EIN 75-1750059

WaterStone

IRS 501(c) type
501(c)(3)
Num. employees
18
Year formed
1980
Most recent tax filings
2022-03-01
NTEE code, primary
Description
To provide education, innovation and comprehensive giving strategies to our clients as they seek to turn their assets into genuine change for a hurting world.
Also known as...
Christian Community Foundation
Total revenues
$194,166,172
2022
Total expenses
$97,210,512
2022
Total assets
$497,894,733
2022
Num. employees
18
2022

Program areas at WaterStone

We provide creative gifting solutions to donors, encouraging them in a broad range of charitable and educational endeavors as well as direct Christian ministries. We offer a variety of gift-planning solutions, including donor advised funds, field-of-interest funds, ministry charity projects, charitable trusts, charitable gift annuities, and supporting organizations, each structured to meet the specific donor's needs and charitable vision. Distributions recommended by donors and approved by the Waterstone board of directors go to thousands of domestic and foreign nonprofit organizations.

Grants made by WaterStone

GranteeGrant descriptionAmount
Strategic Resource GroupEmergency Support,general Support$3,722,669
Masters Grace FundGeneral Support$3,502,000
Biola UniversityGeneral Support,ministry Support,school of Business Support, Building Fund$3,075,000
...and 933 more grants made totalling $78,595,761

Who funds WaterStone

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Waterstone Supporting Organization Trust 1General Support$22,326,182
The Hoppe FoundationFunding for Redistribution To Charitable Organizations$11,581,866
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,242,632
...and 15 more grants received

Personnel at WaterStone

NameTitleCompensation
Ken HarrisonBoard Member
Rick von GnechtenChief Operating Officer and Chief Gift Strategist
Terry CargillVice President of Generosity$104,606
Gina ShelleyDirector of Human Resources and Executive Assistant To Chief Executive Officer
Gayle PerkinsGiving Strategies Manager
...and 10 more key personnel

Financials for WaterStone

RevenuesFYE 03/2022
Total grants, contributions, etc.$158,434,768
Program services$8,743,683
Investment income and dividends$12,372,764
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$18,180
Net gain from sale of non-inventory assets$14,596,777
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$194,166,172

Form 990s for WaterStone

Fiscal year endingDate received by IRSFormPDF link
2021-032021-12-21990View PDF
2020-032021-04-05990View PDF
2019-032020-10-21990View PDF
2018-032019-03-15990View PDF
2017-032018-03-14990View PDF
...and 11 more Form 990s
Data update history
May 21, 2023
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Agape Foundation Charitable Trust
July 26, 2022
Received grants
Identified 2 new grant, including a grant for $330,000 from The Living Stones Foundation Charitable Trust
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyNational levelProvides scholarshipsTax deductible donations
General information
Address
10807 New Allegiance Dr 240
Colorado Springs, CO 80921
Metro area
Colorado Springs, CO
Website URL
waterstone.org/ 
Phone
(719) 447-4620
Facebook page
waterstoneorg 
Twitter profile
@waterstoneorg 
IRS details
EIN
75-1750059
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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