Ree and Thomas Watkins Trust XXXXX5007

Private foundation · Grantmaker Chicago, IL EIN: 61-6224287

Ree and Thomas Watkins Trust XXXXX5007 is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $554K in total assets. In 2025, it awarded 4 grants totaling $37K. Net investment income was $49K.

Ree and Thomas Watkins Trust XXXXX5007 at a glance

In short: Ree and Thomas Watkins Trust XXXXX5007 gave $37K across 4 grants in 2025 (avg $9K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$37,452
+11.7% vs 2024
Grants made (2025)
4
+0.0% vs 2024
Average grant
$9,363
+11.7% vs 2024
Median grant
$9,363
Total assets
$553,731
+1.1% vs 2024
Primary geography
Kentucky (50% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Ree and Thomas Watkins Trust XXXXX5007 funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

American Cancer Society: $9KAmerican Cancer Society$9KAmerican Heart Association National Bequest Center: $9KAmerican Heart AssociationNational Bequest Center$9KAnchorage Presbyterian Church: $9KAnchorage Presbyterian Church$9KUspiritus Inc: $9KUspiritus Inc$9K

The largest 2025 recipient was American Cancer Society ($9K). Together the top 4 received $37K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

AnchorageLouisvilleOklahoma CitySt Petersburg

How Ree and Thomas Watkins Trust XXXXX5007 gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 94% 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

$0$10K$20K$30K$40K4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $32K (2020) to $37K (2022). In 2025 it made 4 grants totaling $37K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American Cancer Society Oklahoma City, OKGeneral$9,363
American Heart Association National Bequest Center St Petersburg, FLGeneral$9,363
Anchorage Presbyterian Church Anchorage, KYGeneral$9,363
Uspiritus Inc Louisville, KYGeneral$9,363
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$553,731$58,907$53,094$37,4524$42,561$48,507$45,277
2024$547,801$34,069$49,428$33,5404$38,271$23,829$42,182
2023$564,075$48,591$48,450$34,7884$39,048$37,865$37,800
2022$563,831$17,334$52,512$37,4604$41,900$9,752$39,229
2021$599,142$57,009$47,842$32,4284$37,194$46,767$42,225
2020$589,962$38,984$44,429$32,3124—$30,625$36,222

Under IRS private-foundation payout rules, Ree and Thomas Watkins Trust XXXXX5007 reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Ree and Thomas Watkins Trust XXXXX5007's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • JP Morgan Chase Bank NA

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2021) → $15K (2025)

Former officers (1)
  • Former: JP Morgan Chase Bank N A (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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

JP Morgan Chase Bank NA — Trustee: $15KJP Morgan Chase Bank NATrustee$15K

The highest reported compensation on the 2025 filing was $15K, to JP Morgan Chase Bank NA (Trustee).

Frequently asked questions about Ree and Thomas Watkins Trust XXXXX5007

How much does Ree and Thomas Watkins Trust XXXXX5007 give each year?

Ree and Thomas Watkins Trust XXXXX5007 gave $37K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 4 grants.

What is Ree and Thomas Watkins Trust XXXXX5007's typical grant size?

Ree and Thomas Watkins Trust XXXXX5007's median grant in 2025 was $9,363, and its average grant was $9,363, across 4 grants on its 2025 IRS Form 990-PF.

Where does Ree and Thomas Watkins Trust XXXXX5007 give grants?

Ree and Thomas Watkins Trust XXXXX5007 gives mostly in Kentucky: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Oklahoma (25%) and Florida (25%).

Does Ree and Thomas Watkins Trust XXXXX5007 give general operating support?

Yes: 100% of Ree and Thomas Watkins Trust XXXXX5007's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Ree and Thomas Watkins Trust XXXXX5007?

Ree and Thomas Watkins Trust XXXXX5007 reported $554K in total assets on its 2025 IRS Form 990-PF. It paid out $43K in qualifying distributions that year, against a required minimum of $45K (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 Ree and Thomas Watkins Trust XXXXX5007's EIN?

Ree and Thomas Watkins Trust XXXXX5007's EIN (Employer Identification Number) is 61-6224287. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Live grants for the work Ree and Thomas Watkins Trust XXXXX5007 funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ree and Thomas Watkins Trust XXXXX5007's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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