Watersite Foundation
Preselected recipients only
Watersite Foundation is a private foundation in Indianapolis, Indiana. In tax year 2025 it gave $43,000 in 11 grants; the typical grant was $2,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$43,000
- Number of grants11
- Typical grant$2,000
- Largest grant$10,000
- Assets$1.5 million
- New grantees18%
Giving in 2025 was up from $40,500 the year before.
18% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $38,000 | 8 | $986,371 |
| 2024 | $40,500 | 11 | $1.1 million |
| 2025 | $43,000 | 11 | $1.5 million |
How to apply
Watersite Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Watersite Foundation funds
Where it gives
All of its grants went to recipients in Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 11 | $43,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Rose Hulman Institute of Technology | Unrestricted | $10,000 |
| Marion University | Unrestricted | $9,000 |
| Little Red Door Cancer Agency | Unrestricted | $5,000 |
| Scholarships for Speedway | Unrestricted | $5,000 |
| Center for Leadership Development | Unrestricted | $5,000 |
| Indiana State Games | Unrestricted | $2,000 |
| B&o Trail Association | Unrestricted | $2,000 |
| Team Nebo Ridge | Unrestricted | $2,000 |
| Purdue Fort Wayne Foundation | Unrestricted | $1,000 |
| Friends of Marott Woods Nature Preserve | Unrestricted | $1,000 |
| Cutters Cycling | Unrestricted | $1,000 |
Officers and trustees
- Karen Vance
- Allen Galloway
Questions people ask
Does Watersite Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Watersite Foundation give?
$43,000 in tax year 2025, across 11 grants, with a typical grant of $2,000.
Who runs Watersite Foundation?
Its 2025 filing lists Karen Vance (Trustee) and Allen Galloway (Trustee).
What does Watersite Foundation fund?
Based on its grants, mainly education and environment and conservation.