The Walton Family Charitable Support Foundation Inc is located in Bentonville, AR. The organization was established in 1988. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2019, Walton Family Charitable Support Foundation Inc generated $39.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $14.8m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Walton Family Charitable Support Foundation Inc has awarded 12 individual grants totaling $27,758,704. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORTED ORGANIZATIONS DESCRIBED IN SCHEDULE I, PART II, LINE 1
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rick D Niece Director & Vice President | OfficerTrustee | 1 | $2,000 |
Kaneaster Hodges Jr Director & President | OfficerTrustee | 1 | $2,000 |
Mark Simmons Director | Trustee | 1 | $2,000 |
Donald Munro Director | Trustee | 1 | $2,000 |
Richard D Chapman Director/tres.(until 11/1/19) | OfficerTrustee | 1 | $0 |
Buddy D Philpot Director/sec. (until 11/1/19) | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $39,204,562 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$26,249 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $39,141,884 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $14,089,643 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $8,000 |
Compensation of current officers, directors, key employees. | $2,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $37,757 |
Fees for services: Legal | $34,189 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $169,572 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $578 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $14,788,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $118,779 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $234,565,751 |
Investments—other securities | $415,137,444 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $649,821,974 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $649,821,974 |
Total liabilities and net assets/fund balances | $649,821,974 |
Over the last fiscal year, The Walton Family Charitable Support Foundation Inc has awarded $14,089,643 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Clarksville, AR PURPOSE: INT'L SCHOLARSHIPS | $3,375,910 |
Little Rock, AR PURPOSE: CHARITABLE GRANTS | $3,017,714 |
Siloam Springs, AR PURPOSE: INT'L SCHOLARSHIPS | $2,714,641 |
Searcy, AR PURPOSE: INT'L SCHOLARSHIPS | $2,545,510 |
Fayetteville, AR PURPOSE: ENDOWMENT GRANT | $2,385,868 |
Fayetteville, AR PURPOSE: OPERATING GRANT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Nancy Ann Hunt Foundation Dallas, TX | $47,238,856 | $6,531,892 |
Leta Mcfarlin Chapman Memorial Tr Tulsa, OK | $296,304,969 | $18,821,630 |
The Walton Family Charitable Support Foundation Inc Bentonville, AR | $649,821,974 | $39,141,884 |
The Global Orphan Project Inc Kansas City, MO | $7,854,792 | $11,281,080 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $119,820,742 | $4,644,502 |
Src Benefit Programs Trust Springfield, MO | $162,975 | $9,275,976 |
John G Kenedy Jr Charitable Trust San Antonio, TX | $150,220,545 | $6,932,861 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $0 | $6,424,264 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $4,895,463 | $8,106,381 |
Willis And Reba Johnsons Foundation Franklin, TN | $19,970,519 | $2,025,291 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $46,092,794 | $4,396,154 |
David M Crowley Foundation Dallas, TX | $142,891,403 | $6,004,507 |