Waterstone Supporting Organization Trust 1
ActiveCommunity Improvement
About Waterstone Supporting Organization Trust 1
Honoring God through the transformational power of giving. Serving Givers at the intersection of faith and finance. Building the Kingdom by transforming assets into living water.
Focus Areas
Donor-advised funds / Giving fundsCharitable trusts (Charitable Remainder Trusts, Charitable Pooled Trusts)Gifts of real estateGifts of business interestsAppreciated assets and marketable securitiesChurch and faith-based nonprofit support
Funding Style
general operating supportunrestricted supportcore/organizational support
About Waterstone Supporting Organization Trust 1
Waterstone Supporting Organization Trust 1 directs nearly all of its recent grantmaking through faith-based support organizations and related charitable entities, with two very large general-support grants to Christian Community Foundation Inc Dba Waterstone in 2023 and 2024. That pattern points to a structure built around moving assets into charitable vehicles rather than a conventional operating foundation model. The trust’s grantmaking also includes a large 2023 grant to National Christian Foundation, showing use of established Christian giving platforms beyond its own network. Its published focus areas reinforce that model. The trust works with donor-advised funds and giving funds, charitable trusts, gifts of real estate, business interests, appreciated securities, and crypto donations, all framed as ways to convert assets into charitable impact. Philosophy tags emphasize general operating support, unrestricted support, and core support, which matches the recent grants list. Most of the recent dollars went to Colorado Springs recipients, and the recipient base is entirely U.S.-based in the records provided.
What Waterstone Supporting Organization Trust 1 Funds
Church and faith-based nonprofit support is central to the trust’s recent giving. In 2024, it gave $21,585,926 to Christian Community Foundation Inc Dba Waterstone for general support, a grant that fits its broader role in serving givers through faith and finance. The trust also supports intermediary organizations that manage charitable capital. It gave $2,840,218 to National Christian Foundation for general support in 2023, alongside smaller grants to Hexagon Foundation and Waterstone Support Foundation in Colorado Springs. On the asset-conversion side, its active programs cover closely held business interests, appreciated securities, real estate, crypto, cash, and non-traditional assets such as agricultural commodities and grain. Those offerings show how the organization channels a wide range of gifts into charitable funds and income streams rather than limiting itself to cash contributions.
How Waterstone Supporting Organization Trust 1 Gives
The reported grant-size distribution is wide: the 25th percentile is $272,000, the median is $1,670,109, and the 75th percentile is $16,899,499. Recent activity shows a small number of very large grants and several much smaller awards, all listed as general support. Waterstone Supporting Organization Trust 1 funds organizations rather than individuals, and it does not make program-related investments. The recent grants list includes repeat giving to Christian Community Foundation Inc Dba Waterstone across 2023 and 2024, which suggests ongoing support rather than one-off awards. The available program descriptions also show an open intake model: multiple giving channels are marked as accepting unsolicited donations or fund arrangements.
Financial Snapshot
Annual Giving
$21.6M
Total Assets
$235.6M
Total Revenue
$61.8M
Total Expenses
$23.5M
Typical Grant Size
Most grants fall between $272K and $16.9M, with a median of $1.7M.
25th Percentile
$272K
Median
$1.7M
75th Percentile
$16.9M
Geographic Reach
Local2 states funded
Funding intensity
LowHigh
Headquarters
Leadership
RICHARD VON GNECHTEN
Accepts unsolicited proposals
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