DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD
The David G and Nancy B Walsh Family Foundation Ltd is a private foundation based in Madison, Wisconsin. Its 2025 grants were designated for general charitable purposes and went to organizations in Wisconsin, Illinois, and North Carolina.
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD at a glance
In short: DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD gave $352K across 31 grants in 2025 (avg $11K), mostly in Wisconsin. 52% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $351,540
- +9.7% vs 2024
- Grants made (2025)
- 31
- -11.4% vs 2024
- Average grant
- $11,340
- +23.9% vs 2024
- Median grant
- $5,000
- Total assets
- $4,250,627
- +8.3% vs 2024
- New grantees (estimate)
- 52% first-time grantees (16 of 31, 2025)
- Primary geography
- Wisconsin (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Foley Lardner PO Box 1497, Madison, WI 53701-1497
Phone: (608) 258-4269
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was David and Nancy Walsh Donor Advised Fund ($150K). Together the top 10 received $292K.
Grant Size Distribution
153 grants across all recorded years
The most common grant size was under $50K: 145 grants of 153 (95%).
Geographic Focus
Where this funder awards grants
In 2025, 91% of grant dollars went to recipients in Wisconsin, 6% to Illinois, 3% to North Carolina, and less than 1% to Maryland.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
Is DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD open to new grantees?
52%
first-time grantees, 2025
In 2025, 16 of 31 grantees (52%) were first-time recipients. First grants averaged $7K; repeat grants $16K. How we count
Medians: $5K first-time, $2K repeat.
- 29% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+8%). Method
- In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $268K (2021) to $367K (2023). In 2025 it made 31 grants totaling $352K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| David and Nancy Walsh Donor Advised Fund Madison, WI | General charitable | $150,000 |
| Blind Travel Foundaton Inc Madison, WI | General charitable | $30,000 |
| Goodman Community Center Madison, WI | General charitable | $30,000 |
| Second Harvest Foodbank of Southern Wisconsin Madison, WI | General charitable | $17,000 |
| Monona Grove Education Foundation Monona, WI | General charitable | $15,000 |
| Senior Services Inc Winston-Salem, NC | General charitable | $10,000 |
| Foundation for Dane County Parks Madison, WI | General charitable | $10,000 |
| The Foundation for Black Women's Wellness Madison, WI | General charitable | $10,000 |
| Rooted & Rising Washington Park Milwaukee, WI | General charitable | $10,000 |
| United Churches of Galena Food Pantry Galena, IL | General charitable | $10,000 |
Ready to take the next step with DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,250,627 | $791,236 | $425,721 | $351,540 | 31 | $352,290 | $732,578 | $438,672 |
| 2024 | $3,923,568 | $748,296 | $382,677 | $320,321 | 35 | $322,571 | $688,190 | $352,488 |
| 2023 | $3,619,144 | $374,865 | $406,315 | $367,100 | 28 | $367,600 | $336,150 | $311,928 |
| 2022 | $3,359,151 | $247,244 | $372,089 | $325,529 | 27 | $326,029 | $202,385 | $369,971 |
| 2021 | $3,483,746 | $99,113 | $306,424 | $267,500 | 32 | — | $247,780 | $329,098 |
Under IRS private-foundation payout rules, DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD reported a distributable amount of $439K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants supported a range of charitable organizations. For example, Second Harvest Foodbank of Southern Wisconsin says its mission is to end hunger in southwest Wisconsin. The Monona Grove Education Foundation says it raises funds for scholarships and projects and programs that enhance education in its school district. The Foundation for Black Women’s Wellness says it works to eliminate health disparities and other barriers affecting Black women and girls. These are the grantees’ stated missions, not stated missions of the foundation.
Grantmaking
In 2025, the foundation reported 31 grants totaling $351,540. The grants ranged from $500 to $150,000, with a median grant of $5,000.
Among its largest 2025 grants were $150,000 to the David and Nancy Walsh Donor Advised Fund; $30,000 each to Blind Travel Foundaton Inc and Goodman Community Center; $17,000 to Second Harvest Foodbank of Southern Wisconsin; and $15,000 to Monona Grove Education Foundation. Other grants of $10,000 included Senior Services Inc, Foundation for Dane County Parks, the Foundation for Black Women’s Wellness, Rooted & Rising Washington Park, United Churches of Galena Food Pantry, and The Center for Black Excellence and Culture. Vera Court Neighborhood Center Inc received $8,500.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David G Walsh co Foley Lardner as president, secretary, and director, and Nancy B Walsh as vice president, treasurer, and director. Other directors listed are Harold Mayer, Thomas Stolper, Michael Walsh, Katherine Walsh, Molly Walsh, John G Walsh, and Kathleen Laskis.
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD is led by David G Walsh co Foley Lardner, President, Secretary & Director on every filing since 2023; 3 of 9 officers listed in 2025 are compensated.
Officers on the 2025 filing
David G Walsh co Foley Lardner
President, Secretary & Director
On filings since 2023
2 hrs/week
No compensation reported
Harold Mayer
Director
On filings since 2021
1 hr/week
$500 (2021) → $500 (2025)
Thomas Stolper
Director
On filings since 2021
1 hr/week
$500 (2021) → $500 (2025)
Kathleen Laskis
Director
On filings since 2024
1 hr/week
$2K (2024) → $500 (2025)
John G Walsh
Director
On filings since 2021
1 hr/week
No compensation reported
Katherine Walsh
Director
On filings since 2021
1 hr/week
No compensation reported
Michael Walsh
Director
On filings since 2021
1 hr/week
No compensation reported
Molly Walsh
Director
On filings since 2021
1 hr/week
No compensation reported
Nancy B Walsh
Vice President, Treasurer & Director
On filings since 2021
2 hrs/week
No compensation reported
Former officers (1)
- Former: David G Walsh co Foley (2021–2022) — President, Secretary & Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $500, to Harold Mayer (Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD
How much does DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD give each year?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD gave $352K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $320K across 35 grants.
What is DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's typical grant size?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's median grant in 2025 was $5,000, and its average grant was $11,340, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD that year got $7K on average.
Where does DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD give grants?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD gives mostly in Wisconsin: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (6%). The most frequent recipient cities were Madison, WI (21 grants) and Galena, IL (3 grants).
Does DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD give general operating support?
Yes: 100% of DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's 2025 grants with a stated purpose (31 of 31) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's largest grantees?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's largest 2025 grantees include David and Nancy Walsh Donor Advised Fund ($150,000), Blind Travel Foundaton Inc ($30,000) and Goodman Community Center ($30,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $352K in qualifying distributions that year, against a required minimum of $439K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD fund?
No foundation mission statement is provided. Its 2025 grants supported a range of charitable organizations. For example, Second Harvest Foodbank of Southern Wisconsin says its mission is to end hunger in southwest Wisconsin. See mission & focus areas ↑
How do I apply for a grant from DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's EIN?
DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's EIN (Employer Identification Number) is 39-1914595. IRS Form 990 filing data is available on this page for 2021–2025.
Does DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/david-g-and-nancy-b-walsh-family-foundation-ltd-morg_2c455ee3027f4d2fbe4be5d8dda4b8e1
BibTeX
@misc{grantable_391914595_2026,
author = {{Grantable}},
title = {{DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/david-g-and-nancy-b-walsh-family-foundation-ltd-morg_2c455ee3027f4d2fbe4be5d8dda4b8e1},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from DAVID G and NANCY B WALSH FAMILY FOUNDATION LTD's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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