Watt Brothers Scholars Tr

Organization Overview

Watt Brothers Scholars Tr is located in Tillamook, OR. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watt Brothers Scholars Tr 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 12/2023, Watt Brothers Scholars Tr generated $15.9k 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 (22.8%) each year. All expenses for the organization totaled $105.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Watt Brothers Scholars Tr has awarded 318 individual grants totaling $851,659. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION GRANTS TO STUDENTS WHO GRADUATE FROM TILLAMOOK COUNTY HIGH SCHOOLS. 32 STUDENTS WERE AWARDED TUITION ASSISTANCE OR GRANTS IN THE 2023 YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Judith Wustenberg
Director
$0
Mark Wustenberg
Chairman
$0
Prudence Denny
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,005
Dividends & Interest $30,040
Net Rental Income$0
Net Gain on Sale of Assets -$15,164
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $15,881

Grants Awarded

Over the last fiscal year, Watt Brothers Scholars Tr has awarded $95,335 in support to 32 organizations.

Grant RecipientAmount

CARTER AFFOLTER

PURPOSE: TUITION GRANT

$4,000

COLE BROWN

PURPOSE: TUITION GRANT

$2,667

QUINCY BRAVO

PURPOSE: TUITION GRANT

$2,667

JOCELYN MORENO-GUITERREZ

PURPOSE: TUITION GRANT

$666

JOHN STANFIELD

PURPOSE: TUITION GRANT

$2,667

MARIANA COTA

PURPOSE: TUITION GRANT

$4,000
View Grant Profile

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The Rogers Foundation
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$749,245
Uc Hastings Foundation
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Scholar Fund
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$6,361,050
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$6,015,224
Orange Coast College Foundation
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Point Foundation
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$10,563,939

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