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Filing year 2024

THE WATERFIELD FOUNDATION INC

Fort Wayne, Indiana·EIN 35-1872984·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$262k
Total assets
$1.3M
Total expenses
$465k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

Executive Director
Below 10th percentile
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE WATERFIELD FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$398k

Itemized grants

53

Median grant

$2k

RecipientLocationPurposeAmount
CLEAR LAKE TWP LAND CONSERVANCYFREMONT, INLAND PRESERVE$166k
COLUMBIA UNIVERSITYNEW YORK, NYENDOWMENT$65k
SUNDANCE INSTITUTEPARK CITY, UTGENERAL OPERATIONS$25k
COM FDN OF GREATER FORT WAYNEFORT WAYNE, INBOOK FUND$10k
BRIDGE OF GRACEFORT WAYNE, INGENERAL OPERATIONS$10k
AMANI FAMILY SERVICES INCFORT WAYNE, INGENERAL OPERATIONS$5k
BLUE JACKET INCFORT WAYNE, INGENERAL OPERATIONS$5k
CASS HOUSING INCFORT WAYNE, INGENERAL OPERATIONS$5k
LITERARY ALLIANCEFORT WAYNE, INGENERAL OPERATIONS$5k
NORTHWESTERN UNIVERSITYEVANSTON, ILSCHOLARSHIPS$5k
RILEY CHILDREN'S FOUNDATIONINDIANAPOLIS, INGENERAL OPERATIONS$5k
ROLLING INTO ROANOKE INCROANOKE, INGENERAL OPERATIONS$5k
TURNSTONE CTR FOR CHILDREN A & ADULTFORT WAYNE, INGENERAL OPERATIONS$5k
WELLSPRING INTERFAITH SOCIAL AGENCYFORT WAYNE, INGENERAL OPERATIONS$5k
BOYS & GIRLS CLUBS OF GREATER FWFORT WAYNE, INGENERAL OPERATIONS$4k
CHILL INCFORT WAYNE, INGENERAL OPERATIONS$4k
THIRTEEN STEP HOUSE INCFORT WAYNE, INGENERAL OPERATIONS$4k
CANCER SERVICES OF NE INDIANAFORT WAYNE, INGENERAL OPERATIONS$3k
HOPE ALIVE INCFORT WAYNE, INGENERAL OPERATIONS$3k
LUTHERAN LIFE VILLAGESFORT WAYNE, INGENERAL OPERATIONS$3k
SCIENCE CENTRAL INCFORT WAYNE, INSUMMER CAMPS$3k
FORT WAYNE YOUTHEATREFORT WAYNE, INGENERAL OPERATIONS$3k
RESPECT 360 INCHUNTERTOWN, INGENERAL OPERATIONS$3k
ALLEN COUNTY FW HISTORICAL SOCIETYFORT WAYNE, INGENERAL OPERATIONS$2k
ANTHONY WAYNE AREA BOY SCOUTSFORT WAYNE, INGENERAL OPERATIONS$2k
Compare this foundation's grantees

Down 10%
from 2023

From $27k in 2023 to $24k in 2024.

$27k
2023
$24k
2024
In today's dollarsEst.
Down 12% in real terms$29k to $26k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 10% from 2023 to 2024, while revenue fell 67%.

$27k in 2023 to $24k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE WATERFIELD FOUNDATION INC

What does the Chief Executive Officer of THE WATERFIELD FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE WATERFIELD FOUNDATION INC received $23,900 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE WATERFIELD FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Chief Executive Officer at THE WATERFIELD FOUNDATION INC falls in the bottom 10%. In 2024, the highest total compensation at THE WATERFIELD FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE WATERFIELD FOUNDATION INC's revenue and expenses?

In 2024, THE WATERFIELD FOUNDATION INC reported $262k in total revenue and $465k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.