Also known as: FAMILY FOUNDATION INC
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Mitchell W Watts Fam Foundation Inc. is a private corporation based in CONCORD, NC. The foundation received its IRS ruling in 2008. It holds total assets of $2.5M. Annual income is reported at $1.2M. Total assets have grown from $754K in 2011 to $2.2M 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. Grantmaking is concentrated in North Carolina. According to available records, Mitchell W Watts Fam Foundation Inc. has made 90 grants totaling $235K, with a median grant of $1K. Individual grants have ranged from $100 to $22K, with an average award of $3K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in North Carolina, Missouri, Florida, which account for 56% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$750
Average Grant
$3K
Largest Grant
$40K
Based on 32 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.
Mitchell W Watts Fam Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in NC, MO, FL.
Mitchell W Watts Fam Foundation Inc. has distributed a total of $235K across 90 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $22K.
Mitchell W Watts Fam Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mitchell W Watts Fam Foundation Inc. is headquartered in CONCORD, NC. While based in NC, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa Faye Watts Overcash | Secretary | $0 | $0 | N/A |
| Mitchell W Watts | President | $0 | $0 | N/A |
Total Giving
$131K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$116K
Contributions
$12K
Net Investment Income
$317K
Distribution Amount
$112K
Total Grants
90
Total Giving
$235K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
45
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys Girls ClubOPERATIONS | Concord, NC | $5K | 2022 |
| Salvation ArmyOPERATIONS | Concord, NC | $2K | 2022 |
| Pharmacy Foundation Of Nc IncOPERATIONS | Chapel Hill, NC | $22K | 2022 |
| Campbell UniversityOPERATIONS | Buies Creek, NC | $13K | 2022 |
| Unity School Of ChristianityOPERATION | Lees Summit, MO | $10K | 2022 |
| Project VeritasOPERATIONS | Washington, DC | $5K | 2022 |
| St Judes Childrens Research HospitaOPERATIONS | Memphis, TN | $5K | 2022 |
| Masonic Home For ChildrenOPERATIONS | Oxford, NC | $5K | 2022 |
| Samaritans PurseOPERATIONS | Boone, NC | $5K | 2022 |
| Americas Frontline DoctorsOPERATION | Houston, TX | $5K | 2022 |
| Volunteer Fl FoundationOPERATIONS | Tallahassee, FL | $5K | 2022 |
| Nc Sheriffs AssociationOPERATIONS | Raleigh, NC | $5K | 2022 |
| Tunnel To TowersOPERATIONS | Staten Island, NY | $4K | 2022 |
| Operation HomelessOPERATIONS | Kannapolis, NC | $3K | 2022 |
| Allen Graham Masonic LodgeOPERATION | Kannapolis, NC | $3K | 2022 |
| Doctors Without BordersOPERATIONS | Hagerstown, MD | $3K | 2022 |
| Shriners Hospital For ChildrenOPERATIONS | Tampa, FL | $3K | 2022 |
| Boy Scouts Of AmericaOPERATION | Raleigh, NC | $2K | 2022 |
| Central Nc Council BsaOPERATIONS | Albemarle, NC | $2K | 2022 |
| Special OlympicsOPERATIONS | Morrisville, NC | $1K | 2022 |
| Wounded Warrior ProjectOPERATIONS | Topeka, KS | $1K | 2022 |
| Tamassee Dar SchoolOPERATIONS | Tamassee, SC | $1K | 2022 |
| Toys For TotsOPERATIONS | Des Moines, IA | $1K | 2022 |
| Smile TrainOPERATIONS | New York, NY | $1K | 2022 |
| Concord Police FoundationOPERATIONS | Concord, NC | $1K | 2022 |