Nonprofit · EIN 46-1834414
WATTS FAMILY FOUNDATION
Tax-exempt · CHARLESTON, SC 29412
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $609,007 | $289,341 | $319,666 | $3,903,316 | $0 | $3,903,316 |
| September 30, 2024 | 990-PF | $150,898 | $300,986 | -$150,088 | $3,662,284 | $0 | $3,662,284 |
| September 30, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAUDIUS E WATTS IV 947 WHITE POINT CT, CHARLESTON, SC 29412 | PRESIDENT | 2 | $0 |
| MELESA E WATTS 947 WHITE POINT CT, CHARLESTON, SC 29412 | VICE PRESIDENT | 1 | $0 |
990-PF for the year ended September 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAUDIUS E WATTS IV 947 WHITE POINT CT, CHARLESTON, SC 29412 | PRESIDENT | 2 | $0 |
| MELESA E WATTS 947 WHITE POINT CT, CHARLESTON, SC 29412 | VICE PRESIDENT | 1 | $0 |
990-PF for the year ended September 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAUDIUS E WATTS IV 947 WHITE POINT CT, CHARLESTON, SC 29412 | PRESIDENT | 2 | $0 |
| MELESA E WATTS 947 WHITE POINT CT, CHARLESTON, SC 29412 | VICE PRESIDENT | 1 | $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,903,316
- Income (IRS master file)
- $1,444,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $609,007 | $289,341 | $3,903,316 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990-PF | September 2024 | $150,898 | $300,986 | $3,662,284 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990-PF | September 2023 | $142,488 | $285,894 | $4,088,229 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 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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