The Waters Charitable Remainder Unitrust
The Waters Charitable Remainder Unitrust is a private foundation based in Manhattan Beach, California. Its stated activity is making charitable contributions from its assets.
The Waters Charitable Remainder Unitrust at a glance
In short: The Waters Charitable Remainder Unitrust gave $118K across 25 grants in 2025 (avg $5K), mostly in California. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $117,500
- +15.8% vs 2024
- Grants made (2025)
- 25
- -7.4% vs 2024
- Average grant
- $4,700
- +25.0% vs 2024
- Median grant
- $2,000
- Total assets
- $1,701,217
- -3.0% vs 2024
- New grantees (estimate)
- 28% first-time grantees (7 of 25, 2025)
- Primary geography
- California (64% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Waters Charitable Remainder Unitrust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 318 South Dianthus St, Manhattan Beach, CA 90266-6727
Phone: (310) 918-8585
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Waters Charitable Remainder Unitrust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Manhattan Beach Rotary Foundation ($28K). Together the top 10 received $95K.
Grant Size Distribution
129 grants across all recorded years
The most common grant size was under $50K: 129 grants of 129 (100%).
Geographic Focus
Where this funder awards grants
In 2025, California received 64% of grant dollars, Wyoming and Iowa each received 9%, Florida received 4%, and Texas received 3%. Grants also went to organizations in other states, including Massachusetts, Tennessee, New York, Oregon, and Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
Is The Waters Charitable Remainder Unitrust open to new grantees?
28%
first-time grantees, 2025
In 2025, 7 of 25 grantees (28%) were first-time recipients. First grants averaged $3K; repeat grants $5K. How we count
Medians: $3K first-time, $2K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $102K (2024) to $130K (2019). In 2025 it made 25 grants totaling $118K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Manhattan Beach Rotary Foundation Manhattan Beach, CA | Charitable | $27,500 |
| Wings of Rescue La Quinta, CA | Charitable | $25,000 |
| Dog Is My Copilot Jackson, WY | Charitablecharitable | $10,000 |
| Pancreatic Cancer Action Network Boone, IA | Charitable | $10,000 |
| University of Southern Florida (Davide) Tampa, FL | Charitable | $5,000 |
| Ywam San Francisco San Francisco, CA | Charitable | $5,000 |
| Corridor Rescue Inc Spring, TX | Charitable | $4,000 |
| El Camino College Foundation Torrance, CA | Charitable | $3,000 |
| Tour De Pier Los Angeles, CA | Charitable | $3,000 |
| Archeological Institue of America Auburndale, MA | Charitable | $2,500 |
Ready to take the next step with The Waters Charitable Remainder Unitrust?
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 | $1,701,217 | $127,200 | $179,497 | $117,500 | 25 | $147,486 | $97,214 | $157,438 |
| 2024 | $1,754,702 | $113,979 | $156,303 | $101,500 | 27 | $128,855 | $86,556 | $144,679 |
| 2023 | $1,797,026 | $33,282 | $162,564 | $108,250 | 26 | $134,909 | $22,120 | $129,623 |
| 2022 | $1,926,308 | $83,437 | $163,605 | $105,500 | 26 | $134,267 | $56,025 | $133,881 |
| 2021 | $2,006,476 | $80,898 | $163,865 | $110,700 | 25 | $136,900 | $54,698 | $134,183 |
| 2020 | $2,089,443 | $97,869 | $182,824 | $125,500 | 28 | — | $69,117 | $136,922 |
| 2019 | $2,174,398 | $148,596 | $182,838 | $129,750 | 43 | — | $123,506 | $155,403 |
Under IRS private-foundation payout rules, The Waters Charitable Remainder Unitrust reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that its only activity is making charitable contributions from its assets. Its 2025 grantees included animal-rescue organizations: Wings of Rescue describes its mission as transporting at-risk shelter pets to shelters with available kennel space, while Dog Is My Copilot describes its mission as transporting animals from overcrowded shelters to adoption centers.
Other grantees describe work in health, human services, and the environment. The Pancreatic Cancer Action Network says it advances research, builds community, shares knowledge, and advocates for patients. Connecticut Foodshare says it works to address hunger by mobilizing community partners, volunteers, and supporters. The Captain Paul Watson Foundation describes its mission as defending sea life and preventing illegal operations across the ocean.
Grantmaking
In 2025, the foundation reported 25 grants totaling $117,500. Grants ranged from $500 to $27,500, with a median of $2,000. Among the largest were $27,500 to Manhattan Beach Rotary Foundation and $25,000 to Wings of Rescue. Other notable grants included $10,000 each to Dog Is My Copilot and the Pancreatic Cancer Action Network, and $5,000 to the University of Southern Florida (Davide) and YWAM San Francisco.
Leadership & Key People
Leadership team and compensation from IRS filings
Harris D Bass is listed as trustee on the 2025 filing.
The Waters Charitable Remainder Unitrust is led by Harris D. Bass, Trustee on every filing since 2019 — the only officer listed, and compensated.
Officers on the 2025 filing
Harris D. Bass
Trustee
On filings since 2019
6.3 hrs/week
$45K (2019) → $55K (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 $55K, to Harris D Bass (Trustee).
Frequently asked questions about The Waters Charitable Remainder Unitrust
How much does The Waters Charitable Remainder Unitrust give each year?
The Waters Charitable Remainder Unitrust gave $118K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $102K across 27 grants.
What is The Waters Charitable Remainder Unitrust's typical grant size?
The Waters Charitable Remainder Unitrust's median grant in 2025 was $2,000, and its average grant was $4,700, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Waters Charitable Remainder Unitrust that year got $3K on average.
Where does The Waters Charitable Remainder Unitrust give grants?
The Waters Charitable Remainder Unitrust gives mostly in California: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Wyoming (9%) and Iowa (9%). The most frequent recipient cities were Manhattan Beach, CA (2 grants) and Los Angeles, CA (2 grants).
Does The Waters Charitable Remainder Unitrust give general operating support?
Not in 2025: none of the 25 grants with a stated purpose on The Waters Charitable Remainder Unitrust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (24 grants).
Who are The Waters Charitable Remainder Unitrust's largest grantees?
The Waters Charitable Remainder Unitrust's largest 2025 grantees include Manhattan Beach Rotary Foundation ($27,500), Wings of Rescue ($25,000) and Dog Is My Copilot ($10,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is The Waters Charitable Remainder Unitrust?
The Waters Charitable Remainder Unitrust reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $147K in qualifying distributions that year, against a required minimum of $157K (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 does The Waters Charitable Remainder Unitrust fund?
The foundation states that its only activity is making charitable contributions from its assets. See mission & focus areas ↑
How do I apply for a grant from The Waters Charitable Remainder Unitrust?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Waters Charitable Remainder Unitrust's EIN?
The Waters Charitable Remainder Unitrust's EIN (Employer Identification Number) is 26-0631392. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Waters Charitable Remainder Unitrust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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 July 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Waters Charitable Remainder Unitrust funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-waters-charitable-remainder-unitrust-morg_f3ced99a7caf4c7fb590392326e5bd0c
BibTeX
@misc{grantable_260631392_2026,
author = {{Grantable}},
title = {{The Waters Charitable Remainder Unitrust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-waters-charitable-remainder-unitrust-morg_f3ced99a7caf4c7fb590392326e5bd0c},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Waters Charitable Remainder Unitrust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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