The Watts Family Foundation

NEW YORK, NY EIN: 04-3402936

The Watts Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $8.4M in total assets. In 2022, it awarded 1 grants totaling $425K. Net investment income was $2.4M.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$8.4M

+28.9% YoY

Annual Giving

$425K

+9.1% YoY

Grant Count

1

-94.1% YoY

Avg Grant Size

$425K

+1755.4% YoY

About The Watts Family Foundation

Based on IRS filings

The Watts Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $8.4M in total assets. In 2022, it awarded 1 grants totaling $425K. Net investment income was $2.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonBraintreeCambridgeChathamChristianstedHyannisLincolnNew YorkWellesley HillsWest Chatham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$661K$1M$2M$3M20212022
Metric20222021
Total Assets$8,401,659$6,516,574
Revenue$2,404,016$496,853
Expenses$518,931$413,336
Qualifying Distributions$435,183
Net Investment Income$2,364,024$477,360
Distributable Amount$422,753$429,818

Giving Over Time

Total grant dollars and number of grants per year

$0$106K$213K$319K$425K17 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

HARVARD UNIVERSITY$425K

Grant Size Distribution

18 grants across all recorded years

15<$50K$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
DAVID B WATTS 7121 - 102821SOLE TRUSTEE1
BRADLEY G WATTS 102821 - 13122SUCCESSOR BOARD OF TRUSTEES1
BESSEMER TRUST COMPANY AS OF 2122SOLE TRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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