How much did WATERFALL FOUNDATION grant in FY2024?

A cause breakdown isn’t shown here: 51% of WATERFALL FOUNDATION’s grantee dollars go to organizations outside the IRS cause taxonomy (common for large international and research funders), so a chart would be mostly “unclassified” and misrepresent the portfolio.

02beneath the categories

Past the labels — and the year it shifted

Beneath the NTEE codes, this is what the grant descriptions actually say.

…and in their own words, year by year

2018

free

2019

—

2020

food

2021

—

2022

animal shelterhorse shelterhealth

2023

welfare

Words distinctive to each year’s grant purposes (TF-IDF) · event-driven terms in cyan.

03FY2024 · 15 grants

Where the money goes

Your grants by size, and where they go.

$4,150

Median grant

States reached

$11k

Total assets

Largest grants

HONOR FLIGHT OF SNM$8,373
LIFE TRANSITION MEDITATION CENTER$8,372
OH MY JAW$8,000
LIFE TRANSITION MEDITATION CENTER$7,272
HSLDA$6,572
HEALTH FREEDOM DEFENSE FUND$5,000
HER JUSTICE$5,000
ACTION PROGRAM FOR ANIMALS$4,150
ORGAN MT TECHNICAL RESCUE$4,125
SF BEE ASSOCIATION$3,272
NAMI NYC$2,000
FIRE$1,800
GROW NYC$1,272
VELO CRUCES$1,000
SOLID ROCK TEEN CENTER$372

02The need

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.

show:

Your human-services grants (FY17–20, $21k) land where the poverty rate runs at 18% — the area typically sits at 10%. 91% of those dollars reach neighborhoods with above-average need. Most of your grants land in higher-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

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, United Way ALICE — shown as context about the area, never attributed to your giving.

03Your edge

repeat funding

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.

51%of every dollar goes to organizations you’ve funded before.

$143k · 14 repeat orgs$137k to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +89% since the first grant, against +32% for the ones you funded once.

14 repeat relationships — 9 still active in FY2024, 5 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

Total granted

$143k

$115k

Median revenue growth · since first grant

+89%

+32%

Still filing today

50%

55%

New vs renewed · share of each year

In FY2024, 66% of grant dollars renewed an existing relationship; $23k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

Human ServicesAnimalsEducationInternationalHealthReligionOther

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

AH
AMADOR HEALTH CENTER
2× · 2019–2020 · $35k · revenue +67%
HF
HEALTH FREEDOM DEFENSE FUND
2× · 2023–2024 · $10k · revenue +756%
HJ
HER JUSTICE
2× · 2023–2024 · $10k · revenue +36%

Funded once

CF
COMMUNITY FOUNDATION OF SOUTHERN NM
one grant, 2020 · $10k
FP
FOUR PAWS AND A WAKE UP
one grant, 2022 · $10k · revenue -54%
CH
CHILDRENS HEALTH DEFENSE
one grant, 2021 · $8k

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

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.

Animal Protection New Mexico Inc

The organization operates exclusively for the benefit and support of animal protection new mexico, inc. which seeks to educate the public about and advocates campaigns that prevent cruelty to animals.

Animals

Santa Fe Animal Shelter and Humane

To support animals, save lives, and spread compassion.

Animals

Mercy for Animals Inc

To end industrial animal agriculture by constructing a just and sustainable food system.

Animals

Spokanimal Care

Spokanimal leads communities in humane/proactive ways to promote and preserve the human-companion animal bond.

Animals

Fix Our Ferals

Fix our ferals (dba animal fix clinic) provides affordable, excellent quality spay/neuter and other life-saving and life-changing surgeries for companion dogs, cats and community cats.

Animals

Animal Care Trust

Saving animals. helping people. - to eliminate animal overpopulation, cruelty and neglect.

Animals

CAUSE4PAWS Pet Food Bank

Deliver food to the companion animals of low-income, homebound, or disabled veterans and seniors as well as those that struggle with homelessness.

Animals

Animal Care Sanctuary

The humane compassionate treatment of all animals.

Animals

Community Animal Medicine Project Inc

Our vision is to ensure veterinary services are affordable and accessible to all pets in the los angeles area and to create an environment in which animal shelters no longer euthanize adoptable pets.

Animals

Loving All Animals Inc

To maximize programs intended to stop killing of adoptable animals.

Philanthropy

Humane Animal Partners

Sheltering homeless animals, facilitating adoption, providing low-cost spay/neuter services, and foster care for dogs and cats.

Animals

Spay-Neuter Assistance Program Inc

SNAP prevents the suffering and death of companion animals and enriches the human animal bond.

