James M and Denise S Watkins Scholarship Fund
James M and Denise S Watkins Scholarship Fund is a private foundation focused on Education, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $66K. Net investment income was $99K.
James M and Denise S Watkins Scholarship Fund at a glance
In short: James M and Denise S Watkins Scholarship Fund gave $66K across 1 grant in 2025 (avg $66K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $66,124
- +0.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $66,124
- +0.6% vs 2024
- Median grant
- $66,124
- Total assets
- $1,241,591
- +1.9% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who James M and Denise S Watkins Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Carnegie Mellon University ($66K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How James M and Denise S Watkins Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 96% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $52K (2019) to $75K (2022). In 2025 it made 1 grant totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Mellon University Pittsburgh, PA | General Support | $66,124 |
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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 | $1,241,591 | $111,189 | $88,634 | $66,124 | 1 | $73,875 | $98,691 | $77,298 |
| 2024 | $1,218,795 | $108,932 | $84,407 | $65,724 | 1 | $72,990 | $96,232 | $73,390 |
| 2023 | $1,194,160 | $341 | $85,031 | $66,613 | 1 | $68,254 | $18,625 | $67,365 |
| 2022 | $1,279,016 | $144,809 | $95,722 | $75,104 | 1 | $76,831 | $128,865 | $68,340 |
| 2021 | $1,229,018 | $168,745 | $76,970 | $56,517 | 1 | $58,464 | $149,099 | $78,074 |
| 2020 | $1,137,950 | $101,276 | $77,054 | $54,203 | 1 | — | $85,621 | $67,378 |
| 2019 | $1,114,138 | $190,186 | $67,254 | $51,782 | 1 | — | $176,023 | $63,750 |
Under IRS private-foundation payout rules, James M and Denise S Watkins Scholarship Fund reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
James M and Denise S Watkins Scholarship Fund's only listed officer is PNC Bank N A, Trustee on every filing since 2022 (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
On filings since 2022
1 hr/week
$17K (2022) → $19K (2025)
Former officers (1)
- Former: PNC Bank NA (2019–2021) — Trustee
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 $19K, to PNC Bank N a (Trustee).
Frequently asked questions about James M and Denise S Watkins Scholarship Fund
How much does James M and Denise S Watkins Scholarship Fund give each year?
James M and Denise S Watkins Scholarship Fund gave $66K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $66K across 1 grant.
How large is James M and Denise S Watkins Scholarship Fund?
James M and Denise S Watkins Scholarship Fund reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is James M and Denise S Watkins Scholarship Fund?
James M and Denise S Watkins Scholarship Fund is a private foundation focused on Education, based in Pittsburgh, PA. It holds $1.2M in total assets as of 2025.
Where does James M and Denise S Watkins Scholarship Fund operate?
James M and Denise S Watkins Scholarship Fund has awarded grants in Pennsylvania.
What is James M and Denise S Watkins Scholarship Fund's EIN?
James M and Denise S Watkins Scholarship Fund's EIN (Employer Identification Number) is 27-6601683. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 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 April 21, 2025)
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