Watson Foundation Inc

Organization Overview

Watson Foundation Inc is located in Oak Ridge, TN. The organization was established in 1959. 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 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 12/2022, Watson Foundation Inc generated $31.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $59.3k during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Watson Foundation Inc has awarded 83 individual grants totaling $479,504. 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)Compensation
Margery G Watson
Secretary
$0
Samuel A Watson
President-Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,000
Interest on Savings $0
Dividends & Interest $28,338
Net Rental Income$0
Net Gain on Sale of Assets $1,362
Capital Gain Net Income $1,362
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $31,700

Grants Awarded

Over the last fiscal year, Watson Foundation Inc has awarded $59,000 in support to 5 organizations.

Grant RecipientAmount

FOOD FOR THE POOR

PURPOSE: ANNUAL BUDGET

$15,000

HEIFER INTERNATIONAL

PURPOSE: ANNUAL BUDGET

$5,000

THE SALVATION ARMY

PURPOSE: ANNUAL BUDGET

$12,000

UNIVERSITY OF TENNESSEE

PURPOSE: SCHOLARSHIPS

$12,000

WORLD VISION

PURPOSE: WHERE NEEDED

$15,000
View Grant Profile

Peer Organizations

Organization NameAssets
Fischer Fam Foundation 2008 Charita Ble Tr
Fort Mitchell, KY
$84,603,295
Joe C Davis Foundation
Nashville, TN
$10,381,384
Carson-Myre Charitable Foundation
Paducah, KY
$4,075,748
R B Terry Charitable Foundation Inc
High Point, NC
$8,417,528
Steward Family Foundation
St Louis, MO
$9,619,434
Benwood Foundation Inc
Chattanooga, TN
$6,715,777
Tyson Foundation Inc
Fayetteville, AR
$2,449,507
The Imlay Foundation Inc
Atlanta, GA
$10,684,564
Jefferson Foundation
Festus, MO
$3,247,827
Winthrop Rockefeller Foundation
Little Rock, AR
$4,343,654
Robins Foundation
Richmond, VA
$8,775,608
Altec-Styslinger Foundation Inc
Birmingham, AL
$13,581,203
Anheuser-Busch Foundation
Clayton, MO
$7,550,380
Daniel Foundation Of Alabama
Birmingham, AL
$3,403,391
Day Foundation
Memphis, TN
$8,500,406
Williamsburg Community Health Foundation Inc
Williamsburg, VA
$19,657,852
Chestnut Family Foundation
Atlanta, GA
-$15,341,006
Robert G Iii And Maude Morgan Cabell Foundation
Richmond, VA
$18,313,139
G Harbaugh Foundation
Franklin, TN
$9,941,799
BBVA Foundation
Birmingham, AL
$7,925,433
Charles A Frueauff Foundation Inc
Little Rock, AR
$3,479,230
Nucor Charitable Foundation
Charlotte, NC
$25,339,824
Philip L Graham Fund
Arlington, VA
$3,353,085
Ayers Foundation
Parsons, TN
$8,450,649
Laughing Gull Foundation
Durham, NC
$3,132,291

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