Orville & Laurene Watts Scholarship Fund

MILWAUKEE, WI EIN: 32-6251524

Orville & Laurene Watts Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grants totaling $49K. Net investment income was $130K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.0M

+8.2% YoY

Annual Giving

$49K

+14.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49K

+14.5% YoY

Under IRS private-foundation payout rules, Orville & Laurene Watts Scholarship Fund reported a distributable amount of $58K for 2025 — the minimum it must pay out in qualifying distributions.

About Orville & Laurene Watts Scholarship Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $266K (100%)

States

Kansas

Cities

Ft Scott

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,010,566	$933,810	$940,748
Revenue	$148,052	$56,208	$36,452
Expenses	$71,297	$63,147	$82,193
Qualifying Distributions	$52,731	$46,338	$66,881
Net Investment Income	$130,117	$39,487	$20,991
Distributable Amount	$58,465	$55,132	$51,895

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 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Ellis Foundation ($49,302).

Recipient	Purpose	Amount
ELLIS FOUNDATION FT SCOTT, KS	SCHOLARSHIP	$49,302

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	$19,290

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Orville & Laurene Watts Scholarship Fund?

Orville & Laurene Watts Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $1.0M in total assets as of 2025.

How large is Orville & Laurene Watts Scholarship Fund?

As of 2025, Orville & Laurene Watts Scholarship Fund holds $1.0M in total assets with $148K in annual revenue. It awarded 1 grants totaling $49K in 2025.

Where does Orville & Laurene Watts Scholarship Fund operate?

Orville & Laurene Watts Scholarship Fund has awarded grants in Kansas.

What size grants does Orville & Laurene Watts Scholarship Fund award?

In 2025, Orville & Laurene Watts Scholarship Fund awarded 1 grants totaling $49K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is Orville & Laurene Watts Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Orville & Laurene Watts Scholarship Fund reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Orville & Laurene Watts Scholarship Fund's EIN?

Orville & Laurene Watts Scholarship Fund's EIN (Employer Identification Number) is 32-6251524. IRS Form 990 filing data is available on this page for 2021–2025.