TOWN BRANCH FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TOWN BRANCH FOUNDATION (EIN 82-3575662)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349103291
- Schema version
- 2024v5.1
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T12:45:19+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 2024-01-01 | 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 D PHILPOT | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Signature | 2025-11-14 | 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 | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $611,949,923 | 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 | $35,550,004 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $13,206,431 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,206,431 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,450,291 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $89,009,973 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,450,291 | 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 | $1,357,440 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,002,627 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $66,564,166 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $30,659,349 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $986,004 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $986,004 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $254,253 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $254,253 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $92,672 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $92,672 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $103,031 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $103,031 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,077,779 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $399,002 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,678,777 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $298 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $298 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,274,093 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $825,663 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,315,907 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $16,356 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $16,356 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $45,172 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $32,068 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $13,104 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,165,565 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,257,031 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,144,197 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $29,982,571 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $29,982,571 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $37,148,136 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,257,031 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $34,126,768 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $29,416,030 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $29,402,318 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $408,974 | CashBOYAmt |
| Cash EOY | $2,837,947 | CashEOYAmt |
| Cash EOYFMV | $2,837,947 | CashEOYFMVAmt |
| Acct Rcvbl | $398 | AcctRcvblAmt |
| Acct Rcvbl BOY | $438 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $398 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $398 | 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 | $30,426,638 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $15,271,055 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $30,426,638 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $30,426,638 | 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 | $398,245,659 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $359,907,516 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $471,858,642 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $109,380,108 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,553,810 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $56,656,641 | LandBOYAmt |
| Land EOY | $106,826,298 | LandEOYAmt |
| Land EOYFMV | $106,826,298 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $470,582,767 | TotalAssetsBOYAmt |
| Total Assets EOY | $499,998,797 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $611,949,923 | 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 | $470,582,767 | RetainedEarningBOYAmt |
