The Indiana State Capitol

Form 990-PFTax year 2025EIN 87-3096145

Watersite Foundation

A private foundation in Indianapolis, IN. Its return for tax year 2025 lists 11 grants and $43,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $43,000

    Grants listed
    11
    Assets, end of year
    $1,226,092
  • Tax year 2024

    $40,500

    Grants listed
    11
    Assets, end of year
    $1,015,087
  • Tax year 2023

    $38,000

    Grants listed
    8
    Assets, end of year
    $933,238
  • Tax year 2022

    $1,000

    Grants listed
    1
    Assets, end of year
    $1,033,904
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $1,005,030

Grants paid in 2025

11 grants, largest first

As listed on the return.

  1. Rose Hulman Institute of TechnologyTerre Haute, IN

    Unrestricted

    $10,000
  2. Marion UniversityIndianapolis, IN

    Unrestricted

    $9,000
  3. Little Red Door Cancer AgencyIndianapolis, IN

    Unrestricted

    $5,000
  4. Scholarships for SpeedwayIndianapolis, IN

    Unrestricted

    $5,000
  5. Center for Leadership DevelopmentIndianapolis, IN

    Unrestricted

    $5,000
  6. Indiana State GamesEvansville, IN

    Unrestricted

    $2,000
  7. B&O Trail AssociationBrownsburg, IN

    Unrestricted

    $2,000
  8. Team Nebo RidgeIndianapolis, IN

    Unrestricted

    $2,000
  9. Purdue Fort Wayne FoundationFort Wayne, IN

    Unrestricted

    $1,000
  10. Friends of Marott Woods Nature PreserveIndianapolis, IN

    Unrestricted

    $1,000
  11. Cutters CyclingBloomington, IN

    Unrestricted

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $5,00026% of the total
  2. Health1 grant $5,00026% of the total
  3. Public affairs1 grant $5,00026% of the total
  4. Sports and recreation2 grants $4,00021% of the total

By State

Grants to organizations with a US address, latest year.

  1. Indiana11 grants $43,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Karen VanceTRUSTEE Hours 1Pay $0
  • Allen GallowayTRUSTEE Hours 1Pay $0

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

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