Arthur K Watson Trust XXXXX5001
Arthur K Watson Trust XXXXX5001 is a private foundation based in Chicago, Illinois. Its 2024 filing states that grants are limited to medical research or non-government-provided education programs.
Key facts about Arthur K Watson Trust XXXXX5001
In short: Arthur K Watson Trust XXXXX5001 gave $1.4M across 44 grants in 2025 (avg $32K), top state Maine. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 13-2989468
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,428,500
- Grants made (2025)
- 44
- Average grant
- $32,466
- Median grant
- $15,000
- New grantees (estimate)
- 32% first-time grantees (14 of 44, 2025)
- Total assets
- $8,754,173
- Primary geography
- Maine (44% of itemized 2025 grant dollars)
- Deadline
- No deadlines.
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$8.8M
-5.9% YoY
Annual Giving
$1.4M
+21.1% YoY
Grant Count
44
+10.0% YoY
Avg Grant Size
$32K
+10.1% YoY
Under IRS private-foundation payout rules, Arthur K Watson Trust XXXXX5001 reported a distributable amount of $658K for 2025 — the minimum it must pay out in qualifying distributions.
Is Arthur K Watson Trust XXXXX5001 open to new grantees?
32%
first-time grantees, 2025
In 2025, 14 of 44 grantees (32%) were first-time recipients. First grants averaged $19K; repeat grants $39K. How we count
Medians: $10K first-time, $25K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+18%). Method
- In 2025 it paid out 223% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2024 filing limits grants to medical research or non-government-provided education programs. Among its 2025 grantees, Piney Woods School describes its mission as preparing learners to meet future challenges through a holistic, faith-inspired education. The Portland Museum of Art describes its mission as making art accessible to all in an inclusive space.
Grantmaking
In 2025, the trust made 44 grants totaling $1,428,500. Grants ranged from $500 to $184,000, with a median of $15,000. The largest listed grants included $184,000 to Piney Woods School, $160,000 to HonorHealth Foundation, $125,000 to Mid-Coast Health Net Inc (Knox Clinic), $100,000 to the National Kidney Foundation, and $82,500 to The Jackson Laboratory.
Review Cycle
No deadlines.
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Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed primarily to organizations in Maine (44%), followed by Arizona (13%), Mississippi (13%), Connecticut (9%), and New York (7%). Listed recipients also included an organization in Rhode Island.
Grant Distribution by State
Share of 2025 grant dollars across all 44 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $1.0M (2023) to $1.4M (2025). In 2025 it made 44 grants totaling $1.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Piney Wood School ($184K). Together the top 10 received $907K.
Grant Size Distribution
145 grants across all recorded years
The most common grant size was under $50K: 101 grants of 145 (70%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Piney Wood School Piney Woods, MS | General | $184,000 |
| Honorhealth Foundation Scottsdale, AZ | General | $160,000 |
| Mid-Coast Health Net Inc (Knox Clinic) DBA the Knox Clinic Rockland, ME | General Operating | $125,000 |
| National Kidney Foundation New York, NY | To Support Research | $100,000 |
| The Jackson Laboratory Bar Harbor, ME | General | $82,500 |
| Mainehealth Penbay Medical Center Rockport, ME | Pen Bay Waldo Healthcare | $55,000 |
| William a Farnsworth Library and Art Museum Rockland, ME | General Support | $50,000 |
| Portland Museum of Art Portland, ME | General | $50,000 |
| Ethel Walker School Inc Simsbury, CT | General | $50,000 |
| Sail Maine Portland, ME | General | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum |
|---|---|---|---|---|
| 2025 | $8,754,173 | $994,635 | $1,541,515 | $1,428,500 |
| 2024 | $9,301,052 | $510,676 | $1,299,232 | $1,180,000 |
| 2023 | $10,114,549 | $697,928 | $1,132,024 | $1,017,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,754,173 | $9,301,052 | $10,114,549 |
| Revenue | $994,635 | $510,676 | $697,928 |
| Expenses | $1,541,515 | $1,299,232 | $1,132,024 |
| Qualifying Distributions | $1,468,500 | $1,220,000 | $1,056,966 |
| Net Investment Income | $911,462 | $431,037 | $670,555 |
| Distributable Amount | $658,232 | $640,027 | $627,310 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 6, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 6, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 5, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS October 8, 2025)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
JPMorgan Chase Bank N.A. serves as trustee.
Arthur K Watson Trust XXXXX5001's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2021
5 hrs/week
$111K (2021) → $108K (2025)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $108K, to JP Morgan Chase Bank NA (Trustee).
Contact
Application contact: Jp Morgan Chase Bank N A
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Frequently asked questions about Arthur K Watson Trust XXXXX5001
How much does Arthur K Watson Trust XXXXX5001 give each year?
Arthur K Watson Trust XXXXX5001 gave $1.4M across 44 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 40 grants.
What is Arthur K Watson Trust XXXXX5001's typical grant size?
Arthur K Watson Trust XXXXX5001's median grant in 2025 was $15,000, and its average grant was $32,466, across 44 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Arthur K Watson Trust XXXXX5001 that year got $19K on average.
Where does Arthur K Watson Trust XXXXX5001 give grants?
Arthur K Watson Trust XXXXX5001's top state is Maine, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Arizona (13%) and Mississippi (13%). The most frequent recipient cities were Portland, ME (6 grants), Camden, ME (6 grants), Rockland, ME (2 grants) and Bar Harbor, ME (2 grants).
Does Arthur K Watson Trust XXXXX5001 give general operating support?
Yes: 82% of Arthur K Watson Trust XXXXX5001's 2025 grants with a stated purpose (36 of 44) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Arthur K Watson Trust XXXXX5001's largest grantees?
Arthur K Watson Trust XXXXX5001's largest 2025 grantees include Piney Wood School ($184,000), Honorhealth Foundation ($160,000) and Mid-Coast Health Net Inc (Knox Clinic) DBA the Knox Clinic ($125,000), according to its 2025 IRS Form 990-PF. Together they received 33% of its itemized 2025 grant dollars.
How large is Arthur K Watson Trust XXXXX5001?
Arthur K Watson Trust XXXXX5001 reported $8.8M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $658K (roughly 5% of its investment assets).
What does Arthur K Watson Trust XXXXX5001 fund?
No mission statement for the trust is provided. Its 2024 filing limits grants to medical research or non-government-provided education programs. See mission & focus areas ↑
How do I apply for a grant from Arthur K Watson Trust XXXXX5001?
Arthur K Watson Trust XXXXX5001 has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Arthur K Watson Trust XXXXX5001's EIN?
Arthur K Watson Trust XXXXX5001's EIN (Employer Identification Number) is 13-2989468. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Arthur K Watson Trust XXXXX5001 by hand.
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