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Wateree Dreams Foundation at a glance

· Private foundation

Wateree Dreams Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$75k
Granted FY2025still arriving
11
Grants FY2025still arriving
3
States reached
$44k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0181% classified

What it funded, over time

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

Education$465kHealth$123kReligion$20kArts & Culture$4kOther$0
02FY2025 · 11 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k10 grants · $31k
  • $10k–50k1 grant · $44k
$3,000
Median grant
3
States reached
$935k
Total assets
Largest grants
RecipientAmount
Reformed Theological Seminary$44,000
Palmetto Womens Center$6,200
Individual grant recipient$5,200
Redeeming Grace PCA$5,000
Wofford College$3,000
Medical University of South Carolina$3,000
The Marlie Dru Sullivan Foundation$2,200
Individual grant recipient$2,000
North Charleston Dental Outreach$2,000
Atrium Health Foundation$1,000
MWE School of Ministry$1,000
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:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 11%, against an area that typically sits at 8%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%Serge: $2k → 7%Wilcox health foundation: $10k → 9%Ebenezer ARP: $17k → 8%Medical University of South Carolina: $25k → 12%Wofford College: $3k → 15%USC Law School: $30k → 16%MWE School of Ministry: $3k → 9%Ebenezer ARP: $16k → 8%Medical University of South Carolina: $7k → 12%Wofford College: $3k → 15%USC Law School: $16k → 16%Reformed Theological Seminary: $46k → 10%Ebenezer ARP: $10k → 8%Medical University of South Carolina: $3k → 12%USC Law School: $11k → 16%Reformed Theological Seminary: $44k → 10%Palmetto Womens Center: $9k → 8%Medical University of South Carolina: $3k → 12%USC Law School: $10k → 16%Reformed Theological Seminary: $41k → 10%Palmetto Womens Center: $6k → 8%Medical University of South Carolina: $3k → 12%USC Law School: $10k → 16%Reformed Theological Seminary: $41k → 10%Ebenezer ARP: $6k → 8%Medical University of South Carolina: $3k → 12%USC Law School: $10k → 16%Reformed Theological Seminary: $38k → 10%Palmetto Womens Center: $6k → 8%USC Law School: $10k → 16%Reformed Theological Seminary: $37k → 10%Ebenezer ARP: $6k → 8%Reformed Theological Seminary: $37k → 10%Ebenezer ARP: $5k → 8%Reformed Theological Seminary: $36k → 10%Ebenezer ARP: $5k → 8%North Charleston Dental Outreach: $5k → 12%Reformed Theological Seminary: $26k → 10%Palmetto Womens Center: $5k → 8%North Charleston Dental Outreach: $4k → 12%Palmetto Womens Center: $5k → 8%North Charleston Dental Outreach: $4k → 12%Palmetto Womens Center: $4k → 8%North Charleston Dental Outreach: $3k → 12%Ebenezer ARP: $3k → 8%Palmetto Womens Center: $2k → 8%Palmetto Womens Center: $2k → 8%Redeeming Grace PCA: $5k → 8%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.

98%of every dollar goes to organizations it has funded before.
$685k · 13 repeat orgs$12k to everyone else

Grantees it renews have grown median revenue +52% since the first grant, against +32% for those funded once.

13 repeat relationships: 8 still active in FY2025, 5 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

13
2

Total granted

$685k
$3k

Median revenue growth · since first grant

+52%
+32%

Still filing today

46%
50%

New vs renewed · share of each year

In FY2025, 89% of grant dollars renewed an existing relationship; $8k went to new ones.

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

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

’17’18’19’20’21’22’23’24’25
HealthArts & CulturePhilanthropyOther
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

  • PW
    PALMETTO WOMEN'S CENTER
    8× · 2018–2025 · $40k · revenue +89%
  • NC
    North Charleston Dental Outreach Inc
    6× · 2020–2025 · $20k · revenue +69%
  • WOFFORD COLLEGE
    9× · 2017–2025 · $19k · revenue +52%

Funded once

  • SG
    SERGE GLOBAL INCgraduated
    one grant, 2021 · $2k · revenue +32%
  • LR
    Luther Rice College
    one grant, 2022 · $1k
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
Mcleod Health

To operate a health care system providing medical excellence to the eastern region of south carolina and the extreme southeastern region of north carolina.

Health
2
Mcleod Physician Associates Ii

Mcleod physician associates ii operates as a part of the mcleod health system. the mission of mcleod health is to improve the overall health and well being of people living within south carolina and eastern north carolina by providing…

Health
3
Southern Wesleyan University

Southern wesleyan university is a christ-centered, student-focused learning community devoted to transforming lives by challenging students to be dedicated scholars and servant-leaders who impact the world for christ.

