Nonprofit · EIN 52-1591823
JOHN M & SARA R WALTON FOUNDATION
Tax-exempt · CLINTON, MD 20735
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $138,351 | $196,014 | -$57,663 | $961,365 | $5,262 | $956,103 |
| December 31, 2023 | 990-PF | $121,607 | $153,874 | -$32,267 | $1,019,633 | $5,867 | $1,013,766 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $73,420
- Net rental income
- -$28,083
- Other income
- $2,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $38,878
- Disbursements for charitable purposes
- $88,710
Balance sheet and other
- Total assets, start of year
- $1,019,633
- Total assets, end of year
- $961,365
- Total liabilities, end of year
- $5,262
- Net assets, end of year
- $956,103
- Fair market value of assets
- $961,365
- Qualifying distributions
- $88,710
- Net investment income
- $64,931
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 |
|---|---|---|---|
| John M Walton Jr 7606 Woodyard Road, Clinton, MD 207351955 | President | 30 | $0 |
| W Dickerson Charlton 3108 Powder Mill Road, Hyattsville, MD 20783 | Secretary Treasurer | 3 | $0 |
| Julia Marie Walton 4880 Manley Street, San Diego, CA 921242517 | Director | 1 | $0 |
| Christopher Wagnon 801 Washington Avenue, La Plata, MD 20646 | Director | 3 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John M Walton Jr 7606 Woodyard Road, Clinton, MD 207351955 | President | 30 | $0 |
| W Dickerson Charlton 3108 Powder Mill Road, Hyattsville, MD 20783 | Secretary Treasurer | 3 | $0 |
| Julia Marie Walton 4880 Manley Street, San Diego, CA 921242517 | Director | 1 | $0 |
| Christopher Wagnon 801 Washington Avenue, La Plata, MD 20646 | Director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 7606 WOODYARD RD, CLINTON, MD 20735-1955
- In care of
- % JOHN M WALTON JR
- Signed the 990-PF
- JOHN M WALTON JR, PRESIDENT
- Phone
- (301) 868-4607
- Return prepared by
- Sharon R Jacob CPA
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
- 52-1591823
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $961,365
- Income (IRS master file)
- $138,351
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $138,351 | $196,014 | $961,365 | IRS |
| 990-PF | December 2023 | $121,607 | $153,874 | $1,019,633 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 52-1591823).
Questions about JOHN M & SARA R WALTON FOUNDATION
- What is the EIN of JOHN M & SARA R WALTON FOUNDATION?
- The employer identification number (EIN) of JOHN M & SARA R WALTON FOUNDATION is 52-1591823.
- Is JOHN M & SARA R WALTON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to JOHN M & SARA R WALTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does JOHN M & SARA R WALTON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOHN M & SARA R WALTON FOUNDATION 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 JOHN M & SARA R WALTON FOUNDATION 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 JOHN M & SARA R WALTON FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does JOHN M & SARA R WALTON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $138,351, expenses of $196,014 and total assets of $961,365 at year end.
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