Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 09-01-2021 , and ending 08-31-2022
Name of foundation
THE THOMAS P WATERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO C ALT 605 MAIN ST 212
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIVERTON, NJ08077
A Employer identification number

23-7836361
B Telephone number (see instructions)

(856) 733-6608
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,944,785J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 99,196 99,196  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 367,460
b Gross sales price for all assets on line 6a 1,759,251
7 Capital gain net income (from Part IV, line 2)... 367,460
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 466,656 466,656  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,212 0   4,212
b Accounting fees (attach schedule)....... Click to see attachment 3,331 0   3,331
c Other professional fees (attach schedule).... Click to see attachment 24,039 24,039   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,024 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 54,066 16,220   37,846
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 92,672 40,259   45,389
25 Contributions, gifts, grants paid....... 286,000 286,000
26 Total expenses and disbursements. Add lines 24 and 25 378,672 40,259   331,389
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 87,984
b Net investment income (if negative, enter -0-) 426,397
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 275,398 256,215 256,215
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,799,368 Click to see attachment2,823,763 3,558,527
c Investments—corporate bonds (attach schedule)....... 837,770 Click to see attachment971,412 855,043
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 411,817 Click to see attachment360,947 275,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,324,353 4,412,337 4,944,785
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,324,353 4,412,337
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 4,324,353 4,412,337
30 Total liabilities and net assets/fund balances (see instructions). 4,324,353 4,412,337
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,324,353
2
Enter amount from Part I, line 27a .....................
2
87,984
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,412,337
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,412,337
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES P    
b SALE OF PUBLICLY TRADED SECURITIES P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 635,575   668,008 -32,433
b 1,047,172   723,783 323,389
c 76,504     76,504
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -32,433
b       323,389
c       76,504
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 367,460
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,927
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,927
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,652
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,652
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,275
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletNACHMIAS MORRIS ALT LLC Telephone no.bullet (856) 733-6608

