Charles M Walker Foundation Inc
The Charles M Walker Foundation Inc is a private foundation based in Monroe, Georgia. Established in 1963 and granted tax-exempt status in June 1964, the foundation operates as a 501(c)(3) organization focused on educational support and community services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+0.4% YoY
Annual Giving
$130K
+8.3% YoY
Grant Count
26
+13.0% YoY
Avg Grant Size
$5K
-4.2% YoY
Under IRS private-foundation payout rules, Charles M Walker Foundation Inc reported a distributable amount of $188K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to provide interest received on student loans made to allow qualified students to obtain education beyond high school. Interest is charged only after graduation at a nominal rate.
The foundation's funding priorities include:
- Education — including student loans for high school graduates pursuing higher education
- Youth programs — including youth workshops in theatrical arts
- Community services — YMCA campaigns and youth-focused initiatives
- Historical preservation — history education programs and historical cemetery maintenance
- Child welfare — support for families and children in need
- Religious support — giving to Protestant churches
- School improvements — supplies and classroom improvements
Grantmaking
Average Grant
amount: approximately $4,200
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and programs in Georgia, with a particular focus on the Monroe area and surrounding regions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $1,915,002
- Total revenues: $167,250
- Total expenses: $151,421
- Total giving: $120,000
Staffing:
- 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,922,033 | $1,915,002 | $1,899,174 |
| Revenue | $175,430 | $167,250 | $136,384 |
| Expenses | $168,399 | $151,421 | $137,371 |
| Qualifying Distributions | $192,291 | $192,478 | $184,579 |
| Net Investment Income | $147,653 | $141,475 | $100,752 |
| Distributable Amount | $188,151 | $166,105 | $214,337 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Walton County YMCA ($15,000), Faith In Serving Humanity ($12,750), Monroe First Methodist Church ($8,500).
| Recipient | Purpose | Amount |
|---|---|---|
| A Child's Voice Advocacy Center Social Circle, GA | Child Advocacyin Legal System | $3,000 |
| Empty Stocking Fund of Walton Co Monroe, GA | 2022 ChristmasFund | $3,000 |
| Faith In Serving Humanity Monroe, GA | Help to NeedyFamilies &Children | $12,750 |
| First Baptist Church Monroe, GA | Building Fund& General Fund | $8,000 |
| Monroe First Methodist Church Monroe, GA | Fixed Asset Fd.,Building Fund,Organ Fund | $8,500 |
| George Walton Academy Monroe, GA | Building Fund | $6,600 |
| Monroe Cultural & Heritage Museum Monroe, GA | City HeritageMuseum Support | $6,500 |
| Monroe Country Day School Monroe, GA | Student Education/Van Fund | $5,500 |
| Monroe Downtown Development Auth Monroe, GA | City DevelopmentProject Support | $7,500 |
| MonroeWalton Center for the Arts Inc Monroe, GA | General SupportLocal Arts Program | $6,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Russell P Preston — Chairperson
- C Nathan Little — Trustee/Treasurer
- Bartlett Benton — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Russell P Preston | Chairperson | 0.25 | — |
| C Nathan Little | Trustee/Treas. | 2 | — |
| Bartlett Benton | Trustee | 0.25 | — |
| Lee Garrett | Trustee | 0.25 | — |
| Tori S Lucas | Trustee | 0.25 | — |
Contact Information
- Address: PO Box 1764, Monroe, GA 30655-6764
- Phone: 770-867-9002
- EIN: 58-6036759
Frequently Asked Questions
What does Charles M Walker Foundation Inc fund?
The foundation's primary purpose is to provide interest received on student loans made to allow qualified students to obtain education beyond high school. Interest is charged only after graduation at a nominal rate. The foundation's funding priorities include: • **Education** — including student loans for high school graduates pursuing higher education • **Youth programs** — including youth workshops in theatrical arts • **Community services** — YMCA campaigns and youth-focused initiatives • **…
How do I apply for a grant from Charles M Walker Foundation Inc?
**Grant Activity:** • Made 24 grants in 2023 • Total giving in 2023: $120,000 • Typical award range: $300–$13,450 • Average grant amount: approximately $4,200 • Median grant amount: approximately $3,200 **Recent Grantees (2023):** • Faith in Serving Humanity — $13,450 (Help to needy families and children) • George Walton Academy (GWA) — $11,200 (Building fund) • Walton County YMCA
Where does Charles M Walker Foundation Inc make grants?
The foundation primarily funds organizations and programs in Georgia, with a particular focus on the Monroe area and surrounding regions.
What size grants does Charles M Walker Foundation Inc award?
In 2024, Charles M Walker Foundation Inc awarded 26 grants totaling $130K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Charles M Walker Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles M Walker Foundation Inc reported a distributable amount of $188K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles M Walker Foundation Inc's EIN?
Charles M Walker Foundation Inc's EIN (Employer Identification Number) is 58-6036759. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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