The Walsh Foundation

CHICAGO, IL EIN: 36-3994447

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

16states
+8 more states

Cities

ALBANYARLINGTONBETHESDABOLINGBROOKBROOKLYNBURR RIDGECHICAGOCLEVELANDCOLUMBUSCRESTWOODDOWNERS GROVEDUMMERSTONEL CAJONELK GROVEFONTANAFONTANAONGENEVA LAKEHINSDALEINDIAN HEAD PARKKANSAS CITYLAGRANGE

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M68 grants202074 grants202169 grants202268 grants202367 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MISERICORDIA FOUNDATION$1.5MFRANCIS XAVIER WARDE SCH…$1.0MJOHN CARROLL UNIVERSITY$1.0MMARILLAC ST VINCENT FAMI…$700KMERCY HOME FOR BOYS AND …$550KCYSTIC FIBROSIS FOUNDATION$500KJESUIT INTERNATIONAL MIS…$500KNAZARETH ACADEMY$300KLURIE CHILDREN'S HOSPITA…$250KMOTHER MCAULEY HIGH SCHOOL$200K

Grant Size Distribution

250 grants across all recorded years

142<$50K35$50–100K34$100–250K12$250–500K13$500K–1M14$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
MATTHEW M WALSHCEO
JOYCE S WALSHTREAS/DIR
DANIEL J WALSHPRESIDENT
PATRICIA R WALSHSEC/DIR
E BRYAN DUNIGANDIRECTOR

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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