Walter Lee Barker and Betty Ruth

Private foundation · Grantmaker Chicago, IL EIN: 87-2435825

Walter Lee Barker and Betty Ruth is a private foundation based in Chicago, Illinois. Its 2024 filing reports grants to charitable organizations, with awards including support for Chicago cultural and community organizations and institutions in other states.

Walter Lee Barker and Betty Ruth at a glance

In short: Walter Lee Barker and Betty Ruth gave $1.1M across 13 grants in 2024 (avg $85K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,100,000
+1275.0% vs 2023
Grants made (2024)
13
+62.5% vs 2023
Average grant
$84,615
+746.2% vs 2023
Median grant
$100,000
Total assets
$19,552,863
-14.0% vs 2023
Primary geography
Illinois (64% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Walter Lee Barker and Betty Ruth

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 3740 N Lake Shore Dr Apt 16A, Chicago, IL 60613
Phone: (773) 590-2737

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Walter Lee Barker and Betty Ruth funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Harvard College: $120KHarvard College$120KHarvard Medical School: $120KHarvard Medical School$120KArt Institute of Chicago: $100KArt Institute of Chicago$100KChicago Symphony: $100KChicago Symphony$100KDoctors Without Borders: $100KDoctors Without Borders$100KGreater Chicago Food Bank: $100KGreater Chicago Food Bank$100KLincoln Park Zoo: $100KLincoln Park Zoo$100KWounded Warriors: $100KWounded Warriors$100KShedd Aquarium: $100KShedd Aquarium$100KGuest House Chicago: $50KGuest House Chicago$50K

The largest 2024 recipient was Harvard College ($120K). Together the top 10 received $990K.

Grant Size Distribution

21 grants across all recorded years

9<$50K3$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 21 (43%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were reported as going to recipients in Illinois (64%), Massachusetts (22%), Maryland (9%), Pennsylvania (5%), and Florida (1%). The listed grants include multiple Chicago-area organizations and recipients in Boston, Hagerstown, and Pittsburgh.

Grant Distribution by State

5states

Share of 2024 grant dollars across all 13 itemized grants.

Cities

ChicagoBostonHagerstownBradentonPittsburgh

How Walter Lee Barker and Betty Ruth gives

  • 62% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M0 grants2022 8 grants2023 13 grants2024

From 2023 to 2024, annual grant giving ranged from $80K (2023) to $1.1M (2024). In 2024 it made 13 grants totaling $1.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Harvard College Boston, MAGeneral Charitable Purposes$120,000
Harvard Medical School Boston, MAGeneral Charitable Purposes$120,000
Art Institute of Chicago Chicago, ILGeneral Charitable Purposes$100,000
Chicago Symphony Chicago, ILGeneral Charitable Purposes$100,000
Doctors Without Borders Hagerstown, MDGeneral Charitable Purposes$100,000
Greater Chicago Food Bank Chicago, ILGeneral Charitable Purposes$100,000
Lincoln Park Zoo Chicago, ILGeneral Charitable Purposes$100,000
Wounded Warriors Chicago, ILGeneral Charitable Purposes$100,000
Shedd Aquarium Chicago, ILGeneral Charitable Purposes$100,000
Guest House Chicago Chicago, ILGeneral Charitable Purposes$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$19,552,863$174,459$1,316,612$1,100,00013$1,197,915$401,636$1,266,251
2023$22,735,726$1,139,841$494,701$80,0008$158,709$803,849$1,171,259
2022$20,485,815$22,099,318————$17,129$74,584

Under IRS private-foundation payout rules, Walter Lee Barker and Betty Ruth reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations including arts and cultural institutions, a food bank, a zoo, a medical school, and charitable organizations.

One Day to Remember Inc., which received $50,000 in 2024, describes its mission as providing families a one-day respite for children whose parents have been diagnosed with terminal cancer. This is the grantee’s stated mission, not a stated mission of the foundation.

Grantmaking

In 2024, the foundation gave $1,100,000 through 13 grants. Grants ranged from $10,000 to $120,000, with a median of $100,000. The 2023 filing reports $80,000 in grants across eight awards.

Notable 2024 grants included $120,000 each to Harvard College and Harvard Medical School; $100,000 each to the Art Institute of Chicago, Chicago Symphony, Doctors Without Borders, Greater Chicago Food Bank, Lincoln Park Zoo, Wounded Warriors, and Shedd Aquarium; and $50,000 each to Guest House Chicago, One Day to Remember, and Cures Within Reach. The listed awards were for general charitable purposes.

Leadership & Key People

Leadership team and compensation from IRS filings

Lawrence Elman was listed as trustee on the 2024 filing.

Walter Lee Barker and Betty Ruth is led by Lawrence Elman, Trustee on every filing since 2022 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Lawrence Elman

    Trustee

    On filings since 2022

    30 hrs/week

    $190K (2024)

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Lawrence Elman — Trustee: $190KLawrence ElmanTrustee$190K

The highest reported compensation on the 2024 filing was $190K, to Lawrence Elman (Trustee).

Frequently asked questions about Walter Lee Barker and Betty Ruth

How much does Walter Lee Barker and Betty Ruth give each year?

Walter Lee Barker and Betty Ruth gave $1.1M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $80K across 8 grants.

What is Walter Lee Barker and Betty Ruth's typical grant size?

Walter Lee Barker and Betty Ruth's median grant in 2024 was $100,000, and its average grant was $84,615, across 13 grants on its 2024 IRS Form 990-PF.

Where does Walter Lee Barker and Betty Ruth give grants?

Walter Lee Barker and Betty Ruth gives mostly in Illinois: 64% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (22%) and Maryland (9%). The most frequent recipient cities were Chicago, IL (8 grants) and Boston, MA (2 grants).

Does Walter Lee Barker and Betty Ruth give general operating support?

Yes: 100% of Walter Lee Barker and Betty Ruth's 2024 grants with a stated purpose (13 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Walter Lee Barker and Betty Ruth's largest grantees?

Walter Lee Barker and Betty Ruth's largest 2024 grantees include Harvard College ($120,000), Harvard Medical School ($120,000) and Art Institute of Chicago ($100,000), according to its 2024 IRS Form 990-PF. Together they received 31% of its itemized 2024 grant dollars.

How large is Walter Lee Barker and Betty Ruth?

Walter Lee Barker and Betty Ruth reported $19.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Walter Lee Barker and Betty Ruth fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations including arts and cultural institutions, a food bank, a zoo, a medical school, and charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Walter Lee Barker and Betty Ruth?

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

What is Walter Lee Barker and Betty Ruth's EIN?

Walter Lee Barker and Betty Ruth's EIN (Employer Identification Number) is 87-2435825. IRS Form 990 filing data is available on this page for 2022–2024.

Does Walter Lee Barker and Betty Ruth accept unsolicited proposals?

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

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

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Cite this profile

Grantable. (2026). Walter Lee Barker and Betty Ruth funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/walter-lee-barker-and-betty-ruth-morg_1ed4c1519c1341349a8592bffe415d6e

BibTeX
@misc{grantable_872435825_2026,
  author       = {{Grantable}},
  title        = {{Walter Lee Barker and Betty Ruth funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/walter-lee-barker-and-betty-ruth-morg_1ed4c1519c1341349a8592bffe415d6e},
  note         = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Walter Lee Barker and Betty Ruth's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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