The Florida State Capitol

Form 990-PFTax year 2025EIN 04-6905190

The Water Cove Charitable Foundation

A private foundation in Naples, FL. Its return for tax year 2025 lists 26 grants and $2.2 million paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $2,150,402

    Grants listed
    26
    Assets, end of year
    $18,124,781
  • Tax year 2024

    $1,833,238

    Grants listed
    28
    Assets, end of year
    $16,209,685
  • Tax year 2023

    $1,328,797

    Grants listed
    23
    Assets, end of year
    $13,994,391
  • Tax year 2022

    $271,966

    Grants listed
    22
    Assets, end of year
    $13,139,859
  • Tax year 2021

    $81,487

    Grants listed
    In an attachment
    Assets, end of year
    $12,057,274
  • Tax year 2020

    $1,133,000

    Grants listed
    In an attachment
    Assets, end of year
    $9,258,457
  • Tax year 2019

    $1,108,250

    Grants listed
    In an attachment
    Assets, end of year
    $7,715,428

Grants paid in 2025

26 grants, largest first

As listed on the return.

  1. Brigham & Women's HospitalBoston, MA

    Program support

    $1,993,000
  2. Bucknell UniversityLewisburg, PA

    Program support

    $25,000
  3. Harpswell Santa FundHarpswell, ME

    Program support

    $25,000
  4. YearupBoston, MA

    Program support

    $15,000
  5. American Diabetes AssociationMerrifield, VA

    Program support

    $10,000
  6. American Heart AssociationDallas, TX

    Program support

    $10,000
  7. Dana Farber Cancer InstituteBoston, MA

    Program support

    $10,000
  8. Global Empowerment Mission - Jamaica ReliefDoral, FL

    Program support

    $10,000
  9. Naples North Rotary Club Foundation - Jamaica ReliefNaples, FL

    Program support

    $10,000
  10. NMSS - Michael Wilson ProjectNew York, NY

    Program support

    $10,000
  11. The Boston HomeDorchester, MA

    Program support

    $10,000
  12. MCHPP - American Online Giving FoundationNewark, DE

    Program support

    $3,000
  13. Orr's Bailey Island Fire DeptOrrs Island, ME

    Program support

    $3,000
  14. Jimmy Fund - Harrin ZieveNaples, FL

    Program support

    $2,500
  15. Jimmy Fund - Jacalyn LesserNaples, FL

    Program support

    $2,500
  16. Starability FoundationNaples, FL

    Program support

    $2,080
  17. The Salvation ArmyAlexandria, VA

    Program support

    $2,000
  18. Greater Boston Food BankBoston, MA

    Program support

    $1,500
  19. Big Brothers Big Sisters of BrunswickBrunswick, ME

    Program support

    $1,030
  20. Dfci - Pan Mass Challenge - Bruce CohenNaples, FL

    Program support

    $1,027
  21. Boys and Girls Club of Collier CountyNaples, FL

    Program support

    $1,000
  22. Harry Chapin Food BankFort Myers, FL

    Program support

    $1,000
  23. Pine Street InnBoston, MA

    Program support

    $1,000
  24. Orr's Island SchoolhouseOrrs Island, ME

    Program support

    $265
  25. Harpswell News - AnchorHarpswell, ME

    Program support

    $250
  26. Orr's Island LibraryOrrs Island, ME

    Program support

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services2 grants $26,00031% of the total
  2. Education1 grant $25,00030% of the total
  3. Health2 grants $20,00024% of the total
  4. Medical research1 grant $10,00012% of the total
  5. Philanthropy and grantmaking1 grant $2,0802% of the total
  6. Youth development1 grant $1,0001% of the total

By State

Grants to organizations with a US address, latest year.

  1. Massachusetts5 grants $2,020,500
  2. Florida9 grants $40,107
  3. Maine6 grants $29,795
  4. Pennsylvania1 grant $25,000
  5. Virginia2 grants $12,000
  6. New York1 grant $10,000
  7. Texas1 grant $10,000
  8. Delaware1 grant $3,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Bruce I SachsTRUSTEE Hours 1Pay $0
  • Kimberlie T SachsTRUSTEE Hours 1Pay $0

The return

More foundations

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Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Diermeier Family FoundationNaples, FL 28 grants Preselected only $1,818,898 giving
  2. Adams Family FoundationNaples, FL 43 grants Preselected only $3,328,000 giving
  3. The SEED FoundationNaples, FL 13 grants Preselected only $1,311,000 giving
  4. Clark Family Foundation IncNaples, FL 53 grants Preselected only $4,696,269 giving
  5. The Pittsburgh Childrens Foundation IncNaples, FL 48 grants Preselected only $778,985 giving