Nonprofit · EIN 20-5212596
WATERS FOUNDATION INC
Tax-exempt · SAVANNAH, GA 31401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,557,498 | $1,164,974 | $392,524 | $10,910,677 | $0 | $10,910,677 |
| December 31, 2023 | 990-PF | $1,036,016 | $717,587 | $318,429 | $10,889,254 | $0 | $10,889,254 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $426,262
- Interest
- $61,082
- Net gain from sales of assets
- $1,063,268
- Other income
- $6,886
Expenses
- Grants and similar amounts paid
- $749,218
- Disbursements for charitable purposes
- $749,218
- Excise tax on investment income
- $1,401
Balance sheet and other
- Total assets, start of year
- $10,518,153
- Total assets, end of year
- $10,910,677
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,910,677
- Fair market value of assets
- $17,227,369
- Qualifying distributions
- $749,218
- Net investment income
- $514,168
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON L WATERS 241 DRAYTON STREET, SAVANNAH, GA 31401 | CHAIRMAN | 0 | $0 |
| CYNTHIA D WATERS 241 DRAYTON STREET, SAVANNAH, GA 31401 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON L WATERS 35 ISLAND DRIVE, SAVANNAH, GA 31406 | CHAIRMAN | 0 | $0 |
| CYNTHIA D WATERS 35 ISLAND DRIVE, SAVANNAH, GA 31406 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 241 DRAYTON ST, SAVANNAH, GA 31401-4024
- In care of
- % DON L WATERS
- Signed the 990-PF
- DON L WATERS, CHAIRMAN
- Phone
- (912) 480-4500
- Return prepared by
- MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5212596
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $10,910,677
- Income (IRS master file)
- $3,312,468
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,557,498 | $1,164,974 | $10,910,677 | XML |
| 990-PF | December 2023 | $1,036,016 | $717,587 | $10,889,254 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5212596).
Questions about WATERS FOUNDATION INC
- What is the EIN of WATERS FOUNDATION INC?
- The employer identification number (EIN) of WATERS FOUNDATION INC is 20-5212596.
- Is WATERS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to WATERS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WATERS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WATERS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of WATERS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does WATERS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,557,498, expenses of $1,164,974 and total assets of $10,910,677 at year end.
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