THE WALTON FAMILY CHARITABLE SUPPORT FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: THE WALTON FAMILY CHARITABLE SUPPORT FOUNDATION INC (EIN 58-1766770)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-10-31
IRS object ID: 202233049349302288
Schema version: 2021v4.2
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
Schedule A
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-10-31T22:30:28-05:00	ReturnTs
Tax Period End	2021-12-31	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	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	581766770	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Walton Family Charitable Support Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	WALT	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2030	AddressLine1Txt
City	BENTONVILLE	CityNm
State Abbreviation	AR	StateAbbreviationCd
ZIP	72712	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	M SEAN EVANS	PersonNm
Person Title	SECRETARY	PersonTitleTxt
Signature	2022-10-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	M SEAN	PersonFirstNm
Person Last	EVANS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KENT C CROUCH	PreparerPersonNm
PTIN	P00810750	PTIN
Phone	4794641500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Mark Simmons	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	410 W Central	AddressLine1Txt
City	Siloam Springs	CityNm
State Abbreviation	AR	StateAbbreviationCd
ZIP	76761	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$192,309,958	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1987	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	THE FOUNDATION ACTS AS A SUPPORTING ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3) AND 509 (A)(3) FOR CERTAIN PUBLIC CHARITIES BY MAKING GRANTS TO SUCH ORGANIZATIONS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$649,299,913	PYInvestmentIncomeAmt
CY Investment Income	$82,520,571	CYInvestmentIncomeAmt
PY Other Revenue	$218,463	PYOtherRevenueAmt
CY Other Revenue	-$345,421	CYOtherRevenueAmt
PY Total Revenue	$649,518,376	PYTotalRevenueAmt
CY Total Revenue	$82,175,150	CYTotalRevenueAmt
PY Grants And Similar Paid	$44,972,059	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$66,504,790	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$16,000	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,116,404	PYOtherExpensesAmt
CY Other Expenses	$2,323,272	CYOtherExpensesAmt
PY Total Expenses	$46,088,463	PYTotalExpensesAmt
CY Total Expenses	$68,844,062	CYTotalExpensesAmt
PY Revenues Less Expenses	$603,429,913	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$13,331,088	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,131,575,285	TotalAssetsBOYAmt
Total Assets EOY	$1,144,906,373	TotalAssetsEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,131,575,285	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,144,906,373	NetAssetsOrFundBalancesEOYAmt
Mission	THE FOUNDATION'S MISSION IS TO OPERATE AS A SUPPORTING ORGANIZATION TO (I) PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES OPERATING IN THE STATE OF ARKANSAS AND (II) COMMUNITY FOUNDATIONS OPERATING IN FIVE STATES WHCH INCLUDE: ARKANSAS, KANSAS, MISSOURI, OKLAHOMA, AND TEXAS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$66,504,790	ExpenseAmt
Grant	$66,504,790	GrantAmt
Desc	GRANTS FOR SUPPORTED ORGANIZATIONS DESCRIBED IN SCHEDULE A, PART I, LINE G	Desc
Total Program Service Expenses	$66,504,790	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	6	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHANNA A JONES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
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

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ED FRYAR
DIRECTOR, TREASURER	1.0	0	Yes (X)	Yes (X)	$2,000	$0	$0
HEATHER LARKIN
DIRECTOR, VICE PRESIDENT	1.0	40.0	Yes (X)	Yes (X)	$4,000	$290,650	$51,357
MARK SIMMONS
DIRECTOR, PRESIDENT	1.0	0	Yes (X)	Yes (X)	$4,000	$0	$0
SEAN EVANS
DIRECTOR, SECRETARY	1.0	0	Yes (X)	Yes (X)	$0	$0	$0
KAREN MINKEL
DIRECTOR (Until 12/08/21)	1.0	0	Yes (X)		$0	$0	$0
RICHARD DUNSWORTH
DIRECTOR	1.0	40.0	Yes (X)		$4,000	$272,114	$43,699
ROBERT BURNS
DIRECTOR (From 12/08/21)	1.0	0	Yes (X)		$0	$0	$0
STEUART L WALTON
DIRECTOR	1.0	0.0	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$14,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$562,764	TotReportableCompRltdOrgAmt
Total Other Compensation	$95,056	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORTHERN TRUST COMPANY	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	50 S LASALLE STREET	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
Services	INVESTMENTS	ServicesDesc
Compensation	$470,321	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$0	AllOtherContributionsAmt
Total Contributions	$0	TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$47,948,900	TotalRevenueColumnAmt
Exclusion	$47,948,900	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$144,706,479	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$110,134,808	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$34,571,671	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,571,671	TotalRevenueColumnAmt
Exclusion	$34,571,671	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	NORTHERN TRUST - OTHER INCOME/LOSS	Desc
Business	523000	BusinessCd
Total Revenue Column	-$345,421	TotalRevenueColumnAmt
Exclusion	-$345,421	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	-$345,421	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$82,175,150	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$82,175,150	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$66,504,790	TotalAmt
Program Services	$66,504,790	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$16,000	TotalAmt
Management And General	$16,000	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$26,400	TotalAmt
Management And General	$26,400	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$470,321	TotalAmt
Management And General	$470,321	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$24,434	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$24,434	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt
NT Foreign Taxes	$1,801,282	$1,801,282
Miscellaneous	$567	$567
Pass Through Deductions	$268	$268

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$68,844,062	TotalAmt
Program Services	$66,504,790	ProgramServicesAmt
Management And General	$2,339,272	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$152,784	BOYAmt
EOY	$442,415	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$131,768	BOYAmt
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$0	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$837,830,191	BOYAmt
EOY	$851,003,089	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$293,460,542	BOYAmt
EOY	$293,460,869	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,131,575,285	BOYAmt
EOY	$1,144,906,373	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$1,131,575,285	BOYAmt
EOY	$1,144,906,373	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,131,575,285	BOYAmt
EOY	$1,144,906,373	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,131,575,285	BOYAmt
EOY	$1,144,906,373	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$13,331,088	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type1	Yes (X)	SupportingOrgType1Ind
IRS Written Determination	Yes (X)	IRSWrittenDeterminationInd
Supported Organizations	6	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (6 entries)

EINEIN	Organization TypeOrganizationTypeCd	Governing Document ListedGoverningDocumentListedInd	SupportSupportAmt	Other SupportOtherSupportAmt
ARKANSAS COMMUNITY FOUNDATION
521055743	8	Yes (true)	$809,792	$0
HARDING UNIVERSITY
710236896	2	Yes (true)	$2,057,605	$0
JOHN BROWN UNIVERSITY
710239576	2	Yes (true)	$2,858,416	$0
NORTHWEST ARKANSAS COMMUNITY COLLEGE
710685540	6	Yes (true)	$750,394	$0
UNIVERSITY OF ARKANSAS
716003252	6	Yes (true)	$52,409,234	$0
UNIVERSITY OF THE OZARKS
710236867	2	Yes (true)	$7,619,349	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	6	SupportedOrganizationsTotalCnt
Support Sum	$66,504,790	SupportSumAmt
Other Support Sum	$0	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	false	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	false	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	false	SupportedOrgSectionC456Ind
Supported Org Not Organized US	false	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	Yes (true)	OrganizationChangeSuprtOrgInd
Supported Org Class Designated	Yes (true)	SupportedOrgClassDesignatedInd
Support Non Supported Org	false	SupportNonSupportedOrgInd
Payment Substantial Contribtr	false	PaymentSubstantialContribtrInd
Loan Disqualified Person	false	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	false	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	Yes (true)	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	false	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	false	ExcessBusinessHoldingsRulesInd
Contribution Controller	false	ContributionControllerInd
Contribution Family	false	ContributionFamilyInd
Contribution35 Controlled	false	Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

Field	Value	IRS element (for citing)
Power Appoint Majority Dir Trst	Yes (true)	PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org	false	OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name	SUPPORTED ORGANIZATIONS ARE LISTED BY CLASS IN THE ORGANIZATION'S CERTIFICATE OF INCORPORATION. THE ORGANIZATION HAS PROVIDED AND CONTINUES TO PROVIDE FUNDING TO THE UNIVERSITY OF THE OZARKS, HARDING UNIVERSITY, JOHN BROWN UNIVERSITY, UNIVERSITY OF ARKANSAS, AND THE ARKANSAS COMMUNITY FOUNDATION. THE ORGANIZATION INTENDS TO CONTINUE ITS LONGSTANDING RELATIONSHIP WITH THESE ENTITIES. THE ORGANIZATION ALSO ADDED A SUPPORTED ORGANIZATION DURING THE YEAR, NORTHWEST ARKANSAS COMMUNITY COLLEGE ("NWACC"). AT THE REQUEST OF EACH OF UNIVERSITY OF ARKANSAS AND NWACC, THE ORGANIZATION PROVIDES ITS FUNDING FOR THESE TWO INSTITUTIONS THROUGH THEIR RESPECTIVE AFFILIATED FOUNDATIONS, WHICH ARE PUBLIC CHARITIES OPERATED IN CONNECTION WITH THESE INSTITUTIONS.
Schedule A, Part IV, Section A, Line 5a Added, Substituted, or Removed Sup. Org.	THE ORGANIZATION ADDED ONE SUPPORTED ORGANIZATION DURING THE YEAR: NORTHWEST ARKANSAS COMMUNITY COLLEGE ("NWACC"). THE ORGANIZATION'S MISSION IS TO OPERATE AS A SUPPORTING ORGANIZATION TO (I) PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES OPERATING IN THE STATE OF ARKANSAS AND (II) COMMUNITY FOUNDATIONS OPERATING IN FIVE STATES WHICH INCLUDE: ARKANSAS, KANSAS, MISSOURI, OKLAHOMA AND TEXAS. NWACC FITS WITHIN THIS FIRST CLASS OF SUPPORTED ORGANIZATIONS. AT NWACC'S REQUEST, THE ORGANIZATION PAID ITS SUPPORT FOR NWACC THROUGH NWACC'S AFFILIATED FOUNDATION.
Schedule A, Part IV, Section A, Line 9b Disqualified Persons Controlling Interest In Any Entity	THE ORGANIZATION HOLDS, AS PART OF ITS DIVERSIFIED INVESTMENT PORTFOLIO, UNITS IN WALTON ENTERPRISES LLC, WHICH LLC IS CONTROLLED BY DISQUALIFIED PERSONS (DPS). THIS LLC INVESTMENT PRODUCES SUBSTANTIAL REGULAR INCOME WHICH THE ORGANIZATION USES TO FUND ITS CHARITABLE DISTRIBUTIONS. ONLY ONE DP IS ON THE ORGANIZATION'S BOARD OF DIRECTORS, WHICH IS CONTROLLED BY APPOINTEES OF THE ORGANIZATION'S PUBLIC CHARITY-SUPPORTED ORGANIZATIONS. THE ORGANIZATION'S INVESTMENT COMMITTEE CONSISTS ONLY OF PUBLIC CHARITY-APPOINTEES (AND NO DPS).

