Watson Family Foundation
- Assets
- $2.1k
- Revenue
- $21.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 07/1985
- Data as of
- 12/2021
- 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 12/2021, Watson Family Foundation generated $21.5k 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 (26.7%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.7%) 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
2021
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
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,500 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $21,500 |
| 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 | $0 |
| Contributions, gifts, grants paid | $20,150 |
| Total expenses and disbursements | $20,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,055 |
| 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 | $2,055 |
| 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 $20,150 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
KC METROPOLITAN CRIME COMMISSION PURPOSE: FOR ASSISTANCE WITH FAMILY MEMBERS TOUCHED BY CRIME IN THE COMMUNITY | $1,500 |
KC RONALD MCDONALD HOUSE PURPOSE: FOR ASSISTANCE TO REDUCE THE BURDEN OF CHILDHOOD ILLNESS ON CHILDREN AND THEIR FAMILIES | $1,000 |
Norton, MA PURPOSE: FOR ASSISTANCE WITH SCHOLARSHIPS FOR COLLEGE STUDENTS | $1,000 |
Tulsa, OK PURPOSE: PROVIDES SUPPORT TO TERMINALLY ILL THROUGH HOSPICE CARE | $1,000 |
KANSAS GOLF FOUNDATION PURPOSE: FOR ASSITANCE WITH PROMOTING THE FUTURE AND PRESERVE THE HISTORY OF GOLF IN KANSAS | $1,000 |
AMERICAN CANCER SOCIETY HEARTLAND DIVISION INC PURPOSE: FOR ASSISTANCE WITH CANCER RESEARCH | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Robert M Beren Foundation Inc Wichita, KS | $0 | $13,792,730 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Hermann Family Foundation St Louis, MO | $60,142,710 | $16,411,582 |
A W Baldwin Charitable Foundation Inc Leawood, KS | $13,708,852 | $4,775,692 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
Ibew-124 Vacation And Holiday Trust Fund Kansas City, MO | $7,490,902 | $8,580,106 |
William T Kemper Foundation Commerce Bank Of Kansas City N A T Kansas City, MO | $279,723,609 | $35,092,303 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |
Henry A Davis Foundation Omaha, NE | $67,081,811 | $59,214,203 |