    Located atbullet605 MAIN STREET SUITE 212RIVERTONNJ ZIP+4bullet08077
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DEVIN WATERS-BURBACH TRUSTEE
    1.00     		0 0 0
    52 DEERWOOD DRIVE
    ASHEVILLE,NC28805
    DR T PATRICK WATERS III TRUSTEE
    1.00     		0 0 0
    3229 RANKIN AVENUE
    DALLAS,TX75205
    CHRISTINA G ALT TRUSTEE
    0.50     		0 0 0
    605 MAIN STREET SUITE 212
    RIVERTON,NJ08077
    DAMON C WATERS TRUSTEE
    1.00     		0 0 0
    3676 26TH STREET
    BOULDER,CO80304
    BRENDEN WATERS TRUSTEE
    1.00     		0 0 0
    301 CHESTERFIELD COVE
    WOODSTOCK,GA30189
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,272,495
    b
    Average of monthly cash balances.......................
    1b
    358,833
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,631,328
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,631,328
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    84,470
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    5,546,858
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    277,343
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    277,343
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    5,927
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,927
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    271,416
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    271,416
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    271,416
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 271,416
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 36,418
    b From 2017......  
    c From 2018...... 18,453
    d From 2019...... 26,700
    e From 2020......  
    f Total of lines 3a through e ........ 81,571
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 331,389
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 271,416
    e Remaining amount distributed out of corpus 59,973
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 141,544
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		36,418
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		105,126
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 18,453
    c Excess from 2019.... 26,700
    d Excess from 2020....  
    e Excess from 2021.... 59,973
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALL HANDS AND HEARTS - SMART RESPONSE
    6 COUNTY ROAD STE 6
    MATTAPOISETT,MA02739     		NONE PUBLIC GENERAL 3,000
    APPALACHIAN SUSTAINABLE AGRICULTURE PROJECT
    306 W HAYWOOD STREET
    ASHEVILLE,NC28801     		NONE PUBLIC TO SUPPORT THE GROWING MINDS PROGRAM 6,500
    ATLANTA CENTER FOR SELF SUFFICIENCY
    460 EDGEWOOD AVENUE NE
    ATLANTA,GA30312     		NONE PUBLIC TO SUPPORT CAFE 458 8,500
    BEYOND THE BRICKS INC
    104 CLIPPER CT
    CRESSON,TX76035     		NONE PUBLIC SCHOOL FOR THE DEAF 3,500
    BLACK MOUNTAIN HOME FOR CHILDREN YOUTH & FAMILIES
    80 LAKE EDEN ROAD
    BLACK MOUNTAIN,NC28711     		NONE PUBLIC TO SUPPORT EVERYDAY FUND($3,000),EARTH CLUB($1,500) MOUNTAIN BIKE CLUB($3,000) 7,500
    BOULDER VALLEY WOMEN'S HEALTH CENTER INC
    2855 VALMONT ROAD
    BOULDER,CO80301     		NONE PUBLIC GENERAL 3,000
    BUILDERS WITHOUT BORDERS
    119 KINGSTON MAIN STREET
    HILLSBORO,NM88042     		NONE PUBLIC THREE MESAS COLLABORATIVE PROJECTS 7,500
    CENTENNIAL MIDDLE SCHOOL
    2205 NORWOOD DRIVE
    BOULDER,CO80304     		NONE PUBLIC GENERAL 5,000
    CENTENNIAL MIDDLE SCHOOL PTO
    2205 NORWOOD DRIVE
    BOULDER,CO80304     		NONE PUBLIC GENERAL 1,000
    CHAHTA FOUNDATION
    PO BOX 1849
    DURANT,OK74702     		NONE PUBLIC GENERAL SCHOLARSHIP FUNDS 5,000
    CHILDREN'S HEALTHCARE OF ATLANTA
    3395 NE EXPRESSWAY SUITE 100
    ATLANTA,GA30341     		NONE PUBLIC LAURA SNITZER BOOZER FUND - PEDIATRIC ONCOLOGY NURSING SCHOLARSHIP 5,000
    CONSCIOUS ALLIANCE
    2525 ARAPAHOE AVE STE E4-182
    BOULDER,CO80304     		NONE PUBLIC ASHEVILLE CHAPTER - PROGRAMS THAT FEED THE HUNGRY 6,500
    CROSS CHURCH INC
    2801 W MCMILLAN DRIVE
    FAYETTEVILLE,AR72701     		NONE PUBLIC TO SUPPORT THE BLESSING BASKETS 3,000
    DOCTORS WITHOUT BORDERS USA INC
    333 SEVENTH AVE 2ND FLR
    NEW YORK,NY10001     		NONE PUBLIC GENERAL 2,000
    EMERGENCY FAMILY ASSISTANCE ASSOCIATION
    1575 YARMOUTH AVENUE
    BOULDER,CO80304     		NONE PUBLIC GENERAL 4,000
    FIRST TEE OF NORTHWEST ARKANSAS
    715 N MONROE AVENUE
    LOWELL,AR72745     		NONE PUBLIC TO SUPPORT THE ANGEL SCHOLARSHIP PROGRAM 3,000
    FOOTBRIDGE FOUNDATION INC
    431 KING WILLIAM
    SAN ANTONIO,TX78204     		NONE PUBLIC GENERAL 4,000
    FOOTHILLS CARING CORPS INC
    3526 W 125TH CR
    BROOMFIELD,CO80020     		NONE PUBLIC GENERAL 5,000
    HEROES AMONG US TEXAS
    2900 CROOKED STICK DRIVE
    PLANO,TX75093     		NONE PUBLIC TO SUPPORT THE FT. HOOD WARRIOR TRANSITION UNIT CHRISTMAS 1,000
    HOMEWARD BOUND OF WESTERN NORTH CAROLINA
    PO BOX 1166
