Mission
TO PROVIDE FOR THE BETTERMENT OF WATERTOWN, WISCONSIN AND THE SURROUNDING AREA AND PROMOTE THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ITS PEOPLE.
Community Foundation
WATERTOWN AREA COMMUNITY FOUNDATION
Based in WATERTOWN, WI, WATERTOWN AREA COMMUNITY FOUNDATION operates as a Community Foundation. The organization reported $2.5M in revenue, $821K in expenses, $16.0M in total assets for fiscal year 2025. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $2.2M.
EIN: 391708484
WATERTOWN, WI
Community Foundations
NTEE: T31
Latest filing: 2025
Total Revenue$2.5M
Total Expenses$821K
Total Assets$16.0M
Grant Records17
Funding Total$2.2M
Filing Years2021–2025
Where $100 goes at Watertown Area Community Foundation
How Watertown Area Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
Scholarship funding and community projects for the purpose of higher education and community improvement
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
$300,000
PUBLIC, SOCIETAL BENEFIT
$50,000
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
$550,000
HEALTH
$100,000
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
$515,000
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
DIRECTOR
Amy Buchholtz
VICE PRESIDENT
Bill Oswald
DIRECTOR
Deb Fischer
DIRECTOR
Kevin Clifford
TREASURER
Mike Hoppenrath
DIRECTOR
Sandra Budewitz
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.5M | $821K | $16.0M |
| 2024 | $4.1M | $727K | $17.4M |
| 2023 | $1.9M | $569K | $13.8M |
| 2022 | $2.1M | $887K | $12.5M |
| 2021 | $3.5M | $2.5M | $13.2M |
Between 2021 and 2025, reported annual revenue declined from $3.5M to $2.5M (-28%), with total assets most recently reported at $16.0M.
Interactive year-over-year charts and full filing details available with membership.