Walters Engineering Scholarship FD

Private foundation · Grantmaker Chicago, IL EIN: 93-0834256

Walters Engineering Scholarship FD is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $270K in total assets. In 2025, it awarded 2 grants totaling $11K. Net investment income was $16K.

Key facts about Walters Engineering Scholarship FD

In short: Walters Engineering Scholarship FD gave $11K across 2 grants in 2025 (avg $6K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

EIN
93-0834256
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$11,276
Grants made (2025)
2
Average grant
$5,638
Median grant
$5,638
Total assets
$270,159
Primary geography
Wisconsin (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

$270K

+0.9% YoY

Annual Giving

$11K

+4.9% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$6K

+57.3% YoY

Under IRS private-foundation payout rules, Walters Engineering Scholarship FD reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

How Walters Engineering Scholarship FD gives

  • Giving held roughly steady from 2022 to 2025 (−7%). Method
  • In 2025 it paid out 96% 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

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

WausauGleasonMadison

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 2 grants2021 2 grants2022 3 grants2023 3 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $11K (2024) to $12K (2022). In 2025 it made 2 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Northcentral Technical College Fdn: $8KNorthcentral Technical CollegeFdn$8KUniversity of Wisconsin Madison: $3KUniversity of WisconsinMadison$3K

The largest 2025 recipient was Northcentral Technical College Fdn ($8K). Together the top 2 received $11K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Northcentral Technical College Fdn Wausau, WIScholarship$8,276
University of Wisconsin Madison Madison, WIScholarship$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$270,159$267,757$272,934
Revenue$18,536$10,216$-2,799
Expenses$16,116$15,303$16,495
Qualifying Distributions$13,588$12,957$14,153
Net Investment Income$16,160$7,785$4,605
Distributable Amount$14,097$13,480$12,836

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Walters Engineering Scholarship FD's only listed officer is BMO Bank N A, Trustee on every filing since 2024 (compensated).

Officers on the 2025 filing

  • BMO Bank N A

    Trustee

    On filings since 2024

    1 hr/week

    $4K (2024) → $5K (2025)

Former officers (1)
  • Former: BMO Harris Bank NA (2020–2023) — Trustee

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.

Compensation Overview

From 2025 IRS filing

BMO Bank N a — Trustee: $5KBMO Bank N aTrustee$5K

The highest reported compensation on the 2025 filing was $5K, to BMO Bank N a (Trustee).

Frequently asked questions about Walters Engineering Scholarship FD

How much does Walters Engineering Scholarship FD give each year?

Walters Engineering Scholarship FD gave $11K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 3 grants.

How large is Walters Engineering Scholarship FD?

Walters Engineering Scholarship FD reported $270K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $14K (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.

Where does Walters Engineering Scholarship FD operate?

Walters Engineering Scholarship FD has awarded grants in Wisconsin.

What is Walters Engineering Scholarship FD's EIN?

Walters Engineering Scholarship FD's EIN (Employer Identification Number) is 93-0834256. 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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