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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
+25.0% YoY
Annual Giving
$83K
-11.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$83K
-11.2% YoY
About Watertown Foundation Inc
Based on IRS filings
Watertown Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WATERTOWN, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 1 grants totaling $83K. Net investment income was $134K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,579,129 | $4,464,142 | $4,138,902 |
| Revenue | $817,844 | $474,165 | $411,693 |
| Expenses | $230,222 | $218,576 | $206,282 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $134,477 | $272,091 | $256,169 |
| Distributable Amount | — | — | — |
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
2 grants across all recorded years
Open Grants
2 open opportunities from Watertown Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($83,076).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS | — | $83,076 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARCIA KILLEEN | PRESIDENT | — | — |
| TED HEAVENRICH | VICE PRESIDE | — | — |
| PAULA LABONTE | SECRETARY | — | — |
| PAUL JESSELL | TREASURER | — | — |
| TINA AGATI | TRUSTEE | — | — |
| JUSTIN GOLDEN | TRUSTEE | — | — |
| WILLIAM DUNBAR | TRUSTEE | — | — |
| WILLIAM PALOMBA | TRUSTEE | — | — |
| MARGARET LONG MCKEE | TRUSTEE | — | — |
| LINDA MERRIMAN | TRUSTEE | — | — |
| JOE CALIGIURI | TRUSTEE | — | — |
| SUSAN ATKINS | TRUSTEE | — | — |
| DOUGLAS D'ANDREA | TRUSTEE | — | — |
| MARGRET WARNER | TRUSTEE | — | — |
| SUSAN SANTOPIETRO | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Watertown Foundation Inc?
Watertown Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WATERTOWN, CT. It holds $5.6M in total assets as of 2024.
How large is Watertown Foundation Inc?
As of 2024, Watertown Foundation Inc holds $5.6M in total assets with $818K in annual revenue. It awarded 1 grants totaling $83K in 2024.
What size grants does Watertown Foundation Inc award?
In 2024, Watertown Foundation Inc awarded 1 grants totaling $83K — an average of about $83K per grant, based on its IRS Form 990 filings.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Watertown Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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