Overview
What is Steven & Lottie Walker Family Foundation?
The Steven & Lottie Walker Family Foundation is a benevolent organization situated in Los Angeles, California. Their primary mission is to extend financial aid to a broad range of charitable, scientific, religious, and educational institutions. Through their charitable giving programs, the foundation aims to make a meaningful impact in various sectors, contributing to the betterment of society as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Steven & Lottie Walker Family Foundation has earned an impressive score of 87%, indicating strong performance in accountability and finance. This rating reflects the foundation's commitment to transparency and effective management of funds, which is crucial for building donor trust and ensuring mission effectiveness.
Key strengths include a fully independent board, with 88% of members being independent, and no material diversion of assets reported. The foundation also scores highly in its program expense ratio, allocating nearly 88% of its funds directly to its programs. Additionally, it has established well-documented policies for conflict of interest and document retention, enhancing its governance practices.
While the foundation demonstrates solid financial management and accountability, the overall rating is solely based on a single beacon score, which may limit the insights into other operational aspects. However, the strong performance in accountability and finance speaks well to its reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Steven & Lottie Walker Family Foundation legitimate?
Steven & Lottie Walker Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steven & Lottie Walker Family Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Steven & Lottie Walker Family Foundation?
The Steven & Lottie Walker Family Foundation is committed to offering financial assistance to a range of charitable, scientific, religious, and educational organizations. Their primary objective is to provide monetary support to these organizations, aiming to contribute positively to various sectors. While the specific focus or causes supported by the foundation are not specified in the provided information, it is clear that they are dedicated to making a difference through financial contributions.
Who is the CEO of Steven & Lottie Walker Family Foundation?
Nate Walker is the President/Dir of Steven & Lottie Walker Family Foundation.
What is the revenue of Steven & Lottie Walker Family Foundation?
Steven & Lottie Walker Family Foundation's revenue in 2022 was $136,308.
Who are the executives of Steven & Lottie Walker Family Foundation and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $513,242
- Other: $78,804
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- Related: $159,644
- Other: $14,897
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- Related: $211,989
- Other: $22,051
Where can I find the form 990 for Steven & Lottie Walker Family Foundation?
Steven & Lottie Walker Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Steven & Lottie Walker Family Foundation
The Steven & Lottie Walker Family Foundation, a distinguished organization, is dedicated to providing financial aid to a multitude of charitable, scientific, religious, and educational institutions. Its mission is to extend monetary support to these entities, ensuring they can continue their vital work in various sectors. By doing so, the foundation contributes to the betterment of numerous communities and individuals, contributing to a more enriched and educated society as a whole.
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Impact
October, 2024
The Steven & Lottie Walker Family Foundation significantly impacts communities by providing essential financial support to a variety of charitable, scientific, religious, and educational organizations. By allocating resources to these diverse areas, the foundation empowers initiatives that promote education and scientific advancement, enhance community services, and support religious outreach. Located in Los Angeles, CA, the foundation’s charitable giving initiatives help address pressing needs, foster innovation, and improve the quality of life for individuals and families. Through its commitment to philanthropy, the foundation plays a crucial role in driving positive change and enhancing social well-being.
This information is meant to be a general summary of Steven & Lottie Walker Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $136,308
- Gross Receipts: $436,308
Assets and Liabilities:
- Total Assets: $3,697,484
- Total Liabilities: $0
- Net Assets: $3,697,484
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Organization Details
Founding Year
1986
Phone
(818) 344-7171Principal Officer
Nate Walker
Main Address
6505 WILSHIRE BLVD 1200, LOS ANGELES, CA, 90048
NTEE Category
Code: T22Z - Philanthropy
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