Arvest Foundation
Arvest Foundation is a private foundation based in Bentonville, Arkansas. Its 2024 filing reports grants to charitable organizations in Arkansas, Oklahoma, Missouri, and other states.
Arvest Foundation at a glance
In short: Arvest Foundation gave $4.3M across 562 grants in 2024 (avg $8K), top state Arkansas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,305,000
- -2.9% vs 2023
- Grants made (2024)
- 562
- +4.3% vs 2023
- Average grant
- $7,660
- -6.9% vs 2023
- Median grant
- $5,000
- Total assets
- $21,003,898
- -13.9% vs 2023
- Primary geography
- Arkansas (45% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Arvest Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1860, Bentonville, AR 72712
Phone: (479) 464-1570
Website: https://arvest.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Arvest Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Little Rock Chamber Foundation ($75K). Together the top 10 received $464K.
Organizations only. It also paid 16 grants to individuals ($64,800), which are not listed by name.
Grant Size Distribution
2,733 grants across all recorded years
The most common grant size was under $50K: 2,710 grants of 2,733 (99%).
Geographic Focus
Where this funder awards grants
In 2024, 45% of grant dollars went to recipients in Arkansas, 38% to Oklahoma, 15% to Missouri, and 1% each to Kansas and New York.
Grant Distribution by State
Share of 2024 grant dollars across all 562 itemized grants.
States
Cities
How Arvest Foundation gives
- 44% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 335% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (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 2019 to 2024, annual grant giving ranged from $3.7M (2021) to $5.7M (2019). In 2024 it made 562 grants totaling $4.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Little Rock Chamber Foundation Little Rock, AR | To support the MetRock Forward Capital Campaign for the economic development initiative. | $75,000 |
| Tulsa Area United Way Tulsa, OK | For program support to strengthen local resilience to advancing health, youth opportunity, financial security, and community resiliency. | $70,000 |
| Fort Kids Fort Smith, AR | To assist with the cost of construction of the museum building and exhibits. | $50,000 |
| Oklahoma City Economic Development Foundation Inc Oklahoma City, OK | To help fund Forward Oklahoma City VI for to help grow and build a new economy, improve the business climate and create an irresistible quality of life for OKC. | $50,000 |
| Oklahoma Center for Nonprofits Inc Oklahoma City, OK | To equip and strengthen the Oklahoma nonprofit sector through training, consulting, advocacy, membership, networking and awards. | $42,500 |
| Tulsa Performing Arts Center Trust Tulsa, OK | To support the Discovery Awards and Orbit Arts. | $35,000 |
| United Way of the Ozarks Springfield, MO | To support the Give 5 program and remodel of existing office space to create a functional community meeting room. | $35,000 |
| Single Parent Scholarship Fund of Northwest Arkansas Inc Bentonville, AR | For the capital campaign for scholarships across Northwest Arkansas. | $33,750 |
| Barnabas Foundation Inc Branson, MO | To fund 'The Farm' at Camp Barnabas. | $25,000 |
| Children's Tumor Foundation New York, NY | To support the Capital Campaign partnership between Arkansas Children's Hospital and UAMS to pilot the first of its kind Adult Neurofibromatosis Clinic. | $25,000 |
Ready to take the next step with Arvest Foundation?
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 | $21,003,898 | $1,217,210 | $4,616,319 | $4,305,000 | 562 | $4,521,353 | $1,122,244 | $1,351,488 |
| 2023 | $24,403,007 | $643,255 | $4,888,280 | $4,435,000 | 539 | $4,553,114 | $729,973 | $1,399,518 |
| 2022 | $28,648,032 | $15,598,004 | $4,793,057 | $4,435,000 | 546 | $4,560,481 | $15,215,428 | $672,474 |
| 2021 | $17,843,085 | $1,195,224 | $3,919,620 | $3,712,500 | 545 | $3,850,523 | $1,126,127 | $1,097,541 |
| 2020 | $20,867,481 | $413,779 | $3,972,397 | $3,725,000 | 541 | — | $333,013 | $1,105,460 |
| 2019 | $24,126,099 | $24,898,946 | $6,248,760 | $5,740,798 | 1 | — | $24,897,707 | $855,234 |
Under IRS private-foundation payout rules, Arvest Foundation reported a distributable amount of $1.4M 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 available information does not state a mission for the foundation. Its grants include support for economic development, community programs, arts, nonprofit capacity, scholarships, and construction projects. For example, an individual recipient Chamber Foundation describes its mission as promoting civic activities and economic development; Oklahoma Center for Nonprofits says it empowers nonprofits to achieve excellence in their missions; and Tulsa Performing Arts Center Trust says it provides opportunities to experience diversity through the arts.
