Nonprofit · EIN 81-2645760
PAUL T WALTON JR CHARITABLE FOUNDATION
Tax-exempt · COTTONWD HTS, UT 84093
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $689,711 | $649,307 | $40,404 | $9,850,854 | $0 | $9,850,854 |
| December 31, 2024 | 990-PF | $613,588 | $570,274 | $43,314 | $9,814,094 | $0 | $9,814,094 |
| December 31, 2023 | 990-PF | $434,414 | $599,664 | -$165,250 | $9,781,080 | $0 | $9,781,080 |
| December 31, 2021 | 990-PF | $3,068,277 | $311,363 | $2,756,914 | $10,146,576 | $0 | $10,146,576 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $150,000
- Dividends
- $207,252
- Interest
- $27,361
- Net gain from sales of assets
- $305,098
Expenses
- Grants and similar amounts paid
- $538,500
- Compensation of officers, directors and key employees
- $7,068
- Salaries, compensation and benefits (total)
- $11,394
- Disbursements for charitable purposes
- $581,816
- Excise tax on investment income
- $6,564
Balance sheet and other
- Total assets, start of year
- $9,814,094
- Total assets, end of year
- $9,850,854
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,850,854
- Fair market value of assets
- $13,844,254
- Qualifying distributions
- $581,816
- Net investment income
- $539,711
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Dustin - Bank of Utah 50 South 200 East, Salt Lake City, UT 84111 | Trust Officer | 1 | $21,589 |
| Stuart B Matheson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Executive Director | 1 | $4,068 |
| Laurel Cannon Alder 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $2,000 |
| Jeremy Nielson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $1,000 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Dustin - Bank of Utah 50 South 200 East, Salt Lake City, UT 84111 | Trust Officer | 1 | $19,297 |
| Stuart B Matheson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Executive Director | 1 | $4,363 |
| Jeremy Nielson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $1,000 |
| Laurel Cannon Alder 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $1,000 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Dustin - Bank of Utah 50 South 200 East, Salt Lake City, UT 84111 | Trust Officer | 1 | $33,153 |
| Stuart B Matheson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Executive Director | 1 | $6,411 |
| Jeremy Nielson 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $1,000 |
| Laurel Cannon Alder 7722 S Keswick Rd, Cottonwood Heights, UT 84093 | Admin. Comm. Member | 0.25 | $1,000 |
990-PF for the year ended December 31, 2021: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STUART B MATHESON 7722 S KESWICK RD, COTTONWOOD HEIGHTS, UT 84093 | EXECUTIVE DI | 0 | $4,938 |
| NANCY L GREENLEE 7722 S KESWICK RD, COTTONWOOD HEIGHTS, UT 84093 | ADMIN. COMM. | 0 | $1,000 |
| JEREMY NIELSON 7722 S KESWICK RD, COTTONWOOD HEIGHTS, UT 84093 | ADMIN. COMM. | 0 | $1,000 |
| LAUREL CANNON ALDER 7722 S KESWICK RD, COTTONWOOD HEIGHTS, UT 84093 | ADMIN. COMM. | 0 | $1,000 |
| BANK OF UTAH RANDY HAHN TR OFFICER BANK OF UTAH 50 SOUTH 200 EAST, SALT LAKE CITY, UT 84111 | TRUST OFFICE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7722 S KESWICK RD, COTTONWD HTS, UT 84093-6259
- Signed the 990-PF
- Michael Dustin - Bank of Utah, Trust Officer
- Phone
- (801) 205-7681
- Return prepared by
- Squire & Company PC
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 | 990-PF 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
- 81-2645760
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $9,850,854
- Income (IRS master file)
- $1,098,537
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $689,711 | $649,307 | $9,850,854 | XML |
| 990-PF | December 2024 | $613,588 | $570,274 | $9,814,094 | XML |
| 990-PF | December 2023 | $434,414 | $599,664 | $9,781,080 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $3,068,277 | $311,363 | $10,146,576 | XML |
| 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 81-2645760).
Questions about PAUL T WALTON JR CHARITABLE FOUNDATION
- What is the EIN of PAUL T WALTON JR CHARITABLE FOUNDATION?
- The employer identification number (EIN) of PAUL T WALTON JR CHARITABLE FOUNDATION is 81-2645760.
- Is PAUL T WALTON JR CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PAUL T WALTON JR CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PAUL T WALTON JR CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PAUL T WALTON JR CHARITABLE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PAUL T WALTON JR CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PAUL T WALTON JR CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $21,589 (Michael Dustin - Bank of Utah, Trust Officer).
- How much revenue does PAUL T WALTON JR CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $689,711, expenses of $649,307 and total assets of $9,850,854 at year end.
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