The Walsh College Foundation
Donations deductibleThe Walsh College Foundation's network
2 people1 organisationi2 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (2). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
2 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 2 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Louis C Schmidt JR Chair (also filed as Louis Schmidt JR) | Trustte/Chair | 2021 | 5 yrs |
| Gerald Schafer | Trustee | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Michael Levens | President/CEO(Left 04/2022) | 2022 |
| Suzanne Siegle | President and CEO | since 2022 |
| Teresa Esshaki | CFO (Beginning 3/27/21) | 2021 |
Pay and hours
year to 31 August 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Louis C Schmidt Jr | Trustte/Chair | 0.3 | $0 | ||
| Gerald Schafer | Trustee | 0.3 | $0 | ||
| Suzanne Siegle | President & CEO | 1 | $0 | $311k | $25k |
About
- Legal name
- The Walsh College Foundation
- EIN
- 200664128
- Address
- 3838 Livernois Rd, Troy, MI, 48083-5066
- State
- Michigan
- Mission
- Raise funds for student scholarships and general support of walsh college (as filed on the Form 990)
- Activity (NTEE)
- B114 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 8 (IRS master file code)
- Formed
- 2003
- IRS ruling date
- 1 May 2004
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsGerald Schafer
≥5years on the filingsLouis C Schmidt JR
Latest return
year to 31 August 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 August 2025. US dollars, as filed.- Total assets
- $14.7m
- Total liabilities
- $1.2m
- Net assets or fund balances
- $13.4m
- Contributions and grants received
- $317k
- Program service revenue
- $0
- Grants and similar paid out
- $2m
- Employees
- 0
- Volunteers
- 2
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $1.5m | $1.6m | Deficit $141k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Walsh College | To provide scholarships | $2m |