John & Ann Watson Educational Trust Portland Trust
Preselected recipients only
John & Ann Watson Educational Trust Portland Trust is a private foundation in Portland, Maine. In tax year 2024 it gave $20,000 in 3 grants; the typical grant was $5,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$20,000
- Number of grants3
- Typical grant$5,000
- Largest grant$10,000
- Assets$634,973
- New grantees67%
Giving in 2024 was down from $25,000 the year before.
67% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $25,000 | 5 | $591,109 |
| 2024 | $20,000 | 3 | $634,973 |
How to apply
John & Ann Watson Educational Trust Portland Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What John & Ann Watson Educational Trust Portland Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Maine.
| State | Grants | Amount |
|---|---|---|
| Maine | 2 | $15,000 |
| Florida | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of Maine - Orono | Scholarships | $10,000 |
| University of New England | Scholarships | $5,000 |
| Embry Riddle Aeronautical Univ | Scholarships | $5,000 |
Officers and trustees
- Portland Trust Company LLC
- Bank of America
Questions people ask
Does John & Ann Watson Educational Trust Portland Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does John & Ann Watson Educational Trust Portland Trust give?
$20,000 in tax year 2024, across 3 grants, with a typical grant of $5,000.
Who runs John & Ann Watson Educational Trust Portland Trust?
Its 2024 filing lists Portland Trust Company LLC (Trustee) and Bank of America (Trustee).
What does John & Ann Watson Educational Trust Portland Trust fund?
Based on its grants, mainly education.