Nonprofit · EIN 06-6064660
WATERTOWN FOUNDATION INC
Tax-exempt · WATERTOWN, CT 06795
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $427,490 | $292,824 | $134,666 | $5,958,635 | $0 | $5,958,635 |
| August 31, 2024 | 990 | $817,844 | $230,222 | $587,622 | $5,579,129 | $0 | $5,579,129 |
| August 31, 2023 | 990 | $474,165 | $218,576 | $255,589 | $4,464,142 | $0 | $4,464,142 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $148,997
- Membership dues
- $1,100
- Program service revenue
- $0
- Investment income
- $278,493
- Net gain from sales of assets
- $131,172
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $220,200
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $292,824
Balance sheet and other
- Total assets, start of year
- $5,579,129
- Total assets, end of year
- $5,958,635
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,958,635
- Publicly traded securities
- $5,885,257
- Net assets without donor restrictions
- $4,548,730
- Net assets with donor restrictions
- $1,409,905
- Gross receipts
- $1,659,218
- Employees
- 0
- Year formed
- 1925
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA KILLEEN | PRESIDENT Trustee or director, Officer | – | $0 |
| TED HEAVENRICH | VICE PRESIDE Trustee or director, Officer | – | $0 |
| PAULA LABONTE | SECRETARY Trustee or director, Officer | – | $0 |
| PAUL JESSELL | TREASURER Trustee or director, Officer | – | $0 |
| MARGARET LONG MCKEE | TRUSTEE Trustee or director | – | $0 |
| LINDA MERRIMAN | TRUSTEE Trustee or director | – | $0 |
| MARGRET WARNER | TRUSTEE Trustee or director | – | $0 |
| TINA AGATI | TRUSTEE Trustee or director | – | $0 |
| JOE CALIGIURI | TRUSTEE Trustee or director | – | $0 |
| SUSAN ATKINS | TRUSTEE Trustee or director | – | $0 |
| JUSTIN GOLDEN | TRUSTEE Trustee or director | – | $0 |
| SUSAN SANTOPIETRO | TRUSTEE Trustee or director | – | $0 |
| AMY JULIA BECKER | TRUSTEE Trustee or director | – | $0 |
| DOUGLAS D'ANDREA | TRUSTEE Trustee or director | – | $0 |
| WILLIAM DUNBAR | TRUSTEE Trustee or director | – | $0 |
990 for the year ended August 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA KILLEEN | PRESIDENT Trustee or director, Officer | – | $0 |
| TED HEAVENRICH | VICE PRESIDE Trustee or director, Officer | – | $0 |
| PAULA LABONTE | SECRETARY Trustee or director, Officer | – | $0 |
| PAUL JESSELL | TREASURER Trustee or director, Officer | – | $0 |
| TINA AGATI | TRUSTEE Trustee or director | – | $0 |
| JUSTIN GOLDEN | TRUSTEE Trustee or director | – | $0 |
| WILLIAM DUNBAR | TRUSTEE Trustee or director | – | $0 |
| WILLIAM PALOMBA | TRUSTEE Trustee or director | – | $0 |
| MARGARET LONG MCKEE | TRUSTEE Trustee or director | – | $0 |
| LINDA MERRIMAN | TRUSTEE Trustee or director | – | $0 |
| JOE CALIGIURI | TRUSTEE Trustee or director | – | $0 |
| SUSAN ATKINS | TRUSTEE Trustee or director | – | $0 |
| DOUGLAS D'ANDREA | TRUSTEE Trustee or director | – | $0 |
| MARGRET WARNER | TRUSTEE Trustee or director | – | $0 |
| SUSAN SANTOPIETRO | TRUSTEE Trustee or director | – | $0 |
990 for the year ended August 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TINA AGATI | PRESIDENT Trustee or director, Officer | – | $0 |
| MARCIA KILLEEN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| PAULA LABONTE | SECRETARY Trustee or director, Officer | – | $0 |
| PAUL JESSELL | TREASURER Trustee or director, Officer | – | $0 |