Animals

For reference, the grantee most central to the portfolio’s shape is Amador Health Center Inc and the most unlike its peers is Rachel Barton Pine Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

Your grantees are a median of 22 years old; the field is 16. You back the established end — and your money leans older still.

The field is 22% startups (under 5 years old) — 0% of your grantees by number, and just 0% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.0% lost their exemption, against 11% of the field you don’t fund.

orgs you fund

0.0%0/25

the rest of the field

11%

206,164/1,819,540

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.

05the grantee network

24 grantees, every filing reconciled, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue.

Load-bearing (≥25% of a budget)

Early backer (in before they grew)

24/24

Grantees still filing

18/24

Grew since you first funded

Where your money sits — by cause, then by grantee

Other$160,270Health$35,000Human Services$24,691Religion$22,916Animals$14,225Education$13,000Civil Rights$10,000

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.

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.

The Goldman Sachs Charitable Gift FundNY11.9× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Goldman Sachs Charitable Gift Fund · Ge Foundation · Paypal Charitable Giving Fund · Jpmorgan Chase Foundation · Vanguard Charitable Endowment Program · National Philanthropic Trust · Network for Good · The Blackbaud Giving Fund · Gs Donor Advised Philanthropy Fund · American Endowment Foundation · The Pfizer Foundation Inc · The Bank of America Charitable Foundation 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 organisation WATERFALL 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 or a single department — and drag the year to watch it move.

2024

’20’21’22’23’24

no gov moneyreceives it· size = income

1get no government money at all

0rely on government for over half their income

typical government reliance, FY20–24

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. 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.

05Through Plinth

Through Plinth

Your grantmaking, live and operational

This dossier was generated cold from public filings. In Plinth it’s a working system — every applicant assessed and every grant monitored. Here’s a taste, run on one of your grantees: FOUR PAWS AND A WAKE UP.

Agentic due diligence · confidence × risk

Financial management

insufficient risk

Limited financial data in public filings.

Track record & reputation

medium risk

3 years of Form 990 filings, still active.

Legal standing

low risk

US 501(c)(3); EIN 842277513 on file with current IRS Form 990 filings.

Governance

Live in Plinth

Board composition & governance documents — verified live in Plinth from the applicant.

Compliance & sanctions

Live in Plinth

OFAC / UN sanctions screening — run live in Plinth at assessment.

Program capacity

Live in Plinth

Staffing, M&E and activity alignment — assessed live in Plinth from submitted proposals.

Live · Plinth’s real DD engine

Run the actual assessment on FOUR PAWS AND A WAKE UP, cold from public data.

Generated live from public IRS filings + open web sources by Plinth’s agentic engine. Shown as an illustration of the product, not a formal assessment.

Post-award monitoring · continuous checks

Awaiting reportFinancial stability— Runway not derivable from filings.
WatchSustained operations— Filing through 2023; revenue contracted over the period.
On trackReliance on your funding— Your grants peaked at 15% of their budget — diversified.
Awaiting reportEvidence of delivery— Plinth collects the grantee's own monitoring reports post-award.

What you see here is static and public. In Plinth it’s operational — the full six-pillar framework on every applicant (with their own documents + live registry and sanctions checks), monitoring dashboards on every award, custom board reports, and eligibility routing for intake.

Agentic due diligenceMonitoring dashboardsCustom board reportsEligibility routing

Preview generated from this grantee’s public IRS filings and independent reporting. Pillars marked “live in Plinth” require the applicant’s submitted documents. Shown as illustration, not a formal assessment.

Warm introductions · Powered by PlinthPro

How do I get to Waterfall Foundation?

Find your warmest path to Waterfall Foundation through people who sit on both boards. Search for your organization and Plinth traces the introduction across shared trustees and officers.

Every link is a documented governance overlap in public IRS 990 filings — not a personal network — and each hop carries its own confidence tier. Low-confidence or distant paths are held back rather than guessed.

WATERFALL FOUNDATION

What you funded, over time

Past the labels — and the year it shifted

Where the money goes

Do your dollars go where the need is?

Who you back again

Backed again, and grew

Funded once

24 grantees, every filing reconciled, 2017–2025.

Government reliance of your grantees

Your grantmaking, live and operational

How do I get to Waterfall Foundation?

More from the funding graph

WATERFALL FOUNDATION

What you funded, over time

Past the labels — and the year it shifted

Where the money goes

Do your dollars go where the need is?

Who you back again

Backed again, and grew

Funded once

24 grantees, every filing reconciled, 2017–2025.

Government reliance of your grantees

Your grantmaking, live and operational

How do I get to Waterfall Foundation?

More from the funding graph