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New York · Private foundation

Philip M Waterman Foundation Inc

Its FY2026 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$28k
Granted FY2026(still arriving)
10
Grants FY2026
11
Organizations funded FY2025
18%
First-time grantees FY2025
Read the full brief
Median grant, FY2026
$500
Largest grant, FY2026
$10,180
Organizations funded a year
4 to 17
FY2019 to FY2025
States reached, FY2026
3
Total assets, FY2026
$13k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2025, 18% of the organizations Philip M Waterman Foundation Inc funded were first-time grantees, receiving 2% of its grant dollars.

New vs renewed · share of each year

In FY2025, 98% of grant dollars renewed an existing relationship; $750 went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24’25
EducationArts & CultureRecreation & SportsPhilanthropyCivil RightsHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2026still arriving10$28k20%
FY202511$38k18%
FY202417$37k47%
FY202312$35k33%
FY202213$7k46%
FY202117$46k53%
FY20209$40k33%
FY20194$3k50%
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Recreation & Sports$75kReligion$54kCivil Rights$30kArts & Culture$23kEducation$16kHealth$10kEnvironment$1kFood & Nutrition$1kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2026, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
City Parks Foundation Inc$85,00060%
Congregation Emanu-El of Westchester$39,1254n/a
American Jewish Committee$35,00050%
Northern Westchester Hospital Center Foundation Inc$5,50050%
Metropolitan Museum of Art$4,50030%
The Town School Inc$4,00040%
Dalton Schools Inc$4,00080%
Museum of Modern Art$3,72030%
The Jewish Museum$3,27050%
Riverdale Country School Inc$2,50050%
Show all 30 grantees

What it could do for these grantees

Plus 18 recipients with no EIN on record ($42k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Philip M Waterman Foundation Inc supplied at peak.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCity Parks Foundation Inc: $85,000 over 6y, 0.2% of budgetAmerican Jewish Committee: $35,000 over 5y, 0.0% of budgetNorthern Westchester Hospital Center Foundation Inc: $5,500 over 5y, 0.0% of budgetMetropolitan Museum of Art: $4,500 over 3y, 0.0% of budgetThe Town School Inc: $4,000 over 4y, 0.0% of budgetDalton Schools Inc: $4,000 over 8y, 0.0% of budgetMuseum of Modern Art: $3,720 over 3y, 0.0% of budgetThe Jewish Museum: $3,270 over 5y, 0.0% of budgetRiverdale Country School Inc: $2,500 over 5y, 0.0% of budgetJewish Board of Family & Children's Services Inc: $2,500 over 1y, 0.0% of budgetSt Lukes Chamber Ensemble Inc: $2,500 over 1y, 0.0% of budgetThe Spence School: $2,000 over 4y, 0.0% of budgetThe Rockefeller University: $1,500 over 2y, 0.0% of budgetBedford Hills Fire Department Inc: $1,000 over 5y, 0.2% of budgetAmerican Museum of Natural History: $740 over 5y, 0.0% of budgetFigure Skating in Harlem Inc: $500 over 1y, 0.0% of budgetThe Mount Kisco Interfaith Food Pantry Inc: $500 over 1y, 0.0% of budgetCrohn's & Colitis Foundation Inc: $500 over 1y, 0.0% of budgetSouthampton Rose Society: $500 over 1y, 0.5% of budgetFund for Park Avenue New York Inc: $450 over 3y, 0.0% of budgetThe Frick Collection: $300 over 2y, 0.0% of budget1898 Foundation Inc: $250 over 1y, 0.1% of budgetMarsh Sanctuary Inc: $250 over 1y, 0.2% of budgetSociety of Illustrators Inc: $211 over 2y, 0.0% of budgetWhitney Museum of American Art: $140 over 1y, 0.0% of budgetNew York Botanical Garden: $125 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 26.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Jewish Communal FundNY13.2× affinity5 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jewish Communal Fund · The Chicago Community Trust · Vanguard Charitable Endowment Program · National Philanthropic Trust · Morgan Stanley Global Impact Funding Trust Inc · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · American Online Giving Foundation Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Philip M Waterman Foundation Inc with peer funders

About Philip M Waterman Foundation Inc

How much does Philip M Waterman Foundation Inc give?
Philip M Waterman Foundation Inc reported 10 grants totaling $27,580 in its FY2026 IRS filing. It funded between 4 and 17 organizations a year over FY2019 to FY2025.
What does Philip M Waterman Foundation Inc fund?
By grant dollars over FY2017 to FY2026, its largest causes are Recreation & Sports (35%), Religion (25%), Civil Rights (14%).
Who are Philip M Waterman Foundation Inc's largest grantees?
By total granted over FY2017 to FY2026: City Parks Foundation Inc ($85k), Congregation Emanu-El of Westchester ($39k), American Jewish Committee ($35k).
Does Philip M Waterman Foundation Inc fund new organizations?
In FY2025, 18% of the organizations it funded were first-time grantees.
Does Philip M Waterman Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Philip M Waterman Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Jewish Communal Fund, The Chicago Community Trust, Vanguard Charitable Endowment Program.
Where is Philip M Waterman Foundation Inc based?
Philip M Waterman Foundation Inc is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 48 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2026, released 2026. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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