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Nonprofit · EIN 46-1834414

WATTS FAMILY FOUNDATION

Tax-exempt · CHARLESTON, SC 29412

Financials

$142K$286K2022$151K$301K2023$609K$289K2024
Revenue Expenses · by fiscal year end
Financials of WATTS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$609,007$289,341$319,666$3,903,316$0$3,903,316
September 30, 2024990-PF$150,898$300,986-$150,088$3,662,284$0$3,662,284
September 30, 2023990-PF$142,488$285,894-$143,406$4,088,229$0$4,088,229
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$65,840
Interest
$35,933
Net gain from sales of assets
$507,234

Expenses

Grants and similar amounts paid
$215,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$219,364
Excise tax on investment income
$7,538

Balance sheet and other

Total assets, start of year
$3,662,284
Total assets, end of year
$3,903,316
Total liabilities, end of year
$0
Net assets, end of year
$3,903,316
Fair market value of assets
$4,926,350
Qualifying distributions
$219,364
Net investment income
$609,007

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-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CLAUDIUS E WATTS IV
947 WHITE POINT CT, CHARLESTON, SC 29412
PRESIDENT2$0
MELESA E WATTS
947 WHITE POINT CT, CHARLESTON, SC 29412
VICE PRESIDENT1$0
990-PF for the year ended September 30, 2024: 2 people
NameTitleHours / weekCompensation
CLAUDIUS E WATTS IV
947 WHITE POINT CT, CHARLESTON, SC 29412
PRESIDENT2$0
MELESA E WATTS
947 WHITE POINT CT, CHARLESTON, SC 29412
VICE PRESIDENT1$0
990-PF for the year ended September 30, 2023: 2 people
NameTitleHours / weekCompensation
CLAUDIUS E WATTS IV
947 WHITE POINT CT, CHARLESTON, SC 29412
PRESIDENT2$0
MELESA E WATTS
947 WHITE POINT CT, CHARLESTON, SC 29412
VICE PRESIDENT1$0

Address and contacts

Address (IRS master file)
947 WHITE POINT CT, CHARLESTON, SC 29412-4328
Signed the 990-PF
CLAUDIUS E WATTS IV, PRESIDENT
Phone
(704) 560-1819
Return prepared by
GREERWALKER LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
46-1834414
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$3,903,316
Income (IRS master file)
$1,444,678

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$609,007$289,341$3,903,316XML
990-TSeptember 2025–––IRS
990-PFSeptember 2024$150,898$300,986$3,662,284XML
990-TSeptember 2024–––IRS
990-PFSeptember 2023$142,488$285,894$4,088,229XML
990-TSeptember 2023–––IRS
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2018–––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 46-1834414).

Questions about WATTS FAMILY FOUNDATION

What is the EIN of WATTS FAMILY FOUNDATION?
The employer identification number (EIN) of WATTS FAMILY FOUNDATION is 46-1834414.
Is WATTS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to WATTS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WATTS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WATTS FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WATTS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of WATTS FAMILY FOUNDATION?
The 990-PF for the year ended September 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does WATTS FAMILY FOUNDATION have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $609,007, expenses of $289,341 and total assets of $3,903,316 at year end.

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