Walton Family Foundation Inc logo

Walton Family Foundation Inc

BENTONVILLE, AR EIN: 13-3441466 Website

The Walton Family Foundation is a private, family-led grantmaking foundation based in Bentonville, Arkansas. Established in 1987 by Sam and Helen Walton following Walmart's 25th anniversary, the foundation formalizes the family's philanthropic commitment to addressing major social and environmental challenges. The foundation maintains offices in Bentonville, Arkansas; Washington, D.C.; Jersey City, New Jersey; and Denver, Colorado.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.1B

+7.5% YoY

Annual Giving

$562.3M

-12.3% YoY

Grant Count

1,020

-9.2% YoY

Avg Grant Size

$551K

-3.5% YoY

Under IRS private-foundation payout rules, Walton Family Foundation Inc reported a distributable amount of $413.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The foundation is a family-led foundation that tackles tough social and environmental problems with urgency and a long-term approach to create access to opportunity for people and communities.

Vision: To live in a world where people can accomplish anything when they have opportunity and encouragement.

The foundation works in three primary areas:

  1. Education — Strengthening the connections between education and lifelong opportunity
  2. Environment — Protecting rivers, oceans and the communities they support
  3. Regional Development — Advancing the home region of Northwest Arkansas and the Arkansas-Mississippi Delta

The foundation emphasizes a long-term, partnership-driven approach to philanthropy, funding organizations and initiatives aligned with its strategic program areas. Grantmaking focuses on collaboration with grantees and partners to advance systems-level change and lasting social and environmental outcomes.

Grantmaking

The foundation awarded **$548.8 million in grants in 2024**. Based on recent filings, total giving was $521.7 million, with typical awards ranging from $500 to $39.7 million.

Invitation Only

** The foundation does not accept unsolicited proposals. Grants are by invitation only.

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Geographic Focus

Where this funder awards grants

The foundation funds primarily in:

  • Arkansas (particularly Northwest Arkansas and the Arkansas-Mississippi Delta)
  • District of Columbia
  • New York
  • National initiatives

Grant Distribution by State

52states
+44 more states

Cities

AkronAlamedaAlbanyAlbuquerqueAlexandriaAllendaleAlpharettaAmesAnchorageAnkenyAntonitoArcataArkansas CityArlingtonArvadaAshevilleAspenAthensAtlantaAurora

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $6.14 billion
  • Annual Giving: $548.8 million
  • Revenue: $1.15 billion
  • Expenses: $717 million
  • Total Liabilities: $0

Staff: 120 employees

Tax Status: 501(c)(3) private foundation; tax-exempt since February 1988; EIN: 13-3441466

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$430M$861M$1.3B$1.7B20202021202220232024
Metric202420232022
Total Assets$6,143,971,109$5,714,135,948$5,687,544,544
Revenue$1,146,415,772$872,237,914$796,378,256
Expenses$716,580,611$801,215,799$692,126,736
Qualifying Distributions$650,720,929$732,997,281$656,769,066
Net Investment Income$561,446,619$295,795,809$224,082,214
Distributable Amount$413,549,252$349,226,165$379,238,944

Giving Over Time

Total grant dollars and number of grants per year

$0$178M$357M$535M$714M1,404 grants20201,194 grants20211,137 grants20221,123 grants20231,020 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

50CAN Inc$13.3MAdvanced Education Resea…$8.4MAccelerate - The Nationa…$3.0MArizona State University…$2.3M50CAN Inc$2.0MArizona State University…$1.7MAccelerate - The Nationa…$1.3MAmerican Federation for …$1.3M40 Schools$1.0MAmerican Rivers Inc$650K

Grant Size Distribution

250 grants across all recorded years

30<$50K26$50–100K85$100–250K61$250–500K15$500K–1M27$1–5M6$5M+

Open Grants

1 open opportunity from Walton Family Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include 50CAN Inc ($13,300,000), Advanced Education Research and Development Fund ($8,400,000), Accelerate - The National Collaborative for Accelerated Learning ($3,000,000).

