The Waters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $10.9M in total assets. In 2023, it awarded 1 grants totaling $673K. Net investment income was $990K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$10.9M
+3.0% YoY
Annual Giving
$673K
-1.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$673K
-1.8% YoY
Under IRS private-foundation payout rules, The Waters Foundation Inc reported a distributable amount of $665K for 2023 — the minimum it must pay out in qualifying distributions.
About The Waters Foundation Inc
Based on IRS filings
The Waters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $10.9M in total assets. In 2023, it awarded 1 grants totaling $673K. Net investment income was $990K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $10,889,254 | $10,570,826 | $10,774,000 |
| Revenue | $1,036,016 | $751,585 | $385,004 |
| Expenses | $717,587 | $719,584 | $534,519 |
| Qualifying Distributions | $672,640 | $685,204 | $500,000 |
| Net Investment Income | $990,263 | $182,823 | $231,934 |
| Distributable Amount | $664,670 | $695,515 | $721,535 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include The Savannah Community Foundation ($672,640).
| Recipient | Purpose | Amount |
|---|---|---|
| THE SAVANNAH COMMUNITY FOUNDATION SAVANNAH, GA | SUPPORT CHARITABLE PURPSOSE | $672,640 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DON L WATERS | CHAIRMAN | — | — |
| CYNTHIA D WATERS | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Waters Foundation Inc?
The Waters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. It holds $10.9M in total assets as of 2023.
How large is The Waters Foundation Inc?
As of 2023, The Waters Foundation Inc holds $10.9M in total assets with $1.0M in annual revenue. It awarded 1 grants totaling $673K in 2023.
Where does The Waters Foundation Inc operate?
The Waters Foundation Inc has awarded grants in Georgia.
What size grants does The Waters Foundation Inc award?
In 2023, The Waters Foundation Inc awarded 1 grants totaling $673K — an average of about $673K per grant, based on its IRS Form 990 filings.
How much is The Waters Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Waters Foundation Inc reported a distributable amount of $665K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Waters Foundation Inc's EIN?
The Waters Foundation Inc's EIN (Employer Identification Number) is 20-5212596. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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