Walsh Foundation

Aledo, TX
Tax-exempt since Sept. 1959
EIN: 75-6021726

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Donations to this organization are tax deductible.

Revenue

$1.04M (2023)

Expenses

$1.2M (2023)

Total Assets

$9.92M (2023)

Total Liabilities

$0 (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

Revenue

$1,039,933

Expenses

$1,202,184

Net Income

-$162,251

Net Assets

$9,923,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$9,146	0.9%
Dividends	$247,434	23.8%
Sales of Assets	$18,924	1.8%
Other Income	$764,429	73.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$870,500	72.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,923,333
Total Liabilities	$0
Net Assets	$9,923,333

Compensation

Key Employees and Officers	Compensation	Other
F Howard Walsh Iii (Director/Vice President)	$0	$0
Gary Goble (Director/Vice President)	$0	$0
Ryan Dickerson (Director/Vice President)	$0	$0

990-PF

Filed on Nov. 12, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,608,855

Expenses

$560,733

Net Income

$1,048,122

Net Assets

$10,110,075

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$187,541	11.7%
Interest Revenue	$1,885	0.1%
Dividends	$230,162	14.3%
Sales of Assets	$349,086	21.7%
Other Income	$840,181	52.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$465,000	82.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,110,075
Total Liabilities	$0
Net Assets	$10,110,075

Compensation

Key Employees and Officers	Compensation	Other
F Howard Walsh Iii (Director/Vice President)	$0	$0
Gary Goble (Director/Vice President)	$0	$0
Ryan Dickerson (Director/Vice President)	$0	$0

990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$2,373,912

Expenses

$279,404

Net Income

$2,094,508

Net Assets

$9,061,930

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,209	0.1%
Dividends	$155,343	6.5%
Sales of Assets	$2,136,071	90.0%
Other Income	$80,289	3.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$160,000	57.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,061,930
Total Liabilities	$0
Net Assets	$9,061,930

Compensation

Key Employees and Officers	Compensation	Other
F Howard Walsh Iii (Director/Vice President)	$0	$0
Gary Goble (Director/Vice President)	$0	$0
Ryan Dickerson (Director/Vice President)	$0	$0

990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$1,974,605

Expenses

$89,260

Net Income

$1,885,345

Net Assets

$6,961,389

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,020	0.3%
Dividends	$128,996	6.5%
Sales of Assets	$1,799,014	91.1%
Other Income	$40,575	2.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,000	16.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,961,390
Total Liabilities	$1
Net Assets	$6,961,389

Compensation

Key Employees and Officers	Compensation	Other
F Howard Walsh Iii (Director/Vice President)	$0	$0
Gary Goble (Director/Vice President)	$0	$0
Ryan Dickerson (Director/Vice President)	$0	$0

990-PF

Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$401,475

Expenses

$624,642

Net Income

-$223,167

Net Assets

$8,125,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,251	1.1%
Dividends	$242,657	60.4%
Sales of Assets	$118,542	29.5%
Other Income	$36,025	9.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$519,500	83.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,125,304
Total Liabilities	$1
Net Assets	$8,125,303

Compensation

Key Employees and Officers	Compensation	Other
F Howard Walsh Iii (Assistant Secretary And Treasurer)	$0	$0
Gary Goble (Secretary And Treasurer)	$0	$0
Ryan Dickerson (Director)	$0	$0

990-PF

Filed on July 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$944,083

Expenses

$3,685,710

Net Income

-$2,741,627

Net Assets

$8,346,756

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,604	2.0%
Dividends	$248,379	26.3%
Sales of Assets	$610,281	64.6%
Other Income	$66,819	7.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,576,000	97.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,346,756
Total Liabilities	$0
Net Assets	$8,346,756

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Iii (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0
Robert Lombardi (Director)	$0	$0
Ryan Dickerson (Director)	$0	$0

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990-PF

Filed on Nov. 19, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Revenue

$2,380,694

Expenses

$1,837,775

Net Income

$542,919

Net Assets

$10,651,885

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000,000	42.0%
Interest Revenue	$7,445	0.3%
Dividends	$324,328	13.6%
Sales of Assets	$989,521	41.6%
Other Income	$59,400	2.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,735,300	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,651,885
Total Liabilities	$0
Net Assets	$10,651,885

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Jr (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0

990-PF

Filed on May 16, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$510,605

Expenses

$3,455,073

Net Income

-$2,944,468

Net Assets

$10,109,335

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,287	0.3%
Dividends	$230,279	45.1%
Sales of Assets	$198,054	38.8%
Other Income	$80,985	15.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,354,800	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,109,335
Total Liabilities	$0
Net Assets	$10,109,335

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Jr (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$1,765,854

Expenses

$3,446,947

Net Income

-$1,681,093

Net Assets

$13,340,113

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000,000	56.6%
Interest Revenue	$2,960	0.2%
Dividends	$232,308	13.2%
Sales of Assets	$423,026	24.0%
Other Income	$107,560	6.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,332,000	96.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,340,113
Total Liabilities	$0
Net Assets	$13,340,113

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Jr (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0

990-PF

Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$2,884,556

Expenses

$2,607,835

Net Income

$276,721

Net Assets

$14,726,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,000,000	69.3%
Interest Revenue	$868	0.0%
Dividends	$304,863	10.6%
Sales of Assets	$421,805	14.6%
Other Income	$157,020	5.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,523,000	96.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,726,084
Total Liabilities	$0
Net Assets	$14,726,084

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Jr (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0

990-PF

Filed on May 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$1,727,105

Expenses

$4,683,153

Net Income

-$2,956,048

Net Assets

$14,448,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,007,564	58.3%
Interest Revenue	$2,107	0.1%
Dividends	$183,494	10.6%
Sales of Assets	$418,617	24.2%
Other Income	$115,323	6.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,217,500	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,448,980
Total Liabilities	$0
Net Assets	$14,448,980

Compensation

Key Employees and Officers	Compensation	Other
G Malcolm Louden (President)	$0	$0
F Howard Walsh Jr (Asst Sec/Tr)	$0	$0
Gary Goble (Secretary/Tr)	$0	$0

990-PF

Filed on May 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$1,487,312

Expenses

$1,752,861

Net Income

-$265,549

Net Assets

$17,412,795

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,018,164	68.5%
Interest Revenue	$588	0.0%
Dividends	$195,828	13.2%
Sales of Assets	$184,874	12.4%
Other Income	$87,858	5.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,691,920	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,412,796
Total Liabilities	$1
Net Assets	$17,412,795

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$615,124

Expenses

$1,104,336

Net Income

-$489,212

Net Assets

$17,678,346

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,082	1.5%
Interest Revenue	$1,056	0.2%
Dividends	$171,379	27.9%
Sales of Assets	$186,550	30.3%
Other Income	$247,057	40.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,026,123	92.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,678,347
Total Liabilities	$1
Net Assets	$17,678,346

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

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Walsh Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.04M (2023)

Expenses $1.2M (2023)

Total Assets $9.92M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Revenue

$1.04M (2023)

Expenses

$1.2M (2023)

Total Assets

$9.92M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

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Fiscal Year Ending Dec.
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