Bud and Julie Whetstone is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $500.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$500
-85.5% YoY
Grant Count
1
-80.0% YoY
Avg Grant Size
$500
-27.5% YoY
Under IRS private-foundation payout rules, Bud and Julie Whetstone reported a distributable amount of $486 for 2022 — the minimum it must pay out in qualifying distributions.
About Bud and Julie Whetstone
Based on IRS filings
Bud and Julie Whetstone is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $500.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $43,388 | $48,667 |
| Revenue | $26,592 | — | $2 |
| Expenses | $2,657 | $5,279 | $13,650 |
| Qualifying Distributions | $1,200 | $4,175 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $486 | $1,097 | $1,492 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Arkansas Flight Basketball Aau Basketball ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS FLIGHT BASKETBALL AAU BASKETBALL LITTLE ROCK, AR | GENERAL SUPPORT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BUD B WHETSTONE | PRESIDENT | — | — |
| LEE WHETSTONE | SECRETARY/TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bud and Julie Whetstone?
Bud and Julie Whetstone is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. It holds — in total assets as of 2022.
Where does Bud and Julie Whetstone operate?
Bud and Julie Whetstone has awarded grants in Arkansas, Georgia, South Carolina, Utah.
What size grants does Bud and Julie Whetstone award?
In 2022, Bud and Julie Whetstone awarded 1 grants totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.
How much is Bud and Julie Whetstone required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Bud and Julie Whetstone 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's EIN?
Bud and Julie Whetstone's EIN (Employer Identification Number) is 80-0024969. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Bud and Julie Whetstone's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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