Watford Family Foundation Inc

THE WOODLANDS, TX EIN: 27-4187713

Watford Family Foundation Inc is a private foundation focused on Human Services, based in THE WOODLANDS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 12 grants totaling $393K. Net investment income was $138K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.1M

-2.3% YoY

Annual Giving

$393K

+2.9% YoY

Grant Count

12

+50.0% YoY

Avg Grant Size

$33K

-31.4% YoY

Under IRS private-foundation payout rules, Watford Family Foundation Inc reported a distributable amount of $370K for 2024 — the minimum it must pay out in qualifying distributions.

About Watford Family Foundation Inc

Based on IRS filings

Watford Family Foundation Inc is a private foundation focused on Human Services, based in THE WOODLANDS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 12 grants totaling $393K. Net investment income was $138K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ButteConroeFederal WayGainesvilleHockleyHoustonKansas CityMagnoliaNew OrleansRichmondThe WoodlandsWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$245K$489K$734K$979K20202021202220232024
Metric202420232022
Total Assets$7,130,576$7,300,278$6,871,217
Revenue$197,839$889,692$543,469
Expenses$452,959$526,656$572,853
Qualifying Distributions$392,744$381,851$554,274
Net Investment Income$137,624$494,887$83,188
Distributable Amount$370,075$324,708$282,764

Giving Over Time

Total grant dollars and number of grants per year

$0$139K$277K$416K$554K10 grants202014 grants20214 grants20228 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PRAYERS OF THE PEOPLE$70KANGEL REACH$60KNORTHWEST ASSISTANCE MIN…$50KSIGMA PHI EPSILON EDUCAT…$50KHOUSTON METHODIST HOSPIT…$50KINSPIRATION RANCH$47KMONTGOMERY COUNTY WOMEN'…$28KAMERICAN HEART ASSOCIATION$20KFLORIDA ALPHA SCHOLARSHIP$10KBOYS AND GIRLS COUNTRY O…$5K

Grant Size Distribution

48 grants across all recorded years

38<$50K7$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Prayers of the People ($70,000), Angel Reach ($60,400), Northwest Assistance Ministries ($50,000).

RecipientPurposeAmount
ANGEL REACH CONROE, TXTO ASSIST AND ENHANCE THE LIVES OF YOUNG PEOPLE INSPITE OF OBSTACLES.$60,400
BOYS AND GIRLS COUNTRY OF HOUSTON I HOCKLEY, TXTO HELP PAY SALARIES TO THE TEACHERS.$5,000
CONTRIBUTIONS MADE VIA PTP ENTITIES HOUSTON, TXTO SUPPORT THOSE BATTLING DISEASE.$344
FLORIDA ALPHA SCHOLARSHIP GAINESVILLE, FLTO AID YOUNG MEN OF THE UNIVERSITY OF FLORIDA WHO ARE MEMBERS, OR CANDIDATES TO BECOME MEMBERS, OF THE FLORIDA ALPHA CHAPTER OF SIGMA PHI EPSILON FRATERNITY.$10,000
NORTHWEST ASSISTANCE MINISTRIES HOUSTON, TXTO HELP SUPPLY BASIC HUMAN NEEDS TO THE COMMUNITY.$50,000
SIGMA PHI EPSILON EDUCATIONAL FOUND RICHMOND, VATO HELP UNDERGRADUATES WITH THE RISING COST OF COLLEGE.$50,000
PRAYERS OF THE PEOPLE HOUSTON, TXTO PROVIDE SPIRITUAL CARE, PRAYER AND COMMUNITY RESOURCES THROUGH SPECIALLY TRAINED LAY CHAPLAINS SERVING PATIENTS IN HEALTH CARE SETTINGS AROUND THE WORLD.$70,000
MONTGOMERY COUNTY WOMEN'S CENTER CONROE, TXTO LEAD THE EFFORT IN PREVENTING DOMESTIC VIOLENCE AND SEXUAL ASSUALT THROUGH CRISIS INTERVENTION, ASSISTANCE, ADVOCACY, EMPOWERMENT AND SOCIAL CHANGE.$27,500
AMERICAN HEART ASSOCIATION HOUSTON, TXTO BE A RELENTLESS FORCE FOR A WORLD OF LONGER, HEALTHIER LIVES.$20,000
INSPIRATION RANCH MAGNOLIA, TXTO PROVIDE HOPE AND IMPROVE THE LIVES OF THOSE WITH PHYSICAL, MENTAL AND EMOTIONAL CHALLENGES THROUGH EQUINE-ASSISTED SERVICES.$47,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL D WATFORDPRES/SEC/TR
AMANDA N WATFORDDIRECTOR
JASON M WATFORDDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Watford Family Foundation Inc?

Watford Family Foundation Inc is a private foundation focused on Human Services, based in THE WOODLANDS, TX. It holds $7.1M in total assets as of 2024.

How large is Watford Family Foundation Inc?

As of 2024, Watford Family Foundation Inc holds $7.1M in total assets with $198K in annual revenue. It awarded 12 grants totaling $393K in 2024.

Where does Watford Family Foundation Inc operate?

Watford Family Foundation Inc has awarded grants in District of Columbia, Florida, Louisiana, Missouri, Montana, Texas, Virginia, Washington.

What size grants does Watford Family Foundation Inc award?

In 2024, Watford Family Foundation Inc awarded 12 grants totaling $393K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Watford Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Watford Family Foundation Inc reported a distributable amount of $370K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Watford Family Foundation Inc's EIN?

Watford Family Foundation Inc's EIN (Employer Identification Number) is 27-4187713. IRS Form 990 filing data is available on this page for 2020–2024.

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

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