Walter Family Foundation Inc

CHICAGO, IL EIN: 46-1384089

Walter Family Foundation Inc is a private foundation based in Chicago, Illinois, established in Delaware and designated as a 501(c)(3) organization. The foundation has been tax-exempt since July 2014. It operates as a family foundation focused on philanthropic grantmaking across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.8M

+33.3% YoY

Grant Count

31

+40.9% YoY

Avg Grant Size

$89K

-5.4% YoY

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

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Social equity and opportunity
  • Conservation and environmental protection

Grantmaking

The foundation makes grants supporting organizations working in education, human services, and philanthropic capacity-building, with particular emphasis on creating equitable opportunities and supporting conservation efforts.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking extends across multiple states, with documented activity in:

  • Illinois
  • Georgia
  • California
  • Michigan
  • Florida

Grant Distribution by State

17states
+9 more states

Cities

ARLINGTONATLANTABEVERLY HILLSBOSTONCARBONDALECHICAGOCONCORDCRESTED BUTTEDALLASDAVENPORTE SAINT LOUISEVANSTONHIGHLAND PARKHUGHSONJOLIETKEITHVILLELOS ANGELESMEMPHISMIAMI BEACHNASHVILLE

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total Assets: $575,231
  • Total Giving: $2,755,200

Prior Year Data (2023):

  • Total Assets: $553,000
  • Total Liabilities: $36.5 Million
  • Expenses: $2.14 Million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
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$2M$4M$6M$8M26 grants201920 grants202017 grants202124 grants202222 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LINCOLN PARK ZOOLOGICAL …$1.4MONEGOAL$500KCHICAGO THEATRE GROUP INC$359KCENTER FOR THE ARTS$50KFIELD MUSEUM OF NATURAL …$50KJACKIE JOYNER KERSEE FOU…$50KNORTHWESTERN UNIVERSITY$45KST TERESA OF AVILA PARISH$41KBEYOND HUNGER$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

Among its reported 2024 grants, the largest include Lincoln Park Zoological Society ($1,450,000), Onegoal ($500,000), Chicago Theatre Group Inc ($359,200).

RecipientPurposeAmount
5050 FOUNDATION AKA TEAM MOOKIE NASHVILLE, TNSUPPORTS TOURNAMENT RELATED COSTS FOR 4 BASKETBALL TEAMS, TOTAL 39 HIGH SCHOOL AGE PLAYERS$10,000
AMERICAN CANCER SOCIETY INC ATLANTA, GATO IMPROVE THE LIVES OF PEOPLE WITH CANCER AND THEIR FAMILIES THROUGH ADVOCACY, RESEARCH AND PATIENT SUPPORT TO ENSURE EVERYONE HAS AN OPPORTUNITY TO PREVENT, DETECT, TREAT AND SURVIVE CANCER$10,000
ARMORY CENTER FOR THE ARTS PASADENA, CATO NURTURE OUR COMMUNITY AND ITS YOUNG PEOPLE BY CREATING, LEARNING AND PRESENTING ART TO ADVANCE EQUITY AND SOCIAL JUSTICE$1,000
BEYOND HUNGER OAK PARK, ILTO HARNESS THE POWER OF COMMUNITY TO END LOCAL HUNGER$25,000
CATCHING HOPE DBA DEVON A SMITH GEN PTR RALEIGH, NCRELIGION$10,000
CENTER FOR THE ARTS CRESTED BUTTE, COENRICHING THE COMMUNITY THROUGH ARTS AND CULTURAL EXPERIENCE FOR EVERYONE$50,000
CHICAGO HISTORICAL SOCIETY AKA CHICAGO HISTORY MUSEUM CHICAGO, ILTO SHARE CHICAGO'S STORIES, SERVING AS A HUB OF SCHOLARSHIP AND LEARNING, INSPIRATION AND CIVIC ENGAGEMENT$10,000
CHICAGO INTERNATIONAL FILM FESTIVAL INC CINEMA-CHICAGO CHICAGO, ILENRICHES THE COMMUNITY THROUGH YEAR-ROUND PROGRAMMING DEVOTED TO INTERNATIONAL AND INDEPENDENT CINEMA$10,000
CHICAGO PUBLIC MEDIA INC CHICAGO, ILSERVE THE PUBLIC INTEREST BY CREATING AND DELIVERING DIVERSE, COMPELLING CONTENT THAT INFORMS, INSPIRES, ENRICHES AND ENTERTAINS$10,000
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARK WALTERPRESIDENT1
KIMBRA WALTERVICE PRESIDENT1
MATTHEW SENNETTTREASURER1
ROBERT FEDORISSECRETARY3

Recent News & Activity

Recent developments and announcements

The foundation has announced several significant grants in recent years:

**$25 Million Grant to the Conservancy of Southwest Florida** - A transformative gift supporting conservation and environmental protection efforts in Southwest Florida, with plans for a redesigned nature center experience.

The Conservancy of Southwest Florida Announces Transformative $25 Million

**Support for Michigan Communities** - The foundation has funded transformative projects strengthening Michigan communities through various initiatives.

Walters Family Foundation Funds Transformative Projects That Strengthen Michigan

The foundation maintains an active grantmaking program with ongoing support for organizations aligned with its focus areas in social equity, opportunity, sustainability, and conservation.

Attica Community Foundation Awards $30,000 Grant to Support New Playground

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Walter Family Foundation Inc fund?

The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Social equity and opportunity • Conservation and environmental protection

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

**Grant Characteristics:** • Typical award range: $200 to $3,365,000 • Total giving (2024): $2,755,200 The foundation makes grants supporting organizations working in education, human services, and philanthropic capacity-building, with particular emphasis on creating equitable opportunities and supporting conservation efforts.

Where does Walter Family Foundation Inc make grants?

The foundation's grantmaking extends across multiple states, with documented activity in: • Illinois • Georgia • California • Michigan • Florida

What size grants does Walter Family Foundation Inc award?

In 2024, Walter Family Foundation Inc awarded 31 grants totaling $2.8M — an average of about $89K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in Walter Family Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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