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Walter Family Foundation Inc

Foundation · Grantmaker Chicago, IL EIN: 46-1384089 Website

WALTER FAMILY FOUNDATION INC is a private foundation based in Chicago, Illinois. Its 2024 grants supported organizations working in areas including wildlife and conservation, postsecondary advising, the arts, education, youth development, and hunger relief.

Key facts about Walter Family Foundation Inc

In short: Walter Family Foundation Inc gave $2.8M across 31 grants in 2024 (avg $89K), mostly in Illinois. 45% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.

EIN
46-1384089
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$2,755,200
Grants made (2024)
31
Average grant
$88,877
Median grant
$10,000
New grantees (estimate)
45% first-time grantees (14 of 31, 2024)
Primary geography
Illinois (95% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

—

Annual Giving

$2.8M

+33.3% YoY

Grant Count

31

+40.9% YoY

Avg Grant Size

$89K

-5.4% YoY

Is Walter Family Foundation Inc open to new grantees?

45%

first-time grantees, 2024

In 2024, 14 of 31 grantees (45%) were first-time recipients. First grants averaged $9K; repeat grants $155K. How we count

Medians: $10K first-time, $25K repeat.

  • 42% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−3%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2024 grants went to organizations with varied missions. For example, Lincoln Park Zoological Society describes its mission as connecting people with nature through a free, family-oriented wildlife experience and advancing animal care, education, science, and conservation. OneGoal says it provides underserved students with resources, support, and a network to earn a postsecondary degree. Chicago Theatre Group says it produces classic and contemporary works and gives voice to a wide range of artists and visions.

Other 2024 recipients include the Jackie Joyner-Kersee Foundation, whose stated mission is to help youth in the greater East St. Louis area succeed in academics, athletics, and leadership; the Field Museum of Natural History, which describes itself as an educational institution focused on relationships in nature and among cultures; and One Acre Fund, which says it works to help hunger-affected farm families in Africa lift themselves out of hunger and poverty.

Grantmaking

In 2024, the foundation awarded 31 grants totaling $2,755,200. Grants ranged from $500 to $1,450,000, with a median of $10,000.

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Geographic Focus

Where this funder awards grants

In 2024, 95% of grant dollars went to recipients in Illinois. The remaining reported shares went to Colorado (2%), California (1%), Georgia (1%), and North Carolina (1%).

Grant Distribution by State

17states

Share of all 31 itemized 2024 grant dollars.

Cities

ChicagoLos AngelesE Saint LouisOak ParkAtlantaCrested ButteDallasEvanstonHighland ParkHughsonRaleighStockbridgeWashingtonBeverly HillsKeithvilleMiami BeachPleasantonRoselandSanta MonicaTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M26 grants201920 grants202017 grants202124 grants202222 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Lincoln Park Zoological Society: $1.4MLincoln Park ZoologicalSociety$1.4MOnegoal: $500KOnegoal$500KChicago Theatre Group Inc: $359KChicago Theatre Group Inc$359KCenter for the Arts: $50KCenter for the Arts$50KField Museum of Natural History: $50KField Museum of NaturalHistory$50KJackie Joyner Kersee Foundation: $50KJackie Joyner KerseeFoundation$50KNorthwestern University: $45KNorthwestern University$45KSt Teresa of Avila Parish: $41KSt Teresa of Avila Parish$41KBeyond Hunger: $25KBeyond Hunger$25KMetro Squash NFP: $25KMetro Squash NFP$25K

