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Nasser And Rula Watar Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $1.6M. Annual income is reported at $859K. Total assets have grown from $73K in 2014 to $1.5M in 2023. The foundation is governed by 4 officers and trustees. 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, Nasser And Rula Watar Foundation has made 9 grants totaling $799K, with a median grant of $13K. Annual giving has grown from $16K in 2020 to $633K in 2023. Individual grants have ranged from $3K to $532K, with an average award of $89K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in District of Columbia and California and New York. 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.
Nasser And Rula Watar Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in DC, CA, NY.
Nasser And Rula Watar Foundation has distributed a total of $799K across 9 grants. The median grant size is $13K, with an average of $89K. Individual grants have ranged from $3K to $532K.
Nasser And Rula Watar Foundation typically selects its grantees rather than accepting unsolicited proposals.
Nasser And Rula Watar Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nadine Watar | Sec | $0 | $0 | N/A |
| Nasser Watar | Dir, Pres | $0 | $0 | N/A |
| Rula Watar | Dir, Treas | $0 | $0 | N/A |
| Sara Watar | Dir | $0 | $0 | N/A |
Total Giving
$642K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$633K
Contributions
$2M
Net Investment Income
$37K
Distribution Amount
$40K
Total Grants
9
Total Giving
$799K
Average Grant
$89K
Median Grant
$13K
Unique Recipients
6
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Makassed Foundation Of AmericaGeneral & Unrestricted | Washington, DC | $532K | 2023 |
| American Lebanese Tripolian Organization IncGeneral & Unrestricted | Irvine, CA | $76K | 2023 |
| American Relief Fund IncGeneral & Unrestricted | Oak Hills, CA | $10K | 2023 |
| Feusa IncGeneral & Unrestricted | Washington, DC | $10K | 2023 |
| American University Of BeirutWAAAUB Orange County Chapter Endowed Scholarship fund | New York, NY | $5K | 2023 |
| Islamic Center Of GlendaleGeneral & Unrestricted | Glendale, CA | $3K | 2020 |