George Herbert Walker Foundation is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Herbert Walker Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, George Herbert Walker Foundation generated $486.0 in total revenue. All expenses for the organization totaled $37.0k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,612 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28 |
| Total operating and administrative expenses | $3,966 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $36,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,054 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $539,596 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $902,354 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, George Herbert Walker Foundation has awarded $2,535,664 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
RTA INCORPORATED PURPOSE: GENERAL CHARITABLE | $33,000 |
EDEN THEOLOGICAL SEMINARY PURPOSE: GENERAL CHARITABLE | $1,500,000 |
WEBSTER UNIVERSITY PURPOSE: GENERAL CHARITABLE | $305,168 |
WEBSTER UNIVERSITY (SEE FOOTNOTE FOR DETAILS) PURPOSE: GENERAL CHARITABLE | $697,496 |