Watson Family Foundation
- Assets
- $2.7k
- Revenue
- $27.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 43-1360667
Organization Overview
Watson Family Foundation is located in Overland Park, KS. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Watson Family Foundation generated $27.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOTE: ONLY ACTIVITY OF THE FOUNDATION WAS DONATING TO VARIOUS ORGANIZATIONS THAT WERE SELECTED BY THE TRUSTEE.
THERE WERE NO DIRECT EXPENSES INCURRED IN MAKING THESE DONATIONS.
N/A
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,500 |
| Interest on Savings | $9 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,000 |
| Total Revenue | $27,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,600 |
| Contributions, gifts, grants paid | $25,218 |
| Total expenses and disbursements | $26,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,746 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,746 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Watson Family Foundation has awarded $25,218 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS PURPOSE: TO HELP CHILDREN REALIZE THEIR POTENTIAL AND BUILD THEIR FUTURES THROUGH AFTER SCHOOL PROGRAMS | $500 |
BLUE VALLEY EDUCATIONAL FOUNDATION PURPOSE: FOR ASSISTANCE WITH EDUCATIONAL PROGRAMS | $500 |
CHILD PROTECTION CENTER PURPOSE: FOR ASSISTANCE WITH THE REDUCTION OF TRAUMA FOR CHILDREN DURING THE INVESTIGATION AND PROSECUTION OF CRIMES AGAINST CHILDREN | $500 |
BOYS AND GIRLS CLUB PURPOSE: FOR ASSISTANCE WITH BOYS AND GIRLS AFTER SCHOOL ACTIVITIES | $500 |
CROSSROADS HOSPICE CHARITABLE FOUNDATION PURPOSE: PROVIDES SUPPORT TO TERMINALLY ILL THROUGH HOSPICE CARE | $1,000 |
CITY UNION MISSION PURPOSE: FOR ASSISTANCE WITH CHRISTIAN MINISTRY COMMITTED TO SHARING THE GOSPEL AND MEETING SPIRITUAL, PHYSICAL, AND EMOTIONAL NEEDS OF MEN, WOMEN, AND CHILDREN WHO ARE POOR AND HOMELESS | $500 |