Watkins Family Foundation Inc

KNOXVILLE, TN EIN: 86-1574125

Watkins Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 14 grants totaling $118K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-3.6% YoY

Annual Giving

$118K

-30.9% YoY

Grant Count

14

+0.0% YoY

Avg Grant Size

$8K

-30.9% YoY

Under IRS private-foundation payout rules, Watkins Family Foundation Inc reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.

About Watkins Family Foundation Inc

Based on IRS filings

Watkins Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 14 grants totaling $118K. Net investment income was $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

KnoxvilleLenoir CityNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$526K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,690,131$1,752,661$1,909,162
Revenue$57,458$15,634$1,911,057
Expenses$119,988$172,135$1,895
Qualifying Distributions$117,520$170,000
Net Investment Income$31,236$948$722
Distributable Amount$86,178$93,067$74,405

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$85K$128K$170K0 grants20200 grants20210 grants202214 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KNOXVILLE MUSEUM OF ART$25KBOYS & GIRLS CLUB OF THE…$10KKNOXVILLE BOTANICAL GARD…$10KLAKESHORE PARK CONSERVANCY$10KUNIVERSITY OF TENNESSEE …$10KYWCA KNOXVILLE$10KZOO KNOXVILLE$10KEMERALD YOUTH FOUNDATION$5KHELEN ROSS MCNABB FOUNDA…$5KLEGACY PARKS FOUNDATION$5K

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Knoxville Museum of Art ($25,000), Boys & Girls Club of the Tn Valley ($10,000), Knoxville Botanical Gardens ($10,000).

RecipientPurposeAmount
BOYS & GIRLS CLUB OF THE TN VALLEY KNOXVILLE, TNYOUTH PROGRAMS$10,000
CARECUTS INC KNOXVILLE, TNHAIRCUTS FOR THE HOMELESS$2,500
EMERALD YOUTH FOUNDATION KNOXVILLE, TNYOUTH LEADERSHIP PROGRAMS$5,000
HELEN ROSS MCNABB FOUNDATION KNOXVILLE, TNELEVATE RECOVERY HIGH SCHOOL$5,000
KNOXVILLE BOTANICAL GARDENS KNOXVILLE, TNPUBLIC GARDENS$10,000
KNOXVILLE MUSEUM OF ART KNOXVILLE, TNART MUSEUM$25,000
LAKESHORE PARK CONSERVANCY KNOXVILLE, TNPUBLIC PARK$10,000
LEGACY PARKS FOUNDATION KNOXVILLE, TNPUBLIC PARKS & TRAILS$5,000
SHANGRI-LA THERAPEUTIC ACADEMY LENOIR CITY, TNTHERAPY FOR DISABLED PERSONS$5,000
THE JOY OF MUSIC SCHOOL KNOXVILLE, TNYOUTH MUSIC EDUCATION$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DEBORAH A WATKINSPRESIDENT1
CHRISTI W BRANSCOMSECRETARY1
RONALD A WATKINS JRTREASURER1
RONALD A WATKINS SRCHAIRMAN1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Watkins Family Foundation Inc?

Watkins Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. It holds $1.7M in total assets as of 2024.

How large is Watkins Family Foundation Inc?

As of 2024, Watkins Family Foundation Inc holds $1.7M in total assets with $57K in annual revenue. It awarded 14 grants totaling $118K in 2024.

Where does Watkins Family Foundation Inc operate?

Watkins Family Foundation Inc has awarded grants in Tennessee.

What size grants does Watkins Family Foundation Inc award?

In 2024, Watkins Family Foundation Inc awarded 14 grants totaling $118K — an average of about $8K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Watkins Family Foundation Inc reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Watkins Family Foundation Inc's EIN?

Watkins Family Foundation Inc's EIN (Employer Identification Number) is 86-1574125. 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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