Waterfall Foundation

Organization Overview

Waterfall Foundation is located in Fairbanks, AK. The organization was established in 2001. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterfall Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Waterfall Foundation generated $275.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $283.4k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Waterfall Foundation has awarded 18 individual grants totaling $1,527,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AWARENESS AND MONEY FOR HEALTH CARE ISSUES IN ALASKA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATED TO THE BREAST CANCER DETECTION CENTER OF ALASKA TO ENABLE THEM TO PROVIDE ALASKAN RESIDENTS ACCESS TO MAMMOGRAMS THROUGHOUT THE STATE OF ALASKA.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Murkowski
Honorary Chair
$0
Marilyn Romano
Board Member
$0
Sam Kito
Board Member
$0
Joel Gilbertson
President
$0
Andrew Lundquist
Vice-President
$0
Joseph Everhart
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$359,646
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $34,035
Total Revenue from Contributions, Gifts, Grants & Similar$359,646
Total Program Service Revenue$0
Investment income $138
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$84,064
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $275,720

Grants Awarded

Over the last fiscal year, Waterfall Foundation has awarded $220,000 in support to 2 organizations.

Grant RecipientAmount

BREAST CANCER DETECTION CENTER OF ALASKA

PURPOSE: HEALTH SCREENING

$200,000

KETCHIKAN MEDICAL CENTER FOUNDATION

PURPOSE: HEALTH SCREENING

$20,000
View Grant Profile

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