Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Rob and Melani Walton Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1860
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BENTONVIILLE, AR72712
A Employer identification number

47-4259772
B Telephone number (see instructions)

(479) 464-1570
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$692,107,473J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 77,794,100
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 10,617,031 10,617,031  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 32,217,914
b Gross sales price for all assets on line 6a 267,323,123
7 Capital gain net income (from Part IV, line 2)... 108,915,926
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment -60,135 86,082 0
12 Total. Add lines 1 through 11........ 120,568,910 119,619,039 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 73,853 0 0 73,853
b Accounting fees (attach schedule)....... Click to see attachment 48,903 0 0 48,903
c Other professional fees (attach schedule).... Click to see attachment 2,086,536 750,013 0 1,336,523
17 Interest............... 541,830 541,830    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,810,282 960,282 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,281     1,281
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,166,054 1,165,060 0 992
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,728,739 3,417,185 0 1,461,552
25 Contributions, gifts, grants paid....... 36,652,319 36,652,319
26 Total expenses and disbursements. Add lines 24 and 25 44,381,058 3,417,185 0 38,113,871
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 76,187,852
b Net investment income (if negative, enter -0-) 116,201,854
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 246,701 245,149 245,149
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet0
Less: allowance for doubtful accounts bullet   674,831 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment0 0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 463,947,258 Click to see attachment540,811,493 691,862,324
14 Land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 464,868,790 541,056,642 692,107,473
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 464,868,790 541,056,642
29 Total net assets or fund balances (see instructions)..... 464,868,790 541,056,642
30 Total liabilities and net assets/fund balances (see instructions). 464,868,790 541,056,642
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
464,868,790
2
Enter amount from Part I, line 27a .....................
2
76,187,852
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
541,056,642
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
541,056,642
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 500,000 SHARES OF PUBLICLY TRADED SECURITIES D    
b 6,936 SHARES OF PUBLICLY TRADED SECURITIES P    
c NORTHERN TRUST CASH - VARIOUS STOCKS P    
d NORTHERN TRUST CASH - VARIOUS STOCKS P    
e NORTHERN TRUST CASH - CAPITAL GAIN DISTRIBUTIONS P    
NORTHERN TRUST EAM - VARIOUS STOCKS P    
NORTHERN TRUST EAM - VARIOUS STOCKS P    
NORTHERN TRUST EAM - CAPITAL GAIN DISTRIBUTIONS P    
NORTHERN TRUST GLOBEFLEX - VARIOUS STOCKS P    
NORTHERN TRUST GLOBEFLEX - VARIOUS STOCKS P    
NORTHERN TRUST GLOBEFLEX - CAPITAL GAIN DISTRIBUTIONS P    
NORTHERN TRUST R1000 - VARIOUS STOCKS P    
NORTHERN TRUST R1000 - CAPITAL GAIN DISTRIBUTIONS P    
NORTHERN TRUST R1000 - VARIOUS STOCKS P    
NORTHERN TRUST R1000 - VARIOUS STOCKS P    
NORTHERN TRUST EAFE - VARIOUS STOCKS P    
NORTHERN TRUST EAFE - VARIOUS STOCKS P    
NORTHERN TRUST EAFE - CAPITAL GAIN DISTRIBUTIONS P    
PASS-THROUGH GAIN/LOSS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 71,506,612   5 71,506,607
b 82,660   38,510 44,150
c 7,025,131   3,609,910 3,415,221
d 1,604,716   162,788 1,441,928
e 329,954   0 329,954
69,766,957   67,798,406 1,968,551
3,265,515   1,400,345 1,865,170
1   0 1
14,794,155   12,788,327 2,005,828
8,883,468   5,429,645 3,453,823
19,706   0 19,706
45,166,716   39,828,857 5,337,859
15,361   0 15,361
5,282,009   5,117,961 164,048
5,697   4,866 831
22,707,043   21,032,603 1,674,440
1,350,207   1,122,629 227,578
2,574,233   0 2,574,233
12,942,983   72,346 12,870,637
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 71,506,607
b     0 44,150
c     0 3,415,221
d     0 1,441,928
e     0 329,954
    0 1,968,551
    0 1,865,170
    0 1
    0 2,005,828
    0 3,453,823
    0 19,706
    0 5,337,859
    0 15,361
    0 164,048
    0 831
    0 1,674,440
    0 227,578
    0 2,574,233
    0 12,870,637
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 108,915,926
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,615,206
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,615,206
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,364,487
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,364,487
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 749,281
