Waldo Foundation

Private foundation · Grantmaker Durham, NC EIN: 56-1950176

Waldo Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in Durham, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $60K in total assets. In 2025, it awarded 5 grants totaling $7K. Net investment income was $11K.

Key facts about Waldo Foundation

In short: Waldo Foundation gave $7K across 5 grants in 2025 (avg $1K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
56-1950176
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$6,800
Grants made (2025)
5
Average grant
$1,360
Median grant
$1,700
Total assets
$59,983
Primary geography
North Carolina (75% 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

$60K

+5.5% YoY

Annual Giving

$7K

+0.0% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, Waldo Foundation reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.

How Waldo Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+6%). Method
  • In 2025 it paid out 113% 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

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Lake WaccamawLenoirPittsboroApexFairfaxGreensboroAthensCaryWauwatosa

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K6 grants2020 6 grants2021 6 grants2022 5 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $5K (2020) to $7K (2025). In 2025 it made 5 grants totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Chatham County Public Library: $2KChatham County Public Library$2KBoys and Girls Home of NC: $2KBoys and Girls Home of NC$2KActing for Young People: $2KActing for Young People$2KDavenport a School: $850Davenport a School$850Northwest Cary YMCA: $850Northwest Cary YMCA$850

The largest 2025 recipient was Chatham County Public Library ($2K). Together the top 5 received $7K.

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chatham County Public Library Pittsboro, NCYouth Program$1,700
Boys and Girls Home of NC Lake Waccamaw, NCYouth Program$1,700
Acting for Young People Fairfax, VAYouth Program$1,700
Davenport a School Lenoir, NCYouth Program$850
Northwest Cary YMCA Cary, NCYouth Program$850

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$59,983$56,849$53,262
Revenue$10,689$11,160$10,675
Expenses$7,555$7,573$7,184
Qualifying Distributions$7,400$7,425$7,048
Net Investment Income$10,689$11,160$10,675
Distributable Amount$6,560$6,534$5,761

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 November 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 21, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Waldo Foundation is led by David Dodd, President & T on every filing since 2020; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Dodd

    President & T

    On filings since 2020

    No compensation reported

  • Daphne D. Scott

    Director

    On filings since 2020

    No compensation reported

  • Mark Christy

    Director

    On filings since 2020

    No compensation reported

  • Pam Dodd

    Director

    On filings since 2020

    No compensation reported

  • Wallace R. Dodd Jr.

    Director

    On filings since 2020

    No compensation reported

  • Barbara Bertram

    Secretary & D

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Alan Scott (2020–2021) — Director

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 Waldo Foundation

How much does Waldo Foundation give each year?

Waldo Foundation gave $7K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 5 grants.

What is Waldo Foundation's typical grant size?

Waldo Foundation's median grant in 2025 was $1,700, and its average grant was $1,360, across 5 grants on its 2025 IRS Form 990-PF.

Where does Waldo Foundation give grants?

Waldo Foundation gives mostly in North Carolina: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (25%).

Does Waldo Foundation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Waldo Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Youth Program" (5 grants).

Who are Waldo Foundation's largest grantees?

Waldo Foundation's largest 2025 grantees include Chatham County Public Library ($1,700), Boys and Girls Home of NC ($1,700) and Acting for Young People ($1,700), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Waldo Foundation?

Waldo Foundation reported $60K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is Waldo Foundation?

Waldo Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in Durham, NC. It holds $60K in total assets as of 2025.

What is Waldo Foundation's EIN?

Waldo Foundation's EIN (Employer Identification Number) is 56-1950176. 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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