Watson Family Foundation
- Assets
- $173.8k
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 84-1601728
Organization Overview
Watson Family Foundation is located in Aurora, CO. The organization was established in 2001. 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 $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $20.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary L Watson President | 0.5 | $0 | |
Alfred S Watson Secretary | 0 | $0 | |
Elizabeth L Lacy Vice Preside | 0 | $0 | |
Mary L Watson Treasurer | 0 | $0 | |
Heather A Lister Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,439 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,302 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,106 |
| Total operating and administrative expenses | $2,287 |
| Contributions, gifts, grants paid | $18,410 |
| Total expenses and disbursements | $20,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,825 |
| 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 | $173,825 |
| 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 $18,410 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO GOLF FOUNDATION PURPOSE: CHAR.GIFT-COMMUNITY ASSISTANCE | $350 |
HILLTOP LATIMER HOUSE PURPOSE: CHAR GIFT--DOMESTIC VIOLENCE ASSIST. | $500 |
ILLUMINATE COMMRECOVERY SERVICES PURPOSE: CHAR.GIFT-ADDICTION ASSISTANCE | $10,000 |
PARALYZED VETERANS OF AM PURPOSE: CHAR.GIFT--ASSISTANCE TO VETS | $250 |
SUDDENLY PINK FOUNDATION PURPOSE: CHAR. GIFT--BREAST CANCER | $2,100 |
TEE IT UP FOR THE TROOPS PURPOSE: CHAR. GIFT--VETERAN ASSISTANCE | $2,710 |