Watermark Auto Group Foundation
EIN 814320609 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $151,300. This amount represents 25% or more of the Foundation's net assets of $570,010 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $74K | $478K | $251K | 19 |
| 2018 | $101K | $575K | $203K | 26 |
| 2019 | N/A | $570K | $153K | N/A |
| 2020 | $151K | $1.4M | $1.0M | 15 |
| 2022 | $26K | $2.2M | $1.2M | 7 |
| 2023 | $32K | $2.8M | $703K | 5 |
| 2024 | $11K | $3.1M | $481K | 5 |
Grant Size Distribution
Based on 77 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (77 total)
| Purpose | ||||
|---|---|---|---|---|
| The Boys and Girls Club of Southern Illinois | Carbondale, IL | $75,000 | General support and rent assistance in support of the Marion, Illinois club | 2020 |
| Southern Illinois Community Foundation | Marion, IL | $25,000 | Marion United Fund | 2020 |
| Marion Cusd No 2 | Marion, IL | $25,000 | Support for Innovative Curriculum for the 2017-2018 School Year Initiative | 2017 |
| Marion Cusd No 2 | Marion, IL | $25,000 | Support for Innovative Curriculum for the 2017-2018 School Year Initiative | 2018 |
| Market Street Music Conservatory | Marion, IL | $20,000 | piano lab fund | 2023 |
| Marion Chamber of Commerce Foundation | Marion, IL | $12,500 | All-Inclusive Playground Project | 2018 |
| Marion Cusd No 2 | Marion, IL | $10,000 | Air Force ROTC Program | 2017 |
| Rend Lake College Foundation | Ina, IL | $6,000 | The Learning Resource Center project outdoor study area planter | 2020 |
| The Promise Mission | Marion, IL | $6,000 | General & Unrestricted | 2020 |
| Artstarts Company | Marion, IL | $6,000 | Charitable Event | 2022 |
| Rend Lake College Foundation | Ina, IL | $6,000 | The Learning Resource Center project outdoor study | 2022 |
| Rend Lake College Foundation | Ina, IL | $6,000 | The Learning Resource Center project outdoor study area planter | 2023 |
| Rend Lake College Foundation | Ina, IL | $6,000 | The Learning Resource Center project outdoor study area planter | 2024 |
| Artstarts Company | Marion, IL | $5,500 | Major Underwriter 2018 Musical Productions Project | 2018 |
| Artstarts Company | Marion, IL | $5,400 | Charitable Event | 2020 |
| Board of Trustees of Southern Illinois University | Carbondale, IL | $5,000 | Charitable Event | 2020 |
| City of Carbondale | Carbondale, IL | $5,000 | Charitable Event | 2020 |
| Cochlear Implant Awareness Foundation Inc | Springfield, IL | $5,000 | General & Unrestricted | 2020 |
| Williamson County Historical Society | Marion, IL | $5,000 | General & Unrestricted | 2020 |
| Marion Rotary Club Scholarship Foudation Inc | Marion, IL | $5,000 | General & Unrestricted | 2022 |
| The Promise Mission | Marion, IL | $5,000 | General & Unrestricted | 2017 |
| Lighthouse Shelter | Marion, IL | $5,000 | General & Unrestricted | 2018 |
| Marion Cultural & Civic Center Foundation | Marion, IL | $5,000 | Charitable Event | 2018 |
| Pony Baseball Inc | Washington, PA | $5,000 | Colt World Series by Marion Illinois for 2018-2019 Program | 2018 |
| Womens Center Incorporated | Carbondale, IL | $5,000 | General & Unrestricted | 2018 |
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