KENNETH AND JEAN WATSON FUND
Cite this
Plain text KENNETH AND JEAN WATSON FUND. furp.org, nonprofit organization profile, tax years 2013–2024. https://furp.org/org/kenneth-and-jean-watson-fund-455288107. Retrieved 2026-10-22.
APA furp.org. (n.d.). KENNETH AND JEAN WATSON FUND [Nonprofit organization profile; tax years 2013–2024]. Retrieved October 22, 2026, from https://furp.org/org/kenneth-and-jean-watson-fund-455288107
MLA “KENNETH AND JEAN WATSON FUND.” furp.org, tax years 2013–2024, https://furp.org/org/kenneth-and-jean-watson-fund-455288107. Accessed 22 Oct. 2026.
Retrieved 2026-10-22; covers tax years 2013–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990PF · revenue $152K · expenses $35K · assets $1.2M
- EIN
- 45-5288107
- Address
- FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
- NTEE code
- T20
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- January 2013 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 1 person listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
1 person listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 2013-2024 | 1 | $0 reported | 2 |
People by year
2024 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 1 | $0 | - | $0 | $0 | 2 |
2023 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 1 | $0 | - | $0 | $0 | 2 |
2022 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 1 | $0 | - | $0 | $0 | 2 |
2021 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 1 | $0 | - | $0 | $0 | 2 |
2020 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 1 | $0 | - | $0 | $0 | 2 |
2019 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 2 | $0 | - | $0 | $0 | 2 |
2018 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 2 | $0 | - | $0 | $0 | 2 |
2017 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres, Dir, Sec, Treas | 2 | $0 | - | $0 | $0 | 2 |
2016 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres / Dir / Sec / Treas | 2 | $0 | - | $0 | $0 | 2 |
2015 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres / Dir / Sec / Treas | 2 | $0 | - | $0 | $0 | 2 |
2014 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres / Dir / Sec | 2 | $0 | - | - | $0 | 2 |
2013 · 1 person listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| William W Thorsness | Pres / Dir / Sec | 2 | $0 | - | - | $0 | 2 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2021 · 2 grants to organizations · $150K
2020 · 2 grants to organizations · $100K
2019 · 1 grant to organizations · $50K
2018 · 1 grant to organizations · $50K
2017 · 2 grants to organizations · $62K
2016 · 1 grant to organizations · $50K
2015 · 2 grants to organizations · $60K
2014 · 1 grant to organizations · $50K
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
No contributors are listed on Schedule B in the e-filed returns we have for this organization.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $152,454 | $34,522 | $1,214,472 | $1,214,472 | $0 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $48,983 | $34,864 | $1,096,540 | $1,096,540 | $0 | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| -$8,945 | $35,630 | $1,081,865 | $1,081,865 | $0 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $173,212 | $191,462 | $1,126,440 | $1,126,440 | $0 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $28,777 | $141,094 | $1,144,690 | $1,144,690 | $0 | - | $0 | - | - |
| 2019 · Form 990PF | ||||||||
| $69,173 | $86,716 | $1,257,007 | $1,257,007 | $0 | - | $0 | - | - |
| 2018 · Form 990PF | ||||||||
| $117,665 | $95,084 | $1,274,550 | $1,274,550 | $0 | - | $0 | - | - |
| 2017 · Form 990PF | ||||||||
| $76,183 | $100,971 | $1,251,969 | $1,251,969 | $0 | - | $0 | - | - |
| 2016 · Form 990PF | ||||||||
| $34,441 | $101,003 | $1,276,757 | $1,276,757 | $0 | - | $0 | - | - |
| 2015 · Form 990PF | ||||||||
| -$9,649 | $108,699 | $1,343,319 | $1,343,319 | $0 | - | $0 | - | - |
| 2014 · Form 990PF | ||||||||
| $156,143 | $92,666 | $1,461,667 | $1,461,667 | $23 | - | - | - | - |
