Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
75 cents of each dollar spent went to programs.
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
25 people listed on the 990; $432K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Michelle Ray | $432,233 | $279,159 | $281,022 |
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 The Walter Kaitz Foundation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Promotes diversity within the cable and broadband industry nationwide.
Questions for The Walter Kaitz Foundation
Your first name shows with your question. The Walter Kaitz Foundation answers here, for everyone.
Grants Program
To further the foundation's mission by fundingcreative and unique projects in two AREAS:1. Community and resource development: the foundation seeks to fund initiatives that provide the cable and broadband industry with better access to diverse suppliers and entrepreneurs with the tools to compete effectively within the industry.
Outreach Program
The program coordinates efforts within the cable and broadband industry, and the broader communities with which the industry interacts. The foundation website promotes the work of the foundation, disseminates diversity best practices, and maintains information on opportunities in the industry.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $615K | $586K |
| InvestmentsLn 11–13 | $3.6M | $3.0M |
| Land, buildings, equipmentLn 10c | $0 | $7K |
| Total assetsLn 16 | $4.3M | $3.7M |
| LiabilitiesLn 26 | $283K | $235K |
| Net assetsLn 32 | $4.0M | $3.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $673K | $673K | ||
| Pay of current officers, directors and key staffLn 5 | $489K | $220K | $98K | $171K |
| Other salaries and wagesLn 7 | $99K | $44K | $20K | $34K |
| Pension plan contributionsLn 8 | $20K | $9K | $4K | $7K |
| Other employee benefitsLn 9 | $17K | $7K | $3K | $6K |
| Payroll taxesLn 10 | $29K | $13K | $6K | $10K |
| Accounting feesLn 11c | $36K | $16K | $7K | $13K |
| Investment management feesLn 11f | $5K | $5K | ||
| Other fees for servicesLn 11g | $68K | $58K | $3K | $6K |
| Office expensesLn 13 | $9K | $5K | $1K | $2K |
| TravelLn 17 | $35K | $35K | $201 | $351 |
| Conferences, conventions and meetingsLn 19 | $69 | $31 | $14 | $24 |
| Other expenses (24a–d)Ln 24 | $87K | $87K | $74 | $129 |
| Total functional expensesLn 25 | $1.6M | $1.2M | $148K | $250K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Apr 14, 2025 | $1.2M | $4.6M | −$3.4M | $0 | 990 PDF |
| FY2023Filed with the IRS Nov 14, 2024 | $1.5M | $1.8M | −$285K | $3.5M | 990 PDF |
| FY2022 ViewingFiled with the IRS Nov 15, 2023 | $1.6M | $1.6M | $69K | $3.4M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $1.6M | $1.7M | −$150K | $4.0M | 990 PDF |
| FY2020Filed with the IRS Nov 15, 2021 | $1.6M | $1.7M | −$62K | $3.9M | 990 PDF |
Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,635,283 revenue, 12 lines filed
Part VI · Governance 19 of 20 board members independent, 1 to look at
Part VIII · Statement of revenue $1,635,283 across 9 lines filed
Part IX · Statement of functional expenses $1,565,848 across 13 lines filed
Part X · Balance sheet $3,662,471 assets, 12 lines filed
Part XI · Reconciliation of net assets $3,427,924 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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