Waltmar Foundation

Irvine, CA
Tax-exempt since April 1965
EIN: 95-2371506

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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

$1.54M (2024)

Expenses

$849k (2024)

Total Assets

$10.2M (2024)

Total Liabilities

$139k (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Revenue

$1,540,619

Expenses

$849,191

Net Income

$691,428

Net Assets

$10,058,860

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$119,072	7.7%
Dividends	$227,318	14.8%
Sales of Assets	$947,843	61.5%
Other Income	$8,106	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$690,719	81.3%
Compensation of Officers*	$23,910	2.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,197,776
Total Liabilities	$138,916
Net Assets	$10,058,860

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$23,910	$0
Richard R Schmid (Director)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (President)	$0	$0
Laura Cook (Director)	$0	$0
Daniel Schmid (Secretary)	$0	$0
Steven Beltramo (Director)	$0	$0
Catherine Reeder (Director)	$0	$0

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990-PF

Filed on May 8, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$952,425

Expenses

$703,654

Net Income

$248,771

Net Assets

$9,367,432

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$81,509	8.6%
Dividends	$222,097	23.3%
Sales of Assets	$437,570	45.9%
Other Income	$5,665	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$520,689	74.0%
Compensation of Officers*	$23,220	3.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,383,538
Total Liabilities	$16,106
Net Assets	$9,367,432

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$23,220	$0
Richard R Schmid (Director)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (President)	$0	$0
Laura Cook (Director)	$0	$0
Lisa Beltramo (Vice President)	$0	$0
Daniel Schmid (Secretary)	$0	$0
Steven Beltramo (Director)	$0	$0
Catherine Reeder (Director)	$0	$0

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990-PF

Filed on May 13, 2024

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

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Fiscal Year Ending Dec.
2022

Revenue

$1,587,359

Expenses

$684,887

Net Income

$902,472

Net Assets

$9,118,661

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$31,780	2.0%
Dividends	$183,091	11.5%
Sales of Assets	$1,107,751	69.8%
Other Income	$30,848	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$516,672	75.4%
Compensation of Officers*	$22,320	3.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,118,661
Total Liabilities	$0
Net Assets	$9,118,661

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$22,320	$0
Richard R Schmid (Director)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (President)	$0	$0
Laura Cook (Director)	$0	$0
Lisa Beltramo (Vice President)	$0	$0
Daniel Schmid (Secretary)	$0	$0
Steven Beltramo (Director)	$0	$0
Catherine Reeder (Director)	$0	$0

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990-PF

Filed on May 15, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$1,145,686

Expenses

$699,230

Net Income

$446,456

Net Assets

$8,216,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$31,222	2.7%
Dividends	$163,531	14.3%
Sales of Assets	$739,741	64.6%
Other Income	$118	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$517,165	74.0%
Compensation of Officers*	$21,810	3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,216,189
Total Liabilities	$0
Net Assets	$8,216,189

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$21,810	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Lisa Beltramo (Director)	$0	$0
Daniel Schmid (Director)	$0	$0

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990-PF

Filed on May 6, 2022

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

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Fiscal Year Ending Dec.
2020

Revenue

$548,342

Expenses

$628,555

Net Income

-$80,213

Net Assets

$7,769,732

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,181	6.4%
Dividends	$136,061	24.8%
Sales of Assets	$175,699	32.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$478,888	76.2%
Compensation of Officers*	$21,575	3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,769,733
Total Liabilities	$1
Net Assets	$7,769,732

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$21,575	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0
Daniel Schmid (Director)	$0	$0

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990-PF

Filed on May 13, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$695,527

Expenses

$714,125

Net Income

-$18,598

Net Assets

$7,849,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$41,013	5.9%
Dividends	$188,680	27.1%
Sales of Assets	$276,792	39.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$494,629	69.3%
Compensation of Officers*	$20,950	2.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,035,330
Total Liabilities	$185,384
Net Assets	$7,849,946

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$20,950	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on June 17, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$670,545

