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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
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Walter Family Foundation is a private corporation based in RESTON, VA. The foundation received its IRS ruling in 2013. The principal officer is Kendra Hutchins. It holds total assets of $1.4M. Annual income is reported at $555K. Total assets have grown from $427K in 2012 to $1.7M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Walter Family Foundation has made 6 grants totaling $1.3M, with a median grant of $250K. Annual giving has grown from $308K in 2020 to $500K in 2022. Individual grants have ranged from $58K to $250K, with an average award of $210K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in District of Columbia and New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Walter Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in DC, NY.
Walter Family Foundation has distributed a total of $1.3M across 6 grants. The median grant size is $250K, with an average of $210K. Individual grants have ranged from $58K to $250K.
Walter Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Walter Family Foundation is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Edward Walter | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Carole Walter | SECRETARY/TREASURER/DIRECTOR | $0 | $0 | N/A |
Total Giving
$532K
Total Assets
$1.7M
Fair Market Value
$2.2M
Net Worth
$1.7M
Grants Paid
$505K
Contributions
$45K
Net Investment Income
$271K
Distribution Amount
$101K
Total Grants
6
Total Giving
$1.3M
Average Grant
$210K
Median Grant
$250K
Unique Recipients
3
Most Common Grant
$250K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Georgetown University Law CenterGENERAL SUPPORT | Washington, DC | $250K | 2022 |
| Colgate UniversityGENERAL SUPPORT | Hamilton, NY | $200K | 2021 |
| Georgetown UniversityGENERAL SUPPORT | Washington, DC | $250K | 2020 |