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Watson Foundation Inc. is a private corporation based in OAK RIDGE, TN. The foundation received its IRS ruling in 1959. It holds total assets of $1M. Annual income is reported at $32K. Total assets have grown from $280K in 2011 to $1M in 2022. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2022. Funding is distributed across 7 states, including Tennessee, District of Columbia, Georgia. According to available records, Watson Foundation Inc. has made 24 grants totaling $262K, with a median grant of $12K. Annual giving has grown from $72K in 2020 to $118K in 2022. Individual grants have ranged from $5K to $15K, with an average award of $11K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Tennessee, Washington, Florida, which account for 58% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$10K
Based on 8 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.
Watson Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in TN, WA, FL.
Watson Foundation Inc. has distributed a total of $262K across 24 grants. The median grant size is $12K, with an average of $11K. Individual grants have ranged from $5K to $15K.
Watson Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Watson Foundation Inc. is headquartered in OAK RIDGE, TN. While based in TN, the foundation distributes grants to organizations across 8 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel A Watson | PRESIDENT-TREASURER | $0 | $0 | N/A |
| Margery G Watson | SECRETARY | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$59K
Contributions
$2K
Net Investment Income
$29K
Distribution Amount
$67K
Total: $383K
Total Grants
24
Total Giving
$262K
Average Grant
$11K
Median Grant
$12K
Unique Recipients
9
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Food For The PoorANNUAL BUDGET | Coconut Creek, FL | $15K | 2022 |
| World VisionWHERE NEEDED | Federal Way, WA | $15K | 2022 |
| University Of TennesseeSCHOLARSHIPS | Knoxville, TN | $12K | 2022 |
| The Salvation ArmyANNUAL BUDGET | West Nyack, NY | $12K | 2022 |
| Heifer InternationalANNUAL BUDGET | Little Rock, AR | $5K | 2022 |
| CareANNUAL BUDGET | Atlanta, GA | $15K | 2021 |
| Interfaith Health ClinicANNUAL BUDGET | Knoxville, TN | $6K | 2021 |
| The Nature ConservancyANNUAL BUDGET | Arlington, VA | $10K | 2020 |
| American Red CrossANNUAL BUDGET | Washington, DC | $6K | 2020 |