Private Foundation · TX · Private Grantmaking Foundations
Waterproof Foundation Inc
W Lake Hills, TX · EIN 273816047 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$1.8M
Total Giving
$535K
Grants on File
27
Average Grant
$20K
Giving Radius
Where Waterproof Foundation Inc Has Given
Section I
How to Apply
An application for a grant should be in the form of a letter and include the following: 1. A list of the organization's board members 2. A summary describing the applicant and the project to be funded 3. The total funding required for the project and the amount requested from the foundation 4. A copy of the organization's most recent Form 990 5. A copy of the determination letter issued to the applicant by the Internal Revenue Service. The determination letter must state (i) that the organization is exempt from federal income taxation as an organization described in Section 501(c)(3) of the Internal Revenue Code and (ii) the organization is classified as a public charity.
On Unsolicited Proposals yes
Restrictions
Must meet the definition within Internal Revenue Code 501(c)(3).
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Austin, TX | $1K | 2022 |
| Middletown, DE | $2K | 2022 |
| Austin, TX | $100K | 2022 |
| Austin, TX | $5K | 2022 |
| Dripping Springs, TX | $5K | 2022 |
| New York, NY | $100K | 2022 |
| Austin, TX | $5K | 2022 |
| Round Mountain, TX | $2K | 2022 |
| Missoula, MT | $2K | 2022 |
| Chapel Hill, NC | $200K | 2022 |
| Austin, TX | $5K | 2022 |
| Austin, TX | $2K | 2022 |
| New Braunfels, TX | $10K | 2022 |
| Austin, TX | $5K | 2022 |
| Austin, TX | $10K | 2022 |
| New York, NY | $5K | 2022 |
| Houston, TX | $10K | 2022 |
| New York, NY | $10K | 2022 |
| Austin, TX | $5K | 2022 |
| Hillsdale, MI | $10K | 2022 |
| Austin, TX | $10K | 2022 |
| Polson, MT | $1K | 2022 |
| Laredo, TX | $10K | 2022 |
| Austin, TX | $1K | 2022 |
| New York, NY | $5K | 2022 |
Page 1 of 2 · 27 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $2.2M | $131K | $70K | $450K |
| 2022 | $2.6M | $152K | $59K | $569K |
| 2021 | $3.1M | $134K | $1.5M | $468K |
| 2020 | $2.1M | $111K | $-1,062,578 | $447K |
| 2019 | $3.6M | $141K | $-217,030 | $450K |
| 2015 | $3.8M | $169K | $278K | $405K |
| 2014 | $4.0M | $345K | $178K | $826K |
| 2013 | $4.6M | $289K | $2.9M | $468K |
| 2012 | $2.2M | $136K | $688K | $113K |
| 2011 | $1.6M | $83K | $786K | $48K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.