The Arkansas State Capitol

Form 990-PFTax year 2024EIN 82-3575662

Town Branch Foundation

A private foundation in Bentonville, AR. Its return for tax year 2024 lists 63 grants and $30 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $29,982,571

    Grants listed
    63
    Assets, end of year
    $499,998,797
  • Tax year 2023

    $37,811,935

    Grants listed
    55
    Assets, end of year
    $470,582,767
  • Tax year 2022

    $21,305,284

    Grants listed
    31
    Assets, end of year
    $487,284,507
  • Tax year 2021

    $26,638,725

    Grants listed
    27
    Assets, end of year
    $511,930,269
  • Tax year 2020

    $14,142,040

    Grants listed
    21
    Assets, end of year
    $502,655,122
  • Tax year 2019

    $12,015,525

    Grants listed
    19
    Assets, end of year
    $503,270,074
  • Tax year 2018

    $7,060,000

    Grants listed
    8
    Assets, end of year
    $478,604,136

Grants paid in 2024

63 grants, largest first

As listed on the return.

  1. The Peel Compton FoundationBentonville, AR

    To support general operations

    $3,854,715
  2. The Peel Compton FoundationBentonville, AR

    to support the construction costs associated with the Compton House expansion

    $2,572,229
  3. City of BentonvilleBentonville, AR

    to support the construction of the Bentonville Adult Recreation Center and for the Center Manager's salary

    $2,000,000
  4. Heartland Forward IncBentonville, AR

    To support general operations

    $1,661,880
  5. Tulsa Community FoundationTulsa, OK

    to support the 918 Fund, a program focusing on the creation of 15,000 quality school seats in the next 10 years

    $1,440,000
  6. TNTP IncNew York, NY

    to support improved teacher practice and early literacy through high-touch teacher coaching in Phelps County, Missouri, as a pilot program for the Missouri Department of Elementary and Secondary Education to consider for expansion in other districts

    $1,320,148
  7. Oklahoma Public School Resource Center IncOklahoma City, OK

    to support Fuel OKC

    $1,000,030
  8. Arkansas Public School Resource Center IncLittle Rock, AR

    To provide literacy specialists and coaches to implement literacy support for charter schools and serve as a self-sustaining unit for school interventions

    $849,000
  9. University of Arkansas Foundation IncFayetteville, AR

    to support Grantee's Accelerate Student Achievement Program designed to support academic achievement, college completion, and post-graduation success among first-generation and Pell Grant-eligible students from the Arkansas Delta region

    $833,333
  10. The Peel Compton FoundationBentonville, AR

    to support the costs associated with trail and property clean-up recovery efforts

    $750,000
  11. Walton Family Foundation IncBentonville, AR

    To support costs associated with the nwa land bank fund acquisitions.

    $733,012
  12. Arkansas Public School Resource Center IncLittle Rock, AR

    to establish a central kitchen for charter schools to provide cost-effective meal options to students

    $702,500
  13. Phalen Leadership Academies Indiana IncQuincy, MA

    to provide financial support to Hogan Preparatory Academy to hire up to eight academic support staff to be deployed at all three campuses in Kansas City

    $695,000
  14. University of Arkansas Foundation IncFayetteville, AR

    to support the implementation and evaluation of the BehaviorHelp program

    $623,324
  15. Oklahoma Public School Resource Center IncOklahoma City, OK

    to provide support to launch a statewide Registered Apprenticeship Program

    $620,500
  16. Walton Family Foundation IncBentonville, AR

    To support costs associated with the nwa land bank fund acquisitions.

