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Walters Family Foundation Inc. is a private corporation based in MOUNTAINSIDE, NJ. The foundation received its IRS ruling in 1997. The principal officer is Lilyan G Kreitchman. It holds total assets of $2.4M. Annual income is reported at $473K. Total assets have decreased from $6.6M in 2011 to $2.4M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New Jersey, District of Columbia and New York. According to available records, Walters Family Foundation Inc. has made 4 grants totaling $5M, with a median grant of $275K. Annual giving has grown from $260K in 2022 to $4.7M in 2023. Individual grants have ranged from $60K to $4.4M, with an average award of $1.2M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$32K
Average Grant
$60K
Largest Grant
$201K
Based on 5 grants from the most recent 990-PF filing.
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.
Walters Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NJ.
Walters Family Foundation Inc. has distributed a total of $5M across 4 grants. The median grant size is $275K, with an average of $1.2M. Individual grants have ranged from $60K to $4.4M.
Walters Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (223518906) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Walters Family Foundation Inc. is headquartered in MOUNTAINSIDE, NJ. The foundation primarily funds organizations in New Jersey, District of Columbia, New York.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jody Friedman | TRUSTEE/PRESIDENT/TREASURE | $0 | $0 | N/A |
| Lori K Klinghoffer | TRUSTEE/V. PRESIDENT | $0 | $0 | N/A |
| Robin K Walters | TRUSTEE/V. PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.4M
Fair Market Value
N/A
Net Worth
$2.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$5M
Average Grant
$1.2M
Median Grant
$275K
Unique Recipients
3
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Jewish Community Foundation Of Greater Metrowest NjGENERAL CHARITABLE | Whippany, NJ | $4.4M | 2023 |
| Saint Barnabas Medical CenterGENERAL CHARITABLE | Livingston, NJ | $350K | 2023 |
| Uja Of MetrowestGENERAL CHARITABLE | Whippany, NJ | $60K | 2022 |