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet499,281 RefundedBullet 11 250,000
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE, AR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletColleen Reilly Telephone no.bullet (479) 464-1570

    Located atbulletPO BOX 2030BENTONVILLEAR ZIP+4bullet72712
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletIS, JA, BE, UK, CA, DA, FR, GM
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    S ROBSON WALTON CO-PRESIDENT
    1.000     		0 0 0
    P O BOX 1860
    BENTONVILLE,AR72712
    NACCAMAN WILLIAMS SECRETARY
    1.000     		0 0 0
    P O BOX 1860
    BENTONVILLE,AR72712
    ROBERT A SMITH TREASURER
    1.000     		0 0 0
    P O BOX 1860
    BENTONVILLE,AR72712
    ERRON SMITH ASSISTANT SECRETARY
    1.000     		0 0 0
    P O BOX 1860
    BENTONVILLE,AR72712
    MELANI WALTON CO-PRESIDENT
    1.000     		0 0 0
    P O BOX 1860
    BENTONVILLE,AR72712
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    WALTON ENTERPRISES LLC MANAGEMENT SERVICES 1,451,286
    P O BOX 1860
    BENTONVILLE,AR72712
    NORTHERN TRUST INVESTMENT MANAGEMENT FEES 277,617
    50 SOUTH LA SALLE STREET
    CHICAGO,IL60603
    GLOBEFLEX CAPITAL LP INVESTMENT MANAGEMENT FEES 144,182
    4365 EXECUTTVE DRTVE SUrrE 120
    SAN DIEGO,CA92121
    GENERAL ATLANTIC SERVICE CO LLC INVESTMENT MANAGEMENT FEES 131,667
    600 STEAMBOAT ROAD
    SUITE 105
    GREENWICH,CO06830
    EARTH RESILIENCE GROUP CONSULTING 96,033
    5016 45th ST NW
    Washington,DC20016
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    617,544,805
    b
    Average of monthly cash balances.......................
    1b
    11,666,103
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    629,210,908
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    629,210,908
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    9,438,164
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    619,772,744
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    30,988,637
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    30,988,637
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,615,206
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,615,206
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    29,373,431
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    29,373,431
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    29,373,431
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 29,373,431
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,501,027
    b Total for prior years:20, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 38,113,871
    a Applied to 2020, but not more than line 2a 3,501,027
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 29,373,431
    e Remaining amount distributed out of corpus 5,239,413
    5 Excess distributions carryover applied to 2021.   0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,239,413
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		5,239,413
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 5,239,413
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    S ROBSON WALTON
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    African Parks Foundation of America
    21 West 46th Street
    New York,NY10036     		  PC Endowment & General Operating Support 4,800,000
    American Friends of Sentebale Foundation
    C/O Spielman Koenigsberg Parker LLP
    New York,NY10019     		  PC General Operating Support 10,000
    American Friends of the Bugatti Trust Inc
    4 Stonewood Place
    Dedham,MA02026     		  PC General Operating Support 5,000
    American Heart Association Inc
    1910 W University Drive Suite 205
    Tempe,AZ85281     		  PC CPR in Schools Program 5,000
    Arizona Community Foundation
    2201 E Camelback Road Suite 405B
    Phoenix,AZ85016     		  PC Two Pups Wellness Fund 1,500
    Arizona Educational Foundation
    2100 N Central Avenue Suite 212
    Phoenix,AZ85004     		  PC teachSTEM Program Expansion 10,000
    Arizona Humane Society
    1521 W Dobbins Road
    Phoenix,AZ85041     		  PC Spay-Neuter Initiatives 2,500
    Arizona Humane Society
    1521 W Dobbins Road
    Phoenix,AZ85041     		  PC Capital Campaign 2,000,000
    Arizona Pilot's Association
    PO Box 61242
    Phoenix,AZ850821242     		  PC Grapevine Airstrip Preservation 10,000
    Arizona State University Foundation for A New American University
    P O Box 2260
    Tempe,AZ852802260     		  PC Women & Philanthropy Program 10,000
    Arizona Women's Board
    5921 E Indian Bend Rd
    Paradise Valley,AZ85253     		  PC Camp Kidney Day 5,000
    Arkansas Community Foundation Inc
    5 Allied Drive Suite 51110
    Little Rock,AR72202     		  PC Social Services 10,000
    Aspen Center for Environmental Studies
    100 Puppy Smith Street
    Aspen,CO816111451     		  PC General Operating Support 10,000
    Aspen Music Festival and School
    225 Music School Rd