Grantmaking
In 2024, the foundation made 562 grants totaling $4,305,000. Grants ranged from $1,000 to $75,000, with a median grant of $5,000. The largest awards included $75,000 to an individual recipient Chamber Foundation for the MetRock Forward Capital Campaign, $70,000 to Tulsa Area United Way for program support, and $50,000 each to Fort Kids for its museum building and exhibits and to an individual recipient Economic Development Foundation for an individual recipient VI. Other notable grants included $42,500 to Oklahoma Center for Nonprofits and $35,000 to Tulsa Performing Arts Center Trust.
Leadership & Key People
Officers and directors from IRS filings
Arvest Foundation is led by Jim C. Walton, President & Director on every filing since 2019; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jim C. Walton
President & Director
On filings since 2019
1 hr/week
No compensation reported
Buddy D. Philpot
Director
Director & Treasurer → Director & Vice President, 2020
Director & Vice President → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Jason Kincy
Director
On filings since 2020
1 hr/week
No compensation reported
Naccaman G. Williams
Secretary
On filings since 2019
1 hr/week
No compensation reported
Luke Mitchell
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Marc Holley
Vice President
On filings since 2023
1 hr/week
No compensation reported
Former officers (5)
- Former: Karla Payne (2019–2023) — Assistant Secretary
- Former: Robert A. Smith (2019–2023) — Treasurer
- Former: Richard Chapman (2022–2023) — Assistant Treasurer
- Former: Erron Smith (2023) — Assistant Treasurer
- Former: J. Robert Kelly (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Arvest Foundation
How much does Arvest Foundation give each year?
Arvest Foundation gave $4.3M across 562 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.4M across 539 grants.
What is Arvest Foundation's typical grant size?
Arvest Foundation's median grant in 2024 was $5,000, and its average grant was $7,660, across 562 grants on its 2024 IRS Form 990-PF.
Where does Arvest Foundation give grants?
Arvest Foundation's top state is Arkansas, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Oklahoma (38%) and Missouri (15%). The most frequent recipient cities were Tulsa, OK (37 grants), Little Rock, AR (29 grants), Kansas City, MO (28 grants) and Oklahoma City, OK (24 grants).
Does Arvest Foundation give general operating support?
Occasionally: 6% of Arvest Foundation's 2024 grants with a stated purpose (31 of 562) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Arvest Foundation's largest grantees?
Arvest Foundation's largest 2024 grantees include Little Rock Chamber Foundation ($75,000), Tulsa Area United Way ($70,000) and Fort Kids ($50,000), according to its 2024 IRS Form 990-PF. It also paid 16 grants to individuals ($64,800), which are not listed by name. Together they received 5% of its itemized 2024 grant dollars.
How large is Arvest Foundation?
Arvest Foundation reported $21.0M in total assets on its 2024 IRS Form 990-PF. It paid out $4.5M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).
What does Arvest Foundation fund?
The available information does not state a mission for the foundation. Its grants include support for economic development, community programs, arts, nonprofit capacity, scholarships, and construction projects. See mission & focus areas ↑
How do I apply for a grant from Arvest Foundation?
The foundation makes contributions only to preselected charitable organizations and 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 Arvest Foundation's EIN?
Arvest Foundation's EIN (Employer Identification Number) is 82-3700845. IRS Form 990 filing data is available on this page for 2019–2024.
Does Arvest 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 10, 2020)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Arvest Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Arvest Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/arvest-foundation-morg_7c2ea572fa1d4664bb418923aed9f14a
BibTeX
@misc{grantable_823700845_2026,
author = {{Grantable}},
title = {{Arvest Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/arvest-foundation-morg_7c2ea572fa1d4664bb418923aed9f14a},
note = {Accessed 2026-10-14. 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 Arvest 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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