R M Watts Foundation
R M Watts Foundation is a private foundation, based in Pueblo, CO. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 3 grants totaling $67K. Net investment income was $83K.
R M Watts Foundation at a glance
In short: R M Watts Foundation gave $67K across 3 grants in 2025 (avg $22K), mostly in Colorado. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $67,400
- +64.4% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $22,467
- +64.4% vs 2024
- Median grant
- $22,400
- Total assets
- $1,484,122
- +0.6% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who R M Watts Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Pueblo Community College Foundation ($25K). Together the top 3 received $67K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 19 grants of 21 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How R M Watts Foundation gives
- Giving fell 63% from 2022 to 2025. Method
- In 2025 it paid out 48% 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 2021 to 2025, annual grant giving ranged from $41K (2024) to $181K (2022). In 2025 it made 3 grants totaling $67K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pueblo Community College Foundation Pueblo, CO | Scholarships | $25,000 |
| CSU-Pueblo Foundation Pueblo, CO | Scholarships | $22,400 |
| Pueblo City County Library Pueblo, CO | Capital Expenditures | $20,000 |
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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 | $1,484,122 | $82,829 | $74,400 | $67,400 | 3 | $74,400 | $82,829 | $155,888 |
| 2024 | $1,475,693 | $123,530 | $48,020 | $41,000 | 3 | $47,318 | $122,828 | $135,736 |
| 2023 | $1,400,183 | $65,426 | $131,176 | $125,300 | 5 | $125,300 | $65,426 | $126,520 |
| 2022 | $1,465,933 | $60,195 | $186,348 | $180,500 | 5 | $180,500 | $61,006 | $138,951 |
| 2021 | $1,592,086 | $59,153 | $133,160 | $133,100 | 5 | — | $59,153 | $120,694 |
Under IRS private-foundation payout rules, R M Watts Foundation reported a distributable amount of $156K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
R M Watts Foundation is led by David B. Shaw, President & Director on every filing since 2021; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
David B. Shaw
President & Director
On filings since 2021
2 hrs/week
No compensation reported
Jeffrey Shaw
Treasurer, Secretary & Director
On filings since 2021
1 hr/week
$6K (2024) → $6K (2025)
Gregory Leyba
Vice President & Director
On filings since 2021
1 hr/week
No compensation reported
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
The highest reported compensation on the 2025 filing was $6K, to Jeffrey Shaw (Treas/Sec/Director).
Frequently asked questions about R M Watts Foundation
How much does R M Watts Foundation give each year?
R M Watts Foundation gave $67K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 3 grants.
What is R M Watts Foundation's typical grant size?
R M Watts Foundation's median grant in 2025 was $22,400, and its average grant was $22,467, across 3 grants on its 2025 IRS Form 990-PF.
Where does R M Watts Foundation give grants?
R M Watts Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Pueblo, CO (3 grants).
Does R M Watts Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on R M Watts Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is R M Watts Foundation?
R M Watts Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $156K (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 R M Watts Foundation's EIN?
R M Watts Foundation's EIN (Employer Identification Number) is 84-1025573. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 20, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 24, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
- IRS filings on file for fiscal years 2021–2025
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