Paul T Walton Jr Charitable Foundation

COTTONWOOD HEIGHTS, UT EIN: 81-2645760
Philanthropy, Voluntarism & Grantmaking

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

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

States

ArizonaMassachusettsUtahWyoming

Cities

BluffdaleBoltonEphraimIvinsJacksonLaytonLoganMoabMonticelloOgdenPark CityRivertonRockvilleSalt Lake CitySandyScottsdaleSnowbirdTorreyWest Valley City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$844K$2M$3M$3M20202021202220232024
Metric202420232022
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

$0$122K$245K$367K$489K0 grants202015 grants202112 grants202218 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Utah State University Ba…$265KUniversity of Utah$100KNatural History Museum o…$20KGirls on the Run Utah Inc$10KNature Conservancy$10KDoug Coombs Foundation$10KKayenta Arts Foundation$10KTeton Science Schools$10KEspecially for Athletes$5KPTA Utah Congress dba Sa…$5K

Grant Size Distribution

61 grants across all recorded years

56<$50K$50–100K2$100–250K3$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
University of Utah Salt Lake City, UTDesign build Utah @ Bluff$100,000
Especially for Athletes Bluffdale, UTGeneral Purpose$5,000
Girls on the Run Utah Inc Salt Lake City, UTScholarship$10,000
Natural History Museum of Utah Salt Lake City, UTWeaving Revolution$20,000
Nature Conservancy Salt Lake City, UTReplace windows at Dugout Ranch$10,000
Doug Coombs Foundation Salt Lake City, UTSummer Skills Program$10,000
Teton Science Schools Jackson, WYMurie Ranch Project$9,800
Kayenta Arts Foundation Ivins, UT2025 Arts Programming$10,000
PTA Utah Congress dba Sand Springs Elementary PTA Layton, UTGeneral Purpose$5,000
Granary Art Center dba Granary Arts Ephraim, UTGeneral Purpose$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Michael Dustin - Ban…Trust Officer$19KStuart B MathesonExecutive Director$4KJeremy NielsonAdmin. Comm. Member$1KLaurel Cannon AlderAdmin. Comm. Member$1K

From 2024 filing

NameTitleHoursCompensation
Stuart B MathesonExecutive Director1$4,363
Jeremy NielsonAdmin. Comm. Member0.25$1,000
Laurel Cannon AlderAdmin. Comm. Member0.25$1,000
Michael Dustin - Bank of UtahTrust Officer1$19,297

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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

Grants for NonprofitsUtah GrantsArizona GrantsMassachusetts Grants

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

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