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

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

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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+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Watertown Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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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

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

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