Watterson Grace M T W

Private foundation · Grantmaker Saint Louis, MO EIN: 59-6807104

Watterson Grace M T W is a private foundation based in Saint Louis, Missouri. Its 2026 filing reports 18 grants totaling $90,000, all for scholarships; the foundation’s 2025 filing states that awards are restricted to dependent children of employees of Consolidated Systems who are under age 25.

Watterson Grace M T W at a glance

In short: Watterson Grace M T W gave $90K across 18 grants in 2026 (avg $5K), mostly in Florida. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$90,000
+38.5% vs 2025
Grants made (2026)
18
+1700.0% vs 2025
Average grant
$5,000
-92.3% vs 2025
Median grant
$5,000
Total assets
$1,852,726
-1.8% vs 2025
Primary geography
Florida (50% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

Data from IRS Form 990-PF, 2026; updated October 2026.

How to apply to Watterson Grace M T W

How to Apply

The foundation’s 2025 filing says it does not restrict giving to preselected organizations. It directs applicants to contact the Center for Scholarship Administration and obtain the required form and materials through the organization’s site. Awards are restricted to dependent children of employees of Consolidated Systems who are under age 25.

Review Cycle
The filing lists February 15. That date has passed for 2026.
Deadline
The filing lists February 15.
Contact

Application contact: Center For Scholarship Administrati
Mailing address: 4320-G Wade Hampton Blvd, Taylors, SC 29687
Phone: (866) 601-0001

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Watterson Grace M T W funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

University of Central Florida: $20K across 4 grantsUniversity of Central Florida$20K · 4 grantsUniversity of Florida: $10K across 2 grantsUniversity of Florida$10K · 2 grantsOregon State University: $5KOregon State University$5KDaytona State College: $5KDaytona State College$5KStetson University: $5KStetson University$5KNorth Greenville University: $5KNorth Greenville University$5KDrexel University: $5KDrexel University$5KLiberty University: $5KLiberty University$5KUniversity of South Florida: $5KUniversity of South Florida$5KUniversity of Alabama: $5KUniversity of Alabama$5K

The largest 2026 recipient was University of Central Florida ($20K across 4 grants). Together the top 10 received $70K.

Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.

Grant Size Distribution

66 grants across all recorded years

64<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 64 grants of 66 (97%).

Geographic Focus

Where this funder awards grants

In 2026, Florida accounted for 50% of grant dollars. An individual recipient and Alabama each accounted for 11%, while Oregon and Pennsylvania each accounted for 6%. These figures describe the locations of recipients, not a stated geographic restriction.

Grant Distribution by State

13states

Share of 2026 grant dollars across all 18 itemized grants.

Cities

OrlandoGainesvilleTallahasseeTampaAtlantaAuburnConwayCorvallisDaytona BeachDelandFort ValleyGrand ForksLynchburgMankatoPhiladelphiaTigervilleTuscaloosaAndersonAthensAustin

How Watterson Grace M T W gives

  • Giving held roughly steady from 2023 to 2026 (+6%). Method
  • In 2026 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K27 grants2021 27 grants2022 19 grants2023 1 grant2024 1 grant2025 18 grants2026

From 2021 to 2026, annual grant giving ranged from $65K (2025) to $90K (2026). In 2026 it made 18 grants totaling $90K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Florida Gainesville, FLScholarship$5,000
Oregon State University Corvallis, ORScholarship$5,000
Daytona State College Daytona Beach, FLScholarship$5,000
Stetson University Deland, FLScholarship$5,000
North Greenville University Tigerville, SCScholarship$5,000
University of Central Florida Orlando, FLScholarship$5,000
University of Central Florida Orlando, FLScholarship$5,000
University of Florida Gainesville, FLScholarship$5,000
University of Central Florida Orlando, FLScholarship$5,000
Drexel University Philadelphia, PAScholarship$5,000
Your AI grants department

Ready to take the next step with Watterson Grace M T W?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$1,852,726$95,488$133,703$90,00018$106,711$69,123$115,222
2025$1,887,164$62,912$101,990$65,0001$79,391$40,797$105,854
2024$1,926,244$23,941$110,402$75,0001$89,473$36,551$97,304
2023$2,012,732$48,044$128,567$85,00019$98,765$38,119$98,878
2022$2,092,790$355,425$123,087$85,00027$99,531$331,870$114,639
2021$1,856,321$47,331$116,627$80,00027—$25,984$100,128

Under IRS private-foundation payout rules, Watterson Grace M T W reported a distributable amount of $115K for 2026 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2026 grants show support for scholarships at colleges and universities. The 2025 filing’s eligibility restriction ties awards to qualifying dependent children of Consolidated Systems employees.

