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Nonprofiteer
← MARGARET AND ROBERT WALTER FOUNDATION

Form 990 for tax year 2025

Filed by MARGARET AND ROBERT WALTER FOUNDATION.

Totals

Total revenue
$20,416,568
Total expenses
$6,662,266
Contributions and grants received
$10,817,672
Grants paid
$6,246,892
Program service revenue
$0
Investment income
$9,548,113
Other revenue
$50,783
Total assets, end of year
$143,062,168
Total liabilities, end of year
$4,739,507
Net assets or fund balances, end of year
$138,322,661
Program services expenses (Part IX)
$6,246,892
Management and general expenses
$415,374
Fundraising expenses
$0
Program service expenses (Part III)
$6,246,892

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $10,817,672

  • 1g · Noncash contributions included above

    $10,517,672

  • 3 · Investment income

    total $2,798,880 · excluded $2,798,880

  • 7a · Gross sales of assets other than inventory

    securities $16,149,395 · other assets $130,621

  • 7b · Less cost or other basis and sales expenses

    securities $9,530,783 · other assets $0

  • 7c · Gain or loss

    securities $6,618,612 · other assets $130,621

  • 7d · Net gain or loss

    total $6,749,233 · excluded $6,749,233

  • 11a · Other revenue: PASSTHROUGH INCOME

    total $50,783 · unrelated business -$4,346 · excluded $55,129

  • 11e · Other revenue, total

    $50,783

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,246,892 · program services $6,246,892

  • 11a · Fees: management

    total $153,664 · management and general $153,664

  • 11c · Fees: accounting

    total $4,000 · management and general $4,000

  • 11f · Fees: investment management

    total $48,703 · management and general $48,703

  • 12 · Advertising and promotion

    total $1,380 · management and general $1,380

  • 24a · Other expenses: PASSTHROUGH EXPENSES

    total $169,859 · management and general $169,859

  • 24b · Other expenses: OTHER EXPENSES

    total $37,568 · management and general $37,568

  • 24c · Other expenses: FILING FEE

    total $200 · management and general $200

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $27,029 · end of year $382,078

  • 4 · Accounts receivable

    beginning of year $25,600 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $106,468,009 · end of year $130,388,156

  • 12 · Investments: other securities

    beginning of year $12,399,879 · end of year $12,291,934

  • 17 · Accounts payable and accrued expenses

    beginning of year $40,203 · end of year $31,132

  • 18 · Grants payable

    beginning of year $4,915,750 · end of year $4,708,375

  • 27 · Net assets without donor restrictions

    beginning of year $113,964,564 · end of year $138,322,661

Mission and programs · 2025

Mission

THE WALTER FAMILY FOUNDATION IS A SUPPORTING ORGANIZATION OF THE COLUMBUS FOUNDATION. THE PURPOSE OF THE WALTER FAMILY FOUNDATION IS TO SUPPORT CHARITABLE ORGANIZATIONS WHICH BENEFIT THE COMMUNITY.

Activities or mission (Part I)

TO SUPPORT CHARITABLE ORGANIZATIONS WHICH BENEFIT THE COMMUNITY

  • EDUCATION

    Expenses $4,539,292 · Grants $4,539,292

  • SOCIAL SERVICES

    Expenses $944,600 · Grants $944,600

  • RELIGION

    Expenses $335,000 · Grants $335,000

  • NEIGHBORHOOD

    Expenses $260,000 · Grants $260,000

  • HEALTH

    Expenses $102,000 · Grants $102,000

  • ARTS AND HUMANITIES

    Expenses $56,000 · Grants $56,000

  • ADVANCING PHILANTHROPY

    Expenses $10,000 · Grants $10,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • R Blane Walter

    CHAIRMAN / TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David R Meuse

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Douglas F Kridler

    SECRETARY/TRUSTEE

    Total calculated
    $727,590
    From this org
    $0
    From related orgs
    $617,573
    Other
    $110,017
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $567,573 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $85,000 related
    Nontaxable benefits
    $0 + $25,017 related
    Filer's total
    $0 + $727,590 related

  • Peter A Walter

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Matthew D Walter

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Scott Heitkamp

    TREASURER

    Total calculated
    $493,643
    From this org
    $0
    From related orgs
    $419,882
    Other
    $73,761
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $331,153 related
    Bonus
    $0 + $88,729 related
    Other
    $0
    Deferred
    $0 + $35,000 related
    Nontaxable benefits
    $0 + $38,761 related
    Filer's total
    $0 + $493,643 related

  • Nikki Scarpitti

    EXECUTIVE DIRECTOR

    Total calculated
    $223,636
    From this org
    $0
    From related orgs
    $190,872
    Other
    $32,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $190,872 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $19,407 related
    Nontaxable benefits
    $0 + $13,357 related
    Filer's total
    $0 + $223,636 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
DOUGLAS F. KRIDLER HAS AN EXECUTIVE EMPLOYMENT AGREEMENT WITH THE COLUMBUS FOUNDATION THAT INCLUDES A DEFERRED COMPENSATION CLIFF-RETENTION BONUS. PER THE AGREEMENT, AMOUNTS ARE DEFERRED FOR 2 YEARS, FOR EACH FULLY COMPLETED CALENDAR YEAR, AND THEN PAID OUT IN THE THIRD YEAR AFTER VESTING. DEFERRED AMOUNTS ARE REPORTED ON PART VII SCHEDULE J ACCORDINGLY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
6 August 2026
IRS schema version
2025v4.2
Source object
202642189349301204

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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