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Waterstone Supporting Organization

COLORADO SPRINGS, CO EIN: 45-4295864 Website

SUPPORT THE PURPOSES OF CHRISTIAN COMMUNITY FOUNDATION, INC. DBA WATERSTONE.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$150.3M

+74.3% YoY

Annual Giving

$22.1M

-51.3% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$11.0M

-2.7% YoY

About Waterstone Supporting Organization

Based on IRS filings

Waterstone Supporting Organization is a nonprofit organization focused on Community Improvement & Capacity Building, based in COLORADO SPRINGS, CO. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $150.3M in total assets. In 2023, it awarded 2 grants totaling $22.1M. Net investment income was $17.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

ABELINEALPHARETTABILLINGSBRANSONCOLORADO SPRINGSCYPRESSDALLASFORT WORTHFRANKLINHOUSTONIRVINEJERSEY VILLAGELA MIRADALITITZMALIBUMIDLANDNEW YORKORLANDOPLANORALEIGH

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34M$67M$101M$134M2020202120222023
Metric202320222021
Total Assets$150,327,642$86,237,462$40,765,931
Revenue$82,555,170$121,997,589$77,364,111
Expenses$25,297,765$47,538,157$39,517,200
Qualifying Distributions
Net Investment Income$17,625,104$32,191,476$37,881,351
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11M$23M$34M$45M25 grants20209 grants20214 grants20222 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

CHRISTIAN COMMUNITY FOUN…$21.6MHEXAGON FOUNDATION$500K

Grant Size Distribution

40 grants across all recorded years

21<$50K3$50–100K6$100–250K$250–500K3$500K–1M2$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
RICHARD LAVINSKITRUSTEE1
RICHARD VON GNECHTENTRUSTEE1
CHRIS STARTTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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