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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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