Margaret M And Robert D Walter Foundation
- Assets
- $78.2m
- Revenue
- $34.9m
- Investments
- $69.0m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 47-2588193
Organization Overview
Margaret M And Robert D Walter Foundation is located in Columbus, OH. The organization was established in 2015. 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. Margaret M And Robert D Walter 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, Margaret M And Robert D Walter Foundation generated $34.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 17.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D Walter President & Director | 1 | $0 | |
George H Bennett Jr Vice President | 1 | $0 | |
Jodi C Fransen Treasurer And Secretary | 1 | $0 | |
Scott G Heitkamp Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,438,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,406,214 |
| Capital Gain Net Income | $12,406,214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,944,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,521 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,538 |
| Total operating and administrative expenses | $296,944 |
| Contributions, gifts, grants paid | $2,723,528 |
| Total expenses and disbursements | $3,020,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,090,164 |
| Net Accounts receivable | $84,131 |
| 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 | $68,998,173 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $78,172,468 |
| Accounts payable and accrued expenses | $202,146 |
| 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 | $202,146 |
Grants Awarded
Over the last fiscal year, Margaret M And Robert D Walter Foundation has awarded $1,081,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE COLUMBUS FOUDNATION PURPOSE: TO SUPPORT THE UNITED SCHOOLS NETWORK CAPITAL FUND | $250,000 |
MARGARET AND ROBERT WALTER FOUNDATION PURPOSE: TO SUPPORT GRANTMAKING ACTIVITIES - ADVANCING PHILANTHROPY | $831,000 |