TOWN BRANCH FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TOWN BRANCH FOUNDATION (EIN 82-3575662)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202323189349103412
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T12:41:02+00:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 823575662 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Town Branch Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TOWN | 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 | 71712 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BUDDY PHILPOT | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BUDDY | PersonFirstNm |
| Person Last | PHILPOT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUKE C MITCHELL | PreparerPersonNm |
| PTIN | P03095207 | PTIN |
| Phone | 4794641500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $545,310,667 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,687,500 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $12,642,395 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,642,395 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $173,197 | GrossRentsRevAndExpnssAmt |
| Net Gain Sale Ast Rev And Expnss | -$13,715,539 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,869,263 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| 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 | -$301,600 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$318,687 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $485,953 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,323,708 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $605,231 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $605,231 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $156,066 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $156,066 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $86,547 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $86,547 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $85,491 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $85,491 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,259,656 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $381,965 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $877,691 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,590 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,590 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,018,556 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $868,556 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $281,401 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,703 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,703 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $73,883 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $35,250 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $38,633 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,572,124 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,287,361 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,853,362 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $21,559,591 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $21,305,284 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $25,131,715 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,287,361 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $23,158,646 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$24,645,762 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,036,347 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $432,890 | CashBOYAmt |
| Cash EOY | $639,421 | CashEOYAmt |
| Cash EOYFMV | $639,421 | 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 | $14,910,716 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $1,816,639 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $14,910,716 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $14,910,716 | 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 | $491,689,524 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $437,671,150 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $495,697,310 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $34,460,397 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $397,177 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $17,987,423 | LandBOYAmt |
| Land EOY | $34,063,220 | LandEOYAmt |
| Land EOYFMV | $34,063,220 | LandEOYFMVAmt |
| Other Assets BOY | $3,793 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $511,930,269 | TotalAssetsBOYAmt |
| Total Assets EOY | $487,284,507 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $545,310,667 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $511,930,269 | RetainedEarningBOYAmt |
| Retained Earning EOY | $487,284,507 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $511,930,269 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $487,284,507 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $511,930,269 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $487,284,507 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $511,930,269 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$24,645,762 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $487,284,507 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $487,284,507 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| NORTHERN TRUST EAFE - VARIOUS STOCKS | P | $3,760,498 | $4,095,436 | -$334,938 | $0 | -$334,938 |
| NORTHERN TRUST EAFE - VARIOUS STOCKS | P | $2,798,259 | $2,705,589 | $92,670 | $0 | $92,670 |
| NORTHERN TRUST EAFE - CAPITAL GAIN DISTRIBUTION | P | $0 | $7,925,935 | -$7,925,935 | $0 | -$7,925,935 |
| NORTHERN TRUST R1000 - VARIOUS STOCKS | P | $2,724,729 | $3,110,946 | -$386,217 | $0 | -$386,217 |
| NORTHERN TRUST R1000 - VARIOUS STOCKS | P | $7,767,844 | $5,737,905 | $2,029,939 | $0 | $2,029,939 |
| NORTHERN TRUST R1000 - VARIOUS STOCKS | P | $2,683 | $2,824 | -$141 | $0 | -$141 |
| NORTHERN TRUST R1000 - CAPITAL GAIN DISTRIBUTION | P | $25,980 | $25,980 | $0 | $25,980 | |
| NORTHERN TRUST EQUITIZATION - VARIOUS STOCKS | P | $789,270 | $789,261 | $9 | $0 | $9 |
| NORTHERN TRUST EQUITIZATION - CAPITAL GAIN DISTRIBUTION | P | $3,776,349 | -$3,776,349 | $0 | -$3,776,349 | |
| PASS THROUGH GAIN/LOSS | P | $3,440,557 | -$3,440,557 | $0 | -$3,440,557 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$13,715,539 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $153,405 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $153,405 | SubtotalAmt |
| Tax Based On Investment Income | $153,405 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $182,684 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $207,684 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $54,279 | OverpaymentAmt |
| Applied To ES Tax | $54,279 | 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 | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | false | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | TIM KEITH | 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 | false | ForeignAccountsQuestionInd |
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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| JIM C WALTON | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR, PRESIDENT | 1.000 | $0 | $0 | $0 |
| Buddy D Philpot | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | Secretary | 31.000 | $605,231 | $156,066 | $0 |
| ROBERT A SMITH | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | TREASURER | 0.500 | $0 | $0 | $0 |
| LYNNE M WALTON | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR, VICE PRESIDENT | 1.000 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| MCCOWNGORDON CONSTRUCTION LLC | ||||||
| 850 Main Street | Kansas City | MO | 64105 | Construction Services | $11,735,751 | |
| BALDWIN & SHELL CONSTRUCTION COMPANY | ||||||
| PO Box 1750 | Little Rock | AR | 72203 | Construction Services | $9,279,060 | |
| HART CONSTRUCTION LLC | ||||||
| 1560 WEST BEEBE CAPPS | SEARCY | AR | 72143 | CONSTRUCTION SERVICES | $2,488,259 | SUITE C 102 |
| WALTON ENTERPRISES LLC | ||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | MANAGEMENT SERVICES | $830,108 | |
| THE NELSON ARCHITECTURAL GROUP INC | ||||||
| PO BOX 5039 | PINE BLUFF | AR | 71611 | ARCHITECTURAL SERVICES | $571,648 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 14 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HOGAN PREPARATORY ACADEMY, INC. - PROVIDE FINANCING FOR THE CONSTRUCTION OF NEW PERMANENT HIGH SCHOOL AND MIDDLE SCHOOL FACILITIES. | Description1Txt |
| Expenses1 | $12,660,930 | Expenses1Amt |
| Total | $12,660,930 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $522,148,433 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $21,735,934 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $543,884,367 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $543,884,367 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,158,266 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $535,726,101 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $26,786,305 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $26,786,305 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $153,405 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $153,405 | TotalTaxAmt |
| Distributable Before Adj | $26,632,900 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $146,440 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $26,779,340 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $26,779,340 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $23,158,646 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $12,660,930 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $16,357,200 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $52,176,776 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $26,779,340 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $5,207,126 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $52,176,776 | QualifyingDistributionsAmt |
| Applied To Year1 | $5,207,126 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,779,340 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $20,190,310 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $20,190,310 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $20,190,310 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $20,190,310 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JIM C WALTON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| American Enterprise Institute for Public Policy Research | ||||||
| 1789 Massachusetts Avenue NW | Washington | DC | 20036 | PC | To provide General operating Support | $150,000 |
| Arkansas Childrens Foundation | ||||||
| 1 Childrens Way | Little Rock | AR | 72202 | PC | To support Arkansas Children's Hospital- Injury Prevention | $5,000 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | To support the Valley View Schoolhouse and Trail Stop | $528,256 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support the design of a new tunnel under Highway 102 that will connect to the new 8th Street Park as part of the SW Bentonville trail | $60,000 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support construction costs of a concrete trail connecting WOKA Whitewater Park to Siloam Springs | $2,993,159 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support the maintenance of the mountain bike trails located in Northwest Arkansas | $500,000 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support the engineering design costs of the tunnel to reroute the Greenway trail under Hwy 102 near P Street. | $28,634 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support the Grantee's trail improvements, extensions, and the design of the NE A Street Bridge. | $277,157 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support increased access and additional parking for Slaughter Pen Mountain Hollow Multi-use Trail System. | $16,850 |
| Boys & Girls Club of Denison | ||||||
| 2100 South Mirick Avenue | Denison | TX | 75020 | PC | to help with disadvantaged youth in need and allow for program scholarships | $7,500 |
| Cato Institute | ||||||
| 1000 Massachusetts Avenue NW | Washington | DC | 200015403 | PC | To provide General operating Support | $10,000 |
| Centers for Youth and Families Inc | ||||||
| P O Box 251970 | Little Rock | AR | 72225 | PC | to support the residential children's treatment program providing psychiatric help and educational services | $15,500 |
| City of Sherman | ||||||
| Sherman Animal Shelter | Sherman | TX | 75090 | GOV | to find new homes for stray animals and expenses related to the program | $7,500 |
| Cookson Hills Christian School Inc | ||||||
| 60416 Highway 10 | Kansas | OK | 743479533 | PC | To provide General operating Support | $40,000 |
| EXODUSLIFE | ||||||
| 3700A W 65th Street | Little Rock | AR | 72209 | PC | to support educational and training programs to restore previously incarcerated men and women to their families and communities | $12,000 |
| Habitat for Humanity of Grayson County | ||||||
| 901 N Grand Avenue | Sherman | TX | 75090 | PC | to build homes for families in need | $7,500 |
| Heartland Forward Inc | ||||||
| 110 NW 2nd Street | Bentonville | AR | 72712 | PC | To provide General operating Support | $5,405,023 |
| Heritage Foundation | ||||||
| 214 Massachusetts Avenue NE | Washington | DC | 200024999 | PC | To provide General operating Support | $10,000 |
| Home Hospice of Grayson County | ||||||
| 505 W Center Street | Sherman | TX | 75090 | PC | to provide medical care for terminally ill, bereavement counseling, and social workers | $7,500 |
| Humane Society of Pulaski County | ||||||
| 14600 Colonel Glenn Road | Little Rock | AR | 72210 | PC | to rescue, rehabilitate, provide veterinary care, spay/neuter, and find loving homes for Central Arkansas dogs and cats in need | $5,000 |
| Institute for Humane Studies | ||||||
| George Mason University | Arlington | VA | 22201 | PC | To provide General operating Support | $40,000 |
| Northwest Arkansas Council Foundation | ||||||
| 4100 Corporate Drive Suite 205 | Springdale | AR | 72762 | SO II | to support a study on funding options for accelerating highway construction in Northwest Arkansas, focused on Highway 412. | $150,000 |
| Northwest Arkansas Land Trust | ||||||
| 1725 Smokehouse Trail | Fayetteville | AR | 72701 | PC | to acquire and conserve high-priority greenspace in-parcels around Lake Frances, in Benton County, Arkansas, for conservation and low-impact access via trails and greenspace | $57,478 |
| Texas A&M University-Kingsville | ||||||
| 700 University MSC 218 | Kingsville | TX | 78363 | GOV | to support the general operations of the Grantee's Caesar Kleberg Wildlife Research Institute in 2022 | $5,000 |
| Texoma Family Shelter Inc | ||||||
| 331 W Morton | Denison | TX | 75020 | PC | to support homeless families by providing shelter and food | $7,500 |
| The Board of Trustees of the Leland Stanford Junior University | ||||||
| PO Box 20466 Development Service | Stanford | CA | 943090466 | PC | to support K-12 education reform through the Hoover Institution in 2022 | $10,000 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | To provide General operating Support | $3,151,700 |
| Walton Family Foundation Inc | ||||||
| PO BOX 2030 | Bentonville | AR | 72712 | PF | to support costs associated with the NWA Land Bank Fund acquisitions | $7,772,027 |
| Walton Family Foundation Inc | ||||||
| PO BOX 2030 | Bentonville | AR | 72712 | PF | Donation of land on HWY 59, Siloam Springs, AR | $254,307 |
| Watershed Conservation Resource Center | ||||||
| 380 West Rock Street | Fayetteville | AR | 72701 | PC | to develop a stream and riparian restoration plan for a section of Town Branch near the Slaughter Pen Hollow Multi-Use Trail System in Bentonville | $25,000 |
| Walton Family Foundation Inc | ||||||
| PO Box 2030 | Bentonville | AR | 72712 | PF | GRANT TO NON-OPERATING FOUNDATION FOR DONATION OF LAND ON HWY 59, SILOAM SPRINGS, AR NOT TREATED AS A QUALIFYING DISTRIBUTION UNDER IRC SECTION 4942 (G) (3) BY THE GRANTEE. | -$254,307 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $21,305,284 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,642,395 | ExclusionAmt |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $173,197 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$13,715,539 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| NORTHERN TRUST INCOME/(LOSS) | 14 | -$318,687 | |
| Recoveries of Prior Year Grants | $17,087 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$1,218,634 | ExclusionAmt |
| Related Or Exempt Function Incm | $17,087 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$1,201,547 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11b | LineNumberTxt |
| Relationship Statement | AMOUNT REPRESENTS REFUNDS OF UNUSED GRANT FUNDS TREATED AS QUALIFYING DISTRIBUTIONS IN PRIOR YEARS | RelationshipStatementTxt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hogan Preparatory Academy | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5809 Michigan Avenue | AddressLine1Txt |
| City | Kansas City | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,687,500 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $85,491 | Amt |
| Disbursements Charitable Prps | $85,491 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|
| Furniture, Fixtures, & Equipment | $32,170 |
| Buildings | $243,673 |
| Building Improvements | $5,558 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE PEEL COMPTON FOUNDATION | |||||||||||
| 312 N MAIN STREET | BENTONVILLE | AR | 72712 | 2021-09-16 | $48,726 | OSAGE PARK WAYFINDING SIGNAGE | $48,726 | NONE | 04/26/22; 07/26/22 | 2022-07-26 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| THE PEEL COMPTON FOUNDATION | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2022-10-20 | $3,151,700 | To provide General operating Support | $3,151,700 | NONE | 06/09/23 | 2023-06-09 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO BOX 2030 | BENTONVILLE | AR | 72712 | 2021-12-17 | $15,000,000 | TO SUPPORT ILLINOIS RIVER WHITEWATER PARK (WOKA) AND ARKANSAS PARKS DELTA TRAIL | $15,000,000 | NONE | 11/08/22; 10/24/23 | 2023-10-24 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO BOX 2030 | Bentonville | AR | 72712 | 2022-07-15 | $2,898,779 | To support costs associated with the NWA Land Bank Fund acquisitions | $2,898,779 | NONE | 10/24/23 | 2023-10-24 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO BOX 2030 | Bentonville | AR | 72712 | 2022-09-30 | $2,692,397 | To support costs associated with the NWA Land Bank Fund acquisitions | $2,692,397 | NONE | 10/27/23 | 2023-10-27 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO BOX 2030 | Bentonville | AR | 72712 | 2022-12-16 | $2,180,851 | To support costs associated with the NWA Land Bank Fund acquisitions | $966,809 | NONE | 02/15/23 | 2023-02-15 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO BOX 2030 | bentonville | AR | 72712 | 2022-08-31 | $254,307 | DONATION OF LAND ON HWY 59, SILOAM SPRINGS, AR | $0 | NONE | 11/09/23 | 2023-11-09 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFIICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Northern Trust Cash | AT COST | $68,471,128 | $78,313,912 |
| Northern EAFE Acct | AT COST | $159,836,892 | $173,205,008 |
| Northern R1000 Acct | AT COST | $85,078,456 | $123,383,605 |
| Northern Cash Equitization | AT COST | $4,741,318 | $4,757,155 |
| Hawthorn FL | AT COST | $119,543,356 | $116,037,630 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| Land | $7,949,613 | $7,949,613 | $7,949,613 | |
| Construction in Progress | $8,940,082 | $8,940,082 | $8,940,082 | |
| Buildings | $16,768,379 | $16,434,684 | $16,434,684 | $333,695 |
| Building Improvements | $216,761 | $208,424 | $208,424 | $8,337 |
| Furniture, Fixtures, & Equipment | $585,562 | $530,417 | $530,417 | $55,145 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $86,547 | LegalFeesAmt |
| Disbursements Charitable Prps | $86,547 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deposits | Desc |
| BOY Book Value | $3,793 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Miscellaneous | $38,633 | $38,633 | |
| Pass-through - Other Deductions | $35,250 | $35,250 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Northern Trust | -$318,687 | -$318,687 |
| Recoveries of Prior Year Grants | $17,087 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hogan Preparatory Academy Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | PROGRAM-RELATED INVESTMENT | InsiderRelationshipTxt |
| Loan Original | $16,250,000 | LoanOriginalAmt |
| Balance Due | $14,910,716 | BalanceDueAmt |
| Note | 2021-07 | NoteDt |
| Loan Maturity | 2027-06 | LoanMaturityDt |
| Repayment Terms | Principal Due and Payable at Maturity | RepaymentTermsTxt |
| Interest | 0.0 | InterestRt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | TO CONSTRUCT NEW PERMANENT HIGH SCHOOL AND MIDDLE SCHOOL FACILITIES. | LoanPurposeTxt |
| Lender Consideration | Cash | LenderConsiderationDesc |
| Consideration FMV | $14,910,716 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrator & Management Fees | $226,649 | $226,649 | |
| Investment Management Fees | $381,965 | $381,965 | |
| Consulting Fees | $651,042 | $651,042 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Northern Trust - Foreign Taxes | $868,556 | $868,556 |
| Excise Tax | $150,000 |