The Watterson Foundation
The Watterson Foundation is a private foundation (501(c)(3)) established in 1961 and located in Charlottesville, Virginia. The foundation operates as a grantmaking organization with no direct charitable activities of its own.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.5M
+1028.6% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$245K
+1216.7% YoY
Mission & Focus Areas
The foundation's primary purpose is to provide grants to support the general purposes of its donees. The foundation has no stated direct charitable activities.
Grantmaking
The Watterson Foundation made 39 grants in the most recent reporting year (2023). Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation is based in Charlottesville, Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $400,699
- Total Revenues: $130,879
- Total Expenses: $130,266
- Investment Income and Dividends: $38,249
The foundation has zero employees and relies on investment income as its primary revenue source.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $400,699 | $400,086 |
| Revenue | $1,133,640 | $130,879 | $49,257 |
| Expenses | $1,480,847 | $130,266 | $54,641 |
| Qualifying Distributions | $1,470,000 | $130,250 | $53,100 |
| Net Investment Income | $1,133,640 | $130,863 | $49,221 |
| Distributable Amount | $18,126 | $63,550 | $59,307 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA S WATTERSON | Secretary | 1 | — |
| STUART G WATTERSON | President | 1 | — |
| WAYT TIMBERLAKE | Treasurer | 1 | — |
| YVONNE WATTERSON | BOARD MEMBER | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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