Walters Family Foundation

MOUNTAINSIDE, NJ EIN: 22-3518906

Walters Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNTAINSIDE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 6 grants totaling $167K. Net investment income was $97K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-3.6% YoY

Annual Giving

$167K

-96.5% YoY

Grant Count

6

+200.0% YoY

Avg Grant Size

$28K

-98.8% YoY

Under IRS private-foundation payout rules, Walters Family Foundation reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.

About Walters Family Foundation

Based on IRS filings

Walters Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNTAINSIDE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 6 grants totaling $167K. Net investment income was $97K.

Ready to take the next step with Walters Family Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

LivingstonMorristownNew YorkWashingtonWhippany

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$2,413,858$2,503,518$6,713,545
Revenue$105,661$628,695$253,490
Expenses$195,321$4,838,722$307,717
Qualifying Distributions$166,850$4,741,121$260,000
Net Investment Income$96,932$554,801$216,929
Distributable Amount$114,422$322,362$346,350

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M5 grants20204 grants20212 grants20222 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

NEW YORK PRESBYTERIAN FUND$100KJODY AND BRUCE FRIEDMAN …$27KLORI AND STEVEN KLINGHOF…$27KTEMPLE B'NAI ABRAHAM$6KADVANCED PULMONARY RESEA…$5KFOUNDATION FOR MORRISTOW…$1K

Grant Size Distribution

19 grants across all recorded years

11<$50K2$50–100K4$100–250K1$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New York Presbyterian Fund ($100,000), Jody and Bruce Friedman Fund ($27,425), Lori and Steven Klinghoffer Fund ($27,425).

RecipientPurposeAmount
ADVANCED PULMONARY RESEARCH FELLOWSHIP FUND NEW YORK, NYMEDICAL$5,000
FOUNDATION FOR MORRISTOWN MEDICAL CENTER MORRISTOWN, NJMEDICAL$1,000
JODY AND BRUCE FRIEDMAN FUND WHIPPANY, NJGENERAL$27,425
LORI AND STEVEN KLINGHOFFER FUND WHIPPANY, NJGENERAL CHARITABLE$27,425
NEW YORK PRESBYTERIAN FUND NEW YORK, NYMEDICAL$100,000
TEMPLE B'NAI ABRAHAM LIVINGSTON, NJGENERAL CHARITABLE$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBIN K WALTERSTRUSTEE/V. PRESIDENT0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Walters Family Foundation?

Walters Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNTAINSIDE, NJ. It holds $2.4M in total assets as of 2024.

How large is Walters Family Foundation?

As of 2024, Walters Family Foundation holds $2.4M in total assets with $106K in annual revenue. It awarded 6 grants totaling $167K in 2024.

Where does Walters Family Foundation operate?

Walters Family Foundation has awarded grants in District of Columbia, New Jersey, New York.

What size grants does Walters Family Foundation award?

In 2024, Walters Family Foundation awarded 6 grants totaling $167K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Walters Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walters Family Foundation reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walters Family Foundation's EIN?

Walters Family Foundation's EIN (Employer Identification Number) is 22-3518906. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Walters Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Walters Family Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities