Thomas J Watson Foundation Tr
Only null% goes to programs Strong reserves Declining revenue
Thomas J Watson Foundation Tr is a 501(c)(3) organization based in Chicago, Illinois, registered in 2017, with $10,823,045 in FY2024 revenue. CharityIndex grades it B.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 35-7120359 Since 2017
Revenue (FY2024)
$10.8M
▲ 28.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$6.3M
Net assets
$59.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Thomas J Watson Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating114 mo reserves · +42% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thomas J Watson Foundation Tr: 114 mo reserves · +42% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Thomas J Watson Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thomas J Watson Foundation Tr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10 S Dearborn Il1-0111, Chicago, IL, 60603
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $7.6M (FY2019) to $10.8M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $59.6M
Operating margin
42.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$59.6M
Total liabilities
$0
Net assets
$59.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,823,045▲28.9% | $6,267,841▼0.7% | $59,577,614▲7.6% | $59,577,614▲7.6% | 990PF |
| 2023 | $8,397,783▲330% | $6,314,099▲4.3% | $55,369,003▲6.2% | $55,369,003▲6.2% | 990PF |
| 2022 | $1,952,971▼84.7% | $6,055,956▼2.0% | $52,130,764▼7.3% | $52,130,764▼7.3% | 990PF |
| 2021 | $12,753,173▲45.2% | $6,180,044▲38.5% | $56,231,650▲4.3% | $56,231,650▲4.3% | 990PF |
| 2020 | $8,783,172▲16.1% | $4,461,522▼8.6% | $53,910,981▲2.1% | $53,910,981▲2.1% | 990PF |
| 2019 | $7,562,986 | $4,880,942 | $52,777,483 | $52,777,483 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Thomas J Watson Foundation Tr a legitimate nonprofit?
- Yes. Thomas J Watson Foundation Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-7120359, based in Chicago, Illinois. Donations are tax-deductible.
- What is Thomas J Watson Foundation Tr's EIN?
- Thomas J Watson Foundation Tr's Employer Identification Number (EIN) is 35-7120359.
- How much revenue does Thomas J Watson Foundation Tr report?
- Thomas J Watson Foundation Tr reported $10,823,045 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas J Watson Foundation Tr have?
- CharityIndex grades Thomas J Watson Foundation Tr B, based on financial health (reserves and operating margin).
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Data for Thomas J Watson Foundation Tr (EIN 35-7120359) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.