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Watertown Local Development Corporation

Grantmaking foundation in Watertown, New York · EIN 16-1199439

Total giving
$410KTax year 2023
Total assets
$11MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE ORGANIZATION'S MISSION IS TO FOSTER AN ENVIRONMENT OF COOPERATION BETWEEN THE CITY GOVERNMENT, ECONOMIC DEVELOPMENT AGENCIES AND THE PRIVATE SECTOR WITH THE GOAL OF PROMOTING ECONOMIC EXPANSION AND PROSPERITY IN THE CITY OF WATERTOWN. MOREOVER, THE ORGANIZATION USES FINANCIAL RESOURCES TO LEVERAGE OTHER INVESTMENTS, WITH THE GOAL OF JOB CREATION, RETENTION AND ELIMINATION OF BLIGHT.

Quoted from the foundation's IRS filing.

Giving by year

$65K2020
$150K2021
$63K2022
$410K2023

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Thompson Park Conservancy$40K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.watertownldc.com

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Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.