Waterside School Inc logo

Waterside School Inc

Foundation · Grantmaker Stamford, CT EIN: 06-1609222 Website

To provide a superb, well-rounded early year educational foundation for motivated, disadvantaged children, starting with pre-kindergarten through fifth grade.

Key facts about Waterside School Inc

In short: Waterside School Inc gave $146K across 12 grants in 2025 (avg $12K), mostly in Connecticut. 50% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
06-1609222
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$145,691
Grants made (2025)
12
Average grant
$12,141
Median grant
$10,000
New grantees (estimate)
50% first-time grantees (6 of 12, 2025)
Total assets
$78,119,884
Primary geography
Connecticut (50% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$78.1M

+5.9% YoY

Annual Giving

$146K

+28.4% YoY

Grant Count

12

+33.3% YoY

Avg Grant Size

$12K

-3.7% YoY

Is Waterside School Inc open to new grantees?

50%

first-time grantees, 2025

In 2025, 6 of 12 grantees (50%) were first-time recipients. First grants averaged $9K; repeat grants $16K. How we count

Medians: $10K first-time, $13K repeat.

  • 25% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−6%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

About Waterside School Inc

Based on IRS filings

Waterside School Inc is a nonprofit organization focused on Education, based in Stamford, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $78.1M in total assets. In 2025, it awarded 12 grants totaling $146K. Net investment income was $1.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of all 12 itemized 2025 grant dollars.

Cities

FairfieldStorrsGreenwichVillanovaWashingtonBronxHamdenHamptonPhiladelphiaRichmondRyeAnnandaleonhudsonAtlantaBiddefordClintonDobbs FerryEvanstonFarifieldHamiltonLos Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants20190 grants202011 grants20219 grants20228 grants20239 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Connecticut: $27KUniversity of Connecticut$27KQuinnipiac University: $20KQuinnipiac University$20KHoward University: $17KHoward University$17KArchbishop Stepinac High School: $11KArchbishop Stepinac HighSchool$11KColgate University: $10KColgate University$10KFordham University: $10KFordham University$10KHamilton College: $10KHamilton College$10KHampton University: $10KHampton University$10KSacred Heart University: $10KSacred Heart University$10KThe Unquowa School: $10KThe Unquowa School$10K

Grant Size Distribution

49 grants across all recorded years

48<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNIVERSITY OF CONNECTICUT Storrs, CTSTUDENT TUITION$26,500
QUINNIPIAC UNIVERSITY Hamden, CTSTUDENT TUITION$20,000
HOWARD UNIVERSITY Washington, DCSTUDENT TUITION$16,500
ARCHBISHOP STEPINAC HIGH SCHOOL White Plains, NYSTUDENT TUITION$10,521
COLGATE UNIVERSITY Hamilton, NYSTUDENT TUITION$10,000
FORDHAM UNIVERSITY Bronx, NYSTUDENT TUITION$10,000
HAMILTON COLLEGE Clinton, NYSTUDENT TUITION$10,000
HAMPTON UNIVERSITY Hampton, VASTUDENT TUITION$10,000
SACRED HEART UNIVERSITY Fairfield, CTSTUDENT TUITION$10,000
THE UNQUOWA SCHOOL Farifield, CTSTUDENT TUITION$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2019202020212022202320242025
Metric202520242023
Total Assets$78,119,884$73,779,150$68,105,804
Revenue$10,592,836$10,951,279$11,327,132
Expenses$10,742,314$10,559,704$10,025,137
Qualifying Distributions———
Net Investment Income$1,329,346$1,596,540$2,209,539
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Waterside School Inc is led by Joseph Powers, Executive Director on every filing since 2024; 8 of 32 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Joseph Powers

    Executive Director

    On filings since 2024

    40 hrs/week

    $180K (2024) → $369K (2025)

  • Michael Schwabe

    Director & Chair Finance Committee

    Director Chair Finance Com → Director Chair Finance Committee, 2022

    Director Chair Finance Committee → Director & Chair Finance Committee, 2023

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Lisa Garratt Stuart

    Chair

    Director → Chair, 2021

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Jamel Keels

    Director of Development

    Director → Head of School - Executive Officio, 2020

    Head of School - Executive Officio → Director of Development, 2025

    On filings since 2019

    40 hrs/week

    $138K (2019) → $188K (2025)

  • Corrie Donaldson

    Director of Admissions & Teacher

    New on the 2025 filing

    40 hrs/week

    $102K (2025)

  • Jonathan Duennebier

    Director of Alumni Successor

    New on the 2025 filing

    40 hrs/week

    $106K (2025)

