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Waterhouse Youth Endowment Fund is a private corporation based in KENNEBUNK, ME. The foundation received its IRS ruling in 2014. The principal officer is Paige S Hill. It holds total assets of $1.4M. Annual income is reported at $245K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Waterhouse Youth Endowment Fund has made 6 grants totaling $294K, with a median grant of $46K. The foundation has distributed between $86K and $108K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $108K distributed across 2 grants. Individual grants have ranged from $1K to $101K, with an average award of $49K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Waterhouse Youth Endowment Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ME.
Waterhouse Youth Endowment Fund has distributed a total of $294K across 6 grants. The median grant size is $46K, with an average of $49K. Individual grants have ranged from $1K to $101K.
Waterhouse Youth Endowment Fund typically selects its grantees rather than accepting unsolicited proposals.
Waterhouse Youth Endowment Fund is headquartered in KENNEBUNK, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael W Pardue | Director | $0 | $0 | N/A |
| Paige S Hill | PresTreasSecDir | $0 | $0 | N/A |
| Christopher H Hill | Director | $0 | $0 | N/A |
Total Giving
$114K
Total Assets
$1.5M
Fair Market Value
$2.2M
Net Worth
$1.5M
Grants Paid
$99K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$109K
Total: $1.4M
Total Grants
6
Total Giving
$294K
Average Grant
$49K
Median Grant
$46K
Unique Recipients
2
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Town Of KennebunkTo support the Waterhouse Center | Kennebunk, ME | $92K | 2023 |
| Kennebunk Beach Improvement AssociationTo support capital campaign | Kennebunk, ME | $7K | 2023 |