Town Branch Foundation
Town Branch Foundation is a private foundation based in Bentonville, Arkansas. Its 2024 filing lists grants for education, community facilities, and other charitable purposes, including support for organizations in Arkansas and Oklahoma.
Town Branch Foundation at a glance
In short: Town Branch Foundation gave $30.0M across 63 grants in 2024 (avg $476K), mostly in Arkansas. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $29,982,571
- -20.7% vs 2023
- Grants made (2024)
- 63
- +14.5% vs 2023
- Average grant
- $475,914
- -30.8% vs 2023
- Median grant
- $250,000
- Total assets
- $499,998,797
- +6.3% vs 2023
- New grantees (estimate)
- 38% first-time grantees (15 of 40, 2024)
- Primary geography
- Arkansas (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Town Branch 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: PO Box 1860, Bentonville, AR 71712
Phone: (479) 464-1570
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Town Branch Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Peel Compton Foundation ($8.1M across 6 grants). Together the top 10 received $24.5M.
Organizations only. It also paid 1 grant to individuals ($98,365), which are not listed by name.
Grant Size Distribution
196 grants across all recorded years
The most common grant size was under $50K: 89 grants of 196 (45%).
Geographic Focus
Where this funder awards grants
In 2024, 67% of grant dollars went to recipients in Arkansas and 24% to recipients in Oklahoma. Smaller shares went to recipients in New York (4%), Massachusetts (2%), and Missouri (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 63 itemized grants.
States
Cities
Is Town Branch Foundation open to new grantees?
38%
first-time grantees, 2024
In 2024, 15 of 40 grantees (38%) were first-time recipients. First grants averaged $599K; repeat grants $840K. How we count
Medians: $330K first-time, $40K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
- In 2024 it paid out 162% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $14.1M (2020) to $37.8M (2023). In 2024 it made 63 grants totaling $30.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Peel Compton Foundation Bentonville, AR | To support general operations | $3,854,715 |
| The Peel Compton Foundation Bentonville, AR | to support the construction costs associated with the Compton House expansion | $2,572,229 |
| City of Bentonville Bentonville, AR | to support the construction of the Bentonville Adult Recreation Center and for the Center Manager's salary | $2,000,000 |
| Heartland Forward Inc Bentonville, AR | To support general operations | $1,661,880 |
| Tulsa Community Foundation Tulsa, OK | to support the 918 Fund, a program focusing on the creation of 15,000 quality school seats in the next 10 years | $1,440,000 |
| TNTP Inc New York, NY | to support improved teacher practice and early literacy through high-touch teacher coaching in Phelps County, Missouri, as a pilot program for the Missouri Department of Elementary and Secondary Education to consider for expansion in other districts | $1,320,148 |
| Oklahoma Public School Resource Center Inc Oklahoma City, OK | to support Fuel OKC | $1,000,030 |
| Arkansas Public School Resource Center Inc Little Rock, AR | To provide literacy specialists and coaches to implement literacy support for charter schools and serve as a self-sustaining unit for school interventions | $849,000 |
| University of Arkansas Foundation Inc Fayetteville, AR | to support Grantee's Accelerate Student Achievement Program designed to support academic achievement, college completion, and post-graduation success among first-generation and Pell Grant-eligible students from the Arkansas Delta region | $833,333 |
| The Peel Compton Foundation Bentonville, AR | to support the costs associated with trail and property clean-up recovery efforts | $750,000 |
Ready to take the next step with Town Branch 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $499,998,797 | $66,564,166 | $37,148,136 | $29,982,571 | 63 | $113,869,285 | $29,402,318 | $70,084,524 |
| 2023 | $470,582,767 | $30,794,095 | $45,804,542 | $37,811,935 | 55 | $119,286,516 | $28,957,148 | $73,994,148 |
| 2022 | $487,284,507 | $485,953 | $25,131,715 | $21,559,591 | 30 | $52,176,776 | $11,036,347 | $26,779,340 |
| 2021 | $511,930,269 | $39,195,874 | $29,920,727 | $26,638,725 | 27 | $36,788,731 | $38,776,396 | $30,857,450 |
| 2020 | $502,655,122 | $15,173,452 | $15,788,404 | $14,142,040 | 21 | — | $14,174,701 | $26,478,479 |
Under IRS private-foundation payout rules, Town Branch Foundation reported a distributable amount of $70.1M for 2024 — 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 is provided. The 2024 grants show support for organizations and projects related to education, community facilities, and local development. For example, grants supported school facilities, literacy services, student achievement, and a recreation center.
Among its grantees, Heartland Forward describes itself as a think-and-do tank advancing economic opportunity in the heartland. TNTP says its mission is to transform education so every young person thrives. The Arkansas Public School Resource Center says it provides assistance and professional development to public, charter, and rural schools to enhance learning and improve education and fiscal practices.
Grantmaking
In 2024, the foundation made 63 grants totaling $29,982,571. Grants ranged from $5,000 to $3,854,715, with a median of $250,000. In 2023, it made 55 grants totaling $37,811,935; in 2022, it made 30 grants totaling $21,559,591.
Among the largest 2024 grants were $3,854,715 to The Peel Compton Foundation for general operations; $2,572,229 to the same organization for Compton House expansion construction costs; $2,000,000 to the City of Bentonville for construction of the Bentonville Adult Recreation Center and the Center Manager’s salary; and $1,661,880 to Heartland Forward Inc for general operations. Other notable grants included $1,440,000 to Tulsa Community Foundation for its 918 Fund and $1,320,148 to TNTP Inc for teacher coaching and early literacy work in Missouri.
The filing also lists direct charitable activities: an Equitable Facilities Fund bridge loan and support for the Dove Charter Public School Foundation’s North Facility Expansion in Oklahoma City. These are listed as direct charitable activities, not as grants to outside applicants.
Leadership & Key People
Officers and directors from IRS filings
Town Branch Foundation is led by Marc Holley, Vice President & Executive Director since 2024 (on filings since 2023); 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Marc Holley
Vice President & Executive Director
Executive Director → Vice President & Executive Director, 2024
On filings since 2023
30 hrs/week
$309K (2024)
Jim C. Walton
Director & Co-President
President → Director & President, 2022
Director & President → Director & Co-President, 2024
On filings since 2020
1 hr/week
No compensation reported
Lynne M. Walton
Director, Vice President & Co-President
Vice President → Director & Vice President, 2022
Director & Vice President → Director, Vice President & Co-President, 2024
On filings since 2020
1 hr/week
No compensation reported
Buddy D. Philpot
Secretary
On filings since 2020
31 hrs/week
$605K (2022) → $677K (2024)
Luke Mitchell
Treasurer
On filings since 2023
0.5 hrs/week
No compensation reported
Jeff Dean
Secretary
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Robert A. Smith (2020–2023) — Treasurer
- Former: Erron Smith (2021) — Assistant Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $677K, to Buddy D Philpot (Secretary (Until 09/30/24)). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Town Branch Foundation
How much does Town Branch Foundation give each year?
Town Branch Foundation gave $30.0M across 63 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37.8M across 55 grants.
What is Town Branch Foundation's typical grant size?
Town Branch Foundation's median grant in 2024 was $250,000, and its average grant was $475,914, across 63 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Town Branch Foundation that year got $599K on average.
Where does Town Branch Foundation give grants?
Town Branch Foundation gives mostly in Arkansas: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (24%). The most frequent recipient cities were Bentonville, AR (17 grants), Oklahoma City, OK (12 grants), Little Rock, AR (8 grants) and Fayetteville, AR (4 grants).
Does Town Branch Foundation give general operating support?