Schedule D IRS990ScheduleD

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	Walton Enterprises, LLC	Desc
Book Value	$293,460,869	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$293,460,869	TotalBookValueSecuritiesAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
Arkansas Community Foundation Inc
1400 WEST MARKHAM	LITTLE ROCK	AR	72201	521055743	501(C)(3)	$809,792	2021 Annual Operations support and to Support costs associated with Single Parent Scholarship Funds of Benton County and Northwest Arkansas.
Harding University
PO BOX 10772	SEARCY	AR	72149	710236896	501(C)(3)	$2,057,605	International Scholarship Program
John Brown University
2000 WEST UNIVERSITY STREET	SILOAM SPRINGS	AR	72761	710239576	501(C)(3)	$2,858,416	International Scholarship Program
Northwest Arkansas Community College Foundation Inc
One College Drive	BENTONVILLE	AR	72712	710697377	501(C)(3)	$750,394	to support the new NWACC Cycling and Technician Education Center.
University of Arkansas Foundation Inc - Pine Bluff
1200 North University Drive	Pine Bluff	AR	71601	716056774	501(C)(3)	$251,661	Support the cost of eight internship opportunities to rising sophomores and juniors attending University of Arkansas - Pine Bluff.
University of Arkansas Foundation Inc
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$4,481,084	to fund key positions and support in the University Technology Ventures Office.
University of Arkansas Foundation Inc
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$45,120,000	Research - Establishment of University Research Building
University of Arkansas Foundation Inc - KUAF
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$50,000	2021 annual operating support for KUAF radio
University of Arkansas Foundation Inc
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$181,489	To support two career development center positions for the College of Education and Health Professions and the Fulbright College of Arts and Sciences.
University of Arkansas Foundation Inc
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$1,500,000	To support three new programs at the University's Sam M. Walton College of Business.
University of Arkansas Foundation Inc
535 RESEARCH CENTER BLVD	FAYETTEVILLE	AR	72701	716056774	501(C)(3)	$825,000	General Operating Support for the University of Arkansas.
University of the Ozarks
415 N COLLEGE AVENUE	CLARKSVILLE	AR	72830	710236867	501(C)(3)	$2,312,648	International Scholarship Program
University of the Ozarks
415 N COLLEGE AVENUE	CLARKSVILLE	AR	72830	710236867	501(C)(3)	$5,306,701	To support a challenge grant for the expansion and renovation of the Science Center.

