· Private foundation
The Waterwheel Foundation
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
Read this first · the figures below need context
67% of The Waterwheel Foundation’s FY2024 grant dollars went to The Vermont Community Foundation, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 49 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2022, the last year The Waterwheel Foundation named its own grantees at scale: 63 organizations, $1M. It is dated, not current.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2017–2024.
Where the money goes
Your grants by size, and where they go.
By grant size · FY2022
- Under $10k28 grants · $127k
- $10k–50k44 grants · $861k
- $50k–250k6 grants · $348k
| Recipient | Amount |
|---|---|
| CONSERVATIVE LAW FOUNDATION | $70,907 |
| PHANS FOR RACIAL EQUITY | $64,492 |
| THE CONSCIOUS ALLIANCE | $61,089 |
| PROJECT HOPE - THE PEOPLE-TO-PEOPLE HEALT | $51,799 |
| VERMONT LAND TRUST | $50,000 |
| BURLINGTON CITY ARTS | $50,000 |
| STEPS TO END DOMESTIC VIOLENCE | $49,200 |
| DIVIDED SKY FOUNDATION | $44,492 |
| HEAD COUNT INC | $44,492 |
| MOCKINGBIRD FOUNDATION | $44,492 |
| THE FLYNN CENTER | $40,000 |
| LAKE CHAMPLAIN COMMUNITY SAILING CENTER | $35,958 |
| COALITION FOR THE HOMELESS | $32,400 |
| HUNGER FREE AMERICA | $32,400 |
| INTERVALE CENTER | $25,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY18–24, $285k) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 44% of those dollars go to grantees based in above-average-need neighborhoods. Your grants spread fairly evenly across need levels.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +38% since the first grant, against +24% for the ones you funded once.
84 repeat relationships — 39 still active in FY2022, 45 since wound down; 112 grantees were first funded in FY2022 (too recent to call). Read against FY2022, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 56% of grant dollars renewed an existing relationship; $587k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
THE DIVIDED SKY FOUNDATION CORPORATION3× · 2020–2024 · $1.4M · revenue +356%- STSTEPS TO END DOMESTIC VIOLENCE INC8× · 2017–2024 · $424k · revenue +195%
- BCBURLINGTON CITY ARTS FOUNDATION INC8× · 2017–2024 · $333k · revenue +218%
Funded once
EQUAL JUSTICE INITIATIVEone grant, 2020 · $94k · revenue -63%- COCITY OF HOPEone grant, 2017 · $50k
- PFPhans for Racial Equityone grant, 2021 · $46k · revenue -81% · 57% of their budget
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
Taproot Earth works with communities to support strategies around the use of water, energy and land.
To gather and share quality food and nurture partnerships so that no one in vermont will go hungry.
Vermont public informs, educates, and entertains through public service journalism and enlightening content rooted in vermont. our storytelling enriches lives and fosters community connection and understanding.
NOFA-NH actively promotes organic, regenerative, ecologically sound farming, gardening, eating, and land care practices for healthy communities. NOFA-NH helps people build local, just, and sustainable food systems.
The Boulder Watershed Collective is a 501c3 non-profit stakeholder-driven organization established to address forested watershed health,resiliency and stewardship. We have three program areas: ClimateAdaptation and Resilience Watershed…
We Dont Waste increases food access and protects the planet by rescuing and repurposing food, while educating and advocating to increase food security and decrease food waste.
Grist is an independent, non profit media organization dedicated to reporting on climate change.
Willing hands delivers fresh food to more than 80 social service organizations throughout the upper valley of new hampshire and vermont that serve as food access points to our community. fresh food is recovered from local farms, grocery…
The mission of energy action network (ean) is to support vermont in making evidence-based energy and climate decisions that are grounded in high-quality data and analysis, and collaboratively developed for effective and durable progress.
Kennebunk Land Trust's mission is to permanently conserve and steward land to benefit natural and human communities.
Zero foodprint is mobilizing the food world around agricultural climate solutions. our work aims to create a circular economy that incentivizes practices that actively draw down carbon dioxide and offer our best hope of addressing the…
The mission of the 30 Mile River Watershed Association (30 Mile) is to work as a community for clean and healthy lakes, ponds and streams in our watershed. Since 2008, 30 Mile has led efforts to protect these waters from the growing…
For reference, the grantee most central to the portfolio’s shape is Meals On Wheels America and the most unlike its peers is Green Valley Film & Art Center. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 28 years old; the field is 21. You back the established end — and your money leans older still.
The field is 16% startups (under 5 years old) — 3% of your grantees by number, and just 1% of your money.
The orgs you fund almost never close — 0.9% lost their exemption, against 8% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
210 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 210 of the 329 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Showing your 200 largest grantees by grant value.
