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Walter E & Caroline H Watson Foundation is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1965. The principal officer is Pnc Bank. It holds total assets of $7.7M. Annual income is reported at $3M. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Ohio. According to available records, Walter E & Caroline H Watson Foundation has made 78 grants totaling $973K, with a median grant of $10K. Individual grants have ranged from $1K to $75K, with an average award of $12K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Ohio, Delaware, Pennsylvania, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Walter E & Caroline H Watson Foundation reported 78 individual grants totaling $973,356 in 2022 across its IRS Form 990-PF filings, with a median grant of $10,000. Half of those grants fell between $5,000 and $10,000. Its largest single grant in the record was $75,288. Its most recent available filing, for fiscal year 2023, reports $363,623 in total giving.
Grantmaking is concentrated in OH, which received 72 of the 78 grants on record (92 percent). In total the foundation's grantees span 4 states. Of its 39 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Mercy Health Fdn ($150,576), Akron Children's Hospital ($150,576) and Community Corporation ($80,000).
Computed from 78 individual grant records (2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 4 states. Source: IRS 990-PF.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$42K
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.
Walter E & Caroline H Watson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in OH, DE, PA.
Walter E & Caroline H Watson Foundation has distributed a total of $973K across 78 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $1K to $75K.
The application deadline is CONTACT COMMITTEE. Contact committee.
Walter E & Caroline H Watson Foundation is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na | TRUSTEE | $49K | $0 | $49K |
Total Giving
$364K
Total Assets
$7.4M
Fair Market Value
$8.3M
Net Worth
$7.4M
Grants Paid
$309K
Contributions
N/A
Net Investment Income
$728K
Distribution Amount
$377K
Total: $796K
Total Grants
78
Total Giving
$973K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
39
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Young Womens Christian AssociationSTEAM AHEAD SUMMER CAMPS | Youngstown, OH | $10K | 2022 |
| Akron Children'S HospitalGENERAL PURPOSE | Akron, OH | $75K | 2022 |
| Mercy Health FdnGENERAL SUPPORT | Youngstown, OH | $75K | 2022 |
| Community CorporationSUCCESS BY & AFTER 6 & | Youngstown, OH | $40K | 2022 |
| Ursuline Sisters MissionURSULINE SISTERS | Youngstown, OH | $20K | 2022 |
| Catholic CharitiesGENERAL | Youngstown, OH | $20K | 2022 |
| Rescue Mission Of Mahoning ValleyREDUCING FOOD INSECURITY | Youngstown, OH | $20K | 2022 |
| Coleman Health ServicesGAP FUNDING FOR HOMELESS | Kent, OH | $15K | 2022 |
| Youngstown Neighborhood Development CorpCLEANUP DUMP TRUCK | Youngstown, OH | $15K | 2022 |
| Butler Institute Of American ArtGENERAL PURPOSE | Youngstown, OH | $10K | 2022 |
| Boys And Girls Club OfAFTER SCHOOL PROGRAMMING | Youngstown, OH | $10K | 2022 |
| The Youngstown EdisonLAUNCHPAD | Youngstown, OH | $10K | 2022 |
| Heart Reach NeighborhoodSUPER KIDS - WATSON | Youngstown, OH | $10K | 2022 |
| Easter Seals Society Of MahoningGENERAL SUPPORT | Youngstown, OH | $10K | 2022 |
| Youngstown Area Goodwill IncWORKFORCE DEVELOPMENT | Youngstown, OH | $10K | 2022 |
| Kool Boiz FoundationYM EMPOWERMENT SERIES | Middletown, DE | $10K | 2022 |
| Akiva AcademyEDUCATION PROGRAM | Youngstown, OH | $10K | 2022 |
| Second Harvest FoodbankFEEDING MAHONING COUNTY | Youngstown, OH | $10K | 2022 |
| Potential Development ProgramLIFE SKILLS LAB | Youngstown, OH | $10K | 2022 |
| Compass Family & Community ServicesCHILD WELFARE PROGRAMS | Youngstown, OH | $10K | 2022 |
| American Red CrossGENERAL SUPPORT | Youngstown, OH | $9K | 2022 |
| Sister Jerome'S SchoolsGENERAL SUPPPORT | Youngstown, OH | $8K | 2022 |
| Smarts Students Motivated By The ArtsGENERAL SUPPORT | Youngstown, OH | $8K | 2022 |
| Inspiring MindsGENERAL SUPPORT | Cleveland, OH | $6K | 2022 |
| Trumbull Mobile MealsMOBILE MEALS | Warren, OH | $6K | 2022 |