The Waterwheel Foundation
Preselected recipients only
The Waterwheel Foundation is a private foundation in New York, New York. In tax year 2024 it gave $4.0 million in 75 grants; the typical grant was $10,000 and the largest $2.7 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$4.0 million
- Number of grants75
- Typical grant$10,000
- Largest grant$2.7 million
- Assets$16.3 million
- New grantees68%
Giving in 2024 was up from $2.1 million the year before.
68% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.1 million | 81 | $16.6 million |
| 2024 | $4.0 million | 75 | $16.3 million |
How to apply
The Waterwheel 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.
Foundation website IRS filings on ProPublica
What The Waterwheel Foundation funds
Where it gives
Its grants went to recipients in 17 states, the most to Vermont.
| State | Grants | Amount |
|---|---|---|
| Vermont | 40 | $3.3 million |
| New York | 7 | $169,245 |
| California | 4 | $155,000 |
| Maine | 4 | $66,591 |
| District of Columbia | 2 | $50,000 |
| Nevada | 1 | $47,765 |
| North Carolina | 2 | $45,000 |
| Colorado | 3 | $26,916 |
| Wisconsin | 3 | $22,694 |
| Michigan | 1 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Vermont Community Foundation | General | $2.7 million |
| The Research Foundation for the Suny | General | $97,750 |
| Kin Beh Education Center Foundation | General | $75,000 |
| Steps to End Domestic Violence | General | $70,000 |
| Burlington City Arts | General | $50,000 |
| The Flynn Center for Performing Arts | General | $50,000 |
| Hope for the City | General | $47,765 |
| Champlain Valley Office | General | $40,000 |
| Divided Sky Foundation | General | $37,739 |
| Lake Champlain Community Sailing Center | General | $37,535 |
| Friends of the Winooski River | General | $35,000 |
| Journalism Funding Partners | General | $35,000 |
| Rozalia Project | General | $30,000 |
| King Street Center Inc | General | $30,000 |
| Nofa-Vt | General | $30,000 |
| American Red Cross | General | $25,000 |
| Green Mountain Club | General | $25,000 |
| Speedway Childrens Charities | General | $25,000 |
| Team Rubicon | General | $25,000 |
| The Agrihood Collective | General | $25,000 |
| The Humane Society of the United States | General | $25,000 |
| The Retreat | General | $25,000 |
| World Center Kitchen | General | $25,000 |
| Vermont Journalism Trust | General | $25,000 |
| Full Plates Full Potential | Generalgeneral | $24,091 |
| Common Roots | General | $20,000 |
| Drumstrong | General | $20,000 |
| Forgotten Harvest | Generalgeneral | $20,000 |
| Kids on the Ball Inc | General | $20,000 |
| Sweet Relief | General | $20,000 |
| Vermont Parks Forever | General | $20,000 |
| Hunger Free America | General general | $17,879 |
| Street Medicine Institute | General | $17,412 |
| Age Well | General | $15,000 |
| Edmunds Middle School Music | General | $15,000 |
| The Endandered Alphabets Project | General | $12,150 |
| Aunt Dot's Place | General | $10,000 |
| Camden International Film Festival | General | $10,000 |
| One Arts | General | $10,000 |
| Wolcott Elementary School | General | $10,000 |
Officers and trustees
- Ernest Anastasio III
- Michael Gordon
- Page McConnell
- Jonathan Fishman
- Beth Montuori Rowles
- Burton Goldstein
Questions people ask
Does The Waterwheel Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Waterwheel Foundation give?
$4.0 million in tax year 2024, across 75 grants, with a typical grant of $10,000.
Who runs The Waterwheel Foundation?
Its 2024 filing lists Ernest Anastasio III (President), Michael Gordon (VP), Page McConnell (VP) and Jonathan Fishman (VP) among 6 officers and trustees.
What does The Waterwheel Foundation fund?
Based on its grants, mainly community development, arts and culture and education.