Among the grantees, the University of Central Florida says its foundation supports UCF through charitable contributions from alumni and friends. Stetson University describes its mission as providing an excellent education in a creative community and fostering students’ development. North Greenville University says it aims to cultivate graduates equipped to serve as transformational leaders for church and society. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2026, the foundation awarded 18 grants totaling $90,000. Each grant was $5,000. Listed recipients include the University of Florida, Oregon State University, Daytona State College, Stetson University, North Greenville University, the University of Central Florida, Drexel University, Liberty University, and the University of South Florida, each shown with a $5,000 scholarship grant. The University of Central Florida appears multiple times in the grant list.

Leadership & Key People

Leadership team and compensation from IRS filings

Wells Fargo Bank N.A. is listed as trustee on the 2026 filing.

Watterson Grace M T W's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2021 (compensated).

Officers on the 2026 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2021

    1 hr/week

    $27K (2021) → $29K (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Wells Fargo Bank N a — Trustee: $29KWells Fargo Bank N aTrustee$29K

The highest reported compensation on the 2026 filing was $29K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Watterson Grace M T W

How much does Watterson Grace M T W give each year?

Watterson Grace M T W gave $90K across 18 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $65K across 1 grant.

What is Watterson Grace M T W's typical grant size?

Watterson Grace M T W's median grant in 2026 was $5,000, and its average grant was $5,000, across 18 grants on its 2026 IRS Form 990-PF.

Where does Watterson Grace M T W give grants?

Watterson Grace M T W gives mostly in Florida: 50% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were South Carolina (11%) and Alabama (11%). The most frequent recipient cities were Orlando, FL (4 grants) and Gainesville, FL (2 grants).

Does Watterson Grace M T W give general operating support?

Not in 2026: none of the 18 grants with a stated purpose on Watterson Grace M T W's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (18 grants).

Who are Watterson Grace M T W's largest grantees?

Watterson Grace M T W's largest 2026 grantees include University of Central Florida ($20,000 across 4 grants), University of Florida ($10,000 across 2 grants) and Oregon State University ($5,000), according to its 2026 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 39% of its itemized 2026 grant dollars.

How large is Watterson Grace M T W?

Watterson Grace M T W reported $1.9M in total assets on its 2026 IRS Form 990-PF. It paid out $107K in qualifying distributions that year, against a required minimum of $115K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Watterson Grace M T W fund?

No mission statement for the foundation is provided. Its 2026 grants show support for scholarships at colleges and universities. The 2025 filing’s eligibility restriction ties awards to qualifying dependent children of Consolidated Systems employees. See mission & focus areas ↑

How do I apply for a grant from Watterson Grace M T W?

The foundation’s 2025 filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Watterson Grace M T W's EIN?

Watterson Grace M T W's EIN (Employer Identification Number) is 59-6807104. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 9, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Explore Open Grants

Browse active grant opportunities in Watterson Grace M T W's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Nina Haven Scholarships Inc

Stuart, FL

Nina Haven Scholarships Inc funds higher education scholarships, primarily for students from Martin County, Florida, including graduates of local schools and community colleges. Scholarships are typically up to $3,500 per year (up to $14,000 total); 2025 grants ranged from $3,500 to $76,000, with a $7,000 median. It does not accept unsolicited requests; students should contact their high school guidance office.

Assets

$4.6M

Grants

19

Total Given

$254K

Chapman Foundation Inc

Greenville, SC

Education

Assets

$2.8M

Grants

27

Total Given

$102K

Friends of the Edgewater Public Library Inc

Edgewater, FL

Assets

$241K

Grants

5

Total Given

$25K

Grant Thornton Foundation

Chicago, IL

In 2024, the Grant Thornton Foundation funded general support, educational institutions, and disaster relief, awarding 10 grants of $1,575 to $41,450 (median $19,060). It is based in Chicago, with 2024 grants concentrated in California, Arizona, and Florida. The foundation gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$224K

Grants

10

Total Given

$181K

Cecilia Hand Nelson and Morgan Hand II

Red Bank, NJ

The foundation primarily supports educational institutions and related programs, with 2025 grants ranging from $500 to $4,500 and a median award of $1,500. Its grants went mainly to organizations in Pennsylvania and New Jersey, with recipients in several other states. It funds only preselected charities and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.7M

Grants

44

Total Given

$77K

More similar funders

More Funders in Missouri

Cite this profile

Grantable. (2026). Watterson Grace M T W funder profile. GrantGraph. Retrieved October 25, 2026, from https://grantable.co/funders/watterson-grace-m-t-w-morg_9a6af52778784b9ab9814574a31ddf88

BibTeX
@misc{grantable_596807104_2026,
  author       = {{Grantable}},
  title        = {{Watterson Grace M T W funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/watterson-grace-m-t-w-morg_9a6af52778784b9ab9814574a31ddf88},
  note         = {Accessed 2026-10-25. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Watterson Grace M T W's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Watterson Grace M T W down — hundreds of funders to go?

Want AI to do this for you?