Waterfall Foundation

Public charity · Grantmaker Fairbanks, AK EIN: 54-1980898

To raise awareness and money for health care issues in Alaska.

Waterfall Foundation at a glance

In short: Waterfall Foundation gave $230K across 3 grants in 2024 (avg $77K), mostly in Alaska. Source: 2024 IRS Form 990.

Annual giving (2024)
$230,000
+0.0% vs 2023
Grants made (2024)
3
+0.0% vs 2023
Average grant
$76,667
+0.0% vs 2023
Median grant
$20,000
Total assets
$307,307
+3.8% vs 2023
Primary geography
Alaska (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Waterfall Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Breast Cancer Detection Center of Alaska: $200KBreast Cancer Detection Centerof Alaska$200KKetchikan Medical Center Foundation: $20KKetchikan Medical CenterFoundation$20KWrangell Medical Center Foundation: $10KWrangell Medical CenterFoundation$10K

The largest 2024 recipient was Breast Cancer Detection Center of Alaska ($200K). Together the top 3 received $230K.

Grant Size Distribution

11 grants across all recorded years

6<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 11 (55%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

FairbanksKetchikanJuneau

How Waterfall Foundation gives

  • Giving grew 35% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 2 grants2021 2 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $150K (2020) to $230K (2024). In 2024 it made 3 grants totaling $230K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Breast Cancer Detection Center of Alaska Fairbanks, AKHealth Screening$200,000
Ketchikan Medical Center Foundation Ketchikan, AKHealth Screening$20,000
Wrangell Medical Center Foundation Juneau, AKHealth Screening$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$307,307$355,161$328,778$230,0003$437
2023$295,924$484,688$288,979$230,0003$247
2022$105,215$275,720$283,407$220,0002$138
2021$97,402$267,808$249,791$170,0002$77
2020$66,385$98,470$203,973$150,0001$81

About Waterfall Foundation

Based on IRS filings

Waterfall Foundation is a public charity focused on Human Services, based in Fairbanks, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $307K in total assets. In 2024, it awarded 3 grants totaling $230K. Net investment income was $437.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Waterfall Foundation is led by Eileen Van Wyhe, Executive Director & Secretary on every filing since 2020; 1 of 10 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Eileen Van Wyhe

    Executive Director & Secretary

    On filings since 2020

    14 hrs/week

    $36K (2020) → $36K (2024)

  • Nancy Murkowski

    President

    Honorary Chair → President, 2024

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Andrew Lundquist

    Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joel Gilbertson

    Assistant Treasurer

    President → Assistant Treasurer, 2024

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • John Minge

    Board Member

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joseph Everhart

    Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Marilyn Romano

    Assistant Secretary

    Board Member → Assistant Secretary, 2024

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Sam Kito

    Board Member

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • David Karp

    Board Member

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Mike Pawlowski

    Board Member

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Kriss Knauss (2022–2023) — Board Member

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.

Compensation Overview

From 2024 IRS filing

Eileen Van Wyhe — Ex. Director/Secr.: $36KEileen Van WyheEx. Director/Secr.$36K

The highest reported compensation on the 2024 filing was $36K, to Eileen Van Wyhe (Ex. Director/Secr.).

Frequently asked questions about Waterfall Foundation

How much does Waterfall Foundation give each year?

Waterfall Foundation gave $230K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $230K across 3 grants.

What is Waterfall Foundation's typical grant size?

Waterfall Foundation's median grant in 2024 was $20,000, and its average grant was $76,667, across 3 grants on its 2024 IRS Form 990.

Where does Waterfall Foundation give grants?

Waterfall Foundation gives mostly in Alaska: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.

Does Waterfall Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Waterfall Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Health Screening" (3 grants).

How large is Waterfall Foundation?

Waterfall Foundation reported $307K in total assets on its 2024 IRS Form 990. Its revenue that year was $355K.

What is Waterfall Foundation?

Waterfall Foundation is a public charity focused on Human Services, based in Fairbanks, AK. It holds $307K in total assets as of 2024.

What is Waterfall Foundation's EIN?

Waterfall Foundation's EIN (Employer Identification Number) is 54-1980898. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 13, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 28, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Waterfall 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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