  • A. Joe Delgado

    Director

    Dirctor → Director, 2020

    On filings since 2019

    4 hrs/week

    No compensation reported

  • James D. Carey

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • John Hock

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Kevin Gasvoda

    Director

    Board Chairman → Chair, 2020

    Chair → Director, 2021

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Matthew Lucey

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Merrick R. Rick Kleeman

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Nancy Better

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Richard Axilrod

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Robert Glanville

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Robert Morris

    Director

    Chairman Emeritus → Director, 2020

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Rose Shabet

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Ted Ferrarone

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Tim Armstrong

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • William Hennessey

    Director

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Bart D. Osman

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Kirsten Dzialga

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Toby Cobb

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Debby Weinberg

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Joseph Boateng

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Philip A. Hadley

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Daniel Taylor

    Director

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Duncan Edwards

    Former Officer & Consultant

    Former Executive Director → Former Officer, 2023

    Former Officer → Former Officer & Consultant, 2024

    On filings since 2019

    20 hrs/week

    $201K (2019) → $233K (2025)

  • Jessica C. Chang

    Assistant Head of School

    Dean of Studies → Assistant Head of School, 2025

    On filings since 2024

    40 hrs/week

    $103K (2024) → $104K (2025)

  • Charles Leigh

    Controller

    New on the 2025 filing

    24 hrs/week

    $74K (2025)

  • Lavandra Dupree

    Parent Services Lead

    New on the 2025 filing

    40 hrs/week

    $102K (2025)

  • Konrad R. Kruger

    Founder

    Director → Founder, 2020

    On filings since 2019

    4 hrs/week

    No compensation reported

Former officers (15)
  • Former: David Olson (2022–2024) — Executive Director
  • Former: Kaitlyn E. Winterbottom (2023–2024) — Director of Development
  • Former: Eryn Bingle (2019–2023) — Director
  • Former: James W. Berger (2019–2023) — Director
  • Former: Jody A. Visage (2019–2023) — Director
  • Former: Carmen Hughes (2021–2023) — Director
  • Former: Michael Vranos (2019–2021) — Director
  • Former: Steven Marks (2019–2021) — Director
  • Former: Tanja Ellis (2019–2021) — Director
  • Former: Tom Arrix (2019–2021) — Director
  • Former: Barnett D. Osman (2019) — Director
  • Former: Kristen Dzialga (2019) — Director
  • Former: Lisa Stewart (2019) — Director
  • Former: Thomas O'Malley Jr. (2019) — Director
  • Former: Tobin Cobb (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Joseph Powers — Executive Director (Thru 6/30/25): $369KJoseph PowersExecutive Director (Thru…$369KDuncan Edwards — Former Officer, Consultant: $233KDuncan EdwardsFormer Officer, Consultant$233KJamel Keels — Director of Development: $188KJamel KeelsDirector of Development$188KJonathan Duennebier — Dir of Alumni Success: $106KJonathan DuennebierDir of Alumni Success$106KJessica C Chang — Asst Head of School: $104KJessica C ChangAsst Head of School$104KCorrie Donaldson — Director of Admissions & Teacher: $102KCorrie DonaldsonDirector of Admissions & Teacher$102KLavandra Dupree — Parent Services Lead: $102KLavandra DupreeParent Services Lead$102KCharles Leigh — Controller: $74KCharles LeighController$74K

Frequently asked questions about Waterside School Inc

How much does Waterside School Inc give each year?

Waterside School Inc gave $146K across 12 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $114K across 9 grants.

What is Waterside School Inc's typical grant size?

Waterside School Inc's median grant in 2025 was $10,000, and its average grant was $12,141, across 12 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Waterside School Inc that year got $9K on average.

Where does Waterside School Inc give grants?

Waterside School Inc gives mostly in Connecticut: 50% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were New York (28%) and District of Columbia (11%).

Does Waterside School Inc give general operating support?

Not in 2025: none of the 12 grants with a stated purpose on Waterside School Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Student Tuition" (12 grants).

Who are Waterside School Inc's largest grantees?

Waterside School Inc's largest 2025 grantees include University of Connecticut ($26,500), Quinnipiac University ($20,000) and Howard University ($16,500), according to its 2025 IRS Form 990. Together they received 43% of its itemized 2025 grant dollars.

How large is Waterside School Inc?

Waterside School Inc reported $78.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.6M.

What is Waterside School Inc?

Waterside School Inc is a nonprofit organization focused on Education, based in Stamford, CT. It holds $78.1M in total assets as of 2025.

What is Waterside School Inc's EIN?

Waterside School Inc's EIN (Employer Identification Number) is 06-1609222. IRS Form 990 filing data is available on this page for 2019–2025.

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

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