Richard Waterman Trust
Preselected recipients only
Richard Waterman Trust is a private foundation in Cranston, Rhode Island. In tax year 2025 it gave $69,000 in 2 grants; the typical grant was $34,500 and the largest $60,000. 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$69,000
- Number of grants2
- Typical grant$34,500
- Largest grant$60,000
- Assets$1.6 million
- New grantees0%
Giving in 2025 was the same as $69,000 the year before.
0% 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 | $69,000 | 2 | $1.5 million |
| 2024 | $69,000 | 2 | $1.5 million |
| 2025 | $69,000 | 2 | $1.6 million |
How to apply
Richard Waterman Trust 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 Richard Waterman Trust funds
Where it gives
All of its grants went to recipients in Rhode Island.
| State | Grants | Amount |
|---|---|---|
| Rhode Island | 2 | $69,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Vernon Larger Parish | Pastoral support | $60,000 |
| Mount Vernon Baptist Church | Operating expenses | $9,000 |
Officers and trustees
- Walter D Waterman III
- Holden T Waterman
- Priscilla Waterman Pavel
- Deborah Riccio
Questions people ask
Does Richard Waterman Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Richard Waterman Trust give?
$69,000 in tax year 2025, across 2 grants, with a typical grant of $34,500.
Who runs Richard Waterman Trust?
Its 2025 filing lists Walter D Waterman III (Principal Manager), Holden T Waterman (Trustee), Priscilla Waterman Pavel (Trustee) and Deborah Riccio (Trustee).
What does Richard Waterman Trust fund?
Based on its grants, mainly faith communities.