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Walton Family Foundation
Walton Family Foundation | |
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Basic facts | |
Location: | Bentonville, Arkansas |
Type: | 501(c)(3) |
Top official: | Stephanie Cornell, executive director |
Founder(s): | Sam and Helen Walton |
Year founded: | 1988 |
Website: | Official website |
Walton Family Foundation is a 501(c)(3) philanthropic group that focuses on education, conservation and other issues.
Background
The Walton Family Foundation was founded by Sam and Helen Walton, the co-founders of Walmart, in 1988.[1] The foundation's mission statement as of July 2025 said their goal is to tackle "tough social and environmental problems with urgency and a long-term approach to create access to opportunity for people and communities."[2]
Leadership
As of July 22, 2025, the following individuals held leadership positions at the Walton Family Foundation:[3]
- Stephanie Cornell, executive director
- Romy Drucker, education program director
- Moira Mcdonald, environmental program director
- 'Robert Burns, home region program director
Work and activities
The foundation's work focuses on three areas: "strengthening the connections between education and lifelong opportunity, protecting rivers, oceans and the communities they support and advancing our home region of Northwest Arkansas and the Arkansas-Mississippi Delta.[2] In 2024, the organization awarded $548.8 million in grants.[4]
Legislative and policy work
Financial support of education initiatives
One of the foundation's core areas of focus is education.[2] Between 2000 and 2014, the Walton Family Foundation awarded over $1 billion to support charter schools, The New York Times reported, and in 2025 the foundation expanded a program investing in charter schools.[5][6] It has financially supported a range of education initiatives, including education research, programs that help students gain work experience and a fund "to embrace and advance Black leadership in the education sector."[7] [8][9] The New York Times called the Walton Family Foundation "one of the largest private contributors to education in the country."[5]
Notable endorsements
This section displays endorsements this organization made in elections within Ballotpedia's coverage scope. Know of one we missed? Click here to let us know.
Finances
The following is a breakdown of the Walton Family Foundation's revenues and expenses for the 2020 to 2023 fiscal years, according to documents submitted to the Internal Revenue Service.
Annual revenue and expenses for the Walton Family Foundation, 2020-2023 | ||
---|---|---|
Tax Year | Total Revenue | Total Expenses |
2023[10] | $872,237,914 | $801,215,799 |
2022[11] | $796,378,256 | $692,126,736 |
2021[12] | $1,484,598,263 | $789,890,392 |
2020[13] | $1,564,947,585 | $840,211,573 |
Recent news
This section links to a Google news search for the term "Walton + Family + Foundation"
See also
External links
Footnotes
- ↑ Walton Family Foundation , "Our History," accessed July 25, 2025
- ↑ 2.0 2.1 2.2 Walton Family Foundation , "About Us," accessed July 25, 2025
- ↑ Walton Family Foundation , "Staff," accessed July 25, 2025
- ↑ Walton Family Foundation , "Reports & Financials," accessed July 25, 2025
- ↑ 5.0 5.1 The New York Times , "A Walmart Fortune Spreading Charter Schools," April 25, 2014
- ↑ Walton Family Foundation , "More Capital, More Classrooms: $100 Million Fund Expansion Boosts Charter School Access," May 27, 2025
- ↑ Walton Family Foundation , "Research and Evaluation," accessed July 25, 2025
- ↑ Walton Family Foundation , "Walton Family Foundation to Support Career-Connected Learning for Thriving Young People," November 4, 2021
- ↑ Candid , "Walton Family Foundation awards $15 million to 1954 Project," April 29, 2021
- ↑ Internal Revenue Service , "Walton Family Foundation 990-PF," accessed July 25, 2025
- ↑ Internal Revenue Service , "Walton Family Foundation 990-PF," accessed July 25, 2025
- ↑ Internal Revenue Service , "Walton Family Foundation 990-PF," accessed July 25, 2025
- ↑ Internal Revenue Service , "Walton Family Foundation 990-PF," accessed July 25, 2025