Watterson Foundation

Charlottesvle, VA
Tax-exempt since April 1961
EIN: 34-6520026

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,133,640

Expenses

$1,480,847

Net Income

-$347,207

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$144	0.0%
Dividends	$10,131	0.9%
Sales of Assets	$1,123,365	99.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,470,000	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$0
Total Liabilities	$0
Net Assets	$0

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on May 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$130,879

Expenses

$130,266

Net Income

$613

Net Assets

$400,699

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$38,249	29.2%
Sales of Assets	$92,630	70.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$130,250	100.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$400,699
Total Liabilities	$0
Net Assets	$400,699

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on May 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$49,257

Expenses

$54,641

Net Income

-$5,384

Net Assets

$400,086

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$36,049	73.2%
Sales of Assets	$13,208	26.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,100	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$400,086
Total Liabilities	$0
Net Assets	$400,086

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on Jan. 29, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$49,728

Expenses

$52,845

Net Income

-$3,117

Net Assets

$405,280

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$33,404	67.2%
Sales of Assets	$16,324	32.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$51,350	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$405,280
Total Liabilities	$0
Net Assets	$405,280

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$45,966

Expenses

$51,811

Net Income

-$5,845

Net Assets

$408,264

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$34,648	75.4%
Sales of Assets	$11,318	24.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,123	96.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$408,265
Total Liabilities	$1
Net Assets	$408,264

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on May 7, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2019

Revenue

$41,164

Expenses

$50,996

Net Income

-$9,832

Net Assets

$412,109

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$33,651	81.7%
Sales of Assets	$7,513	18.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$49,050	96.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$412,110
Total Liabilities	$1
Net Assets	$412,109

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0
Yvonne Watterson (Board Member)	$0	$0

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990-PF

Filed on Feb. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$46,413

Expenses

$54,124

Net Income

-$7,711

Net Assets

$421,943

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$32,846	70.8%
Sales of Assets	$13,567	29.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,350	98.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$421,943
Total Liabilities	$0
Net Assets	$421,943

Compensation

Key Employees and Officers	Compensation	Other
Martha S Watterson (Secretary)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (President)	$0	$0
Wayt Timberlake (Treasurer)	$0	$0

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990-PF

Filed on April 30, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$33,469

Expenses

$59,009

Net Income

-$25,540

Net Assets

$406,283

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$33,264	99.4%
Sales of Assets	$205	0.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$57,300	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$406,283
Total Liabilities	$0
Net Assets	$406,283

Compensation

Key Employees and Officers	Compensation	Other
Wayt T Watterson (President)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (Sec/Treas)	$0	$0

990-PF

Filed on April 7, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$34,351

Expenses

$52,923

Net Income

-$18,572

Net Assets

$431,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$33,372	97.2%
Sales of Assets	$979	2.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$49,950	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$431,853
Total Liabilities	$0
Net Assets	$431,853

Compensation

Key Employees and Officers	Compensation	Other
Wayt T Watterson (President)	$0	$0
John S Watterson Iii (Vice President)	$0	$0
Stuart G Watterson (Sec/Treas)	$0	$0

990-PF

Filed on April 12, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$37,976

Expenses

$54,544

Net Income

-$16,568

Net Assets

$452,643

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$34,893	91.9%
Sales of Assets	$2,333	6.1%
Other Income	$750	2.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$54,375	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$452,643
Total Liabilities	$0
Net Assets	$452,643

Compensation

Key Employees and Officers	Compensation	Other
Wayt T Watterson (President/Director)	$0	$0
John S Watterson Iii (Vice President/Director)	$0	$0
Stuart G Watterson (Sec/Treas/Director)	$0	$0

990-PF

Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$30,377

Expenses

$62,796

Net Income

-$32,419

Net Assets

$469,211

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$29,414	96.8%
Sales of Assets	$963	3.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$59,925	95.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$469,211
Total Liabilities	$0
Net Assets	$469,211

Compensation

Key Employees and Officers	Compensation	Other
Wayt T Watterson (President/Director)	$0	$0
John S Watterson Iii (Vice President/Director)	$0	$0
Stuart G Watterson (Sec/Treas/Director)	$0	$0

990-PF

Filed on March 24, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$175,710

Expenses

$53,055

Net Income

$122,655

Net Assets

$501,630

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$28,511	16.2%
Sales of Assets	$144,625	82.3%
Other Income	$2,574	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,865	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$501,630
Total Liabilities	$0
Net Assets	$501,630

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$46,234

Expenses

$44,810

Net Income

$1,424

Net Assets

$378,975

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$25,497	55.1%
Sales of Assets	$17,084	37.0%
Other Income	$3,653	7.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,150	96.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$378,975
Total Liabilities	$0
Net Assets	$378,975

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$41,977

Expenses

$50,769

Net Income

-$8,792

Net Assets

$377,551

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$22,120	52.7%
Sales of Assets	$26,817	63.9%
Other Income	-$6,960

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,450	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$377,551
Total Liabilities	$0
Net Assets	$377,551

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Updated April 20, 2026

Watterson Foundation

Organization summary

Organization summary might be incomplete or out of date

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001