Walton Family Foundation giving in 2016: $454.4 million | Arkansas Blog

Tuesday, May 23, 2017

Walton Family Foundation giving in 2016: $454.4 million

Posted By on Tue, May 23, 2017 at 4:50 PM

click to enlarge screen_shot_2017-05-23_at_4.49.15_pm.png
The Walton Family Foundation made $454.4 million in grants last year, according to the 2016 annual report it released last week, showering $190.9 million on K-12 education — more than half on "high-quality schools" (charter schools) — alone. The largest single grant, $22.9 million, went to the Charter Fund Inc. (also supported by the Bill and Melinda Gates Foundation). Teach for America received $15 million.

The total was a significant jump from the foundation's 2015 giving of $373 million. Grants to projects in the "home region" (gifts to stimulate the economy in Arkansas) were up by more than $10 million, with a total of $48.6 million in 2016 compared to $35 million in 2015.

Northwest Arkansas received the bulk of the "home region" grants: $41.5 million. Another $6.5 went to the Delta region and $600,000 went to Arkansas education. The Bentonville Bella Vista Trailblazers Association Inc. got $10.8 million, which is why Northwest Arkansas is cyclist heaven. Crystal Bridges Museum of American Art also came away with $1.8 million and several NW Arkansas cities got big bucks, except Fayetteville, which got a measly $314,771, though the Walton Arts Center Council Inc. got nearly $2 million.

Grants of $1 million or more in the "special projects" category went to such Arkansas institutions as Academics Plus Charter School Inc. in Maumelle ($1 million), Arkansas Children's Hospital Foundation ($3 million), Benton County ($2.4 million), Camp War Eagle (nearly $6 million), the Economics Arkansas Foundation ($2 million), e-STEM Public Charter Schools Inc. (nearly $5 million), the University of Arkansas ($2.2 million), the University of Arkansas Foundation ($1.7 million), and the University of the Ozarks ($10 million).

Here's a factoid for the Hillary haters: The Walton family also gave $1,020,000 to the Bill, Hillary and Chelsea Clinton Foundation. "Special project" grants totaled $131.7 million.

The annual report, which did not include the foundation's assets, also showed the foundation give a total of $83.2 million to environmental causes, including $13 million to the Environmental Defense Fund and $4.3 million to the Nature Conservancy.

Tags: ,


Favorite

Comments (8)

Showing 1-8 of 8

Add a comment

 
Subscribe to this thread:
Showing 1-8 of 8

Add a comment

More by Leslie Newell Peacock

Readers also liked…

  • Sabin's subterfuge in the race for mayor has roots in rigged city government

    The Arkansas Democrat-Gazette reports that an ethics complaint has been filed saying that the exploratory committee Rep. Warwick Sabin created to prepare for a run for Little Rock mayor was a subterfuge to avoid the city ordinance that doesn't allow campaign fundraising to begin until five months before the November 2018 election.Of course it is.
    • Aug 10, 2017
  • Use of solar on the rise in Arkansas

    With a pivotal ruling expected any day now from the Public Service Commission, Kyle Massey at Arkansas Business reports on the increase in Arkansans adding solar generation units on their homes and business.
    • Apr 13, 2018
  • Antwan Phillips wants to make a difference in reducing Little Rock violence

    KARK/Fox 16's push to do something about Little Rock violence includes a spotlight on people trying to make a difference — in this episode Antwan Phillips, a lawyer at Wright, Lindsey and Jennings.
    • Aug 30, 2017

Slideshows

Most Recent Comments

 

© 2019 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation