Rockwater Foundation
- Assets
- $35.7m
- Revenue
- $1.0m
- Investments
- $35.4m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 09/2013
- Data as of
- 12/2023
- EIN
- 46-1537126
Organization Overview
Rockwater Foundation is located in Palo Alto, CA. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockwater 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 12/2023, Rockwater Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rockwater Foundation has awarded 81 individual grants totaling $24,340,015. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Dh Wagner President/director | 1 | $0 | |
Jackson Hm Wagner Secretary/treasurer/director | 1 | $0 | |
Benjamin Eh Wagner Director | 1 | $0 | |
James Ch Wagner Director | 1 | $0 | |
Wayne Os Haig Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $115,402 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $867,444 |
| Capital Gain Net Income | $1,377,971 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,007,846 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,953 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,023 |
| Total operating and administrative expenses | $216,781 |
| Contributions, gifts, grants paid | $3,318,206 |
| Total expenses and disbursements | $3,534,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10 |
| Savings and temporary cash investments | $270,342 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $83,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,367,428 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,718,825 |
| Accounts payable and accrued expenses | $17,465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $341,000 |
| Total liabilities | $358,465 |
Grants Awarded
Over the last fiscal year, Rockwater Foundation has awarded $3,318,206 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE WORKS PURPOSE: GENERAL SUPPORT | $448,874 |
BIBLEPROJECT PURPOSE: GENERAL SUPPORT | $250,000 |
MENLO PARK PRESBYTERIAN CHURCH PURPOSE: GENERAL SUPPORT | $2,507,332 |
RAIZ FOUNDATION INC PURPOSE: AMAZON WELL PROJECT | $6,000 |
SPECIAL OPS SV INC PURPOSE: GENERAL SUPPORT | $106,000 |