Blanche M & George L Watts Mountainside Comm Fdtn
Blanche M & George L Watts Mountainside Comm Fdtn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 20 grants totaling $258K. Net investment income was $661K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+8.0% YoY
Annual Giving
$258K
+2.7% YoY
Grant Count
20
-16.7% YoY
Avg Grant Size
$13K
+23.2% YoY
Under IRS private-foundation payout rules, Blanche M & George L Watts Mountainside Comm Fdtn reported a distributable amount of $365K for 2024 — the minimum it must pay out in qualifying distributions.
About Blanche M & George L Watts Mountainside Comm Fdtn
Based on IRS filings
Blanche M & George L Watts Mountainside Comm Fdtn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 20 grants totaling $258K. Net investment income was $661K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,306,361 | $3,986,136 | $3,981,765 |
| Revenue | $690,482 | $352,561 | $375,403 |
| Expenses | $355,794 | $347,588 | $322,418 |
| Qualifying Distributions | $326,061 | $317,086 | $314,206 |
| Net Investment Income | $660,749 | $322,059 | $185,041 |
| Distributable Amount | $365,138 | $343,758 | $352,914 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
112 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sage ($50,000), Mountainside Rescue Squad ($49,097), Mountainside Fire Department ($26,628).
| Recipient | Purpose | Amount |
|---|---|---|
| Borough of Mountainside Mountainside, NJ | General operating expense | $4,323 |
| Caring Contact Westfield, NJ | General operating expense | $7,500 |
| Childrens Specialized Hospital Mountainside, NJ | General operating expense | $15,000 |
| Community Foundation of NJ Morristown, NJ | Tuition aid to Mountainside students | $10,000 |
| Community Presbyterian Church Mountainside, NJ | General operating expense | $1,052 |
| Deerfield School Mountainside, NJ | General operating expense | $8,600 |
| Imagine Mountainside, NJ | General operating expense | $10,000 |
| Jewish Family Service of Central NJ Elizabeth, NJ | General operating expense | $7,500 |
| Loyola University Jersey City, NJ | Tuition assistance | $5,000 |
| Mountainside Fire Department Mountainside, NJ | General operating expense | $26,628 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nicholas Bradshaw | Trustee | 5 | — |
| Sue Winans | President | 2 | — |
| Dewey Moser | Treasurer | 2 | — |
| Gina Perrotta | Secretary | 2 | — |
| Tricia Yurochko | Trustee | 2 | — |
| Mark Dipietro | Vice President | 2 | — |
| Anne K Woodard | Trustee | 2 | — |
| Nancy Lubarsky | Trustee | 2 | — |
| Scott Hahner | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Blanche M & George L Watts Mountainside Comm Fdtn?
Blanche M & George L Watts Mountainside Comm Fdtn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTFIELD, NJ. It holds $4.3M in total assets as of 2024.
How large is Blanche M & George L Watts Mountainside Comm Fdtn?
As of 2024, Blanche M & George L Watts Mountainside Comm Fdtn holds $4.3M in total assets with $690K in annual revenue. It awarded 20 grants totaling $258K in 2024.
Where does Blanche M & George L Watts Mountainside Comm Fdtn operate?
Blanche M & George L Watts Mountainside Comm Fdtn has awarded grants in Connecticut, District of Columbia, Delaware, Florida, Louisiana, North Carolina, New Jersey, Ohio, Tennessee.
What size grants does Blanche M & George L Watts Mountainside Comm Fdtn award?
In 2024, Blanche M & George L Watts Mountainside Comm Fdtn awarded 20 grants totaling $258K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Blanche M & George L Watts Mountainside Comm Fdtn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Blanche M & George L Watts Mountainside Comm Fdtn reported a distributable amount of $365K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Blanche M & George L Watts Mountainside Comm Fdtn's EIN?
Blanche M & George L Watts Mountainside Comm Fdtn's EIN (Employer Identification Number) is 20-2942228. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Blanche M & George L Watts Mountainside Comm Fdtn's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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