Walter Alexander Foundation INC EIN 39-6044635 Form 990 (PDF) Claim this org

Walter Alexander Foundation INC

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A private foundation based in Rib Mountain, WI. It reported about $604K in revenue for 2025. For fiscal year 2025 it reported $604K in revenue, $481K in expenses, and $7.1M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Rib Mountain, WI
Filings
6 on file (2020–2025)
Revenue
$604KFY2025
Expenses
$481K
Net assets
$7.1M
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  39-6044635 Private foundation / grantmaker Rib Mountain, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Rib Mountain, WI. It reported about $604K in revenue for 2025.
Leadership
Kate Reichl · Vice President · $4K
Money in and out
$604K revenue, $481K expenses
Bottom line
Grants paid & assets · FY2025
Total revenue
$604K
Pt VIII · Ln 12
Total expenses
$481K
Pt IX · Ln 25
Net assets
$7.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $122K
Total assets
7.1M
deployed as grants and operations
Grants paid
430K
in FY2025
Grants made
23grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 23 grants · $430K · 2025–2025
Performing Arts FoundationFY2025$100,000
Community Foundation of Nc WisconsiFY2025$85,000
City of WausauFY2025$64,800
Sayner Community Church INCWI · FY2025$25,000
Wausau East High SchoolFY2025$22,500
Chapman UniversityCA · FY2025$20,000
PBS WisconsinFY2025$15,000
Wausau West High SchoolFY2025$15,000
Northwoods Childrens MuseumWI · FY2025$10,000
Safe Families for Children GbFY2025$5,000
Little Forest School INCWI · FY2025$5,000
Faith in ActionFY2025$5,000
Pilots to the Rescue INCNY · FY2025$5,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV12
Average grantPart XV$19K
Median grantPart XV$5K
Largest grantPart XV$100K
Top cause focusNTEEArts & Culture (9%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$604K
FY2025▲ +195%
Expenses
$481K
FY2025▲ +4%
Total assets
$7.1M
FY2025▲ +2%
Total liabilities
$0
FY2025
Total revenue
$604K
Pt VIII · Ln 12
Total expenses
$481K
Pt IX · Ln 25
Net assets
$7.1M
Pt X · Ln 32
Total assetsPt II$7.1M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWalter Alexander Foundation INC
EINHdr · item D39-6044635
Principal addressHdr · item CRib Mountain, WI
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1954

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$4,500Pt VII · Sec A
$4,500Pt VII · Sec A
$4,500Pt VII · Sec A
Secretary
$4,500Pt VII · Sec A
$4,500Pt VII · Sec A
$3,000Pt VII · Sec A
$2,500Pt VII · Sec A
See Walter Alexander Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$603K
Other revenue$263
Total revenueLn 12$604K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.89 Operating & administrative $0.11
Grants & contributions paid89%$430K
Operating & administrative11%$51K
Total functional expensesLn 25$481K

Balance Sheet

Part X · end of year
CashLn 1$449K
Total assetsLn 16$7.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$7.1M
Months of cash on handcomputed11.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $7.1M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $604K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $604K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $604K · Prior year $205K
+195%
Revenue CAGR
FY2020 $878K · FY2025 $604K
-7%
Net-asset trend (YoY)
End of year $7.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $604K · Expenses $481K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $7.1M
Net-asset ratio
Net assets $7.1M · Total assets $7.1M
100%
People & payroll
Highest Reported Total Compensation
Individual Walter Koskinen · Reported title President · Highest reported compensation $4K · Total expenses $481K
0.9%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 195%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$604K revenue · viewing · ⤓ 990 PDF
FY2024$205K revenue · ⤓ 990 PDF
FY2023$216K revenue · ⤓ 990 PDF
FY2022$4.2M revenue · ⤓ 990 PDF
FY2021$800K revenue · ⤓ 990 PDF
FY2020$878K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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