Waterstone Supporting Organization
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Christian Community Foundation Inc Dba Waterstone ($21,585,926), Hexagon Foundation ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRISTIAN COMMUNITY FOUNDATION INC DBA WATERSTONE COLORADO SPRINGS, CO | GENERAL SUPPORT | $21,585,926 |
| HEXAGON FOUNDATION COLORADO SPRINGS, CO | GENERAL SUPPORT | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD LAVINSKI | TRUSTEE | 1 | — |
| RICHARD VON GNECHTEN | TRUSTEE | 1 | — |
| CHRIS START | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Waterstone Supporting Organization?
Waterstone Supporting Organization is a nonprofit organization focused on Community Improvement & Capacity Building, based in COLORADO SPRINGS, CO. It holds $150.3M in total assets as of 2023.
How large is Waterstone Supporting Organization?
As of 2023, Waterstone Supporting Organization holds $150.3M in total assets with $82.6M in annual revenue. It awarded 2 grants totaling $22.1M in 2023.
Where does Waterstone Supporting Organization operate?
Waterstone Supporting Organization has awarded grants in California, Colorado, Florida, Georgia, Missouri, Montana, North Carolina, Nebraska, New York, Pennsylvania, Tennessee, Texas.
What size grants does Waterstone Supporting Organization award?
In 2023, Waterstone Supporting Organization awarded 2 grants totaling $22.1M — an average of about $11.0M per grant, based on its IRS Form 990 filings.
What is Waterstone Supporting Organization's EIN?
Waterstone Supporting Organization's EIN (Employer Identification Number) is 45-4295864. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Waterstone Supporting Organization'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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