Walker Methodist Foundation

Organization Overview

Walker Methodist Foundation is located in Minnetonka, MN. The organization was established in 1980. According to its NTEE Classification (T30) the organization is classified as: Public 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 Methodist 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 Methodist Foundation generated $327.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $378.5k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 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 2014, Walker Methodist Foundation has awarded 51 individual grants totaling $2,830,716. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SOLICIT CONTRIBUTIONS & RAISE FUNDS TO SUPPORT WALKER METHODIST & AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WALKER METHODIST FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO SOLICIT CONTRIBUTIONS AND RAISE FUNDS TO BE USED BY THE WALKER ORGANIZATIONS, A GROUP OF 501(C)(3) ORGANIZATIONS, OF WHICH WALKER METHODIST FOUNDATION IS A SUPPORTING ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Phil Hanson
Chair
$0
Mick Finn
Vice Chair
$0
Lynn Swon
Treasurer
$0
Fred Semmer
Secretary
$0
Jim Ballentine
Director
$0
Sue Bergstrom
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$52,027
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$230,474
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$282,501
Total Program Service Revenue$0
Investment income $42,494
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,920
Net Income from Fundraising Events -$10,247
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $327,668

Grants Awarded

Over the last fiscal year, Walker Methodist Foundation has awarded $166,223 in support to 4 organizations.

Grant RecipientAmount

WALKER METHODIST HEALTH CENTER INC

PURPOSE: GENERAL OPERATIONS

$92,010

WALKER RESIDENCE INC

PURPOSE: GENERAL OPERATIONS

$29,689

WALKER METHODIST INC

PURPOSE: GENERAL OPERATIONS

$37,198

WALKER ASSISTED LIVING CORPORATION I

PURPOSE: GENERAL OPERATIONS

$7,326
View Grant Profile

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