Walden W Shaw Foundation is located in Chicago, IL. The organization was established in 1967. 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. Walden W Shaw 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 06/2024, Walden W Shaw Foundation generated $196.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $424.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Walden W Shaw Foundation has awarded 69 individual grants totaling $3,422,396. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Carey Iler Exec. Director/pres, Various | 0 | $25,200 | |
Suzanne Saxman Secr/treas, Various | 0 | $0 | |
Robert Gordon Iler Jr Vice President, Various | 0 | $0 | |
Sharon Jean Kirby Director, Various | 0 | $0 | |
Cheryl Kennedy Director, Various | 0 | $0 | |
Linda Larson Director | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Friedman & Huey Associates Llp | 6/29/17 | $51,259 |
The Northern Trust Company | 6/29/17 | $63,329 |
The Northern Trust Company | 6/29/17 | $63,329 |
Friedman & Huey Associates Llp | 6/29/17 | $51,259 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $213,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,204 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $159 |
| Total Revenue | $196,494 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,725 |
| Printing and publications | $0 |
| Other expenses | $4,850 |
| Total operating and administrative expenses | $114,042 |
| Contributions, gifts, grants paid | $310,500 |
| Total expenses and disbursements | $424,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346,666 |
| 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 | $5,684,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,997,726 |
| 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, Walden W Shaw Foundation has awarded $310,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PEDIATRIC CANCER RESEARCH FOUNDATION PURPOSE: GENERAL FUNDS | $40,000 |
ERIKSON INSTITUTE PURPOSE: GENERAL FUNDS | $40,000 |
CHOC FOUNDATION PURPOSE: GENERAL FUNDS | $120,000 |
BURN INSTITUTE PURPOSE: GENERAL FUNDS | $40,000 |
UNIVERSITY OF ILLINOIS AT CHICAGO PURPOSE: GENERAL FUNDS | $30,000 |
THE SHEA CENTER PURPOSE: GENERAL FUNDS | $40,500 |