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    3. Walter E & Caroline H Watson Trust

    Walter E & Caroline H Watson Trust

    ActiveMutual & Membership BenefitFunds Individuals
    PITTSBURGH, PA4128076211EIN: 34-65477263 filings on record

    About Walter E & Caroline H Watson Trust

    The Watson Trust concentrates its giving on health care institutions and community-wide human services, favoring large unrestricted or general-purpose grants that support hospitals and broad community programs. Grants include significant support for regional hospitals and a repeated commitment to the local United Way’s youth/after-school initiative, indicating a priority on health systems and out-of-school-time supports for children. The foundation makes a small number of substantial awards rather than many small grants.

    Focus Areas

    Regional hospital general support (acute care and children's hospital funding)United Way community campaigns with emphasis on after-school/child success programs ("Success By & After 6")General community health and human services funding in the Pittsburgh–Northeast Ohio region

    Who They Fund

    children and youth (K-12, afterschool participants, youth theatre)low-income / food-insecure familiespeople experiencing homelessness or at risk of homelessnessindividuals with disabilities (autism spectrum)local community residents served by emergency/social services

    About Walter E & Caroline H Watson Trust

    Walter E & Caroline H Watson Trust has a clear pattern of backing health systems and community safety-net organizations, with repeated large awards to hospitals and human-services providers in northeast Ohio. In the recent grants list, Mercy Health Fdn in Youngstown received $75,288 in 2023 and $31,886 in 2025 for general support, while Akron Children's Hospital received the same amounts in those two years for general purpose funding. That mix points to a funder that favors flexible support for institutions serving broad community needs rather than narrowly targeted project-only grants. The trust also shows a sustained interest in youth-serving community programs. Community Corporation United Way Campaign in Youngstown received $40,000 in both 2023 and 2025 for Success By & After 6, a youth and after-school initiative. Other awards reach into emergency social services, housing, food assistance, and education-related services, showing a grantmaking pattern that connects medical care with day-to-day family stability. Across the recent record, the trust makes a relatively small number of grants, but several are substantial enough to matter to core operating budgets. Recipients include both regional hospital systems and local organizations serving children, families, and residents facing immediate hardship.

    What Walter E & Caroline H Watson Trust Funds

    Health care is one of the trust’s most visible giving areas. Mercy Health Fdn in Youngstown received $75,288 in 2023 and $31,886 in 2025 for general support, while Akron Children's Hospital in Akron received $75,288 in 2023 and $31,886 in 2025 for general purpose funding. Youth development and out-of-school time also appear repeatedly. Community Corporation United Way Campaign in Youngstown received $40,000 in 2023 and again in 2025 for Success By & After 6, and Ohio Urban Renaissance in Youngstown received $10,000 in 2025 for the ICAN Afterschool Program. The trust supports basic-needs services as well. Salvation Army in Youngstown received $26,000 in 2025 for emergency social services, and Rescue Mission of Mahoning Valley received $20,000 in 2023 for reducing food insecurity and $10,588 in 2025 for client assistance. Education-related grants also show up in the record, including $25,000 to Youngstown Area Jewish Federation in 2025 for an early learning center and $15,000 to Akiva Academy in 2025 for well-rounded education.

    How Walter E & Caroline H Watson Trust Gives

    Financial Snapshot

    Annual Giving

    $1.1M

    Total Assets

    $7.6M

    Total Revenue

    $608K

    Total Expenses

    $430K

    Typical Grant Size

    Most grants fall between $5K and $11K, with a median of $10K.

    25th Percentile

    $5K

    Median

    $10K

    75th Percentile

    $11K

    Geographic Reach

    Regional4 states funded

    About 1% of grants go to recipients in OH.

    Funding intensity
    Low
    High
    Headquarters

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    Giving Approach

    Concentrated giving: a handful of relatively large grants, including repeat support to a United Way campaign and multi-thousand-dollar general-purpose awards to regional hospitals rather than many small or highly restricted project grants.

