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Waterfall Arts Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2020. The principal officer is Junhhee Shin. It holds total assets of $25K. Annual income is reported at $122K. Total assets have grown from N/A in 2019 to $322 in 2023. ARTIST CARE: The Waterfall Arts Foundation seeks to support international artists from across the spectrum of the arts through exhibitions healing workshops artist healing residencies patron formation and partnerships and collaborations. COMMUNITY CARE: We develop artistic content and the environment that focuses on faith art and culture. As a result we foster healing imagination & character formation for all by curating programs for the community. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Waterfall Arts Foundation has made 9 grants totaling $30K, with a median grant of $2K. Annual giving has decreased from $11K in 2020 to $2K in 2022. Grantmaking activity was highest in 2021 with $17K distributed across 4 grants. Individual grants have ranged from $1K to $10K, with an average award of $3K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and New Jersey and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$7K
Based on 4 grants from the most recent 990-PF filing.
Art gallery and event venue with exhibits from various artists and tours for the public.
Expenses: $145K
ARTIST CARE: The Waterfall Arts Foundation seeks to support international artists from across the spectrum of the arts through exhibitions healing workshops artist healing residencies patron formation and partnerships and collaborations. COMMUNITY CARE: We develop artistic content and the environment that focuses on faith art and culture. As a result we foster healing imagination & character formation for all by curating programs for the community. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY, NJ, CA.
Waterfall Arts Foundation has distributed a total of $30K across 9 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $10K.
Waterfall Arts Foundation typically selects its grantees rather than accepting unsolicited proposals.
Waterfall Arts Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$82K
Total Assets
$322
Fair Market Value
$322
Net Worth
N/A
Grants Paid
$11K
Contributions
$80K
Net Investment Income
N/A
Distribution Amount
$186
Total Grants
9
Total Giving
$30K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
7
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dreamers Community ChurchReligious Donation | Fort Lee, NJ | $2K | 2022 |
| Soyon LeeArt Class Tuition Scholarship | New York, NY | $10K | 2021 |
| Jayon LeeArtist Grant | Fullerton, CA | $2K | 2021 |
| Sung Jin ParkArtist Grant | New York, NY | $1K | 2021 |
| Dreamer Community ChurchReligious | Fort Lee, NJ | $7K | 2020 |
| Suk K KwakArtist Grant | New York, NY | $1K | 2020 |
| Wookjin ChoiYoung Artist Grant | New York, NY | $1K | 2020 |