Skip to content

· Private foundation

Waterproof Foundation Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$454k
Granted FY2025still arriving
22
Grants FY2025still arriving
7
States reached
$200k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$2.5MHealth$362kEnvironment$130kInternational$100kAnimals$80kFood & Nutrition$70kHuman Services$64kReligion$33kOther$0
02FY2025 · 22 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k14 grants · $44k
  • $10k–50k5 grants · $50k
  • $50k–250k3 grants · $360k
$5,000
Median grant
7
States reached
$1.4M
Total assets
Largest grants
RecipientAmount
UNC-CHAPEL HILL$200,000
UATX$100,000
ST ANDREW'S EPISCOPAL SCHOOL$60,000
HEARTGIFT FOUNDATION$10,005
CLEVELAND CLINIC$10,000
TEXAS WILDLIFE ASSOCIATION FOUNDATION$10,000
MD ANDERSON$10,000
PROVIDENCE MONTANA HEALTH FOUNDATION$10,000
LA'ARETZ FOUNDATION$5,000
WONDERS & WORRIES$5,000
TEXAS BOOK FESTIVAL$5,000
PEASE PARK CONSERVANCY$5,000
AUSTIN COMMUNITY FOUNDATION$5,000
THE SETON FUND$4,000
ST ANDREW'S SCHOOL$2,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–25, $45k) land where the poverty rate runs at 10%, against an area that typically sits at 12%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 12%HELPING HAND HOME FOR CHILDREN: $1k → 10%HELPING HAND HOME FOR CHILDREN: $1k → 10%HELPING HAND HOME FOR CHILDREN: $1k → 10%HELPING HAND HOME FOR CHILDREN: $1k → 10%HELPING HAND HOME FOR CHILDREN: $1k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%WONDERS & WORRIES: $5k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
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.

Which US states its grants reach

MT
MN
MI
NY
OH
PA
CA
VA
DE
KS
NC
DC
LA
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

96%of every dollar goes to organizations it has funded before.
$3.7M · 35 repeat orgs$143k to everyone else

Grantees it renews have grown median revenue +62% since the first grant, against 0% for those funded once.

35 repeat relationships: 18 still active in FY2025, 17 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

35
6

Total granted

$3.7M
$125k

Median revenue growth · since first grant

+62%
0%

Still filing today

60%
67%

New vs renewed · share of each year

In FY2025, 96% of grant dollars renewed an existing relationship; $18k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
EducationHealthHuman ServicesRecreation & SportsEnvironmentPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). 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

  • U
    UATX
    4× · 2022–2025 · $400k · revenue +401%
  • SA
    ST ANDREW'S EPISCOPAL SCHOOL
    9× · 2017–2025 · $163k · revenue +91%
  • LE
    LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA
    6× · 2017–2022 · $80k · revenue +145%

Funded once

  • IR
    International Rescue Committee INC
    one grant, 2022 · $100k · revenue -4%
  • CI
    CICERO INSTITUTE
    one grant, 2021 · $10k
  • RA
    RED ARENA INC
    one grant, 2022 · $5k · revenue 0%
How this is measured

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

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Austin Trinity School

Trinity episcopal school (trinity) is a not-for-profit independent school whose mission is to provide an enriched academic curriculum in a christian environment. trinity is not affiliated with or sponsored by any parish. we will nurture…

Education
2
Children's Health System of Texas

With more than 1 million patient visits each year, Children's Health is North Texas' leading pediatric health system and among the largest in the nation. For more than a century, our mission has been clear: make life better for children.…

Health
3
The University of TexasTexas a&M Investment Management Company

To generate superior long-term investment returns to support The University of Texas and Texas A&M University systems as they provide world-class teaching, push the boundaries of discovery, and achieve excellence in patient healthcare for…

Education
4
Texas Trees Foundation

The mission of texas trees foundation is to improve the health of cities and people through the transformative power of trees.

—
5
Cook Children's Health Care System

Knowing that every child's life is sacred, our promise is to improve the health of every child in our region through the prevention and treatment of illness, disease and injury.

