Madge B & Felix H Watson Foundation

SAINT LOUIS, MO EIN: 75-2852810

Madge B & Felix H Watson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $81K. Net investment income was $119K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+2.3% YoY

Annual Giving

$81K

-3.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$81K

-3.0% YoY

Under IRS private-foundation payout rules, Madge B & Felix H Watson Foundation reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.

About Madge B & Felix H Watson Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $360K (100%)

States

Texas

Cities

Wichita Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,431,121	$1,399,286	$1,429,664
Revenue	$152,130	$104,829	$95,856
Expenses	$120,969	$126,193	$132,247
Qualifying Distributions	$89,722	$94,459	$96,158
Net Investment Income	$119,073	$73,095	$91,135
Distributable Amount	$99,852	$92,060	$94,327

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include North Texas Rehabilitaion Center ($81,000).

Recipient	Purpose	Amount
NORTH TEXAS REHABILITAION CENTER WICHITA FALLS, TX	GENERAL OPERATING	$81,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$26,889

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Madge B & Felix H Watson Foundation?

Madge B & Felix H Watson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $1.4M in total assets as of 2024.

How large is Madge B & Felix H Watson Foundation?

As of 2024, Madge B & Felix H Watson Foundation holds $1.4M in total assets with $152K in annual revenue. It awarded 1 grants totaling $81K in 2024.

Where does Madge B & Felix H Watson Foundation operate?

Madge B & Felix H Watson Foundation has awarded grants in Texas.

What size grants does Madge B & Felix H Watson Foundation award?

In 2024, Madge B & Felix H Watson Foundation awarded 1 grants totaling $81K — an average of about $81K per grant, based on its IRS Form 990 filings.

How much is Madge B & Felix H Watson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Madge B & Felix H Watson Foundation reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Madge B & Felix H Watson Foundation's EIN?

Madge B & Felix H Watson Foundation's EIN (Employer Identification Number) is 75-2852810. IRS Form 990 filing data is available on this page for 2020–2024.