Philip M Waterman Foundation Inc

Foundation · Grantmaker NEW YORK, NY EIN: 13-6059475

Philip M Waterman Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $13K in total assets. In 2025, it awarded 11 grants totaling $38K. Net investment income was $22K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13K

-56.6% YoY

Annual Giving

$38K

+1.6% YoY

Grant Count

11

-35.3% YoY

Avg Grant Size

$3K

+57.1% YoY

Under IRS private-foundation payout rules, Philip M Waterman Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

About Philip M Waterman Foundation Inc

Based on IRS filings

Philip M Waterman Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $13K in total assets. In 2025, it awarded 11 grants totaling $38K. Net investment income was $22K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Bedford HillsBronxKatonahKenilworthMt KiscoNew YorkNyPhiladelphiaPort ChesterPurchaseRyeThe Bronx

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13K$27K$40K$53K20212022202320242025
Metric202520242023
Total Assets$13,023$30,019$48,821
Revenue$22,710$18,764$35,299
Expenses$39,706$37,567$35,422
Qualifying Distributions$38,587$37,076$35,340
Net Investment Income$21,852$18,764$35,299
Distributable Amount$2,015$3,474$4,427

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$46K17 grants202113 grants202212 grants202317 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CITY PARKS FOUNDATION$15KCONGREGATION EMANU-EL OF…$10KAMERICAN JEWISH COMMITTEE$5KMETRO MUSEUM OF ART$3KTHE JEWISH MUSEUM$3KNORTHERN WESTCHESTER HOS…$1KINSTITUTE OF CLASSICAL A…$600RIVERDALE COUNTRY SCHOOL$500THE DALTON SCHOOL$500THE FRICK COLLECTION$150

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include City Parks Foundation ($15,000), Congregation Emanu-el of Westchester ($9,780), American Jewish Committee ($5,000).

RecipientPurposeAmount
AMERICAN JEWISH COMMITTEE PHILADELPHIA, PACHARITABLE PURPOSE$5,000
CITY PARKS FOUNDATION NEW YORK, NYCHARITABLE PURPOSE$15,000
CONGREGATION EMANU-EL OF WESTCHESTER RYE, NYCHARITABLE PURPOSE$9,780
METRO MUSEUM OF ART NEW YORK, NYCHARITABLE PURPOSE$2,500
NORTHERN WESTCHESTER HOSPITAL FOUNDATION MT KISCO, NYCHARITABLE PURPOSE$1,000
RIVERDALE COUNTRY SCHOOL THE BRONX, NYEDUCATIONAL CHARITABLE AND RELIGIOUS$500
SOCIETY OF ILLUSTRATORS NEW YORK, NYCHARITABLE PURPOSE$100
THE DALTON SCHOOL NEW YORK, NYCHARITABLE PURPOSE$500
THE JEWISH MUSEUM NEW YORK, NYCHARITABLE PURPOSE$2,500
THE FRICK COLLECTION NEW YORK, NYCHARITABLE PURPOSE$150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JANE WATERMANPRESIDENT1
PHILIP WATERMANTREASURER1

Frequently Asked Questions

How large is Philip M Waterman Foundation Inc?

As of 2025, Philip M Waterman Foundation Inc holds $13K in total assets with $23K in annual revenue. It awarded 11 grants totaling $38K in 2025.

Where does Philip M Waterman Foundation Inc operate?

Philip M Waterman Foundation Inc has awarded grants in Illinois, New York, Pennsylvania.

What size grants does Philip M Waterman Foundation Inc award?

In 2025, Philip M Waterman Foundation Inc awarded 11 grants totaling $38K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Philip M Waterman Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Philip M Waterman Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Philip M Waterman Foundation Inc's EIN?

Philip M Waterman Foundation Inc's EIN (Employer Identification Number) is 13-6059475. IRS Form 990 filing data is available on this page for 2021–2025.

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

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