Thomas J and Olive C Watson Fdn Xxxxx1004

CHICAGO, IL EIN: 35-7120358

Thomas J and Olive C Watson Fdn Xxxxx1004 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $2.9M. Net investment income was $444K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2.9M

-3.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2.9M

-3.1% YoY

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.

About Thomas J and Olive C Watson Fdn Xxxxx1004

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $7.9M (100%)

States

Rhode Island

Cities

Providence

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$2,475,689	$4,736,861
Revenue	$450,173	$773,038	$312,530
Expenses	$2,915,383	$3,034,296	$106,791
Qualifying Distributions	$2,910,228	$3,007,782	$11,037
Net Investment Income	$443,651	$751,581	$226,394
Distributable Amount	$57,111	$174,422	$321,024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Brown University ($2,906,953).

Recipient	Purpose	Amount
BROWN UNIVERSITY PROVIDENCE, RI	GENERAL PURPOSES	$2,906,953

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Thomas J and Olive C Watson Fdn Xxxxx1004?

Thomas J and Olive C Watson Fdn Xxxxx1004 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds — in total assets as of 2024.

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.

What size grants does Thomas J and Olive C Watson Fdn Xxxxx1004 award?

In 2024, Thomas J and Olive C Watson Fdn Xxxxx1004 awarded 1 grants totaling $2.9M — an average of about $2.9M per grant, based on its IRS Form 990 filings.

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.