R M Watts Foundation

PUEBLO, CO EIN: 84-1025573

R M Watts Foundation is a private foundation, based in PUEBLO, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 3 grants totaling $41K. Net investment income was $123K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+5.4% YoY

Annual Giving

$41K

-67.3% YoY

Grant Count

-40.0% YoY

Avg Grant Size

$14K

-45.5% YoY

Under IRS private-foundation payout rules, R M Watts Foundation reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.

About R M Watts Foundation

Based on IRS filings

Ready to take the next step with R M Watts Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $480K (100%)

States

Colorado

Cities

Pueblo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,475,693	$1,400,183	$1,465,933
Revenue	$123,530	$65,426	$60,195
Expenses	$48,020	$131,176	$186,348
Qualifying Distributions	$47,318	$125,300	$180,500
Net Investment Income	$122,828	$65,426	$61,006
Distributable Amount	$135,736	$126,520	$138,951

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Senior Resource Development ($25,000), Care & Share Food Bank ($11,000), Csu-pueblo Foundation ($5,000).

Recipient	Purpose	Amount
SENIOR RESOURCE DEVELOPMENT PUEBLO, CO	OPERATING	$25,000
CSU-PUEBLO FOUNDATION PUEBLO, CO	SCHOLARSHIPS	$5,000
CARE & SHARE FOOD BANK PUEBLO, CO	OPERATING	$11,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID B SHAW	PRES./DIRECTOR	2	—
GREGORY LEYBA	VP/DIRECTOR	1	—
JEFFREY SHAW	TREAS/SEC/DIRECTOR	1	$6,020

Frequently Asked Questions

How large is R M Watts Foundation?

As of 2024, R M Watts Foundation holds $1.5M in total assets with $124K in annual revenue. It awarded 3 grants totaling $41K in 2024.

Where does R M Watts Foundation operate?

R M Watts Foundation has awarded grants in Colorado.

What size grants does R M Watts Foundation award?

In 2024, R M Watts Foundation awarded 3 grants totaling $41K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is R M Watts Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, R M Watts Foundation reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.