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The Walter Kaitz Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942666764 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is The Walter Kaitz Foundation?

The Walter Kaitz Foundation is a national organization situated in Washington, D.C., with a mission to promote diversity within the cable and broadband industry. They achieve this goal through various initiatives. Primarily, their grants program funds innovative projects in two key areas: community and resource development, which aims to enhance the industry's access to diverse suppliers and entrepreneurs, and workforce development, which assists organizations serving diverse professionals by providing them with new tools and training for skill enhancement and career advancement. The foundation's comprehensive strategy also includes strengthening ties with diverse communities and improving the industry's supplier diversity program.


Official website here: www.walterkaitz.org

Is The Walter Kaitz Foundation legitimate?

The Walter Kaitz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Walter Kaitz 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.

Here are some key statistics you may want to consider:

Executive Compensation: $489,140
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,571

For more financial information, click here


Official website here: www.walterkaitz.org

What is the mission statement of The Walter Kaitz Foundation?

The Walter Kaitz Foundation is a national organization committed to fostering diversity within the cable and broadband industry. To fulfill its mission, the foundation has implemented a comprehensive approach. This strategy encompasses a grant-awarding program, enhancing the industry's supplier diversity program, developing a comprehensive website, and strengthening ties with diverse communities across the nation. By implementing these initiatives, the Walter Kaitz Foundation aims to promote diversity and inclusivity within the cable and broadband sector.


Official website here: www.walterkaitz.org

Who is the CEO of The Walter Kaitz Foundation?

Nilda Gumbs is the Chairman of The Walter Kaitz Foundation. The CEO's salary of The Walter Kaitz Foundation is $0 and their total compensation is $6,367,950.


Official website here: www.walterkaitz.org

What is the revenue of The Walter Kaitz Foundation?

The Walter Kaitz Foundation's revenue in 2022 was $1,635,283.


Official website here: www.walterkaitz.org

Who are the executives of The Walter Kaitz Foundation and what are their salaries?

Here are 25 key members and their salaries (The Walter Kaitz Foundation's CEO's salary is $0 and their total compensation is $6,367,950):

    Michael Powell (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $5,633,129
  • Other: $734,821

    • Michelle Ray (Executive Director)
  • Compensation: $432,233
  • Related: $0
  • Other: $56,907

    • Pat Mcadaragh (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Bakish (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Greatrex (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Rutledge (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Watson (Immediate Past Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Buccieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Drendel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Finch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Howe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred Liggins Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wonya Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Nevins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Pascarelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Pitaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Sapan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Sjoberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Esser (Director - Outgoing)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Collier (Director - Outgoing)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Kilar (Director - Outgoing)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Zaslav (Director - Outgoing)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.walterkaitz.org

    Where can I find the form 990 for The Walter Kaitz Foundation?

    The The Walter Kaitz Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.walterkaitz.org

    Learn more at the official website: www.walterkaitz.org

    Mission Statement of The Walter Kaitz Foundation

    The Walter Kaitz Foundation, established as a national organization, is committed to fostering diversity within the cable and broadband industry. To achieve this mission, the foundation has adopted a comprehensive approach. This strategy encompasses various elements, including a grant awarding program, enhancing the industry's supplier diversity program, creating an extensive website, and strengthening connections with diverse communities across the nation. Through these initiatives, The Walter Kaitz Foundation aims to promote a more inclusive environment within the cable and broadband sector.

    Impact

    This information is meant to be a general summary of The Walter Kaitz Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    The Walter Kaitz Foundation has a significant impact within the cable and broadband industry. Through its grants program, the foundation funds creative and unique projects that support diversity in two key areas: community and resource development, and workforce development. By funding initiatives that provide better access to diverse suppliers and entrepreneurs, as well as supporting workforce development programs, the foundation plays a vital role in strengthening diversity within the industry. This helps in creating opportunities for diverse professionals to enhance their skills and accelerate their career advancement, ultimately contributing to a more inclusive and thriving industry landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $66,755
  • Program Service Revenue: $125,600
  • Gross Receipts: $2,079,208

    • Assets and Liabilities:
  • Total Assets: $3,662,471
  • Total Liabilities: $234,547
  • Net Assets: $3,427,924
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SPONSORSHIPS

    Revenue

    $125,500

    OTHER INCOME

    Revenue

    $100

    Organization Details

    Founding Year

    1980

    Principal Officer

    Nilda Gumbs

    Main Address

    25 MASSACHUSETTS AVE NW SUITE 100, WASHINGTON, DC, 20001

    NTEE Category

    Code: A120 - Arts

    If you are a representative of The Walter Kaitz Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.