Walters Foundation

SANTA BARBARA, CA EIN: 93-1280994

Walters Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 17 grants totaling $337K. Net investment income was $268K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

-2.5% YoY

Annual Giving

$337K

+118.8% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$20K

+118.8% YoY

Under IRS private-foundation payout rules, Walters Foundation reported a distributable amount of $218K for 2024 — the minimum it must pay out in qualifying distributions.

About Walters Foundation

Based on IRS filings

Walters Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 17 grants totaling $337K. Net investment income was $268K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlohaAshlandAstoriaBeavertonBendBrookingsCoquilleCorneliusCoronaEugeneHillsboroLake OswegoOregon CityPortlandSeasideSistersTigardTualatin

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$125K$249K$374K$498K20202021202220232024
Metric202420232022
Total Assets$3,025,708$3,102,058$3,186,385
Revenue$302,112$187,455$230,248
Expenses$453,027$276,782$248,434
Qualifying Distributions$415,873$239,361$208,627
Net Investment Income$268,445$152,300$194,681
Distributable Amount$218,121$188,860$202,224

Giving Over Time

Total grant dollars and number of grants per year

$0$84K$168K$253K$337K14 grants202010 grants202110 grants202217 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE COQUILLE PUBLIC LIBR…$119KVIRGINIA GARCIA MEMORIAL…$60KCENTER FOR COMMUNITY COU…$25KSMART READING$15KCHELSEA HICKS FOUNDATION$15KKATHYS PLACE$15KCHILDREN'S CENTER$10KFINANCIAL BEGINNINGS ORE…$10KPORTLAND RESCUE MISSION$10KMAURICE LUCAS FOUNDATION$10K

Grant Size Distribution

68 grants across all recorded years

64<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Walters Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Coquille Public Library ($118,830), Virginia Garcia Memorial Health Center ($60,000), Center for Community Counseling ($25,000).

RecipientPurposeAmount
CHILDREN'S CENTER OREGON CITY, ORASSIST WITH ASSESSMENT PROGRAM PROVIDING TIMELY, COMPASSIONATE, AND COMPREHENSIVE MEDICAL ASSESSMENT FOR 400+ CHILDREN ANNUALLY.$10,000
FINANCIAL BEGINNINGS OREGON PORTLAND, ORFUNDS WILL BE USED TO TEACH FINANCIAL EDUCATION SPECIFICALLY THROUGHOUT THE PORTLAND METRO AREA.$10,000
SMART READING PORTLAND, ORFUNDS WILL BE USED TO DEVELOP VIDEOS FOR FUNDRAISING PURPOSES AND SHOWING THE MERGER WITH THE CHILDREN'S ORGANIZATION.$15,000
PORTLAND RESCUE MISSION PORTLAND, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$10,000
CHELSEA HICKS FOUNDATION TUALATIN, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$15,000
THE COQUILLE PUBLIC LIBRARY COQUILLE, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$118,830
MAURICE LUCAS FOUNDATION LAKE OSWEGO, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$10,000
CASA PORTLAND PORTLAND, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$5,000
COMMUNITY TRANSITION SCHOOL PORTLAND, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$4,000
KATHYS PLACE PORTLAND, ORIN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RANDAL UNTERSEHERVICE PRESIDENT$23KTAMBERLY COUCHSECRETARY/TREASURER$17KCLIFFORD WALTERSPRESIDENT$4K

From 2024 filing

NameTitleHoursCompensation
CLIFFORD WALTERSPRESIDENT8$3,500
RANDAL UNTERSEHERVICE PRESIDENT8$23,000
TAMBERLY COUCHSECRETARY/TREASURER0.5$17,000
WENDY OLSENBOARD MEMBER0.5
SUE NEALBOARD MEMBER0.5
PAUL EMERSONBOARD MEMBER0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Walters Foundation?

Walters Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $3.0M in total assets as of 2024.

How large is Walters Foundation?

As of 2024, Walters Foundation holds $3.0M in total assets with $302K in annual revenue. It awarded 17 grants totaling $337K in 2024.

Where does Walters Foundation operate?

Walters Foundation has awarded grants in California, Oregon.

What size grants does Walters Foundation award?

In 2024, Walters Foundation awarded 17 grants totaling $337K — an average of about $20K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walters Foundation reported a distributable amount of $218K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walters Foundation's EIN?

Walters Foundation's EIN (Employer Identification Number) is 93-1280994. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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

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