Mitchell W Watts is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 44 grants totaling $110K. Net investment income was $281K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+9.5% YoY
Annual Giving
$110K
-4.7% YoY
Grant Count
44
+7.3% YoY
Avg Grant Size
$3K
-11.2% YoY
Under IRS private-foundation payout rules, Mitchell W Watts reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
About Mitchell W Watts
Based on IRS filings
Mitchell W Watts is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 44 grants totaling $110K. Net investment income was $281K.
Focus Areas
Ready to take the next step with Mitchell W Watts?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,456,052 | $2,242,740 | $2,024,443 |
| Revenue | $350,792 | $349,272 | $84,095 |
| Expenses | $137,480 | $130,975 | $139,244 |
| Qualifying Distributions | $112,565 | $117,968 | $120,153 |
| Net Investment Income | $280,600 | $317,204 | $43,883 |
| Distributable Amount | $124,625 | $112,478 | $115,989 |
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 2024
Grant Size Distribution
205 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unc - Chapel Hill ($30,000), Unity Village ($10,000), Masonic Home for Children ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DOCTORS WITHOUT BORDERS HAGERSTOWN, MD | OPERATIONS | $1,000 |
| HERITAGE FOUNDATION WASHINGTON, DC | OPERATIONS | $1,000 |
| NC SHERIFFS ASSOCIATION RALEIGH, NC | OPERATIONS | $140 |
| UNITY VILLAGE UNITY VILLAGE, MO | OPERATIONS | $10,000 |
| MASONIC HOME FOR CHILDREN OXFORD, NC | OPERATIONS | $5,000 |
| UNC - CHAPEL HILL CHAPEL HILL, NC | OPERATIONS | $30,000 |
| CAMPBELL UNIVERSITY BUIES CREEK, NC | OPERATIONS | $5,000 |
| SALVATION ARMY CONCORD, NC | OPERATIONS | $1,000 |
| WINGATE UNIVERSITY WINGATE, NC | OPERATIONS | $2,500 |
| WOUNDED WARRIOR PROJECT TOPEKA, KS | OPERATIONS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL W WATTS | President | 1 | — |
| LISA FAYE WATTS OVERCASH | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mitchell W Watts?
Mitchell W Watts is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NC. It holds $2.5M in total assets as of 2024.
How large is Mitchell W Watts?
As of 2024, Mitchell W Watts holds $2.5M in total assets with $351K in annual revenue. It awarded 44 grants totaling $110K in 2024.
Where does Mitchell W Watts operate?
Mitchell W Watts has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Missouri, Montana, North Carolina, New Mexico, New York, South Carolina, South Dakota, Tennessee, Texas, Virginia.
What size grants does Mitchell W Watts award?
In 2024, Mitchell W Watts awarded 44 grants totaling $110K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Mitchell W Watts required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mitchell W Watts reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mitchell W Watts's EIN?
Mitchell W Watts's EIN (Employer Identification Number) is 26-0850536. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mitchell W Watts's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Flow Foundation Inc
WINSTONSALEM, NC
Assets
$395K
Grants
53
Total Given
$1.5M
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Mitchell W Watts on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Mitchell W Watts to a real strategy.