Waddell Family Foundation

CINCINNATI, OH EIN: 31-1534712

Waddell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 20 grants totaling $184K. Net investment income was $43K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

-1.1% YoY

Annual Giving

$184K

-13.0% YoY

Grant Count

20

+5.3% YoY

Avg Grant Size

$9K

-17.3% YoY

Under IRS private-foundation payout rules, Waddell Family Foundation reported a distributable amount of $237K for 2024 — the minimum it must pay out in qualifying distributions.

About Waddell Family Foundation

Based on IRS filings

Waddell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 20 grants totaling $184K. Net investment income was $43K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArdmoreBataviaBrooklynChicagoCincinnatiFairfieldFlorenceGeorgetownKeenesburgNew PaltzNew YorkNitroShaker HeightsTipp CityWashingtonWest Chester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$487K$975K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,640,306$3,679,073$2,152,258
Revenue$206,592$1,771,948$176,042
Expenses$245,359$245,119$256,819
Qualifying Distributions$189,480$216,265$227,449
Net Investment Income$43,293$1,743,094$146,766
Distributable Amount$236,524$188,071$216,478

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$111K$167K$223K12 grants202017 grants202123 grants202219 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GUARDIAN ANGELS CHURCH$30KCANCER FAMILY CARE$28KMY WHY CINCINNATI$20KNATIONAL MUSEUM OF WOMEN…$15KMAY WE HELP$11KCINCINNATI CHILDRENS HOS…$10KMUSCULAR DYSTROPHY$10KST XAVIER HIGH SCHOOL$10KUNIVERSITY OF CINCINNATI…$10KMCNICHOLAS HIGH SCHOOL$8K

Grant Size Distribution

91 grants across all recorded years

88<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Guardian Angels Church ($30,000), Cancer Family Care ($27,500), My Why Cincinnati ($20,000).

RecipientPurposeAmount
ALZHEIMERS ASSOCIATION CHICAGO, ILGENERAL OPERATING$2,000
AMERICAN RED CROSS WASHINGTON, DCGENERAL OPERATING$1,000
BROOKLYN MUSEUM BROOKLYN, NYGENERAL OPERATING$5,000
CANCER FAMILY CARE CINCINNATI, OHGENERAL OPERATING$27,500
CAROLEE SCHNEEMANN FOUNDATION NEW PALTZ, NYGENERAL OPERATING$5,000
CINCINNATI CHILDRENS HOSPITAL MED CINCINNATI, OHGENERAL OPERATING$10,000
FAMILY NUTURING CENTER FLORENCE, KYGENERAL OPERATING$1,000
FERNSIDE CENTER CINCINNATI, OHGENERAL OPERATING$3,000
FREESTORE FOODBANK CINCINNATI, OHGENERAL OPERATING$3,318
GUARDIAN ANGELS CHURCH CINCINNATI, OHGENERAL OPERATING$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEFFREY WADDELLOFFICER
MICHELLE WADDELLOFFICER
GREGORY WADDELLOFFICER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Waddell Family Foundation?

Waddell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $3.6M in total assets as of 2024.

How large is Waddell Family Foundation?

As of 2024, Waddell Family Foundation holds $3.6M in total assets with $207K in annual revenue. It awarded 20 grants totaling $184K in 2024.

Where does Waddell Family Foundation operate?

Waddell Family Foundation has awarded grants in Colorado, District of Columbia, Illinois, Kentucky, New York, Ohio, Pennsylvania, West Virginia.

What size grants does Waddell Family Foundation award?

In 2024, Waddell Family Foundation awarded 20 grants totaling $184K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Waddell Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Waddell Family Foundation reported a distributable amount of $237K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Waddell Family Foundation's EIN?

Waddell Family Foundation's EIN (Employer Identification Number) is 31-1534712. IRS Form 990 filing data is available on this page for 2020–2024.

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

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