    Funding Style

    general operating / unrestricted supportproject-specific / programmatic grantsgap funding / emergency financial assistancedirect service delivery funding

    Notable grantees: Community Corporation United Way Campaign, Mercy Health Foundation, Akron Children's Hospital

    Topics

    early learning & preschool programsafter-school & youth enrichment (mentoring, theatre, camps, STEAM)workforce development & skills trainingfood security / meal deliveryhomelessness prevention & client financial assistancearts education & youth theatredisability services (autism diagnostic & sensory supports)

    The typical grant sits in a middle range: p25 is $5,000, median is $10,000, and p75 is $11,422. The recent record also includes several awards well above that band, showing a split between routine program support and larger hospital commitments. Recipients appear across multiple years, including repeated grants to the same organizations in 2023, 2024, and 2025. The trust is a private foundation based in Pittsburgh and it funds individuals. No application process is stated in the data.

    Where Walter E & Caroline H Watson Trust Makes Grants

    Giving is concentrated in Ohio, which accounts for the largest share of grant recipients by state. Youngstown appears most often, with additional awards in Akron, Kent, Cuyahoga Falls, and Middletown. Pennsylvania, despite being the headquarters state, receives only 1% of grants. All recorded grants in the recent set go to U.S. recipients.

    Frequently Asked Questions About Walter E & Caroline H Watson Trust

    What kinds of organizations does Walter E & Caroline H Watson Trust fund most often?

    The trust’s recent grants center on health care institutions and community-serving human services. Hospital and health-related awards go to organizations such as Mercy Health Fdn and Akron Children's Hospital, while other grants support emergency social services, food insecurity response, housing-related needs, and youth programs.

    What is the typical grant size?

    The recent grant-size distribution is relatively tight: the 25th percentile is $5,000, the median is $10,000, and the 75th percentile is $11,422. Several awards are larger than that range, especially to hospital and general support recipients.

    Does the trust give to the same organizations in more than one year?

    Yes. The record shows repeated grants across years, including Mercy Health Fdn in 2023 and 2025, Akron Children's Hospital in 2023, 2024, and 2025, and Community Corporation United Way Campaign in 2023 and 2025.

    What geographic area receives most of the trust’s grants?

    Ohio receives the most grants, with Youngstown appearing most often. Other recipient cities in the recent list include Akron, Kent, Cuyahoga Falls, and Middletown. Pennsylvania, the headquarters state, accounts for only 1% of grants.

    What kinds of youth-related programs are supported?

    Youth support shows up in after-school, early learning, entrepreneurship, and education grants. Examples include Success By & After 6 through Community Corporation United Way Campaign, the ICAN Afterschool Program at Ohio Urban Renaissance, an early learning center at Youngstown Area Jewish Federation, and youth entrepreneurship at The Youngstown Edison Incubator.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    COMMUNITY CORPORATION UNITED WAY CAMPAIGNYOUNGSTOWN, OH$40,0002025SUCCESS BY & AFTER 6 &
    AKRON CHILDREN'S HOSPITALAKRON, OH$31,8862025GENERAL PURPOSE
    MERCY HEALTH FDNYOUNGSTOWN, OH$31,8862025GENERAL SUPPORT
    SALVATION ARMYYoungstown, OH$26,0002025EMERGENCY SOCIAL SERVICES
    YOUNGSTOWN AREA JEWISH FEDERATIONYOUNGSTOWN, OH$25,0002025EARLY LEARNING CENTER
    THE YOUNGSTOWN EDISON INCUBATORYOUNGSTOWN, OH$15,0002025YOUTH ENTREPRENEURSHIP
    AMERICAN RED CROSS GREATER AKRONAKRON, OH$15,0002025MAHONING VALLEY HOME FIRE
    YMCA OF YOUNGSTOWNYOUNGSTOWN, OH$15,0002025FINANCIAL ASSISTANCE
    AKIVA ACADEMYYOUNGSTOWN, OH$15,0002025WELL-ROUNDED EDUCATION
    RESCUE MISSION OF MAHONING VALLEYYOUNGSTOWN, OH$10,5882025CLIENT ASSISTANCE
    HEART REACH NEIGHBORHOODYOUNGSTOWN, OH$10,0002025SUPER KIDS
    OHIO URBAN RENAISSANCEYOUNGSTOWN, OH$10,0002025ICAN AFTERSCHOOL PROGRAM
    HUMILITY OF MARY HOUSINGCUYAHOGA FALLS, OH$10,0002025SAFETY ENHANCEMENTS ECCC
    YOUNGSTOWN AREA GOODWILL INCYOUNGSTOWN, OH$10,0002025CLIENT SUPPORT/VOUCHERS
    BUTLER INSTITUTE OF AMERICAN ARTYOUNGSTOWN, OH$10,0002025BOILER REPLACEMENT PROJECT
    POTENTIAL DEVELOPMENT PROGRAMYOUNGSTOWN, OH$10,0002025STRUCTURED TEACHING
    TRUMBULL AND EASTER SEALSYoungstown, OH$10,0002025AUTISM DIAGNOSTIC CLINIC
    KOOL BOIZ FOUNDATIONMIDDLETOWN, DE$10,0002025MENTORING PROGRAM
    SMARTS Students Motivated by the ArtsYOUNGSTOWN, OH$7,5002025ARTS EDUCATION UNDERSERVED
    YOUNGSTOWN PLAYHOUSEYOUNGSTOWN, OH$7,5002025YOUTH THEATRE PROGRAM 2025
    ALL CHILDREN LEARN DIFFERENTLYYOUNGSTOWN, OH$7,5002025AFTERSCHOOL INTERVENTION
    JUNIOR ACHIEVEMENT OF MAHONING VALLEY OHIOGIRARD, OH$5,0002025JA K-12 PROGRAMS
    NATIONAL SOCIETY TO PREVENT BLINDNESSCHICAGO, IL$5,0002025MAHONING VALLEY OUTREACH
    GIRL SCOUTS OF NORTH EASTYOUNGSTOWN, OH$5,0002025JOURNEYS IN YOUNGSTOWN
    MAKE A WISH FOUNDATION OF GREATER OHIOINDEPEDENDCE, OH$5,0002025WISHES MAHONING/TRUMBULL
    1ST PRESBYTERIAN CHURCHYOUNGSTOWN, OH$2,0002025GENERAL SUPPORT
    THE UNITED WAY OF YOMAH VALLEYYOUNGSTOWN, OH$2,0002025GENERAL OPERATING
    YOUNGSTOWN STATE UNIVERSITY FOUNDATIONYOUNGSTOWN, OH$2,0002025GENERAL SUPPPORT
    AKRON CHILDREN'S HOSPITALAKRON, OH$30,8612024GENERAL PURPOSE
    MERCY HEALTH FDNYOUNGSTOWN, OH$30,8612024GENERAL SUPPORT
    SALVATION ARMYYoungstown, OH$21,0002024GENERAL SUPPORT
    COLEMAN HEALTH SERVICESKENT, OH$20,0002024GAP FUNDING FOR HOMELESS
    THE YOUNGSTOWN EDISON INCUBATORYOUNGSTOWN, OH$20,0002024YBI YOUTH ENTREPRENEURSHIP
    AKIVA ACADEMYYOUNGSTOWN, OH$15,0002024EDUCATION PROGRAM
    HUMILITY OF MARY HOUSINGCUYAHOGA FALLS, OH$12,5842024EMMANUEL ROOF REPLACEMENT
    AMERICAN RED CROSS GREATER AKRONAKRON, OH$11,7002024MAHONING VALLEY BLOOD
    SIGHT FOR ALLYOUNGSTOWN, OH$10,0002024EYE SEE AGAIN PROJECT
    RONALD MCDONALD HOUSE CHARITIESYOUNGSTOWN, OH$10,0002024STAR CORNER - YOUNGSTOWN
    YOUNGSTOWN WARREN REGIONAL CHAMBERYOUNGSTOWN, OH$10,0002024REPOPULATION ENDEAVOR
    TECH BELT ENERGY INNOVATION CENTERWARREN, OH$10,0002024BRITE EDUCATION PROGRAM
    YOUNG WOMENS CHRISTIAN ASSOCIATIONYOUNGSTOWN, OH$10,0002024STEAM SUMMER CAMPS
    POTENTIAL DEVELOPMENT PROGRAMYOUNGSTOWN, OH$10,0002024HS SENSORY ROOM
    HEART REACH NEIGHBORHOODYOUNGSTOWN, OH$10,0002024SUPER KIDS
    YOUNGSTOWN PLAYHOUSEYOUNGSTOWN, OH$10,00020242024 YOUTH THEATRE PROGRAM
    YMCA OF YOUNGSTOWNYOUNGSTOWN, OH$7,5002024LIVESTRONG
    INSPIRING MINDSCLEVELAND, OH$7,0002024YOUNGSTOWN YOUTH ENRICHMENT
    COMPASS FAMILY & COMMUNITY SERVICESYOUNGSTOWN, OH$6,1542024SOJOURNER HOUSE
    BEATITUDE HOUSEYOUNGSTOWN, OH$6,1542024SCHOLARS PROGRAM
    ADAPTIVE SPORTS PROGRAM OF OHIOYOUNGSTOWN, OH$5,0002024EVERYONE PLAYS SUMMER CAMP
    JUNIOR ACHIEVEMENT OF MAHONING VALLEY OHIOGIRARD, OH$5,0002024JA K-12 PROGRAMS

