The Walter Kaitz Foundation
The Walter Kaitz Foundation champions diversity, equity, and inclusion in the cable, media, entertainment, and technology industries. The foundation supports initiatives that develop and advance historically underrepresented talent to drive innovation, business performance, and positive community impact.
The Walter Kaitz Foundation at a glance
In short: The Walter Kaitz Foundation gave $4.2M across 5 grants in 2024 (avg $848K), mostly in District of Columbia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $4,237,567
- +452.9% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $847,513
- +452.9% vs 2023
- Median grant
- $300,000
- Primary geography
- District of Columbia (81% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Walter Kaitz Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was NCTA Education Foundation Inc ($3.1M). Together the top 5 received $4.2M.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was in the $100–250K range: 9 grants of 22 (41%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How The Walter Kaitz Foundation gives
- Giving grew 413% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $673K (2022) to $4.2M (2024). In 2024 it made 5 grants totaling $4.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NCTA Education Foundation Inc Washington, DC | Promote Diversity in the Cable Industry | $3,137,567 |
| Natl Assoc for Multi-Ethnicity in Comm New York, NY | Promote Diversity in the Cable Industry | $340,000 |
| The Wict Network Inc Washington, DC | Promote Diversity in the Cable Industry | $300,000 |
| Emma Bowen Foundation Katonah, NY | Promote Diversity in the Cable Industry | $285,000 |
| T Howard Foundation Silver Spring, MD | Promote Diversity in the Cable Industry | $175,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | — | $1,202,826 | $4,605,087 | $4,237,567 | 5 | $261,990 |
| 2023 | $3,666,462 | $1,531,214 | $1,815,946 | $766,450 | 5 | $90,598 |
| 2022 | $3,662,471 | $1,635,283 | $1,565,848 | $672,654 | 4 | $66,755 |
| 2021 | $4,291,830 | $1,584,583 | $1,734,155 | $826,600 | 4 | $137,469 |
| 2020 | $4,213,777 | $1,589,355 | $1,651,345 | $812,130 | 4 | $200,205 |
About The Walter Kaitz Foundation
Based on IRS filings
The Walter Kaitz Foundation is a public charity focused on Arts, Culture & Humanities, based in Washington, DC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $4.2M. Net investment income was $262K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Walter Kaitz Foundation is led by Michael Powell, President & CEO on every filing since 2020; none of the 19 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Powell
President & CEO
On filings since 2020
3 hrs/week
No compensation reported
Pat McAdaragh
Chairman
Vice Chairman → Chairman, 2022
On filings since 2020
1 hr/week
No compensation reported
Alfred Liggins III
Director
On filings since 2020
1 hr/week
No compensation reported
James Pitaro
Director
On filings since 2020
1 hr/week
No compensation reported
John D. Evans
Director
On filings since 2020
1 hr/week
No compensation reported
John Pascarelli
Director
On filings since 2020
1 hr/week
No compensation reported
Paul Buccieri
Director
On filings since 2020
1 hr/week
No compensation reported
Richard Sjoberg
Director
On filings since 2020
1 hr/week
No compensation reported
Ronald Duncan
Director
On filings since 2020
1 hr/week
No compensation reported
Sandy Howe
Director
On filings since 2020
1 hr/week
No compensation reported
Kathleen Finch
Director
On filings since 2022
1 hr/week
No compensation reported
Chris Winfrey
Director
On filings since 2023
1 hr/week
No compensation reported
Chuck Treadway
Director
On filings since 2023
1 hr/week
No compensation reported
Kristin Dolan
Director
On filings since 2023
1 hr/week
No compensation reported
Suzanne Scott
Director
On filings since 2023
1 hr/week
No compensation reported
Dave Watson
Treasurer
Immediate Past Chairman → Treasurer & Immediate Past Chairman, 2023
Treasurer & Immediate Past Chairman → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Bob Bakish
Secretary
On filings since 2021
1 hr/week
No compensation reported
Mark Greatrex
Vice Chairman
Treasurer → Vice Chairman, 2023
On filings since 2022
1 hr/week
No compensation reported
Nilda Gumbs
Chief of Staff
On filings since 2023
11 hrs/week
No compensation reported
Former officers (15)
- Former: David Nevins (2020–2023) — Outgoing Director
- Former: Frank Drendel (2020–2023) — Outgoing Director
- Former: Joshua Sapan (2020–2023) — Outgoing Director
- Former: Phil Spencer (2020–2023) — Outgoing Director
- Former: Thomas Rutledge (2020–2023) — Outgoing Vice Chairman
- Former: Wonya Lucas (2022–2023) — Director
- Former: Charlie Collier (2020–2022) — Director
- Former: David Zaslav (2020–2022) — Director
- Former: Jason Kilar (2020–2022) — Director
- Former: Michelle Ray (2020–2022) — Executive Director
- Former: Patrick Esser (2020–2022) — Director
- Former: Gary Shorman (2020) — Treasurer
- Former: John Stankey (2020) — Director
- Former: Phil McKinney (2020) — Director
- Former: Robert Bakish (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "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 Walter Kaitz Foundation
How much does The Walter Kaitz Foundation give each year?
The Walter Kaitz Foundation gave $4.2M across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $766K across 5 grants.
What is The Walter Kaitz Foundation's typical grant size?
The Walter Kaitz Foundation's median grant in 2024 was $300,000, and its average grant was $847,513, across 5 grants on its 2024 IRS Form 990.
Where does The Walter Kaitz Foundation give grants?
The Walter Kaitz Foundation gives mostly in District of Columbia: 81% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New York (15%). The most frequent recipient cities were Washington, DC (2 grants).
Does The Walter Kaitz Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on The Walter Kaitz Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Promote Diversity in the Cable Industry" (5 grants).
Who are The Walter Kaitz Foundation's largest grantees?
The Walter Kaitz Foundation's largest 2024 grantees include NCTA Education Foundation Inc ($3,137,567), Natl Assoc for Multi-Ethnicity in Comm ($340,000) and The Wict Network Inc ($300,000), according to its 2024 IRS Form 990. Together they received 89% of its itemized 2024 grant dollars.
What is The Walter Kaitz Foundation?
The Walter Kaitz Foundation is a public charity focused on Arts, Culture & Humanities, based in Washington, DC.
What is The Walter Kaitz Foundation's EIN?
The Walter Kaitz Foundation's EIN (Employer Identification Number) is 94-2666764. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Walter Kaitz Foundation funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Walter Kaitz Foundation's focus areas in our free grants database
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