Walters Engineering Scholarship FD
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
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 12 grants of 12 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northcentral Technical College Fdn Wausau, WI | Scholarship | $8,276 |
| University of Wisconsin Madison Madison, WI | Scholarship | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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
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.
Here's the math on researching Walters Engineering Scholarship FD by hand.
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