Watts Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 22 grants totaling $86K. Net investment income was $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$884K
-0.1% YoY
Annual Giving
$86K
+4.7% YoY
Grant Count
22
+15.8% YoY
Avg Grant Size
$4K
-9.6% YoY
Under IRS private-foundation payout rules, Watts Family Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About Watts Family Foundation
Based on IRS filings
Watts Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 22 grants totaling $86K. Net investment income was $67K.
Focus Areas
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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 | $883,779 | $884,645 | $806,891 |
| Revenue | $75,672 | $82,885 | $57,997 |
| Expenses | $94,125 | $91,337 | $74,451 |
| Qualifying Distributions | $85,521 | $81,697 | $63,930 |
| Net Investment Income | $67,068 | $13,745 | $38,515 |
| Distributable Amount | $42,615 | $41,463 | $43,880 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mn Adult & Teen Challenge ($33,300), Christ Community Church ($10,800), Fellowship of Christian Athletes ($10,050).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HELPER APPLE VALLEY, MN | GENERAL SUPPORT | $3,600 |
| BEAR CREEK SERVICES ROCHESTER, MN | GENERAL SUPPORT | $1,000 |
| CAMPUS CRUSADE FOR CHRIST ORLANDO, FL | GENERAL SUPPORT | $6,660 |
| CHANNEL ONE ROCHESTER, MN | GENERAL SUPPORT | $500 |
| CHRIST COMMUNITY CHURCH ROCHESTER, MN | GENERAL SUPPORT | $10,800 |
| CRYSTAL WOMEN'S CLINIC CRYSTAL, MN | GENERAL SUPPORT | $500 |
| DOC'S RECOVERY HOUSE ROCHESTER, MN | GENERAL SUPPORT | $1,000 |
| FATHERS FOR THE FATHERLESS BURNSVILLE, MN | GENERAL SUPPORT | $1,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MO | GENERAL SUPPORT | $10,050 |
| FOCUS ON THE FAMILY COLORADO SPRINGS, CO | GENERAL SUPPORT | $1,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLAN WATTS | VICE PRESIDENT | 10 | — |
| JULIE WATTS | PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Watts Family Foundation?
Watts Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. It holds $884K in total assets as of 2024.
How large is Watts Family Foundation?
As of 2024, Watts Family Foundation holds $884K in total assets with $76K in annual revenue. It awarded 22 grants totaling $86K in 2024.
Where does Watts Family Foundation operate?
Watts Family Foundation has awarded grants in Arkansas, California, Colorado, Florida, Minnesota, Missouri, North Carolina, Wisconsin.
What size grants does Watts Family Foundation award?
In 2024, Watts Family Foundation awarded 22 grants totaling $86K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Watts Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Watts Family Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Watts Family Foundation's EIN?
Watts Family Foundation's EIN (Employer Identification Number) is 71-0882769. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Watts 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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