Walder Family Foundation
- Assets
- $187.6m
- Revenue
- $4.2m
- Investments
- $182.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 46-4092041
Organization Overview
Walder Family Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Walder Family 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 12/2023, Walder Family Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 54.8% each year . All expenses for the organization totaled $29.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Walder Family Foundation has awarded 775 individual grants totaling $96,903,236. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
COMMUNITY COLLABORATIONS: A TABLE OF DIVERSE PERSPECTIVES AND VOICES IN CHICAGO'S PERFORMING ARTS - CREATING AN 18 MONTHS TABLE OF EXPERTS TO UPLIFT ART SECTOR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Coughlin Treas | 10 | $93,988 | |
Jeffrey L Sweet VP | 6 | $36,371 | |
Elizabeth Walder Pres, Sec, Dir | 30 | $0 | |
Joseph Walder Dir | 1 | $0 | |
Meagan Leary Sr Program Director | 40 | $196,179 | |
Juliana Kerr Sr Program Director | 40 | $190,730 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
William Blair & Company Llc | 12/30/23 | $467,500 |
Mcdermott Will & Emery Llp | 12/30/23 | $309,418 |
Foundation Advisors Llc | 12/30/23 | $141,600 |
Callahan Consulting For The Arts Llc | 12/30/23 | $97,125 |
Foundation Source | 12/30/23 | $97,489 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $283,766 |
| Dividends & Interest | $3,321,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $613,294 |
| Capital Gain Net Income | $562,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,805 |
| Total Revenue | $4,224,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $130,359 |
| Other employee salaries and wages | $1,481,505 |
| Pension plans, employee benefits | $413,990 |
| Interest | $1,692,247 |
| Taxes | $61,770 |
| Depreciation | $162,325 |
| Occupancy | $247,473 |
| Travel, conferences, and meetings | $178,084 |
| Printing and publications | $2,139 |
| Other expenses | $217,632 |
| Total operating and administrative expenses | $6,579,935 |
| Contributions, gifts, grants paid | $22,496,937 |
| Total expenses and disbursements | $29,076,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,773,979 |
| Net Accounts receivable | $16,744 |
| 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 | $0 |
| Net Land, buildings, and equipment | $736,404 |
| Other assets | $0 |
| Total assets | $187,607,820 |
| 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 | $25,063,393 |
| Total liabilities | $25,063,393 |
Grants Awarded
Over the last fiscal year, Walder Family Foundation has awarded $22,496,937 in support to 208 organizations.
| Grant Recipient | Amount |
|---|---|
3ARTS INC PURPOSE: ELEVATING CHICAGO ARTISTS THROUGH 3ARTS AWARDS PRESENTING PARTNERSHIP | $125,000 |
ALBANY PARK THEATER PROJECT PURPOSE: CO-EXECUTIVE DIRECTOR POSITION FUND | $75,000 |
ALLIANCE OF FILIPINOS FOR IMMIGRANT RIGHTS AND EMP PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
ALIANZA AMERICAS PURPOSE: GOTAS GLOBALES EN UN OCANO LOCAL: A CHICAGO BASED TRANSNATIONAL LEADERSHIP PROGRAM | $100,000 |
AMERICAN BUSINESS IMMIGRATION COALITION PURPOSE: HERE TO WORK CAMPAIGN 2023-2024 | $90,000 |
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF S PURPOSE: SCIENCE EDUCATION TOPICS - REMOTE LEARNING NEEDS FUND | $25,000 |