Walter Christian Development Foundation

HOUSTON, TX EIN: 20-8481719

Walter Christian Development Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.7M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.7M

+0.5% YoY

Annual Giving

$1.4M

-0.4% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$233K

-33.6% YoY

About Walter Christian Development Foundation

Based on IRS filings

Walter Christian Development Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.7M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BoerneColorado SpringsGreenvilleHoustonHumbleLancasterMinneapolisSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$24,699,460$24,582,753$25,276,723
Revenue$1,618,160$820,373$940,839
Expenses$1,501,453$1,514,343$405,898
Qualifying Distributions$1,399,261$1,404,139$303,533
Net Investment Income$1,491,054$739,969$824,913
Distributable Amount$1,568,665$1,430,231$1,431,809

Giving Over Time

Total grant dollars and number of grants per year

$0$466K$933K$1M$2M7 grants20203 grants20213 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

COLLEGE OF BIBLICAL STUD…$400KTHE SALVATION ARMY GREAT…$375KHOPE INTERNATIONAL$250KPULSE OUTREACH$250KSTAR OF HOPE MISSION$100KHOUSTON FIRST BAPTIST CH…$20K

Grant Size Distribution

23 grants across all recorded years

4<$50K4$50–100K5$100–250K6$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH CHARLES WALTER IIIDESIGNATING TRUSTEE & TRUS2
PAULA L WALTERTRUSTEE1
STEVEN D ARNOLDTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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