Waddell Foundation

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501(c)(3) charity; gifts are tax-deductible.
$46K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $53K a year · 20% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$46K
to officers and key staff · 20% of spending
Pay to officers and key staff is 20% of spending.
990-PF Part VIII
4.0 mo
of spending, in cash
4.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$69K
1% of total assets
Liabilities are 1% of assets.
990-PF Pt II · Ln 23
Revenue
$262K
+21% vs prior year
Spent
$231K
Net assets
$4.6M
By yearFY2021–FY2025
Revenue
$262K
FY2025▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2021$361K
FY2022$309K
FY2023$159K
FY2024$216K
FY2025$262K
Expenses
$231K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2021$210K
FY2022$201K
FY2023$184K
FY2024$219K
FY2025$231K
Net assets
$4.6M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2021$4.6M
FY2022$4.1M
FY2023$3.9M
FY2024$4.4M
FY2025$4.6M

From the FY2025 Form 990 (year ending May 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1939.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 61% · $140K Operating & administrative 39% · $91K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990-PF; $46K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
Secretary
$13,700990-PF Pt VIII
$8,000990-PF Pt VIII
Vice Preside
$8,000990-PF Pt VIII
$8,000990-PF Pt VIII
$8,000990-PF Pt VIII

Compensation history total reportable pay by year · 6 named individuals · 990-PF Part VIII

NameFY2025FY2022
Tim Waddell$13,700$8,400
James P Waddell$8,000$6,000
Michael Payette$8,000$3,000
Trenton J Waddell$8,000$1,500
Robert Waddell$8,000$6,000
Betty Dendinger—$6,000

Total reportable compensation (Form 990-PF Part VIII column (c) / 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 Waddell Foundation executive salaries →

Programs and updates

A private foundation based in Marion, OH.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 14 grants · $165K · 2024–2024
Ohio Historical SocietyOH · FY2024$30,000
Ohio Historical SocietyOH · FY2024$25,000
Individual RecipientFY2024$25,000
Individual RecipientFY2024$10,000
Mls Construction ServicesFY2024$10,000
Life Care AllianceFY2024$10,000
New Vision Senior Group INCOH · FY2024$5,000
Caledonia Senior CenterFY2024$5,000
Green Camp Senior CenterFY2024$5,000
Marion Senior Center INCKS · FY2024$5,000
Pleasant Senior CenterFY2024$5,000
Prospect Senior CenterFY2024$5,000
Marion Palace TheatreFY2024$5,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$12K
Median grantPart XV$10K
Largest grantPart XV$30K
Top cause focusNTEEArts & Culture (14%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$262K
Investment income$262K
Money out
$231K
Grants paid$140K
Running costs$91K
Owns and owes
$4.6M
net assets
Cash and savings$77K
Total assets$4.7M
Liabilities$69K
People
5
listed
Paid5
2In more detail
Revenue in detail
Investment income$262K
Total revenue$262K
Assets in detailEnd of year
Cash and savings together$77K
Total assets$4.7M
Liabilities$69K
Net assets$4.6M
Operations
Fiscal year endsMay

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Sep 9, 2025 $262K$231K$32K$4.6M 990 PDF
FY2024Filed with the IRS Aug 15, 2024 $216K$219K−$3K$4.4M 990 PDF
FY2023Filed with the IRS Sep 21, 2023 $159K$184K−$25K$3.9M 990 PDF
FY2022Filed with the IRS Oct 14, 2022 $309K$201K$108K$4.1M 990 PDF
FY2021Filed with the IRS Oct 8, 2021 $361K$210K$151K$4.6M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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