Nonprofit · EIN 83-1704737
WATTERSON FAMILY FOUNDATION
Tax-exempt · BLUFFTON, SC 29910
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $102,399 | $124,858 | -$22,459 | $338,158 | $146 | $338,012 |
| December 31, 2023 | 990-PF | $54,835 | $128,694 | -$73,859 | $400,792 | $55,108 | $345,684 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $70,000
- Dividends
- $10,202
- Net gain from sales of assets
- $22,197
Expenses
- Grants and similar amounts paid
- $97,880
- Disbursements for charitable purposes
- $124,531
- Excise tax on investment income
- $448
Balance sheet and other
- Total assets, start of year
- $400,792
- Total assets, end of year
- $338,158
- Total liabilities, end of year
- $146
- Net assets, end of year
- $338,012
- Fair market value of assets
- $338,158
- Qualifying distributions
- $124,531
- Net investment income
- $32,399
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WATTERSON BILLY J 52 BAYNARD PARK ROAD, HILTON HEAD ISLAND, SC 29928 | TRUSTEE | 5 | $0 |
| WATTERSON BRENDA S 52 BAYNARD PARK ROAD, HILTON HEAD ISLAND, SC 29928 | TRUSTEE | 5 | $0 |
| BAXTER JEFF 2 BAY COURT, ISLE OF PALMS, SC 29451 | TRUSTEE | 1 | $0 |
| HARDEN GARY 2200 COUNTY RD E, SWANTON, OH 43558 | TRUSTEE | 2 | $0 |
| KACZMAREK RYAN 1495 WESTBURY DR, HOFFMAN ESTATES, IL 60192 | TRUSTEE | 1 | $0 |
| LATTA MARCIA SLOAN 516 HILLCREST DRIVE, BOWLING GREEN, OH 43402 | TRUSTEE | 1 | $0 |
| MARTIN CYNTHIA 2000 PENNSYLVANIA AVE - APT 607, WILMINGTON, DE 19806 | MANAGER | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WATTERSON BILLY J 52 BAYNARD PARK ROAD, HILTON HEAD ISLAND, SC 29928 | TRUSTEE | 5 | $0 |
| WATTERSON BRENDA S 52 BAYNARD PARK ROAD, HILTON HEAD ISLAND, SC 29928 | TRUSTEE | 5 | $0 |
| BAXTER JEFF 2 BAY COURT, ISLE OF PALMS, SC 29451 | TRUSTEE | 1 | $0 |
| HARDEN GARY 2200 COUNTY RD E, SWANTON, OH 43558 | TRUSTEE | 2 | $0 |
| KACZMAREK RYAN 1495 WESTBURY DR, HOFFMAN ESTATES, IL 60192 | TRUSTEE | 1 | $0 |
| LATTA MARCIA SLOAN 516 HILLCREST DRIVE, BOWLING GREEN, OH 43402 | TRUSTEE | 1 | $0 |
| MARTIN CYNTHIA 2000 PENNSYLVANIA AVE - APT 607, WILMINGTON, DE 19806 | MANAGER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 10 BUCK ISLAND RD UNIT 101, BLUFFTON, SC 29910-8990
- In care of
- % DAVID W CARTER
- Signed the 990-PF
- WATTERSON BILLY J, TRUSTEE
- Phone
- (843) 757-2957
- Return prepared by
- MOSLEY GLICK O'BRIEN INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-1704737
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P12)
- Assets (IRS master file)
- $338,158
- Income (IRS master file)
- $172,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $102,399 | $124,858 | $338,158 | XML |
| 990-PF | December 2023 | $54,835 | $128,694 | $400,792 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 83-1704737).
Questions about WATTERSON FAMILY FOUNDATION
- What is the EIN of WATTERSON FAMILY FOUNDATION?
- The employer identification number (EIN) of WATTERSON FAMILY FOUNDATION is 83-1704737.
- Is WATTERSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to WATTERSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WATTERSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WATTERSON FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATTERSON FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WATTERSON FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does WATTERSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $102,399, expenses of $124,858 and total assets of $338,158 at year end.
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All nonprofits in BLUFFTON · South Carolina · Human services