George & Elizabeth Waters Trust

PITTSBURGH, PA EIN: 23-7007737

George & Elizabeth Waters Trust is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $56K. Net investment income was $50K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-0.8% YoY

Annual Giving

$56K

-4.2% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$9K

-4.2% YoY

Under IRS private-foundation payout rules, George & Elizabeth Waters Trust reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About George & Elizabeth Waters Trust

Based on IRS filings

George & Elizabeth Waters Trust is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $56K. Net investment income was $50K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

MckeesportPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$36K$71K$107K$142K20202021202220232024
Metric202420232022
Total Assets$1,268,526$1,279,003$1,324,729
Revenue$67,558$31,308$2,546
Expenses$77,901$77,818$90,157
Qualifying Distributions$60,507$68,187$77,146
Net Investment Income$50,301$23,299$19,958
Distributable Amount$72,152$65,705$68,771

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$50K$67K6 grants20206 grants20216 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

BOYS & GIRLS CLUB OF WES…$19KCARNEGIE LIBRARY OF MCKE…$9KUPMC MC KEESPORT HOSPITAL$8KMCKEESPORT PRESBYTERIAN …$8KYMCA OF GREATER PITTSBURGH$7KCENTER FOR VICTIMS$5K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Club of Western Pa ($18,787), Carnegie Library of Mckeesport ($9,403), Upmc Mc Keesport Hospital ($8,053).

RecipientPurposeAmount
CARNEGIE LIBRARY OF MCKEESPORT MCKEESPORT, PAGENERAL SUPPORT$9,403
UPMC MC KEESPORT HOSPITAL PITTSBURGH, PAGENERAL SUPPORT$8,053
YMCA OF GREATER PITTSBURGH PITTSBURGH, PAGENERAL SUPPORT$7,382
BOYS & GIRLS CLUB OF WESTERN PA PITTSBURGH, PAGENERAL SUPPORT$18,787
CENTER FOR VICTIMS MCKEESPORT, PAGENERAL SUPPORT$4,697
MCKEESPORT PRESBYTERIAN CHURCH MCKEESPORT, PAGENERAL SUPPORT$8,053

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PNC BANK N ATRUSTEE$21K

From 2024 filing

NameTitleHoursCompensation
PNC BANK N ATRUSTEE5$20,662

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is George & Elizabeth Waters Trust?

George & Elizabeth Waters Trust is a private foundation focused on Education, based in PITTSBURGH, PA. It holds $1.3M in total assets as of 2024.

How large is George & Elizabeth Waters Trust?

As of 2024, George & Elizabeth Waters Trust holds $1.3M in total assets with $68K in annual revenue. It awarded 6 grants totaling $56K in 2024.

Where does George & Elizabeth Waters Trust operate?

George & Elizabeth Waters Trust has awarded grants in Pennsylvania.

What size grants does George & Elizabeth Waters Trust award?

In 2024, George & Elizabeth Waters Trust awarded 6 grants totaling $56K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is George & Elizabeth Waters Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George & Elizabeth Waters Trust reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George & Elizabeth Waters Trust's EIN?

George & Elizabeth Waters Trust's EIN (Employer Identification Number) is 23-7007737. 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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