Nonprofit · EIN 83-6559486
KATHY & RICK WALTON CHARITABLE TR FOUNDATION
Tax-exempt · WILMINGTON, DE 19808
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,527,138 | $2,188,566 | $1,338,572 | $2,280,567 | $0 | $2,280,567 |
| December 31, 2024 | 990-PF | $1,653,878 | $1,108,173 | $545,705 | $2,277,672 | $0 | $2,277,672 |
| December 31, 2023 | 990-PF | $588,336 | $1,426,104 | -$837,768 | $2,233,875 | $0 | $2,233,875 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,999,374
- Dividends
- $97,737
- Net gain from sales of assets
- $1,430,027
Expenses
- Grants and similar amounts paid
- $2,140,000
- Compensation of officers, directors and key employees
- $12,621
- Disbursements for charitable purposes
- $2,146,310
- Excise tax on investment income
- $20,726
Balance sheet and other
- Total assets, start of year
- $2,277,672
- Total assets, end of year
- $2,280,567
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,280,567
- Fair market value of assets
- $3,372,267
- Qualifying distributions
- $2,146,310
- Net investment income
- $1,526,857
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 |
|---|---|---|---|
| CHARLES SCHWAB TRUST CO OF DELAWARE 2711 CENTERVILLE RD, WILMINGTON, DE 19808 | DIRECTED TRUSTEE | 40 | $12,621 |
| CECILIA K WALTON AKA KATHLEEN D 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| RICHARD C WALTON 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| KENNETH L RICHMOND 24818 GREENOUGH DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| MICHAEL BOOKER 6020 GLEN COVE ST, HOUSTON, TX 77007 | CO-TRUSTEE | 0 | $0 |
| BRYAN D ZSCHIESCHE 4210 HAZEPOINT DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| STEPHEN A MENDEL 19419 KESSINGTON LANE, HOUSTON, TX 77094 | CO-TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES SCHWAB TRUST CO OF DELAWARE 4250 LANCASTER PIKE, WILMINGTON, DE 19805 | DIRECTED TRUSTEE | 40 | $11,429 |
| CECILIA K WALTON AKA KATHLEEN D 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| RICHARD C WALTON 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| KENNETH L RICHMOND 24818 GREENOUGH DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| MICHAEL BOOKER 6020 GLEN COVE ST, HOUSTON, TX 77007 | CO-TRUSTEE | 0 | $0 |
| BRYAN D ZSCHIESCHE 4210 HAZEPOINT DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| STEPHEN A MENDEL 19419 KESSINGTON LANE, HOUSTON, TX 77094 | CO-TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES SCHWAB TRUST CO OF DELAWARE 4250 LANCASTER PIKE, WILMINGTON, DE 19805 | DIRECTED TRUSTEE | 40 | $12,784 |
| CECILIA K WALTON AKA KATHLEEN D 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| RICHARD C WALTON 4211 MAPLE RAPIDS LANE, SPRING, TX 77386 | CO-TRUSTEE | 0 | $0 |
| KENNETH L RICHMOND 24818 GREENOUGH DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| MICHAEL BOOKER 6020 GLEN COVE ST, HOUSTON, TX 77007 | CO-TRUSTEE | 0 | $0 |
| BRYAN D ZSCHIESCHE 4210 HAZEPOINT DRIVE, KATY, TX 77494 | CO-TRUSTEE | 0 | $0 |
| STEPHEN A MENDEL 19419 KESSINGTON LANE, HOUSTON, TX 77094 | CO-TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2711 CENTERVILLE RD, WILMINGTON, DE 19808-1660
- Signed the 990-PF
- STEVEN ZANG, SR TX MANAGER
- Phone
- (800) 745-7721
- Return prepared by
- PWC US TAX LLP
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
- 83-6559486
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,280,567
- Income (IRS master file)
- $4,239,077
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,527,138 | $2,188,566 | $2,280,567 | IRS |
| 990-PF | December 2024 | $1,653,878 | $1,108,173 | $2,277,672 | IRS |
| 990-PF | December 2023 | $588,336 | $1,426,104 | $2,233,875 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 83-6559486).
Questions about KATHY & RICK WALTON CHARITABLE TR FOUNDATION
- What is the EIN of KATHY & RICK WALTON CHARITABLE TR FOUNDATION?
- The employer identification number (EIN) of KATHY & RICK WALTON CHARITABLE TR FOUNDATION is 83-6559486.
- Is KATHY & RICK WALTON CHARITABLE TR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KATHY & RICK WALTON CHARITABLE TR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KATHY & RICK WALTON CHARITABLE TR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KATHY & RICK WALTON CHARITABLE TR 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 KATHY & RICK WALTON CHARITABLE TR 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 KATHY & RICK WALTON CHARITABLE TR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $12,621 (CHARLES SCHWAB TRUST CO OF DELAWARE, DIRECTED TRUSTEE).
- How much revenue does KATHY & RICK WALTON CHARITABLE TR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,527,138, expenses of $2,188,566 and total assets of $2,280,567 at year end.
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