Nonprofit · EIN 82-3700845
ARVEST FOUNDATION
Tax-exempt · BENTONVILLE, AR 72712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,217,210 | $4,616,319 | -$3,399,109 | $21,003,898 | $0 | $21,003,898 |
| December 31, 2023 | 990-PF | $643,255 | $4,888,280 | -$4,245,025 | $24,403,007 | $0 | $24,403,007 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $792,427
- Net gain from sales of assets
- $424,783
Expenses
- Grants and similar amounts paid
- $4,305,000
- Disbursements for charitable purposes
- $4,521,353
- Excise tax on investment income
- $15,599
Balance sheet and other
- Total assets, start of year
- $24,403,007
- Total assets, end of year
- $21,003,898
- Total liabilities, end of year
- $0
- Net assets, end of year
- $21,003,898
- Fair market value of assets
- $26,054,617
- Qualifying distributions
- $4,521,353
- Net investment income
- $1,217,210
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM C WALTON PO BOX 1860, BENTONVILLE, AR 72712 | PRESIDENT, DIRECTOR | 1 | $0 |
| BUDDY D PHILPOT PO BOX 1860, BENTONVILLE, AR 72712 | DIRECTOR | 1 | $0 |
| JASON KINCY PO BOX 1860, BENTONVILLE, AR 72712 | DIRECTOR | 1 | $0 |
| MARC HOLLEY PO BOX 1860, BENTONVILLE, AR 72712 | VICE PRESIDENT | 1 | $0 |
| LUKE MITCHELL PO BOX 1860, BENTONVILLE, AR 72712 | TREASURER | 1 | $0 |
| NACCAMAN WILLIAMS PO BOX 1860, BENTONVILLE, AR 72712 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM C WALTON PO BOX 1860, BENTONVILLE, AR 727121860 | PRESIDENT, DIRECTOR | 1 | $0 |
| BUDDY D PHILPOT PO BOX 1860, BENTONVILLE, AR 727121860 | DIRECTOR, VICE PRESIDENT (UNTIL 12/21/23) | 1 | $0 |
| JASON KINCY PO BOX 1860, BENTONVILLE, AR 727121860 | DIRECTOR | 1 | $0 |
| NACCAMAN G WILLIAMS PO BOX 1860, BENTONVILLE, AR 727121860 | SECRETARY | 1 | $0 |
| ROBERT A SMITH PO BOX 1860, BENTONVILLE, AR 727121860 | TREASURER (UNITL 12/21/23) | 1 | $0 |
| KARLA PAYNE PO BOX 1860, BENTONVILLE, AR 727121860 | ASSISTANT SECRETARY | 0.5 | $0 |
| RICHARD CHAPMAN PO BOX 1860, BENTONVILLE, AR 727121860 | ASSISTANT TREASURER (UNTIL 1/23/23) | 0.5 | $0 |
| MARC HOLLEY PO BOX 1860, BENTONVILLE, AR 727121860 | VICE PRESIDENT (FROM 12/21/23) | 1 | $0 |
| ERRON SMITH PO BOX 1860, BENTONVILLE, AR 727121860 | ASSISTANT TREASURER (FROM 1/23/23) | 0.5 | $0 |
| LUKE MITCHELL PO BOX 1860, BENTONVILLE, AR 727121860 | TREASURER (FROM 12/21/23) | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1860, BENTONVILLE, AR 72712-1860
- In care of
- % TIM KEITH
- Signed the 990-PF
- Buddy D Philpot, Director, Vice President
- Phone
- (479) 464-1570
- Return prepared by
- WALTON ENTERPRISES LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 82-3700845
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $21,003,898
- Income (IRS master file)
- $5,026,076
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,217,210 | $4,616,319 | $21,003,898 | XML |
| 990-PF | December 2023 | $643,255 | $4,888,280 | $24,403,007 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3700845).
Questions about ARVEST FOUNDATION
- What is the EIN of ARVEST FOUNDATION?
- The employer identification number (EIN) of ARVEST FOUNDATION is 82-3700845.
- Is ARVEST FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ARVEST FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ARVEST FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ARVEST FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARVEST FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ARVEST FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does ARVEST FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,217,210, expenses of $4,616,319 and total assets of $21,003,898 at year end.
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- THE WALTON FAMILY CHARITABLE SUPPORT FOUNDATION INC EIN 58-1766770 · last filed 990 for 2025
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All nonprofits in BENTONVILLE · Arkansas · Philanthropy, voluntarism and grantmaking foundations