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