Watson Family Foundation
Watson Family Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 2 grants totaling $55K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$337K
+21.7% YoY
Annual Giving
$55K
-96.0% YoY
Grant Count
2
-85.7% YoY
Avg Grant Size
$28K
-71.8% YoY
Under IRS private-foundation payout rules, Watson Family Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Watson Family Foundation
Based on IRS filings
Watson Family Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 2 grants totaling $55K. Net investment income was $15K.
Ready to take the next step with Watson Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $336,534 | $276,535 | $1,580,637 |
| Revenue | $116,533 | $63,514 | $6,557 |
| Expenses | $56,647 | $1,367,616 | $213,979 |
| Qualifying Distributions | $55,000 | $1,363,540 | $207,000 |
| Net Investment Income | $15,046 | $11,480 | $11,747 |
| Distributable Amount | $15,808 | $25,121 | $71,183 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bel Air Presbyterian Church ($45,000), Steel Magnolia Moms ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEL AIR PRESBYTERIAN CHURCH LOS ANGELES, CA | GENERAL OPERATING FUND | $45,000 |
| STEEL MAGNOLIA MOMS HOUSTON, TX | GENERAL OPERATING FUND | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES L WATSON | PRESIDENT | — | — |
| KIM R WATSON | VP, SEC, TREASURER | — | — |
Frequently Asked Questions
How large is Watson Family Foundation?
As of 2024, Watson Family Foundation holds $337K in total assets with $117K in annual revenue. It awarded 2 grants totaling $55K in 2024.
Where does Watson Family Foundation operate?
Watson Family Foundation has awarded grants in California, Georgia, Illinois, Minnesota, New York, Oklahoma, Tennessee, Texas, Virginia.
What size grants does Watson Family Foundation award?
In 2024, Watson Family Foundation awarded 2 grants totaling $55K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Watson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Watson Family Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Watson Family Foundation's EIN?
Watson Family Foundation's EIN (Employer Identification Number) is 76-0420732. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Watson Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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