The Waterfall Foundation Inc is a public charity and supporting organization established in Georgia in 2000. Operating as a subordinate organization under the Community Foundation for Greater Atlanta, Inc., the foundation serves as a vehicle for philanthropic giving to other charitable organizations.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$-969,035
-104.5% YoY
Annual Giving
$21.2M
+533.5% YoY
Grant Count
5
-90.0% YoY
Avg Grant Size
$4.2M
+6234.7% YoY
Mission & Focus Areas
Mission: To serve as a supporting organization for other charitable organizations.
Primary Program: Direct grants to 501(c)(3) organizations which achieve charitable purposes.
Funding Interests: The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with geographic emphasis in Georgia, Virgin Islands, and Massachusetts.
Grantmaking
The Waterfall Foundation makes grants to qualified 501(c)(3) organizations. Recent grant activity includes:
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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
As of 2024:
- Total assets: $21,453,535
- Total revenues: $1,853,226
- Total expenses: $4,240,820
- Number of employees: 0
Most Recent Tax Filing: June 1, 2024
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $-969,035 | $21,453,535 | $23,841,129 |
| Revenue | $1,042,635 | $1,853,226 | $2,016,518 |
| Expenses | $21,965,205 | $4,240,820 | $4,527,433 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $256,452 | $1,608,163 | $1,814,515 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
202 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Fidelity Investments Charitable Gift Fund ($20,930,045), St Croix Mission Outreach ($100,000), Candler Park Conservancy ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | TRANSFER OF REMAINING ASSETS UPON DISSOLUTION TO SUPPORT CHARITABLE MISSIONS | $20,930,045 |
| ST CROIX MISSION OUTREACH CHRISTIANSTED, VI | CHARITABLE SUPPORT | $100,000 |
| CANDLER PARK CONSERVANCY ATLANTA, GA | CHARITABLE SUPPORT | $50,000 |
| COMMUNITY FRIENDSHIP INC ATLANTA, GA | CHARITABLE SUPPORT | $50,000 |
| INNER-CITY MUSLIM ACTION NETWORK CHICAGO, IL | CHARITABLE SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Suzanne Sackleh
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIN DRURY | TRUSTEE | 0.5 | — |
| WENDY MOORE | TRUSTEE | 0.5 | — |
| MICHAEL MASTERS | TRUSTEE | 0.5 | — |
| SUZANNE SACKLEH | CHAIRMAN | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Waterfall Foundation Inc fund?
**Mission:** To serve as a supporting organization for other charitable organizations. **Primary Program:** Direct grants to 501(c)(3) organizations which achieve charitable purposes. **Funding Interests:** The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with geographic emphasis in Georgia, Virgin Islands, and Massachusetts.
How do I apply for a grant from The Waterfall Foundation Inc?
The Waterfall Foundation makes grants to qualified 501(c)(3) organizations. Recent grant activity includes: • **The Trust for Public Land:** $350,000 (2024) • **Chattahoochee Nature Center:** $250,000 (2024) • **Chastain Park Conservancy:** $200,000 (2024) **Grant Activity Summary:** • Total giving: $21,180,045 (most recent filing) • Typical award range: $10,000–$20,930,045 • The foundation made 49+ grants in recent reporting periods, totaling $3,303,470 across documented recipients
What size grants does The Waterfall Foundation Inc award?
In 2025, The Waterfall Foundation Inc awarded 5 grants totaling $21.2M — an average of about $4.2M per grant, based on its IRS Form 990 filings.
What is The Waterfall Foundation Inc's EIN?
The Waterfall Foundation Inc's EIN (Employer Identification Number) is 58-2442068. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Waterfall Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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