The Walsh Foundation is a private independent foundation based in Chicago, Illinois, established around 1995. It serves as the charitable arm of the Walsh family's commitment to philanthropy and community investment. The foundation is affiliated with The Walsh Group, one of Chicago's and the nation's most successful construction companies founded in 1898.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$11.7M
-11.2% YoY
Grant Count
67
-1.5% YoY
Avg Grant Size
$175K
-9.8% YoY
Mission & Focus Areas
The Walsh Foundation was created specifically to encourage inner-city minority and female students to study and intern in the construction and engineering fields. The foundation supports nonprofit organizations involved with:
- Arts and Culture
- Education
- Social Services
- Catholic institutions
- Civic charities
The foundation operates as a trustee-directed grantmaking organization, with directors investing foundation assets in a prudent manner consistent with the foundation's charitable purposes and fiduciary duty.
Grantmaking
The foundation provides major grants annually to educational, church, and civic charities. Specific grant programs and amounts are not publicly advertised.
Grant Types
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation focuses on the Chicago, Illinois area with emphasis on local communities. Grantmaking extends to nonprofit organizations in Illinois, Indiana, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $186,418,113
- Total Revenues: $16,889,528
- Total Expenses: $13,281,395
- Annual Charitable Disbursements: $11,718,977
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Misericordia Foundation ($1,510,000), Francis Xavier Warde School ($1,000,000), John Carroll University ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVOCATE HEALTH FOUNDATION OAK BROOK, IL | GENERAL CHARITABLE PURPOSES | $25,000 |
| AMERICAN HEART ASSOCIATION CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $50,000 |
| ASCENSION HEALTH FOUNDATION ELK GROVE, IL | GENERAL CHARITABLE PURPOSES | $80,000 |
| ASSUMPTION PARISH CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $5,000 |
| AUDITORIUM THEATRE CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $5,000 |
| BARNSTABLE BROWN GALA LOUISVILLE, KY | GENERAL CHARITABLE PURPOSES | $50,000 |
| BEACON FOUNDATION ST PAUL, MN | GENERAL CHARITABLE PURPOSES | $50,000 |
| BEVERLY AREA PLANNING ASSOCIATION CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $5,000 |
| BIG SHOULDERS FUND CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $100,000 |
| CATHOLIC EXTENSION SOCIETY CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $110,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Walsh Foundation was established by brothers Matthew M. Walsh and Daniel J. Walsh, co-chairmen of The Walsh Group. The foundation is administered through MJMS Family Office Services LLC.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW M WALSH | CEO | — | — |
| JOYCE S WALSH | TREAS/DIR | — | — |
| DANIEL J WALSH | PRESIDENT | — | — |
| PATRICIA R WALSH | SEC/DIR | — | — |
| E BRYAN DUNIGAN | DIRECTOR | — | — |
Contact Information
Address: 190 S. LaSalle Street, Suite 1700, Chicago, IL 60603-3496
Phone: (312) 346-4101
Website: www.walshgroup.com/ourcompany.html
EIN: 36-3994447
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Walsh Foundation fund?
The Walsh Foundation was created specifically to encourage inner-city minority and female students to study and intern in the construction and engineering fields. The foundation supports nonprofit organizations involved with: • Arts and Culture • Education • Social Services • Catholic institutions • Civic charities The foundation operates as a trustee-directed grantmaking organization, with directors investing foundation assets in a prudent manner consistent with the foundation's charitable pur…
How do I apply for a grant from The Walsh Foundation?
**Grant Activity:** • Made 70 grants in the most recent year • Total charitable disbursements: $11.7 million (2024) • Typical award range: $2,000–$3,625,000 **Grant Types:** The foundation provides major grants annually to educational, church, and civic charities. Specific grant programs and amounts are not publicly advertised. **Application Process:** No application process details are publicly disclosed.
Where does The Walsh Foundation make grants?
The foundation focuses on the Chicago, Illinois area with emphasis on local communities. Grantmaking extends to nonprofit organizations in Illinois, Indiana, and Wisconsin.
What size grants does The Walsh Foundation award?
In 2024, The Walsh Foundation awarded 67 grants totaling $11.7M — an average of about $175K per grant, based on its IRS Form 990 filings.
What is The Walsh Foundation's EIN?
The Walsh Foundation's EIN (Employer Identification Number) is 36-3994447. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Walsh Foundation's focus areas in our free grants database
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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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