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Philip M Waterman Foundation Inc at a glance

· 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 FY2026still arriving
10
Grants FY2026still arriving
3
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0199% 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
02FY2026 · 10 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2026

  • Under $10k8 grants · $7k
  • $10k–50k2 grants · $20k
$500
Median grant
3
States reached
$13k
Total assets
Largest grants
RecipientAmount
CONGREGATION EMANU-EL OF WESTCHESTER$10,180
CITY PARKS FOUNDATION$10,000
AMERICAN JEWISH COMMITTEE$5,000
THE DALTON SCHOOL$500
HOSTOS COMMUNITY COLLEGE FOUNDATION$500
NORTHERN WESTCHESTER HOSPITAL FOUNDATION$500
RIVERDALE COUNTRY SCHOOL$500
BEDFORD HILLS FIRE DEPT$200
THE FRICK COLLECTION$150
THE GARDEN CONSERVANCY$50
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–20, $3k) land where the poverty rate runs at 17%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%THE JEWISH BOARD: $3k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

90%of every dollar goes to organizations it has funded before.
$220k · 22 repeat orgs$24k to everyone else

22 repeat relationships: 8 still active in FY2026, 14 since wound down; 2 grantees were first funded in FY2026 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

22
24

Total granted

$220k
$23k

Median revenue growth · since first grant

+16%
+21%

Still filing today

73%
46%

New vs renewed · share of each year

In FY2026, 98% of grant dollars renewed an existing relationship; $550 went to new ones.

50%100%’17’18’19’20’21’22’23’24’25’26
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25’26
Arts & CultureEducationRecreation & SportsEnvironmentPhilanthropyHuman 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.

Backed again, and grew

  • CP
    CITY PARKS FOUNDATION INC
    6× · 2020–2026 · $85k · revenue +112%
  • AMERICAN JEWISH COMMITTEE
    5× · 2021–2026 · $35k · revenue +111%
  • MM
    METROPOLITAN MUSEUM OF ART
    3× · 2017–2021 · $5k · revenue +58%

Funded once

  • TE
    TEMPLE EMORY EL STREICKER
    one grant, 2024 · $4k
  • JB
    JEWISH BOARD OF FAMILY & CHILDREN'S SERVICES INC
    one grant, 2020 · $3k · revenue +4%
  • MS
    MEMORIAL SLOAN KETTERING
    one grant, 2021 · $3k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
The Pierpont Morgan Library

The Morgan Library & Museum celebrates and shares the history and process of human creativity from antiquity to the present day through the preservation, study, and interpretation of a dynamic and growing collection.

Education
2
The Brooklyn Institute of Arts and Sciences

The mission of the brooklyn institute of arts and sciences, d/b/a brooklyn museum (the "museum") is to bring people together through art and experiences that inspire celebration, compassion, courage, and the will to act. (see schedule o).

Arts & Culture
3
Staten Island Institute of Arts and Sciences dba the Staten Island Museum

Founded in 1881 the Staten Island Museum engages visitors with interdisciplinary exhibitions, public programs, and educational activities for all ages. It is the mission of the Staten Island Museum to spark curiosity and generate…

Arts & Culture
4
Museum of the City of New York

The museum of the city of new york fosters understanding of the distinctive nature of urban life in the world's most influential metropolis. it engages visitors by celebrating, documenting, and interpreting the city's past, present, and…

Arts & Culture
5
The Neue Galerie New York
Arts & Culture
6
New York Historical Society

The founding mission of the new-york historical society ("the new york historical "tnyh") is to collect, preserve, and interpret, for the broadest possible public, material relevant to the history of the united states in general and of new…

Arts & Culture
7
National Gallery of Art

The National Gallery of Art serves the nation by welcoming all people to explore and experience art, creativity, and our shared humanity.

Arts & Culture
8
Munson-Williams-Proctor Arts Institute

Munson-williams-proctor arts institute (mwpai) is a fine arts center dedicated to serving diverse audiences by advancing the appreciation, understanding, and enjoyment of the arts. the art institute aims to promote interest and…

Arts & Culture
9
Isabella Stewart Gardner Museum Inc

Organization's mission statement true to the ambitious vision of its founder and her spirit of creative risk-taking, the mission of the isabella stewart gardner museum is: - to bring to life and preserve the rich historic collection; - to…

Arts & Culture
10
New York Studio School

The new york studio school is committed to giving a significant education to the aspiring artist, a preamble to a lifetime's engagement in drawing, painting, and sculpture. (see schedule o for continuation)

—
11
Clyfford Still Museum

Home to the art and legacy of the american painter clyfford still, we invite all to explore the potential of individual creative endeavor.

Arts & Culture
12
New York University

Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes. nyu's primary missions are education, research and scholarship, and patient care.

Education
How this is measured
The grantee most central to the portfolio’s shape is The Frick Collection; the most unlike its peers is Marsh Sanctuary Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

28 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 28 of the 48 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
28/28
Grantees still filing
20/28
Grew since first funded

Where the money sits, by cause and then by grantee

CONGREGATION EMANU-EL OF WESTCHESTER: $39,125 · OtherCONGREGATION EMANU-EL OF WESTCHESTERCONGREGATION EMANU-EL OF NY: $16,925 · OtherCONGREGATION EMANU-EL OF NYPROJECT MORRY: $5,500 · OtherPROJECT MORRYMETRO MUSEUM OF ART: $4,000 · OtherTHE TOWN SCHOOL INC: $4,000 · OtherTEMPLE EMORY EL STREICKER: $3,600 · Other+22 more: $15,235 · Other+22 moreCITY PARKS FOUNDATION INC: $85,000 · Recreation & SportsCITY PARKS FOUNDATION INC+1 more: $500 · Recreation & SportsAMERICAN JEWISH COMMITTEE: $35,000 · Civil RightsAMERICAN JEWISH …METROPOLITAN MUSEUM OF ART: $4,500 · Arts & CultureMuseum of Modern Art: $3,720 · Arts & CultureTHE JEWISH MUSEUM: $3,270 · Arts & CultureST LUKES CHAMBER ENSEMBLE INC: $2,500 · Arts & CultureAmerican Museum of Natural History: $740 · Arts & Culture+3 more: $851 · Arts & CultureDALTON SCHOOLS INC: $4,000 · EducationRIVERDALE COUNTRY SCHOOL INC: $2,500 · EducationTHE SPENCE SCHOOL: $2,000 · EducationTHE ROCKEFELLER UNIVERSITY: $1,500 · EducationTHE INSTITUTE OF CLASSICAL ARCHITECTURE AND ART INC: $600 · Education+1 more: $250 · EducationNORTHERN WESTCHESTER HOSPITAL CENTER FOUNDATION INC: $5,500 · PhilanthropyTHE MOUNT KISCO INTERFAITH FOOD PANTRY INC: $500 · PhilanthropyJEWISH BOARD OF FAMILY & CHILDREN'S SERVICES INC: $2,500 · Human Services
Other$88,385Recreation & Sports$85,500Civil Rights$35,000Arts & Culture$15,581Education$10,850Philanthropy$6,000Human Services$2,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 FundThe Chicago Community…Vanguard Charitable E…National Philanthropi…Morgan Stanley Global…The Bank of America C…Donor Advised Charita…Fidelity Investments …American Online Givin…Amazonsmile Foundation
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.

How much its grantees rely on government

Each dot is one organization Philip M Waterman Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Philip M Waterman Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    7report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    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

    Play a game based on Philip M Waterman’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home