    COMMUNITY CORPORATION UNITED WAY CAMPAIGN

    $40,000
    YOUNGSTOWN, OH2025

    SUCCESS BY & AFTER 6 &

    AKRON CHILDREN'S HOSPITAL

    $31,886
    AKRON, OH2025

    GENERAL PURPOSE

    MERCY HEALTH FDN

    $31,886
    YOUNGSTOWN, OH2025

    GENERAL SUPPORT

    SALVATION ARMY

    $26,000
    Youngstown, OH2025

    EMERGENCY SOCIAL SERVICES

    YOUNGSTOWN AREA JEWISH FEDERATION

    $25,000
    YOUNGSTOWN, OH2025

    EARLY LEARNING CENTER

    THE YOUNGSTOWN EDISON INCUBATOR

    $15,000
    YOUNGSTOWN, OH2025

    YOUTH ENTREPRENEURSHIP

    AMERICAN RED CROSS GREATER AKRON

    $15,000
    AKRON, OH2025

    MAHONING VALLEY HOME FIRE

    YMCA OF YOUNGSTOWN

    $15,000
    YOUNGSTOWN, OH2025

    FINANCIAL ASSISTANCE

    AKIVA ACADEMY

    $15,000
    YOUNGSTOWN, OH2025

    WELL-ROUNDED EDUCATION

    RESCUE MISSION OF MAHONING VALLEY

    $10,588
    YOUNGSTOWN, OH2025

    CLIENT ASSISTANCE

    HEART REACH NEIGHBORHOOD

    $10,000
    YOUNGSTOWN, OH2025

    SUPER KIDS

    OHIO URBAN RENAISSANCE

    $10,000
    YOUNGSTOWN, OH2025

    ICAN AFTERSCHOOL PROGRAM

    HUMILITY OF MARY HOUSING

    $10,000
    CUYAHOGA FALLS, OH2025

    SAFETY ENHANCEMENTS ECCC

    YOUNGSTOWN AREA GOODWILL INC

    $10,000
    YOUNGSTOWN, OH2025

    CLIENT SUPPORT/VOUCHERS

    BUTLER INSTITUTE OF AMERICAN ART

    $10,000
    YOUNGSTOWN, OH2025

    BOILER REPLACEMENT PROJECT

    POTENTIAL DEVELOPMENT PROGRAM

    $10,000
    YOUNGSTOWN, OH2025

    STRUCTURED TEACHING

    TRUMBULL AND EASTER SEALS

    $10,000
    Youngstown, OH2025

    AUTISM DIAGNOSTIC CLINIC

    KOOL BOIZ FOUNDATION

    $10,000
    MIDDLETOWN, DE2025

    MENTORING PROGRAM

    SMARTS Students Motivated by the Arts

    $7,500
    YOUNGSTOWN, OH2025

    ARTS EDUCATION UNDERSERVED

    YOUNGSTOWN PLAYHOUSE

    $7,500
    YOUNGSTOWN, OH2025

    YOUTH THEATRE PROGRAM 2025

    ALL CHILDREN LEARN DIFFERENTLY

    $7,500
    YOUNGSTOWN, OH2025

    AFTERSCHOOL INTERVENTION

    JUNIOR ACHIEVEMENT OF MAHONING VALLEY OHIO

    $5,000
    GIRARD, OH2025

    JA K-12 PROGRAMS

    NATIONAL SOCIETY TO PREVENT BLINDNESS

    $5,000
    CHICAGO, IL2025

    MAHONING VALLEY OUTREACH

    GIRL SCOUTS OF NORTH EAST

    $5,000
    YOUNGSTOWN, OH2025

    JOURNEYS IN YOUNGSTOWN

    MAKE A WISH FOUNDATION OF GREATER OHIO

    $5,000