| Retained Earning EOY | $499,998,797 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $470,582,767 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $499,998,797 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $470,582,767 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $499,998,797 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $470,582,767 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $29,416,030 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $499,998,797 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $499,998,797 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 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 CASH ACCOUNT - VARIOUS STOCKS | P | $12,471,123 | $11,500,072 | $971,051 | $0 | $971,051 |
| NORTHERN TRUST CASH ACCOUNT - VARIOUS STOCKS | P | $4,277,131 | $3,448,680 | $828,451 | $0 | $828,451 |
| NORTHERN TRUST EAFE - VARIOUS STOCKS | P | $24,113,865 | $22,859,113 | $1,254,752 | $0 | $1,254,752 |
| NORTHERN TRUST EAFE - VARIOUS STOCKS | P | $7,938,775 | $5,552,633 | $2,386,142 | $0 | $2,386,142 |
| NORTHERN TRUST EAFE - CAPITAL GAIN DISTRIBUTION | P | $18,278 | -$18,278 | $0 | -$18,278 | |
| NORTHERN TRUST R1000 - VARIOUS STOCKS | P | $14,964,290 | $13,786,713 | $1,177,577 | $0 | $1,177,577 |
| NORTHERN TRUST R1000 - VARIOUS STOCKS | P | $20,876,704 | $11,464,974 | $9,411,730 | $0 | $9,411,730 |
| NORTHERN TRUST R1000 - CAPITAL GAIN DISTRIBUTION | P | $37,777 | $37,777 | $0 | $37,777 | |
| NORTHERN TRUST EQUITIZATION - VARIOUS STOCKS | P | $3,930,125 | $3,929,219 | $906 | $0 | $906 |
| NORTHERN TRUST EQUITIZATION - SECTION 1256 GAINS | P | $77,795 | $77,795 | $0 | $77,795 | |
| PASS THROUGH GAIN/LOSS | P | $322,388 | $322,388 | $0 | $322,388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,450,291 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $408,692 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $408,692 | SubtotalAmt |
| Tax Based On Investment Income | $408,692 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $425,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $525,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $116,308 | OverpaymentAmt |
| Applied To ES Tax | $116,308 | 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 | Yes (true) | 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR, CO-PRESIDENT | 1.00 | $0 | $0 |
| BUDDY D PHILPOT | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | SECRETARY (UNTIL 09/30/24) | 31.00 | $677,212 | $174,627 |
| MARC HOLLEY | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | VICE PRESIDENT (AS OF 09/30/24), EXECUTIVE DIRECTOR | 30.00 | $308,792 | $79,626 |
| LUKE MITCHELL | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | TREASURER | 0.50 | $0 | $0 |
| LYNNE WALTON | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR, Vice President (Until 09/30/24), Co-President (As of 09/30/24) | 1.00 | $0 | $0 |
| JEFF DEAN | |||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | SECRETARY (FROM 09/30/24) | 0.50 | $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 |
|---|---|---|---|---|---|
| Clark Contractors LLC | |||||
| PO BOX 17361 | LITTLE ROCK | AR | 72222 | CONSTRUCTION SERVICES | $13,595,754 |
| Walton Enterprises LLC | |||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | MANAGEMENT SERVICES | $3,051,587 |
| Murray Contractors LLC | |||||
| 2 REMINGTON COVE | LITTLE ROCK | AR | 72204 | CONSTRUCTION SERVICES | $2,464,904 |
| Witsell Evans and Rasco PA | |||||
| 901 W THIRD | LITTLE ROCK | AR | 72201 | Architectural Services | $1,143,136 |
| Baldwin and Shell Construction Company | |||||
| PO BOX 1750 | LITTLE ROCK | AR | 72203 | CONSTRUCTION SERVICES | $979,978 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 9 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Equitable Facilities Fund - EFF Bridge Loan | Description1Txt |
| Expenses1 | $45,585,000 | Expenses1Amt |
| Description2 | Dove Charter Public School Foundation - North Facility Expansion in OKC | Description2Txt |
| Expenses2 | $15,401,520 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $13,762 | AllOtherProgramRltdInvstTotAmt |
| Total | $61,000,282 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $461,678,419 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $18,901,295 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $480,579,714 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $480,579,714 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,208,696 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $473,371,018 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $23,668,551 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $23,668,551 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $408,692 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $408,692 | TotalTaxAmt |