Health
6
Texas Children's Hospital

Texas children's hospital, headquartered in houston, texas, is a not-for-profit organization whose mission is to create a healthier future for children and women throughout our global community by leading in patient care, education and…

Health
7
Texas Children's

To create a healthier future for children and women throughout our global community by leading in patient care, education, and research.

Health
8
Texas Academy of Medicine Engineering Science and Technology

To provide broader recognition of the state's top achievers in medicine, engineering and science, and to build a stronger identity for texas as an important destination and center of achievement in these fields.

Health
9
Banner -University Medical Group

Assist banner health complete its mission to make health care easier so life can be better by providing integrated & coordinated care & population health management.

Health
10
The Children's Hospital of Philadelphia

The children's hospital of philadelphia, the oldest hospital in the united states dedicated exclusively to pediatrics, strives to be the world leader in the advancement of health care for children by integrating excellent patient care,…

Health
11
Witte Museum

The witte museum inspires people to shape the future of texas through transformative and relevant experiences in nature, science and culture.

Arts & Culture
12
William Marsh Rice University

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this…

Education
How this is measured
The grantee most central to the portfolio’s shape is Dell Children's Foundation; the most unlike its peers is International Rescue Committee Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

31 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 31 of the 48 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
30/31
Grantees still filing
22/31
Grew since first funded

