Walton & Ada Thompson Charitable Foundat
Walton & Ada Thompson Charitable Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.8M
Annual Giving
$1.0M
Grant Count
8
Avg Grant Size
$131K
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.
About Walton & Ada Thompson Charitable Foundat
Based on IRS filings
Walton & Ada Thompson Charitable Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,761,397 | — | — |
| Revenue | $15,847,411 | — | — |
| Expenses | $1,086,014 | — | — |
| Qualifying Distributions | $1,048,650 | — | — |
| Net Investment Income | $170,778 | — | — |
| Distributable Amount | $742,436 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison American Legion Home Inc ($306,000), Logos Classical Academy ($200,000), Nuvum Baptist Church ($135,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIGHTWOOD RURITAN CLUB BRIGHTWOOD, VA | GENERAL PURPOSE OF DONEE | $50,000 |
| HOLISTIC HAITIAN ALLIANCE BRIDGEWATER, VA | GENERAL PURPOSE OF DONEE | $100,000 |
| LOGOS CLASSICAL ACADEMY LORTON, VA | GENERAL PURPOSE OF DONEE | $200,000 |
| MADISON AMERICAN LEGION HOME INC MADISON, VA | GENERAL PURPOSE OF DONEE | $306,000 |
| MT ZION BAPTIST CHURCH OAKPARK, VA | GENERAL PURPOSE OF DONEE | $80,000 |
| NUVUM BAPTIST CHURCH REVA, VA | GENERAL PURPOSE OF DONEE | $135,000 |
| RAPIDAN BAPTIST CHURCH MADISON, VA | GENERAL PURPOSE OF DONEE | $100,000 |
| WPRZ 881 PRAISE COMMUNICATIONS INC CULPEPER, VA | GENERAL PURPOSE OF DONEE | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE GRAYSON | TRUSTEE | — | — |
| MATTHEW CHARLES PAIGE | TRUSTEE | — | — |
| G HOWARD CURTIS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Walton & Ada Thompson Charitable Foundat?
Walton & Ada Thompson Charitable Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, VA. It holds $14.8M in total assets as of 2024.
How large is Walton & Ada Thompson Charitable Foundat?
As of 2024, Walton & Ada Thompson Charitable Foundat holds $14.8M in total assets with $15.8M in annual revenue. It awarded 8 grants totaling $1.0M in 2024.
Where does Walton & Ada Thompson Charitable Foundat operate?
Walton & Ada Thompson Charitable Foundat has awarded grants in Virginia.
What size grants does Walton & Ada Thompson Charitable Foundat award?
In 2024, Walton & Ada Thompson Charitable Foundat awarded 8 grants totaling $1.0M — an average of about $131K per grant, based on its IRS Form 990 filings.
How much is Walton & Ada Thompson Charitable Foundat required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walton & Ada Thompson Charitable Foundat reported a distributable amount of $742K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Browse active grant opportunities in Walton & Ada Thompson Charitable Foundat's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.