Waymark Foundation
Waymark Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105.8M in total assets. In 2024, it awarded 1 grant totaling $5.5M. Net investment income was $1.2M.
Waymark Foundation at a glance
In short: Waymark Foundation gave $5.5M across 1 grant in 2024 (avg $5.5M), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,500,000
- +450.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $5,500,000
- +450.0% vs 2023
- Median grant
- $5,500,000
- Total assets
- $105,785,688
- -4.2% vs 2023
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Waymark Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was National Christian Foundation ($5.5M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Waymark Foundation gives
- In 2024 it paid out 126% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.0M (2022) to $5.5M (2024). In 2024 it made 1 grant totaling $5.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Christian Foundation Alpharetta, GA | The Waymark Foundation Fund | $5,500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $105,785,688 | $1,932,439 | $6,598,734 | $5,500,000 | 1 | $5,634,593 | $1,230,793 | $4,484,246 |
| 2023 | $110,392,171 | $6,437,079 | $1,849,848 | $1,000,000 | 1 | $1,147,026 | $17,026,628 | $4,427,183 |
| 2022 | $105,792,549 | $745,687 | $1,753,588 | $1,000,000 | 1 | $1,092,746 | $167,223 | $3,957,158 |
| 2021 | $106,800,162 | $242,737 | $849,365 | — | — | $109,908 | — | $3,989,541 |
| 2020 | $107,501,028 | $-647,636 | $931,278 | — | — | — | — | $4,034,734 |
Under IRS private-foundation payout rules, Waymark Foundation reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Waymark Foundation is led by Michael F Royal, Chair & Trustee on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael F Royal
Chair & Trustee
On filings since 2020
2 hrs/week
No compensation reported
Charles D Royal
Secretary, Treasurer & Trustee
On filings since 2020
38 hrs/week
No compensation reported
Susannah R Whelan
Trustee & Vice Chairman
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Waymark Foundation
How much does Waymark Foundation give each year?
Waymark Foundation gave $5.5M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 1 grant.
How large is Waymark Foundation?
Waymark Foundation reported $105.8M in total assets on its 2024 IRS Form 990-PF. It paid out $5.6M in qualifying distributions that year, against a required minimum of $4.5M (roughly 5% of its investment assets).
Where does Waymark Foundation operate?
Waymark Foundation has awarded grants in Georgia.
What is Waymark Foundation's EIN?
Waymark Foundation's EIN (Employer Identification Number) is 47-7150256. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Waymark Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Waymark Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/waymark-foundation-morg_3765d662e4a84cad881a8a632ce9ebb7
BibTeX
@misc{grantable_477150256_2026,
author = {{Grantable}},
title = {{Waymark Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/waymark-foundation-morg_3765d662e4a84cad881a8a632ce9ebb7},
note = {Accessed 2026-10-15. 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 Waymark Foundation'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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