Where the money sits, by cause and then by grantee

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: $2,105,000 · OtherUNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL+25 more: $614,500 · Other+25 moreUATX: $400,000 · EducationUATXST ANDREW'S EPISCOPAL SCHOOL: $163,000 · EducationST ANDREW'S EPISCOPAL S…LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA: $80,000 · EducationLEADERSHIP ENTERPRISE F…KIPP Texas Inc: $45,000 · EducationKIPP Texas IncBEYOND BATTEN DISEASE FOUNDATION: $45,000 · EducationBEYOND BATTEN DISEASE F…HILLSDALE COLLEGE: $35,000 · Education+3 more: $30,500 · EducationHEARTGIFT FOUNDATION: $75,010 · HealthTHE MIRACLE FOUNDATION INC: $20,000 · HealthST PATRICK HOSPITAL FOUNDATION: $10,000 · HealthOCHSNER CLINIC FOUNDATION: $6,000 · HealthAMERICAN FRIENDS OF SHEBA MEDICAL CENTER INC: $6,000 · HealthRED ARENA INC: $5,000 · HealthInternational Rescue Committee INC: $100,000 · InternationalFEED THE HUNGRY SAN MIGUEL INC: $70,000 · Food & NutritionPease Park Conservancy: $20,000 · Recreation & SportsTexas Book Festival: $18,000 · Recreation & SportsAUSTIN PARKS FOUNDATION: $15,000 · Recreation & SportsWonders & Worries Inc: $40,000 · Human ServicesHELPING HAND HOME FOR CHILDREN INC: $5,000 · Human Services
Other$2,719,500Education$798,500Health$122,010International$100,000Food & Nutrition$70,000Recreation & Sports$53,000Human Services$45,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUATX: $400,000 over 4y, 0.9% of budgetST ANDREW'S EPISCOPAL SCHOOL: $163,000 over 9y, 0.1% of budgetInternational Rescue Committee INC: $100,000 over 1y, 0.0% of budgetLEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA: $80,000 over 6y, 1.3% of budgetHEARTGIFT FOUNDATION: $75,010 over 9y, 0.5% of budgetFEED THE HUNGRY SAN MIGUEL INC: $70,000 over 7y, 2.1% of budgetKIPP Texas Inc: $45,000 over 7y, 0.0% of budgetBEYOND BATTEN DISEASE FOUNDATION: $45,000 over 6y, 0.5% of budgetWonders & Worries Inc: $40,000 over 8y, 0.6% of budgetHILLSDALE COLLEGE: $35,000 over 4y, 0.0% of budgetTHE NATURE CONSERVANCY: $30,000 over 3y, 0.0% of budgetAUSTIN COMMUNITY FOUNDATION INC: $20,000 over 3y, 0.0% of budgetPease Park Conservancy: $20,000 over 4y, 0.4% of budgetTHE MIRACLE FOUNDATION INC: $20,000 over 2y, 0.2% of budgetTexas Book Festival: $18,000 over 4y, 0.2% of budgetAUSTIN EXPLORE INC: $17,000 over 8y, 0.7% of budgetAUSTIN PARKS FOUNDATION: $15,000 over 2y, 0.1% of budgetWestcave Outdoor Discovery Center: $10,000 over 4y, 0.4% of budgetTHE UNIVERSITY OF MONTANA FOUNDATION: $9,000 over 5y, 0.0% of budgetOCHSNER CLINIC FOUNDATION: $6,000 over 3y, 0.0% of budgetAMERICAN FRIENDS OF SHEBA MEDICAL CENTER INC: $6,000 over 2y, 0.1% of budgetFLATHEAD LAKERS INC: $6,000 over 6y, 0.4% of budgetRED ARENA INC: $5,000 over 1y, 0.4% of budgetAMERICA GIVES INC: $5,000 over 1y, 0.0% of budgetHELPING HAND HOME FOR CHILDREN INC: $5,000 over 5y, 0.0% of budgetDO NO HARM: $4,000 over 2y, 0.0% of budgetJEWISH COMMUNITY CENTER OF GREATER KANSAS CITY: $3,500 over 3y, 0.0% of budgetDELL CHILDREN'S FOUNDATION: $2,500 over 1y, 0.0% of budgetFOUNDATION FOR INDIVIDUAL RIGHTS AND EXPRESSION INC: $2,000 over 2y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds UATX ↗
  • Who funds ST ANDREW'S EPISCOPAL SCHOOL ↗
  • Who funds International Rescue Committee INC ↗
  • Who funds LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA ↗
  • Who funds HEARTGIFT FOUNDATION ↗
  • Who funds FEED THE HUNGRY SAN MIGUEL INC ↗
  • Who funds KIPP Texas Inc ↗
  • Who funds BEYOND BATTEN DISEASE FOUNDATION ↗
  • Who funds Wonders & Worries Inc ↗
  • Who funds HILLSDALE COLLEGE ↗
  • Who funds THE NATURE CONSERVANCY ↗
  • Who funds AUSTIN COMMUNITY FOUNDATION INC ↗
  • Who funds Pease Park Conservancy ↗
  • Who funds THE MIRACLE FOUNDATION INC ↗
  • Who funds Texas Book Festival ↗
  • Who funds AUSTIN EXPLORE INC ↗
  • Who funds AUSTIN PARKS FOUNDATION ↗
  • Who funds ST PATRICK HOSPITAL FOUNDATION ↗
  • Who funds Westcave Outdoor Discovery Center ↗
  • Who funds THE UNIVERSITY OF MONTANA FOUNDATION ↗
  • Who funds OCHSNER CLINIC FOUNDATION ↗
  • Who funds AMERICAN FRIENDS OF SHEBA MEDICAL CENTER INC ↗
  • Who funds FLATHEAD LAKERS INC ↗
  • Who funds RED ARENA INC ↗
  • Who funds AMERICA GIVES INC ↗
  • Who funds HELPING HAND HOME FOR CHILDREN INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Austin Community Foundation IncTX30.9× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Austin Community Foundation Inc · Greater Houston Community Foundation · Shepherd 5 Points Family Foundation · The Webber Family Foundation · Raymond James Charitable Endowment Fund · The Moody Foundation · Better Business Bureau · United Way Worldwide · Central Texas Community Foundation · Shield-Ayres Foundation · Topfer Family Foundation · Silicon Valley Community Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Waterproof Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Waterproof Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    7report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–40%
    typical government reliance, FY20–25
    How this is measured
    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 a grant caused the public funding. Coverage is precision-first, a floor rather than 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 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 48 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Waterproof’s filings →

    More from the funding graph