Waterstone Supporting Organization Trust 1
Support the purposes of christian community foundation, inc. Dba waterstone.
Key facts about Waterstone Supporting Organization Trust 1
In short: Waterstone Supporting Organization Trust 1 gave $21.6M across 3 grants in 2024 (avg $7.2M), mostly in Colorado. Source: 2024 IRS Form 990.
- EIN
- 45-4295864
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $21,637,722
- Grants made (2024)
- 3
- Average grant
- $7,212,574
- Median grant
- $6,104
- Total assets
- $235,579,666
- Primary geography
- Colorado (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$235.6M
+56.7% YoY
Annual Giving
$21.6M
-2.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$7.2M
-34.7% YoY
How Waterstone Supporting Organization Trust 1 gives
- Giving fell 43% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Waterstone Supporting Organization Trust 1
Based on IRS filings
Waterstone Supporting Organization Trust 1 is a public charity focused on Community Improvement & Capacity Building, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235.6M in total assets. In 2024, it awarded 3 grants totaling $21.6M. Net investment income was $13.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $17.3M (2020) to $45.4M (2022). In 2024 it made 3 grants totaling $21.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Waterstone Support Foundation Inc ($21.6M). Together the top 3 received $21.6M.
Grant Size Distribution
44 grants across all recorded years
The most common grant size was under $50K: 23 grants of 44 (52%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Waterstone Support Foundation Inc Colorado Springs, CO | General Support | $21,625,515 |
| Moriah Foundation Colorado Springs, CO | General Support | $6,104 |
| Cary Brown Family Foundation Colorado Springs, CO | General Support | $6,103 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $235,579,666 | $150,327,642 | $86,237,462 |
| Revenue | $61,792,016 | $82,555,170 | $121,997,589 |
| Expenses | $23,484,908 | $25,297,765 | $47,538,157 |
| Net Investment Income | $13,085,814 | $17,625,104 | $32,191,476 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 1, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Waterstone Supporting Organization Trust 1's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chris Start
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard Lavinski
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard Von Gnechten
Trustee
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: John Mulder (2020–2021) — Trustee
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.
Frequently asked questions about Waterstone Supporting Organization Trust 1
How much does Waterstone Supporting Organization Trust 1 give each year?
Waterstone Supporting Organization Trust 1 gave $21.6M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $22.1M across 2 grants.
What is Waterstone Supporting Organization Trust 1's typical grant size?
Waterstone Supporting Organization Trust 1's median grant in 2024 was $6,104, and its average grant was $7,212,574, across 3 grants on its 2024 IRS Form 990.
Where does Waterstone Supporting Organization Trust 1 give grants?
Waterstone Supporting Organization Trust 1 gives mostly in Colorado: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Colorado Springs, CO (3 grants).
Does Waterstone Supporting Organization Trust 1 give general operating support?
Yes: 100% of Waterstone Supporting Organization Trust 1's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990.
How large is Waterstone Supporting Organization Trust 1?
Waterstone Supporting Organization Trust 1 reported $235.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $61.8M.
What is Waterstone Supporting Organization Trust 1?
Waterstone Supporting Organization Trust 1 is a public charity focused on Community Improvement & Capacity Building, based in Colorado Springs, CO. It holds $235.6M in total assets as of 2024.
What is Waterstone Supporting Organization Trust 1's EIN?
Waterstone Supporting Organization Trust 1's EIN (Employer Identification Number) is 45-4295864. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Waterstone Supporting Organization Trust 1 by hand.
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