    ASHEVILLE,NC28802     		NONE PUBLIC TO SUPPORT THE PATHWAYS PROGRAM 8,000
    IGNATIAN LAY VOLUNTEER CORPS
    801 ST PAUL STREET
    BALTIMORE,MD21202     		NONE PUBLIC GENERAL 3,000
    LABORATORY TO COMBAT HUMAN TRAFFICKING
    1031 33RD STREET STE 237
    DENVER,CO80205     		NONE PUBLIC GENERAL 1,000
    MANNA FOOD BANK INC
    627 SWANNANOA RIVER ROAD
    ASHEVILLE,NC28805     		NONE PUBLIC TO SUPPORT MANNA PACKS PROGRAM 8,000
    MONASTERY OF THE HOLY SPIRIT
    2625 HIGHWAY 212 SW
    CONYERS,GA30094     		NONE PUBLIC TO SUPPORT THE "SEASON OF RENEWAL" CAPITAL CAMPAIGN - BUILDING FUND 8,500
    NORTH TEXAS PATRIOT ANGLERS
    509 BRIAROAKS DRIVE
    LAKE DALLAS,TX75065     		NONE PUBLIC GENERAL 10,000
    OPEN DOORS OF ASHEVILLE
    PO BOX 8726
    ASHEVILLE,NC28814     		NONE PUBLIC TO SUPPORT BRIDGING THE LANGUAGE GAP PROGRAM 6,500
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVENUE SUITE 200
    MANHATTAN BEACH,CA90266     		NONE PUBLIC TO SUPPORT PURPLE STRIDE - ATLANTA 2022 (GIVEN IN MEMORY OF JIM WATERS) 9,000
    RON & VICKI SANTO DIABETIC ALERT DOGS FOUNDATION
    PO BOX 27047
    SCOTTSDALE,AZ85255     		NONE PUBLIC GENERAL 8,000
    SALVATION ARMY
    1370 PENNSYLVANIA STREET
    DENVER,CO80203     		NONE PUBLIC GENERAL 3,000
    SCOTT SULLIVAN SCHOLARSHIP FUND
    7453 ANGELICA LANE
    FRISCO,TX75033     		NONE PUBLIC SCOTT SULLIVAN SCHOLARSHIP 2,000
    SISTER CARMEN COMMUNITY CENTER INC
    655 ASPEN RIDGE DRIVE
    LAFAYETTE,CO80026     		NONE PUBLIC GENERAL 3,000
    SISTERS OF THE CATHOLIC APOSTOLATE
    98 HARRIMAN HEIGHTS ROAD
    HARRIMAN,NY10926     		NONE PUBLIC GENERAL 10,000
    STAR HOUSE FOUNDATION INC
    890-F ATLANTA STREET 138
    ROSWELL,GA30075     		NONE PUBLIC GENERAL 9,000
    STEVE MACKO SCHOLARSHIP FUND
    2111 FOREST PARK BLVD
    FORT WORTH,TX76110     		NONE PUBLIC GENERAL 3,000
    THE CAMPUS KITCHENS PROJECT
    135 S COLLEGE STREET
    AUBURN,AL36849     		NONE PUBLIC GENERAL 9,000
    WATER FOR PEOPLE
    100 E TENNESSEE AVENUE
    DENVER,CO80209     		NONE PUBLIC GENERAL 1,000
    WHISPERING HOPE RANCH FOUNDATION
    PO BOX 54070
    PHOENIX,AZ85078     		NONE PUBLIC GENERAL 15,000
    WORLD WILDLIFE FUND INC
    1250 24TH STREET NW
    WASHINGTON,DC20090     		NONE PUBLIC ALL FUNDS ARE RESTRICTED TO TRAFFIC. 2,000
    GONZAGA COLLEGE HIGH SCHOOL
    19 I STREET NW
    WASHINGTON,DC20001     		NONE PUBLIC BICENTENNIAL CAMPAIGN 10,000
    KIWANIS CLUB OF THE FOOTHILLS BOULDER FOUNDATION
    3526 W 125TH CR
    BROOMFIELD,CO80020     		NONE PUBLIC SERVICE DOGS FOR KIDS 3,000
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HIGHWAY EAST
    FAIRFIELD,CT06825     		NONE PUBLIC UKRAINE CRISIS CHILDREN'S RELIEF FUND 4,000
    ASHEVILLE GREENWORKS
    2 SULSPHUR SPRINGS ROAD
    ASHEVILLE,NC288062620     		NONE PUBLIC TRASH TROUT PROGRAM 5,000
    EVERGREEN CHARTER SCHOOL
    50 BELL ROAD
    ASHEVILLE,NC288051538     		NONE PUBLIC COMPASSION FUND & ROBINS NEST 3,500
    AMERICA'S MIGHTY WARRIORS
    PO BOX 8114
    SURPRISE,CA85374     		NONE PUBLIC GENERAL 5,000
    CAVE CREEK TRINITY FELLOWSHIP INC
    PO BOX 541
    CAVE CREEK,AZ85327     		NONE PUBLIC GENERAL 1,000
    HOSPICE OF THE VALLEY
    1510 E FLOWER STREET
    PHOENIX,AZ85014     		NONE PUBLIC GENERAL 1,000
    CATHOLIC CHARITIES MANA HOUSE
    2422 W HOLLY STREET
    PHOENIX,AZ85009     		NONE PUBLIC GENERAL 5,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    8701 LEEDS ROAD
    KANSAS CITY,MO64129     		NONE PUBLIC SCHOLARSHIP FUND 3,000
    PAGNOZZI CHARITIES INC
    100 E POPLAR STREET
    FAYETTEVILLE,AR72703     		NONE PUBLIC GENERAL 3,000
    SINGLE PARENT SCHOLARSHIP FUND OF NWA INC
    2601 SOUTHWEST D STREET
    BENTONVILLE,AR727128357     		NONE PUBLIC GENERAL 3,500
    MALCOLM X COMMUNITY SERVICES
    303 EAST PLEASANT RUN ROAD
    DESOTO,TX751153933     		NONE PUBLIC TO SUPPORT THE LEGACY OF HOPE CENTER 8,000
    OKLAHOMA YOUTH FORESTRY AND WILDLIFE
    PO BOX 157
    BROKEN BOW,OK747280157     		NONE PUBLIC FORESTRY YOUTH CAMP 5,000
    COMPASSIONATE LISTENING PROJECT
    PO BOX 17
    INDIANOLA,WA98342     		NONE PUBLIC TRAING/WORKSHOP DEVELOPMENT 5,000
    LONGMONT COMMUNITY JUSTICE PARTNERSHIP
    528 MAIN STREET
    LONGMONT,CO80501     		NONE PUBLIC GENERAL 6,000
    THE KIVA CENTER
    1780 LOMBARDY DRIVE
    BOULDER,CO803041542     		NONE PUBLIC COUNCIL/SOCIAL-EMOTIONAL EDUCATION 7,000
    MARY CROWLEY CANCER RESEARCH
    12222 MERIT DRIVE
    DALLAS,TX75251     		NONE PUBLIC GENERAL 5,000
    Total .................................bullet 3a 286,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 367,460  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 466,656 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    466,656
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FARLEY DRAIN & CO PC - ACCOUNTING 3,331 0   3,331

