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.
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 17 reported grant relationships connected to this organization totaling approximately $234K.
EIN: 300229398
WATERTOWN, MA
Community Foundations
NTEE: T31
Latest filing: 2024
Total Revenue$520K
Total Expenses$558K
Total Assets$2.3M
Grant Records17
Funding Total$234K
Filing Years2019–2024
Where $100 goes at Watertown Community Foundation Inc
How Watertown Community Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$80
Programs
the work itself
$15
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $80 for programs
$80
The foundation commenced operations on december 29, 2003
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$21,325
GENERAL SUPPORT
$6,798
GENERAL SUPPORT
$6,798
For grant recipient's exempt purposes
$33,075
GENERAL SUPPORT
$8,014
Showing up to 5 of 17 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
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.