Felix H & Madge B Watson Scholarship Trust

Foundation · Grantmaker SAINT LOUIS, MO EIN: 74-6500001

Felix H & Madge B Watson Scholarship Trust is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $183K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$183K

-1.9% YoY

Annual Giving

$6K

-42.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-42.9% YoY

Under IRS private-foundation payout rules, Felix H & Madge B Watson Scholarship Trust reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Felix H & Madge B Watson Scholarship Trust

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $39K (100%)

States

Texas

Cities

AbileneDentonFort WorthGainesvilleLubbockStephenvilleVernonWichita Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$182,828	$186,316	$202,701
Revenue	$7,986	$4,657	$5,115
Expenses	$11,665	$16,597	$14,151
Qualifying Distributions	$9,314	$14,378	$11,332
Net Investment Income	$5,068	$3,684	$4,675
Distributable Amount	$10,110	$9,556	$12,039

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Midwestern State University Fbo Kolton ($6,000).

Recipient	Purpose	Amount
MIDWESTERN STATE UNIVERSITY FBO KOLTON WICHITA FALLS, TX	SCHOLARSHIP	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$3,096

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Felix H & Madge B Watson Scholarship Trust?

Felix H & Madge B Watson Scholarship Trust is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $183K in total assets as of 2024.

How large is Felix H & Madge B Watson Scholarship Trust?

As of 2024, Felix H & Madge B Watson Scholarship Trust holds $183K in total assets with $8K in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does Felix H & Madge B Watson Scholarship Trust operate?

Felix H & Madge B Watson Scholarship Trust has awarded grants in Texas.

What size grants does Felix H & Madge B Watson Scholarship Trust award?

In 2024, Felix H & Madge B Watson Scholarship Trust awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Felix H & Madge B Watson Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Felix H & Madge B Watson Scholarship Trust reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Felix H & Madge B Watson Scholarship Trust's EIN?

Felix H & Madge B Watson Scholarship Trust's EIN (Employer Identification Number) is 74-6500001. IRS Form 990 filing data is available on this page for 2020–2024.