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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations The Walter Kaitz Foundation

The Walter Kaitz Foundation

Fiscal year ending 2024. Filed on April 15, 2025.

25 Massachusetts Ave NW Suite 100
Washington, District of Columbia 20001

The Walter Kaitz Foundation (EIN: 94-2666764) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Walter Kaitz Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $1,792,635. The highest compensated employee at The Walter Kaitz Foundation is Michael Powell with fiscal year 2024 compensation of $3,342,191.

Revenue, expenses, and employee compensation

Revenue

$1,202,826

Expenses

$4,605,087

Employee compensation

$163,504
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Powell
President and Chief Executive Officer
$3,342,191
$0 $3,289,172 $53,019
Nilda Gumbs
Chief of Staff
$243,079
$0 $210,870 $32,209

Benchmark Employee Compensation

Non-Employee Board Members

Alfred Liggins III
Director
Bob Bakish
Secretary
Chris Winfrey
Director
Chuck Treadway
Director
Dave Watson
Treasurer
James Pitaro
Director
John D Evans
Director
John Pascarelli
Director
Kathleen Finch
Director
Kristin Dolan
Director
Mark Greatrex
Vice Chair
Pat McAdaragh
Chair

Mission Statement

THE WALTER KAITZ FOUNDATION CHAMPIONS DIVERSITY, EQUITY, AND INCLUSION IN THE CABLE, MEDIA, ENTERTAINMENT, AND TECHNOLOGY INDUSTRIES. THE FOUNDATION SUPPORTS INITIATIVES THAT DEVELOP AND ADVANCE HISTORICALLY UNDERREPRESENTED TALENT TO DRIVE INNOVATION, BUSINESS PERFORMANCE, AND POSITIVE COMMUNITY IMPACT.

Revisions to this organization profile

April 15, 2025:
2024 The Walter Kaitz Foundation 990 filed
November 14, 2024:
2023 The Walter Kaitz Foundation 990 filed
November 15, 2023:
2022 The Walter Kaitz Foundation 990 filed

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