    INDEPEDENDCE, OH2025

    WISHES MAHONING/TRUMBULL

    1ST PRESBYTERIAN CHURCH

    $2,000
    YOUNGSTOWN, OH2025

    GENERAL SUPPORT

    THE UNITED WAY OF YOMAH VALLEY

    $2,000
    YOUNGSTOWN, OH2025

    GENERAL OPERATING

    YOUNGSTOWN STATE UNIVERSITY FOUNDATION

    $2,000
    YOUNGSTOWN, OH2025

    GENERAL SUPPPORT

    AKRON CHILDREN'S HOSPITAL

    $30,861
    AKRON, OH2024

    GENERAL PURPOSE

    MERCY HEALTH FDN

    $30,861
    YOUNGSTOWN, OH2024

    GENERAL SUPPORT

    SALVATION ARMY

    $21,000
    Youngstown, OH2024

    GENERAL SUPPORT

    COLEMAN HEALTH SERVICES

    $20,000
    KENT, OH2024

    GAP FUNDING FOR HOMELESS

    THE YOUNGSTOWN EDISON INCUBATOR

    $20,000
    YOUNGSTOWN, OH2024

    YBI YOUTH ENTREPRENEURSHIP

    AKIVA ACADEMY

    $15,000
    YOUNGSTOWN, OH2024

    EDUCATION PROGRAM

    HUMILITY OF MARY HOUSING

    $12,584
    CUYAHOGA FALLS, OH2024

    EMMANUEL ROOF REPLACEMENT

    AMERICAN RED CROSS GREATER AKRON

    $11,700
    AKRON, OH2024

    MAHONING VALLEY BLOOD

    SIGHT FOR ALL

    $10,000
    YOUNGSTOWN, OH2024

    EYE SEE AGAIN PROJECT

    RONALD MCDONALD HOUSE CHARITIES

    $10,000
    YOUNGSTOWN, OH2024

    STAR CORNER - YOUNGSTOWN

    YOUNGSTOWN WARREN REGIONAL CHAMBER

    $10,000
    YOUNGSTOWN, OH2024

    REPOPULATION ENDEAVOR

    TECH BELT ENERGY INNOVATION CENTER

    $10,000
    WARREN, OH2024

    BRITE EDUCATION PROGRAM

    YOUNG WOMENS CHRISTIAN ASSOCIATION

    $10,000
    YOUNGSTOWN, OH2024

    STEAM SUMMER CAMPS

    POTENTIAL DEVELOPMENT PROGRAM

    $10,000
    YOUNGSTOWN, OH2024

    HS SENSORY ROOM

    HEART REACH NEIGHBORHOOD

    $10,000
    YOUNGSTOWN, OH2024

    SUPER KIDS

    YOUNGSTOWN PLAYHOUSE

    $10,000
    YOUNGSTOWN, OH2024

    2024 YOUTH THEATRE PROGRAM

    YMCA OF YOUNGSTOWN

    $7,500
    YOUNGSTOWN, OH2024

    LIVESTRONG

    INSPIRING MINDS

    $7,000
    CLEVELAND, OH2024

    YOUNGSTOWN YOUTH ENRICHMENT

    COMPASS FAMILY & COMMUNITY SERVICES

    $6,154
    YOUNGSTOWN, OH2024

    SOJOURNER HOUSE

    BEATITUDE HOUSE

    $6,154
    YOUNGSTOWN, OH2024

    SCHOLARS PROGRAM

    ADAPTIVE SPORTS PROGRAM OF OHIO

    $5,000
    YOUNGSTOWN, OH2024

    EVERYONE PLAYS SUMMER CAMP

    JUNIOR ACHIEVEMENT OF MAHONING VALLEY OHIO

    $5,000
    GIRARD, OH2024

    JA K-12 PROGRAMS