EIN 94-2666764

The Walter Kaitz Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1980
Most recent tax filings
2023-12-01
Description
The Walter Kaitz Foundation dedicates itself to promoting diversity within the cable and broadband industry. The foundation implements a comprehensive approach to fulfill its mission, which includes a grants program that funds innovative projects in community and resource development, and an outreach program that coordinates efforts within the industry and broader communities. The foundation's website disseminates diversity best practices and promotes its work.
Related structure
The Walter Kaitz Foundation is a subordinate organization under Ncta - The Internet and Television Association (NCTA).
Total revenues
$1,531,214
2023
Total expenses
$1,815,946
2023
Total assets
$3,666,462
2023
Num. employees
0
2023

Program areas at The Walter Kaitz Foundation

Grants program:the Walter Kaitz Foundation funds programs that drive diversity, equity, and inclusion across The cable, media, entertainment, and technology industries. Our grants support initiatives that provide multi-year paid internships for underrepresented students, professional development for diverse talent, mentorship programs, and leadership training for women and ethnic minorities. These efforts help build inclusive talent pipelines and develop a workforce equipped to lead innovation and foster long-term business success. Additionally, The Foundation identifies and provides grants to organizations within The media and entertainment ecosystem that are creating positive social impact in areas such as sustainability, digital literacy, and economic inclusion for underserved communities.
Outreach program:the Foundation supports research that benchmarks industry progress on diversity and pay equity. These studies provide critical data on multi-ethnic employment and gender equality, helping companies enhance recruitment, retention, and compensation practices. The research informs strategies that foster more inclusive workplaces by offering clear insights into workforce diversity.

Grants made by The Walter Kaitz Foundation

GranteeGrant descriptionAmount
The Emma Bowen FoundationPromote Diversity in the Cable Industry$296,950
The Wict NetworkPromote Diversity in the Cable Industry$178,000
T Howard FoundationPromote Diversity in the Cable Industry$141,500
...and 2 more grants made

Who funds The Walter Kaitz Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$25,000
The John D Evans FoundationUnrestricted General$20,000
CableLabsResearch Grant$20,000
...and 1 more grant received

Personnel at The Walter Kaitz Foundation

NameTitleCompensation
Michael K. PowellDirector / President and Chief Executive Officer$0
Nilda GumbsActing Executive Director
Michelle RayPast Executive Director , Effective 10 and 4 and 18 / Deputy Executive Director / Program Director$432,233
Pat McAdaraghChairman$0
Dave WatsonTreasurer and Immediate Past Chairman$0
...and 11 more key personnel

Financials for The Walter Kaitz Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,721,555
Program services$35,000
Investment income and dividends$90,872
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-274
Net income from fundraising events$-315,939
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,531,214

Form 990s for The Walter Kaitz Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s
Data update history
January 14, 2025
Used new vendors
Identified 2 new vendors, including , and
July 15, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from CableLabs
June 27, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from American Online Giving Foundation
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCorporate foundationsDisease research fundraisersArts, culture, and humanities nonprofitsChapter / child organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
MembershipsConducts researchFundraising eventsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
25 Massachusetts Ave NW Suite 100
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
ncta.com/nctafoundation 
Phone
(202) 222-2490
Twitter profile
@walterkaitz 
IRS details
EIN
94-2666764
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A12: Arts, Culture and Humanities Fund Raising and Fund Distribution
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
042722
FTB Entity ID
1011808
AB 488 data last updated ("as-of") date
2025-02-05
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