Watertown Foundation Inc
To provide community support grants to local exempt organizations for capital items and individual scholarships to local students for higher education expenses.
Watertown Foundation Inc at a glance
In short: Watertown Foundation Inc gave $119K across 1 grant in 2025 (avg $119K). Source: 2025 IRS Form 990.
- Annual giving (2025)
- $119,200
- +43.5% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $119,200
- +43.5% vs 2024
- Median grant
- $119,200
- Total assets
- $5,958,635
- +6.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Watertown Foundation Inc
- Next open deadline
- March 25, 2027 (Watertown Foundation Scholarships)
Open Grants
1 open opportunity from Watertown Foundation Inc
Who Watertown Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 5 (80%).
How Watertown Foundation Inc gives
- Giving grew 49% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $80K (2021) to $119K (2025). In 2025 it made 1 grant totaling $119K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various | — | $119,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,958,635 | $427,490 | $292,824 | $119,200 | 1 | $278,493 |
| 2024 | $5,579,129 | $817,844 | $230,222 | $83,076 | 1 | $134,477 |
| 2023 | $4,464,142 | $474,165 | $218,576 | $93,548 | 1 | $272,091 |
| 2022 | $4,138,902 | $411,693 | $206,282 | $80,084 | 1 | $256,169 |
| 2021 | $4,871,202 | $244,766 | $187,038 | $79,735 | 1 | $216,673 |
About Watertown Foundation Inc
Based on IRS filings
Watertown Foundation Inc is a public charity, based in Watertown, CT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.0M in total assets. In 2025, it awarded 1 grant totaling $119K. Net investment income was $278K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Watertown Foundation Inc is led by Marcia Killeen, President since 2024 (on filings since 2021); none of the 15 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marcia Killeen
President
Vice President & Trustee → Vice President, 2023
Vice President → President, 2024
On filings since 2021
No compensation reported
Justin Golden
Trustee
On filings since 2021
No compensation reported
Linda Merriman
Trustee
On filings since 2021
No compensation reported
Margaret Long McKee
Trustee
On filings since 2021
No compensation reported
Susan Atkins
Trustee
On filings since 2021
No compensation reported
Tina Agati
Trustee
President → Trustee, 2024
On filings since 2021
No compensation reported
William Dunbar
Trustee
On filings since 2021
No compensation reported
Joe Caligiuri
Trustee
On filings since 2023
No compensation reported
Douglas D'andrea
Trustee
On filings since 2024
No compensation reported
Margret Warner
Trustee
On filings since 2024
No compensation reported
Susan Santopietro
Trustee
On filings since 2024
No compensation reported
Amy Julia Becker
Trustee
New on the 2025 filing
No compensation reported
Paul Jessell
Treasurer
On filings since 2021
No compensation reported
Paula Labonte
Secretary
Secretary → Secretary & Trustee, 2023
Secretary & Trustee → Secretary, 2024
On filings since 2021
No compensation reported
Ted Heavenrich
Vice President
Trustee → Vice President, 2024
On filings since 2021
No compensation reported
Former officers (5)
- Former: William Palomba (2021–2024) — Trustee
- Former: Brian Flaherty (2021–2023) — Trustee
- Former: Jacqueline Cassidy (2021–2023) — Trustee
- Former: Robert Campbell (2021–2023) — Trustee
- Former: Andrew Gallagher Jr. (2021–2022) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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 Foundation Inc
How much does Watertown Foundation Inc give each year?
Watertown Foundation Inc gave $119K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $83K across 1 grant.
How large is Watertown Foundation Inc?
Watertown Foundation Inc reported $6.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $427K.
What is Watertown Foundation Inc's EIN?
Watertown Foundation Inc's EIN (Employer Identification Number) is 06-6064660. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS September 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 22, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS June 17, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Watertown Foundation Inc's focus areas in our free grants database
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