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Watertown Foundation Inc

WATERTOWN, CT EIN: 06-6064660 Website

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.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$225K$450K$675K$900K2021202220232024
Metric202420232022
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

$0$23K$47K$70K$94K0 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

VARIOUS$83K

Grant Size Distribution

2 grants across all recorded years

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

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).

RecipientPurposeAmount
VARIOUS $83,076

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARCIA KILLEENPRESIDENT
TED HEAVENRICHVICE PRESIDE
PAULA LABONTESECRETARY
PAUL JESSELLTREASURER
TINA AGATITRUSTEE
JUSTIN GOLDENTRUSTEE
WILLIAM DUNBARTRUSTEE
WILLIAM PALOMBATRUSTEE
MARGARET LONG MCKEETRUSTEE
LINDA MERRIMANTRUSTEE
JOE CALIGIURITRUSTEE
SUSAN ATKINSTRUSTEE
DOUGLAS D'ANDREATRUSTEE
MARGRET WARNERTRUSTEE
SUSAN SANTOPIETROTRUSTEE

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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