Alice L. Walton Foundation

Private foundation · EIN 82-3700633 · since 2019alicelwaltonfoundation.org·Arkansas, United States·Updated 13 October 2026

At a glance

$47.1M

Annual giving, 2024 tax year

From the Form 990-PF filing

$15,000 to $1.1M

Grant range

From grants in the 990-PF filings

$50,000

Typical grant (median)

95 grants in the latest filing

Invitation only

Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

The Alice L. Walton Foundation funds arts and culture, education, economic opportunity, community strengthening, and health and wellness, with a stated priority for Northwest Arkansas as well as the country more broadly, so check that your work sits within these themes and this geographic focus before approaching.
It does not accept unsolicited requests and operates by invitation only, so there is no open application route; organisations that would otherwise submit a cold proposal should not do so.
Most grants are modest: about eight in ten of its 257 grants to organisations fall between $15,000 and $1,150,000, and the median grant is about $60,500, so a modest request in that range is realistic, though it has made at least one far larger grant, $50,000,000, to an organisation that itself regrants to others.
The foundation looks relationship-led rather than open to newcomers: 62% of its grant dollars went to organisations it had also funded in the previous two filings, so prior contact or an existing relationship matters more than a first-time pitch.
Its overall giving has fallen year on year, so it is worth bearing in mind that funds available may be more limited than in the past.

Overview

Alice L. Walton Foundation is a US private foundation based in Bentonville, AR.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The Alice L. Walton Foundation is committed to increasing access to the arts, improving education, enhancing health and advancing economic opportunity for all. It seeks meaningful, lasting change for individuals and communities most in need. In arts and culture, it supports more diverse art, artists, institutions and leaders, and seeks to make arts programming more accessible, particularly in schools, universities and museums. Its education work includes access to a great education, a strong pipeline of high-quality, diverse educators, equitable facilities for public charter schools and better integration of arts education into K-12 and higher education. In health and wellness, it focuses on access to coordinated and specialty services, particularly for underserved communities, and integrating holistic health into existing care. It also supports organisations that strengthen local communities, including Northwest Arkansas.

Themes

Arts and culture
Education
Economic opportunity
Community strengthening
Health and wellness

Geographic Focus

Priority: Northwest Arkansas; the country.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

Repeat giving: In its TY2024 filing, 62% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 257 grants to organisations were about $60,500 or less.

What the foundation says:

For education, it focuses on developing a strong pipeline of high-quality, diverse educators, equitable access to excellent public-charter-school facilities and better integration of arts education into K-12 and higher education.
For health, it focuses on expanding access to coordinated and specialty services, particularly for underserved communities, and integrating holistic health concepts and services into existing care.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Arkansas45%

New York25%

California13%

District of Columbia6%

Georgia5%

Connecticut2%

6 other states: 3%

The largest single recipient received 21% of grant dollars to organisations.
In tax year 2024, 62% of grant dollars went to organisations Alice L. Walton Foundation had funded in earlier filings.
No grants were paid directly to organisations outside the US.
26% of grant dollars went to intermediaries that regrant to other organisations.

Grants

95 grants in the latest filing analysed · median $50,000

How much do they typically give?

Share of 95 grants in tax year 2024 by size

$2.5k–$5k1%

$5k–$10k3%

$10k–$25k16%

$25k–$50k18%

$50k–$100k21%

$100k–$250k20%

$250k–$500k7%

$500k–$1M4%

$1M and over9%

Median $50,000 (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

Camp War Eagle · To support general operations
$12,037,0702024 tax year
Catalyst Church NWA · to support the building of a new sanctuary for Catalyst Church NWA
$7,200,0002024 tax year
Walton Family Foundation · To support costs associated with the NWA Land Bank project acquisitions under which Grantee acquires property for planned donation to charities or governmental units for public purposes.
$5,197,8462024 tax year
Yale University · to support the Edward P Bass School of Architecture
$5,000,0002024 tax year
City of Bentonville · To Prepare and coordinate a comprehensive water, sewer, and wastewater capital improvement plan (CIP) to address extremely rapid growth with multiple, substantial and noteworthy developments.
$3,000,0002024 tax year
Morehouse School of Medicine · to create 2 endowments - the 'President's Innovation Fund the 'Presidential Endowment Scholarship Fund'
$2,250,0002024 tax year
Spelman College · to support the Atlanta University Center
$1,438,2422024 tax year
Bill, Hillary and Chelsea Clinton Foundation · to provide funding to help Grantee establish and approximately $250 million Clinton Foundation Endowment
$1,000,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

August Martin — Treasurer (From 3/5/24), Secretary (From 7/10/24)
Reuben Mcdaniel — Managing Director
Alice Walton — Director, President

From the latest Form 990-PF filing

3 years of tax filings

Year	Total expenses	Grants paid	Assets	Filing document
2022 tax year	$120,485,123	$95,240,771	$3,647,545,341	Filing for 2022 tax year
2023 tax year	$128,346,451	$94,958,378	$4,399,184,837	Filing for 2023 tax year
2024 tax year	$79,352,707	$47,146,944	$5,271,022,806	Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.