The Walton Family Charitable Support Foundation Inc
95% goes to programs Strong reserves Declining revenue
The Walton Family Charitable Support Foundation Inc is a 501(c)(3) organization based in Bentonville, Arkansas, registered in 1988, with $65,282,053 in FY2024 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
Po Box 2030, Bentonville, AR, 72712 EIN 58-1766770 Since 1988
Revenue (FY2024)
$65.3M
▲ 11.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$61.8M
Net assets
$1.1B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating95% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Walton Family Charitable Support Foundation Inc: 95% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating214 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Walton Family Charitable Support Foundation Inc: 214 mo reserves · +5% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Walton Family Charitable Support Foundation Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Walton Family Charitable Support Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
Contact & location
- Address
- Po Box 2030, Bentonville, AR, 72712
- City
- Bentonville
- State
- Arkansas
- Subcategory
- Philanthropy Programs
- Website
- …
Financial trends
Revenue grew from $40.5M (FY2018) to $65.3M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1B
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$0
Net assets
$1.1B
Salaries & benefits
$8,000
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,282,053▲11.2% | $61,778,828▼32.6% | $1,099,641,018▲0.3% | $1,099,641,018▲0.3% | 990 |
| 2023 | $58,704,595▲114% | $91,642,720▲112% | $1,096,137,793▼2.9% | $1,096,137,793▼2.9% | 990 |
| 2022 | $27,468,411▼66.6% | $43,298,866▼37.1% | $1,129,075,918▼1.4% | $1,129,075,918▼1.4% | 990 |
| 2021 | $82,175,150▼87.3% | $68,844,062▲49.4% | $1,144,906,373▲1.2% | $1,144,906,373▲1.2% | 990 |
| 2020 | $649,518,376▲1559% | $46,088,463▲212% | $1,131,575,285▲74.1% | $1,131,575,285▲74.1% | 990 |
| 2019 | $39,141,884▼3.4% | $14,788,341▲1.9% | $649,821,974▲7.2% | $649,821,974▲7.2% | 990 |
| 2018 | $40,499,434 | $14,513,303 | $606,207,535 | $606,207,535 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Ed Fryar — $2,000 (0.00% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ed Fryar | Director, Treasurer | 1 | $2,000 |
| Heather Larkin | Director, Vice President (until 12/11/24), President (from 12/11/24) | 1 | $2,000 |
| Mark Simmons | Director, President (until 12/11/24) | 1 | $2,000 |
| Richard Dunsworth | Director, Vice President (from 12/11/24) | 1 | $2,000 |
| Charles Pollard | Director (from 12/11/24) | 1 | — |
| M Sean Evans | Director, Secretary | 1 | — |
| Robert Burns | Director | 1 | — |
| Steuart L Walton | Director, Chairman | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mathematica Inc | Consulting | $132,679 |
| Northern Trust Company | Investments | $120,390 |
Grants made · $58.8M in FY2024
16 grants totaling $58.8M in FY2024 — showing the 15 largest. All grants made by The Walton Family Charitable Support Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Arkansas Foundation Inc | Research and commercialization - phase ii, establishment of i3r and build research building. | $34,340,000 |
| John Brown University | To accelerate the development of jbu's cybersecurity program to develop local talent and meet a critical workforce need for northwest arkansas economy. | $6,500,000 |
| Northwest Arkansas Community College Foundation Inc | To support the development and launch of a sustainable trails trade school. | $4,421,350 |
| Arkansas Community Foundation Inc | Single parent scholarship fund of northwest arkansas. | $3,059,646 |
| Harding University | To support the walton international scholarship program at harding university for the freshman classes of 2022, 2023, 2024. | $1,484,288 |
| John Brown University | To support the walton international scholarship program at john brown university for the freshman classes of 2022, 2023, 2024. | $1,477,145 |
| University of the Ozarks | To support the walton international scholarship program at university of the ozarks for the freshman classes of 2022, 2023, 2024. | $1,341,271 |
| Harding University | To support the walton international scholarship program at harding university for the freshman classes of 2019, 2020, and 2021. | $1,318,227 |
| University of the Ozarks | To support the walton international scholarship program at the university of the ozarks for the freshman classes of 2019, 2020, and 2021. | $1,249,763 |
| John Brown University | To support the walton international scholarship program at john brown university for the freshman classes of 2019, 2020, and 2021. | $1,159,639 |
| University of Arkansas Foundation Inc | To fund key positions and support in the technology ventures office, the office of economic development and the office of research and innovation; and to attract five star scientists. | $1,068,236 |
| Arkansas Community Foundation Inc | To support the operations of thaden school. | $777,685 |
| Arkansas Community Foundation Inc | To support 2024 annual operations. | $300,000 |
| University of Arkansas Foundation Inc | To support up to 12 internship opportunities and 1 fellowship. | $201,186 |
| University of Arkansas Foundation Inc | Kuaf 2024 annual grant. | $50,000 |
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Compare The Walton Family Charitable Support Foundation Inc
Frequently asked questions
- Is The Walton Family Charitable Support Foundation Inc a legitimate nonprofit?
- Yes. The Walton Family Charitable Support Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1766770, based in Bentonville, Arkansas. Donations are tax-deductible.
- What is The Walton Family Charitable Support Foundation Inc's EIN?
- The Walton Family Charitable Support Foundation Inc's Employer Identification Number (EIN) is 58-1766770.
- How much revenue does The Walton Family Charitable Support Foundation Inc report?
- The Walton Family Charitable Support Foundation Inc reported $65,282,053 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Walton Family Charitable Support Foundation Inc's spending goes to programs?
- The Walton Family Charitable Support Foundation Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Walton Family Charitable Support Foundation Inc have?
- CharityIndex grades The Walton Family Charitable Support Foundation Inc A, based on program efficiency and fundraising cost.
- How much does The Walton Family Charitable Support Foundation Inc's highest-paid employee make?
- The highest reported compensation on The Walton Family Charitable Support Foundation Inc's latest Form 990 is $2,000, paid to Ed Fryar (Director, Treasurer).
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Data for The Walton Family Charitable Support Foundation Inc (EIN 58-1766770) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.