Bud and Julie Whetstone Charitable Foundation

Private foundation · Grantmaker Little Rock, AR EIN: 80-0024969

Bud and Julie Whetstone Charitable Foundation is a private foundation, based in Little Rock, AR. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grant totaling $500.

Bud and Julie Whetstone Charitable Foundation at a glance

In short: Bud and Julie Whetstone Charitable Foundation gave $500 across 1 grant in 2022 (avg $500), mostly in Arkansas. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$500
-85.5% vs 2021
Grants made (2022)
1
-80.0% vs 2021
Average grant
$500
-27.5% vs 2021
Median grant
$500
Primary geography
Arkansas (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Bud and Julie Whetstone Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Arkansas Flight Basketball AAU Basketball: $500Arkansas Flight Basketball AAUBasketball$500

The largest 2022 recipient was Arkansas Flight Basketball AAU Basketball ($500).

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2022 grant dollars on its one itemized grant.

Cities

Little RockNorth Little RockAtlantaMalvernSalt Lake CityTaylors

How Bud and Julie Whetstone Charitable Foundation gives

  • In 2022 it paid out 247% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K5 grants2020 5 grants2021 1 grant2022

From 2020 to 2022, annual grant giving ranged from $500 (2022) to $11K (2020). In 2022 it made 1 grant totaling $500.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Arkansas Flight Basketball AAU Basketball Little Rock, ARGeneral Support$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2022—$26,592$2,657$5001$1,200$486
2021$43,388—$5,279$3,4505$4,175$1,097
2020$48,667$2$13,650$11,3275—$1,492

Under IRS private-foundation payout rules, Bud and Julie Whetstone Charitable Foundation reported a distributable amount of $486 for 2022 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Bud and Julie Whetstone Charitable Foundation is led by Bud B. Whetstone, President on every filing since 2020; none of the 2 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Bud B. Whetstone

    President

    On filings since 2020

    No compensation reported

  • Lee Whetstone

    Secretary & Treasurer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "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 Bud and Julie Whetstone Charitable Foundation

How much does Bud and Julie Whetstone Charitable Foundation give each year?

Bud and Julie Whetstone Charitable Foundation gave $500 across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $3K across 5 grants.

Where does Bud and Julie Whetstone Charitable Foundation operate?

Bud and Julie Whetstone Charitable Foundation has awarded grants in Arkansas, Georgia, South Carolina, Utah.

How much is Bud and Julie Whetstone Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Bud and Julie Whetstone Charitable Foundation reported a distributable amount of $486 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bud and Julie Whetstone Charitable Foundation's EIN?

Bud and Julie Whetstone Charitable Foundation's EIN (Employer Identification Number) is 80-0024969. IRS Form 990 filing data is available on this page for 2020–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Bud and Julie Whetstone Charitable 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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