1. Directory
  2. Iowa
  3. Coralville
  4. Watts Family Foundation
EIN 81-2552110

Watts Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Coralville
State
Iowa
Year formed
2016
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Watts Family Foundation is a private foundation that funds for unrestricted use by recipient. Its purpose is to provide income from passive investment portfolio. Grantees include Arenaco and others. It made six grants last year. The foundation is located in Coralville, IA.
Total revenues
$554,525
2023
Total expenses
$297,983
2023
Total assets
$3,775,856
2023
Num. employees
0
2023

Program areas at Watts Family Foundation

Income from passive investment portfolio
Income from passive investment portfolio

Grants made by Watts Family Foundation

GranteeGrant descriptionAmount
ArenacoFor Unrestricted Use By Recipient$100,000
Deafinitely DogsFor Unrestricted Use By Recipient$20,000
Ronald McDonald House Charities of Eastern Iowa and Western IllinoisFor Unrestricted Use By Recipient$10,000
...and 5 more grants made

Personnel at Watts Family Foundation

NameTitleCompensation
Gary WattsDirector$0

Financials for Watts Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$249,340
Investment income and dividends$25,147
Net rental income$90,006
Net gain from sale of non-inventory assets$90,944
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$554,525

Form 990s for Watts Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-05990PFView PDF
2022-122023-11-06990PFView PDF
2021-122022-10-06990PFView PDF
2020-122021-09-10990PFView PDF
2019-122021-02-25990PFView PDF
...and 3 more Form 990s
Data update history
January 10, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
February 3, 2023
Posted financials
Added Form 990PF for fiscal year 2017
August 4, 2022
Posted financials
Added Form 990PF for fiscal year 2020
July 22, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
425 E Oakdale Blvd
Coralville, IA 52241
Metro area
Iowa City, IA
County
Johnson County, IA
Phone
(319) 338-4100
IRS details
EIN
81-2552110
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
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
Free account sign-up

Want updates when Watts Family Foundation has new information, or want to find more organizations like Watts Family Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy