WaterStreet Foundation provides grant awards to organizations who have tax-exempt 501(c)(3) status and whose primary mission is dedicated to child and adult educational enrichment, child or family focused health care initiatives, and family and community based social service programs.
The Foundation does not support:- Grants or loans to individuals
- Loans to charitable organizations
- Organizations that exclude participants based on race or religion
- The purchase of dinner, gala, or raffle tickets
- School fundraisers or events (including sports and other extracurricular activities)
- Tax-generating entities (municipalities, school districts, etc.) for services within their normal responsibilities
- Public or private educational institutions for recurrent operating, administrative, or capital expenses (i.e. acquisition, construction, improvement and maintenance of buildings and equipment), or scholarships that subsidize an existing funding base
Review Process
Applications are accepted year round and are scheduled for review based on the order in which they are received. The Board of Directors reviews applications at its quarterly meetings, generally held in March, June, September, and December.
Organizations are encouraged to submit applications as early as possible in the quarter to allow for timely review by the Foundation board prior to board meetings. The Foundation will acknowledge receipt of grant applications as quickly as possible, usually within two weeks, and applicants will be advised if any further information is required. Applicants can expect responses within two weeks following the board meeting at which the grant is reviewed.
All foundations chosen by the Board of Directors to receive an award will be required to provide the documentation listed below and a final report within 60 days of their fiscal year end which outlines the use of the funds. WaterStreet Foundation Board Members may request onsite visits of the organization's facility prior to issuing the grant award.
Required Documents
Potential grant candidates must provide the following documentation to the WaterStreet Foundation for review in order to be considered for an award.
- Complete Grant Application
- Copy of the Internal Revenue Service's 501(c)(3) nonprofit status letter
- Most recent IRS Form 990
- Copy of last year's audited financial statements
- Annual report (if your agency publishes one)
- Signed letter of agreement
Attachments can be
or mailed to:
WaterStreet Foundation, Inc.
ATTN: Meredith Casey
100 Congress Avenue, Suite 1400
Austin, Texas 78701
