The David B Waters Charitable Foundation
The David B Waters Charitable Foundation is a private foundation, based in Tulsa, OK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.4M in total assets. In 2025, it awarded 4 grants totaling $610K. Net investment income was $617K.
The David B Waters Charitable Foundation at a glance
In short: The David B Waters Charitable Foundation gave $610K across 4 grants in 2025 (avg $153K), top state Oklahoma. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $610,350
- +0.5% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $152,588
- +0.5% vs 2024
- Median grant
- $175,575
- Total assets
- $8,427,223
- +0.0% vs 2024
- Primary geography
- Oklahoma (34% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The David B Waters Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was The Nature Conservancy ($200K). Together the top 4 received $610K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was in the $100–250K range: 18 grants of 27 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The David B Waters Charitable Foundation gives
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2019 to 2025, annual grant giving ranged from $600K (2019) to $774K (2023). In 2025 it made 4 grants totaling $610K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Nature Conservancy Arlington, VA | Conservation in the State of Oklahoma | $200,000 |
| University of Michigan School of Medicine Ann Arbor, MI | Support of the University of Michigan Medical School | $200,000 |
| Tulsa Symphony Orchestra Tulsa, OK | Support Tulsa Symphony Orchestra | $151,150 |
| University of Tulsa Tulsa, OK | Support the University of Tulsa TSO/Tu Collaboration | $59,200 |
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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 | $8,427,223 | $702,595 | $705,217 | $610,350 | 4 | $610,350 | $616,768 | $679,409 |
| 2024 | $8,425,229 | $524,436 | $684,278 | $607,553 | 4 | $607,553 | $440,521 | $636,784 |
| 2023 | $8,586,795 | $292,883 | $846,239 | $773,703 | 6 | $773,703 | $226,096 | $567,414 |
| 2022 | $9,143,519 | $478,568 | $706,502 | $623,703 | 7 | $623,703 | $407,767 | $584,796 |
| 2021 | $9,367,696 | $611,139 | $687,415 | $605,000 | 6 | $605,000 | $528,879 | $659,230 |
| 2020 | $9,452,694 | $189,743 | $670,778 | $600,000 | 3 | — | $171,094 | $558,350 |
| 2019 | $9,934,168 | $321,748 | $670,428 | $600,000 | 3 | — | $254,335 | $542,653 |
Under IRS private-foundation payout rules, The David B Waters Charitable Foundation reported a distributable amount of $679K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The David B Waters Charitable Foundation's only listed officer is The Trust Company Of Oklahoma, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
The Trust Company Of Oklahoma
Trustee
On filings since 2019
1 hr/week
$62K (2019) → $81K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $81K, to The Trust Company of Oklahoma (Trustee).
Frequently asked questions about The David B Waters Charitable Foundation
How much does The David B Waters Charitable Foundation give each year?
The David B Waters Charitable Foundation gave $610K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $608K across 4 grants.
What is The David B Waters Charitable Foundation's typical grant size?
The David B Waters Charitable Foundation's median grant in 2025 was $175,575, and its average grant was $152,588, across 4 grants on its 2025 IRS Form 990-PF.
Where does The David B Waters Charitable Foundation give grants?
The David B Waters Charitable Foundation's top state is Oklahoma, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (33%) and Michigan (33%). The most frequent recipient cities were Tulsa, OK (2 grants).
Does The David B Waters Charitable Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on The David B Waters Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is The David B Waters Charitable Foundation?
The David B Waters Charitable Foundation reported $8.4M in total assets on its 2025 IRS Form 990-PF. It paid out $610K in qualifying distributions that year, against a required minimum of $679K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The David B Waters Charitable Foundation's EIN?
The David B Waters Charitable Foundation's EIN (Employer Identification Number) is 81-6856059. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The David B Waters Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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