Mary T Walker & Charles D Walker Charitable Foundation Inc is a private foundation based in Indianapolis, Indiana. Its website describes a mission of helping underprivileged, inner-city students complete college or trade school without debt and prepare for their careers and lives.
Key facts about Mary T Walker & Charles D Walker Charitable Foundation Inc
In short: Mary T Walker & Charles D Walker Charitable Foundation Inc gave $327K across 31 grants in 2025 (avg $11K), mostly in Indiana. 6% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 47-3294790
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $327,315
- Grants made (2025)
- 31
- Average grant
- $10,559
- Median grant
- $5,031
- New grantees (estimate)
- 6% first-time grantees (2 of 31, 2025)
- Total assets
- $1,804,101
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Deadline
- The 2024 filing listed deadlines as “various, usually Nov.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
-9.3% YoY
Annual Giving
$327K
+8.1% YoY
Grant Count
31
-20.5% YoY
Avg Grant Size
$11K
+36.0% YoY
Is Mary T Walker & Charles D Walker Charitable Foundation Inc open to new grantees?
6%
first-time grantees, 2025
In 2025, 2 of 31 grantees (6%) were first-time recipients. First grants averaged $448; repeat grants $11K. How we count
Medians: $448 first-time, $5K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s website says Charles and James Walker established it to help underprivileged, inner-city students successfully complete college or trade school without debt. The website also describes mentorship as part of its scholarship program. The 2024 filing identifies advanced education as the foundation’s main charitable purpose and restricts awards to students in Indianapolis inner-city public schools.
Grantmaking
In 2025, the foundation reported 31 grants totaling $327,315. Grant amounts ranged from $90 to $98,000, with a median of $5,031. The largest listed grant was $98,000 to IMCU account in Indianapolis for education. Other large listed awards went to students in Indianapolis: Student T received $33,093; Student D, $26,890; Student W, $24,247; and Student B, $18,482. The filing labels these awards’ purposes as education or Education.
Review Cycle
The 2024 filing listed deadlines as “various, usually Nov. 1st each year.” The Nov. 1, 2024 cycle is past.
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Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Indiana. The foundation’s website describes its scholarship support as serving students in the Indianapolis Public School system, and the 2024 filing restricts awards to students in Indianapolis inner-city public schools.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $132K (2020) to $327K (2025). In 2025 it made 31 grants totaling $327K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was IMCU account ($98K). Together the top 10 received $261K.
Grant Size Distribution
123 grants across all recorded years
The most common grant size was under $50K: 119 grants of 123 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IMCU account Indianapolis, IN | education | $98,000 |
| Student T Indianapolis, IN | education | $33,093 |
| Student D Indianapolis, IN | Education | $26,890 |
| Student W Indianapolis, IN | education | $24,247 |
| Student B Indianapolis, IN | Education | $18,482 |
| Student A Indianapolis, IN | Education | $14,823 |
| Student U Indianapolis, IN | education | $13,072 |
| Student R Indianapolis, IN | education | $12,474 |
| Student I Indianapolis, IN | education | $10,256 |
| Student X Indianapolis, IN | education | $9,370 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $1,804,101 | $148,721 | $337,962 | $327,315 |
| 2024 | $1,988,648 | $74,612 | $311,294 | $302,855 |
| 2023 | $2,165,997 | $70,484 | $188,534 | $175,824 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,804,101 | $1,988,648 | $2,165,997 |
| Revenue | $148,721 | $74,612 | $70,484 |
| Expenses | $337,962 | $311,294 | $188,534 |
| Qualifying Distributions | — | $311,294 | $188,534 |
| Net Investment Income | $148,721 | $100,761 | $77,181 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 28, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Richard L Norris as president, Lee C Christie as secretary, Patricia Magnuson, Jacqueline Blackwell Leonard, Timothy Bass Sr, and Golam Mannan as directors, and Scott Girman as treasurer. The foundation’s website says its board members serve as volunteers.
Mary T Walker & Charles D Walker Charitable Foundation Inc is led by Richard L Norris, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard L Norris
President
On filings since 2020
No compensation reported
Timothy Bass Sr.
Director
On filings since 2020
No compensation reported
Golam Mannan
Director
On filings since 2021
No compensation reported
Jacqueline Blackwell Leonard
Director
On filings since 2023
No compensation reported
Patricia Magnuson
Director
On filings since 2024
No compensation reported
Lee C Christie
Secretary
On filings since 2020
No compensation reported
Scott Girman
Treasurer
Director → Treasurer, 2025
On filings since 2020
No compensation reported
Former officers (3)
- Former: Charles Kelley (2020–2023) — Director
- Former: Jacqueline Blackwell (2020–2022) — Director
- Former: Mannon Golam (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Richard L Norris
Mailing address: 101 W Ohio Street 9Th Floor, Indianapolis, IN 46204
Phone: (317) 269-9330
Website: https://www.walkercharitablefoundation.org/
Frequently asked questions about Mary T Walker & Charles D Walker Charitable Foundation Inc
How much does Mary T Walker & Charles D Walker Charitable Foundation Inc give each year?
Mary T Walker & Charles D Walker Charitable Foundation Inc gave $327K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $303K across 39 grants.
What is Mary T Walker & Charles D Walker Charitable Foundation Inc's typical grant size?
Mary T Walker & Charles D Walker Charitable Foundation Inc's median grant in 2025 was $5,031, and its average grant was $10,559, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mary T Walker & Charles D Walker Charitable Foundation Inc that year got $448 on average.
Where does Mary T Walker & Charles D Walker Charitable Foundation Inc give grants?
Mary T Walker & Charles D Walker Charitable Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (31 grants).
Does Mary T Walker & Charles D Walker Charitable Foundation Inc give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on Mary T Walker & Charles D Walker Charitable Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (24 grants) and "Mentor" (5 grants).
Who are Mary T Walker & Charles D Walker Charitable Foundation Inc's largest grantees?
Mary T Walker & Charles D Walker Charitable Foundation Inc's largest 2025 grantees include IMCU account ($98,000), Student T ($33,093) and Student D ($26,890), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Mary T Walker & Charles D Walker Charitable Foundation Inc?
Mary T Walker & Charles D Walker Charitable Foundation Inc reported $1.8M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $149K.
What does Mary T Walker & Charles D Walker Charitable Foundation Inc fund?
The foundation’s website says Charles and James Walker established it to help underprivileged, inner-city students successfully complete college or trade school without debt. The website also describes mentorship as part of its scholarship program. See mission & focus areas ↑
How do I apply for a grant from Mary T Walker & Charles D Walker Charitable Foundation Inc?
Mary T Walker & Charles D Walker Charitable Foundation Inc has no public application process in the sources Grantable reviewed. Check walkercharitablefoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Mary T Walker & Charles D Walker Charitable Foundation Inc's EIN?
Mary T Walker & Charles D Walker Charitable Foundation Inc's EIN (Employer Identification Number) is 47-3294790. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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