The J H Walker Legacy Foundation
- Assets
- $966.7k
- Revenue
- $1.1m
- Investments
- $935.7k
- Employees
- 0
- Location
- Reston, VA
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 45-1859070
Organization Overview
The J H Walker Legacy Foundation is located in Reston, VA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. J H Walker Legacy 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 12/2021, J H Walker Legacy Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $978.9k during the year ending 12/2021. While expenses have increased by 18.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, J H Walker Legacy Foundation has awarded 123 individual grants totaling $5,672,560. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Walker President/director | 1 | $0 | |
Philip Walker Treasurer/director | 1 | $0 | |
Thomas Walker Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $575,423 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,238 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $481,952 |
| Capital Gain Net Income | $481,952 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,075,613 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $886 |
| Printing and publications | $0 |
| Other expenses | $5,336 |
| Total operating and administrative expenses | $23,547 |
| Contributions, gifts, grants paid | $955,400 |
| Total expenses and disbursements | $978,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,034 |
| 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 | $935,671 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $966,705 |
| 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 |
Grants Awarded
Over the last fiscal year, The J H Walker Legacy Foundation has awarded $955,400 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Hazard, KY PURPOSE: TO THE DONOR-ADVISED FUND ON BEHALF OF THE J.H. WALKER LEGACY FOUNDATION | $105,000 |
CAROLINA YOUTH DEVELOPMENT CENTER (CHARLESTON ORPHAN HOUSE) PURPOSE: RHOMBUS SECURITY SYSTEM, FENCING FOR CYDC CALLEN-LACEY CAMPUS, FREEDOM AFTER SCHOOL | $60,000 |
MEETING STREET SCHOOLS PURPOSE: MEETING STREET ACADEMY, MEETING STREET BRENTWOOD, MEETING STREET BURNS, AND SUMMER SCHOLARSHIPS | $60,000 |
Charleston, SC PURPOSE: FOR THE WARM WELCOME FUND, SUMMER CAMP SCHOLARSHIPS, AND POP-UP PLAY | $50,400 |
LOURIE CENTER FOR CHILDREN PURPOSE: THERAPEUTIC PRESCHOOL PROGRAM | $50,000 |
A21 CAMPAIGN OF CHARLOTTE PURPOSE: AFTERCARE SERVICES FOR THOSE WHO WERE VICTIMS OF TRAFFICKING | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morris And Gwendolyn Cafritz Foundation Washington, DC | $0 | $65,532,545 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Sherman Fairchild Foundation Inc Chevy Chase, MD | $608,781,139 | $70,437,193 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Commonwealth Foundations Richmond, VA | $819,010 | $12,460,000 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |