Alice L Walton Foundation
The Alice L. Walton Foundation is a private foundation based in Bentonville, Arkansas. Founded in 2017, it supports work to increase access to the arts, improve education, enhance health, and advance economic opportunity, with the stated aim of creating meaningful and lasting change for individuals and communities most in need.
Alice L Walton Foundation at a glance
In short: Alice L Walton Foundation gave $47.1M across 95 grants in 2024 (avg $496K), mostly in Arkansas. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $47,146,944
- -50.3% vs 2023
- Grants made (2024)
- 95
- +14.5% vs 2023
- Average grant
- $496,284
- -56.6% vs 2023
- Median grant
- $50,000
- Total assets
- $4,688,592,870
- +15.9% vs 2023
- New grantees (estimate)
- 33% first-time grantees (29 of 87, 2024)
- Primary geography
- Arkansas (66% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Alice L Walton Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds. It states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 1860, Bentonville, AR 72712
Phone: (479) 464-1570
Website: https://alicelwaltonfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Alice L Walton Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Camp War Eagle Inc ($12.0M). Together the top 10 received $39.0M.
Organizations only. It also paid 1 individual scholarship ($60,606), which are not listed by name.
Grant Size Distribution
439 grants across all recorded years
The most common grant size was under $50K: 188 grants of 439 (43%).
Geographic Focus
Where this funder awards grants
The foundation prioritizes local Northwest Arkansas communities. In 2024, Arkansas recipients received 66% of reported grant dollars. Other leading recipient-state shares were Connecticut (11%), Georgia (9%), New York (6%), and Washington, D.C. (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 95 itemized grants.
States
Cities
Is Alice L Walton Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 29 of 87 grantees (33%) were first-time recipients. First grants averaged $599K; repeat grants $513K. How we count
Medians: $54K first-time, $75K repeat.
- 61% of 2024 grantees were also funded in 2023. Method
- Giving grew 26% from 2021 to 2024. Method
- In 2024 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $16.9M (2020) to $95.2M (2022). In 2024 it made 95 grants totaling $47.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Camp War Eagle Inc Rogers, AR | To support general operations | $12,037,070 |
| Catalyst Church NWA Inc Bentonville, AR | to support the building of a new sanctuary for Catalyst Church NWA | $7,200,000 |
| Walton Family Foundation Inc Bentonville, AR | To support costs associated with the NWA Land Bank project acquisitions under which Grantee acquires property for planned donation to charities or governmental units for public purposes. | $5,197,846 |
| Yale University New Haven, CT | to support the Edward P Bass School of Architecture | $5,000,000 |
| City of Bentonville Bentonville, AR | To Prepare and coordinate a comprehensive water, sewer, and wastewater capital improvement plan (CIP) to address extremely rapid growth with multiple, substantial and noteworthy developments. | $3,000,000 |
| The Morehouse School of Medicine Inc Atlanta, GA | to create 2 endowments - the 'President's Innovation Fund the 'Presidential Endowment Scholarship Fund' | $2,250,000 |
| Spelman College Atlanta, GA | to support the Atlanta University Center | $1,438,242 |
| Bill Hillary and Chelsea Clinton Foundation New York, NY | to provide funding to help Grantee establish and approximately $250 million Clinton Foundation Endowment | $1,000,000 |
| Robin Hood Foundation New York, NY | to provide general operating support | $1,000,000 |
| The Aspen Institute Washington, DC | to support Phase 1 of the Aspen Opportunity Youth Forum's work to help youth find meaning and purpose | $833,333 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,688,592,870 | $721,949,474 | $79,352,707 | $47,146,944 | 95 | $155,806,613 | $520,313,215 | $222,179,335 |
| 2023 | $4,045,996,103 | $398,057,652 | $128,346,451 | $94,958,378 | 83 | $208,970,681 | $215,888,196 | $189,186,922 |
| 2022 | $3,776,294,132 | $340,795,963 | $120,485,123 | $95,240,771 | 79 | $120,391,497 | $177,999,596 | $174,050,660 |
| 2021 | $3,555,974,062 | $449,327,995 | $71,378,407 | $37,402,495 | 91 | $42,270,353 | $479,839,678 | $176,731,718 |
| 2020 | $3,178,458,151 | $2,871,325,413 | $22,544,050 | $16,870,655 | 91 | — | $899,803,361 | $12,100,633 |
Under IRS private-foundation payout rules, Alice L Walton Foundation reported a distributable amount of $222.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated commitment is to increase access to the arts, improve education, enhance health, and advance economic opportunity for all. Its arts and culture work includes supporting more diverse art, artists, institutions, and leaders, and making arts and programming more accessible, particularly in schools, universities, and museums. Its education work includes efforts to make high-quality education more accessible and to develop a diverse educator pipeline. The foundation also describes a whole-person approach to health care as part of its work.