Education
4
Mcleod Medical Center Dillon

Organization is part of the mcleod health system. the mission of mcleod health is to improve the overall health and well being of people living within south carolina and eastern north carolina by providing excellence in healthcare.

Health
5
Mcleod Health Clarendon

Organization is part of the mcleod health system. the mission of mcleod health is to improve the overall health and well being of people living within south carolina and eastern north carolina by providing excellence in health care.

Health
6
Mcleod Loris Seacoast Hospital

Organization is part of mcleod health system. the mission of mcleodhealth is to improve the overall health and well-being of peopleliving within south carolina and eastern north carolina by providingexcellence in healthcare.

Health
7
Mcleod Health Cheraw

Mcleod health cheraw operates as part of the mcleod health system. the mission of mcleod health is to improve the overall health and well being of people living within south carolina and eastern north carolina by providing excellence in…

Health
8
Sumter Museum

Operation of county museum and preservation of museum assets

Arts & Culture
9
Bon Secours-St Francis Xavier Hospital Inc

Healing all people with compassion, faith, and excellence.

Health
10
Martin Memorial Foundation Inc

The Martin Memorial Foundation generates financial support for patient care, education and clinical research for Martin Memorial Health Systems to support its mission: "To provide exceptional health care, hope and compassion to every…

Health
11
Marion General Hospital Inc

Marion general hospital exists to transform the health of our community through patient-centered, high quality, affordable care. best practices by leading a collaborative approach involving physicians, staff, business leaders and our…

Health
12
Charleston Hospital Inc

To provide a broad continuum of quality health care services to enhance the well-being of the people of Charleston the surrounding communities. Drawing its inspiration from Christs healing love, this mission compels us to continuously…

—
How this is measured
The grantee most central to the portfolio’s shape is Atrium Health Foundation; the most unlike its peers is Marlie Dru Sullivan Foundation. 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

9 grantees tracked through their own filings, 2017–2025.

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 2025, not grant rows in a single year, so this will not match the grant count on the cover. 9 of the 18 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)
3
Early backer (in before they grew)
9/9
Grantees still filing
8/9
Grew since first funded

Where the money sits, by cause and then by grantee

Reformed Theological Seminary: $345,500 · OtherReformed Theological SeminaryUSC Law School: $99,000 · OtherUSC Law SchoolIndividual grant recipient: $68,100 · OtherIndividual grant recipientMedical University of South Carolina: $49,231 · OtherMedical University of South Carolina+8 more: $70,080 · Other+8 morePALMETTO WOMEN'S CENTER: $39,800 · HealthPALMETTO …North Charleston Dental Outreach Inc: $19,870 · HealthNorth Cha…+1 more: $1,000 · HealthMARLIE DRU SULLIVAN FOUNDATION: $2,200 · PhilanthropyMCCLELLANVILLE ARTS COUNCIL: $750 · Arts & CultureTHE VILLAGE MUSEUM: $750 · Arts & Culture
Other$631,911Health$60,670Philanthropy$2,200Arts & Culture$1,500

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetPALMETTO WOMEN'S CENTER: $39,800 over 8y, 2.2% of budgetNorth Charleston Dental Outreach Inc: $19,870 over 6y, 1.4% of budgetWOFFORD COLLEGE: $19,000 over 9y, 0.0% of budgetWilcox Health Foundation: $13,000 over 3y, 0.8% of budgetSERGE GLOBAL INC: $2,400 over 1y, 0.0% of budgetMARLIE DRU SULLIVAN FOUNDATION: $2,200 over 1y, 0.2% of budgetMCCLELLANVILLE ARTS COUNCIL: $750 over 3y, 0.5% of budgetTHE VILLAGE MUSEUM: $750 over 3y, 0.3% 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.

  • Who funds PALMETTO WOMEN'S CENTER ↗
  • Who funds North Charleston Dental Outreach Inc ↗
  • Who funds WOFFORD COLLEGE ↗
  • Who funds Wilcox Health Foundation ↗
  • Who funds SERGE GLOBAL INC ↗
  • Who funds MARLIE DRU SULLIVAN FOUNDATION ↗
  • Who funds ATRIUM HEALTH FOUNDATION ↗
  • Who funds MCCLELLANVILLE ARTS COUNCIL ↗
  • Who funds THE VILLAGE MUSEUM ↗

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.

Fidelity Investments …Amazonsmile Foundation
Fidelity Investments Charitable Gift FundMA3.8× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund · 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 Wateree Dreams Foundation funds: left to right is the share of its income from government, bottom to top the share from Wateree Dreams Foundation. 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%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    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 18 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Wateree Dreams’ 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