Paul T Walton Jr Charitable Foundation
The Paul T Walton Jr Charitable Foundation is a private foundation based in Cottonwood Heights, Utah. In 2025, it reported making 15 grants totaling $538,500, all to recipients in Utah.
Paul T Walton Jr Charitable Foundation at a glance
In short: Paul T Walton Jr Charitable Foundation gave $539K across 15 grants in 2025 (avg $36K), mostly in Utah. 53% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $538,500
- +13.4% vs 2024
- Grants made (2025)
- 15
- -6.3% vs 2024
- Average grant
- $35,900
- +21.0% vs 2024
- Median grant
- $10,000
- Total assets
- $9,850,854
- +0.4% vs 2024
- New grantees (estimate)
- 53% first-time grantees (8 of 15, 2025; small sample)
- Primary geography
- Utah (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Paul T Walton Jr Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 7722 S Keswick Road, Cottonwood Heights, UT 84093
Phone: (801) 205-7681
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Paul T Walton Jr Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Utah State University Bastian Agricultural Center ($278K). Together the top 10 received $517K.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 69 grants of 76 (91%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Utah.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Is Paul T Walton Jr Charitable Foundation open to new grantees?
53%
first-time grantees, 2025
In 2025, 8 of 15 grantees (53%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $13K; repeat grants $62K. How we count
Medians: $11K first-time, $10K repeat.
- 40% of 2025 grantees were also funded in 2024. Method
- Giving grew 42% from 2022 to 2025. Method
- In 2025 it paid out 93% 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 (2021–2025). 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 2021 to 2025, annual grant giving ranged from $245K (2021) to $539K (2025). In 2025 it made 15 grants totaling $539K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Utah State University Bastian Agricultural Center Salt Lake City, UT | Arena | $277,500 |
| University of Utah Salt Lake City, UT | Endowed Professorship | $100,000 |
| The Other Side Academy Salt Lake City, UT | The Other Side Village Project | $27,000 |
| Friends of Switchpoint Inc St George, UT | General Purpose | $26,000 |
| Friends of the Children-Utah Kearns, UT | General Purpose | $25,000 |
| Nature Conservancy Salt Lake City, UT | Dugout Ranch | $20,000 |
| Fight Against Domestic Violence Midvale, UT | Flex Fund Housing | $11,000 |
| Doug Coombs Foundation Salt Lake City, UT | After school Programs | $10,000 |
| Success in Education dba Ken Garff for Good Salt Lake City, UT | Women Who Succeed | $10,000 |
| Kayenta Arts Foundation Ivins, UT | New Play Lab | $10,000 |
Ready to take the next step with Paul T Walton Jr Charitable 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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,850,854 | $689,711 | $649,307 | $538,500 | 15 | $581,816 | $472,220 | $626,927 |
| 2024 | $9,814,094 | $613,588 | $570,274 | $474,800 | 16 | $511,952 | $405,246 | $581,332 |
| 2023 | $9,781,080 | $434,414 | $599,664 | $489,000 | 18 | $539,046 | $373,796 | $520,576 |
| 2022 | $9,949,815 | $384,838 | $460,740 | $380,000 | 12 | $408,516 | $298,274 | $516,037 |
| 2021 | $10,146,576 | $3,068,277 | $311,363 | $245,000 | 15 | $272,144 | $538,791 | $407,519 |
| 2020 | $6,975,130 | $225,176 | $44,381 | — | — | — | $128,357 | $283,353 |
Under IRS private-foundation payout rules, Paul T Walton Jr Charitable Foundation reported a distributable amount of $627K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for education, social services, arts, and conservation organizations. For example, The Other Side Academy describes its mission as operating schools where students develop vocational, pro-social, and life skills; Friends of Switchpoint says it mobilizes people and resources to address community problems, including through a homeless shelter, food pantry, and resource center. Kayenta Arts Foundation describes its mission as fostering diverse artistic endeavors for education and enrichment, while the Nature Conservancy grant was designated for Dugout Ranch.
Grantmaking
In 2025, the foundation gave $538,500 through 15 grants. Grant amounts ranged from $1,000 to $277,500, with a median grant of $10,000.
Largest reported grants included $277,500 to Utah State University Bastian Agricultural Center for an arena and $100,000 to the University of Utah for an endowed professorship. Other grants included $27,000 to The Other Side Academy for The Other Side Village Project; $26,000 to Friends of Switchpoint for general purposes; $25,000 to Friends of the Children-Utah for general purposes; and $20,000 to the Nature Conservancy for Dugout Ranch. Additional listed grants were $11,000 to Fight Against Domestic Violence for a flex fund for housing; $10,000 each to the Doug Coombs Foundation, Success in Education dba Ken Garff for Good, Kayenta Arts Foundation, and Sharing Place Inc; and $5,000 to Salt Lake Arts Council Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Stuart B Matheson as Executive Director; Jeremy Nielson and Laurel Cannon Alder as Admin. Comm. Members; and Michael Dustin of Bank of Utah as Trust Officer.