Its 2024 grantees illustrate a range of supported organizations and projects. Examples include arts and cultural organizations, educational institutions, community organizations, and organizations working in youth development. Smarthistory describes its work as making art histories accessible and using art to build understanding across cultures; The HistoryMakers focuses on preserving and providing access to African American oral histories. The Aspen Institute describes its work as driving change through dialogue, leadership, and action to address societal challenges.
Grantmaking
In 2024, the foundation reported 95 grants totaling $47,146,944. Grant amounts ranged from $3,500 to $12,037,070, with a median grant of $50,000.
Among the largest grants were $12,037,070 to Camp War Eagle Inc. for general operations; $7,200,000 to Catalyst Church NWA Inc. for a new sanctuary; $5,197,846 to Walton Family Foundation Inc. for costs associated with the NWA Land Bank project; and $5,000,000 to Yale University for the Edward P. Bass School of Architecture. Other notable grants included $3,000,000 to the City of Bentonville for a water, sewer, and wastewater capital improvement plan; $2,250,000 to Morehouse School of Medicine for two endowments; and $1,438,242 to Spelman College to support the Atlanta University Center.
Leadership & Key People
Officers and directors from IRS filings
Alice L Walton Foundation is led by Alice L. Walton, Director & President on every filing since 2020; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Alice L. Walton
Director & President
On filings since 2020
2 hrs/week
No compensation reported
Reuben McDaniel
Managing Director
On filings since 2023
24 hrs/week
$260K (2023) → $660K (2024)
Richard A. Hosley
Secretary
On filings since 2022
0.5 hrs/week
No compensation reported
August Martin
Treasurer & Secretary
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (6)
- Former: Nate Falkner (2022–2023) — Executive Director
- Former: Philip Sigsworth (2022–2023) — Treasurer
- Former: Heidi Kato (2023) — Interim Executive Director
- Former: Buddy D Philpot (2020–2022) — Secretary
- Former: Robert A Smith (2020–2022) — Treasurer
- Former: Drew Petty (2020–2021) — Assistant Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $660K, to Reuben McDaniel (Managing Director).
Frequently asked questions about Alice L Walton Foundation
How much does Alice L Walton Foundation give each year?
Alice L Walton Foundation gave $47.1M across 95 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95.0M across 83 grants.
What is Alice L Walton Foundation's typical grant size?
Alice L Walton Foundation's median grant in 2024 was $50,000, and its average grant was $496,284, across 95 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Alice L Walton Foundation that year got $599K on average.
Where does Alice L Walton Foundation give grants?
Alice L Walton Foundation gives mostly in Arkansas: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (11%) and Georgia (9%). The most frequent recipient cities were Bentonville, AR (15 grants), New York, NY (12 grants), Rogers, AR (9 grants) and Little Rock, AR (8 grants).
Does Alice L Walton Foundation give general operating support?
Yes: 43% of Alice L Walton Foundation's 2024 grants with a stated purpose (41 of 95) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "To Provide Scholarship Support" (4 grants).
Who are Alice L Walton Foundation's largest grantees?
Alice L Walton Foundation's largest 2024 grantees include Camp War Eagle Inc ($12,037,070), Catalyst Church NWA Inc ($7,200,000) and Walton Family Foundation Inc ($5,197,846), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($60,606), which are not listed by name. Together they received 52% of its itemized 2024 grant dollars.
How large is Alice L Walton Foundation?
Alice L Walton Foundation reported $4.7B in total assets on its 2024 IRS Form 990-PF. It paid out $155.8M in qualifying distributions that year, against a required minimum of $222.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Alice L Walton Foundation fund?
The foundation’s stated commitment is to increase access to the arts, improve education, enhance health, and advance economic opportunity for all. See mission & focus areas ↑
How do I apply for a grant from Alice L Walton Foundation?
The foundation does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Alice L Walton Foundation's EIN?
Alice L Walton Foundation's EIN (Employer Identification Number) is 82-3700633. IRS Form 990 filing data is available on this page for 2020–2024.
Does Alice L Walton Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Alice L Walton Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/alice-l-walton-foundation-morg_6b64832596a245e99e0308c4e8a9dd43
BibTeX
@misc{grantable_823700633_2026,
author = {{Grantable}},
title = {{Alice L Walton Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/alice-l-walton-foundation-morg_6b64832596a245e99e0308c4e8a9dd43},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Alice L Walton Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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