EIN 56-1861816

Donald R Watson Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1994
Most recent tax filings
2023-06-01
Description
To donate funds to charitable, educational, literary, religious, and scientific organizations, provided all recipient organizations are tax exempt organizations and eligible to receive charitable donations.
Also known as...
Unc-Wilmington
Total revenues
$52,410
2023
Total expenses
$93,848
2023
Total assets
$1,440,739
2023
Num. employees
0
2023

Program areas at Donald R Watson Foundation

To donate funds to charitable, educational, literary, religious, and scientific organizations, provided all recipient organizations are exempt organizations and eligible to receive charitable donations under sections 501(c)(3) and 170(c)(1) or (2) of the code, or the provisions of any future irs regulations. The Foundation provided $61,868 in scholarships for students to attend the university of north carolina at wilmington and $15,466 in support to other non-profit organizations: duke university for medical research and st. john's episcopal church.

Grants made by Donald R Watson Foundation

GranteeGrant descriptionAmount
Duke UniversityMedical Research$7,733

Who funds Donald R Watson Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
State Employees Credit Union FoundationInternship$59,436
The Oaklawn FoundationMulti Year Pledge Scholarship Fund and Gpac Year 4 of 5$40,000
The Edward M Armfield SR FoundationScholarship$20,500
...and 19 more grants received totalling $198,238

Personnel at Donald R Watson Foundation

NameTitleCompensation
Jose SartarelliPast President$0
Eddie StuartDirector$0
Bill AnlyanSecretary$0
Aswani VoletyPresident$0
Robert WarwickTreasurer$0
...and 2 more key personnel

Financials for Donald R Watson Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$59,712
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,302
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$52,410

Form 990s for Donald R Watson Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-09990View PDF
2022-062023-01-12990View PDF
2021-062021-11-15990View PDF
2020-062021-04-05990View PDF
2019-062020-01-10990View PDF
...and 9 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 11 new grant, including a grant for $59,436 from State Employees Credit Union Foundation
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $3,000 from Elizabeth City Foundation Committee
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 21, 2024
Updated personnel
Identified 1 new personnel
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $20,500 from The Edward M Armfield SR Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsEndowed supportTax deductible donationsNo full-time employees
General information
Address
601 S College Rd
Wilmington, NC 28403
Metro area
Wilmington, NC
County
New Hanover County, NC
Phone
(910) 962-2515
IRS details
EIN
56-1861816
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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