Harvey & Mae Watt Foundation Inc

Foundation · Grantmaker Hapeville, GA EIN: 58-2231822

Harvey & Mae Watt Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hapeville, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $123K in total assets. In 2024, it awarded 8 grants totaling $77K. Net investment income was $81K.

Key facts about Harvey & Mae Watt Foundation Inc

In short: Harvey & Mae Watt Foundation Inc gave $77K across 8 grants in 2024 (avg $10K), top state Georgia. Source: 2024 IRS Form 990-PF.

EIN
58-2231822
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$76,724
Grants made (2024)
8
Average grant
$9,591
Median grant
$5,500
Total assets
$122,791
Primary geography
Georgia (39% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$123K

Annual Giving

$77K

Grant Count

8

Avg Grant Size

$10K

Under IRS private-foundation payout rules, Harvey & Mae Watt Foundation Inc reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.

How Harvey & Mae Watt Foundation Inc gives

  • Giving grew 26% from 2021 to 2024. Method
  • In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 8 itemized 2024 grant dollars.

Cities

AtlantaGainesvilleMemphisTallahasseeFayetteville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K8 grants20206 grants20218 grants20228 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Kappa Delta Foundation: $23KKappa Delta Foundation$23KSeminole Boosters Inc: $18KSeminole Boosters Inc$18KChristophers Haven Atlanta Inc: $10KChristophers Haven Atlanta Inc$10KThe University of Florida: $6KThe University of Florida$6KChildren's Healthcare of Atlanta Foundation: $5KChildren's Healthcare ofAtlanta Foundation$5KInterfaith Outreach Home: $5KInterfaith Outreach Home$5KWellspring Living: $5KWellspring Living$5KThe Preschool: $5KThe Preschool$5K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
KAPPA DELTA FOUNDATION Memphis, TNEDUCATIONAL SUPPORT$22,874
SEMINOLE BOOSTERS INC Tallahassee, FLATHLETICS SUPPORT$17,850
CHRISTOPHERS HAVEN ATLANTA INC Atlanta, GAHUMAN SERVICES$10,000
THE UNIVERSITY OF FLORIDA Gainesville, FLEDUCATIONAL SUPPORT$6,000
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION Atlanta, GAHEALTH SUPPORT$5,000
INTERFAITH OUTREACH HOME Atlanta, GAGEENRAL SUPPORT$5,000
WELLSPRING LIVING Atlanta, GASPECIALIZED SUPPORT$5,000
THE PRESCHOOL Atlanta, GAEDUCATIONAL SUPPORT$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020202120222024
Metric202420222021
Total Assets$122,791$124,533$134,217
Revenue$82,341$53,591$61,917
Expenses$79,694$63,275$64,392
Qualifying Distributions$78,209$61,007$63,142
Net Investment Income$80,856$52,353$60,667
Distributable Amount$92,993$72,552$66,766

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Harvey & Mae Watt Foundation Inc is led by Helen W. Alston, President, Secretary & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Helen W. Alston

    President, Secretary & Treasurer

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Mary Katherine Watt Tinsley

    Vice President & Director

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Robin H. Alston

    Vice President & Director

    On filings since 2020

    0.8 hrs/week

    No compensation reported

Former officers (1)
  • Former: Harvey Woodson Watt Jr. (2020) — Vice President & Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Harvey & Mae Watt Foundation Inc

How much does Harvey & Mae Watt Foundation Inc give each year?

Harvey & Mae Watt Foundation Inc gave $77K across 8 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Harvey & Mae Watt Foundation Inc's typical grant size?

Harvey & Mae Watt Foundation Inc's median grant in 2024 was $5,500, and its average grant was $9,591, across 8 grants on its 2024 IRS Form 990-PF.

Where does Harvey & Mae Watt Foundation Inc give grants?

Harvey & Mae Watt Foundation Inc's top state is Georgia, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (31%) and Tennessee (30%). The most frequent recipient cities were Atlanta, GA (5 grants).

Does Harvey & Mae Watt Foundation Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Harvey & Mae Watt Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Support" (3 grants).

Who are Harvey & Mae Watt Foundation Inc's largest grantees?

Harvey & Mae Watt Foundation Inc's largest 2024 grantees include Kappa Delta Foundation ($22,874), Seminole Boosters Inc ($17,850) and Christophers Haven Atlanta Inc ($10,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.

How large is Harvey & Mae Watt Foundation Inc?

Harvey & Mae Watt Foundation Inc reported $123K in total assets on its 2024 IRS Form 990-PF. It paid out $78K in qualifying distributions that year, against a required minimum of $93K (roughly 5% of its investment assets).

What is Harvey & Mae Watt Foundation Inc?

Harvey & Mae Watt Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hapeville, GA. It holds $123K in total assets as of 2024.

What is Harvey & Mae Watt Foundation Inc's EIN?

Harvey & Mae Watt Foundation Inc's EIN (Employer Identification Number) is 58-2231822. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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