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GLENMEDE CORE FIXED INCOME 512,033 444,548
    BLACKROCK STRATEGIC INCOME OPP 89,354 85,018
    TIAA-CREF CORE IMPACT BOND FUND 270,025 240,628
    PAX WORLD HIGH YIELD BOND FUND 100,000 84,849

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC 12,034 32,745
    COMCAST CORP 23,525 18,095
    META PLATFORMS INC 27,482 20,366
    BOOKING HOLDINGS INC 19,197 24,386
    HOME DEPOT INC 3,352 28,842
    ULTA BEAUTY INC 21,067 31,490
    COLGATE PALMOLIVE CO 17,757 19,553
    PEPSICO INC 6,045 25,840
    PROCTER & GAMBLE CO 6,331 20,691
    CHEVRON CORP 9,625 47,418
    CHUBB LTD 11,799 18,905
    JPMORGAN CHASE & CO 15,059 28,433
    NORTHERN TRUST CORP 11,244 14,263
    PNC FINANCIAL SERVICES GROUP 18,242 31,600
    US BANCORP 7,152 18,244
    BAXTER INTL INC 11,228 17,238
    BIOGEN IDEC INC 20,135 14,654
    JOHNSON & JOHNSON 1,633 24,201
    LAB CORP OF AMERICA 12,354 28,159
    AMETEK INC 13,000 18,024
    HONEYWELL INTL INC 16,112 18,935
    PARKER-HANNIFIN CORP 6,771 26,500
    RAYTHEON TECHNOLOGIES 13,435 34,374
    ACCENTURE PLC 9,651 28,846
    APPLE INC 705 55,027
    CISCO SYSTEMS 12,610 24,596
    GLOBAL PAYMENTS INC 17,915 20,498
    MASTERCARD INC 9,100 32,437
    MICROSOFT CORP 4,335 45,757
    ORACLE CORP 4,410 25,953
    GLENMEDE QUANT US LARGE CAP GROWTH 213,643 220,894
    GLENMEDE QUANT US LARGE CAP CORE 1,233,483 1,338,023
    GLENMEDE SMALL CAP ADV 65,425 164,289
    ISHARES S&P SMALLCAP 600 106,860 149,494
    DFA WORLD EX US CORE EQUITY INTL 190,304 249,510
    GQG EMERGING MARKETS EQUITY FUND 69,263 65,525
    HARTFORD SCHRODERS INTL MULTI-CAP VAL FD 117,916 125,768
    MATTHEWS PACIFIC TIGER FD 69,558 67,804
    WCM FOCUSED INTL GROWTH FUND 108,763 116,718
    BLACKROCK INC 17,657 16,660
    BRISTOL MYERS SQUIBB CO 21,423 23,593
    PPG INDUSTRIES INC 14,465 12,698
    ISHARES S&P SMALLCAP 600 GROWTH 147,750 142,958
    AMAZON.COM INC 20,426 15,212
    ROSS STORES INC 20,753 17,254
    ADOBE INC 23,047 18,672
    MARTIN MARIETTA MATERIALS INC 19,722 17,385

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD GLOBAL EX US REAL ESTATE AT COST 66,686 52,020
    VANGUARD INDEX FUNDS REAL ESTATE ETF AT COST 57,375 69,758
    INFINITY Q DIVERSIFIED ALPHA FUND AT COST 82,529 274
    VIRTUS DUFF & PHELPS GLOBAL REAL ESTATE AT COST 76,636 77,377
    PGIM SELECT REAL ESTATE AT COST 77,721 75,571

    TY 2021 LegalFeesSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NACHMIAS MORRIS & ALT LLC - LEGAL 4,212 0   4,212


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GLENMEDE TRUST COMPANY - COMMISSIONS 24,039 24,039   0


    TY 2021 TaxesSchedule
    Name:
    THE THOMAS P WATERS FOUNDATION
    EIN:
    23-7836361
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990-PF 8/2021 BALANCE DUE 2,372 0   0
    FORM 990-PF 8/2022 ESTIMATED TAX 4,652 0   0