Northwest Arkansas Council Foundation

Organization Overview

Northwest Arkansas Council Foundation is located in Springdale, AR. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Arkansas Council 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 12/2021, Northwest Arkansas Council Foundation generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $13.9m during the year ending 12/2021. While expenses have increased by 33.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT TO THE NORTHWEST ARKANSAS COUNCIL, A SECTION 501(C)(6) ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO THE NORTHWEST ARKANSAS COUNCIL, A SECTION 501(C)(6) ORGANIZATION, IN ORDER TO IMPROVE THE LIVING CONDITIONS OF THE RESIDENTS OF NORTHWEST ARKANSAS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Plug & Play Llc
Supply Chain & Logistics Accelerator
$400,000
Grit Studios
Entrepreneurial Development
$345,537
University Of Arkansas
Recycling Project/special Reports
$233,251
Bird's Eye Creative Llc
Web Site Work
$180,474
Nw Arkansas Education Service Coop
Industrial Partners Outreach
$164,687
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,621,497
All other contributions, gifts, grants, and similar amounts not included above$11,903,357
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,524,854
Total Program Service Revenue$0
Investment income $5,863
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,530,717

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Northwest Arkansas Council Foundation has recieved totaling $11,367,840.

Awarding OrganizationAmount
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT OPERATIONS OF THE NORTHWEST ARKANSAS COUNCIL.

$1,498,000
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT IMPLEMENTATION OF THE NORTHWEST ARKANSAS: LIFE WORKS HERE CAMPAIGN.

$1,200,000
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT.

$1,000,000
Tyson Foundation Inc

Fayetteville, AR

PURPOSE: GROUNDWAVES PROGRAM

$695,976
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO IMPLEMENT TARGETED TALENT RECRUITMENT EFFORTS.

$635,000
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: PROGRAM AND OPERATING SUPPORT FOR THE START-UP OF THE NEW REGIONAL ARTS SERVICES ORGANIZATION IN NW ARKANSAS.

$551,839
View Grant Recipient Profile

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