Walter M & Mary Mischer Foundation
Walter M & Mary Mischer Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $136K. Net investment income was $113K.
Walter M & Mary Mischer Foundation at a glance
In short: Walter M & Mary Mischer Foundation gave $136K across 7 grants in 2024 (avg $19K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $135,500
- +22.7% vs 2023
- Grants made (2024)
- 7
- -30.0% vs 2023
- Average grant
- $19,357
- +75.3% vs 2023
- Median grant
- $5,500
- Total assets
- $2,765,911
- -9.2% vs 2023
- Primary geography
- Texas (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Walter M & Mary Mischer Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was UT Health Office of Development ($65K). Together the top 7 received $136K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 38 grants of 40 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Walter M & Mary Mischer Foundation gives
- Giving fell 46% from 2021 to 2024. 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
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 2021 to 2024, annual grant giving ranged from $92K (2022) to $253K (2021). In 2024 it made 7 grants totaling $136K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UT Health Office of Development Houston, TX | General Charitable Purpose | $65,000 |
| Teen and Family Services Houston, TX | General Charitable Purpose | $25,000 |
| Memorial Hermann Foundation Houston, TX | General Charitable Purpose | $25,000 |
| Greater Houston Community Foundation Houston, TX | General Charitable Purpose | $5,500 |
| Navy Seal Foundation Virginia Beach, VA | General Charitable Purpose | $5,000 |
| Museum of Fine Arts Houston Houston, TX | General Charitable Purpose | $5,000 |
| The Institute for Rehabilitation and Research Houston, TX | General Charitable Purpose | $5,000 |
Ready to take the next step with Walter M & Mary Mischer Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,765,911 | $103,138 | $161,794 | $135,500 | 7 | $141,361 | $113,049 | $148,749 |
| 2023 | $3,045,530 | $147,802 | $121,172 | $110,394 | 10 | $111,807 | $135,880 | $137,522 |
| 2022 | $3,015,888 | $74,074 | $107,248 | $92,000 | 9 | $96,249 | $63,075 | $139,714 |
| 2021 | $3,049,062 | $146,896 | $267,096 | $252,538 | 14 | $254,338 | $124,780 | $152,394 |
| 2020 | $3,184,968 | $56,524 | $8,538 | — | — | — | $47,986 | $150,562 |
Under IRS private-foundation payout rules, Walter M & Mary Mischer Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter M & Mary Mischer Foundation is led by Walter M. Mischer Jr., Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Walter M. Mischer Jr.
Director & President
On filings since 2020
1 hr/week
No compensation reported
Paula Mischer
Director
On filings since 2020
No compensation reported
Former officers (2)
- Former: Sheryl Taylor (2020–2022) — Secretary
- Former: John W. Storms (2020–2021) — Vice President
Data from IRS Form 990 filings, 2020–2024. "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 M & Mary Mischer Foundation
How much does Walter M & Mary Mischer Foundation give each year?
Walter M & Mary Mischer Foundation gave $136K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $110K across 10 grants.
What is Walter M & Mary Mischer Foundation's typical grant size?
Walter M & Mary Mischer Foundation's median grant in 2024 was $5,500, and its average grant was $19,357, across 7 grants on its 2024 IRS Form 990-PF.
Where does Walter M & Mary Mischer Foundation give grants?
Walter M & Mary Mischer Foundation gives mostly in Texas: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Houston, TX (6 grants).
Does Walter M & Mary Mischer Foundation give general operating support?
Yes: 100% of Walter M & Mary Mischer Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Walter M & Mary Mischer Foundation's largest grantees?
Walter M & Mary Mischer Foundation's largest 2024 grantees include UT Health Office of Development ($65,000), Teen and Family Services ($25,000) and Memorial Hermann Foundation ($25,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.
How large is Walter M & Mary Mischer Foundation?
Walter M & Mary Mischer Foundation reported $2.8M in total assets on its 2024 IRS Form 990-PF. It paid out $141K in qualifying distributions that year, against a required minimum of $149K (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 is Walter M & Mary Mischer Foundation's EIN?
Walter M & Mary Mischer Foundation's EIN (Employer Identification Number) is 76-0574194. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Walter M & Mary Mischer Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Walter M & Mary Mischer Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
William S & Lora Jean Kilroy Foundation
Katy, TX
The William S & Lora Jean Kilroy Foundation supports organizations in areas including education, arts and museums, conservation, health, and social services, with 2024 grants going to recipients in Houston, Texas, and Atlanta, Georgia. Grants ranged from $200 to $270,000, with a median of $5,000. It accepts requests by letter to William S Kilroy Jr and does not restrict giving to preselected organizations.
Assets
$11.7M
Grants
13
Total Given
$483K
Hackett Family Foundation
Wilmington, DE
The Hackett Family Foundation’s grants support charitable organizations in areas including breast health, education, youth development, and environmental preservation. In 2025, it made 27 grants totaling $99,837, typically small awards (median $2,500), with most funding going to Texas and Massachusetts recipients. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.0M
Grants
27
Total Given
$100K
The Virginia & Le Simmons Foundation
Houston, TX
The Virginia & Le Simmons Foundation supports education, community and human services, health, and military families and veterans. In 2025, it made 31 grants of $200 to $100,000, with a median of $5,000, primarily to organizations in Texas and also in other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.1M
Grants
31
Total Given
$443K
The OTT Family Foundation
Houston, TX
The Ott Family Foundation supports schools, churches, cultural and community organizations, and other charitable groups, primarily in Texas. Its 2025 grants ranged from $1,000 to $7,500, with a median of $3,000. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$677K
Grants
14
Total Given
$46K
The Elkins Foundation
Houston, TX
The Elkins Foundation funds education, healthcare, cultural, community, and religious organizations and projects, especially those serving Houston and the Greater Gulf Coast. Its 2025 grants ranged from about $11,000 to $1.5 million, with a median of $100,000. It accepts unsolicited requests through an online application, due by June 30.
Assets
$206.6M
Grants
76
Total Given
$17.3M
The Bookout Family Foundation
Houston, TX
The Bookout Family Foundation supports a range of charitable organizations, including health, education, arts and culture, religious, human-services, and conservation groups. In 2024, it made 16 grants of $500 to $250,000, with a median grant of $5,000; 97% of funding went to Texas and 3% to Virginia. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$9.5M
Grants
16
Total Given
$866K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Walter M & Mary Mischer Foundation'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.
Walter M & Mary Mischer Foundation down — hundreds of funders to go?