    $616,274
  17. Dove SchoolsWarr Acres, OK

    Dove Schools of Tulsa Expansion

    $600,000
  18. Bentonville Bella Vista Trailblazer's Association IncBentonville, AR

    To support construction costs of a concrete trail connecting WOKA Whitewater Park to Siloam Springs

    $586,297
  19. City of BentonvilleBentonville, AR

    to complete design work for a new Adult Recreation Center for the City of Bentonville

    $570,120
  20. Dove SchoolsWarr Acres, OK

    Dove Schools North OKC Expansion

    $550,000
  21. Dove SchoolsWarr Acres, OK

    Dove Schools South OKC Expansion

    $550,000
  22. Arkansas Public School Resource Center IncLittle Rock, AR

    to create a Charter Impact Team that will provide targeted support to struggling charter schools

    $518,071
  23. Arkansas Public School Resource Center IncLittle Rock, AR

    To support general operations

    $500,000
  24. Bentonville Bella Vista Trailblazer's Association IncBentonville, AR

    to support construction costs of soft surface trails located in Northwest Arkansas and Eastern Oklahoma near the WOKA whitewater park located on the Illinois River

    $500,000
  25. Proud To Partner Leadership Academy IncOklahoma City, OK

    Proud To Partner Leadership Academy - Startup

    $500,000
  26. Show Me KC SchoolsKansas City, MO

    To design, support, and implement a common application system for [charter] schools in the St. Louis City boundaries

    $488,200
  27. The Peel Compton FoundationBentonville, AR

    to support costs associated with Coler Mountain Bike Park trail improvements

    $442,736
  28. Harding Independence Charter District IncOklahoma City, OK

    Harding Independence Charter District Elementary Expansion

    $397,500
  29. Advance Rural Education FoundationSeminole, OK

    The Academy of Okmulgee expansion

    $330,000
  30. The Peel Compton FoundationBentonville, AR

    to support costs associated with the completion of the construction design services

    $330,000
  31. University of Arkansas Foundation IncFayetteville, AR

    to support the implementation and evaluation of the Fostering Informed and Responsive Systems for Trauma: Early Care and Education program

    $252,477
  32. Oklahoma Montessori InitiativeOklahoma City, OK

    Oklahoma Montessori Initiative Start-up

    $250,000
  33. RISE STEAM AcademyOklahoma City, OK

    RISE STEAM Academy Start-up

    $250,000
  34. Under the Canopy IncTulsa, OK

    Under the Canopy School Start-up

    $250,000
  35. Arkansas State University System Foundation IncState Univ, AR

    to support the implementation and evaluation of the BehaviorHelp program

    $197,085
  36. The Peel Compton FoundationBentonville, AR

    to support the costs associated with property clean-up recovery efforts for the Compton Gardens property

    $190,000
  37. Oklahoma Public School Resource Center IncOklahoma City, OK

    to support the Grantee's Growing Strong Leaders Cohort

    $172,000
  38. Arkansas State University System Foundation IncState Univ, AR

    to support the implementation and evaluation of the Fostering Informed and Responsive Systems for Trauma: Early Care and Education program

    $161,040
  39. American Enterprise Institute for Public Policy ResearchWashington, DC

    To support general operations

    $150,000
  40. Oklahoma Public School Resource Center IncOklahoma City, OK

    to implement a two-year pilot program that will assist teachers in developing and enhancing high-quality lesson plans through the introduction of Khanmingo

    $140,000
  41. Walton Family Foundation IncBentonville, AR

    To support costs associated with the nwa land bank fund acquisitions.

    $134,028
  42. Social & Environmental Entrepreneurs IncCalabasas, CA

    To serve as fiscal sponsor for Opportunities Exchange to pilot a business coaching program with early childhood providers aimed at streamlining costs to improve the quality and accessibility of early childhood education in Arkansas

    $116,720
  43. Northwest Arkansas Community College Foundation IncBentonville, AR

    to pilot a new pathway for high school students interested in becoming early childhood educators

    $98,365
  44. Bentonville Bella Vista Trailblazer's Association IncBentonville, AR

    to support the tunnel straightening and new parking lot on NW A Street for Slaughter Pen

    $88,000
  45. Watershed Conservation Resource CenterFayetteville, AR

    to construct stream flow improvements and riparian restoration in the vicinity of the NW A Street low-water crossing

    $77,121
  46. State of Oklahoma Office of Educational Quality and AccountabilityOklahoma City, OK

    to support the costs associated with the Harvard Strategic Data Fellow

    $49,500
  47. Bentonville Bella Vista Trailblazer's Association IncBentonville, AR

    to support the engineering design costs of the tunnel to reroute the Greenway trail under Hwy 102 near P Street

    $46,366
  48. Cookson Hills Christian School IncKansas, OK

    To support general operations

    $40,000
  49. Institute for Humane StudiesArlington, VA

    To support general operations

    $40,000
  50. Bentonville Bella Vista Trailblazer's Association IncBentonville, AR

    to provide support to maintain the Oklahoma paved trails, the property, and the house located near the WOKA trail

    $35,000
  51. Centers for Youth and Families IncLittle Rock, AR

    to support the residential children's treatment program providing psychiatric help and educational services

    $15,500
  52. ExoduslifeLittle Rock, AR

    to support educational and training programs to restore previously incarcerated men and women to their families and communities

    $12,000
  53. Cato InstituteWashington, DC

    To support general operations

    $10,000
  54. Heritage FoundationWashington, DC

    To support general operations

    $10,000
  55. Stanford UniversityStanford, CA

    to support K-12 education reform through the Hoover Institution

    $10,000
  56. Boys & Girls Club of Denison IncDenison, TX

    for program scholarships to help with disadvantaged youth in need

    $7,500
  57. City of ShermanSherman, TX

    to find new homes for stray animals and expenses related to the program

    $7,500
  58. Habitat for Humanity of Grayson CountySherman, TX

    to build homes for families in need

    $7,500
  59. Home Hospice of Grayson CountySherman, TX

    to provide medical care for terminally ill, bereavement counseling, and social workers

    $7,500
  60. Texoma Family Shelter IncDenison, TX

    to support homeless families by providing shelter and food

    $7,500
  61. Arkansas Childrens FoundationLittle Rock, AR

    to support the vehicular heat stroke prevention campaign

    $5,000
  62. Humane Society of Pulaski CountyLittle Rock, AR

    to rescue, rehabilitate, provide veterinary care, spay/neuter, and find loving homes for Central Arkansas dogs and cats in need

    $5,000
  63. Texas A&M University-KingsvilleKingsville, TX

    to support the general operations of the Grantee's Caesar Kleberg Wildlife Research Institute

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education20 grants $9,406,04364% of the total
  2. Philanthropy and grantmaking5 grants $3,253,31422% of the total
  3. Community development1 grant $1,661,88011% of the total
  4. Environment2 grants $193,8411% of the total
  5. Social science1 grant $150,0001% of the total
  6. Human services2 grants $47,500<1% of the total
  7. 5 other causes6 grants $49,500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Arkansas32 grants $19,960,473
  2. Oklahoma16 grants $7,139,530
  3. New York1 grant $1,320,148
  4. Massachusetts1 grant $695,000
  5. Missouri1 grant $488,200
  6. District of Columbia3 grants $170,000
  7. California2 grants $126,720
  8. Texas6 grants $42,500
  9. Virginia1 grant $40,000

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jim C WaltonDIRECTOR, CO-PRESIDENT Hours 1Pay $0
  • Buddy D PhilpotSECRETARY (UNTIL 09/30/24) Hours 31Pay $677,212
  • Marc HolleyVICE PRESIDENT (AS OF 09/30/24), EXECUTIVE DIRECTOR Hours 30Pay $308,792
  • Luke MitchellTREASURER Hours 0.5Pay $0
  • Lynne WaltonDIRECTOR, Vice President (Until 09/30/24), Co-President (As of 09/30/24) Hours 1Pay $0
  • Jeff DeanSECRETARY (FROM 09/30/24) Hours 0.5Pay $0

The return

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