The Watterson Family Foundation is a private foundation focused on Human Services, based in BLUFFTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $338K in total assets. In 2024, it awarded 22 grants totaling $98K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$338K
-15.6% YoY
Annual Giving
$98K
+5.7% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$4K
+0.9% YoY
Under IRS private-foundation payout rules, The Watterson Family Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About The Watterson Family Foundation
Based on IRS filings
The Watterson Family Foundation is a private foundation focused on Human Services, based in BLUFFTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $338K in total assets. In 2024, it awarded 22 grants totaling $98K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $338,158 | $400,792 | $375,868 |
| Revenue | $102,399 | $54,835 | $145,448 |
| Expenses | $124,858 | $128,694 | $146,035 |
| Qualifying Distributions | $124,531 | $128,426 | $145,196 |
| Net Investment Income | $32,207 | $9,677 | $7,945 |
| Distributable Amount | $19,693 | $18,406 | $19,593 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
110 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opfob ($12,500), Ada Exempt Village Schools ($10,000), Boys and Girls Club of the Lc ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ANTIOCH EDUCATIONAL CENTER RIDGELAND, SC | EDUCATION | $5,000 |
| BLACQUITY SC BLUFFTON, SC | EMPOWERING MINORITY BUSINESSES | $5,000 |
| BLUFFTON COMMUNITY SOUP KITCHEN BLUFFTON, SC | SOCIAL SERVICE | $6,600 |
| CHANGING OUR IMAGE NOW PROJECT HILTON HEAD ISLAND, SC | COMMUNITY WELFARE | $5,000 |
| DEEP WELL PROJECT HILTON HEAD ISLAND, SC | SOCIAL SERVICE | $6,600 |
| HILTON HEAD ISLAND HIGH SCHOOL HILTON HEAD ISLAND, SC | EDUCATION | $1,500 |
| HOPEFUL HORIZONS BEAUFORT, SC | MINISTRY-SURVIVORS DOMESTIC VIOLENCE | $2,000 |
| KORE FOUNDATION GALLATIN, TN | HUMANITARIAN ASSISTANCE | $1,680 |
| OPFOB HILTON HEAD ISLAND, SC | VETERAN ASSISTANCE | $12,500 |
| REAL CHAMPIONS RIDGELAND, SC | POVERTY ALLEVIATION | $6,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WATTERSON BILLY J | TRUSTEE | 5 | — |
| WATTERSON BRENDA S | TRUSTEE | 5 | — |
| BAXTER JEFF | TRUSTEE | 1 | — |
| HARDEN GARY | TRUSTEE | 2 | — |
| KACZMAREK RYAN | TRUSTEE | 1 | — |
| LATTA MARCIA SLOAN | TRUSTEE | 1 | — |
| MARTIN CYNTHIA | MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Watterson Family Foundation?
The Watterson Family Foundation is a private foundation focused on Human Services, based in BLUFFTON, SC. It holds $338K in total assets as of 2024.
How large is The Watterson Family Foundation?
As of 2024, The Watterson Family Foundation holds $338K in total assets with $102K in annual revenue. It awarded 22 grants totaling $98K in 2024.
Where does The Watterson Family Foundation operate?
The Watterson Family Foundation has awarded grants in Arkansas, Illinois, Indiana, Michigan, Ohio, South Carolina, Tennessee, Texas.
What size grants does The Watterson Family Foundation award?
In 2024, The Watterson Family Foundation awarded 22 grants totaling $98K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Watterson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Watterson Family Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Watterson Family Foundation's EIN?
The Watterson Family Foundation's EIN (Employer Identification Number) is 83-1704737. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Watterson Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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