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Watermark Auto Group Foundation is a private corporation based in WOODBURY, MN. The foundation received its IRS ruling in 2017. The principal officer is Foundation Source. It holds total assets of $3M. Annual income is reported at $481K. Total assets have grown from $570K in 2019 to $3M in 2024. The foundation is governed by 3 officers and trustees. Ethos is a small bus incubator &community development center set up to provide economic development & revitalization of economically depressed & blighted marion bus area. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Illinois and Kentucky. According to available records, Watermark Auto Group Foundation has made 34 grants totaling $234K, with a median grant of $5K. Annual giving has decreased from $151K in 2020 to $32K in 2023. Individual grants have ranged from $500 to $75K, with an average award of $7K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Illinois and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$9K
Largest Grant
$42K
Based on 7 grants from the most recent 990-PF filing.
Ethos is a small bus incubator &community development center set up to provide economic development & revitalization of economically depressed & blighted marion bus area
Expenses: $96K
Podcast - small town big business highlights bus development in furtherance of public interest small-town mid-america by capturing diverse perspectives on entrepreneurial startups
Expenses: $12K
Ethos is a small bus incubator &community development center set up to provide economic development & revitalization of economically depressed & blighted marion bus area. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in IL, KY.
Watermark Auto Group Foundation has distributed a total of $234K across 34 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $500 to $75K.
Watermark Auto Group Foundation typically selects its grantees rather than accepting unsolicited proposals.
Watermark Auto Group Foundation is headquartered in WOODBURY, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cheryl D Absher | Dir | $0 | $0 | N/A |
| Michael W Absher | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
| David J Griffin | Dir | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3M
Fair Market Value
N/A
Net Worth
$3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$234K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Market Street Music Conservatorypiano lab fund | Marion, IL | $20K | 2023 |
| Rend Lake College FoundationThe Learning Resource Center project outdoor study area planter | Ina, IL | $6K | 2023 |
| Unit 2 Public Schools Foundation IncCharitable Event | Marion, IL | $3K | 2023 |
| Refuge Temple Church Of God In Christ IncCharitable Event | Marion, IL | $3K | 2023 |
| Book For Hope IncCharitable Event | Paducah, KY | $500 | 2023 |
| Artstarts CompanyCharitable Event | Marion, IL | $6K | 2022 |
| Marion Rotary Club Scholarship Foudation IncGeneral & Unrestricted | Marion, IL | $5K | 2022 |
| The Promise MissionGeneral & Unrestricted | Marion, IL | $5K | 2022 |
| The Boys And Girls Club Of Southern IllinoisCharitable Event | Carbondale, IL | $500 | 2022 |
| Southern Illinois Community FoundationMarion United Fund | Marion, IL | $25K | 2020 |
| Williamson County Historical SocietyGeneral & Unrestricted | Marion, IL | $5K | 2020 |
| Board Of Trustees Of Southern Illinois UniversityCharitable Event | Carbondale, IL | $5K | 2020 |
| City Of CarbondaleCharitable Event | Carbondale, IL | $5K | 2020 |
| Cochlear Implant Awareness Foundation IncGeneral & Unrestricted | Springfield, IL | $5K | 2020 |
| Marion Medical MissionGeneral & Unrestricted | Marion, IL | $5K | 2020 |
| Marion Chamber Of Commerce FoundationCharitable Event | Marion, IL | $3K | 2020 |
| Womens Center IncorporatedGeneral & Unrestricted | Carbondale, IL | $2K | 2020 |