| Distributable Before Adj | $23,259,859 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $46,824,665 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $70,084,524 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $70,084,524 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $34,126,768 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $61,000,282 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $18,742,235 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $113,869,285 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $70,084,524 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | 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 | $20,190,310 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $45,292,368 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $65,482,678 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $113,869,285 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $70,084,524 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $43,784,761 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $109,267,439 | 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 | $109,267,439 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $20,190,310 | ExcessFromYear2Amt |
| Excess From Year1 | $45,292,368 | ExcessFromYear1Amt |
| Excess From Current Year | $43,784,761 | 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 (63 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Advance Rural Education Foundation | ||||||
| PO Box 2308 | Seminole | OK | 74818 | PC | The Academy of Okmulgee expansion | $330,000 |
| American Enterprise Institute for Public Policy Research | ||||||
| 1789 Massachusetts Avenue NW | Washington | DC | 20036 | PC | To support general operations | $150,000 |
| Arkansas Childrens Foundation | ||||||
| 1 Childrens Way | Little Rock | AR | 72202 | PC | to support the vehicular heat stroke prevention campaign | $5,000 |
| Arkansas Public School Resource Center Inc | ||||||
| 1401 W Capitol Suite 315 | Little Rock | AR | 72201 | PC | To support general operations | $500,000 |
| Arkansas Public School Resource Center Inc | ||||||
| 1401 W Capitol Suite 315 | Little Rock | AR | 72201 | PC | To provide literacy specialists and coaches to implement literacy support for charter schools and serve as a self-sustaining unit for school interventions | $849,000 |
| Arkansas Public School Resource Center Inc | ||||||
| 1401 W Capitol Suite 315 | Little Rock | AR | 72201 | PC | to create a Charter Impact Team that will provide targeted support to struggling charter schools | $518,071 |
| Arkansas Public School Resource Center Inc | ||||||
| 1401 W Capitol Suite 315 | Little Rock | AR | 72201 | PC | to establish a central kitchen for charter schools to provide cost-effective meal options to students | $702,500 |
| Arkansas State University System Foundation Inc | ||||||
| PO Box 1990 | State University | AR | 72467 | PC | to support the implementation and evaluation of the BehaviorHelp program | $197,085 |
| Arkansas State University System Foundation Inc | ||||||
| PO Box 1990 | State University | AR | 72467 | PC | to support the implementation and evaluation of the Fostering Informed and Responsive Systems for Trauma: Early Care and Education program | $161,040 |
| 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 | $46,366 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support the tunnel straightening and new parking lot on NW A Street for Slaughter Pen | $88,000 |
| 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 | $586,297 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to support construction costs of soft surface trails located in Northwest Arkansas and Eastern Oklahoma near the WOKA whitewater park located on the Illinois River | $500,000 |
| Bentonville Bella Vista Trailblazer's Association Inc | ||||||
| PO Box 2821 | Bentonville | AR | 72712 | PC | to provide support to maintain the Oklahoma paved trails, the property, and the house located near the WOKA trail | $35,000 |
| Boys & Girls Club of Denison Inc | ||||||
| 2100 South Mirick Avenue | Denison | TX | 75020 | PC | for program scholarships to help with disadvantaged youth in need | $7,500 |
| Cato Institute | ||||||
| 1000 Massachusetts Avenue NW | Washington | DC | 200015403 | PC | To support general operations | $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 Bentonville | ||||||
| 305 SW A Street | Bentonville | AR | 72712 | GOV | to complete design work for a new Adult Recreation Center for the City of Bentonville | $570,120 |
| City of Bentonville | ||||||
| 305 SW A Street | Bentonville | AR | 72712 | GOV | to support the construction of the Bentonville Adult Recreation Center and for the Center Manager's salary | $2,000,000 |
| 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 support general operations | $40,000 |
| Dove Schools | ||||||
