Walker College foundations purpose is to manage and administer donations and investments as scholarships and support to students from the surrounding area who will be attending College.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$73K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.4M a year · 74% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$73K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $212K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$1.2M
-143% vs prior year
Spent
$517K
To programs
96%
Net assets
$14.8M
By yearFY2020–FY2024
Revenue
−$1.2M
FY2022▼ -143%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.7M
FY2022−$1.2M
FY2023$2.6M
FY2024$3.2M
Expenses
$517K
FY2022▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$430K
FY2021$477K
FY2022$517K
FY2023$519K
FY2024$516K
Net assets
$14.8M
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$14.2M
FY2021$16.5M
FY2022$14.8M
FY2023$16.8M
FY2024$19.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $497K Management & general 4% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

16 people listed on the 990; $73K paid to officers and key staff.

Part VII, Section A · reportable compensation
$73,000Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Holly Trawick’s $83K as Ex Dir is at the 18th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Holly Trawick$83,000$83,000$73,000$73,200$73,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Walker College Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides scholarships and financial support to local students attending college.

Questions for Walker College Foundation

Tap to ask. Walker College Foundation sees how many people are interested.

Your first name shows with your question. Walker College Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $497K · in their own filed words · FY2022
01

Walker college foundations purpose is to manage and adminster donations and investments as scholarships and support to students from the surrounding area who will be attending college.

$497Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 1 grant · $246K · 2023–2023
Unitemized GrantFY2023$246,337

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
−$1.2M
Ln 12
Gifts and grantsLn 1h$482K
Investment incomeLn 3−$2.0M
Money outPt IX
$517K
Ln 25
Programscol B$497K
Managementcol C$20K
Owns and owesPt X
$14.8M
net assets · Ln 32
Cash and savingsLn 1–2$258K
Total assetsLn 16$14.8M
LiabilitiesLn 26$3K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$482K
Investment incomeLn 3−$2.0M
Gains on assetsLn 7$321K
Total revenueLn 12−$1.2M
Assets in detailPt X, end of year
SavingsLn 2$258K
Cash and savings togetherLn 1–2$258K
InvestmentsLn 11–13$14.5M
Land, buildings, equipmentLn 10c$54K
Total assetsLn 16$14.8M
LiabilitiesLn 26$3K
Net assetsLn 32$14.8M
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$289K$258K
InvestmentsLn 11–13$16.1M$14.5M
Land, buildings, equipmentLn 10c$75K$54K
Total assetsLn 16$16.5M$14.8M
LiabilitiesLn 26$3K$3K
Net assetsLn 32$16.5M$14.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$100K$92K$8K
Other employee benefitsLn 9$10K$9K$800
Payroll taxesLn 10$8K$7K$618
Accounting feesLn 11c$9K$8K$720
Investment management feesLn 11f$61K$56K$5K
Office expensesLn 13$7K$7K$596
Depreciation, depletion and amortizationLn 22$219$219
Other expenses (24a–d)Ln 24$24K$22K$2K
All other expensesLn 24e$297K$295K$2K
Total functional expensesLn 25$517K$497K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.2M$516K$2.7M$19.5M 990 PDF
FY2023 $2.6M$519K$2.1M$16.8M 990 PDF
FY2022 Viewing −$1.2M$517K−$1.7M$14.8M 990 PDF
FY2021 $2.7M$477K$2.2M$16.5M 990 PDF
FY2020 $2.1M$430K$1.7M$14.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary −$1,162,860 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $502,441$482,237
I-9 Program service revenue$0
I-10 Investment incomePrior year $2,123,984−$1,675,967
I-11 Other revenuePrior year $95,375$30,870
I-12 Total revenuePrior year $2,721,800−$1,162,860
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $114,191$117,727
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $363,221$399,109
I-18 Total expensesPrior year $477,412$516,836
I-19 Revenue less expensesPrior year $2,244,388−$1,679,696
Part VI · Governance 15 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue −$1,162,860 across 6 lines filed
VIII-1f All other contributions, gifts and grants$482,237
VIII-1h Total contributions, gifts and grants$482,237
VIII-3 Investment incomeRelated to mission −$1,997,013−$1,997,013
VIII-5 RoyaltiesRelated to mission $30,870$30,870
VIII-7 Net gain or loss on sales of assetsRelated to mission $321,046$321,046
VIII-12 Total revenueRelated to mission −$1,645,097 · Unrelated business $0 · Excluded from tax $0−$1,162,860
Part IX · Statement of functional expenses $516,836 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $92,000 · Management $8,000$100,000
IX-9 Other employee benefitsPrograms $9,200 · Management $800$10,000
IX-10 Payroll taxesPrograms $7,109 · Management $618$7,727
IX-11c Accounting feesPrograms $8,280 · Management $720$9,000
IX-11f Investment management feesPrograms $56,132 · Management $4,881$61,013
IX-13 Office expensesPrograms $6,856 · Management $596$7,452
IX-22 Depreciation, depletion and amortizationPrograms $219$219
IX-24 Other expenses (24a–d)Programs $22,090 · Management $1,921$24,011
IX-24e All other expensesPrograms $295,146 · Management $2,268$297,414
IX-25 Total functional expensesPrograms $497,032 · Management $19,804 · Fundraising $0$516,836
Part X · Balance sheet $14,774,358 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $289,432$258,105
X-9 Prepaid expenses and deferred chargesStart of year $2,366$2,366
X-10c Land, buildings and equipment, netStart of year $74,568$54,349
X-11 Publicly traded securitiesStart of year $16,088,030$14,459,538
X-16 Total assetsStart of year $16,454,396$14,774,358
X-17 Accounts payable and accrued expensesStart of year $3,351$3,009
X-26 Total liabilitiesStart of year $3,351$3,009
X-27 Net assets without donor restrictionsStart of year $8,358,252$7,328,193
X-28 Net assets with donor restrictionsStart of year $8,092,793$7,443,156
X-32 Total net assets or fund balancesStart of year $16,451,045$14,771,349
X-33 Total liabilities and net assetsStart of year $16,454,396$14,774,358
Part XI · Reconciliation of net assets $14,771,349 net assets at year end
XI-1 Total revenue−$1,162,860
XI-2 Total expenses$516,836
XI-3 Revenue less expenses−$1,679,696
XI-4 Net assets at start of year$16,451,045
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,771,349

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.