Lester A Walker Foundation
- Assets
- $2.6m
- Revenue
- $174.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Fremont, NE
- Founding
- 05/1961
- Data as of
- 12/2022
- EIN
- 47-6022547
Organization Overview
Lester A Walker Foundation is located in Fremont, NE. The organization was established in 1961. 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. Lester A Walker 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, Lester A Walker Foundation generated $174.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $193.4k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 4 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 2020, Lester A Walker Foundation has awarded 53 individual grants totaling $469,672. 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 |
|---|---|---|---|
Jane Walker Trustee | 0 | $0 | |
G Michael Wiseman Trustee | 0 | $1,840 | |
First National Bank Of Omaha Trustee | 0 | $14,485 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,046 |
| Capital Gain Net Income | $112,046 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $174,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,325 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,703 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,934 |
| Total operating and administrative expenses | $26,357 |
| Contributions, gifts, grants paid | $167,002 |
| Total expenses and disbursements | $193,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,049 |
| Savings and temporary cash investments | $147,114 |
| 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 | $1,101,578 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,615,919 |
| 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, Lester A Walker Foundation has awarded $167,002 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
HOSPICE OF THE VALLEY PURPOSE: CURRENT OPERATIONS | $4,782 |
REBUILDING TOGETHER GREATER FREMONT PURPOSE: CURRENT OPERATIONS | $2,000 |
ST JAMES EPISCOPAL CHURCH PURPOSE: CURRENT OPERATIONS | $6,890 |
MIDLAND UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $6,726 |
NEBR INDEP COLLEGE FUND PURPOSE: SCHOLARSHIP FUND | $2,690 |
UNITED NEGRO COLLEGE FUND PURPOSE: SCHOLARSHIP FUND | $2,690 |