The Watkins Family Charitable Foundation Aka

CHICAGO, IL EIN: 54-1873256

The Watkins Family Charitable Foundation is a private grantmaking foundation established in 1997 and based in Chicago, Illinois. The foundation operates as a non-operating private foundation, making contributions exclusively to preselected charitable organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.9M

+0.8% YoY

Annual Giving

$775K

+298.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$775K

+298.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation has made 120 grants totaling $1.2 million according to available records. Grant characteristics include:

Grant Range

$838-$10,000

Average Grant

$838-$10,000

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Geographic Focus

Where this funder awards grants

The foundation supports a wide range of U.S. locations, with funded states including:

  • California
  • Connecticut
  • District of Columbia
  • Florida
  • Georgia
  • Illinois
  • Kentucky
  • Maryland
  • Missouri
  • New York
  • Ohio
  • Pennsylvania
  • South Carolina
  • Virginia
  • Wisconsin
  • West Virginia

Grant Distribution by State

16states
+8 more states

Cities

AlexandriaAtlantaAugustBaltimoreBowling GreenCamp HillCharlottesvilleChicagoCincinnatiClemsonClevelandClifton ForgeEvanstonFrankfortGlencoeGlenviewHighland ParkIrvineLake ForestLewisburg

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $16.7 million
  • Annual Revenue: $3.26 million
  • Annual Expenses: $272,000
  • Total Giving: $194,500

Historical Growth:

  • Total assets have grown from $2.1 million in 2011 to $16.7 million in 2023
  • Annual giving has decreased from $577,000 in 2021 to $195,000 in 2023
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$16,871,216$16,731,839$9,619,198
Revenue$1,189,154$3,264,147$304,844
Expenses$1,056,133$271,861$509,158
Qualifying Distributions$905,385$229,290$473,714
Net Investment Income$1,097,407$3,237,971$279,426
Distributable Amount$966,791$848,016$905,892

Giving Over Time

Total grant dollars and number of grants per year

$0$194K$387K$581K$775K72 grants202070 grants202149 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED SCHEDULE$775K

Grant Size Distribution

151 grants across all recorded years

143<$50K$50–100K7$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by four officers and trustees:

  • Philip A Huss (Principal Officer, Trustee)
  • H Thomas Watkins III (Trustee)
  • Wendy R Watkins (Trustee)
  • Northern Trust Company (Co-trustee, receives compensation for its role)

Compensation Overview

From 2024 IRS filing

NORTHERN TRUST COMPANYCO-TRUSTEE$201K

From 2024 filing

NameTitleHoursCompensation
NORTHERN TRUST COMPANYCO-TRUSTEE1$200,921
H THOMAS WATKINS IIICO-TRUSTEE1
WENDY R WATKINSCO-TRUSTEE1
PHILIP A HUSS DECEASEDCO-TRUSTEE1

Contact Information

Mailing Address: PO Box 803878 Chicago, IL 60680-3878 United States

Telephone: 312-630-6000

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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