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Margaret And Robert Walter Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$8.28M (2023)

Expenses
$4.53M (2023)

Total Assets
$107M (2023)

Total Liabilities
$3.47M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,279,629
Expenses
$4,525,110
Net Income
$3,754,519
Net Assets
$103,735,915
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,765,304
33.4%
Program Services $0
Investment Income $2,547,770
30.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,011,067
36.4%
Net Inventory Sales $0
Other Revenue -$44,512
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $107,201,383
Total Liabilities $3,465,468
Net Assets $103,735,915
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Douglas F Kridler (Secretary/Trustee) $0 $574,139 $105,945
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Scott Heitkamp (Treasurer) $0 $305,028 $63,469

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,420,937
Expenses
$7,339,245
Net Income
$2,081,692
Net Assets
$89,095,816
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,723,528
28.9%
Program Services $0
Investment Income $2,104,408
22.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,593,001
48.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $94,685,678
Total Liabilities $5,589,862
Net Assets $89,095,816
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee (Thru 3/16/22)) $0 $0 $0
Douglas F Kridler (Secretary/Trustee (As Of 3/25/22)) $0 $605,659 $51,618
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Scott Heitkamp (Treasurer) $0 $355,752 $58,454

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,893,833
Expenses
$12,526,428
Net Income
$8,367,405
Net Assets
$111,067,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,372,868
30.5%
Program Services $0
Investment Income $1,846,661
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,674,304
60.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $119,634,869
Total Liabilities $8,567,500
Net Assets $111,067,369
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $541,279 $102,138
Scott Heitkamp (Treasurer) $0 $250,751 $53,696

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,447,001
Expenses
$5,882,075
Net Income
$5,564,926
Net Assets
$102,831,826
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,111,677
44.7%
Program Services $0
Investment Income $1,517,879
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,817,445
42.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $104,212,799
Total Liabilities $1,380,973
Net Assets $102,831,826
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $526,038 $101,206
Scott Heitkamp (Treasurer) $0 $230,961 $52,149

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,517,698
Expenses
$5,971,677
Net Income
$2,546,021
Net Assets
$85,933,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,995,801
58.7%
Program Services $0
Investment Income $1,801,180
21.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,720,717
20.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $88,538,152
Total Liabilities $2,605,000
Net Assets $85,933,152
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $553,945 $99,735
Scott Heitkamp (Treasurer) $0 $223,497 $49,418

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,673,222
Expenses
$4,839,700
Net Income
$4,833,522
Net Assets
$71,011,343
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,480,609
56.7%
Program Services $0
Investment Income $1,619,483
16.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,573,130
26.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $72,606,343
Total Liabilities $1,595,000
Net Assets $71,011,343
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $437,690 $99,545
Scott Heitkamp (Treasurer) $0 $207,943 $47,877

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,592,007
Expenses
$5,262,199
Net Income
$2,329,808
Net Assets
$75,148,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,127,444
54.4%
Program Services $0
Investment Income $2,575,178
33.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $889,385
11.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $75,763,192
Total Liabilities $615,000
Net Assets $75,148,192

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,191,130
Expenses
$3,721,210
Net Income
$1,469,920
Net Assets
$64,125,542
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,900,745
55.9%
Program Services $0
Investment Income $1,926,595
37.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $363,790
7.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $64,675,542
Total Liabilities $550,000
Net Assets $64,125,542
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $369,141 $103,216
Raymond J Biddiscombe (Treasurer (Thru 6.22.16)) $0 $151,023 $23,755
Scott Heitkamp (Treasurer (From 6.23.16)) $0 $134,586 $12,333

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,678,058
Expenses
$4,392,512
Net Income
$2,285,546
Net Assets
$58,931,268
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,401,523
50.9%
Program Services $0
Investment Income $1,399,472
21.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,877,063
28.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,391,268
Total Liabilities $460,000
Net Assets $58,931,268
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $358,216 $114,866
Raymond J Biddiscombe (Treasurer) $0 $210,081 $36,098

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,377,307
Expenses
$2,722,222
Net Income
$13,655,085
Net Assets
$59,501,489
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,283,000
68.9%
Program Services $0
Investment Income $1,112,572
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,981,735
24.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $60,042,972
Total Liabilities $541,483
Net Assets $59,501,489
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $346,143 $112,661
Raymond J Biddiscombe (Treasurer) $0 $198,778 $35,607

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,977,932
Expenses
$1,969,070
Net Income
$14,008,862
Net Assets
$45,200,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,772,300
73.7%
Program Services $0
Investment Income $854,143
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,351,489
21.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,672,033
Total Liabilities $471,666
Net Assets $45,200,367
Compensation
Key Employees and Officers Compensation Related Other
R Blane Walter (Chairman / Trustee) $0 $0 $0
David R Meuse (Trustee) $0 $0 $0
Janet Mollmann (Trustee) $0 $0 $0
Peter A Walter (President) $0 $0 $0
Matthew D Walter (Vice Chairman) $0 $0 $0
Douglas F Kridler (Secretary) $0 $335,895 $110,706
Raymond J Biddiscombe (Treasurer) $0 $192,079 $38,489

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,285,354
Expenses
$1,332,213
Net Income
$3,953,141
Net Assets
$28,433,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,506,200
66.3%
Program Services $0
Investment Income $528,859
10.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,250,295
23.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,156,983
Total Liabilities $1,723,150
Net Assets $28,433,833

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,814,642
Expenses
$1,509,006
Net Income
$2,305,636
Net Assets
$23,535,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,489,550
65.3%
Program Services $0
Investment Income $674,366
17.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $650,726
17.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,665,972
Total Liabilities $3,130,000
Net Assets $23,535,972

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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