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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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