The Waugh Family Foundation

Foundation · Grantmaker New York, NY EIN: 42-1687485

The Waugh Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $246K in total assets. In 2025, it awarded 4 grants totaling $76K. Net investment income was $90K.

Key facts about The Waugh Family Foundation

In short: The Waugh Family Foundation gave $76K across 4 grants in 2025 (avg $19K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
42-1687485
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$76,490
Grants made (2025)
4
Average grant
$19,123
Median grant
$13,500
Total assets
$245,704
Primary geography
Massachusetts (63% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$246K

+12.1% YoY

Annual Giving

$76K

+155.0% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$19K

+218.7% YoY

Under IRS private-foundation payout rules, The Waugh Family Foundation reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

How The Waugh Family Foundation gives

  • Giving fell 71% from 2022 to 2025. Method
  • In 2025 it paid out 538% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 4 itemized 2025 grant dollars.

Cities

New YorkJupiterWinstonsalemBayfieldBrooklynDaytona BeachFriscoLawrencevilleLiberty CornerLouisvilleMontereyPalm Beach GardensSouth Hampton

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K6 grants20201 grants20213 grants20220 grants20235 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Governor Dummer Academy: $48KGovernor Dummer Academy$48KWake Forest University: $25KWake Forest University$25KChelsea Piers Foundation: $2KChelsea Piers Foundation$2KThe Trustees of Lawrenceville School: $1KThe Trustees of LawrencevilleSchool$1K

Grant Size Distribution

13 grants across all recorded years

11<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GOVERNOR DUMMER ACADEMY Bayfield, MAUNRESTRICTED$48,490
WAKE FOREST UNIVERSITY Winstonsalem, NCUNRESTRICTED$25,000
CHELSEA PIERS FOUNDATION New York, NYUNRESTRICTED$2,000
THE TRUSTEES OF LAWRENCEVILLE SCHOOL Lawrenceville, NJUNRESTRICTED$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K202020212022202320242025
Metric202520242023
Total Assets$245,704$219,221$221,840
Revenue$92,179$29,613$4,273
Expenses$78,617$32,232$1,990
Qualifying Distributions$76,490$30,000—
Net Investment Income$90,169$27,381$4,662
Distributable Amount$14,211$15,797$15,780

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Waugh Family Foundation is led by Seth H. Waugh, President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Seth H. Waugh

    President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Waugh Family Foundation

How much does The Waugh Family Foundation give each year?

The Waugh Family Foundation gave $76K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 5 grants.

What is The Waugh Family Foundation's typical grant size?

The Waugh Family Foundation's median grant in 2025 was $13,500, and its average grant was $19,123, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Waugh Family Foundation give grants?

The Waugh Family Foundation gives mostly in Massachusetts: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (33%).

Does The Waugh Family Foundation give general operating support?

Yes: 100% of The Waugh Family Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Waugh Family Foundation?

The Waugh Family Foundation reported $246K in total assets on its 2025 IRS Form 990-PF. It paid out $76K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What is The Waugh Family Foundation?

The Waugh Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $246K in total assets as of 2025.

What is The Waugh Family Foundation's EIN?

The Waugh Family Foundation's EIN (Employer Identification Number) is 42-1687485. IRS Form 990 filing data is available on this page for 2020–2025.

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

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