| 9212 N Kelley Ave Suite 100 | Oklahoma City | OK | 73131 | PC | Dove Schools of Tulsa Expansion | $600,000 |
| Dove Schools | ||||||
| 9212 N Kelley Ave Suite 100 | Oklahoma City | OK | 73131 | PC | Dove Schools North OKC Expansion | $550,000 |
| Dove Schools | ||||||
| 9212 N Kelley Ave Suite 100 | Oklahoma City | OK | 73131 | PC | Dove Schools South OKC Expansion | $550,000 |
| 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 |
| Harding Independence Charter District Inc | ||||||
| 1301 NE 101st St | Oklahoma City | OK | 73131 | PC | Harding Independence Charter District Elementary Expansion | $397,500 |
| Heartland Forward Inc | ||||||
| 702 SE 5th Street Suite 48 | Bentonville | AR | 72712 | PC | To support general operations | $1,661,880 |
| Heritage Foundation | ||||||
| 214 Massachusetts Avenue NE | Washington | DC | 200024999 | PC | To support general operations | $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 support general operations | $40,000 |
| Northwest Arkansas Community College Foundation Inc | ||||||
| One College Drive | Bentonville | AR | 72712 | PC | to pilot a new pathway for high school students interested in becoming early childhood educators | $98,365 |
| Oklahoma Montessori Initiative | ||||||
| PO Box 23691 | Oklahoma City | OK | 73123 | GOV | Oklahoma Montessori Initiative Start-up | $250,000 |
| Oklahoma Public School Resource Center Inc | ||||||
| 309 NW 13th Street | Oklahoma City | OK | 73107 | PC | to support the Grantee's Growing Strong Leaders Cohort | $172,000 |
| Oklahoma Public School Resource Center Inc | ||||||
| 309 NW 13th Street | Oklahoma City | OK | 73107 | PC | to provide support to launch a statewide Registered Apprenticeship Program | $620,500 |
| Oklahoma Public School Resource Center Inc | ||||||
| 309 NW 13th Street | Oklahoma City | OK | 73107 | PC | to support Fuel OKC | $1,000,030 |
| Oklahoma Public School Resource Center Inc | ||||||
| 309 NW 13th Street | Oklahoma City | OK | 73107 | PC | to implement a two-year pilot program that will assist teachers in developing and enhancing high-quality lesson plans through the introduction of Khanmingo | $140,000 |
| Phalen Leadership Academies Indiana Inc | ||||||
| 1001 Marina Drive 410 | Quincy | MA | 02171 | PC | to provide financial support to Hogan Preparatory Academy to hire up to eight academic support staff to be deployed at all three campuses in Kansas City | $695,000 |
| Proud To Partner Leadership Academy Inc | ||||||
| 4149 Highline Blvd | Oklahoma City | OK | 731082103 | PC | Proud To Partner Leadership Academy - Startup | $500,000 |
| RISE STEAM Academy | ||||||
| 915 NE 68th Street | Oklahoma City | OK | 73105 | GOV | RISE STEAM Academy Start-up | $250,000 |
| Show Me KC Schools | ||||||
| 2201 Lexington Avenue | Kansas City | MO | 64124 | PC | To design, support, and implement a common application system for [charter] schools in the St. Louis City boundaries | $488,200 |
| Social & Environmental Entrepreneurs Inc | ||||||
| 23564 Calabasas Road Suite 201 | Calabasas | CA | 91302 | PC | To serve as fiscal sponsor for Opportunities Exchange to pilot a business coaching program with early childhood providers aimed at streamlining costs to improve the quality and accessibility of early childhood education in Arkansas | $116,720 |
| Stanford University | ||||||
| PO Box 20466 Development Service | Stanford | CA | 943090466 | PC | to support K-12 education reform through the Hoover Institution | $10,000 |
| State of Oklahoma Office of Educational Quality and Accountability | ||||||
| 5400 N Grand Blvd | Oklahoma City | OK | 73112 | GOV | to support the costs associated with the Harvard Strategic Data Fellow | $49,500 |
| Texas A&M University-Kingsville | ||||||
| 700 University Blvd MSC 218 | Kingsville | TX | 78363 | GOV | to support the general operations of the Grantee's Caesar Kleberg Wildlife Research Institute | $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 Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | To support general operations | $3,854,715 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | to support costs associated with Coler Mountain Bike Park trail improvements | $442,736 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | to support costs associated with the completion of the construction design services | $330,000 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | to support the construction costs associated with the Compton House expansion | $2,572,229 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | to support the costs associated with trail and property clean-up recovery efforts | $750,000 |
| The Peel Compton Foundation | ||||||
