Walton Rick & Kathy Charitable Tr Fdn
The Walton Rick & Kathy Charitable Trust Foundation is a private foundation based in Wilmington, Delaware. Established in 2021, the foundation operates as a charitable trust with Charles Schwab Trust Co of Delaware serving as the directed trustee. The foundation manages philanthropic activities across multiple U.S. states and cities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+2.0% YoY
Annual Giving
$1.1M
-23.2% YoY
Grant Count
24
-36.8% YoY
Avg Grant Size
$44K
+21.6% YoY
Under IRS private-foundation payout rules, Walton Rick & Kathy Charitable Tr Fdn reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas for its funding, indicating a broad philanthropic focus. However, recent grantmaking activity demonstrates support for Education, Human Services, and Health Care initiatives.
Grantmaking
Grant Range
s & Activity:**
Ready to take the next step with Walton Rick & Kathy Charitable Tr Fdn?
Geographic Focus
Where this funder awards grants
The foundation supports a wide range of U.S. cities and states, including:
- Major cities: New York, Dallas, and San Antonio
- States: Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Maryland, Nebraska, New York, Ohio, Texas, and Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $2,233,875
- Total giving: $1,385,000
- Total revenue: $588,336
- Total expenses: $1,426,104
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,277,672 | $2,233,875 | $3,041,254 |
| Revenue | $1,653,878 | $588,336 | $1,539,768 |
| Expenses | $1,108,173 | $1,426,104 | $959,279 |
| Qualifying Distributions | $1,069,715 | $1,391,392 | $905,245 |
| Net Investment Income | $415,655 | $553,624 | $147,917 |
| Distributable Amount | $136,057 | $185,129 | $127,030 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Tee of Greater Houston ($60,000), Pets for the Elderly Foundation ($60,000), Houston Spca ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MEALS ON WHEELS MONTGOMERY COUNTY CONROE, TX | GENERAL OPERATING | $30,000 |
| LUKE'S WINGS WASHINGTON, DC | PROVIDES EMERGENCY TRAVEL | $30,000 |
| FIRST TEE OF GREATER HOUSTON HOUSTON, TX | EMPOWER KIDS AND TEENS THRU | $60,000 |
| PETS FOR THE ELDERLY FOUNDATION SAN TAN ALLEY, AZ | PROVIDES COMPANIONSHIP TO | $60,000 |
| STUFF THE SLEIGH KATY, TX | BENEFIT PEDIATRIC CANCER | $24,000 |
| HOUSTON PETS ALIVE HOUSTON, TX | GENERAL OPERATING | $30,000 |
| HOMES FOR OUR TROOPS TAUNTON, MA | BUILD & DONATE SPECIALLY | $30,000 |
| HOUSTON SPCA HOUSTON, TX | GENERAL SUPPORT | $60,000 |
| INTERFAITH MINISTRIES (MEAL ON WHEELS) HOUSTON, TX | MEAL ON WHEELS | $50,000 |
| THE 100 CLUB HOUSTON, TX | SUPPORT SERVICE ANIMALS | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by multiple co-trustees, including:
- Cecilia K Walton
- Richard C Walton
Trustees do not receive compensation for their roles, with the exception of Charles Schwab Trust Co of Delaware, which is compensated as the directed trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CECILIA K WALTON AKA KATHLEEN D | CO-TRUSTEE | — | — |
| RICHARD C WALTON | CO-TRUSTEE | — | — |
| KENNETH L RICHMOND | CO-TRUSTEE | — | — |
| MICHAEL BOOKER | CO-TRUSTEE | — | — |
| BRYAN D ZSCHIESCHE | CO-TRUSTEE | — | — |
| STEPHEN A MENDEL | CO-TRUSTEE | — | — |
| CHARLES SCHWAB TRUST CO OF DELAWARE | DIRECTED TRUSTEE | 40 | $11,429 |
Frequently Asked Questions
What does Walton Rick & Kathy Charitable Tr Fdn fund?
The foundation does not specify particular subject areas for its funding, indicating a broad philanthropic focus. However, recent grantmaking activity demonstrates support for Education, Human Services, and Health Care initiatives.
How do I apply for a grant from Walton Rick & Kathy Charitable Tr Fdn?
**Grant Sizes & Activity:** • Typical grant awards range from $20,000 to $100,000 • Total giving in 2023: $1,385,000 • The foundation made 27 grants in 2023, totaling $1,385,000 **Recent Grants (2023):** • Montgomery County Womens Center: $100,000 (Safe Shelter provision) • Amazing Place: $60,000 (Empower Lives Disrupted By) • Fort Bend County Women's Center SOS/Shelter-Outreach-Solutions: $50,000 (Domestic Services)
Where does Walton Rick & Kathy Charitable Tr Fdn make grants?
The foundation supports a wide range of U.S. cities and states, including: • Major cities: New York, Dallas, and San Antonio • States: Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Maryland, Nebraska, New York, Ohio, Texas, and Virginia
What size grants does Walton Rick & Kathy Charitable Tr Fdn award?
In 2024, Walton Rick & Kathy Charitable Tr Fdn awarded 24 grants totaling $1.1M — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Walton Rick & Kathy Charitable Tr Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walton Rick & Kathy Charitable Tr Fdn reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walton Rick & Kathy Charitable Tr Fdn's EIN?
Walton Rick & Kathy Charitable Tr Fdn's EIN (Employer Identification Number) is 83-6559486. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Walton Rick & Kathy Charitable Tr Fdn's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Walton Rick & Kathy Charitable Tr Fdn on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Walton Rick & Kathy Charitable Tr Fdn to a real strategy.