| 2013 · Form 990PF | ||||||||
| $16,413 | $42,209 | $1,398,190 | $1,398,190 | $0 | - | - | - | - |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- THE FJK PRIVATE FOUNDATION Wilmington, DE · 1 person in common (William W Thorsness)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| JOAN AND CLYDE HAMPTON FOUNDATION | DE | T20 | $145,511 | $296,794 | Dir, Pres, Sec | $16,000 | Same NTEE code T20, revenue within 2x, same state |
| ADAM F AND JUDITH H AMBIELLI FOUNDATION | DE | T20 | $153,486 | $105,327 | Pres, Treas, Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| PAUL AND MARIAN GERHART CHARITABLE FUND | DE | T20 | $157,938 | $179,839 | Dir, Treas, Pres | $2,000 | Same NTEE code T20, revenue within 2x, same state |
| JILL AND WILLIAM STEINBERG FAMILY FOUNDATION | DE | T20 | $158,804 | $152,463 | Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| PETER AND MICHELLE DETKIN FAMILY FOUNDATION | DE | T20 | $154,931 | $222,268 | Pres | $0 | Same NTEE code T20, revenue within 2x, same state |
| TERRY & SUZAN KRAMER FAMILY FOUNDATION | DE | T20 | $157,922 | $69,530 | VP | $0 | Same NTEE code T20, revenue within 2x, same state |
| WALTON FAMILY CHARITABLE FOUNDATION 2022 | DE | T20 | $161,388 | $415,479 | OFFICER | $0 | Same NTEE code T20, revenue within 2x, same state |
| LANE WERNER FAMILY FOUNDATION | DE | T20 | $159,488 | $97,199 | Pres, Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| NYSSA FOUNDATION | DE | T20 | $145,529 | $257,313 | PRESIDENT | $0 | Same NTEE code T20, revenue within 2x, same state |
| FOLEY FAMILY FOUNDATION | DE | T20 | $161,213 | $112,632 | Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| BROWN FAMILY FOUNDATION | DE | T20 | $148,222 | $335,689 | Dir, Pres | $0 | Same NTEE code T20, revenue within 2x, same state |
| CONROY FAMILY FOUNDATION | DE | T20 | $153,999 | $58,444 | Pres, Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| SEEK YE FIRST FOUNDATION | DE | T20 | $157,411 | $50,747 | Pres, Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| BUSHONG FAMILY FOUNDATION | DE | T20 | $148,333 | $493,557 | Pres, Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE NORBY FAMILY FOUNDATION | DE | T20 | $144,050 | $53,322 | Pres, Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| HONEY PERKINS FAMILY FOUNDATION | DE | T20 | $143,914 | $58,882 | Pres, Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| BRUCE ROBERT REID FAMILY FOUNDATION | DE | T20 | $150,410 | $70,579 | Dir | $6,680 | Same NTEE code T20, revenue within 2x, same state |
| THE@ZEPHYR CHARITABLE FOUNDATION INC | DE | T20 | $160,316 | $117,137 | VP | $0 | Same NTEE code T20, revenue within 2x, same state |
| MARY ELOISE MURRAY FAW PRIVATE FOUNDATION | DE | T20 | $151,314 | $313,088 | Dir, Pres, Sec, Treas | $0 | Same NTEE code T20, revenue within 2x, same state |
| LILLEHEI NOGAWA FAMILY CHARITABLE FOUNDATION | DE | T20 | $155,883 | $84,288 | Dir, Pres | $0 | Same NTEE code T20, revenue within 2x, same state |
| JEAN AND AL CARRELL FOUNDATION INC | TX | T20 | $161,456 | $162,671 | Secretary | $0 | Same NTEE code T20, revenue within 2x |
| KENNETH M DUBERSTEIN FOUNDATION | NY | T20 | $155,490 | $148,182 | TRUSTEE | $0 | Same NTEE code T20, revenue within 2x |
| JEAN HARRY AND BRENDA FUCHS FAMILY FOUNDATION | OH | T20 | $161,314 | $281,741 | PRES/TRUSTEE | $0 | Same NTEE code T20, revenue within 2x |
| GRIFFITH BW AND JEAN SCHOLARSHIP TR | MO | T20 | $151,196 | $110,818 | TRUSTEE | $28,304 | Same NTEE code T20, revenue within 2x |
| VALERIE AND JEFFREY S WILPON FOUNDATION | NY | T20 | $150,425 | $150,170 | PRESIDENT/DIRECTOR | $0 | Same NTEE code T20, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
| Grantor | Type | Total given | Grants | Organizations funded | Years | Which ones |
|---|---|---|---|---|---|---|
| JOHN D AND SALLY S LEVY CHARITABLE | Private foundation | $1,821,567 | 1 | 1 | 2022–2022 | JOHN AND SALLY LEVY FAM FOUNDATION |