| JACQUELINE CASSIDY | TRUSTEE Trustee or director | – | $0 |
| JUSTIN GOLDEN | TRUSTEE Trustee or director | – | $0 |
| TED HEAVENRICH | TRUSTEE Trustee or director | – | $0 |
| ROBERT CAMPBELL | TRUSTEE Trustee or director | – | $0 |
| WILLIAM DUNBAR | TRUSTEE Trustee or director | – | $0 |
| WILLIAM PALOMBA | TRUSTEE Trustee or director | – | $0 |
| BRIAN FLAHERTY | TRUSTEE Trustee or director | – | $0 |
| MARGARET LONG MCKEE | TRUSTEE Trustee or director | – | $0 |
| LINDA MERRIMAN | TRUSTEE Trustee or director | – | $0 |
| JOE CALIGIURI | TRUSTEE Trustee or director | – | $0 |
| SUSAN ATKINS | TRUSTEE Trustee or director | – | $0 |
| PAULA LABONTE | TRUSTEE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 117, WATERTOWN, CT 06795-0117
- Principal officer (990 for 2024)
- PAUL JESSELL, PO BOX 117, WATERTOWN, CT 06795
- Signed the 990
- PAUL JESSELL, TREASURER
- Phone
- (860) 274-2511
- Website
- WATERTOWNFOUNDATION.COM
- Return prepared by
- PAMELA M LEACH
Mission
TO PROVIDE COMMUNITY SUPPORT GRANTS TO LOCAL EXEMPT ORGANIZATIONS FOR CAPITAL ITEMS AND INDIVIDUAL SCHOLARSHIPS TO LOCAL STUDENTS FOR HIGHER EDUCATION EXPENSES.
Program accomplishments
- TO PROVIDE COMMUNITY GRANTS TO LOCAL NON PROFIT ORGANIZATIONS AND SCHOLARSHIPS TO LOCAL STUDENTS.Expenses $292,824 · grants $220,200 · revenue $427,490
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 06-6064660
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1944
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $5,958,635
- Income (IRS master file)
- $1,659,218
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $427,490 | $292,824 | $5,958,635 | XML |
| 990 | August 2024 | $817,844 | $230,222 | $5,579,129 | XML |
| 990 | August 2023 | $474,165 | $218,576 | $4,464,142 | XML |
| 990 | August 2022 | $411,693 | $206,282 | $4,138,902 | IRS |
| 990 | August 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6064660).
Questions about WATERTOWN FOUNDATION INC
- What is the EIN of WATERTOWN FOUNDATION INC?
- The employer identification number (EIN) of WATERTOWN FOUNDATION INC is 06-6064660.
- Is WATERTOWN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
- Are donations to WATERTOWN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERTOWN FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERTOWN FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERTOWN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of WATERTOWN FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names PAUL JESSELL.
- Who are the officers and directors of WATERTOWN FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does WATERTOWN FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $427,490, expenses of $292,824 and total assets of $5,958,635 at year end.
Other nonprofits in WATERTOWN
- MACAULEY FOUNDATION INC EIN 06-1439255 · last filed 990-PF for 2025
- JOE GARASSINO FOUNDATION INC EIN 46-2601479 · last filed 990 for 2024
- BRIDGE TO CURE INC EIN 83-2168679 · last filed 990-EZ for 2025
- PINK CHAIR PROJECT INC EIN 83-1732190 · last filed 990-EZ for 2025
- WATERTOWN LIONS FOUNDATION INC EIN 06-1418741 · last filed 990-EZ for 2025
- WATERTOWN POLICE DEPARTMENT EIN 47-2859159 · last filed 990-EZ for 2025
- GUARDIAN GIVING ALLIANCE INC EIN 33-1793342 · last filed 990-N for 2024
- TAFT SCHOOL CORPORATION EIN 06-0646921 · last filed 990 for 2025
All nonprofits in WATERTOWN · Connecticut · Philanthropy, voluntarism and grantmaking foundations