Philanthropy, Voluntarism, and Grantmaking

Waitt Family Foundation

  • La Jolla, CA
  • www.waittfoundation.org

Mission Statement

Established in 1993, the Waitt Family Foundation (WFF) is a charitable organization based in La Jolla, CA. WFF's mission is to help good people do great things. Our mission is to support organizations doing pioneering work with the potential for large-scale impact. We do this by making grants to programs that help us understand our past, improve the present, and prepare for the future.

Main Programs

  1. Scientific Exploration
Service Areas

Self-reported

International

There are no geographic restrictions.

ruling year

1994

Principal Officer since 1993

Self-reported

Mr. Ted Waitt

Keywords

Self-reported

Ocean Conservation, Ocean Exploration, Historical Discovery, Nautical Achaeology, Scientific Innovation

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EIN

46-0428166

 Number

2277213208

Also Known As

WFF

Contact

Cause Area (NTEE Code)

Private Grantmaking Foundations (T20)

IRS Filing Requirement

This organization is required to file an IRS Form 990-PF.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Scientific Exploration

The primary areas of interest of the Waitt Family Foundation are: * Scientific Research/Exploration * Ocean Conservation, Research, and Restoration * The Waitt Family Foundation will also consider other grants primarily in our local communities of San Diego and Sioux City.

Category

Philanthropy, Voluntarism & Grantmaking

Population(s) Served

General Public/Unspecified

Budget

Service Areas

Self-reported

International

There are no geographic restrictions.

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

WAITT FOUNDATION
Fiscal year: Jan 01-Dec 31

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Operations

The people, governance practices, and partners that make the organization tick.

Waitt Family Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2012
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Mr. Ted Waitt

BIO

Ted Waitt, founder and former Chairman and CEO of Gateway, Inc., helped revolutionize how people use technology to live, work, and play through pioneering the direct marketing of personal computers. Labeled a maverick by national business publications, he has since gone on to form multiple enterprises: Avalon Capital Group, Inc., a wholly-owned, billion-dollar private investment company with diverse interests in technology, health care, finance, and real estate; the Waitt Family Foundation; and the Waitt Institutes, nonprofit organizations dedicated to the improvement of mankind's knowledge through historical and scientific exploration. Through the Waitt Family Foundation, Ted has become one of America's 50 most generous philanthropists, according to Business Week. Established in 1993, the Foundation initially focused on domestic violence prevention and community development, knowing that building stronger families and societies would help foster his vision of a better world. The creation of the Waitt Institutes in 2005 --- the Waitt Institute for Discovery, and the Waitt Institute for Violence Prevention --- has allowed the Foundation to broaden its program interests to the global community. Waitt has served as the Chairman of the Founding Fathers campaign of the Family Violence Prevention Fund, just one of the efforts that he supports in the fight to prevent domestic violence. He also serves on the Advisory Council of the National Geographic Society and as a Vice Chairman of the Board for the Jonas Salk Institute for Biological Studies.

Governance

BOARD CHAIR

Ted Waitt

Waitt Foundation

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?