Grant Size Distribution

114 grants across all recorded years

83<$50K10$50–100K5$100–250K3$250–500K5$500K–1M8$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
LINCOLN PARK ZOOLOGICAL SOCIETY Chicago, ILTO CONNECT PEOPLE WITH NATURE BY PROVIDING A FREE, FAMILY-ORIENTED WILDLIFE EXPERIENCE IN THE HEART OF CHICAGO AND BY ADVANCING THE HIGHEST QUALITY OF ANIMAL CARE, EDUCATION, SCIENCE AND CONSERVATION$1,450,000
ONEGOAL Chicago, ILTRANSFORMS POSTSECONDARY ADVISING AND SUPPORT SO THAT EVERY STUDENT HAS THE POWER TO DEFINE THEIR OWN FUTURE$500,000
CHICAGO THEATRE GROUP INC Chicago, ILCOMMITTED TO PRODUCING BOTH CLASSIC AND CONTEMPORARY WORKS, GIVING FULL VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS$359,200
CENTER FOR THE ARTS Crested Butte, COENRICHING THE COMMUNITY THROUGH ARTS AND CULTURAL EXPERIENCE FOR EVERYONE$50,000
FIELD MUSEUM OF NATURAL HISTORY Chicago, ILTO INSPIRE CURIOSITY ABOUT LIFE ON EARTH WHILE EXPLORING HOW THE WORLD CAME TO BE AND HOW WE CAN MAKE IT A BETER PLACE$50,000
JACKIE JOYNER KERSEE FOUNDATION E Saint Louis, ILTO INSTILL YOUTH IN THE GREATER EAST ST. LOUIS AREA WITH THE DREAM, DRIVE AND DETERMINATION NECESSARY TO SUCCEED IN ACADEMICS, ATHLETICS AND LEADERSHIP$50,000
NORTHWESTERN UNIVERSITY Evanston, ILCOMMITTED TO EXCELLENT TEACHING, INNOVATIVE RESEARCH AND THE PERSONAL AND INTELLECTUAL GROWTH OF ITS STUDENTS IN A DIVERSE ACADEMIC COMMUNITY$45,000
ST TERESA OF AVILA PARISH Chicago, ILFOR RELIGIOUS EDUCATION PROGRAMS$40,500
BEYOND HUNGER Oak Park, ILTO HARNESS THE POWER OF COMMUNITY TO END LOCAL HUNGER$25,000
METRO SQUASH NFP Chicago, ILCOMBINES ACADEMIC SUPPORT, COMPETITIVE SQUASH AND ENRICHMENT OPPORTUNITIES TO EMPOWER STUDENTS TO REALIZE THEIR POTENTIAL AND MAKE THEIR MARK$25,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Grant count
2024 $2,755,200 31
2023 $2,066,500 22
2022 $7,122,600 24
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.5$1$1.5201920202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Mark Walter as president, Kimbra Walter as vice president, Matthew Sennett as treasurer, and Robert Fedoris as secretary.

Walter Family Foundation Inc is led by Mark Walter, President on every filing since 2019; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mark Walter

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kimbra Walter

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Matthew Sennett

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Fedoris

    Secretary

    On filings since 2019

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 227 West Monroe Street 5000, Chicago, IL 60606
Phone: (312) 244-6980
Website: https://walterfamilyfoundation.com

Frequently asked questions about Walter Family Foundation Inc

How much does Walter Family Foundation Inc give each year?

Walter Family Foundation Inc gave $2.8M across 31 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $2.1M across 22 grants.

What is Walter Family Foundation Inc's typical grant size?

Walter Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $88,877, across 31 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Walter Family Foundation Inc that year got $9K on average.

Where does Walter Family Foundation Inc give grants?

Walter Family Foundation Inc gives mostly in Illinois: 95% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Chicago, IL (11 grants), Los Angeles, CA (2 grants) and Raleigh, NC (2 grants).

Does Walter Family Foundation Inc give general operating support?

Not in 2024: none of the 31 grants with a stated purpose on Walter Family Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support.

Who are Walter Family Foundation Inc's largest grantees?

Walter Family Foundation Inc's largest 2024 grantees include Lincoln Park Zoological Society ($1,450,000), Onegoal ($500,000) and Chicago Theatre Group Inc ($359,200), according to its 2024 IRS Form 990 filing. Together they received 84% of its itemized 2024 grant dollars.

What does Walter Family Foundation Inc fund?

No foundation mission statement is provided. Its 2024 grants went to organizations with varied missions. For example, Lincoln Park Zoological Society describes its mission as connecting people with nature through a free, family-oriented wildlife experience and advancing animal care, education, science, and conservation. OneGoal says it provides underserved students with resources, support, and a network to earn a postsecondary degree. Chicago Theatre Group says it produces classic and contempor…

How do I apply for a grant from Walter Family Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Walter Family Foundation Inc's EIN?

Walter Family Foundation Inc's EIN (Employer Identification Number) is 46-1384089. IRS Form 990 filing data is available on this page for 2019–2024.

Does Walter Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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