The Waters Charitable Remainder Unitrust EIN 26-0631392 Form 990 (PDF) Claim this org

The Waters Charitable Remainder Unitrust FY2022 filing

Not yet claimed Claim this org →

A private foundation based in Manhattan Beach, CA. It reported about $83K in revenue for 2022. For fiscal year 2022 it reported $83K in revenue, $164K in expenses, and $1.9M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Manhattan Beach, CA
Filings
6 on file (2020–2022)
Revenue
$83KFY2022
Expenses
$164K
Net assets
$1.9M
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-0631392 Private foundation / grantmaker Manhattan Beach, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until The Waters Charitable Remainder Unitrust claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
A private foundation based in Manhattan Beach, CA. It reported about $83K in revenue for 2022.
Money in and out
$83K revenue, $164K expenses
Bottom line
Grants paid & assets · FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Total assets
1.9M
deployed as grants and operations
Grants paid
106K
in FY2022
Grants made
25grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 25 grants · $118K · 2025–2025
Manhattan Beach Rotary FoundationFY2025$27,500
Wings of RescueFY2025$25,000
Pancreatic Cancer Action NetworkFY2025$10,000
Dog Is My CopilotFY2025$10,000
Ywam San FranciscoFY2025$5,000
University of Southern Florida (davide)FY2025$5,000
Corridor Rescue INCFY2025$4,000
Tour De PierFY2025$3,000
El Camino College FoundationFY2025$3,000
Captain Paul Watson FoundationFY2025$2,500
Beesley Animal FoundationFY2025$2,500
Archeological Institue of AmericaFY2025$2,500
Homeward Bound Golden Retriever Rescue and SanctuaryFY2025$2,000
Golden Bond Rescue of OregonFY2025$2,000
Connecticut FoodshareFY2025$2,000
Speak Up for the PoorFY2025$1,500
Project Street VetFY2025$1,500
Lily's Legacy Senior Dog SanctuaryFY2025$1,500
See all 25 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$5K
Median grantPart XV$2K
Largest grantPart XV$28K

Summary of the Filing

Part I · fiscal year 2022 · Form 990-PF
Revenue
$83K
FY2022▲ +3%
Expenses
$164K
FY2022-0.2%
Total assets
$1.9M
FY2022▼ -4%
Total liabilities
$0
FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Total assetsPt II$1.9M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Waters Charitable Remainder Unitrust
EINHdr · item D26-0631392
Principal addressHdr · item CManhattan Beach, CA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFDec 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Harris D Bass$55,292$50,361

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Waters Charitable Remainder Unitrust executive salaries →

Statement of Revenue

Part VIII
Other revenue$64K · 77%
Investment income$19K · 23%
Other revenue77%$64K
Investment income23%$19K
Total revenueLn 12$83K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.64 Operating & administrative $0.36
Grants & contributions paid64%$106K
Operating & administrative36%$58K
Total functional expensesLn 25$164K

Balance Sheet

Part X · end of year
CashLn 1$97K
Total assetsLn 16$1.9M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.9M
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.9M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $83K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $83K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $83K · Prior year $81K
+3%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $83K · Expenses $164K
-96%
Liabilities-to-Assets
Total liabilities — · Total assets $1.9M
Net-asset ratio
Net assets $1.9M · Total assets $1.9M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $164K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$127K revenue · ⤓ 990 PDF
FY2024$114K revenue · ⤓ 990 PDF
FY2023$33K revenue · ⤓ 990 PDF
FY2022$83K revenue · viewing · ⤓ 990 PDF
FY2021$81K revenue · ⤓ 990 PDF
FY2020$98K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.