Nonprofit · EIN 13-3441466
WALTON FAMILY FOUNDATION INC
Tax-exempt · BENTONVILLE, AR 72712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,146,415,772 | $716,580,611 | $429,835,161 | $6,143,971,109 | $0 | $6,143,971,109 |
| December 31, 2023 | 990-PF | $872,237,914 | $801,215,799 | $71,022,115 | $5,714,135,948 | $0 | $5,714,135,948 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $558,013,782
- Dividends
- $178,633,132
- Net gain from sales of assets
- $388,113,728
- Other income
- $21,655,130
Expenses
- Grants and similar amounts paid
- $562,330,265
- Compensation of officers, directors and key employees
- $1,228,771
- Salaries, compensation and benefits (total)
- $19,308,214
- Disbursements for charitable purposes
- $603,519,475
- Excise tax on investment income
- $7,804,108
Balance sheet and other
- Total assets, start of year
- $5,714,135,948
- Total assets, end of year
- $6,143,971,109
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,143,971,109
- Fair market value of assets
- $8,646,248,583
- Qualifying distributions
- $650,720,929
- Net investment income
- $624,968,265
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephanie Cornell PO Box 1860, Bentonville, AR 72712 | Executive Director | 40 | $782,636 | $22,336 |
| Romy Drucker PO Box 1860, Bentonville, AR 72712 | Education Director Highest-paid employee | 40 | $484,508 | $26,952 |
| Moira McDonald PO Box 1860, Bentonville, AR 72712 | Environment Director Highest-paid employee | 39 | $453,475 | $17,398 |
| Christie Yang PO Box 1860, Bentonville, AR 72712 | Secretary, General Counsel | 37 | $446,135 | $16,613 |
| Matthew Carr PO Box 1860, Bentonville, AR 72712 | SLED Director Highest-paid employee | 40 | $403,925 | $26,714 |
| Naccaman Williams PO Box 1860, Bentonville, AR 72712 | Special Proj. Dir. Highest-paid employee | 37 | $388,481 | $22,393 |
| Robert Burns PO Box 1860, Bentonville, AR 72712 | Home Region Director Highest-paid employee | 40 | $360,120 | $21,397 |
| CARRIE W PENNER PO Box 1860, Bentonville, AR 72712 | Director | 4 | $0 | $0 |
| BRAD SIKORSKI PO Box 1860, Bentonville, AR 72712 | Treasurer | 0.5 | $0 | $0 |
| Alice Anne Proietti PO Box 1860, Bentonville, AR 72712 | Director | 5 | $0 | $0 |
| Lukas T Walton PO Box 1860, Bentonville, AR 72712 | Director | 4 | $0 | $0 |
| Thomas L Walton PO Box 1860, Bentonville, AR 72712 | Director | 4 | $0 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Caryl Stern PO Box 1860, Bentonville, AR 72712 | Executive Director (Until 6/02/23) | 40 | $1,303,952 | $18,636 |
| Romy Drucker PO Box 1860, Bentonville, AR 72712 | Education Director Highest-paid employee | 40 | $456,683 | $24,937 |
| MOIRA MCDONALD PO Box 1860, Bentonville, AR 72712 | ENVIRONMENT DIRECTOR Highest-paid employee | 38 | $446,540 | $14,733 |
| CHELSEA PETERS PO Box 1860, Bentonville, AR 72712 | DEPUTY EXEC. STRAT. Highest-paid employee | 40 | $445,557 | $12,598 |
| Stephanie Cornell PO Box 1860, Bentonville, AR 72712 | Executive Director (As of 7/31/23) | 40 | $445,019 | $15,006 |
| Christie Yang PO Box 1860, Bentonville, AR 72712 | Secretary, General Counsel | 37 | $441,077 | $16,039 |
| ROBERT SMITH PO Box 1860, Bentonville, AR 72712 | Director Accounting Highest-paid employee | 34 | $426,235 | $24,591 |
| Naccaman Williams PO Box 1860, Bentonville, AR 72712 | Special Proj. Dir. Highest-paid employee | 36 | $396,767 | $23,826 |
| BRAD SIKORSKI PO Box 1860, Bentonville, AR 72712 | Treasurer | 0.5 | $0 | $0 |
| Alice Anne Proietti PO Box 1860, Bentonville, AR 72712 | DIRECTOR | 5 | $0 | $0 |
| CARRIE W PENNER PO Box 1860, Bentonville, AR 72712 | DIRECTOR | 4 | $0 | $0 |
| LUKAS T WALTON PO Box 1860, Bentonville, AR 72712 | DIRECTOR | 4 | $0 | $0 |
| THOMAS WALTON PO Box 1860, Bentonville, AR 72712 | DIRECTOR | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1860, BENTONVILLE, AR 72712-1860
- In care of
- % CRAVATH SWAINE AND MOORE
- Signed the 990-PF
- STEPHANIE CORNELL, EXECUTIVE DIRECTOR
- Phone
- (479) 464-1570
- Return prepared by
- WALTON ENTERPRISES LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-3441466
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $6,143,971,109
- Income (IRS master file)
- $1,663,125,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,146,415,772 | $716,580,611 | $6,143,971,109 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $872,237,914 | $801,215,799 | $5,714,135,948 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3441466).
Questions about WALTON FAMILY FOUNDATION INC
- What is the EIN of WALTON FAMILY FOUNDATION INC?
- The employer identification number (EIN) of WALTON FAMILY FOUNDATION INC is 13-3441466.
- Is WALTON FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to WALTON FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALTON FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALTON FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALTON FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WALTON FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 12 people; 7 received compensation from the organization, the highest $782,636 (Stephanie Cornell, Executive Director).
- How much revenue does WALTON FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,146,415,772, expenses of $716,580,611 and total assets of $6,143,971,109 at year end.
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All nonprofits in BENTONVILLE · Arkansas · Philanthropy, voluntarism and grantmaking foundations