Field	Value	IRS element (for citing)
Total501c3 Org	6	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	WITH EVERY GRANT, THE FOUNDATION REQUIRES THE GRANTEE TO USE THE FUNDS FOR ITS SPECIFIED EXEMPT PURPOSE. IN ADDITION, THE GRANTEE IS REQUIRED TO PREPARE A FINANCIAL AND NARRATIVE REPORT DUE WITHIN ONE YEAR OF RECEIPT OF THE GRANT. THE REPORT DETAILS HOW THE GRANT FUNDS WERE SPENT AND MUST BE REVIEWED AND APPROVED BY MANAGEMENT BEFORE ADDITIONAL GRANT FUNDS CAN BE PAID TO THE GRANTEE. CERTAIN FOUNDATION DIRECTORS ARE ALSO DIRECTORS OR OFFICERS OF THE ORGANIZATIONS THE FOUNDATION SUPPORTS, WHICH IS VERY HELPFUL TO THE FOUNDATION'S BOARD IN KEEPING THE BOARD APPRISED OF SUPPORTED ORGANIZATIONS ACTIVITIES AND HOW GRANT FUNDS ARE EXPENDED.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
HEATHER LARKIN
DIRECTOR, VICE PRESIDENT	$4,000	$290,650	$0	$0	$0	$0	$0	$45,500	$0	$5,857	$4,000	$342,007	$0	$0
RICHARD DUNSWORTH
DIRECTOR	$4,000	$272,114	$0	$0	$0	$0	$0	$23,053	$0	$20,646	$4,000	$315,813	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 2	STEUART L. WALTON, DIRECTOR, AND DIRECTORS M. SEAN EVANS, KAREN MINKEL AND ROBERT BURNS HAVE A BUSINESS RELATIONSHIP.
Form 990, Part VI, Line 6 Classes of members or stockholders	THE ORGANIZATION HAS THREE CLASS B MEMBERS AND FOUR CLASS A MEMBERS FOR A TOTAL OF EIGHT MEMBERS. EACH CLASS A MEMBER AUTOMATICALLY BECOMES A CLASS A DIRECTOR. THERE ARE THREE CLASS B DIRECTORS WHICH ARE ELECTED BY THE MAJORITY VOTE OF THE CLASS B MEMBERS.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	CLASS B MEMBERS MAY ELECT CLASS B DIRECTORS WHO ARE A MINORITY PORTION OF THE GOVERNING BODY.
Form 990, Part VI, Line 11b Review of form 990 by governing body	AFTER PREPARATION AND REVIEW OF THE FORM 990 HAS BEEN COMPLETED, THE FORM IS SUBMITTED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL PRIOR TO FILING OF THE RETURN.
Form 990, Part VI, Line 12c Conflict of interest policy	ON AN ANNUAL BASIS, EACH DIRECTOR MUST COMPLETE A CONFLICTS OF INTEREST POLICY STATEMENT AND DISCLOSE ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST WITH ANY ORGANIZATION AND OR INDIVIDUAL.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	CERTAIN OF THE ORGANIZATION'S DIRECTORS AND OFFICERS (PUBLIC CHARITY-AFFILIATED DIRECTORS) RECEIVE A $2,000 ANNUAL STIPEND FOR THEIR SERVICE IN THESE POSITIONS. THIS AMOUNT IS BELOW THE MEDIAN AND AVERAGE AMOUNTS PAID BY COMPARABLE ORGANIZATIONS BASED ON COMPENSATION DATA, AND IS APPROVED BY THE ORGANIZATION'S FULL BOARD.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	CERTAIN OF THE ORGANIZATION'S DIRECTORS AND OFFICERS (PUBLIC CHARITY-AFFILIATED DIRECTORS) RECEIVE A $2,000 ANNUAL STIPEND FOR THEIR SERVICE IN THESE POSITIONS. THIS AMOUNT IS BELOW THE MEDIAN AND AVERAGE AMOUNTS PAID BY COMPARABLE ORGANIZATIONS BASED ON COMPENSATION DATA, AND IS APPROVED BY THE ORGANIZATION'S FULL BOARD.
Form 990, Part VI, Line 19 Required documents available to the public	THE FOUNDATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST BY ORGANIZATIONS THAT QUALIFY TO RECEIVE FUNDING FROM THE FOUNDATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
ARKANSAS COMMUNITY FOUNDATION
1400 WEST MARKHAM	LITTLE ROCK	AR	72201	521055743	CHARITABLE	AR	501(c)(3)	8	NA	false
UNIVERSITY OF THE OZARKS
415 N COLLEGE AVENUE	CLARKSVILLE	AR	72830	710236867	UNIVERSITY	AR	501(c)(3)	2	NA	false
HARDING UNIVERSITY
PO BOX 10772	SEARCY	AR	72149	710236896	UNIVERSITY	AR	501(c)(3)	2	NA	false
JOHN BROWN UNIVERSITY
2000 WEST UNIVERSITY STREET	SILOAM SPRINGS	AR	72761	710239576	UNIVERSITY	AR	501(c)(3)	2	NA	false
UNIVERSITY OF ARKANSAS
1001 E Sain St	FAYETTEVILLE	AR	72703	716003252	UNIVERSITY	AR	501(c)(3)	6	NA	false
NORTHWEST ARKANSAS COMMUNITY COLLEGE
ONE COLLEGE DRIVE	BENTONVILLE	AR	72712	710685540	UNIVERSITY	AR	501(c)(3)	6	NA	false

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd