The Dolly Richter Watson Memorial
The Dolly Richter Watson Memorial is a private foundation focused on Arts, Culture & Humanities, based in Laredo, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 3 grants totaling $85K. Net investment income was $183K.
The Dolly Richter Watson Memorial at a glance
In short: The Dolly Richter Watson Memorial gave $85K across 3 grants in 2024 (avg $28K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $85,000
- +19.1% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $28,333
- +19.1% vs 2023
- Median grant
- $5,000
- Total assets
- $4,505,102
- +1.5% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Dolly Richter Watson Memorial funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Texas A&M International University ($75K). Together the top 3 received $85K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 13 grants of 15 (87%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How The Dolly Richter Watson Memorial gives
- Giving grew 209% from 2021 to 2024. Method
- In 2021 it paid out 36% 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 2020 to 2024, annual grant giving ranged from $28K (2021) to $85K (2024). In 2024 it made 3 grants totaling $85K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Texas A&M International University Laredo, TX | Scholarship | $75,000 |
| Texas Tech University Lubbock, TX | Scholarship | $5,000 |
| University of Incarnate Word San Antonio, TX | Scholarship | $5,000 |
Ready to take the next step with The Dolly Richter Watson Memorial?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,505,102 | $191,941 | $91,041 | $85,000 | 3 | $114,713 | $183,375 | — |
| 2023 | $4,437,474 | $145,128 | $90,966 | $71,367 | 3 | $99,388 | $126,409 | — |
| 2022 | $4,413,595 | $1,377,515 | $68,750 | $68,750 | 5 | $96,347 | $73,394 | — |
| 2021 | $3,133,218 | $186,808 | $27,500 | $27,500 | 1 | $27,500 | $55,492 | $76,906 |
| 2020 | $2,998,776 | $164,984 | $37,900 | $37,900 | 3 | — | $35,110 | — |
Leadership & Key People
Officers and directors from IRS filings
The Dolly Richter Watson Memorial's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
James K. Jones Jr.
Director
On filings since 2020
No compensation reported
Jonathan Watson
Director
On filings since 2020
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 Dolly Richter Watson Memorial
How much does The Dolly Richter Watson Memorial give each year?
The Dolly Richter Watson Memorial gave $85K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $71K across 3 grants.
What is The Dolly Richter Watson Memorial's typical grant size?
The Dolly Richter Watson Memorial's median grant in 2024 was $5,000, and its average grant was $28,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Dolly Richter Watson Memorial give grants?
The Dolly Richter Watson Memorial gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does The Dolly Richter Watson Memorial give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on The Dolly Richter Watson Memorial's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How large is The Dolly Richter Watson Memorial?
The Dolly Richter Watson Memorial reported $4.5M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $192K.
What is The Dolly Richter Watson Memorial?
The Dolly Richter Watson Memorial is a private foundation focused on Arts, Culture & Humanities, based in Laredo, TX. It holds $4.5M in total assets as of 2024.
What is The Dolly Richter Watson Memorial's EIN?
The Dolly Richter Watson Memorial's EIN (Employer Identification Number) is 20-0018018. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Dolly Richter Watson Memorial's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
Lamar Bruni Vergara Trust
Laredo, TX
The Lamar Bruni Vergara Trust supports Catholic, educational, and health institutions and local social-service organizations, with most funding focused on nonprofit causes in Webb and Zapata counties, Texas. Recent grants ranged from $10,000 to $1 million, with a median of $40,000. Its filing says an application form is available on its website; applications are due October 15.
Assets
$65.7M
Grants
31
Total Given
$3.7M
Methodist Healthcare Ministries of South Texas Inc
San Antonio, TX
This San Antonio-based funder supports healthcare and social services for underserved communities, including access to mental and behavioral healthcare and food security, across the 74-county Rio Texas Conference area. Its 2024 grants had a median of about $171,000 (ranging from $5,429 to $4.78 million); it welcomes proposals through its open grant cycle, while Cornerstone Grants are invitation-only.
Assets
$2.2B
Grants
218
Total Given
$64.2M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Laredo Area Community Foundation
Laredo, TX
The Laredo Area Community Foundation supports arts, education, the environment, health, religious services, and social services, including scholarships, in Laredo and surrounding South Texas communities. Its 2024 grants ranged from $5,025 to $133,115, with a median of $10,000. It states that its 2026 grant cycle is open, but the available information does not say whether it accepts unsolicited requests.
Assets
$19.4M
Grants
28
Total Given
$610K
The Prairie Foundation
Midland, TX
The Prairie Foundation funds organizations working in health, education, food assistance, housing and homelessness, survivor services, and animal welfare. Its 2025 grants ranged from $2,500 to $200,000, with a median of $10,000, and supported work in Midland, Odessa, and Laredo, Texas, and the San Francisco Bay Area. It does not restrict giving to preselected organizations; application materials are available from the grants committee chairman, and no deadlines are listed.
Assets
$41.7M
Grants
71
Total Given
$1.6M
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Dolly Richter Watson Memorial'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.
The Dolly Richter Watson Memorial down — hundreds of funders to go?