ARVEST FOUNDATION
2024 · Form 990PF · revenue $1.2M · expenses $4.6M · assets $21.0M
- EIN
- 82-3700845
- Address
- PO BOX 1860, BENTONVILLE, AR 72712-1860
- Website
- https://www.arvest.com/about/arvest-foundation
- NTEE code
- T20
- Subsection
- 501(c)(3)
- Ruling year
- 2019
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
No one listed on these returns was paid.
Unpaid officers and directors · 11 people
| Name | Latest title | Years | Organizations |
|---|---|---|---|
| Buddy D Philpot | DIRECTOR | 2019-2024 | 12 |
| Naccaman Williams | SECRETARY | 2019-2024 | 7 |
| Luke Mitchell | TREASURER | 2023-2024 | 10 |
| Jim C Walton | PRESIDENT, DIRECTOR | 2019-2024 | 4 |
| Jason Kincy | DIRECTOR | 2020-2024 | 1 |
| Marc Holley | VICE PRESIDENT | 2023-2024 | 3 |
| Erron Smith (former) | ASSISTANT TREASURER (FROM 1/23/23) | 2023 | 9 |
| Robert Smith (former) | TREASURER (UNITL 12/21/23) | 2019-2023 | 13 |
| Karla Payne (former) | ASSISTANT SECRETARY | 2019-2023 | 1 |
| Richard Chapman (former) | ASSISTANT TREASURER (UNTIL 1/23/23) | 2022-2023 | 9 |
| J Robert Kelly (former) | DIRECTOR | 2019 | 1 |
People by year
2024 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| BUDDY D PHILPOT | DIRECTOR | 1 | $0 | - | $0 | $0 | 12 |
| JASON KINCY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
| MARC HOLLEY | VICE PRESIDENT | 1 | $0 | - | $0 | $0 | 3 |
| LUKE MITCHELL | TREASURER | 1 | $0 | - | $0 | $0 | 10 |
| NACCAMAN WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
2023 · 10 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| BUDDY D PHILPOT | DIRECTOR, VICE PRESIDENT (UNTIL 12/21/23) | 1 | $0 | - | $0 | $0 | 12 |
| JASON KINCY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
| NACCAMAN G WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
| ROBERT A SMITH | TREASURER (UNITL 12/21/23) | 1 | $0 | - | $0 | $0 | 13 |
| KARLA PAYNE | ASSISTANT SECRETARY | 0 | $0 | - | $0 | $0 | 1 |
| RICHARD CHAPMAN | ASSISTANT TREASURER (UNTIL 1/23/23) | 0 | $0 | - | $0 | $0 | 9 |
| MARC HOLLEY | VICE PRESIDENT (FROM 12/21/23) | 1 | $0 | - | $0 | $0 | 3 |
| ERRON SMITH | ASSISTANT TREASURER (FROM 1/23/23) | 0 | $0 | - | $0 | $0 | 9 |
| LUKE MITCHELL | TREASURER (FROM 12/21/23) | 1 | $0 | - | $0 | $0 | 10 |
2022 · 7 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| BUDDY D PHILPOT | DIRECTOR, VICE PRESIDENT | 1 | $0 | - | $0 | $0 | 12 |
| NACCAMAN G WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
| ROBERT A SMITH | TREASURER | 1 | $0 | - | $0 | $0 | 13 |
| KARLA PAYNE | ASSISTANT SECRETARY | 0 | $0 | - | $0 | $0 | 1 |
| RICHARD CHAPMAN | ASSISTANT TREASURER | 0 | $0 | - | $0 | $0 | 9 |
| JASON KINCY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
2021 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| Buddy D Philpot | DIRECTOR, VICE PRESIDENT | 1 | $0 | - | $0 | $0 | 12 |
| JASON KINCY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
| NACCAMAN WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
| KARLA PAYNE | ASSISTANT SECRETARY | 0 | $0 | - | $0 | $0 | 1 |
| ROBERT A SMITH | TREASURER | 1 | $0 | - | $0 | $0 | 13 |
2020 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Robert A Smith | TREASURER | 1 | $0 | - | $0 | $0 | 13 |
| BUDDY D PHILPOT | DIRECTOR, VICE PRESIDENT | 1 | $0 | - | $0 | $0 | 12 |
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| NACCAMAN WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
| KARLA PAYNE | ASSISTANT SECRETARY | 0 | $0 | - | $0 | $0 | 1 |
| JASON KINCY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
2019 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JIM C WALTON | PRESIDENT, DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| NACCAMAN WILLIAMS | SECRETARY | 1 | $0 | - | $0 | $0 | 7 |
| BUDDY D PHILPOT | DIRECTOR, TREASURER | 1 | $0 | - | $0 | $0 | 12 |
| KARLA PAYNE | ASSISTANT SECRETARY | 0 | $0 | - | $0 | $0 | 1 |
| J ROBERT KELLY | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| ROBERT A SMITH | TREASURER | 2 | $0 | - | $0 | $0 | 13 |
Highest-paid independent contractors
2024 · 1 contractor · $231K
| Name | Location | Service | Paid |
|---|---|---|---|
| Walton Enterprises LLC | BENTONVILLE, AR | Professional Services | $230,749 |
2023 · 1 contractor · $232K
| Name | Location | Service | Paid |
|---|---|---|---|
| Walton Enterprises LLC | BENTONVILLE, AR | Professional Services | $232,096 |
2022 · 1 contractor · $131K
| Name | Location | Service | Paid |
|---|---|---|---|
| Walton Enterprises LLC | BENTONVILLE, AR | Professional Services | $130,669 |
2021 · 1 contractor · $145K
| Name | Location | Service | Paid |
|---|---|---|---|
| Walton Enterprises LLC | BENTONVILLE, AR | Professional Services | $144,594 |
2020 · 1 contractor · $166K
| Name | Location | Service | Paid |
|---|---|---|---|
| Walton Enterprises LLC | BENTONVILLE, AR | Professional Services | $166,036 |
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 562 grants to organizations · $4.3M
2023 · 539 grants to organizations · $4.4M
2022 · 546 grants to organizations · $4.4M
2021 · 545 grants to organizations · $3.7M
2020 · 541 grants to organizations · $3.7M
2019 · 1 grant to organizations · $5.7M
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2019 · 1 contributor · $24.7M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | JIM C WALTON | Person | BENTONVILLE, AR | $24,653,750 | $24,653,750 | Form 990PF Sch. B, 2019 · filing |
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $1,217,210 | $4,616,319 | $21,003,898 | $21,003,898 | $0 | - | - | - | - |
| 2023 · Form 990PF | ||||||||
| $643,255 | $4,888,280 | $24,403,007 | $24,403,007 | $0 | - | - | - | - |
| 2022 · Form 990PF | ||||||||
| $15,598,004 | $4,793,057 | $28,648,032 | $28,648,032 | $0 | - | - | - | - |
| 2021 · Form 990PF | ||||||||
| $1,195,224 | $3,919,620 | $17,843,085 | $17,843,085 | $0 | - | - | - | - |
| 2020 · Form 990PF | ||||||||
| $413,779 | $3,972,397 | $20,867,481 | $20,567,481 | - | - | - | - | - |
| 2019 · Form 990PF | ||||||||
| $24,898,946 | $6,248,760 | $24,126,099 | $24,126,099 | $24,653,750 | - | $0 | - | - |
Funders of this organization
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Similar organizations
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Who funds organizations like this
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Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $4,616,319 spent · pay $0 · grants $4,305,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $4,305,000 | 93.3% | |
| Fees: other professional | $189,470 | 4.1% | |
| Fees: accounting | $71,214 | 1.5% | |
| Taxes | $49,132 | 1.1% | |
| Fees: legal | $1,467 | 0.0% | |
| Interest | $36 | 0.0% | |
| Total | $4,616,319 | 100% |
2023 · Form 990PF · $4,888,280 spent · pay $0 · grants $4,435,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $4,435,000 | 90.7% | |
| Fees: other professional | $190,279 | 3.9% | |
| Taxes | $186,398 | 3.8% | |
| Fees: accounting | $74,780 | 1.5% | |
| Other expenses | $926 | 0.0% | |
| Fees: legal | $868 | 0.0% | |
| Interest | $29 | 0.0% | |
| Total | $4,888,280 | 100% |
2022 · Form 990PF · $4,793,057 spent · pay $0 · grants $4,435,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $4,435,000 | 92.5% | |
| Taxes | $207,096 | 4.3% | |
| Fees: other professional | $104,830 | 2.2% | |
| Fees: accounting | $45,025 | 0.9% | |
| Fees: legal | $589 | 0.0% | |
| Other expenses | $400 | 0.0% | |
| Interest | $117 | 0.0% | |
| Total | $4,793,057 | 100% |
2021 · Form 990PF · $3,919,620 spent · pay $0 · grants $3,712,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $3,712,500 | 94.7% | |
| Fees: other professional | $131,990 | 3.4% | |
| Taxes | $39,478 | 1.0% | |
| Fees: accounting | $35,162 | 0.9% | |
| Other expenses | $327 | 0.0% | |
| Interest | $163 | 0.0% | |
| Total | $3,919,620 | 100% |
2020 · Form 990PF · $3,972,397 spent · pay $0 · grants $3,725,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $3,725,000 | 93.8% | |
| Fees: other professional | $205,885 | 5.2% | |
| Taxes | $37,038 | 0.9% | |
| Fees: legal | $4,048 | 0.1% | |
| Other expenses | $280 | 0.0% | |
| Interest | $146 | 0.0% | |
| Total | $3,972,397 | 100% |
2019 · Form 990PF · $6,248,760 spent · pay $0 · grants $5,740,798 · events $82
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $5,740,798 | 91.9% | |
| Taxes | $475,000 | 7.6% | |
| Fees: other professional | $19,196 | 0.3% | |
| Fees: legal | $13,404 | 0.2% | |
| Other expenses | $280 | 0.0% | |
| Travel, conferences and meetings | $82 | 0.0% | |
| Total | $6,248,760 | 100% |