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Watts Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2006. The principal officer is Foundation Source. It holds total assets of $61K. Annual income is reported at $20K. Total assets have grown from $14K in 2011 to $61K 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. According to available records, Watts Family Foundation has made 4 grants totaling $26K, with a median grant of $5K. Annual giving has grown from $3K in 2022 to $23K in 2023. Individual grants have ranged from $2K to $15K, with an average award of $6K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. 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.
Watts Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Watts Family Foundation has distributed a total of $26K across 4 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $2K to $15K.
Watts Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Watts Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Debra Watts | VP, Dir | $0 | $0 | N/A |
| Richard Watts | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$61K
Fair Market Value
$65K
Net Worth
$61K
Grants Paid
$23K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$3K
Total: $56K
Total Grants
4
Total Giving
$26K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mariners ChurchGeneral & Unrestricted | Irvine, CA | $15K | 2023 |
| Orange County Sheriffs Advisory CouncilGeneral & Unrestricted | Santa Ana, CA | $8K | 2023 |
| International Committee Of The Red CrossFor the sole benefit of Ukraine | Geneva | $2K | 2022 |