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Nonprofit · EIN 35-1872984

WATERFIELD FOUNDATION INC

Tax-exempt · FORT WAYNE, IN 46804

Financials

$801K$443K2023$262K$465K2024
Revenue Expenses · by fiscal year end
Financials of WATERFIELD FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$262,145$465,111-$202,966$1,312,543$0$1,312,543
December 31, 2023990-PF$800,753$442,856$357,897$1,553,617$0$1,553,617
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,754
Dividends
$44,868
Net gain from sales of assets
$166,471
Other income
$52

Expenses

Grants and similar amounts paid
$398,297
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$407,302
Excise tax on investment income
$2,164

Balance sheet and other

Total assets, start of year
$1,553,617
Total assets, end of year
$1,312,543
Total liabilities, end of year
$0
Net assets, end of year
$1,312,543
Fair market value of assets
$1,758,645
Qualifying distributions
$407,302
Net investment income
$211,391

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REBECCA TEAGARDEN
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
EXECUTIVE DIRECTOR5$23,900$4,780
FRANCES W LEMAY
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
VICE PRESIDENT/DIRECTOR1$0$0
HOWARD L CHAPMAN
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
PRESIDENT/SECRETARY/DIRECTOR2$0$0
RICHARD D WATERFIELD
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
CHAIR/TREASURER/DIRECTOR5$0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
REBECCA TEAGARDEN
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
EXECUTIVE DIRECTOR5$26,500$5,200
FRANCES W LEMAY
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
VICE PRESIDENT/DIRECTOR1$0$0
HOWARD L CHAPMAN
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
PRESIDENT/SECRETARY/DIRECTOR2$0$0
RICHARD D WATERFIELD
7221 ENGLE ROAD SUITE 250, FORT WAYNE, IN 46804
CHAIR/TREASURER/DIRECTOR5$0$0

Address and contacts

Address (IRS master file)
7221 ENGLE RD STE 250, FORT WAYNE, IN 46804-2237
Signed the 990-PF
RICHARD D WATERFIELD, CHAIR/TREASURER
Phone
(260) 434-8512
Return prepared by
CROWE LLP

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-1872984
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,197,852
Income (IRS master file)
$830,600

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$262,145$465,111$1,312,543IRS
990-PFDecember 2023$800,753$442,856$1,553,617XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 35-1872984).

Questions about WATERFIELD FOUNDATION INC

What is the EIN of WATERFIELD FOUNDATION INC?
The employer identification number (EIN) of WATERFIELD FOUNDATION INC is 35-1872984.
Is WATERFIELD FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to WATERFIELD FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WATERFIELD FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WATERFIELD 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 WATERFIELD FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of WATERFIELD FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $23,900 (REBECCA TEAGARDEN, EXECUTIVE DIRECTOR).
How much revenue does WATERFIELD FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $262,145, expenses of $465,111 and total assets of $1,312,543 at year end.

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