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Vermont · Nonprofit

WATERMAN FUND INC

WATERMAN FUND INC (Vermont) receives grants from 5 organizations whose IRS filings report $15,600 to it, the largest being PATAGONIAORG ($10,000). 2 of them have funded it in more than one year.

Revenue FY2017
$51k
Funders on record
5
Grants received
$16k
Net assets
$399k
2/5 repeat funders
01What it does

What Waterman Fund Inc does

Mission

The waterman fund fosters the spirit of wildness and strengthens the stewardship and understanding of the alpine areas of northeastern north america to conserve their ecological, cultural and recreational values through education, trail rehabilitation, and research.

As stated on its FY2017 Form 990.

Program

Yearly, the organization donates cash awards to other organizations and individuals whose efforts are to support the general mission of the waterman fund.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $10k → $500.

From the IRS filings of WATERMAN FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WATERMAN FUND INC leans on a few funders — its largest provides 64% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

64%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

WATERMAN FUND INC draws 94% of its grant income from funders outside Vermont, across 4 states in all.

VT
MA
NJ
CA

In-state vs out-of-state, by year

’18
’20
’21
’22
’23
Vermont out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WATERMAN FUND INC runs a healthier operating margin than half of the 4,264 philanthropy nonprofits its size.

Operating margin14% · above the median
Months of reserve4.8mo · below the median

this organization peer median middle 50% of peers· 4,264 philanthropy nonprofits under $100k, FY2017

Organizations like WATERMAN FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

45%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for WATERMAN FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WATERMAN FUND INC?
WATERMAN FUND INC (Vermont) receives grants from 5 organizations whose IRS filings report $15,600 to it, the largest being PATAGONIAORG ($10,000). 2 of them have funded it in more than one year.
How many funders does WATERMAN FUND INC have?
IRS filings report 5 organizations giving $15,600 in grants to WATERMAN FUND INC, 2 of which have funded it in more than one year.
Who is the largest funder of WATERMAN FUND INC?
PATAGONIAORG is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like WATERMAN FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2017 (financials across 2017–2017), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing