HEARTLAND WHOLE HEALTH INSTITUTE: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HEARTLAND WHOLE HEALTH INSTITUTE (EIN 83-4022137)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202403139349100435
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T10:42:33+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621665434 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTON ENTERPRISES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 727121860 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 834022137 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Heartland Whole Health Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEAR | BusinessNameControlTxt |
| Phone | 4794641570 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1860 | AddressLine1Txt |
| City | Bentonville | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER HARRIS | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Signature | 2024-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUKE C MITCHELL | PreparerPersonNm |
| PTIN | P03095207 | PTIN |
| Phone | 4794641500 | PhoneNum |
| Preparation | 2024-11-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $609,290,157 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $12,024,505 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12,019,460 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $12,024,505 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$10,158,089 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $158,314,023 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $264,616 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$74,105 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$74,533 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$74,105 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,792,311 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,944,927 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $12,215,016 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $935,136 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $935,136 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,400,976 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,400,976 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $212,896 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $212,896 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $14,590 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,590 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $20,220 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $20,220 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,719,116 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $795,251 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $795,251 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,923,865 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $739,162 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $131,285 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $739,162 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $586,540 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $429,279 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $429,332 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $24,224 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $180,722 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $180,722 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $31,316 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $31,316 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $3,215 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $3,215 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,024,802 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $689,823 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $689,823 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $333,433 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,892,915 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,045,638 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,653,568 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,056,369 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,892,915 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,045,638 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,653,568 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,056,369 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,100,604 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,899,289 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,561,448 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,865,281 | CashBOYAmt |
| Cash EOY | $288,871 | CashEOYAmt |
| Cash EOYFMV | $288,871 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $546,849,974 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $515,709,298 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $538,999,818 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $113,596 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $57,329 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $64,910 | LandBOYAmt |
| Land EOY | $56,267 | LandEOYAmt |
| Land EOYFMV | $56,266 | LandEOYFMVAmt |
| Other Assets BOY | $34,133,200 | OtherAssetsBOYAmt |
| Other Assets EOY | $69,945,202 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $69,945,202 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $584,913,365 | TotalAssetsBOYAmt |
| Total Assets EOY | $585,999,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $609,290,157 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $13,123 | AccountsPayableBOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $9,200,000 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $13,123 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,200,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $584,900,242 | RetainedEarningBOYAmt |
| Retained Earning EOY | $576,799,638 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $584,900,242 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $576,799,638 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $584,913,365 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $585,999,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $584,900,242 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,100,604 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $576,799,638 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $576,799,638 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|---|
| NT - CASH ACCOUNT VARIOUS STOCKS | P | $16,300,130 | $18,757,318 | -$2,457,188 | $0 | -$2,457,188 | ||
| NORTHERN TRUST - EAFE CAPITAL GAIN DISTRIBUTIONS | P | $152,901 | $152,901 | $0 | $152,901 | 2023-01-01 | 2023-12-31 | |
| NORTHERN TRUST - EAFE CAPITAL GAIN DISTRIBUTIONS | P | $0 | $829,965 | -$829,965 | $0 | -$829,965 | ||
| NORTHERN TRUST - EAFE VARIOUS STOCKS | P | $21,524,531 | $22,538,277 | -$1,013,746 | $0 | -$1,013,746 | ||
| NORTHERN TRUST - EQUITIZATION VARIOUS STOCKS | P | $1,873,359 | $1,873,191 | $168 | $0 | $168 | 2023-01-01 | 2023-12-31 |
| NORTHERN TRUST - EQUITIZATION VARIOUS STOCKS | P | $2,910,459 | $0 | $2,910,459 | $0 | $2,910,459 | ||
| NORTHERN TRUST - R1000 VARIOUS STOCKS | P | $2,270,640 | $2,238,407 | $32,233 | $0 | $32,233 | 2023-01-01 | 2023-12-31 |
| NORTHERN TRUST - R1000 CAPITAL GAIN DISTRIBUTIONS | P | $26,478 | $0 | $26,478 | $0 | $26,478 | ||
| NORTHERN TRUST - R1000 VARIOUS STOCKS | P | $23,742,352 | $27,497,676 | -$3,755,324 | $0 | -$3,755,324 | ||
| NORTHERN TRUST - R1000 VARIOUS STOCKS | P | $1,008 | $1,382 | -$374 | $0 | -$374 | ||
| NORTHERN TRUST - WALTER SCOTT VARIOUS STOCKS | P | $438,784 | $476,614 | -$37,830 | $0 | -$37,830 | ||
| NOTHERN TRUST - IT BONDS VARIOUS STOCKS | P | $88,994,067 | $93,724,802 | -$4,730,735 | $0 | -$4,730,735 | ||
| PASS-THROUGH GAIN/LOSS | P | $79,314 | $0 | $79,314 | $0 | $79,314 | 2023-01-01 | 2023-12-31 |
| PASS-THROUGH GAIN/LOSS | P | $0 | $534,480 | -$534,480 | $0 | -$534,480 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$10,158,089 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $264,616 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $137,600 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $137,600 | SubtotalAmt |
| Tax Based On Investment Income | $137,600 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $277,762 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $277,762 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $140,162 | OverpaymentAmt |
| Applied To ES Tax | $140,162 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | https://www.heartlandwholehealth.org/ | WebsiteAddressTxt |
| Individual With Books | ABIGAIL SPINKS | IndividualWithBooksNm |
| Phone | 4794641570 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1860 | AddressLine1Txt |
| City | Bentonville | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | JA | ForeignCountryCd |
| Foreign Country | NL | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | DA | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | Yes (true) | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ALICE L WALTON | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR, PRESIDENT (UNTIL 04/18/2023) | 5.000 | $0 | $0 | $0 |
| DELOS MARSHALL COSGROVE | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR | 2.000 | $0 | $0 | $0 |
| JAMES WALTON | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR | 2.000 | $0 | $0 | $0 |
| MATTHEW HARRIS | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR (UNTIL 03/30/2023) | 2.000 | $0 | $0 | $0 |
| RALPH SNYDERMAN | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR | 2.000 | $0 | $0 | $0 |
| RAY CHAMBERS | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR (UNTIL 03/31/2023) | 2.000 | $0 | $0 | $0 |
| ROSS DEVOL | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR | 2.000 | $0 | $0 | $0 |
| STEPHEN MACKIN | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR (FROM 01/17/2023) | 2.000 | $0 | $0 | $0 |
| LARS STEVEN NELSON | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | DIRECTOR (FROM 11/28/2023) | 2.000 | $0 | $0 | $0 |
| RICHARD A HOSLEY | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | SECRETARY | 0.500 | $0 | $0 | $0 |
| PHILIP SIGSWORTH | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | CFO AND TREASURER (UNTIL 12/14/2023) | 0.500 | $0 | $0 | $0 |
| STEVE MACDONALD | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | TREASURER (FROM 12/20/2023) | 0.500 | $283,853 | $15,144 | $0 |
| LORI KNUTSON | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | EXECUTIVE DIRECTOR (UNTIL 04/14/2023) | 40.000 | $249,229 | $6,393 | $0 |
| WALTER HARRIS | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | CEO AND PRESIDENT (FROM 04/18/2023), VP OF OPERATIONS (UNTIL 04/18/2023) | 40.000 | $402,054 | $16,566 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| CHRIS DEBERNARD | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | SENIOR DIRECTOR | 40.000 | $260,004 | $17,041 | $0 |
| FRED BEDORE | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | SR. DIRECTOR OF OP. | 40.000 | $164,949 | $14,503 | $0 |
| JORDAN CARLISLE | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | CIO | 40.000 | $118,696 | $12,287 | $0 |
| SCOTT MCCARTY | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | PROGRAM MANAGER, HSR | 40.000 | $102,623 | $7,491 | $0 |
| BROOKE BILLINGSLEY | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | PROGRAM MANAGER | 40.000 | $98,698 | $15,005 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 9 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BALDWIN & SHELL CONSTRUCTION COMPANY | |||||
| 6514 A LYNCHS PRAIRIE COVE | SPRINGDALE | AR | 72762 | CONSTRUCTION SERVICES | $34,444,336 |
| ART AND WELLNESS ENTERPRISES LLC | |||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | MANAGEMENT SERVICES | $2,188,644 |
| MARLON BLACKWELL ARCHITECT PA | |||||
| 42 E CENTER ST | FAYETTEVILLE | AR | 72701 | ARCHITECTURE SERVICES | $1,305,482 |
| WALTON ENTERPRISES LLC | |||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | ADMINISTRATIVE/MANAGEMENT FEES | $770,426 |
| GENERAL ATLANTIC SERVICE COMPANY | |||||
| 55 EAST 52ND STREET | NEW YORK | NY | 10055 | INVESTMENT SERVICES | $248,213 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 6 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Supporting integrative health and wellness programs and initiatives for the benefit of the public | Description1Txt |
| Expenses1 | $7,056,369 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $504,536,587 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $24,746,950 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $529,283,537 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $529,283,537 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,939,253 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $521,344,284 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $26,067,214 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,056,369 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $35,837,123 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $42,893,492 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2019-09-13 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,561,448 | CurrentYearAmt |
| Year1 | $7,823,047 | Year1Amt |
| Year2 | $12,780,245 | Year2Amt |
| Year3 | $100,113 | Year3Amt |
| Total | $30,264,853 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,127,231 | CurrentYearAmt |
| Year1 | $6,649,590 | Year1Amt |
| Year2 | $10,863,208 | Year2Amt |
| Year3 | $85,096 | Year3Amt |
| Total | $25,725,125 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $42,893,492 | CurrentYearAmt |
| Year1 | $35,696,770 | Year1Amt |
| Year2 | $17,444,849 | Year2Amt |
| Year3 | $6,572,298 | Year3Amt |
| Total | $102,607,409 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $42,893,492 | CurrentYearAmt |
| Year1 | $35,696,770 | Year1Amt |
| Year2 | $17,444,849 | Year2Amt |
| Year3 | $6,572,298 | Year3Amt |
| Total | $102,607,409 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $17,378,143 | CurrentYearAmt |
| Year1 | $17,800,259 | Year1Amt |
| Year2 | $13,377,401 | Year2Amt |
| Year3 | $659,195 | Year3Amt |
| Total | $49,214,998 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Alice L Walton | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,045 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,019,460 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $71,600 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$10,229,689 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| NORTHERN TRUST | 14 | -$10,845 | ||
| PASS-THROUGH - OTHER INCOME/(LOSS) | 14 | -$63,688 | 523000 | $428 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $77,073 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,715,238 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,792,311 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $20,220 | Amt |
| Disbursements Charitable Prps | $20,220 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION EXPENSE | PropertyDesc |
| Current Year Expense | $24,224 | CurrentYearExpenseAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NT - Investment Account | AT COST | $178,025,295 | $162,688,135 |
| NT - R1000 Account | AT COST | $164,930,540 | $198,527,525 |
| NT - EAFE Account | AT COST | $58,364,057 | $62,366,897 |
| NT - Cash Equitization Account | AT COST | $7,207,209 | $7,240,230 |
| NT - Walter Scott International | AT COST | $7,934,718 | $8,089,438 |
| NT - IT BONDS | AT COST | $99,162,479 | $100,035,300 |
| Art and Wellness Enterprises, LLC | AT COST | $85,000 | $52,293 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $75,654 | $35,080 | $40,574 | $40,574 |
| Software and Info Systems | $37,942 | $22,249 | $15,693 | $15,692 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,590 | LegalFeesAmt |
| Disbursements Charitable Prps | $14,590 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $0 | MortgageAmt |
Note Payable NotePayableGrp
Lender Name LenderNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Northern Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | None | InsiderRelationshipTxt |
| Loan Original | $9,200,000 | LoanOriginalAmt |
| Balance Due | $9,200,000 | BalanceDueAmt |
| Note | 2022-11 | NoteDt |
| Loan Maturity | 2023-11 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL AND INTEREST DUE AT MATURITY | RepaymentTermsTxt |
| Interest | 0.5 | InterestRt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | TO FUND CONSTRUCTION EXPENSES | LoanPurposeTxt |
| Lender Consideration | Cash | LenderConsiderationDesc |
| Consideration FMV | $9,200,000 | ConsiderationFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Construction in Progress - Building | $34,123,659 | $69,945,202 | $69,945,202 |
| Due from affiliates | $9,541 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| INSURANCE | $151,876 | $151,876 | ||
| DUES & SUBSCRIPTIONS | $140,581 | $140,581 | ||
| EVENTS EXPENSE | $18,795 | $18,795 | ||
| SUPPLIES | $12,437 | $12,437 | ||
| PROFESSIONAL DEVELOPMENT | $7,510 | $7,510 | ||
| MISCELLANEOUS | $2,234 | $2,234 | ||
| Pass-through - Other Deductions | $689,823 | $689,823 | $689,823 | |
| Pass-through - Nondeductible Expenses | $1,546 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Northern Trust | -$10,845 | -$10,845 | -$10,845 |
| Pass-through - Other income/(loss) | -$63,260 | -$63,688 | -$63,260 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| Administrator & Management Fees | $2,752,012 | $2,752,012 | ||
| Investment Management Fees | $795,251 | $795,251 | $795,251 | |
| Recruitment | $837 | $837 | ||
| IT Expenses | $50,271 | $50,271 | ||
| Education Plan Development | $1,645 | $1,645 | ||
| Communications | $119,100 | $119,100 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Excise Tax | $157,208 | ||
| Northern Trust - Foreign Taxes | $414,877 | $414,877 | $414,877 |
| Pass-through - Foreign Taxes | $14,455 | $14,402 | $14,455 |