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Filing year 2024

WALTER E & CAROLINE H WATSON TRUST

Pittsburgh, Pennsylvania·EIN 34-6547726·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$608k
Total assets
$7.6M
Total expenses
$430k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania.

Trustee
Board Member
Above 90th percentile
$51k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WALTER E & CAROLINE H WATSON TRUST equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$354k

Itemized grants

28

Median grant

$10k

RecipientLocationPurposeAmount
COMMUNITY CORPORATION UNITED WAY CAMPAIGNYOUNGSTOWN, OHSUCCESS BY & AFTER 6 &$40k
MERCY HEALTH FDNYOUNGSTOWN, OHGENERAL SUPPORT$32k
AKRON CHILDREN'S HOSPITALAKRON, OHGENERAL PURPOSE$32k
SALVATION ARMYYoungstown, OHEMERGENCY SOCIAL SERVICES$26k
YOUNGSTOWN AREA JEWISH FEDERATIONYOUNGSTOWN, OHEARLY LEARNING CENTER$25k
YMCA OF YOUNGSTOWNYOUNGSTOWN, OHFINANCIAL ASSISTANCE$15k
AKIVA ACADEMYYOUNGSTOWN, OHWELL-ROUNDED EDUCATION$15k
THE YOUNGSTOWN EDISON INCUBATORYOUNGSTOWN, OHYOUTH ENTREPRENEURSHIP$15k
AMERICAN RED CROSS GREATER AKRONAKRON, OHMAHONING VALLEY HOME FIRE$15k
RESCUE MISSION OF MAHONING VALLEYYOUNGSTOWN, OHCLIENT ASSISTANCE$11k
TRUMBULL AND EASTER SEALSYoungstown, OHAUTISM DIAGNOSTIC CLINIC$10k
OHIO URBAN RENAISSANCEYOUNGSTOWN, OHICAN AFTERSCHOOL PROGRAM$10k
HUMILITY OF MARY HOUSINGCUYAHOGA FALLS, OHSAFETY ENHANCEMENTS ECCC$10k
YOUNGSTOWN AREA GOODWILL INCYOUNGSTOWN, OHCLIENT SUPPORT/VOUCHERS$10k
BUTLER INSTITUTE OF AMERICAN ARTYOUNGSTOWN, OHBOILER REPLACEMENT PROJECT$10k
POTENTIAL DEVELOPMENT PROGRAMYOUNGSTOWN, OHSTRUCTURED TEACHING$10k
HEART REACH NEIGHBORHOODYOUNGSTOWN, OHSUPER KIDS$10k
KOOL BOIZ FOUNDATIONMIDDLETOWN, DEMENTORING PROGRAM$10k
YOUNGSTOWN PLAYHOUSEYOUNGSTOWN, OHYOUTH THEATRE PROGRAM 2025$8k
ALL CHILDREN LEARN DIFFERENTLYYOUNGSTOWN, OHAFTERSCHOOL INTERVENTION$8k
SMARTS Students Motivated by the ArtsYOUNGSTOWN, OHARTS EDUCATION UNDERSERVED$8k
NATIONAL SOCIETY TO PREVENT BLINDNESSCHICAGO, ILMAHONING VALLEY OUTREACH$5k
GIRL SCOUTS OF NORTH EASTYOUNGSTOWN, OHJOURNEYS IN YOUNGSTOWN$5k
MAKE A WISH FOUNDATION OF GREATER OHIOINDEPEDENDCE, OHWISHES MAHONING/TRUMBULL$5k
JUNIOR ACHIEVEMENT OF MAHONING VALLEY OHIOGIRARD, OHJA K-12 PROGRAMS$5k
Compare this foundation's grantees

Up 11%
from 2023

From $46k in 2023 to $51k in 2024.

$46k
2023
$51k
2024
In today's dollarsEst.
Up 8% in real terms$51k to $55k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 11% from 2023 to 2024, while revenue fell 21%.

$46k in 2023 to $51k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WALTER E & CAROLINE H WATSON TRUST

What does the Board Member of WALTER E & CAROLINE H WATSON TRUST earn?

In 2024, the Board Member of WALTER E & CAROLINE H WATSON TRUST received $50,936 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at WALTER E & CAROLINE H WATSON TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, the 2024 pay of the Board Member at WALTER E & CAROLINE H WATSON TRUST falls in the top 10%. In 2024, the highest total compensation at WALTER E & CAROLINE H WATSON TRUST equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WALTER E & CAROLINE H WATSON TRUST's revenue and expenses?

In 2024, WALTER E & CAROLINE H WATSON TRUST reported $608k in total revenue and $430k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.