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David P Watson Foundation is a private corporation based in EL SEGUNDO, CA. The foundation received its IRS ruling in 2014. It holds total assets of $10.5M. Annual income is reported at $5.1M. Total assets have grown from $148K in 2013 to $10.2M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, David P Watson Foundation has made 22 grants totaling $620K, with a median grant of $25K. The foundation has distributed between $290K and $330K annually from 2022 to 2023. Individual grants have ranged from $5K to $60K, with an average award of $28K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Oregon and Colorado. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David P Watson Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in CA, OR, CO.
David P Watson Foundation has distributed a total of $620K across 22 grants. The median grant size is $25K, with an average of $28K. Individual grants have ranged from $5K to $60K.
David P Watson Foundation typically selects its grantees rather than accepting unsolicited proposals.
David P Watson Foundation is headquartered in EL SEGUNDO, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy E Curry | CEO/CFO | $25K | $0 | $25K |
Total Giving
$574K
Total Assets
$10.2M
Fair Market Value
$10.2M
Net Worth
$10.2M
Grants Paid
$330K
Contributions
$6M
Net Investment Income
$110K
Distribution Amount
$471K
Total Grants
22
Total Giving
$620K
Average Grant
$28K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jimmy Miller FoundationTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Manhattan Beach, CA | $60K | 2023 |
| Richstone Family CenterTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Hawthorne, CA | $60K | 2023 |
| Sound Equine OptionsTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Gresham, OR | $60K | 2023 |
| Growing GreatTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Manhattan Beach, CA | $60K | 2023 |
| Doernbecher Childrens Hospital FoundationTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Portland, OR | $60K | 2023 |
| Albertina Kerr CentersTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Portland, OR | $15K | 2023 |
| Thrive In Joy Nick Fagnano FoundationTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Los Angeles, CA | $10K | 2023 |
| Generation U IncTO BE USED FOR CHARITY'S EXEMPT PURPOSE & CHARITABLE ACTIVITIES | Steamboat Springs, CO | $5K | 2023 |