Paul T Walton Jr Charitable Foundation is led by Stuart B Matheson, Executive Director since 2023 (on filings since 2020); all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Stuart B Matheson
Executive Director
Executive Di → Executive Director, 2023
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
Jeremy Nielson
Administrator Committee Member
Administrator Committee → Administrator Committee Member, 2023
On filings since 2020
0.3 hrs/week
$1K (2021) → $1K (2025)
Laurel Cannon Alder
Administrator Committee Member
Administrator Committee → Administrator Committee Member, 2023
On filings since 2020
0.3 hrs/week
$1K (2021) → $2K (2025)
Michael Dustin - Bank of Utah
Trust Officer
On filings since 2023
1 hr/week
$33K (2023) → $22K (2025)
Former officers (1)
- Former: Nancy L. Greenlee (2020–2022) — Administrator Committee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $22K, to Michael Dustin - Bank of Utah (Trust Officer). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Paul T Walton Jr Charitable Foundation
How much does Paul T Walton Jr Charitable Foundation give each year?
Paul T Walton Jr Charitable Foundation gave $539K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $475K across 16 grants.
What is Paul T Walton Jr Charitable Foundation's typical grant size?
Paul T Walton Jr Charitable Foundation's median grant in 2025 was $10,000, and its average grant was $35,900, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Paul T Walton Jr Charitable Foundation that year got $13K on average.
Where does Paul T Walton Jr Charitable Foundation give grants?
Paul T Walton Jr Charitable Foundation gives mostly in Utah: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Salt Lake City, UT (8 grants).
Does Paul T Walton Jr Charitable Foundation give general operating support?
Yes: 33% of Paul T Walton Jr Charitable Foundation's 2025 grants with a stated purpose (5 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Paul T Walton Jr Charitable Foundation's largest grantees?
Paul T Walton Jr Charitable Foundation's largest 2025 grantees include Utah State University Bastian Agricultural Center ($277,500), University of Utah ($100,000) and The Other Side Academy ($27,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is Paul T Walton Jr Charitable Foundation?
Paul T Walton Jr Charitable Foundation reported $9.9M in total assets on its 2025 IRS Form 990-PF. It paid out $582K in qualifying distributions that year, against a required minimum of $627K (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 Paul T Walton Jr Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for education, social services, arts, and conservation organizations. See mission & focus areas ↑
How do I apply for a grant from Paul T Walton Jr Charitable Foundation?
The foundation states that it 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 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 2020–2025.
Does Paul T Walton Jr Charitable 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 2025 (received by the IRS June 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Paul T Walton Jr Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Paul T Walton Jr Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Larry H Miller and Gail Miller Family Foundation
Sandy, UT
The foundation supports shelter and food security, jobs and economic self-reliance, and healthcare, with most of its giving focused on Utah. In 2024, it made 324 grants totaling $33.2 million; the median grant was $25,000, though awards ranged from $1,000 to over $10 million. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$773.9M
Grants
324
Total Given
$33.2M
George S and Dolores Dore
Salt Lake City, UT
The George S. and Dolores Doré Eccles Foundation funds arts and culture, community, education, health and wellness, and preservation and conservation, primarily for organizations serving Utah. Its 2024 grants had a median of $17,750, though awards ranged from $500 to $5.575 million. It accepts unsolicited requests through an online Letter of Inquiry.
Assets
$966.8M
Grants
400
Total Given
$27.0M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Sorenson Legacy Foundation
Midvale, UT
The Sorenson Legacy Foundation funds education, arts education, innovation, health care, and community initiatives, with a strong preference for work in Utah. In 2024, it made 266 grants ranging from $700 to $5.675 million, with a median award of $20,000. It accepts applications through its application process and lists quarterly deadlines of December 1, March 1, June 1, and September 1.
Assets
$465.5M
Grants
266
Total Given
$28.0M
Dominion Energy Charitable Foundation
Richmond, VA
Dominion Energy Charitable Foundation funds eligible 501(c)(3) organizations working in health and human services, education, arts and culture, civic and community development, and the environment within its operating area. Its 2024 grants ranged from $100 to $1 million, with a median of $5,000; it accepts unsolicited requests during spring and fall cycles.
Assets
$2.3M
Grants
773
Total Given
$16.4M
The Community Foundation of Utah
Salt Lake City, UT
The Community Foundation of Utah supports nonprofit organizations addressing community needs, with work spanning areas such as homelessness, healthcare access, refugee support, and nonprofit capacity. Its 2024 grants had a median amount of $20,000, and it supports organizations serving Utah and the broader United States.
Assets
$190.4M
Grants
299
Total Given
$60.0M
More similar funders
More Funders in Utah
Cite this profile
Grantable. (2026). Paul T Walton Jr Charitable Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/paul-t-walton-jr-charitable-foundation-morg_78dca208b8914394bb977b671fd16bec
BibTeX
@misc{grantable_812645760_2026,
author = {{Grantable}},
title = {{Paul T Walton Jr Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/paul-t-walton-jr-charitable-foundation-morg_78dca208b8914394bb977b671fd16bec},
note = {Accessed 2026-10-16. 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 Paul T Walton Jr 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.
Paul T Walton Jr Charitable Foundation down — hundreds of funders to go?