The Thomas P Waters Foundation is a private foundation based in Riverton, New Jersey, established in 1996. As a 501(c)(3) organization, it operates as an independent grantmaking foundation with no employees and focuses on supporting charitable causes through direct grants to nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
-1.7% YoY
Annual Giving
$278K
+2.9% YoY
Grant Count
50
-7.4% YoY
Avg Grant Size
$6K
+11.1% YoY
Under IRS private-foundation payout rules, The Thomas P Waters Foundation reported a distributable amount of $253K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for:
- Education
- Christian organizations and ministries
- Environmental protection and conservation
- Children and youth services
- Women's services
- Social services
- Youth stress reduction and trauma education
The foundation has supported specific programs including the Pathways Program, Legacy of Hope Center, Wheel to Survive, and the Trash Trout program.
Grantmaking
Notable past grantees include Whispering Hope Ranch Foundation.
Ready to take the next step with The Thomas P Waters Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends primarily to Colorado, Texas, and North Carolina, though it also supports organizations in other states including Arizona.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending August 2024:
- Total assets: $4,354,457
- Total revenues: $258,461
- Total expenses: $332,691
- Investment income and dividends: $121,073
Financial Trend: Investment income increased 10.1% from the prior fiscal year (FYE August 2023: $109,939).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,354,457 | $4,428,687 | $4,412,337 |
| Revenue | $258,461 | $360,911 | $466,656 |
| Expenses | $332,691 | $344,561 | $378,672 |
| Qualifying Distributions | $301,056 | $305,827 | $331,389 |
| Net Investment Income | $230,044 | $329,380 | $426,397 |
| Distributable Amount | $253,483 | $239,050 | $271,416 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
249 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Combat Hero Bike Build Inc ($15,000), Realness Project ($11,200), Foothills Caring Corps Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HANDS AND HEARTS - SMART RESPONSE MATTAPOISETT, MA | GENERAL | $3,000 |
| APPALACHIAN SUSTAINABLE AGRICULTURE PROJECT ASHEVILLE, NC | TO SUPPORT THE GROWING MINDS PROGRAM | $6,500 |
| ASHEVILLE GREENWORKS ASHEVILLE, NC | TRASH TROUT PROGRAM | $5,000 |
| ATLANTA CENTER FOR SELF SUFFICIENCY ATLANTA, GA | TO SUPPORT CAFE 458 | $8,000 |
| BEYOND THE BRICKS INC CRESSON, TX | SCHOOL FOR THE DEAF | $3,500 |
| BLACK MOUNTAIN HOME FOR CHILDREN YOUTH & FAMILIES BLACK MOUNTAIN, NC | TO SUPPORT EVERYDAY FUND($3,000),EARTH CLUB($2,500) MOUNTAIN BIKE CLUB($2,500) | $8,000 |
| BOULDER VALLEY WOMEN'S HEALTH CENTER INC BOULDER, CO | GENERAL | $3,000 |
| CHILDREN'S HEALTHCARE OF ATLANTA ATLANTA, GA | LAURA SNITZER BOOZER FUND - PEDIATRIC ONCOLOGY NURSING SCHOLARSHIP | $5,000 |
| CONSCIOUS ALLIANCE BOULDER, CO | ASHEVILLE CHAPTER - PROGRAMS THAT FEED THE HUNGRY | $6,000 |
| CROSS CHURCH INC SPRINGDALE, AR | TO SUPPORT THE BLESSING BASKETS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEVIN WATERS-BURBACH | TRUSTEE | 1 | — |
| DR T PATRICK WATERS III | TRUSTEE | 1 | — |
| CHRISTINA G ALT | TRUSTEE | 0.5 | — |
| DAMON C WATERS | TRUSTEE | 1 | — |
| BRENDEN WATERS | TRUSTEE | 1 | — |
Contact Information
- Location: 605 Main Street, Suite 212, Riverton, NJ 08077
- Telephone: 856-733-6608
- EIN: 23-7836361
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Thomas P Waters Foundation fund?
The foundation gives primarily for: • Education • Christian organizations and ministries • Environmental protection and conservation • Children and youth services • Women's services • Social services • Youth stress reduction and trauma education The foundation has supported specific programs including the Pathways Program, Legacy of Hope Center, Wheel to Survive, and the Trash Trout program.
How do I apply for a grant from The Thomas P Waters Foundation?
**Grant Activity:** • Made 54 grants in the most recent fiscal year (ending August 2024) • Total giving: $277,750 • Typical grant awards range from $1,000 to $15,000 **Recent Grants (2024):** • Combat Hero Bike Build: $15,000 (Arizona Bike Build) • Realness Project: $11,200 (General Support) • North Texas Patriot Anglers: $10,000 (General) Notable past grantees include Whispering Hope Ranch Foundation.
Where does The Thomas P Waters Foundation make grants?
The foundation's grantmaking extends primarily to Colorado, Texas, and North Carolina, though it also supports organizations in other states including Arizona.
What size grants does The Thomas P Waters Foundation award?
In 2024, The Thomas P Waters Foundation awarded 50 grants totaling $278K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Thomas P Waters Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thomas P Waters Foundation reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thomas P Waters Foundation's EIN?
The Thomas P Waters Foundation's EIN (Employer Identification Number) is 23-7836361. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Thomas P Waters Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Thomas P Waters Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Thomas P Waters Foundation to a real strategy.