The Waterfall Family Foundation
The Waterfall Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 20 grants totaling $123K. Net investment income was $316K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+12.5% YoY
Annual Giving
$123K
-23.1% YoY
Grant Count
20
-35.5% YoY
Avg Grant Size
$6K
+19.2% YoY
Under IRS private-foundation payout rules, The Waterfall Family Foundation reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
About The Waterfall Family Foundation
Based on IRS filings
The Waterfall Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 20 grants totaling $123K. Net investment income was $316K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,714,357 | $1,524,287 | $1,576,426 |
| Revenue | $355,919 | $155,789 | $104,036 |
| Expenses | $165,849 | $207,928 | $183,180 |
| Qualifying Distributions | $126,237 | $163,186 | $116,788 |
| Net Investment Income | $316,307 | $111,047 | $37,644 |
| Distributable Amount | $123,114 | $105,689 | $107,271 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Society of the Four Arts ($25,000), New York Historical Society ($23,480), Citytrack Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON COLLEGE CHESTNUT HILL, MA | GENERAL SUPPORT | $250 |
| THE BREARLEY SCHOOL NEW YORK, NY | GENERAL SUPPORT | $500 |
| GARY & VIVIENNE PLAYER FOUNDATION SCHWENKSVILLE, PA | GENERAL SUPPORT | $500 |
| COLUMBIA UNIVERSITY NEW YORK, NY | GENERAL SUPPORT | $500 |
| WESTHAMPTON BEACH PERFORMING ARTS CENTER WESTHAMPTON BEACH, NY | GENERAL SUPPORT | $500 |
| THE MICHAEL J FOX FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $850 |
| PALM BEACH SYMPHONY WEST PALM BEACH, FL | GENERAL SUPPORT | $1,000 |
| PALM BEACH CIVIC ASSOCIATION PALM BEACH, FL | GENERAL SUPPORT | $1,000 |
| NEW ENGLAND WILDLIFE CENTER WEYMOUTH, MA | GENERAL SUPPORT | $1,000 |
| LEXINGTON COMMUNITY FARM LEXINGTON, MA | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN H WATERFALL | PRESIDENT/TREASURER/DIRECTOR | — | — |
| SCOTT STRAUS | SECRETARY/ DIRECTOR | — | — |
| JANE WATERFALL | DIRECTOR | — | — |
| JOHN WATERFALL JR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Waterfall Family Foundation?
The Waterfall Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $1.7M in total assets as of 2024.
How large is The Waterfall Family Foundation?
As of 2024, The Waterfall Family Foundation holds $1.7M in total assets with $356K in annual revenue. It awarded 20 grants totaling $123K in 2024.
Where does The Waterfall Family Foundation operate?
The Waterfall Family Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Wisconsin.
What size grants does The Waterfall Family Foundation award?
In 2024, The Waterfall Family Foundation awarded 20 grants totaling $123K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Waterfall Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Waterfall Family Foundation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Waterfall Family Foundation's EIN?
The Waterfall Family Foundation's EIN (Employer Identification Number) is 04-3752549. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Waterfall Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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