Donald R Watson Foundation Inc

Foundation · Grantmaker Wilmington, NC EIN: 56-1861816 Website

TO DONATE FUNDS TO CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS, AND SCIENTIFIC ORGANIZATIONS, PROVIDED ALL RECIPIENT ORGANIZATIONS ARE TAX EXEMPT ORGANIZATIONS AND ELIGIBLE TO RECEIVE CHARITABLE DONATIONS.

Key facts about Donald R Watson Foundation Inc

In short: Donald R Watson Foundation Inc gave $77K across 3 grants in 2025 (avg $26K), mostly in North Carolina. Source: 2025 IRS Form 990 filing.

EIN: 56-1861816
Latest 990 filing: Form 990 filing, 2025
Annual giving (2025): $76,519
Grants made (2025): 3
Average grant: $25,506
Median grant: $7,652
Total assets: $1,621,368
Primary geography: North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990 filing, 2025; updated September 2026.

Quick answers about Donald R Watson Foundation Inc

How much does Donald R Watson Foundation Inc give each year?

Donald R Watson Foundation Inc gave $77K across 3 grants in 2025, according to its 2025 IRS Form 990 filing. In 2024 it gave $76K across 3 grants.

What is Donald R Watson Foundation Inc's typical grant size?

Donald R Watson Foundation Inc's median grant in 2025 was $7,652, and its average grant was $25,506, across 3 grants on its 2025 IRS Form 990 filing.

Where does Donald R Watson Foundation Inc give grants?

Donald R Watson Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Wilmington, NC (2 grants).

Does Donald R Watson Foundation Inc give general operating support?

Yes: 33% of Donald R Watson Foundation Inc's 2025 grants with a stated purpose (1 of 3) were for general or operating support, per its 2025 IRS Form 990 filing.

How Donald R Watson Foundation Inc gives

Giving held roughly steady from 2022 to 2025 (−4%). Method

From the foundation's IRS Form 990 filings. Methodology.

Next steps with Donald R Watson Foundation Inc

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Financial Overview

From 2025 IRS Form 990 filing · View filing

Total Assets

$1.6M

+5.5% YoY

Annual Giving

$77K

+1.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$26K

+1.3% YoY

About Donald R Watson Foundation Inc

Based on IRS filings

Donald R Watson Foundation Inc is a nonprofit organization focused on Education, based in Wilmington, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 3 grants totaling $77K. Net investment income was $114K.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $77K (100%)

Share of all 3 itemized 2025 grant dollars.

States

North Carolina

Cities

WilmingtonDurham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,621,368	$1,537,302	$1,440,739
Revenue	$114,316	$32,419	$52,410
Expenses	$94,540	$92,593	$93,848
Qualifying Distributions	—	—	—
Net Investment Income	$114,316	$32,419	$52,410
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
UNIVERSITY OF NORTH CAROLINA WILMINGTON Wilmington, NC	SCHOLARSHIPS	$61,215
DUKE UNIVERSITY Durham, NC	MEDICAL RESEARCH	$7,652
ST JOHN'S EPISCOPAL CHURCH Wilmington, NC	GENERAL FUNDING	$7,652

Leadership & Key People

Officers and directors from IRS filings

Donald R Watson Foundation Inc is led by Aswani Volety, President on every filing since 2023; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

Aswani Volety

President

On filings since 2023

0.1 hrs/week

No compensation reported
Eddie Stuart

Director

On filings since 2020

0.1 hrs/week

No compensation reported
Bill Anlyan

Secretary

On filings since 2020

0.1 hrs/week

No compensation reported
Monica Watson

Vice President

On filings since 2020

0.1 hrs/week

No compensation reported
Robert Warwick

Treasurer

On filings since 2020

0.1 hrs/week

No compensation reported

Former officers (1)

Former: Jose V. Sartarelli (2020–2023) — Past President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Donald R Watson Foundation Inc?

Donald R Watson Foundation Inc is a nonprofit organization focused on Education, based in Wilmington, NC. It holds $1.6M in total assets as of 2025.

How large is Donald R Watson Foundation Inc?

As of 2025, Donald R Watson Foundation Inc holds $1.6M in total assets with $114K in annual revenue. It awarded 3 grants totaling $77K in 2025.

What is Donald R Watson Foundation Inc's EIN?

Donald R Watson Foundation Inc's EIN (Employer Identification Number) is 56-1861816. IRS Form 990 filing data is available on this page for 2020–2025.