Walker Family Foundation
- Assets
- $736.8k
- Revenue
- $63.2k
- Investments
- $721.9k
- Employees
- 0
- Location
- Tonka Bay, MN
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 27-4334047
Organization Overview
Walker Family Foundation is located in Tonka Bay, MN. The organization was established in 2011. 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. Walker 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, Walker Family Foundation generated $63.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $58.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Walker Family Foundation has awarded 49 individual grants totaling $151,942. 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 |
|---|---|---|---|
Mark Walker President/treasurer | 2 | $0 | |
Terri L Walker Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,096 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,278 |
| Capital Gain Net Income | $34,278 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $837 |
| Total Revenue | $63,211 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $10,021 |
| Total operating and administrative expenses | $11,701 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $58,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,895 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $736,803 |
| 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 | $17,019 |
| Total liabilities | $17,019 |
Grants Awarded
Over the last fiscal year, Walker Family Foundation has awarded $47,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA STATE UNIVERSITY FOUNDATION PURPOSE: GENERAL OPERATIONS | $10,000 |
LIFELINE CHRISTIAN MISSION PURPOSE: GENERAL OPERATIONS | $2,000 |
MINNEAPOLIS PARKS FOUNDATION PURPOSE: GENERAL OPERATIONS | $2,000 |
MINNESOTA ASSISTANCE COUNCIL FOR VETERANS PURPOSE: OPERATING SUPPORT | $1,000 |
MINNESOTA OVARIAN CANCER ALLIANCE PURPOSE: GENERAL OPERATIONS | $5,000 |
MINNESOTA ZOO FOUNDATION PURPOSE: OPERATING SUPPORT | $2,000 |