Homer Ip B Watts Memorial Trust
Homer Ip B Watts Memorial Trust is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $589K in total assets. In 2025, it awarded 16 grants totaling $35K. Net investment income was $53K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$589K
+3.0% YoY
Annual Giving
$35K
+27.3% YoY
Grant Count
16
+77.8% YoY
Avg Grant Size
$2K
-28.4% YoY
Under IRS private-foundation payout rules, Homer Ip B Watts Memorial Trust reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.
About Homer Ip B Watts Memorial Trust
Based on IRS filings
Homer Ip B Watts Memorial Trust is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $589K in total assets. In 2025, it awarded 16 grants totaling $35K. Net investment income was $53K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $589,497 | $572,087 | $582,556 |
| Revenue | $63,786 | $29,453 | $22,193 |
| Expenses | $48,370 | $39,920 | $58,326 |
| Qualifying Distributions | $37,728 | $30,135 | $47,615 |
| Net Investment Income | $53,480 | $19,127 | $12,672 |
| Distributable Amount | $37,052 | $32,969 | $31,695 |
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 2025
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Oregon State University ($4,000), Weston-mcewen High School ($3,500), Athena Weston School District ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTHERN OREGON UNIVERSITY ASHLAND, OR | SCHOLARSHIP | $2,000 |
| UNIVERSITY OF OREGON EUGENE, OR | SCHOLARSHIP | $2,000 |
| UNIVERSITY OF MONTANA MISSOULA, MT | SCHOLARSHIP | $2,000 |
| ATHENA GEM THEATRE ATHENA, OR | GENERAL OPERATING | $2,000 |
| ATHENA WESTON SCHOOL DISTRICT ATHENA, OR | GENERAL OPERATING | $2,500 |
| WALLA WALLA COMMUNITY COLLEGE WALLA WALLA, WA | SCHOLARSHIP | $2,000 |
| EASTERN WASHINGTON UNIVERSITY CHENEY, WA | SCHOLARSHIP | $2,000 |
| UNIVERSITY OF OKLAHOMA NORMAN, OK | SCHOLARSHIP | $1,250 |
| PORTLAND STATE UNIVERSITY PORTLAND, OR | SCHOLARSHIP | $1,250 |
| ATHENA AMERICAN LEGION AUXILIARY PORTLAND, OR | GENERAL OPERATING | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| US BANK N A | TRUSTEE | 1 | $11,214 |
Frequently Asked Questions
How large is Homer Ip B Watts Memorial Trust?
As of 2025, Homer Ip B Watts Memorial Trust holds $589K in total assets with $64K in annual revenue. It awarded 16 grants totaling $35K in 2025.
Where does Homer Ip B Watts Memorial Trust operate?
Homer Ip B Watts Memorial Trust has awarded grants in Arizona, Idaho, Montana, Oklahoma, Oregon, Pennsylvania, Utah, Washington, Wisconsin, Wyoming.
What size grants does Homer Ip B Watts Memorial Trust award?
In 2025, Homer Ip B Watts Memorial Trust awarded 16 grants totaling $35K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Homer Ip B Watts Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Homer Ip B Watts Memorial Trust reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homer Ip B Watts Memorial Trust's EIN?
Homer Ip B Watts Memorial Trust's EIN (Employer Identification Number) is 93-6082689. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Homer Ip B Watts Memorial Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.