The Watersplash Giving Foundation
The Watersplash Giving Foundation is a private foundation based in Wilmington, Delaware. Its 2025 filing reports grants to charitable organizations, including organizations serving people in the Cincinnati area and recipients in California and Minnesota.
The Watersplash Giving Foundation at a glance
In short: The Watersplash Giving Foundation gave $103K across 20 grants in 2025 (avg $5K), mostly in Ohio. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $103,000
- +14.4% vs 2024
- Grants made (2025)
- 20
- -4.8% vs 2024
- Average grant
- $5,150
- +20.2% vs 2024
- Median grant
- $5,000
- Total assets
- $2,374,423
- -0.8% vs 2024
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2025; small sample)
- Primary geography
- Ohio (77% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Watersplash Giving Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Watersplash Giving Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was People Working Cooperatively Inc ($7K). Together the top 10 received $61K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 61 grants of 61 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that recipients in Ohio received 77% of grant dollars, California recipients received 17%, and Minnesota recipients received 6%.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is The Watersplash Giving Foundation open to new grantees?
10%
first-time grantees, 2025
In 2025, 2 of 20 grantees (10%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $6K; repeat grants $5K. How we count
Medians: $6K first-time, $5K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $80K (2023) to $103K (2025). In 2025 it made 20 grants totaling $103K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| People Working Cooperatively Inc Cincinnati, OH | General & Unrestricted | $7,000 |
| Planned Parenthood Southwest Ohio Region Cincinnati, OH | General & Unrestricted | $7,000 |
| Crayons to Computers Inc Cincinnati, OH | General & Unrestricted | $6,000 |
| Extrafood Org Kentfield, CA | General & Unrestricted | $6,000 |
| Freestore-Foodbank Inc Cincinnati, OH | General & Unrestricted | $6,000 |
| League for Animal Welfare Batavia, OH | General & Unrestricted | $6,000 |
| Society of St Vincent Depaul Particular Council of Cincinnati, OH | General & Unrestricted | $6,000 |
| Tender Mercies Inc Cincinnati, OH | General & Unrestricted | $6,000 |
| The Food Group Minnesota Inc New Hope, MN | General & Unrestricted | $6,000 |
| Cain Cincy Cincinnati, OH | General & Unrestricted | $5,000 |
Ready to take the next step with The Watersplash Giving Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,374,423 | $108,673 | $127,867 | $103,000 | 20 | $118,783 | $133,414 | $129,220 |
| 2024 | $2,393,617 | $96,280 | $113,143 | $90,000 | 21 | $105,117 | $164,971 | $121,694 |
| 2023 | $2,410,480 | $25,518 | $100,180 | $80,000 | 20 | $94,411 | $217,355 | $108,780 |
| 2022 | $2,485,142 | $28,948 | $42,590 | — | — | $17,913 | $1,190,662 | $94,297 |
| 2021 | $2,498,784 | $2,498,784 | — | — | — | — | — | $5,362 |
Under IRS private-foundation payout rules, The Watersplash Giving Foundation reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as home repair, animal welfare, homelessness, food assistance, education, health advocacy, and women’s economic mobility. For example, People Working Cooperatively describes its mission as helping low-income homeowners remain in their homes through critical repairs and services; Tender Mercies describes its work as providing housing and community for homeless adults with mental illness; and the Celiac Disease Foundation describes its work as advancing diagnosis, treatments, and a cure for celiac disease.
Grantmaking
In 2025, the foundation gave $103,000 through 20 grants. Grants ranged from $3,000 to $7,000, with a median grant of $5,000. Notable grants included $7,000 to People Working Cooperatively and $7,000 to Planned Parenthood Southwest Ohio Region; $6,000 each to the League for Animal Welfare, Tender Mercies, and ExtraFood.org; and $5,000 each to CAIN Cincy, CISE, and Community Matters Cincinnati.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Caroline L Good as director, president, secretary, and treasurer. It lists Charles F Good, Jack Wilson Good, and Kathleen Elise Good as directors.
The Watersplash Giving Foundation is led by Caroline L Good, Director, President, Secretary & Treasurer on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Caroline L Good
Director, President, Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Charles F Good
Director
On filings since 2021
1 hr/week
No compensation reported
Jack Wilson Good
Director
On filings since 2021
1 hr/week
No compensation reported
Kathleen Elise Good
Director
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Watersplash Giving Foundation
How much does The Watersplash Giving Foundation give each year?
The Watersplash Giving Foundation gave $103K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $90K across 21 grants.
What is The Watersplash Giving Foundation's typical grant size?
The Watersplash Giving Foundation's median grant in 2025 was $5,000, and its average grant was $5,150, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Watersplash Giving Foundation that year got $6K on average.
Where does The Watersplash Giving Foundation give grants?
The Watersplash Giving Foundation gives mostly in Ohio: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (17%) and Minnesota (6%). The most frequent recipient cities were Cincinnati, OH (11 grants) and San Francisco, CA (2 grants).
Does The Watersplash Giving Foundation give general operating support?
Yes: 100% of The Watersplash Giving Foundation's 2025 grants with a stated purpose (20 of 20) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Watersplash Giving Foundation's largest grantees?
The Watersplash Giving Foundation's largest 2025 grantees include People Working Cooperatively Inc ($7,000), Planned Parenthood Southwest Ohio Region ($7,000) and Crayons to Computers Inc ($6,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is The Watersplash Giving Foundation?
The Watersplash Giving Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $119K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Watersplash Giving Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as home repair, animal welfare, homelessness, food assistance, education, health advocacy, and women’s economic mobility. See mission & focus areas ↑
How do I apply for a grant from The Watersplash Giving Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Watersplash Giving Foundation's EIN?
The Watersplash Giving Foundation's EIN (Employer Identification Number) is 87-3797482. IRS Form 990 filing data is available on this page for 2021–2025.
Does The Watersplash Giving Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in The Watersplash Giving Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Watersplash Giving Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-watersplash-giving-foundation-morg_dc40b0dad52e4635854ecbdde7e30d0d
BibTeX
@misc{grantable_873797482_2026,
author = {{Grantable}},
title = {{The Watersplash Giving Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-watersplash-giving-foundation-morg_dc40b0dad52e4635854ecbdde7e30d0d},
note = {Accessed 2026-10-12. 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 The Watersplash Giving 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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