The J H Walker Legacy Foundation
- Assets
- $823.0k
- Revenue
- $963.3k
- Investments
- $792.0k
- Employees
- 0
- Location
- Reston, VA
- Founding
- 05/2011
- Data as of
- 12/2022
- 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 12/2022, J H Walker Legacy Foundation generated $963.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 13.5% 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 142 individual grants totaling $6,457,560. 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 | |
Thomas Walker Secretary/director | 1 | $0 | |
Philip Walker Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $119,584 |
| Interest on Savings | $184 |
| Dividends & Interest | $20,716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $822,789 |
| Capital Gain Net Income | $822,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $963,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,445 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,809 |
| Printing and publications | $0 |
| Other expenses | $5,162 |
| Total operating and administrative expenses | $32,014 |
| Contributions, gifts, grants paid | $1,075,000 |
| Total expenses and disbursements | $1,107,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,943 |
| 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 | $792,021 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $822,964 |
| 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 $1,075,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
A21 CAMPAIGN OF CHARLOTTE PURPOSE: LAPTOP COMPUTERS, CLIENT, STAFF AND FREEDOM CENTER SUPPLIES, EXPENSES ASSOCIATED WITH PROVIDING CARE | $50,000 |
CAROLINA YOUTH DEVELOPMENT CENTER (CHARLESTON ORPHAN HOUSE) PURPOSE: FREEDOM SCHOOL WEBSITE DESIGN AND RELAUNCH, LEADERSHIP TRAINING, RETREAT YOUTH INCENTIVES AND COTTAGE KITCHEN ITEMS | $60,000 |
CHARLESTON COUNTY FIRST STEPS PURPOSE: FOR CHILDCARE SCHOLARSHIPS IN CHARLESTON COUNTY | $25,000 |
CHARLESTON PROMISE NEIGHBORHOOD PURPOSE: HEALTH AND WELLNESS, COMMUNITY ENGAGEMENT, AND FAMILY AND PARENT ENGAGEMENT | $50,000 |
CHILDREN'S MUSEUM OF THE LOWCOUNTRY PURPOSE: FOR THE WARM WELCOME FUND, SUMMER CAMP SCHOLARSHIPS, AND POP-UP PLAY AND MARKETING MATERIALS IN SPANISH | $50,000 |
COASTAL COMMUNITY FOUNDATION PURPOSE: CONTINUATION OF THE FACEBOOK GRANT AND EDUCATION IN HAMPTON AND JASPER COUNTIES | $50,000 |