NFP500

#389 of 500 · Foundation / Grantmaker / DAF

Alice L Walton Foundation

EIN 82-3700633 · AR · NTEE T22 · Form 990-PF, fiscal 2023

A private philanthropic foundation based in Bentonville, Arkansas, founded in 2017 by Walmart heiress and philanthropist Alice L. Walton. It makes grants across four focus areas: arts and culture, education, health, and economic opportunity, with an emphasis on increasing access and creating lasting change for individuals and communities in need. Its initiatives include support for arts institutions, educator development, K-12 and higher education, and health and wellness efforts, particularly in the Arkansas region.

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Financials, fiscal 2023

Revenue
$398.1M
Expenses
$128.3M
Total assets
$4.05B
Net assets
$4.05B
Operating margin
67.8%
1-year growth
16.8%
5-year growth (CAGR)
16.4%
Reserve (years of spending)
378.3
Contributions share
40.4%
Programme spending
n/a
Fundraising cost
n/a
Executive pay share
0.48%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
4

NFP Health Score: 81 / 100

Financial 75 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Alice L. Walton Foundation is committed to increasing access to the arts, improving education, enhancing health, and advancing economic opportunity for all, striving to deliver meaningful and lasting change to individuals and communities most in need.

Revenue history

YearRevenue
2019$216.7M
2020$2.87B
2021$449.3M
2022$340.8M
2023$398.1M