502).

RecipientPurposeAmount
BERNIES BOOK BANK LAKE BLUFF, ILGENERAL OPERATING FUND$25,426
CHURCH OF THE HOLY SPIRIT LAKE FOREST, ILGENERAL OPERATING FUND$77,502
PARKINSON'S FOUNDATION MIAMI, FLGENERAL OPERATING FUND$17,000
ST LEONARD'S MINISTRIES CHICAGO, ILGENERAL OPERATING FUND$77,502
ST LEONARD'S MINISTRIES CHICAGO, ILGENERAL OPERATING FUND$49,535
THE NATURE CONSERVANCY ARLINGTON, VAGENERAL OPERATING FUND$22,889
PRINCETON UNIVERSITY PRINCETON, NJGENERAL OPERATING FUND$25,000
CHURCH OF THE HOLY SPIRIT LAKE FOREST, ILGENERAL OPERATING FUND$46,636
THE NATURE CONSERVANCY ARLINGTON, VAGENERAL OPERATING FUND$41,429
ST LEONARD'S MINISTRIES CHICAGO, ILGENERAL OPERATING FUND$121,772

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID B WAUDCHAIRMAN TREAS DIRECTOR1
PAMELA M WAUDPRESIDENT SECRETARY DIRECT1
DANA E WAUDDIRECTOR1
TUCKER L WAUDDIRECTOR1
HALEY A WAUDDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David B and Pamela M Waud Foundation?

David B and Pamela M Waud Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $3.5M in total assets as of 2024.

How large is David B and Pamela M Waud Foundation?

As of 2024, David B and Pamela M Waud Foundation holds $3.5M in total assets with $711K in annual revenue. It awarded 12 grants totaling $698K in 2024.

Where does David B and Pamela M Waud Foundation operate?

David B and Pamela M Waud Foundation has awarded grants in California, Florida, Illinois, New Jersey, Virginia.

What size grants does David B and Pamela M Waud Foundation award?

In 2024, David B and Pamela M Waud Foundation awarded 12 grants totaling $698K — an average of about $58K per grant, based on its IRS Form 990 filings.

How much is David B and Pamela M Waud Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David B and Pamela M Waud Foundation reported a distributable amount of $176K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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