The Dennis a and Julia M Watkins Foundation Inc

Private foundation · Grantmaker Alexandria, VA EIN: 46-4302138

The Dennis a and Julia M Watkins Foundation Inc is a private foundation, based in Alexandria, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $318K in total assets. In 2024, it awarded 8 grants totaling $67K. Net investment income was $20K.

Key facts about The Dennis a and Julia M Watkins Foundation Inc

In short: The Dennis a and Julia M Watkins Foundation Inc gave $67K across 8 grants in 2024 (avg $8K), top state Maine. Source: 2024 IRS Form 990-PF.

EIN
46-4302138
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$67,273
Grants made (2024)
8
Average grant
$8,409
Median grant
$2,087
Total assets
$317,720
Primary geography
Maine (22% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$318K

-12.7% YoY

Annual Giving

$67K

+28.9% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$8K

-19.5% YoY

Under IRS private-foundation payout rules, The Dennis a and Julia M Watkins Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

How The Dennis a and Julia M Watkins Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−10%). Method
  • In 2024 it paid out 408% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990 filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

AlexandriaSalt Lake CityBangorChicagoOronoWashingtonAthens

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 6 grants2021 0 grants2022 5 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2020) to $75K (2021). In 2024 it made 8 grants totaling $67K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Bulgarian Assn of Social Work Educa: $43KBulgarian Assn of Social WorkEduca$43KWellspring: $13KWellspring$13KAlexandria Symphony Orchestra Inc: $4KAlexandria Symphony OrchestraInc$4KUniversity of Sarajevo: $2KUniversity of Sarajevo$2KAmerican University in Bulgaria: $2KAmerican University inBulgaria$2KUniversity of Maine Foundation: $2KUniversity of Maine Foundation$2KCouncil on Social Work Education IN: $1KCouncil on Social WorkEducation IN$1KCarpenter's Shelter: $500Carpenter's Shelter$500

The largest 2024 recipient was Bulgarian Assn of Social Work Educa ($43K). Together the top 8 received $67K.

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%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bulgarian Assn of Social Work Educa In support of baosr's partnership contribution in the planning and implementation of the seew summer school 2024 in sofia, bulgaria.$43,000
Wellspring Bangor, MEProvide stipends to students from the school of social work at the university of Maine who carry out their internship experience under the direction of the faculty field placement director in collaboration with wellspring staff.$13,000
Alexandria Symphony Orchestra Inc Alexandria, VASupport Local Artists$3,600
University of Sarajevo To the department of social work for the publication of a book consisting of a compilation of papers from an international scientific conference entitled: societal crisis and social work - a shared future for transformative change.$2,173
American University in Bulgaria Support ukrainian students to remain at the university during the summer while the war was ongoing in their home country.$2,000
University of Maine Foundation Orono, MESupport the activities of the office of international programs, includeing a seew lectureship at umaine and the visit of the president of the American university in bulgaria (AUGB) to umaine, the founding institution of aubg in 1991.$2,000
Council on Social Work Education IN Alexandria, VASupporting Quality Social Work Education.$1,000
Carpenter's Shelter Alexandria, VASupporting an array of services for adults and children experiencing homelessness in alexandria, va.$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$317,720$363,954$392,124
Revenue$25,438$21,355$13,865
Expenses$75,490$61,039—
Qualifying Distributions$67,273$52,200—
Net Investment Income$20,188$21,355$13,865
Distributable Amount$16,505——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 10, 2022)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Dennis a and Julia M Watkins Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Dennis A. Watkins

    Officer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Julia M. Watkins

    Officer

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 The Dennis a and Julia M Watkins Foundation Inc

How much does The Dennis a and Julia M Watkins Foundation Inc give each year?

The Dennis a and Julia M Watkins Foundation Inc gave $67K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 5 grants.

What is The Dennis a and Julia M Watkins Foundation Inc's typical grant size?

The Dennis a and Julia M Watkins Foundation Inc's median grant in 2024 was $2,087, and its average grant was $8,409, across 8 grants on its 2024 IRS Form 990-PF.

Where does The Dennis a and Julia M Watkins Foundation Inc give grants?

The Dennis a and Julia M Watkins Foundation Inc's top state is Maine, with 22% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Virginia (8%). The most frequent recipient cities were Alexandria, VA (3 grants).

Does The Dennis a and Julia M Watkins Foundation Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on The Dennis a and Julia M Watkins Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are The Dennis a and Julia M Watkins Foundation Inc's largest grantees?

The Dennis a and Julia M Watkins Foundation Inc's largest 2024 grantees include Bulgarian Assn of Social Work Educa ($43,000), Wellspring ($13,000) and Alexandria Symphony Orchestra Inc ($3,600), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is The Dennis a and Julia M Watkins Foundation Inc?

The Dennis a and Julia M Watkins Foundation Inc reported $318K in total assets on its 2024 IRS Form 990-PF. It paid out $67K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is The Dennis a and Julia M Watkins Foundation Inc's EIN?

The Dennis a and Julia M Watkins Foundation Inc's EIN (Employer Identification Number) is 46-4302138. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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