Frank H Watson Trust
Frank H Watson Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $504K in total assets. In 2025, it awarded 3 grants totaling $31K. Net investment income was $49K.
Frank H Watson Trust at a glance
In short: Frank H Watson Trust gave $31K across 3 grants in 2025 (avg $10K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $30,696
- +28.7% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $10,232
- +28.7% vs 2024
- Median grant
- $10,232
- Total assets
- $503,845
- +2.7% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Frank H Watson Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Grand CHPTR Order of Eastn Star ($10K). Together the top 3 received $31K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Frank H Watson Trust gives
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $17K (2023) to $31K (2025). In 2025 it made 3 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand CHPTR Order of Eastn Star Macon, IL | Unrestricted General | $10,232 |
| Illinois Masonic Childrens Home Springfield, IL | Unrestricted General | $10,232 |
| Masonic Home Springfield, IL | Unrestricted General | $10,232 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $503,845 | $55,364 | $42,140 | $30,696 | 3 | $34,602 | $48,692 | $29,351 |
| 2024 | $490,758 | $49,458 | $34,032 | $23,847 | 3 | $27,563 | $42,620 | $27,851 |
| 2023 | $475,861 | $14,240 | $26,558 | $17,379 | 3 | $20,806 | $7,057 | $25,383 |
| 2022 | $488,340 | $-11,114 | $38,359 | $27,066 | 3 | $30,623 | $3,754 | $26,003 |
| 2021 | $537,718 | $103,325 | $34,406 | $22,986 | 3 | $26,926 | $96,224 | $29,278 |
| 2020 | $468,375 | $72,641 | $34,166 | $23,412 | 3 | — | $66,952 | $24,592 |
| 2019 | $430,195 | $54,905 | $28,287 | $19,443 | 3 | — | $49,397 | $24,205 |
Under IRS private-foundation payout rules, Frank H Watson Trust reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Frank H Watson Trust's only listed officer is Bank Of America, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2019
1 hr/week
$7K (2019) → $8K (2025)
Data from IRS Form 990 filings, 2019–2025. "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 $8K, to Bank of America (Trustee).
Frequently asked questions about Frank H Watson Trust
How much does Frank H Watson Trust give each year?
Frank H Watson Trust gave $31K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 3 grants.
What is Frank H Watson Trust's typical grant size?
Frank H Watson Trust's median grant in 2025 was $10,232, and its average grant was $10,232, across 3 grants on its 2025 IRS Form 990-PF.
Where does Frank H Watson Trust give grants?
Frank H Watson Trust gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Springfield, IL (2 grants).
Does Frank H Watson Trust give general operating support?
Yes: 100% of Frank H Watson Trust's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Frank H Watson Trust?
Frank H Watson Trust reported $504K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
What is Frank H Watson Trust's EIN?
Frank H Watson Trust's EIN (Employer Identification Number) is 36-6010564. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 23, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Frank H Watson Trust funds
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