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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+1.5% YoY
Annual Giving
$85K
+19.1% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$28K
+19.1% YoY
About The Dolly Richter Watson Memorial
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,505,102 | $4,437,474 | $4,413,595 |
| Revenue | $191,941 | $145,128 | $1,377,515 |
| Expenses | $91,041 | $90,966 | $68,750 |
| Qualifying Distributions | $114,713 | $99,388 | $96,347 |
| Net Investment Income | $183,375 | $126,409 | $73,394 |
| Distributable Amount | — | — | — |
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
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Texas A&m International University ($75,000), Texas Tech University ($5,000), University of Incarnate Word ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXAS TECH UNIVERSITY LUBBOCK, TX | SCHOLARSHIP | $5,000 |
| TEXAS A&M INTERNATIONAL UNIVERSITY LAREDO, TX | SCHOLARSHIP | $75,000 |
| UNIVERSITY OF INCARNATE WORD SAN ANTONIO, TX | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN WATSON | DIRECTOR | — | — |
| JAMES K JONES JR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is The Dolly Richter Watson Memorial?
As of 2024, The Dolly Richter Watson Memorial holds $4.5M in total assets with $192K in annual revenue. It awarded 3 grants totaling $85K in 2024.
Where does The Dolly Richter Watson Memorial operate?
The Dolly Richter Watson Memorial has awarded grants in Texas.
What size grants does The Dolly Richter Watson Memorial award?
In 2024, The Dolly Richter Watson Memorial awarded 3 grants totaling $85K — an average of about $28K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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