RecipientPurposeAmount
40 Schools New Orleans, LATo train emerging education leaders through an entrepreneurial-focused fellowship program.$1,000,000
50CAN Inc Washington, DCTo support general operations.$2,000,000
50CAN Inc Washington, DCTo Launch the State Implementation Fund, a project that will help governors and state education chiefs in 5 to 8 states implement education policy solutions required to address learning loss and improve student outcomes at scale within 2 to 3 years.$13,300,000
904WARD Inc Jacksonville, FLTo provide transition funding to support the operations of 904Ward which are focused on advancing educational opportunity and equity for students in Jacksonville, FL.$50,000
A Plus Education Partnership Montgomery, ALTo advance K-12 focused program and support state-level policy implementation in Alabama.$300,000
Aaron E Henry Community Health Clarksdale, MSTo support the Asset Building Plan for the Sasse Street Community in Clarksdale, Mississippi.$60,000
Accelerate - The National Collaborative for Accelerated Learning Nashville, TNTo provide subgrants to promising tutoring providers, researchers, and state departments of education to support successful implementation of high-impact tutoring in schools.$3,000,000
Accelerate - The National Collaborative for Accelerated Learning Nashville, TNTo expand the evaluation capacity of researchers for state-approved tutoring providers working in Arkansas and help districts manage and implement effective use of out-of-school tutoring programs.$1,305,374
Activate STL St Louis, MOto support Activate STL in ensuring the voices of parents, students, and educators are heard in order to create a more equitable and effective education system that represents the needs and aspirations of Missouri's diverse communities.$614,470
Administrators of the Tulane Educational Fund New Orleans, LATo analyze the long-term effects of charter schools' competitive effects on overall student and young adult outcomes across the nation in recent decades and disseminate findings.$75,000

Leadership & Key People

Leadership team and compensation from IRS filings

Executive Director: Caryl M. Stern

The foundation is family-led with multiple generations involved in governance, reflecting the family's legacy where diverse opinions are valued and no voice is louder than the next.

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

The foundation has announced several Design Excellence projects supporting architectural and planning initiatives in Northwest Arkansas. Recent research from the foundation, conducted in partnership with the Bipartisan Policy Center and Gallup, found that 71% of teachers have a paid position beyond their primary teaching job, with one in five reporting difficulty getting by financially.

[PDF] Return of Private Foundation

The foundation has also invested in conservation efforts, including conservation easements in the Mississippi Alluvial Valley that help landowners preserve agricultural heritage while returning unproductive land to its natural state. Additionally, the foundation supports after-school programming, such as initiatives at the Boys & Girls Club of Jefferson County in the Arkansas Delta.

[PDF] Return of Private Foundation

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Walton Family Foundation Inc fund?

**Mission:** The foundation is a family-led foundation that tackles tough social and environmental problems with urgency and a long-term approach to create access to opportunity for people and communities. **Vision:** To live in a world where people can accomplish anything when they have opportunity and encouragement. The foundation works in three primary areas: 1. **Education** — Strengthening the connections between education and lifelong opportunity 2. **Environment** — Protecting rivers, oc…

How do I apply for a grant from Walton Family Foundation Inc?

The foundation awarded **$548.8 million in grants in 2024**. Based on recent filings, total giving was $521.7 million, with typical awards ranging from $500 to $39.7 million. **Application Process:** The foundation does not accept unsolicited proposals. Grants are by invitation only. **Grantee Support:** The foundation provides resources for grantees, including evaluation documents and guidance on communicating about grants. **Notable Programs:** • **Design Excellence Program** — Promoting the …

Where does Walton Family Foundation Inc make grants?

The foundation funds primarily in: • Arkansas (particularly Northwest Arkansas and the Arkansas-Mississippi Delta) • District of Columbia • New York • National initiatives

What size grants does Walton Family Foundation Inc award?

In 2024, Walton Family Foundation Inc awarded 1,020 grants totaling $562.3M — an average of about $551K per grant, based on its IRS Form 990 filings.

How much is Walton Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walton Family Foundation Inc reported a distributable amount of $413.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walton Family Foundation Inc's EIN?

Walton Family Foundation Inc's EIN (Employer Identification Number) is 13-3441466. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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