| 312 N Main Street | Bentonville | AR | 72712 | POF | to support the costs associated with property clean-up recovery efforts for the Compton Gardens property | $190,000 |
| TNTP Inc | ||||||
| 500 7th Ave 8th floor | New York | NY | 10018 | PC | to support improved teacher practice and early literacy through high-touch teacher coaching in Phelps County, Missouri, as a pilot program for the Missouri Department of Elementary and Secondary Education to consider for expansion in other districts | $1,320,148 |
| Tulsa Community Foundation | ||||||
| 7030 S Yale Avenue Suite 600 | Tulsa | OK | 74136 | PC | to support the 918 Fund, a program focusing on the creation of 15,000 quality school seats in the next 10 years | $1,440,000 |
| Under the Canopy Inc | ||||||
| 1747 S Erie Pl | Tulsa | OK | 741126927 | PC | Under the Canopy School Start-up | $250,000 |
| University of Arkansas Foundation Inc | ||||||
| 535 W Research Center Blvd Suite | Fayetteville | AR | 72701 | PC | to support Grantee's Accelerate Student Achievement Program designed to support academic achievement, college completion, and post-graduation success among first-generation and Pell Grant-eligible students from the Arkansas Delta region | $833,333 |
| University of Arkansas Foundation Inc | ||||||
| 535 W Research Center Blvd Suite | Fayetteville | AR | 72701 | PC | to support the implementation and evaluation of the Fostering Informed and Responsive Systems for Trauma: Early Care and Education program | $252,477 |
| University of Arkansas Foundation Inc | ||||||
| 535 W Research Center Blvd Suite | Fayetteville | AR | 72701 | PC | to support the implementation and evaluation of the BehaviorHelp program | $623,324 |
| Walton Family Foundation Inc | ||||||
| PO Box 2030 | Bentonville | AR | 72712 | PF | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $733,012 |
| Walton Family Foundation Inc | ||||||
| PO Box 2030 | Bentonville | AR | 72712 | PF | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $134,028 |
| Walton Family Foundation Inc | ||||||
| PO Box 2030 | Bentonville | AR | 72712 | PF | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $616,274 |
| Watershed Conservation Resource Center | ||||||
| 380 West Rock Street | Fayetteville | AR | 72701 | PC | to construct stream flow improvements and riparian restoration in the vicinity of the NW A Street low-water crossing | $77,121 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $29,982,571 | 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 | $13,206,431 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,450,291 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| NORTHERN TRUST INCOME/(LOSS) | 14 | -$86,614 | |
| RECOVERY OF PRIOR YEAR GRANTS | $354,813 | ||
| Rental Income | 16 | $1,074,966 | |
| PASS-THROUGH - OTHER INCOME/(LOSS) | 14 | $14,275 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $30,659,349 | ExclusionAmt |
| Related Or Exempt Function Incm | $354,813 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $31,014,162 | 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 | Form | 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 | walton family foundation | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | $35,550,004 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 100% PARTNERSHIP INTEREST IN LLCs | NoncashPropertyDesc |
| Fair Market Value | $35,550,004 | FairMarketValueAmt |
| Received | 2024-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $103,031 | Amt |
| Disbursements Charitable Prps | $103,031 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HOGAN PREPARATORY ACADEMY, INC. - PROVIDE FINANCING FOR THE CONSTRUCTION OF NEW PERMANENT HIGH SCHOOL AND MIDDLE SCHOOL FACILITIES. | Desc |
| Amt | $13,762 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|
| Furniture & Fixtures | $1,184,817 | $94,829 | 7.0 | $83,679 |
| Buildings | $54,178,773 | $1,075,279 | 39.0 | $1,055,909 |
| Building Improvements | $28,373,360 | $13,895 | 39.0 | $125,111 |
| Equipment | $436,932 | $53,901 | 5.0 | $51,208 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (13 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 | 2023-03-10 | $10,000 | to support costs to develop a design and plan for upgraded access and parking for Coler park. | $8,029 | NONE | 3/14/2024, 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2023-08-25 | $51,000 | to support the costs associated with the schematic design, topographical survey, and administrative costs associated. | $51,000 | NONE | 06/28/2024, 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-01-26 | $3,854,715 | To support general operations | $3,854,715 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-03-01 | $442,736 | to support costs associated with Coler Mountain Bike Park trail improvements | $374,236 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-03-15 | $330,000 | to support costs associated with the completion of the construction design services | $329,935 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-06-07 | $2,572,229 | to support the construction costs associated with the Compton House expansion | $390,201 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-07-26 | $750,000 | to support the costs associated with trail and property clean-up recovery efforts | $750,000 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| The Peel Compton Foundation | |||||||||||
