Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2012.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
3 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports Christian community foundation's water-related projects.
Questions for Waterstone Supporting Organization Trust 1
Your first name shows with your question. Waterstone Supporting Organization Trust 1 answers here, for everyone.
The trust is organized and operated to support christian community foundation dba waterstone and other public charities whose work furthers waterstone's purposes by receiving and managing charitable contributions to support those ministries.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| InvestmentsLn 11–13 | $215K | $297K |
| Land, buildings, equipmentLn 10c | $102K | $114K |
| Total assetsLn 16 | $150.3M | $235.6M |
| LiabilitiesLn 26 | $2.9M | $5.0M |
| Net assetsLn 32 | $147.4M | $230.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $21.6M | $21.6M | ||
| Legal feesLn 11b | $21K | $21K | ||
| Accounting feesLn 11c | $17K | $17K | ||
| Investment management feesLn 11f | $982K | $982K | ||
| Other fees for servicesLn 11g | $86K | $86K | ||
| Office expensesLn 13 | $1K | $1K | ||
| OccupancyLn 16 | $37K | $37K | ||
| TravelLn 17 | $4K | $4K | ||
| Depreciation, depletion and amortizationLn 22 | $23K | $23K | ||
| InsuranceLn 23 | $697 | $697 | ||
| Other expenses (24a–d)Ln 24 | $676K | $676K | ||
| Total functional expensesLn 25 | $23.5M | $21.6M | $1.8M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Apr 1, 2026 | $61.8M | $23.5M | $38.3M | $230.6M | 990 PDF |
| FY2023Filed with the IRS Oct 24, 2024 | $82.6M | $25.3M | $57.3M | $147.4M | 990 PDF |
| FY2022Filed with the IRS Oct 12, 2023 | $122.0M | $47.5M | $74.5M | $85.6M | 990 PDF |
| FY2021Filed with the IRS Nov 4, 2022 | $77.4M | $39.5M | $37.8M | $40.8M | 990 PDF |
| FY2020Filed with the IRS Nov 12, 2021 | $28.5M | $18.1M | $10.4M | $36.7M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $61,792,016 revenue, 12 lines filed
Part VI · Governance 1 of 3 board members independent, 2 to look at
Part VIII · Statement of revenue $61,792,016 across 10 lines filed
Part IX · Statement of functional expenses $23,484,908 across 11 lines filed
Part X · Balance sheet $235,579,666 assets, 9 lines filed
Part XI · Reconciliation of net assets $230,550,595 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.