Alice L Walton Foundation
- Assets
- $3.6b
- Revenue
- $449.3m
- Investments
- $3.5b
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-3700633
Organization Overview
Alice L Walton Foundation is located in Bentonville, AR. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Alice L Walton 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, Alice L Walton Foundation generated $449.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $71.4m during the year ending 12/2021. While expenses have increased by 30.3% per year over the past 3 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.
Since 2020, Alice L Walton Foundation has awarded 183 individual grants totaling $44,273,150. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marlon Blackwell Architects | 12/30/21 | $919,619 |
Alliance Support Company Llc | 12/30/21 | $788,121 |
Walton Enterprises Llc | 12/30/21 | $2,355,306 |
Baldwin And Shell Construction | 12/30/21 | $10,720,924 |
Northern Trust | 12/30/21 | $1,086,226 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $135,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $86,058,914 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,569,530 |
| Capital Gain Net Income | $405,167,736 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,699,551 |
| Total Revenue | $449,327,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $217,997 |
| Taxes | $23,466,910 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,294 |
| Printing and publications | $0 |
| Other expenses | $4,757,627 |
| Total operating and administrative expenses | $33,975,913 |
| Contributions, gifts, grants paid | $37,402,494 |
| Total expenses and disbursements | $71,378,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,071 |
| Savings and temporary cash investments | $0 |
| 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 | $644,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,541,543,321 |
| Net Land, buildings, and equipment | $13,545,670 |
| Other assets | $0 |
| Total assets | $3,555,974,062 |
| 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, Alice L Walton Foundation has awarded $27,402,495 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
Bentonville, AR PURPOSE: 2021 - END OF YEAR ENDOWMENT SUPPORT | $10,000,000 |
WHOLE HEALTH SCHOOL OF MEDICINE AND HEALTH SCIENCES INC PURPOSE: FY21-22 ANNUAL OPERATING BUDGET | $5,736,599 |
CAMP WAR EAGLE INC PURPOSE: 2021-2022 CAMP WAR EAGLE OPERATIONS | $3,294,233 |
Atlanta, GA PURPOSE: PROGRAM DIRECTOR ENDOWMENT | $2,500,000 |
New York, NY PURPOSE: AMERICA'S CULTURAL TREASURES | $2,500,000 |
WHOLE HEALTH SCHOOL OF MEDICINE AND HEALTH SCIENCES INC PURPOSE: WHOLE HEALTH SCHOOL OF MEDICINE AND HEALTH SCIENCES FY20-21 STARTUP COSTS | $1,260,544 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alice L Walton Foundation has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT THE ENDOWMENT OF ALICE L. WALTON FOUNDATION. | $135,000,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: GRANT TO NON-OPERATING FOUNDATION FOR ENDOWMENT CHARITABLE SUPPORT NOT TREATED AS A QUALIFYING DISTRIBUTION UNDER IRC SECTION 4942 (G) (3) BY THE GRANTEE | -$135,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |