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Watersite Foundation is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 2022. It holds total assets of $1M. Annual income is reported at $137K. THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS. According to available records, Watersite Foundation has made 10 grants totaling $40K, with a median grant of $4K. Annual giving has grown from $2K in 2022 to $38K in 2023. Individual grants have ranged from $1K to $10K, with an average award of $4K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Indiana and New York and Tennessee. Contributions to this foundation are tax-deductible.
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS.
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IN, NY, TN.
Watersite Foundation has distributed a total of $40K across 10 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $1K to $10K.
Watersite Foundation typically selects its grantees rather than accepting unsolicited proposals.
Watersite Foundation is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Vance | TRUSTEE | $0 | $0 | $0 |
| Allen Galloway | TRUSTEE | $0 | $0 | $0 |
Total Giving
$47K
Total Assets
$933K
Fair Market Value
$986K
Net Worth
$933K
Grants Paid
$38K
Contributions
$0
Net Investment Income
$21K
Distribution Amount
$47K
Total: $0
Total Grants
10
Total Giving
$40K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marian UniversityUNRESTRICTED | Indianapolis, IN | $10K | 2023 |
| Doctors Without Borders Usa IncUNRESTRICTED | New York, NY | $6K | 2023 |
| Little Red Door Cancer AgencyUNRESTRICTED | Indianapolis, IN | $6K | 2023 |
| Ivy Tech Foundation IncUNRESTRICTED | Indianapolis, IN | $5K | 2023 |
| Scholarships For Speedway IncUNRESTRICTED | Speedway, IN | $5K | 2023 |
MANHATTAN BCH, CA
LAKE OSWEGO, OR
ESTACADA, OR
WESTBOROUGH, MA
SARATOGA SPGS, NY
| Indiana State Games IncUNRESTRICTED | Evansville, IN | $3K | 2023 |
| Purdue Fort Wayne FoundationUNRESTRICTED | Fort Wayne, IN | $2K | 2023 |
| Bota FoundationUNRESTRICTED | Chattanoga, TN | $2K | 2023 |
| Holliday Park FoundationUNRESTRICTED | Indianapolis, IN | $1K | 2022 |
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