Paul T Walton Jr Charitable Foundation
Paul T Walton Jr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COTTONWOOD HEIGHTS, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 16 grants totaling $475K. Net investment income was $405K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.8M
+0.3% YoY
Annual Giving
$475K
-2.9% YoY
Grant Count
16
-11.1% YoY
Avg Grant Size
$30K
+9.2% YoY
Under IRS private-foundation payout rules, Paul T Walton Jr Charitable Foundation reported a distributable amount of $581K for 2024 — the minimum it must pay out in qualifying distributions.
About Paul T Walton Jr Charitable Foundation
Based on IRS filings
Paul T Walton Jr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COTTONWOOD HEIGHTS, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 16 grants totaling $475K. Net investment income was $405K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,814,094 | $9,781,080 | $9,949,815 |
| Revenue | $613,588 | $434,414 | $384,838 |
| Expenses | $570,274 | $599,664 | $460,740 |
| Qualifying Distributions | $511,952 | $539,046 | $408,516 |
| Net Investment Income | $405,246 | $373,796 | $298,274 |
| Distributable Amount | $581,332 | $520,576 | $516,037 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Utah State University Bastian Agricultural Center ($265,000), University of Utah ($100,000), Natural History Museum of Utah ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Utah Salt Lake City, UT | Design build Utah @ Bluff | $100,000 |
| Especially for Athletes Bluffdale, UT | General Purpose | $5,000 |
| Girls on the Run Utah Inc Salt Lake City, UT | Scholarship | $10,000 |
| Natural History Museum of Utah Salt Lake City, UT | Weaving Revolution | $20,000 |
| Nature Conservancy Salt Lake City, UT | Replace windows at Dugout Ranch | $10,000 |
| Doug Coombs Foundation Salt Lake City, UT | Summer Skills Program | $10,000 |
| Teton Science Schools Jackson, WY | Murie Ranch Project | $9,800 |
| Kayenta Arts Foundation Ivins, UT | 2025 Arts Programming | $10,000 |
| PTA Utah Congress dba Sand Springs Elementary PTA Layton, UT | General Purpose | $5,000 |
| Granary Art Center dba Granary Arts Ephraim, UT | General Purpose | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stuart B Matheson | Executive Director | 1 | $4,363 |
| Jeremy Nielson | Admin. Comm. Member | 0.25 | $1,000 |
| Laurel Cannon Alder | Admin. Comm. Member | 0.25 | $1,000 |
| Michael Dustin - Bank of Utah | Trust Officer | 1 | $19,297 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Paul T Walton Jr Charitable Foundation?
Paul T Walton Jr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COTTONWOOD HEIGHTS, UT. It holds $9.8M in total assets as of 2024.
How large is Paul T Walton Jr Charitable Foundation?
As of 2024, Paul T Walton Jr Charitable Foundation holds $9.8M in total assets with $614K in annual revenue. It awarded 16 grants totaling $475K in 2024.
Where does Paul T Walton Jr Charitable Foundation operate?
Paul T Walton Jr Charitable Foundation has awarded grants in Arizona, Massachusetts, Utah, Wyoming.
What size grants does Paul T Walton Jr Charitable Foundation award?
In 2024, Paul T Walton Jr Charitable Foundation awarded 16 grants totaling $475K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Paul T Walton Jr Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Paul T Walton Jr Charitable Foundation reported a distributable amount of $581K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paul T Walton Jr Charitable Foundation's EIN?
Paul T Walton Jr Charitable Foundation's EIN (Employer Identification Number) is 81-2645760. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Paul T Walton Jr Charitable Foundation'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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