The Water Fund
The Water Fund is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it made $1.0M in qualifying distributions. Net investment income was $4.
The Water Fund at a glance
- Total assets
- $4,617,421
- +26.4% vs 2023
- Revenue (2024)
- $646,891
- +2.4% vs 2023
- Qualifying distributions (2024)
- $1,029,270
- +162.4% vs 2023
- Expenses (2024)
- $721,524
- +29.4% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Water Fund funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Water Fund gives
- In 2024 it paid out well above 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 2022, annual grant giving ranged from $13K (2020) to $24K (2022). In 2022 it made 2 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad of Taos Taos, NM | Charitable | $14,000 |
| United Lubavitch Yeshiva Ocean Parkway Brooklyn, NY | Charitable | $10,000 |
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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 | $4,617,421 | $646,891 | $721,524 | — | — | $1,029,270 | $4 | $4,684 |
| 2023 | $3,652,054 | $631,720 | $557,556 | — | — | $392,279 | $59 | $4,251 |
| 2022 | $3,327,890 | $1,479,401 | $514,246 | $24,000 | 2 | $1,768,236 | $509 | $24,163 |
| 2021 | $1,562,735 | $581,196 | $506,775 | $15,000 | 1 | $15,000 | $1,246 | $40,672 |
| 2020 | $1,510,772 | $376,820 | $448,863 | $13,400 | 2 | — | $1,416 | $38,224 |
Under IRS private-foundation payout rules, The Water Fund reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Water Fund is led by Mendel Rabkin, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mendel Rabkin
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Shalom Rabkin
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Yossef Rabkin
Vice President
On filings since 2020
0.1 hrs/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 The Water Fund
How large is The Water Fund?
The Water Fund reported $4.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
Where does The Water Fund operate?
The Water Fund has awarded grants in Minnesota, New Mexico, New York.
What is The Water Fund's EIN?
The Water Fund's EIN (Employer Identification Number) is 05-0526704. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Water Fund's focus areas in our free grants database
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