Expenses

$745,416

Net Income

-$74,871

Net Assets

$7,868,544

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$38,130	5.7%
Dividends	$167,925	25.0%
Sales of Assets	$282,532	42.1%
Other Income	$329	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$488,155	65.5%
Compensation of Officers*	$20,349	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,868,544
Total Liabilities	$0
Net Assets	$7,868,544

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$20,349	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 10, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$555,792

Expenses

$687,535

Net Income

-$131,743

Net Assets

$7,943,415

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,912	6.5%
Dividends	$144,690	26.0%
Sales of Assets	$259,038	46.6%
Other Income	$1,086	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$531,303	77.3%
Compensation of Officers*	$19,992	2.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,952,415
Total Liabilities	$9,000
Net Assets	$7,943,415

Compensation

Key Employees and Officers	Compensation	Other
Melanie Shane (Executive Dir.)	$19,992	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 11, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$1,165,309

Expenses

$598,212

Net Income

$567,097

Net Assets

$8,075,158

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$24,080	2.1%
Dividends	$143,524	12.3%
Sales of Assets	$884,828	75.9%
Other Income	$1,637	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$472,299	79.0%
Compensation of Officers*	$23,305	3.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,094,754
Total Liabilities	$19,596
Net Assets	$8,075,158

Compensation

Key Employees and Officers	Compensation	Other
Shauna Farley (Exec Director)	$14,973	$0
Melanie Shane (Executive Dir.)	$8,332	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 5, 2017

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

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Fiscal Year Ending Dec.
2015

Revenue

$471,562

Expenses

$641,560

Net Income

-$169,998

Net Assets

$7,508,061

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,055	0.6%
Interest Revenue	$36,524	7.7%
Dividends	$162,958	34.6%
Sales of Assets	$157,963	33.5%
Other Income	$3,062	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$489,510	76.3%
Compensation of Officers*	$25,551	4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,517,061
Total Liabilities	$9,000
Net Assets	$7,508,061

Compensation

Key Employees and Officers	Compensation	Other
Shauna Farley (Exec Director)	$25,551	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 16, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$1,132,655

Expenses

$621,171

Net Income

$511,484

Net Assets

$7,678,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$45,165	4.0%
Dividends	$169,065	14.9%
Sales of Assets	$726,425	64.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$489,615	78.8%
Compensation of Officers*	$25,200	4.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,687,059
Total Liabilities	$9,000
Net Assets	$7,678,059

Compensation

Key Employees and Officers	Compensation	Other
Shauna Farley (Exec Director)	$25,200	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 14, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$734,794

Expenses

$536,526

Net Income

$198,268

Net Assets

$7,166,575

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$36,817	5.0%
Dividends	$113,974	15.5%
Sales of Assets	$391,953	53.3%
Other Income	$50	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$423,644	79.0%
Compensation of Officers*	$20,601	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,175,575
Total Liabilities	$9,000
Net Assets	$7,166,575

Compensation

Key Employees and Officers	Compensation	Other
Shauna Farley (Exec Director)	$20,601	$0
Richard R Schmid (President)	$0	$0
Larry Beltramo (Treasurer)	$0	$0
David W Schmid (Vice President)	$0	$0
Laura Cook (Secretary)	$0	$0
Bonnie Mccormack (Director)	$0	$0
Lisa Beltramo (Director)	$0	$0

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990-PF

Filed on May 13, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$691,555

Expenses

$540,221

Net Income

$151,334

Net Assets

$6,968,307

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,620	5.2%
Dividends	$120,191	17.4%
Sales of Assets	$343,744	49.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$431,560	79.9%
Compensation of Officers*	$20,601	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,977,307
Total Liabilities	$9,000
Net Assets	$6,968,307

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$278,475

Expenses

$522,756

Net Income

-$244,281

Net Assets

$6,816,973

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34,725	12.5%
Dividends	$126,562	45.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$398,836	76.3%
Compensation of Officers*	$22,911	4.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,832,325
Total Liabilities	$15,352
Net Assets	$6,816,973

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

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Waltmar Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.54M (2024)

Expenses $849k (2024)

Total Assets $10.2M (2024)

Total Liabilities $139k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

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

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

Revenue

$1.54M (2024)

Expenses

$849k (2024)

Total Assets

$10.2M (2024)

Total Liabilities

$139k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001