Waterfall Foundation
Waterfall Foundation is a private foundation, based in MESILLA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $469K in total assets. In 2024, it awarded 15 grants totaling $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$469K
-6.2% YoY
Annual Giving
$67K
+101.2% YoY
Grant Count
15
+66.7% YoY
Avg Grant Size
$4K
+20.7% YoY
Under IRS private-foundation payout rules, Waterfall Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Waterfall Foundation
Based on IRS filings
Waterfall Foundation is a private foundation, based in MESILLA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $469K in total assets. In 2024, it awarded 15 grants totaling $67K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $469,163 | $499,999 | $470,165 |
| Revenue | $49,526 | $41,521 | $33,138 |
| Expenses | $80,364 | $11,687 | $44,943 |
| Qualifying Distributions | $66,580 | $33,091 | $35,101 |
| Net Investment Income | — | $1,385 | $3,181 |
| Distributable Amount | $40,552 | $33,489 | $33,091 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Honor Flight of Snm ($8,373), Life Transition Meditation Center ($8,372), Oh My Jaw ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIFE TRANSITION MEDITATION CENTER SANTA FE, NM | HEALING THROUGH MEDITATION | $8,372 |
| OH MY JAW NEW YORK, NY | TMJ AND RELATED ILLNESSES | $8,000 |
| SOLID ROCK TEEN CENTER PHONENIX, AZ | TEEN CENTER | $372 |
| HONOR FLIGHT OF SNM LAS CRUCES, NM | VETERAN SUPPORT SERVICES | $8,373 |
| FIRE PHILADELPHIA, PA | INDIVIDUAL RIGHTS AND SUPPORT | $1,800 |
| HSLDA PURCEVILLE, VA | ADVOCATES FOR HOMESCHOOLING | $6,572 |
| GROW NYC NEW YORK, NY | FOOD SUSTAINABILITY | $1,272 |
| NAMI NYC NEW YORK, NY | MENTAL ILNESS ASSISTANCE | $2,000 |
| HER JUSTICE NEW YORK, NY | LEGAL ASSISTANCE TO WOMEN | $5,000 |
| HEALTH FREEDOM DEFENSE FUND KETCHUM, ID | MEDICAL FREEDOM SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BONNIE POLONER | PRES/DIR | — | — |
| HARRY POLONER | VP/DIR | — | — |
| MATTHEW POLONER | SEC/DIR | — | — |
| SUZANNE STONE | TREAS/DIR | — | — |
Frequently Asked Questions
How large is Waterfall Foundation?
As of 2024, Waterfall Foundation holds $469K in total assets with $50K in annual revenue. It awarded 15 grants totaling $67K in 2024.
Where does Waterfall Foundation operate?
Waterfall Foundation has awarded grants in Arizona, California, Georgia, Idaho, Minnesota, New Mexico, New York, Ohio, Pennsylvania, Virginia.
What size grants does Waterfall Foundation award?
In 2024, Waterfall Foundation awarded 15 grants totaling $67K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Waterfall Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Waterfall Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Waterfall Foundation's EIN?
Waterfall Foundation's EIN (Employer Identification Number) is 85-0362898. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Waterfall 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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