Rockwater Foundation
Rockwater Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39.0M in total assets. In 2024, it awarded 8 grants totaling $3.2M. Net investment income was $8.4M.
Rockwater Foundation at a glance
In short: Rockwater Foundation gave $3.2M across 8 grants in 2024 (avg $398K), top state Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,187,524
- -3.9% vs 2023
- Grants made (2024)
- 8
- +60.0% vs 2023
- Average grant
- $398,441
- -40.0% vs 2023
- Median grant
- $225,000
- Total assets
- $38,971,797
- +9.1% vs 2023
- Primary geography
- Virginia (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Rockwater Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was International Justice Mission ($1.5M). Together the top 8 received $3.2M.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 32 (31%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Rockwater Foundation gives
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 178% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.0M (2020) to $4.4M (2022). In 2024 it made 8 grants totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| International Justice Mission Arlington, VA | Trafficking in the Ghana Fishing and Cocoa Industries | $1,523,564 |
| Reality San Francisco Church San Francisco, CA | General Support | $513,960 |
| Able Works San Francisco, CA | General Support | $450,000 |
| Bibleproject Portland, OR | General Support | $250,000 |
| Rocket Dog Rescue Inc San Francisco, CA | General Support | $200,000 |
| Minnehaha Academy Minneapolis, MN | General Support | $150,000 |
| Awake Inc Topeka, KS | General Support | $50,000 |
| Mission Dolores Academy San Francisco, CA | General Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $38,971,797 | $11,611,129 | $3,373,480 | $3,187,524 | 8 | $3,260,934 | $8,440,219 | $1,827,484 |
| 2023 | $35,718,825 | $1,007,846 | $3,534,987 | $3,318,206 | 5 | $3,404,079 | $1,055,802 | $1,816,869 |
| 2022 | $35,263,504 | $3,151,153 | $44,089,532 | $4,413,373 | 11 | $4,483,566 | $417,391 | $2,460,516 |
| 2021 | $92,366,995 | $2,770,754 | $3,657,925 | $3,072,244 | 3 | $3,148,644 | $6,520,175 | $4,415,998 |
| 2020 | $74,608,640 | $3,803,013 | $2,441,680 | $1,993,333 | 5 | — | $4,393,047 | $3,550,119 |
Under IRS private-foundation payout rules, Rockwater Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Rockwater Foundation is led by Amy Dh Wagner, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amy Dh Wagner
President & Director
On filings since 2020
1 hr/week
No compensation reported
Benjamin Eh Wagner
Director
On filings since 2020
1 hr/week
No compensation reported
Jackson Hm Wagner
Secretary, Treasurer & Director
Director → Secretary, Treasurer & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
James Ch Wagner
Director
Secretary, Treasurer, Director & Director → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Wayne Os Haig
Director
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Rockwater Foundation
How much does Rockwater Foundation give each year?
Rockwater Foundation gave $3.2M across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.3M across 5 grants.
What is Rockwater Foundation's typical grant size?
Rockwater Foundation's median grant in 2024 was $225,000, and its average grant was $398,441, across 8 grants on its 2024 IRS Form 990-PF.
Where does Rockwater Foundation give grants?
Rockwater Foundation's top state is Virginia, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (38%) and Oregon (8%). The most frequent recipient cities were San Francisco, CA (4 grants).
Does Rockwater Foundation give general operating support?
Yes: 88% of Rockwater Foundation's 2024 grants with a stated purpose (7 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Rockwater Foundation's largest grantees?
Rockwater Foundation's largest 2024 grantees include International Justice Mission ($1,523,564), Reality San Francisco Church ($513,960) and Able Works ($450,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Rockwater Foundation?
Rockwater Foundation reported $39.0M in total assets on its 2024 IRS Form 990-PF. It paid out $3.3M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
What is Rockwater Foundation's EIN?
Rockwater Foundation's EIN (Employer Identification Number) is 46-1537126. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Rockwater Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Rockwater Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/rockwater-foundation-morg_31199b1844eb459f9c0ba8602e7221bb
BibTeX
@misc{grantable_461537126_2026,
author = {{Grantable}},
title = {{Rockwater Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rockwater-foundation-morg_31199b1844eb459f9c0ba8602e7221bb},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Rockwater Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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