About the Foundation
Watkins Island Foundation, Inc.
The Watkins Island Foundation is a nonprofit corporation organized to be operated exclusively for charitable purposes as set forth in Internal Revenue Code Section 501(c)(3) including, for these purposes, making distributions to organizations (with a focus on organizations in the three county region including Fairfield, Licking and Perry Counties) that qualify as exempt organizations under Internal Revenue Code Section 501(c)(3) and seeking to preserve, restore, and maintain Watkins Island and the historic structures and improvements of the Buckeye Lake Yacht Club.
The Foundation is exempt from federal income tax under Internal Revenue Code 501(c)(3). Donors can deduct contributions they make to the Foundation under IRC Section 170. The Foundation is also qualified to receive tax-deductible bequests, devises, transfers or gifts under Section 2055, 2016, or 2522.