Walter Family Foundation

Private foundation · Grantmaker Los Angeles, CA EIN: 84-1408219

Walter Family Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $483K in total assets. In 2025, it awarded 2 grants totaling $32K. Net investment income was $27K.

Key facts about Walter Family Foundation

In short: Walter Family Foundation gave $32K across 2 grants in 2025 (avg $16K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

EIN
84-1408219
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$32,000
Grants made (2025)
2
Average grant
$16,000
Median grant
$16,000
Total assets
$482,939
Primary geography
Colorado (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$483K

-6.9% YoY

Annual Giving

$32K

-37.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$16K

-37.9% YoY

Under IRS private-foundation payout rules, Walter Family Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

How Walter Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 2 itemized 2025 grant dollars.

Cities

CoronadoFlorissantWashingtonCrested ButteLaramie

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20201 grants20211 grants20221 grants20232 grants20242 grants2025

From 2020 to 2025, annual grant giving ranged from $31K (2021) to $52K (2024). In 2025 it made 2 grants totaling $32K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Center for the Arts: $20KCenter for the Arts$20KThe Sanborn Western Camps: $12KThe Sanborn Western Camps$12K

The largest 2025 recipient was Center for the Arts ($20K). Together the top 2 received $32K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Center for the Arts Crested Butte, COTo provide operating capital to support its financial needs$20,000
The Sanborn Western Camps Florissant, COTo provide operating capital to support its financial needs$12,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K202020212022202320242025
Metric202520242023
Total Assets$482,939$518,950$525,025
Revenue$26,951$25,035$23,076
Expenses$43,462$61,557$41,832
Qualifying Distributions$32,000$51,500$33,160
Net Investment Income$26,951$25,035$23,076
Distributable Amount$51,475$44,379$38,443

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 1, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 26, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 5, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 19, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 11, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Walter Family Foundation is led by Karl E Walter Jr., President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Karl E Walter Jr.

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dan Gardner

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Walter Family Foundation

How much does Walter Family Foundation give each year?

Walter Family Foundation gave $32K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $52K across 2 grants.

How large is Walter Family Foundation?

Walter Family Foundation reported $483K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).

Where does Walter Family Foundation operate?

Walter Family Foundation has awarded grants in California, Colorado, District of Columbia, Wyoming.

What is Walter Family Foundation's EIN?

Walter Family Foundation's EIN (Employer Identification Number) is 84-1408219. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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