Walsh Family Foundation
- Assets
- $1.3m
- Revenue
- $467.0k
- Investments
- $934.9k
- Employees
- 0
- Location
- Westport, CT
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 81-4517504
Organization Overview
Walsh Family Foundation is located in Westport, CT. The organization was established in 2017. 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. Walsh 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 12/2022, Walsh Family Foundation generated $467.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $247.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Walsh Family Foundation has awarded 70 individual grants totaling $945,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy J Walsh Trustee | 0.5 | $0 | |
Mary Walsh Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $427,217 |
| Interest on Savings | $205 |
| Dividends & Interest | $39,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $332 |
| Total Revenue | $467,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,106 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,806 |
| Contributions, gifts, grants paid | $240,000 |
| Total expenses and disbursements | $247,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,813 |
| Savings and temporary cash investments | $340,656 |
| 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 | $1,279,417 |
| 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, Walsh Family Foundation has awarded $240,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
FAIRFIELD UNIVERSITY PURPOSE: TO PROVIDE BENEFITS TO STUDENTS | $0 |
CATHOLIC CHARITIES PURPOSE: TO PROVIDE SERVICES TO THOSE IN NEED | $0 |
UNIVERSITY OF CHICAGO PURPOSE: TO PROVIDE BENEFITS TO STUDENTS | $0 |
ANDREW ARMY PURPOSE: TO ASSIST IN PEDIACTRIC CANCER RESEARCH | $0 |
TRINITY COLLEGE PURPOSE: TO PROVIDE BENEFITS TO STUDENTS | $0 |
YOUTH INC PURPOSE: TO ASSIST CHILDREN IN NEED | $0 |