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Walter Christian Developmentfoundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 2007. The principal officer is % Joseph Charles Walter Iii. It holds total assets of $24.7M. Annual income is reported at $8.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Walter Christian Developmentfoundation has made 20 grants totaling $4.9M, with a median grant of $150K. Annual giving has decreased from $1.9M in 2020 to $1.4M in 2023. Individual grants have ranged from $4 to $1M, with an average award of $247K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Minnesota, Texas, Pennsylvania, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Walter Christian Developmentfoundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MN, TX, PA.
Walter Christian Developmentfoundation has distributed a total of $4.9M across 20 grants. The median grant size is $150K, with an average of $247K. Individual grants have ranged from $4 to $1M.
Walter Christian Developmentfoundation typically selects its grantees rather than accepting unsolicited proposals.
Walter Christian Developmentfoundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Charles Walter Iii | DESIGNATING TRUSTEE & TRUS | $0 | $0 | $0 |
| Steven D Arnold | TRUSTEE | $0 | $0 | $0 |
| Paula L Walter | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.5M
Total Assets
$24.6M
Fair Market Value
$30.4M
Net Worth
$24.6M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$740K
Distribution Amount
$1.4M
Total: $22.3M
Total Grants
20
Total Giving
$4.9M
Average Grant
$247K
Median Grant
$150K
Unique Recipients
10
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope InternationalGENERAL FUND | Lancaster, PA | $250K | 2023 |
| College Of Biblical Studies - HoustonEMERGING LEADERS PROGRAM | Houston, TX | $750K | 2023 |
| Pulse OutreachREACH THE LOST CAMPAIGN | Minneapolis, MN | $250K | 2023 |
| Hope Media GroupKSBJ SPRING SHARATHON | Humble, TX | $150K | 2023 |
| Young LifeVAIL VALLEY | Colorado Springs, CO | $50K |
| 2022 |
| Still Water Christian MinistriesCAPITAL FUND | Boerne, TX | $50K | 2022 |
| Equipping The SaintsDWAIN CAMP | Greenville, TX | $15K | 2021 |
| Star Of Hope MissionOPERATING FUND | Houston, TX | $500K | 2020 |
| EdifyCOVID19 RECOVERY FUND | San Diego, CA | $150K | 2020 |
| From Passthrough Plains All American Pipeline LpGENERAL PURPOSE | Houston, TX | $4 | 2020 |
HOUSTON, TX
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