Yes: 14% of Town Branch Foundation's 2024 grants with a stated purpose (9 of 63) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Town Branch Foundation's largest grantees?
Town Branch Foundation's largest 2024 grantees include The Peel Compton Foundation ($8,139,680 across 6 grants), City of Bentonville ($2,570,120 across 2 grants) and Arkansas Public School Resource Center Inc ($2,569,571 across 4 grants), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($98,365), which are not listed by name. Together they received 44% of its itemized 2024 grant dollars.
How large is Town Branch Foundation?
Town Branch Foundation reported $500.0M in total assets on its 2024 IRS Form 990-PF. It paid out $113.9M in qualifying distributions that year, against a required minimum of $70.1M (roughly 5% of its investment assets).
What does Town Branch Foundation fund?
No mission statement is provided. The 2024 grants show support for organizations and projects related to education, community facilities, and local development. For example, grants supported school facilities, literacy services, student achievement, and a recreation center. See mission & focus areas ↑
How do I apply for a grant from Town Branch 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 Town Branch Foundation's EIN?
Town Branch Foundation's EIN (Employer Identification Number) is 82-3575662. IRS Form 990 filing data is available on this page for 2020–2024.
Does Town Branch 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Town Branch Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Arkansas
Walton Family Foundation Inc
Bentonville, AR
The Walton Family Foundation funds K–12 education, river and ocean conservation, and quality-of-life initiatives in Northwest Arkansas and the Arkansas-Mississippi Delta; its grants also support organizations and projects elsewhere in the U.S. Its 2024 grants had a median of $200,000, with awards ranging from $1,000 to $35.6 million. It does not accept unsolicited requests except from eligible public charter school developers applying to its startup grant program; other organizations must first submit a letter of inquiry and await an invitation.
Assets
$6.1B
Grants
1,020
Total Given
$562.3M
Alice L Walton Foundation
Bentonville, AR
The foundation funds arts and culture, education, health and well-being, and economic opportunity, prioritizing communities in Northwest Arkansas while also supporting organizations elsewhere. In 2024, grants ranged from $3,500 to $12 million, with a median of $50,000. It does not accept unsolicited funding requests and gives only to preselected organizations.
Assets
$4.7B
Grants
95
Total Given
$47.1M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Arkansas Community Foundation Inc
Little Rock, AR
Arkansas Community Foundation funds charitable work in education, community life, family services and health, including programs for food security, early literacy and the arts, primarily across Arkansas through statewide and local grant programs. Its 2025 grants had a median award of $17,000, though amounts varied widely; it accepts applications through specific competitive programs, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$895.9M
Grants
827
Total Given
$58.7M
Arvest Foundation
Bentonville, AR
Arvest Foundation funds economic development, community programs, arts, nonprofit capacity, scholarships, and construction projects, primarily in Arkansas, Oklahoma, and Missouri. In 2024, grants ranged from $1,000 to $75,000, with a median of $5,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$21.0M
Grants
562
Total Given
$4.3M
Windgate Charitable Foundation Inc
Little Rock, AR
Windgate Charitable Foundation funds contemporary craft and visual arts education across the United States, plus education, health, and community initiatives for Arkansas organizations. Its 2025 grants ranged from $2,000 to $7.52 million, with a median of about $54,700. It does not accept unsolicited requests; organizations funded in the past five years may apply through its grantee portal.
Assets
$421.0M
Grants
341
Total Given
$105.6M
More similar funders
More Funders in Arkansas
Cite this profile
Grantable. (2026). Town Branch Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/town-branch-foundation-morg_921798e6d5c445deb9ba0ed07b6aa59e
BibTeX
@misc{grantable_823575662_2026,
author = {{Grantable}},
title = {{Town Branch Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/town-branch-foundation-morg_921798e6d5c445deb9ba0ed07b6aa59e},
note = {Accessed 2026-10-13. 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 Town Branch 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.
Town Branch Foundation down — hundreds of funders to go?