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
No grants recorded for .
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
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Similar funders by location and focus area
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Nancy a Larson Foundation Inc
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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