Walton & Ada Thompson Charitable Foundat
Walton & Ada Thompson Charitable Foundat is a private foundation, based in Madison, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $14.8M in total assets. In 2024, it awarded 8 grants totaling $1.0M. Net investment income was $171K.
Walton & Ada Thompson Charitable Foundat at a glance
In short: Walton & Ada Thompson Charitable Foundat gave $1.0M across 8 grants in 2024 (avg $131K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,046,000
- Grants made (2024)
- 8
- Average grant
- $130,750
- Median grant
- $100,000
- Total assets
- $14,761,397
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Walton & Ada Thompson Charitable Foundat funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Madison American Legion Home Inc ($306K). Together the top 8 received $1.0M.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
How Walton & Ada Thompson Charitable Foundat gives
- In 2024 it paid out 141% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 8 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Madison American Legion Home Inc Madison, VA | General Purpose of Donee | $306,000 |
| Logos Classical Academy Lorton, VA | General Purpose of Donee | $200,000 |
| Nuvum Baptist Church Reva, VA | General Purpose of Donee | $135,000 |
| Holistic Haitian Alliance Bridgewater, VA | General Purpose of Donee | $100,000 |
| Rapidan Baptist Church Madison, VA | General Purpose of Donee | $100,000 |
| Mt Zion Baptist Church Oakpark, VA | General Purpose of Donee | $80,000 |
| WPRZ 881 Praise Communications Inc Culpeper, VA | General Purpose of Donee | $75,000 |
| Brightwood Ruritan Club Brightwood, VA | General Purpose of Donee | $50,000 |
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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 | $14,761,397 | $15,847,411 | $1,086,014 | $1,046,000 | 8 | $1,048,650 | $170,778 | $742,436 |
Under IRS private-foundation payout rules, Walton & Ada Thompson Charitable Foundat reported a distributable amount of $742K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walton & Ada Thompson Charitable Foundat's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
G. Howard Curtis
Trustee
On filings since 2022
No compensation reported
Matthew Charles Paige
Trustee
On filings since 2022
No compensation reported
Steve Grayson
Trustee
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Walton & Ada Thompson Charitable Foundat
How much does Walton & Ada Thompson Charitable Foundat give each year?
Walton & Ada Thompson Charitable Foundat gave $1.0M across 8 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Walton & Ada Thompson Charitable Foundat's typical grant size?
Walton & Ada Thompson Charitable Foundat's median grant in 2024 was $100,000, and its average grant was $130,750, across 8 grants on its 2024 IRS Form 990-PF.
Where does Walton & Ada Thompson Charitable Foundat give grants?
Walton & Ada Thompson Charitable Foundat gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Madison, VA (2 grants).
Does Walton & Ada Thompson Charitable Foundat give general operating support?
Yes: 100% of Walton & Ada Thompson Charitable Foundat's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Walton & Ada Thompson Charitable Foundat's largest grantees?
Walton & Ada Thompson Charitable Foundat's largest 2024 grantees include Madison American Legion Home Inc ($306,000), Logos Classical Academy ($200,000) and Nuvum Baptist Church ($135,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.
How large is Walton & Ada Thompson Charitable Foundat?
Walton & Ada Thompson Charitable Foundat reported $14.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $742K (roughly 5% of its investment assets).
What is Walton & Ada Thompson Charitable Foundat's EIN?
Walton & Ada Thompson Charitable Foundat's EIN (Employer Identification Number) is 88-3623706. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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