Steven R and Terri F Watt Family
Steven R and Terri F Watt Family is a private foundation focused on public and societal benefit, based in Hooper, UT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $52K in total assets. In 2025, it awarded 2 grants totaling $11K. Net investment income was $3K.
Key facts about Steven R and Terri F Watt Family
In short: Steven R and Terri F Watt Family gave $11K across 2 grants in 2025 (avg $6K), mostly in Utah. Source: 2025 IRS Form 990-PF.
- EIN
- 86-2086428
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $11,000
- Grants made (2025)
- 2
- Average grant
- $5,500
- Median grant
- $5,500
- Total assets
- $51,645
- Primary geography
- Utah (86% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$52K
+78.8% YoY
Annual Giving
$11K
Grant Count
2
Avg Grant Size
$6K
Under IRS private-foundation payout rules, Steven R and Terri F Watt Family reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
How Steven R and Terri F Watt Family gives
- In 2025 it paid out 669% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $11K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Warrior Rizen Ranch ($10K). Together the top 2 received $11K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Warrior Rizen Ranch Morgan, UT | Assist in charitable purposes | $9,500 |
| Air Force Museum of Alberta | Assist in charitable purposes | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $51,645 | $28,887 | $10,165 |
| Revenue | $38,268 | $21,456 | $2,402 |
| Expenses | $13,645 | $2,629 | $75 |
| Qualifying Distributions | $13,018 | $2,164 | — |
| Net Investment Income | $2,641 | — | $327 |
| Distributable Amount | $1,946 | $962 | $439 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 22, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 20, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Steven R and Terri F Watt Family is led by Randy Watt, President on every filing since 2023; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Randy Watt
President
On filings since 2023
No compensation reported
Jordan T Watt
Director
On filings since 2021
No compensation reported
Kendra R Miller
Director
On filings since 2021
No compensation reported
Samantha K Wood
Director
On filings since 2021
No compensation reported
Steven R Watt
Director
On filings since 2021
No compensation reported
Steven R Watt Jr.
Director
On filings since 2021
No compensation reported
Terri F Watt
Director
On filings since 2021
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.
Frequently asked questions about Steven R and Terri F Watt Family
How much does Steven R and Terri F Watt Family give each year?
Steven R and Terri F Watt Family gave $11K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is Steven R and Terri F Watt Family?
Steven R and Terri F Watt Family reported $52K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Steven R and Terri F Watt Family?
Steven R and Terri F Watt Family is a private foundation focused on public and societal benefit, based in Hooper, UT. It holds $52K in total assets as of 2025.
Where does Steven R and Terri F Watt Family operate?
Steven R and Terri F Watt Family has awarded grants in Utah.
What is Steven R and Terri F Watt Family's EIN?
Steven R and Terri F Watt Family's EIN (Employer Identification Number) is 86-2086428. 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.
Here's the math on researching Steven R and Terri F Watt Family by hand.
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