| 312 N Main Street | Bentonville | AR | 72712 | 2024-08-30 | $190,000 | to support the costs associated with property clean-up recovery efforts for the Compton Gardens property | $190,000 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| 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, 03/01/2024, 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO Box 2030 | Bentonville | AR | 72712 | 2023-11-22 | $795,089 | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $795,089 | NONE | 3/1/2024, 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO Box 2030 | Bentonville | AR | 72712 | 2024-03-01 | $733,012 | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $171,824 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO Box 2030 | Bentonville | AR | 72712 | 2024-03-15 | $134,028 | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $134,028 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
| WALTON FAMILY FOUNDATION INC | |||||||||||
| PO Box 2030 | Bentonville | AR | 72712 | 2024-07-12 | $616,274 | TO SUPPORT COSTS ASSOCIATED WITH THE NWA LAND BANK FUND ACQUISITIONS. | $0 | NONE | 03/01/2025 | 2025-03-01 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE ABOVE REPORT; THEREFORE, FURTHER VERIFICATION BY THE FOUNDATION WAS DEEMED UNNECESSARY. |
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 | $77,650,327 | $91,118,484 |
| Northern EAFE Acct | AT COST | $113,649,565 | $148,764,966 |
| Northern R1000 Acct | AT COST | $54,824,968 | $120,467,448 |
| Northern Cash Equitization | AT COST | $1,733,008 | $1,744,562 |
| Hawthorn FI | AT COST | $112,049,648 | $109,763,182 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| Land | $8,068,374 | $8,068,374 | $8,068,374 | |
| Construction in Progress | $17,137,852 | $17,137,852 | $17,137,852 | |
| Buildings | $54,178,773 | $52,033,691 | $52,033,691 | $2,145,082 |
| Building Improvements | $28,373,360 | $28,248,249 | $28,248,249 | $125,111 |
| Furniture & Fixtures | $1,184,817 | $1,006,310 | $1,006,310 | $178,507 |
| Equipment | $436,932 | $331,822 | $331,822 | $105,110 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $92,672 | LegalFeesAmt |
| Disbursements Charitable Prps | $92,672 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Miscellaneous | $8,873 | $8,873 | |
| Pass-through - Other Deductions | $32,068 | $32,068 | |
| Repairs and Maintenance | $4,231 | $4,231 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Northern Trust | -$86,614 | -$86,614 |
| Rental Income | $1,074,966 | $1,074,966 |
| RECOVERY OF PRIOR YEAR GRANTS | $354,813 | |
| Pass-through - Other income/(loss) | $14,275 | $14,275 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (3 entries)
| Insider RelationshipInsiderRelationshipTxt | Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc | Consideration FMVConsiderationFMVAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| Hogan Preparatory Academy Inc | ||||||||||
| PROGRAM-RELATED INVESTMENT | $16,250,000 | $14,412,679 | 2021-07 | 2027-06 | Principal Due and Payable at Maturity | 0.0 | None | TO CONSTRUCT NEW PERMANENT HIGH SCHOOL AND MIDDLE SCHOOL FACILITIES. | Cash | $14,412,679 |
| Friendship Education Foundation | ||||||||||
| PROGRAM-RELATED INVESTMENT | $625,153 | $625,153 | 2018-06 | 2026-07 | PAYMENT DUE ON MATURITY | 0.0 | None | PROVIDE CAPITAL FOR THE PURCHASE OF EQUIPMENT FOR CHARTER SCHOOL | Cash | $625,153 |
| Dove Charter Public School Foundation | ||||||||||
| PROGRAM-RELATED INVESTMENT | $32,410,000 | $15,388,806 | 2024-09 | 2028-06 | Principal Due and Payable at Maturity | 0.0 | None | North Facility Expansion in OKC | Cash | $15,388,806 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Consulting Fees | $1,521,234 | $1,521,234 | |
| Administrator & Management Fees | $1,157,543 | $1,157,543 | |
| Investment Management Fees | $399,002 | $399,002 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTON FAMILY FOUNDATION | BusinessNameLine1Txt |
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 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Northern Trust - Foreign Taxes | $825,663 | $825,663 |
| Excise Tax | $448,430 |