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E G Watkins Family Foundation is a private trust based in WEST PALM BCH, FL. The foundation received its IRS ruling in 1998. The principal officer is Bessemer Trust. It holds total assets of $226K. Annual income is reported at $515K. Total assets have grown from $913K in 2011 to $2.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and Florida. According to available records, E G Watkins Family Foundation has made 16 grants totaling $14.9M, with a median grant of $38K. The foundation has distributed between $6.9M and $7.9M annually from 2021 to 2022. Individual grants have ranged from $2K to $7.5M, with an average award of $929K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Massachusetts and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$120K
Average Grant
$1.9M
Largest Grant
$11.4M
Based on 9 grants from the most recent 990-PF filing.
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.
E G Watkins Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MA, FL.
E G Watkins Family Foundation has distributed a total of $14.9M across 16 grants. The median grant size is $38K, with an average of $929K. Individual grants have ranged from $2K to $7.5M.
E G Watkins Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
E G Watkins Family Foundation is headquartered in WEST PALM BCH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Marzilli | TRUSTEE | $0 | $0 | N/A |
| Edward G Watkins | TRUSTEE | $0 | $0 | N/A |
Total Giving
$17.5M
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$17.5M
Contributions
$18.6M
Net Investment Income
$83K
Distribution Amount
$117K
Total Grants
16
Total Giving
$14.9M
Average Grant
$929K
Median Grant
$38K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cushing Academyeducation | Ashburnham, MA | $6.5M | 2022 |
| Nantucket Cottage HospitalMedical | Nantucket, MA | $200K | 2022 |
| Cleveland Clinic Floridamedical | Weston, FL | $100K | 2022 |
| Brigham & Women'S Hospitalmedical | Boston, MA | $100K | 2022 |
| Best Buddies InternationalEnhances the lives of people with intellectual and developmental disabilities | Miami, FL | $25K | 2022 |
| Palm Beach Police Foundationsupports the Town of Palm Beach Police Department | Palm Beach, FL | $10K | 2022 |
| Raymond F Kravis Centerperforming arts | West Palm, FL | $10K | 2022 |
| Gardner Schooleducation | Gardner, MA | $2K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL