The WaterWheel Foundation is a non-profit organization created by the rock band Phish on April 22, 1997, to oversee their charitable activities.
The proceeds from the sale of WaterWheel merchandise is donated directly to the organization table of the charity at that particular show.
Original Touring Division directors Mike Hayes and Henry Schwab left the organization at the commencement of the hiatus.
The division's activities were carried forward by Chris Prang & Matt Beck through the hiatus and into Phish's first two years back on the road.
Comprising the organizations in which a band member takes a personal interest, Local Giving is concentrated on Vermont-based non-profits.