The Walter R Garrison Foundation

PHILADELPHIA, PA EIN: 82-1851668

The Walter R Garrison Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 3 grants totaling $6.4M. Net investment income was $331K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-56.0% YoY

Annual Giving

$6.4M

+8027.3% YoY

Grant Count

-57.1% YoY

Avg Grant Size

$2.1M

+18863.8% YoY

Under IRS private-foundation payout rules, The Walter R Garrison Foundation reported a distributable amount of $482K for 2024 — the minimum it must pay out in qualifying distributions.

About The Walter R Garrison Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $6.7M (100%)

Kansas $11K (0%)

States

Kansas Pennsylvania

Cities

LawrenceMediaPhiladelphiaWayne

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,784,163	$10,861,708	$6,130,545
Revenue	$331,065	$4,920,749	$4,856,872
Expenses	$6,724,548	$189,586	$138,019
Qualifying Distributions	$6,718,545	$79,086	$68,750
Net Investment Income	$331,065	$215,381	$11,978
Distributable Amount	$482,442	$312,368	$79,080

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pennsylvania Institute of Technology ($3,927,581), Philadelphia Youth Orchestra ($1,500,000), Musicopia Inc ($1,000,000).

Recipient	Purpose	Amount
PHILADELPHIA YOUTH ORCHESTRA PHILADELPHIA, PA	UNRESTRICTED	$1,500,000
PENNSYLVANIA INSTITUTE OF TECHNOLOGY MEDIA, PA	UNRESTRICTED	$3,927,581
MUSICOPIA INC PHILADELPHIA, PA	UNRESTRICTED	$1,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BARTON J WINOKUR	DIRECTOR, CHAIR	0.1	$10,000
MICHAEL EMMI	DIRECTOR	0.1	$10,000
LAWRENCE KARLSON	DIRECTOR	0.1	$10,000
WALTER STRINE JR	DIRECTOR	0.1	$10,000
JONATHAN W MEYER	DIRECTOR	0.1	$10,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Walter R Garrison Foundation?

The Walter R Garrison Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $4.8M in total assets as of 2024.

How large is The Walter R Garrison Foundation?

As of 2024, The Walter R Garrison Foundation holds $4.8M in total assets with $331K in annual revenue. It awarded 3 grants totaling $6.4M in 2024.

Where does The Walter R Garrison Foundation operate?

The Walter R Garrison Foundation has awarded grants in Kansas, Pennsylvania.

What size grants does The Walter R Garrison Foundation award?

In 2024, The Walter R Garrison Foundation awarded 3 grants totaling $6.4M — an average of about $2.1M per grant, based on its IRS Form 990 filings.

How much is The Walter R Garrison Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Walter R Garrison Foundation reported a distributable amount of $482K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Walter R Garrison Foundation's EIN?

The Walter R Garrison Foundation's EIN (Employer Identification Number) is 82-1851668. IRS Form 990 filing data is available on this page for 2020–2024.