Walter E & Caroline H Watson Trust

PITTSBURGH, PA EIN: 34-6547726

No verified information about the Walter E & Caroline H Watson Trust was found in the provided sources. While several foundations with "Watson" in their name appear in the source materials (including the Hyde and Watson Foundation, Walter Johnson Trust, Watson Foundation Fund, and J.S. Watson Grants), none of these sources contain specific details about the Walter E & Caroline H Watson Trust.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

+2.3% YoY

Annual Giving

$354K

+14.7% YoY

Grant Count

28

-9.7% YoY

Avg Grant Size

$13K

+26.9% YoY

Under IRS private-foundation payout rules, Walter E & Caroline H Watson Trust reported a distributable amount of $427K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AkronBoardmanCanfieldChicagoCincinnatiClevelandColumbusCuyahoga FallsCuyahoga FlsGirardGlen MillsIndepedendceKentLutzMacedoniaMiddletownNilesPittsburghStruthersVienna

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$223K$445K$668K$890K201920202021202220232024
Metric202420232022
Total Assets$7,583,911$7,410,290$7,004,893
Revenue$607,819$769,663$-26,889
Expenses$430,252$363,623$568,634
Qualifying Distributions$374,784$332,054$511,614
Net Investment Income$569,437$728,202$144,290
Distributable Amount$427,413$377,300$400,100

Giving Over Time

Total grant dollars and number of grants per year

$0$122K$243K$365K$487K40 grants201932 grants202033 grants202139 grants202231 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMMUNITY CORPORATION$40KMERCY HEALTH FDN$32KAKRON CHILDREN'S HOSPITAL$32KSALVATION ARMY$26KYOUNGSTOWN AREA JEWISH F…$25KYMCA OF YOUNGSTOWN$15KAKIVA ACADEMY$15KTHE YOUNGSTOWN EDISON IN…$15KAMERICAN RED CROSS GREAT…$15KRESCUE MISSION OF MAHONI…$11K

Grant Size Distribution

163 grants across all recorded years

161<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Walter E & Caroline H Watson Trust

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community Corporation ($40,000), Mercy Health Fdn ($31,886), Akron Children's Hospital ($31,886).

RecipientPurposeAmount
NATIONAL SOCIETY TO PREVENT BLINDNESS CHICAGO, ILMAHONING VALLEY OUTREACH$5,000
GIRL SCOUTS OF NORTH EAST YOUNGSTOWN, OHJOURNEYS IN YOUNGSTOWN$5,000
TRUMBULL AND EASTER SEALS Youngstown, OHAUTISM DIAGNOSTIC CLINIC$10,000
YOUNGSTOWN PLAYHOUSE YOUNGSTOWN, OHYOUTH THEATRE PROGRAM 2025$7,500
OHIO URBAN RENAISSANCE YOUNGSTOWN, OHICAN AFTERSCHOOL PROGRAM$10,000
SALVATION ARMY Youngstown, OHEMERGENCY SOCIAL SERVICES$26,000
MAKE A WISH FOUNDATION OF GREATER OHIO INDEPEDENDCE, OHWISHES MAHONING/TRUMBULL$5,000
YMCA OF YOUNGSTOWN YOUNGSTOWN, OHFINANCIAL ASSISTANCE$15,000
MERCY HEALTH FDN YOUNGSTOWN, OHGENERAL SUPPORT$31,886
ALL CHILDREN LEARN DIFFERENTLY YOUNGSTOWN, OHAFTERSCHOOL INTERVENTION$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PNC BANK NATRUSTEE$51K

From 2024 filing

NameTitleHoursCompensation
PNC BANK NATRUSTEE10$50,936

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What size grants does Walter E & Caroline H Watson Trust award?

In 2024, Walter E & Caroline H Watson Trust awarded 28 grants totaling $354K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Walter E & Caroline H Watson Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter E & Caroline H Watson Trust reported a distributable amount of $427K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walter E & Caroline H Watson Trust's EIN?

Walter E & Caroline H Watson Trust's EIN (Employer Identification Number) is 34-6547726. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Walter E & Caroline H Watson Trust's focus areas in our free grants database

Related Funders

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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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