| COMMUNITY FOUNDATION OF NORTH TEXAS | DAF sponsor | $75,000 | 6 | 1 | 2022–2024 | KATHY WHITWORTH FOUNDATION |
| MUTUAL OF AMERICA FOUNDATION | Private foundation | $30,800 | 6 | 1 | 2018–2024 | GREG WOLF FUND INC |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | DAF sponsor | $5,000 | 1 | 1 | 2024–2024 | GREG WOLF FUND INC |
| HOOVER FAMILY FOUNDATION | Private foundation | $500 | 1 | 1 | 2023–2023 | KATHY WHITWORTH FOUNDATION |
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $34,522 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees: other professional | $19,271 | 55.8% | |
| Other expenses | $11,789 | 34.1% | |
| Fees: legal | $3,347 | 9.7% | |
| Taxes | $115 | 0.3% | |
| Total | $34,522 | 100% |
2023 · Form 990PF · $34,864 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees: other professional | $17,042 | 48.9% | |
| Other expenses | $11,257 | 32.3% | |
| Fees: legal | $6,406 | 18.4% | |
| Taxes | $159 | 0.5% | |
| Total | $34,864 | 100% |
2022 · Form 990PF · $35,630 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees: other professional | $18,161 | 51.0% | |
| Other expenses | $10,764 | 30.2% | |
| Fees: legal | $5,183 | 14.5% | |
| Taxes | $1,522 | 4.3% | |
| Total | $35,630 | 100% |
2021 · Form 990PF · $191,462 spent · pay $0 · grants $150,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $150,000 | 78.3% | |
| Fees: other professional | $21,094 | 11.0% | |
| Other expenses | $11,679 | 6.1% | |
| Fees: legal | $7,827 | 4.1% | |
| Taxes | $862 | 0.5% | |
| Total | $191,462 | 100% |
2020 · Form 990PF · $141,094 spent · pay $0 · grants $100,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $100,000 | 70.9% | |
| Fees: other professional | $19,509 | 13.8% | |
| Other expenses | $11,257 | 8.0% | |
| Fees: legal | $8,928 | 6.3% | |
| Taxes | $1,400 | 1.0% | |
| Total | $141,094 | 100% |
2019 · Form 990PF · $86,716 spent · pay $0 · grants $50,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $50,000 | 57.7% | |
| Fees: other professional | $20,262 | 23.4% | |
| Other expenses | $11,642 | 13.4% | |
| Fees: legal | $4,143 | 4.8% | |
| Taxes | $669 | 0.8% | |
| Total | $86,716 | 100% |
2018 · Form 990PF · $95,084 spent · pay $0 · grants $50,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $50,000 | 52.6% | |
| Fees: other professional | $20,850 | 21.9% | |
| Other expenses | $11,856 | 12.5% | |
| Fees: legal | $10,958 | 11.5% | |
| Taxes | $1,420 | 1.5% | |
| Total | $95,084 | 100% |
2017 · Form 990PF · $100,971 spent · pay $0 · grants $62,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $62,000 | 61.4% | |
| Fees: other professional | $20,473 | 20.3% | |
| Other expenses | $11,840 | 11.7% | |
| Fees: legal | $6,252 | 6.2% | |
| Taxes | $406 | 0.4% | |
| Total | $100,971 | 100% |
2016 · Form 990PF · $101,003 spent · pay $0 · grants $50,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $50,000 | 49.5% | |
| Fees: legal | $19,952 | 19.8% | |
| Fees: other professional | $19,282 | 19.1% | |
| Other expenses | $11,664 | 11.5% | |
| Taxes | $105 | 0.1% | |
| Total | $101,003 | 100% |
2015 · Form 990PF · $108,699 spent · pay $0 · grants $60,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $60,000 | 55.2% | |
| Fees: other professional | $20,994 | 19.3% | |
| Fees: legal | $15,353 | 14.1% | |
| Other expenses | $11,681 | 10.7% | |
| Taxes | $671 | 0.6% | |
| Total | $108,699 | 100% |
2014 · Form 990PF · $92,666 spent · pay $0 · grants $50,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $50,000 | 54.0% | |
| Fees: other professional | $18,847 | 20.3% | |
| Fees: legal | $11,880 | 12.8% | |
| Other expenses | $10,946 | 11.8% | |
| Taxes | $993 | 1.1% | |
| Total | $92,666 | 100% |
2013 · Form 990PF · $42,209 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees: other professional | $17,791 | 42.1% | |
| Fees: legal | $13,433 | 31.8% | |
| Other expenses | $10,697 | 25.3% | |
| Taxes | $288 | 0.7% | |
| Total | $42,209 | 100% |