Walton Family Foundation Trust
- Assets
- $0.0
- Revenue
- $236.2k
- Investments
- $3.9m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 25-6568399
Organization Overview
Walton Family Foundation Trust is located in Pittsburgh, PA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walton Family Foundation Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Walton Family Foundation Trust generated $236.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $336.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Walton Family Foundation Trust has awarded 83 individual grants totaling $1,035,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farley Walton Whetzel Trustee | 5 | $0 | |
Mary Taylor Curley Trustee | 1 | $0 | |
James M Walton Trustee | 5 | $0 | |
William C Walton Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $117,611 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,107 |
| Total Revenue | $236,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $16,733 |
| Contributions, gifts, grants paid | $320,000 |
| Total expenses and disbursements | $336,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,466 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,909,388 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Walton Family Foundation Trust has awarded $395,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
THE GRANT FOUNDATION PURPOSE: GENERAL OPERATING | $141,000 |
MIGHTY WRITERS PURPOSE: GENERAL OPERATING | $2,000 |
ERIC CARLE MUSEUM OF PICTURE BOOK ART IN PURPOSE: GENERAL OPERATING | $30,000 |
CONSERVATION FOUNDATION OF THE GULF COAS PURPOSE: GENERAL OPERATING | $5,000 |
PHILADELPHIA YOUTH SPORTS PURPOSE: GENERAL OPERATING | $10,000 |
ST PAULS SCHOOL PURPOSE: GENERAL OPERATING | $3,000 |