The William R Watts Fndn Inc
The William R Watts Foundation is a private foundation based in Fort Lauderdale, Florida, established in 1981 and formally funded following the death of William R. Watts and his widow in the 1990s. The foundation operates as a 501(c)(3) organization with tax-exempt status since April 1981.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.9M
+16.5% YoY
Annual Giving
$1.1M
+0.0% YoY
Grant Count
54
+5.9% YoY
Avg Grant Size
$20K
-5.6% YoY
Under IRS private-foundation payout rules, The William R Watts Fndn Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charities in Broward County and Miami-Dade counties, Florida. Primary funding interests include education, philanthropy, voluntarism and grantmaking, and human services. The foundation demonstrates a commitment to supporting youth in underserved communities through athletic opportunities, academic support, and mentorship programs.
Grantmaking
The foundation made 44 grants in the most recent fiscal year, with total giving of $1,100,000. Typical grant awards range from $5,000 to $110,000. Recent grantees include:
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Broward County and Miami-Dade counties, Florida, with some grantmaking activity in Missouri.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending October 2024:
- Total Assets: $25,863,559
- Total Revenue: $3,069,304
- Total Expenses: $1,350,363
- Net Income: $1,718,941
- Total Liabilities: $40,200
- Investment Income and Dividends: $483,461
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,863,559 | $22,196,364 | $22,365,840 |
| Revenue | $3,069,304 | $696,001 | $1,047,284 |
| Expenses | $1,350,363 | $1,337,596 | $1,333,796 |
| Qualifying Distributions | $1,193,116 | $1,187,272 | $1,192,179 |
| Net Investment Income | $2,978,201 | $553,341 | $878,877 |
| Distributable Amount | $1,136,913 | $1,106,805 | $1,327,044 |
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
238 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church Ft Laud ($110,000), Boys Girls Clubs of Broward Cnty ($110,000), United Way of Broward Cnty ($110,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST PRESBYTERIAN CHURCH FT LAUD FORT LAUDERDALE, FL | GENERAL | $110,000 |
| BOYS GIRLS CLUBS OF BROWARD CNTY FORT LAUDERDALE, FL | GENERAL | $110,000 |
| UNITED WAY OF BROWARD CNTY FORT LAUDERDALE, FL | GENERAL | $110,000 |
| UNITED WAY OF MIAMI-DADE MIAMI, FL | GENERAL | $110,000 |
| BROWARD CNTY CHAPTER SALVATION ARMY FORT LAUDERDALE, FL | GENERAL | $110,000 |
| THE MIAMI FOUNDATION MIAMI, FL | GENERAL | $110,000 |
| COMMUNITY FOUNDATION OF BROWARD FORT LAUDERDALE, FL | GENERAL | $110,000 |
| HABITAT FOR HUMANITY OF BROWARD FORT LAUDERDALE, FL | GENERAL | $10,000 |
| GILDA'S CLUB OF SOUTH FLORIDA INC FORT LAUDERDALE, FL | GENERAL | $5,000 |
| WASHINGTON UNIVERSITY ST LOUIS ST LOUIS, MO | GENERAL | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Wilson B Greaton Jr Esq – Chairman/President
- Elizabeth Greaton Stephany Esq – Vice President/Secretary/Treasurer
- William J Rotella – Trustee
- Brandon Kress – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILSON B GREATON JR ESQ | CHAIRMAN/VP | 10 | — |
| ELIZABETH GREATON STEPHANY ESQ | PRES/SEC/TRE | 1 | — |
| BRANDON KRESS | DIRECTOR | 1 | — |
| D KEITH COBB | DIRECTOR | 1 | — |
| LINDSEY LINZER | DIRECTOR | 1 | — |
| LILLY GALLARDO | DIRECTOR | 1 | — |
| NORIE DEL VALLE | DIRECTOR | 1 | — |
| STEPHANIE A AOUN | DIRECTOR | 1 | — |
| RICHARD G COKER JR ESQ | DIRECTOR | 1 | — |
Contact Information
Mailing Address: PO Box 39238 Fort Lauderdale, FL 33339-9238
Phone: 954-561-0313
EIN: 59-1971220
Frequently Asked Questions
What does The William R Watts Fndn Inc fund?
The foundation supports charities in Broward County and Miami-Dade counties, Florida. Primary funding interests include education, philanthropy, voluntarism and grantmaking, and human services. The foundation demonstrates a commitment to supporting youth in underserved communities through athletic opportunities, academic support, and mentorship programs.
How do I apply for a grant from The William R Watts Fndn Inc?
The foundation made 44 grants in the most recent fiscal year, with total giving of $1,100,000. Typical grant awards range from $5,000 to $110,000. Recent grantees include: • United Way Miami ($110,000) • The Miami Foundation ($110,000) • United Way of Broward County ($110,000) • First Presbyterian Church Fort Lauderdale The foundation supports youth through scholarships covering out-of-school time activities including team and camp participation, mentorships, academic support, college visits, c…
Where does The William R Watts Fndn Inc make grants?
The foundation primarily supports organizations in Broward County and Miami-Dade counties, Florida, with some grantmaking activity in Missouri.
What size grants does The William R Watts Fndn Inc award?
In 2024, The William R Watts Fndn Inc awarded 54 grants totaling $1.1M — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The William R Watts Fndn Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William R Watts Fndn Inc reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William R Watts Fndn Inc's EIN?
The William R Watts Fndn Inc's EIN (Employer Identification Number) is 59-1971220. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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