Ha& LM Walsh Tr-Scholarship

Private foundation · Grantmaker Dallas, TX EIN: 05-6107149

Ha& LM Walsh Tr-Scholarship is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2019 through 2023. In 2023, it awarded 9 grants totaling $241K. Net investment income was $27K.

Key facts about Ha& LM Walsh Tr-Scholarship

In short: Ha& LM Walsh Tr-Scholarship gave $241K across 9 grants in 2023 (avg $27K), mostly in Rhode Island. Source: 2023 IRS Form 990-PF.

EIN
05-6107149
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$241,063
Grants made (2023)
9
Average grant
$26,785
Median grant
$250
Primary geography
Rhode Island (98% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$241K

+2042.8% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$27K

+1328.5% YoY

Under IRS private-foundation payout rules, Ha& LM Walsh Tr-Scholarship reported a distributable amount of $12K for 2023 — the minimum it must pay out in qualifying distributions.

How Ha& LM Walsh Tr-Scholarship gives

  • Giving grew 1952% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2023 grant dollars across all 9 itemized grants.

Cities

BostonWakefieldWest NyackProvidenceKingstonWarwickAkronAmherstBristolCharlotteCoral GablesNew YorkNewarkPhiladelphia

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K6 grants2019 5 grants2020 7 grants2021 6 grants2022 9 grants2023

From 2019 to 2023, annual grant giving ranged from $10K (2019) to $241K (2023). In 2023 it made 9 grants totaling $241K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2023

The Rhode Island Foundation: $232KThe Rhode Island Foundation$232KJoslin Diabetes Center: $3KJoslin Diabetes Center$3KSouth County Hospital: $3KSouth County Hospital$3KThe Salvation Army: $3KThe Salvation Army$3KUniversity of Rhode Island: $250University of Rhode Island$250Community College of Rhode Island: $250Community College of RhodeIsland$250University of Delaware: $250University of Delaware$250Brown University: $250Brown University$250University of Miami: $250University of Miami$250

The largest 2023 recipient was The Rhode Island Foundation ($232K). Together the top 9 received $241K.

Grant Size Distribution

33 grants across all recorded years

32<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 33 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Rhode Island Foundation Providence, RIUnrestricted General$232,313
Joslin Diabetes Center Boston, MAUnrestricted General$2,500
South County Hospital Wakefield, RIUnrestricted General$2,500
The Salvation Army West Nyack, NYUnrestricted General$2,500
University of Rhode Island Kingston, RIScholarships$250
Community College of Rhode Island Warwick, RIScholarships$250
University of Delaware Newark, DEScholarship$250
Brown University Providence, RIScholarship$250
University of Miami Coral Gables, FLScholarship$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$241,807$274,360
Revenue$30,175$-4,614$60,942
Expenses$252,726$27,947$19,444
Qualifying Distributions$249,566$23,128$15,488
Net Investment Income$26,724$1,713$56,837
Distributable Amount$12,270$13,396$15,130

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 23, 2020)
  2. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Ha& LM Walsh Tr-Scholarship's only listed officer is Bank Of America, Trustee on every filing since 2019 (compensated).

Officers on the 2023 filing

  • Bank Of America

    Trustee

    On filings since 2019

    1 hr/week

    $4K (2019) → $2K (2023)

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Bank of America — Trustee: $2KBank of AmericaTrustee$2K

The highest reported compensation on the 2023 filing was $2K, to Bank of America (Trustee).

Frequently asked questions about Ha& LM Walsh Tr-Scholarship

How much does Ha& LM Walsh Tr-Scholarship give each year?

Ha& LM Walsh Tr-Scholarship gave $241K across 9 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $11K across 6 grants.

What is Ha& LM Walsh Tr-Scholarship's typical grant size?

Ha& LM Walsh Tr-Scholarship's median grant in 2023 was $250, and its average grant was $26,785, across 9 grants on its 2023 IRS Form 990-PF.

Where does Ha& LM Walsh Tr-Scholarship give grants?

Ha& LM Walsh Tr-Scholarship gives mostly in Rhode Island: 98% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Providence, RI (2 grants).

Does Ha& LM Walsh Tr-Scholarship give general operating support?

Yes: 44% of Ha& LM Walsh Tr-Scholarship's 2023 grants with a stated purpose (4 of 9) were for general or operating support, per its 2023 IRS Form 990-PF. Recurring purposes include "Scholarship" (3 grants).

Who are Ha& LM Walsh Tr-Scholarship's largest grantees?

Ha& LM Walsh Tr-Scholarship's largest 2023 grantees include The Rhode Island Foundation ($232,313), Joslin Diabetes Center ($2,500) and South County Hospital ($2,500), according to its 2023 IRS Form 990-PF. Together they received 98% of its itemized 2023 grant dollars.

What is Ha& LM Walsh Tr-Scholarship?

Ha& LM Walsh Tr-Scholarship is a private foundation focused on Education, based in Dallas, TX.

How much is Ha& LM Walsh Tr-Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Ha& LM Walsh Tr-Scholarship reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ha& LM Walsh Tr-Scholarship's EIN?

Ha& LM Walsh Tr-Scholarship's EIN (Employer Identification Number) is 05-6107149. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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