Thomas J and Olive C Watson Fdn XXXXX1004
Thomas J and Olive C Watson Fdn XXXXX1004 is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $2.9M. Net investment income was $444K.
Thomas J and Olive C Watson Fdn XXXXX1004 at a glance
In short: Thomas J and Olive C Watson Fdn XXXXX1004 gave $2.9M across 1 grant in 2024 (avg $2.9M), mostly in Rhode Island. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,906,953
- -3.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $2,906,953
- -3.1% vs 2023
- Median grant
- $2,906,953
- Primary geography
- Rhode Island (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Thomas J and Olive C Watson Fdn XXXXX1004 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Brown University ($2.9M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Thomas J and Olive C Watson Fdn XXXXX1004 gives
- Giving grew 45% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $2.0M (2021) to $3.0M (2023). In 2024 it made 1 grant totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Brown University Providence, RI | General Purposes | $2,906,953 |
Ready to take the next step with Thomas J and Olive C Watson Fdn XXXXX1004?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $450,173 | $2,915,383 | $2,906,953 | 1 | $2,910,228 | $443,651 | $57,111 |
| 2023 | $2,475,689 | $773,038 | $3,034,296 | $3,000,000 | 1 | $3,007,782 | $751,581 | $174,422 |
| 2022 | $4,736,861 | $312,530 | $106,791 | — | — | $11,037 | $226,394 | $321,024 |
| 2021 | $4,522,576 | $1,211,083 | $2,084,410 | $2,000,000 | 1 | — | $1,152,226 | $321,244 |
| 2020 | $5,404,776 | $569,555 | $76,709 | — | — | — | $511,692 | $315,794 |
Under IRS private-foundation payout rules, Thomas J and Olive C Watson Fdn XXXXX1004 reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Thomas J and Olive C Watson Fdn XXXXX1004's only listed officer is Jpmorgan Trust Company Of Delaware, Trustee on every filing since 2020 (compensated).
Officers on the 2024 filing
Jpmorgan Trust Company Of Delaware
Trustee
On filings since 2020
2 hrs/week
$19K (2020) → $8K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $8K, to JPMorgan Trust Company of Delaware (Trustee).
Frequently asked questions about Thomas J and Olive C Watson Fdn XXXXX1004
How much does Thomas J and Olive C Watson Fdn XXXXX1004 give each year?
Thomas J and Olive C Watson Fdn XXXXX1004 gave $2.9M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.0M across 1 grant.
Where does Thomas J and Olive C Watson Fdn XXXXX1004 operate?
Thomas J and Olive C Watson Fdn XXXXX1004 has awarded grants in Rhode Island.
How much is Thomas J and Olive C Watson Fdn XXXXX1004 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas J and Olive C Watson Fdn XXXXX1004 reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas J and Olive C Watson Fdn XXXXX1004's EIN?
Thomas J and Olive C Watson Fdn XXXXX1004's EIN (Employer Identification Number) is 35-7120358. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Thomas J and Olive C Watson Fdn XXXXX1004 funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Thomas J and Olive C Watson Fdn XXXXX1004's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Frank B Randall Tua
Dallas, TX
Assets
—
Grants
1
Total Given
$116K
First Draft News Inc
New York, NY
Assets
—
Grants
1
Total Given
$50K
Lundquist Institute for Biomedical Innovation at Harbor-UCLA Medical Center
Torrance, CA
The Lundquist Institute supports biomedical research, education, and community health, with research spanning basic and translational science, clinical trials, medical technology, and population health. Reported 2022 grants ranged from $18,054 to $129,649, with examples in California, Ohio, and Maryland; these do not establish typical giving or a broader geographic policy. The available information does not state whether it accepts unsolicited requests.
Assets
$152.7M
Grants
0
Total Given
$231K
Elm Foundation Inc
Lebanon, NJ
Assets
$787K
Grants
2
Total Given
$45K
Porter and Lauren Collins Foundation
Houston, TX
Assets
$475K
Grants
6
Total Given
$21K
Sean David Conover Charitable Scholarship Foundation
Bartlesville, OK
Assets
$3K
Grants
6
Total Given
$16K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Thomas J and Olive C Watson Fdn XXXXX1004's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Thomas J and Olive C Watson Fdn XXXXX1004 down — hundreds of funders to go?