Harvey & Mae Watt Family Foundation Inc
- Assets
- $134.2k
- Revenue
- $61.9k
- Investments
- $128.4k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 58-2231822
Organization Overview
Harvey & Mae Watt Family Foundation Inc is located in Atlanta, GA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Harvey & Mae Watt Family Foundation Inc 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, Harvey & Mae Watt Family Foundation Inc generated $61.9k in total revenue. All expenses for the organization totaled $64.4k during the year ending 12/2021.
Since 2016, Harvey & Mae Watt Family Foundation Inc has awarded 20 individual grants totaling $145,185. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen W Alston President/secretary/treasu | 0.8 | $0 | |
Robin H Alston Vice President/director | 0.8 | $0 | |
Mary Katherine Watt Tinsley Vice President/director | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,915 |
| Capital Gain Net Income | $61,915 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,917 |
| 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 | $3,392 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $64,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,808 |
| 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 | $134,217 |
| 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, Harvey & Mae Watt Family Foundation Inc has awarded $61,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SEMINOLE BOOSTERS INC PURPOSE: ATHLETICS SUPPORT | $23,000 |
Memphis, TN PURPOSE: EDUCATIONAL SUPPORT | $18,000 |
Atlanta, GA PURPOSE: EDUCATIONAL SUPPORT, SCHOLARSHIPS | $5,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: ATHLETICS SUPPORT | $5,000 |
Atlanta, GA PURPOSE: ATHLETICS SUPPORT | $5,000 |
Atlanta, GA PURPOSE: SPECIALIZED SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Chapters Health Foundation Inc Temple Terrace, FL | $14,703,109 | $7,254,901 |
Consortium Of Florida Education Foundations Inc Gainesville, FL | $1,204,122 | $5,873,511 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Programa De Ayuda Humanitaria Para Venezuela Weston, FL | $8,434 | $5,060,742 |