William J Watson Irrevocable Trust XXXXX5001
William J Watson Irrevocable Trust XXXXX5001 is a private foundation based in Chicago, Illinois. Its 2025 filing reports nine grants totaling $517,040, all for general purposes, to charitable organizations.
William J Watson Irrevocable Trust XXXXX5001 at a glance
In short: William J Watson Irrevocable Trust XXXXX5001 gave $517K across 9 grants in 2025 (avg $57K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $517,040
- +0.6% vs 2024
- Grants made (2025)
- 9
- +0.0% vs 2024
- Average grant
- $57,449
- +0.6% vs 2024
- Median grant
- $51,704
- Total assets
- $8,079,163
- +3.1% vs 2024
- Primary geography
- Illinois (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to William J Watson Irrevocable Trust XXXXX5001
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Website: https://watson.foundation
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who William J Watson Irrevocable Trust XXXXX5001 funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Metropolitan Family Services ($103K). Together the top 9 received $517K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was in the $50–100K range: 26 grants of 45 (58%).
Geographic Focus
Where this funder awards grants
The trust is based in Chicago, Illinois. In 2025, 90% of grant dollars went to recipients in Illinois and 10% to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How William J Watson Irrevocable Trust XXXXX5001 gives
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 95% 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
From 2019 to 2025, annual grant giving ranged from $443K (2019) to $517K (2025). In 2025 it made 9 grants totaling $517K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Metropolitan Family Services Chicago, IL | General | $103,408 |
| Chicago Home for Incurables Chicago, IL | General | $51,704 |
| The Gads Hill Center Chicago, IL | General | $51,704 |
| Glenwood School Chicago, IL | General | $51,704 |
| Admiral at the Lake Chicago, IL | General | $51,704 |
| University of Chicago Chicago, IL | General | $51,704 |
| Young Men's Christian Association Chicago, IL | General | $51,704 |
| Children's Care Foundation Chicago, IL | General | $51,704 |
| Ucan Vernon, CA | General | $51,704 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,079,163 | $879,873 | $640,198 | $517,040 | 9 | $556,881 | $805,676 | $584,333 |
| 2024 | $7,839,333 | $558,368 | $626,121 | $513,810 | 9 | $552,726 | $488,002 | $548,555 |
| 2023 | $7,916,863 | $237,333 | $604,704 | $501,581 | 9 | $535,970 | $174,770 | $484,734 |
| 2022 | $8,286,631 | $306,075 | $609,936 | $496,130 | 9 | $531,667 | $239,792 | $493,204 |
| 2021 | $8,590,851 | $1,398,145 | $583,272 | $464,039 | 9 | $502,711 | $1,328,893 | $530,900 |
| 2020 | $7,773,402 | $650,975 | $560,430 | $463,361 | 9 | — | $589,162 | $451,383 |
| 2019 | $7,683,314 | $561,353 | $548,718 | $442,830 | 9 | — | $499,117 | $441,939 |
Under IRS private-foundation payout rules, William J Watson Irrevocable Trust XXXXX5001 reported a distributable amount of $584K for 2025 — 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 trust is provided. Its 2025 grants went to organizations including social-service providers, a school, a university, and other charitable organizations. Metropolitan Family Services describes its mission as providing and mobilizing services to strengthen families and communities. The University of Chicago describes its mission as sustaining excellence in communicating and creating knowledge and fostering a dynamic community of scholars and students.
Grantmaking
In filing year 2025, the trust reported nine grants totaling $517,040. Grants ranged from $51,704 to $103,408, with a median of $51,704. The largest was $103,408 to Metropolitan Family Services. Other listed recipients receiving $51,704 each included the University of Chicago, Chicago Home for Incurables, The Gads Hill Center, Glenwood School, Admiral at the Lake, Young Men's Christian, Children's Care Foundation, and UCAN. The stated purpose for each grant was general.
Leadership & Key People
Officers and directors from IRS filings
William J Watson Irrevocable Trust XXXXX5001's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2019
2 hrs/week
$89K (2019) → $109K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $109K, to JP Morgan Chase Bank NA (Trustee).
Frequently asked questions about William J Watson Irrevocable Trust XXXXX5001
How much does William J Watson Irrevocable Trust XXXXX5001 give each year?
William J Watson Irrevocable Trust XXXXX5001 gave $517K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $514K across 9 grants.
What is William J Watson Irrevocable Trust XXXXX5001's typical grant size?
William J Watson Irrevocable Trust XXXXX5001's median grant in 2025 was $51,704, and its average grant was $57,449, across 9 grants on its 2025 IRS Form 990-PF.
Where does William J Watson Irrevocable Trust XXXXX5001 give grants?
William J Watson Irrevocable Trust XXXXX5001 gives mostly in Illinois: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (10%). The most frequent recipient cities were Chicago, IL (8 grants).
Does William J Watson Irrevocable Trust XXXXX5001 give general operating support?
Yes: 100% of William J Watson Irrevocable Trust XXXXX5001's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are William J Watson Irrevocable Trust XXXXX5001's largest grantees?
William J Watson Irrevocable Trust XXXXX5001's largest 2025 grantees include Metropolitan Family Services ($103,408), Chicago Home for Incurables ($51,704) and The Gads Hill Center ($51,704), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is William J Watson Irrevocable Trust XXXXX5001?
William J Watson Irrevocable Trust XXXXX5001 reported $8.1M in total assets on its 2025 IRS Form 990-PF. It paid out $557K in qualifying distributions that year, against a required minimum of $584K (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 William J Watson Irrevocable Trust XXXXX5001 fund?
No mission statement for the trust is provided. Its 2025 grants went to organizations including social-service providers, a school, a university, and other charitable organizations. See mission & focus areas ↑
How do I apply for a grant from William J Watson Irrevocable Trust XXXXX5001?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is William J Watson Irrevocable Trust XXXXX5001's EIN?
William J Watson Irrevocable Trust XXXXX5001's EIN (Employer Identification Number) is 36-6014834. IRS Form 990 filing data is available on this page for 2019–2025.
Does William J Watson Irrevocable Trust XXXXX5001 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
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