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  4. Watermark Auto Group Foundation
EIN 81-4320609

Watermark Auto Group Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Watermark Auto Group Foundation is a private foundation based in Wilmington, DE that primarily funds charitable events and projects such as trophy cases fund, purchasing a new Toyota truck/rig for well-digging purposes, the learning resource center project outdoor study area plant. Its purpose is to support economic development and revitalization of communities through ethos, a small bus incubator & community development center. The foundation made seven grants last year to grantees including Marion Medical Mission and others.
Total revenues
$703,418
2023
Total expenses
$175,373
2023
Total assets
$2,731,880
2023
Num. employees
0
2023

Program areas at Watermark Auto Group Foundation

Ethos is a small bus incubator &community development center set up to provide economic development & revitalization of economically depressed & blighted marion bus area
Podcast - small town big business highlights bus development in furtherance of public interest small-town mid-america by capturing diverse perspectives on entrepreneurial startups
Ethos (entrepreneurial and technical opportunities) is a small business incubator and community development center set up to provide economic development and revitalization of the economically depressed and blighted marion business area in furtherance of the greater public interest of revitalizing the area and in order to lessen the burdens of government.

Grants made by Watermark Auto Group Foundation

GranteeGrant descriptionAmount
Market Street Music ConservatoryPiano Lab Fund$20,000
Rend Lake College FoundationThe Learning Resource Center Project Outdoor Study Area Planter$6,000
Unit 2 Public Schools FoundationCharitable Event$3,000
...and 2 more grants made

Personnel at Watermark Auto Group Foundation

NameTitleCompensation
Michael AbsherPresident$0

Financials for Watermark Auto Group Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$632,612
Investment income and dividends$7,008
Net rental income$15,806
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$33,798
Total revenues$703,418

Form 990s for Watermark Auto Group Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990PFView PDF
2022-122023-11-12990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-09990PFView PDF
...and 3 more Form 990s

Organizations like Watermark Auto Group Foundation

OrganizationLocationRevenue
Worah Family FoundationWilmington, DE$749,862
George and Magnolia Sealy FoundationHouston, TX$903,426
Nashua Historical SocietyNashua, NH$294,947
Lewisburg Foundation IncorporatedLewisburg, WV$416,202
Giveaseed FoundationLisle, IL$530,222
The Owen FoundationBloomington, IL$336,694
Bodner Family FoundationMonsey, NY$421,617
William E Schmidt FoundationEvansville, IN$2,242,063
Robert Rock Belliveau and Rita Deanin Abbey FoundationLas Vegas, NV$443,984
American Airpower MuseumNew York, NY$446,759
Data update history
January 3, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
MembershipsProvides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
Foundation Source 501 Silverside Rd
Wilmington, DE 19809
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Phone
(800) 839-1754
IRS details
EIN
81-4320609
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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