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Nonprofit · EIN 75-6064539

WATSON W WISE FOUNDATION

Tax-exempt · TYLER, TX 75702

Financials

$2.2M$1.9M2023$2.9M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of WATSON W WISE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,915,676$2,286,245$629,431$23,308,202$4,985$23,303,217
December 31, 2023990-PF$2,206,590$1,865,142$341,448$22,661,515$3,826$22,657,689
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$505,894
Interest
$8,465
Net gain from sales of assets
$461,912
Other income
$1,939,405

Expenses

Grants and similar amounts paid
$1,572,750
Compensation of officers, directors and key employees
$95,000
Disbursements for charitable purposes
$1,700,485
Excise tax on investment income
$32,366

Balance sheet and other

Total assets, start of year
$22,661,515
Total assets, end of year
$23,308,202
Total liabilities, end of year
$4,985
Net assets, end of year
$23,303,217
Fair market value of assets
$31,172,151
Qualifying distributions
$1,700,485
Net investment income
$2,915,676

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHIRLEY J NICHOLS
18724 FM 345, TROUP, TX 75789
Secretary32$95,000
WILL A KNIGHT
206 W Erwin St, Tyler, TX 75702
President0$0
ELOISE C CHANDLER
512 E Third, Tyler, TX 75701
Vice-President0$0
THOMAS CLYDE
3031 OLD BULLARD RD, Tyler, TX 75701
Vice President0$0
SCOTT KNIGHT
206 W Erwin St, TYLER, TX 75702
Vice President0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SHIRLEY J NICHOLS
18724 FM 345, TROUP, TX 75789
Secretary32$83,500
WILL A KNIGHT
206 W Erwin St, Tyler, TX 75702
President0$0
ELOISE C CHANDLER
512 E Third, Tyler, TX 75701
Vice-President0$0
THOMAS CLYDE
3031 OLD BULLARD RD, Tyler, TX 75701
Vice President0$0
SCOTT KNIGHT
206 W Erwin St, TYLER, TX 75702
Vice President0$0

Address and contacts

Address (IRS master file)
110 N COLLEGE AVE STE 311, TYLER, TX 75702-7345
Signed the 990-PF
SHIRLEY J NICHOLS, Secretary
Phone
(903) 531-9615
Return prepared by
SQUYRES & CO LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
75-6064539
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$23,308,202
Income (IRS master file)
$7,954,988

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,915,676$2,286,245$23,308,202XML
990-PFDecember 2023$2,206,590$1,865,142$22,661,515XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-6064539).

Questions about WATSON W WISE FOUNDATION

What is the EIN of WATSON W WISE FOUNDATION?
The employer identification number (EIN) of WATSON W WISE FOUNDATION is 75-6064539.
Is WATSON W WISE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to WATSON W WISE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WATSON W WISE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WATSON W WISE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WATSON W WISE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of WATSON W WISE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $95,000 (SHIRLEY J NICHOLS, Secretary).
How much revenue does WATSON W WISE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,915,676, expenses of $2,286,245 and total assets of $23,308,202 at year end.

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