John & Ann Watson Educational Trust 124-6130815130

Private foundation · Grantmaker Portland, ME EIN: 01-6033309

John & Ann Watson Educational Trust 124-6130815130 is a private foundation, based in Portland, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $480K in total assets. In 2025, it awarded 3 grants totaling $20K. Net investment income was $26K.

John & Ann Watson Educational Trust 124-6130815130 at a glance

In short: John & Ann Watson Educational Trust 124-6130815130 gave $20K across 3 grants in 2025 (avg $7K), mostly in Maine. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$20,000
-20.0% vs 2024
Grants made (2025)
3
-40.0% vs 2024
Average grant
$6,667
+33.3% vs 2024
Median grant
$5,000
Total assets
$479,603
+0.3% vs 2024
Primary geography
Maine (75% 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 John & Ann Watson Educational Trust 124-6130815130 funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

University of Maine - Orono: $10KUniversity of Maine - Orono$10KUniversity of New England: $5KUniversity of New England$5K

The largest 2025 recipient was University of Maine - Orono ($10K). Together the top 2 received $15K.

Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 19 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

OronoCarlisleDaytona BeachSouth PortlandWinter ParkBiddefordPortlandPresque IsleStandishWells

How John & Ann Watson Educational Trust 124-6130815130 gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 82% 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

$0$10K$20K$30K3 grants2021 4 grants2022 4 grants2023 5 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $20K (2025) to $28K (2023). In 2025 it made 3 grants totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Maine - Orono Orono, MEScholarships$10,000
University of New England Biddeford, MEScholarships$5,000
1 individual scholarship Recipients not named —$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$479,603$30,862$29,406$20,0003$24,447$25,903$29,830
2024$478,147$18,734$32,576$25,0005$28,607$13,461$27,502
2023$477,567$-3,188$36,933$27,5004$30,936$7,215$25,867
2022$507,680$98,264$30,537$22,0004$25,832$93,501$27,765
2021$520,093$34,469$29,210$21,0003—$30,470$29,250

Under IRS private-foundation payout rules, John & Ann Watson Educational Trust 124-6130815130 reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

John & Ann Watson Educational Trust 124-6130815130's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $5K (2022) → $5K (2025)

  • Portland Trust Company LLC

    Trustee

    New on the 2025 filing

    1 hr/week

    $2K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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

Bank of America — Trustee: $5KBank of AmericaTrustee$5KPortland Trust Company LLC — Trustee: $2KPortland Trust Company…Trustee$2K

The highest reported compensation on the 2025 filing was $5K, to Bank of America (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about John & Ann Watson Educational Trust 124-6130815130

How much does John & Ann Watson Educational Trust 124-6130815130 give each year?

John & Ann Watson Educational Trust 124-6130815130 gave $20K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 5 grants.

What is John & Ann Watson Educational Trust 124-6130815130's typical grant size?

John & Ann Watson Educational Trust 124-6130815130's median grant in 2025 was $5,000, and its average grant was $6,667, across 3 grants on its 2025 IRS Form 990-PF.

Where does John & Ann Watson Educational Trust 124-6130815130 give grants?

John & Ann Watson Educational Trust 124-6130815130 gives mostly in Maine: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (25%).

Does John & Ann Watson Educational Trust 124-6130815130 give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on John & Ann Watson Educational Trust 124-6130815130's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (3 grants).

How large is John & Ann Watson Educational Trust 124-6130815130?

John & Ann Watson Educational Trust 124-6130815130 reported $480K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $30K (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 John & Ann Watson Educational Trust 124-6130815130's EIN?

John & Ann Watson Educational Trust 124-6130815130's EIN (Employer Identification Number) is 01-6033309. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 30, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 27, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 27, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 24, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from John & Ann Watson Educational Trust 124-6130815130's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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