Community Foundation

WATERTOWN COMMUNITY FOUNDATION INC

WATERTOWN COMMUNITY FOUNDATION INC is a nonprofit organization categorized as Community Foundation based in WATERTOWN, MA. Its most recent IRS filing (2024) reports revenue of $520K, expenses of $558K, total assets of $2.3M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $227K.

EIN: 300229398 WATERTOWN, MA Latest filing: 2024
Total Revenue$520K
Total Expenses$558K
Total Assets$2.3M
Grant Records15
Funding Total$227K
Filing Years2019–2024

Mission

THE FOUNDATION COMMENCED OPERATIONS ON DECEMBER 29, 2003. THE FOUNDATION HAS BEEN ORGANIZED TO SUPPORT EDUCATIONAL AND OTHER NON-PROFIT ORGANIZATIONS IN THE TOWN OF WATERTOWN.

Sample Grants Received

2024
For grant recipient's exempt purposes
$21,325
$6,798
2023
For grant recipient's exempt purposes
$33,075
$8,014
2022
For grant recipient's exempt purposes
$20,740

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

DIRECTOR Albrik Avanessian
TREASURER Anthony Paolillo
EXECUTIVE DIRECTOR Athelia Tilson
DIRECTOR David Siegel
FORMER DIRECTOR Donna Tuccinardi
DIRECTOR Eileen Hsu-Balzer

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$179,390 9 grants
GENERAL SUPPORT
$22,647 3 grants
Watertown Helps Out Day
$13,400 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$6,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$5,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $520K $558K $2.3M
2023 $1.2M $1.3M $2.5M
2022 $683K $868K $2.2M
2020 $388K $312K $2.6M
2019 $221K $203K $2.2M

Between 2019 and 2024, reported annual revenue grew from $221K to $520K (+136%), with total assets most recently reported at $2.3M.

Interactive year-over-year charts and full filing details available with membership.

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