The Arthur L and Lily D Walters
The Arthur L and Lily D Walters is a private foundation based in Arlington, Virginia. Its 2025 filing reports 20 grants totaling $129,500, including support for environmental and wildlife protection, education, health care, and other charitable purposes.
The Arthur L and Lily D Walters at a glance
In short: The Arthur L and Lily D Walters gave $130K across 20 grants in 2025 (avg $6K), top state District of Columbia. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $129,500
- +12.1% vs 2024
- Grants made (2025)
- 20
- +0.0% vs 2024
- Average grant
- $6,475
- +12.1% vs 2024
- Median grant
- $5,000
- Total assets
- $2,555,206
- +16.5% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 20, 2025; small sample)
- Primary geography
- District of Columbia (25% 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 The Arthur L and Lily D Walters
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1005 N Glebe Road Suite 100, Arlington, VA 22201
Phone: (703) 522-2200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Arthur L and Lily D Walters funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Trout Unlimited ($20K). Together the top 10 received $103K.
Grant Size Distribution
96 grants across all recorded years
The most common grant size was under $50K: 96 grants of 96 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in several states. The largest reported shares went to recipients in DC (25%), Virginia (15%), and West Virginia (15%), followed by Florida (8%) and Indiana (8%).
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is The Arthur L and Lily D Walters open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 20 grantees (0%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving grew 36% from 2022 to 2025. Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $75K (2020) to $130K (2025). In 2025 it made 20 grants totaling $130K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trout Unlimited Wooly Bugger, WV | Protection of Fisheries | $20,000 |
| Nature Conservancy Arlington, VA | Protection of the Environment | $15,000 |
| World Wildlife Fund Washington, DC | Protection of Endangered Species | $15,000 |
| Parkinsons Foundation Miami, FL | Support for Parkinson Sufferers | $10,000 |
| Mara Elephant Project Carmel, IN | Protection or Elephant Species | $10,000 |
| Hyde School Bath, ME | Traditional Education | $10,000 |
| Judicial Watch Washington, DC | Educational Foundation | $7,500 |
| Doctors Without Borders New York, NY | Medical Care and Assistance | $5,000 |
| So Others Might Eat Washington, DC | Feeding the Hungry | $5,000 |
| St Judes Childrens Hospital Memphis, TN | Medical Services | $5,000 |
Ready to take the next step with The Arthur L and Lily D Walters?
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 | $2,555,206 | $188,217 | $137,381 | $129,500 | 20 | $129,500 | $130,336 | $117,425 |
| 2024 | $2,193,817 | $-68,381 | $117,856 | $115,500 | 20 | $115,500 | $67,767 | $104,572 |
| 2023 | $1,893,481 | $74,203 | $109,560 | $108,000 | 19 | $108,000 | $72,224 | $95,362 |
| 2022 | $1,930,314 | $101,106 | $107,412 | $95,000 | 19 | $95,000 | $88,694 | $90,831 |
| 2021 | $1,723,757 | $76,502 | $82,370 | $79,500 | 18 | $79,500 | $71,513 | $84,036 |
| 2020 | $1,535,097 | $61,797 | $79,319 | $75,000 | 15 | — | $57,478 | $76,736 |
| 2019 | $1,854,584 | $398,915 | $129,402 | $124,700 | 17 | — | $394,213 | $85,906 |
Under IRS private-foundation payout rules, The Arthur L and Lily D Walters reported a distributable amount of $117K 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 mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas including conservation, education, health care, and assistance to people in need. For example, World Wildlife Fund describes its mission as conserving nature and reducing the most pressing threats to life’s diversity; Hyde School says its mission is to develop character and discover unique potential; and Judicial Watch says it promotes integrity, transparency, and accountability in government and fidelity to the rule of law.
Grantmaking
In filing year 2025, the foundation gave 20 grants totaling $129,500. Grants ranged from $500 to $20,000, with a median grant of $5,000.
Among the largest reported grants were $20,000 to Trout Unlimited for protection of fisheries; $15,000 each to The Nature Conservancy for environmental protection and World Wildlife Fund for endangered-species protection; and $10,000 each to the Parkinson’s Foundation, Mara Elephant Project, and Hyde School. Other listed grants included $7,500 to Judicial Watch and $5,000 each to Doctors Without Borders, So Others Might Eat, St. Jude Children’s Hospital, Virginia Hospital Center Foundation, and Grand Teton Park Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Arthur L Walters, Arthur L Walters III, and Sherry K Matricardi as directors. Mark W Walters is listed as “DIRECTOR AND.”
The Arthur L and Lily D Walters's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Arthur L. Walters
Director
President → Director, 2022
On filings since 2019
No compensation reported
Arthur L. Walters III
Director
On filings since 2019
No compensation reported
Mark W. Walters
Director
On filings since 2019
No compensation reported
Sherry K. Matricardi
Director
On filings since 2019
No compensation reported
Former officers (1)
- Former: Thomas E. Goodfellow (2019–2023) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Arthur L and Lily D Walters
How much does The Arthur L and Lily D Walters give each year?
The Arthur L and Lily D Walters gave $130K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $116K across 20 grants.
What is The Arthur L and Lily D Walters's typical grant size?
The Arthur L and Lily D Walters's median grant in 2025 was $5,000, and its average grant was $6,475, across 20 grants on its 2025 IRS Form 990-PF.
Where does The Arthur L and Lily D Walters give grants?
The Arthur L and Lily D Walters's top state is District of Columbia, with 25% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (15%) and West Virginia (15%). The most frequent recipient cities were Washington, DC (5 grants) and Arlington, VA (2 grants).
Does The Arthur L and Lily D Walters give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on The Arthur L and Lily D Walters's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Arthur L and Lily D Walters's largest grantees?
The Arthur L and Lily D Walters's largest 2025 grantees include Trout Unlimited ($20,000), Nature Conservancy ($15,000) and World Wildlife Fund ($15,000), according to its 2025 IRS Form 990-PF. Together they received 39% of its itemized 2025 grant dollars.
How large is The Arthur L and Lily D Walters?
The Arthur L and Lily D Walters reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $130K in qualifying distributions that year, against a required minimum of $117K (roughly 5% of its investment assets).
What does The Arthur L and Lily D Walters fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas including conservation, education, health care, and assistance to people in need. See mission & focus areas ↑
How do I apply for a grant from The Arthur L and Lily D Walters?
The foundation states on its 2024 filing 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 The Arthur L and Lily D Walters's EIN?
The Arthur L and Lily D Walters's EIN (Employer Identification Number) is 80-0111331. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Arthur L and Lily D Walters 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 5, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work The Arthur L and Lily D Walters funds
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Cite this profile
Grantable. (2026). The Arthur L and Lily D Walters funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/the-arthur-l-and-lily-d-walters-morg_d92e68150ebc477d93a0eee6967adede
BibTeX
@misc{grantable_800111331_2026,
author = {{Grantable}},
title = {{The Arthur L and Lily D Walters funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-arthur-l-and-lily-d-walters-morg_d92e68150ebc477d93a0eee6967adede},
note = {Accessed 2026-10-22. 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 The Arthur L and Lily D Walters'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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