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds THE VERMONT COMMUNITY FOUNDATION ↗
- Who funds THE DIVIDED SKY FOUNDATION CORPORATION ↗
- Who funds STEPS TO END DOMESTIC VIOLENCE INC ↗
- Who funds BURLINGTON CITY ARTS FOUNDATION INC ↗
- Who funds THE MOCKINGBIRD FOUNDATION ↗
- Who funds CONSERVATION LAW FOUNDATION INC ↗
- Who funds HUNGER FREE AMERICA INC ↗
- Who funds VERMONT PARKS FOREVER INC ↗
- Who funds KIIN BEH EDUCATION CENTER FOUNDATION INC ↗
- Who funds KIDS ON THE BALL INC ↗
- Who funds INTERVALE CENTER INC ↗
- Who funds Voices for Global Change ↗
- Who funds LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC ↗
- Who funds El Dorado Community Foundation ↗
- Who funds Common Roots Inc ↗
- Who funds TEAM RUBICON GLOBAL LTD ↗
- Who funds THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC ↗
- Who funds VERMONT LAND TRUST INC ↗
- Who funds HEAD COUNT INC ↗
- Who funds EQUAL JUSTICE INITIATIVE ↗
- Who funds PLAYERS PHILANTHROPY FUND INC ↗
- Who funds THE CONSCIOUS ALLIANCE ↗
- Who funds STREET MEDICINE INSTITUTE ↗
- Who funds KING STREET CENTER INC ↗
- Who funds FLYNN CENTER FOR THE PERFORMING ARTS LTD ↗
- Who funds MEALS ON WHEELS AMERICA ↗
- Who funds THE GREEN MOUNTAIN CLUB INC DEBONIS ↗
- Who funds GENERATOR INC ↗
- Who funds CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC ↗
- Who funds LINCOLNVILLE HISTORICAL SOCIETY ↗
- Who funds GROOVESAFE INC ↗
- Who funds TENNESSEE RIVERKEEPER ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: The Vermont Community Foundation · Ben & Jerry's Foundation Inc · The Windham Foundation Inc · National Life Group Charitable Foundation Inc · Patagoniaorg · Lintilhac Foundation Inc · George W Mergens Foundation · Vermont Council on the Arts Inc · The Onda Foundation Inc · RUTH & PETER METZ FAMILY FOUNDATION co THOMAS PHELAN · Antonio B and Rita M Pomerleau Foundation Inc · Vermont Afterschool Inc
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization The Waterwheel Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal, a single department, or state — and drag the year to watch it move.
- Vermont Afghan Alliance — 79% of income from government
- Lamoille Housing Partnership Inc — 73% of income from government
- Steps to End Domestic Violence Inc — 71% of income from government
- North Central Vermont Recovery Center Inc — 69% of income from government
- Vermont Humanities Council — 67% of income from government
- Age Well Inc — 60% of income from government
- Committee On Temporary Shelter Inc — 52% of income from government
- Newark Public Radio Inc — 51% of income from government
- Randolph Area Community Development Corporation — 51% of income from government
- One Arts Inc — 48% of income from government
- King Street Center Inc — 43% of income from government
- Vermont Rural Education Collaborative Inc — 43% of income from government
- Vermont Land Trust Inc — 42% of income from government
- Connecticut River Watershed Council Inc — 40% of income from government
- Upper Valley Haven — 38% of income from government
- Buzzards Bay Coalition — 37% of income from government
- Covenant House New Jersey Inc — 34% of income from government
- South Park Inn Inc — 29% of income from government
- Catamount Film & Arts Company — 27% of income from government
- Partnerships for Literacy and Learning — 27% of income from government
- Hansen Foundation Inc — 25% of income from government
- Champlain Valley Office of Economic Opportunity Inc — 23% of income from government
- Friends Center for Children Inc — 21% of income from government
- The Vermont River Conservancy Inc — 21% of income from government
- The Green Mountain Club Inc Debonis — 17% of income from government
- Intervale Center Inc — 13% of income from government
- Vermont Parks Forever Inc — 8% of income from government
- Vermont Grass Farmers Association — 7% of income from government
- Friends of the Winooski River Inc — 7% of income from government
- Burlington City Arts Foundation Inc — 6% of income from government
- Northern Stage Company — 5% of income from government
- White River Partnership Inc — 4% of income from government
- Communities Revolutionizing Open Public Spaces — 3% of income from government
- Stowe Story Labs Inc — 3% of income from government
- Northeast Wilderness Trust Corporation — 2% of income from government
- Lake Champlain Maritime Museum at Basin Harbor Inc — 2% of income from government
- Champlain Valley Exposition Inc — 2% of income from government
- Vermont Studio Center Inc — 2% of income from government
- Kingdom County Productions Inc — 1% of income from government
- Lake Champlain Land Trust Inc — 1% of income from government
- Columbia Riverkeeper — 1% of income from government
- Chill Foundation — 0% of income from government
- Northwestern Medical Center — 0% of income from government
- Flynn Center for the Performing Arts Ltd — 0% of income from government
- Vermont Journalism Trust Ltd — 0% of income from government
- Common Roots Inc — 0% of income from government
- The Vermont Community Foundation — 0% of income from government
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.
Warm introductions · Powered by PlinthPlus
How do I get to The Waterwheel Foundation?
Find your warmest path to The Waterwheel Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.