Kathy & Rick Walton Charitable Tr Foundation
- Assets
- $3.0m
- Revenue
- $1.5m
- Investments
- $3.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 83-6559486
Organization Overview
Kathy & Rick Walton Charitable Tr Foundation is located in Wilmington, DE. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kathy & Rick Walton Charitable Tr Foundation 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 12/2022, Kathy & Rick Walton Charitable Tr Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $959.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kathy & Rick Walton Charitable Tr Foundation has awarded 58 individual grants totaling $1,954,000. 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 |
|---|---|---|---|
Cecilia K Walton Aka Kathleen D Co-Trustee | 0 | $0 | |
Richard C Walton Co-Trustee | 0 | $0 | |
Kenneth L Richmond Co-Trustee | 0 | $0 | |
Michael Booker Co-Trustee | 0 | $0 | |
Bryan D Zschiesche Co-Trustee | 0 | $0 | |
Stephen A Mendel Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,364,839 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,388 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,541 |
| Capital Gain Net Income | $90,541 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,539,768 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,489 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,790 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $59,279 |
| Contributions, gifts, grants paid | $900,000 |
| Total expenses and disbursements | $959,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,512 |
| Savings and temporary cash investments | $56,499 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,982,243 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,041,254 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kathy & Rick Walton Charitable Tr Foundation has awarded $900,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
STEPHEN SILLER TUNNEL TO TOWERS FOUNDATI PURPOSE: BUILDS MORTGAGE-FREE HOME | $30,000 |
FRIENDS FOR LIFE ANIMAL SHELTER PURPOSE: SAVE ALL ANIMALS REGARDLESS | $30,000 |
PETS FOR THE ELDERLY FOUNDATION PURPOSE: PROVIDES COMPANIONSHIP TO | $30,000 |
STUFF THE SLEIGH PURPOSE: BENEFIT PEDIATRIC CANCER | $50,000 |
FIRST TEE OF GREATER HOUSTON PURPOSE: EMPOWER KIDS AND TEENS THRU | $50,000 |
LOVE FOSTERS HOPE PURPOSE: INSPIRE HOPE AND HEALING TO | $30,000 |