Walter L Gross III Family Foundation
Walter L Gross III Family Foundation is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $453K in total assets. In 2025, it awarded 4 grants totaling $57K. Net investment income was $101K.
Walter L Gross III Family Foundation at a glance
In short: Walter L Gross III Family Foundation gave $57K across 4 grants in 2025 (avg $14K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $56,500
- +0.0% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $14,125
- +0.0% vs 2024
- Median grant
- $14,500
- Total assets
- $452,525
- +10.4% vs 2024
- Primary geography
- Kentucky (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Walter L Gross III Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Miami University Foundation ($20K). Together the top 4 received $57K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Walter L Gross III Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 204% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $52K (2022) to $67K (2020). In 2025 it made 4 grants totaling $57K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Miami University Foundation Oxford, OH | Unrestricted Donation | $20,000 |
| Gatton Park Conservancy Lexington, KY | Unrestricted Donation | $20,000 |
| Berea College Berea, KY | Unrestricted Donation | $9,000 |
| Ohio Foundation of Independent Colleges Columbus, OH | Unrestricted Donation | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $452,525 | $102,664 | $59,917 | $56,500 | 4 | $56,500 | $100,861 | $27,653 |
| 2024 | $409,774 | $86,210 | $62,688 | $56,500 | 4 | $56,500 | $78,709 | $27,879 |
| 2023 | $386,095 | $44,432 | $58,706 | $56,500 | 4 | $56,500 | $42,226 | $26,395 |
| 2022 | $400,195 | $12,674 | $54,834 | $51,500 | 5 | $51,500 | $10,340 | $29,459 |
| 2021 | $442,320 | $41,614 | $58,359 | $56,000 | 6 | $56,000 | $39,255 | $34,195 |
| 2020 | $458,186 | $31,172 | $69,931 | $67,000 | 6 | — | $28,961 | $29,043 |
| 2019 | $496,945 | $37,722 | $68,856 | $66,000 | 6 | — | $35,342 | $30,037 |
Under IRS private-foundation payout rules, Walter L Gross III Family Foundation reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter L Gross III Family Foundation is led by Walter L. Gross III, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Walter L. Gross III
President
On filings since 2019
No compensation reported
Anthony Schweier
Treasurer
On filings since 2019
No compensation reported
Mary Emily Gross
Vice President
On filings since 2019
No compensation reported
Michael Schwartz
Secretary
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 L Gross III Family Foundation
How much does Walter L Gross III Family Foundation give each year?
Walter L Gross III Family Foundation gave $57K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $57K across 4 grants.
What is Walter L Gross III Family Foundation's typical grant size?
Walter L Gross III Family Foundation's median grant in 2025 was $14,500, and its average grant was $14,125, across 4 grants on its 2025 IRS Form 990-PF.
Where does Walter L Gross III Family Foundation give grants?
Walter L Gross III Family Foundation gives mostly in Kentucky: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (49%).
Does Walter L Gross III Family Foundation give general operating support?
Yes: 100% of Walter L Gross III Family Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Walter L Gross III Family Foundation?
Walter L Gross III Family Foundation reported $453K in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).
What is Walter L Gross III Family Foundation's EIN?
Walter L Gross III Family Foundation's EIN (Employer Identification Number) is 20-8613336. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
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