The Water Cove Charitable Foundation
Preselected recipients only
The Water Cove Charitable Foundation is a private foundation in Naples, Florida. In tax year 2025 it gave $2.2 million in 26 grants; the typical grant was $2,750 and the largest $2.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$2.2 million
- Number of grants26
- Typical grant$2,750
- Largest grant$2.0 million
- Assets$23.7 million
- New grantees8%
Giving in 2025 was up from $1.8 million the year before.
8% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.3 million | 23 | $17.1 million |
| 2024 | $1.8 million | 28 | $20.9 million |
| 2025 | $2.2 million | 26 | $23.7 million |
How to apply
The Water Cove Charitable Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Water Cove Charitable Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 5 | $2.0 million |
| Florida | 9 | $40,107 |
| Maine | 6 | $29,795 |
| Pennsylvania | 1 | $25,000 |
| Virginia | 2 | $12,000 |
| New York | 1 | $10,000 |
| Texas | 1 | $10,000 |
| Delaware | 1 | $3,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Brigham & Women's Hospital | Program support | $2.0 million |
| Bucknell University | Program support | $25,000 |
| Harpswell Santa Fund | Program support | $25,000 |
| Yearup | Program support | $15,000 |
| American Diabetes Association | Program support | $10,000 |
| American Heart Association | Program support | $10,000 |
| Dana Farber Cancer Institute | Program support | $10,000 |
| Global Empowerment Mission - Jamaica Relief | Program support | $10,000 |
| Naples North Rotary Club Foundation - Jamaica Relief | Program support | $10,000 |
| NMSS - Michael Wilson Project | Program support | $10,000 |
| The Boston Home | Program support | $10,000 |
| MCHPP - American Online Giving Foundation | Program support | $3,000 |
| Orr's Bailey Island Fire Dept | Program support | $3,000 |
| Jimmy Fund - Harrin Zieve | Program support | $2,500 |
| Jimmy Fund - Jacalyn Lesser | Program support | $2,500 |
| Starability Foundation | Program support | $2,080 |
| The Salvation Army | Program support | $2,000 |
| Greater Boston Food Bank | Program support | $1,500 |
| Big Brothers Big Sisters of Brunswick | Program support | $1,030 |
| Dfci - Pan Mass Challenge - Bruce Cohen | Program support | $1,027 |
| Boys and Girls Club of Collier County | Program support | $1,000 |
| Harry Chapin Food Bank | Program support | $1,000 |
| Pine Street Inn | Program support | $1,000 |
| Orr's Island Schoolhouse | Program support | $265 |
| Harpswell News - Anchor | Program support | $250 |
| Orr's Island Library | Program support | $250 |
Officers and trustees
- Bruce I Sachs
- Kimberlie T Sachs
Questions people ask
Does The Water Cove Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Water Cove Charitable Foundation give?
$2.2 million in tax year 2025, across 26 grants, with a typical grant of $2,750.
Who runs The Water Cove Charitable Foundation?
Its 2025 filing lists Bruce I Sachs (Trustee) and Kimberlie T Sachs (Trustee).
What does The Water Cove Charitable Foundation fund?
Based on its grants, mainly health, education and human services.