Watertown Area Community Foundation
To provide for the betterment of watertown, Wisconsin and the surrounding area and promote the enhancement of the quality of life for its people.
Key facts about Watertown Area Community Foundation
In short: Watertown Area Community Foundation gave $293K across 2 grants in 2025 (avg $147K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- EIN
- 39-1708484
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $293,323
- Grants made (2025)
- 2
- Average grant
- $146,662
- Median grant
- $146,662
- Total assets
- $16,034,101
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$16.0M
-7.8% YoY
Annual Giving
$293K
+360.5% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$147K
+590.7% YoY
How Watertown Area Community Foundation gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Watertown Area Community Foundation
Based on IRS filings
Watertown Area Community Foundation is a public charity, based in Watertown, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16.0M in total assets. In 2025, it awarded 2 grants totaling $293K. Net investment income was $1.2M.
Focus Areas
Open Grants
8 open opportunities from Watertown Area Community Foundation
Area School Partnership Program
Watertown Area Community Foundation
Amount
Varies; $9,350 awarded in recent cycle
Deadline
Deadline not published
General Community Grants
Watertown Area Community Foundation
Amount
Varies by project; examples: $20,000, $35,000
Deadline
Deadline not published
Giving Back 365
Watertown Area Community Foundation
Amount
$365 annual membership donation; grants awarded to organizations
Deadline
Deadline not published
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $64K (2024) to $2.5M (2020). In 2025 it made 2 grants totaling $293K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Watertown Historical Society ($243K). Together the top 2 received $293K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 3 grants of 9 (33%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Watertown Historical Society Watertown, WI | 1ST Kindergarten Project | $243,323 |
| YMCA Watertown, WI | Year 2 of 5 Donation Commitments | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $16,034,101 | $17,397,768 | $13,818,056 |
| Revenue | $2,540,156 | $4,112,069 | $1,934,030 |
| Expenses | $821,248 | $726,849 | $569,063 |
| Net Investment Income | $1,245,354 | $360,904 | $216,057 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS April 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Watertown Area Community Foundation is led by Tom Schultz, President on every filing since 2020; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tom Schultz
President
On filings since 2020
5 hrs/week
No compensation reported
Amy Buchholtz
Director
On filings since 2020
2 hrs/week
No compensation reported
Deb Fischer
Director
On filings since 2020
2 hrs/week
No compensation reported
Sandra Budewitz
Director
On filings since 2020
2 hrs/week
No compensation reported
Susanne Bradow
Director
On filings since 2020
2 hrs/week
No compensation reported
Tom Levi
Director
On filings since 2020
2 hrs/week
No compensation reported
Kevin Clifford
Director
On filings since 2021
2 hrs/week
No compensation reported
Bill Oswald
Vice President
Director → Vice Presdient, 2021
Vice Presdient → Vice President, 2022
On filings since 2020
5 hrs/week
No compensation reported
Mike Hoppenrath
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Sue Rhodes
Secretary
Director → Secretary, 2021
On filings since 2020
5 hrs/week
No compensation reported
Former officers (1)
- Former: Jim Clifford (2020) — Vice Presdient
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Watertown Area Community Foundation
How much does Watertown Area Community Foundation give each year?
Watertown Area Community Foundation gave $293K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $64K across 3 grants.
How large is Watertown Area Community Foundation?
Watertown Area Community Foundation reported $16.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.5M.
Where does Watertown Area Community Foundation operate?
Watertown Area Community Foundation has awarded grants in Wisconsin.
What is Watertown Area Community Foundation's EIN?
Watertown Area Community Foundation's EIN (Employer Identification Number) is 39-1708484. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Watertown Area Community Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Watertown Area Community Foundation's focus areas in our free grants database
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