    Aspen,CO81611     		  PC Annual Fund and Winter Music Recital Series 50,000
    Aspen Santa Fe Ballet
    0245 Sage Way
    Aspen,CO81611     		  PC Ballet Classes for Children in Need 10,000
    Aspen Valley Ski-Snowboard Club Inc
    300 AVSC Drive
    Aspen,CO81611     		  PC General Operating Support 10,000
    B'nai Levy Foundation
    2 Rue Beth-Halevy
    BOISBRIAND,QUEBECJ7E4H4
    CA     		  PC Memorial Building Construction 468,721
    Boston Mountain Cyclists
    PO Box 963
    Bentonville,AR72712     		  PC General Operating Support 20,000
    Boys & Girls Clubs of the Valley Inc
    4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		  PC Education Program 10,000
    Boys Hope Girls Hope of Arizona
    3443 N Central Arcade 7
    Phoenix,AZ85012     		  PC General Operating Support 5,000
    Bridge2Rwanda Inc
    1818 N Taylor Street
    Little Rock,AR72207     		  PC Career Services Expansion 125,000
    Brophy College Preparatory
    4701 North Central Avenue
    Phoenix,AZ85012     		  PC Financial Aid Fund 2,500
    Cardiovascular Research Foundation of Southern California
    414 N Camden Drive Suite 1100
    Beverly Hills,CA90210     		  PC General Operating Support 50,000
    CASA Academy
    8123 N 35th Ave
    Phoenix,AZ85051     		  PC Library Project 1,000
    Childhelp Inc
    6730 N Scottsdale Rd Suite 150
    Scottsdale,AZ85253     		  PC Compassion and Wellness Program 50,000
    Choate Rosemary Hall Foundation Inc
    333 Christian Street
    Wallingford,CT064923800     		  PC General Operating Support 10,000
    Clean Future Forum Inc
    1101 Pennsylvania Ave NW
    Washington,DC20004     		  PC Climate Action Initiative 1,898,888
    Cleanslate
    16198 Vermeer Drive
    Chino Hills,CA91709     		  PC Street Dreams Program 5,000
    Climate Leadership Council Inc
    1900 M St NW Suite 800
    Washington,DC20036     		  PC Carbon Framework 750,000
    College of Wooster
    1189 Beall Ave
    Wooster,OH446912363     		  PC Annual Fund 20,000
    College Year in Athens Inc
    PO Box 390890
    Cambridge,MA02139     		  PC Memorial Scholarship 25,000
    Columbia University
    435 West 116th Street Box A-2
    New York,NY10027     		  PC Law School Annual Fund 25,000
    Conservation International Foundation
    2011 Crystal Drive Suite 600
    Arlington,VA22202     		  PC Blue Nature Alliance 4,547,838
    Cystic Fibrosis Foundation
    2777 E Camelback Rd Ste 330
    Phoenix,AZ85016     		  PC Research, Patient Services, & Other Mission Activities 2,500
    Dawn Redwoods Charitable Trust
    One Blackfield Drive
    Tiburon,CA94920     		  PC Assistance Fund 10,000
    Desert Botanical Garden
    1201 N Galvin Parkway
    Phoenix,AZ85008     		  PC Wellness Pass Program 15,000
    Diana Gregory Outreach Services
    1934 E Camelback Rd Suite 120 223
    Phoenix,AZ85016     		  PC General Operating Support 1,500
    Diocesan Council for the Society of St Vincent de Paul Diocese Phoenix
    420 W Watkins Road
    Phoenix,AZ85003     		  PC CEO Endowment 5,000,000
    Diocesan Council for the Society of St Vincent de Paul Diocese Phoenix
    420 W Watkins Road
    Phoenix,AZ85003     		  PC Urban Farm Operations 250,000
    DSU Heritage Foundation
    230 8th Ave West
    Dickinson,ND58601     		  PC Endowed Scholarship 21,050
    DSU Heritage Foundation
    230 8th Ave West
    Dickinson,ND58601     		  PC DSU Hall of Fame 50,000
    Emory University
    1762 Clifton Rd Suite 1400
    Atlanta,GA30322     		  PC Compassion Program Scaling 245,826
    Fay School Inc
    48 Main Street
    Southborough,MA017729106     		  PC General Operating Support 10,000
    Fresh Start Women's Foundation
    1130 E McDowell Rd
    Phoenix,AZ85006     		  PC General Operating Support 2,000
    Gateway for Cancer Research
    500 East Remington Road
    Schaumburg,IL60173     		  PC General Operating Support 25,000
    Georgetown University
    Box 571253
    Washington,DC200571253     		  PC General Operating Support 10,000
    Girl Scouts - Arizona Cactus-Pine Council Inc
    119 East Coronado Road
    Phoenix,AZ85004     		  PC STEM Programming 50,000
    Governor Dummer Academy dba The Governor's Academy
    1 Elm Street
    Byfield,MA01922     		  PC General Operating Support 10,000
    Greater Phoenix Chamber Foundation
    201 N Central Ave Suite 2700
    Phoenix,AZ85004     		  PC Professional Women's Alliance Program 2,500
    Habitat for Humanity of Benton County Inc
    1212 N Walton Blvd
    Bentonville,AR72712     		  PC General Operating Support 10,000
    Hawaii Community Foundation
    827 Fort Street Mall
    Honolulu,HI96813     		  PC Kki'o Community Fund 10,000
    Home on the Range
    16351 I-94
    Sentinel Butte,ND58654     		  PC Outdoor Bench Installation 5,000
    HonorHealth Foundation
    8125 N Hayden Road
    Scottsdale,AZ85258     		  PC Integrative Medicine Program & General Operating Support 750,000
    HopeWest
    3090 N 12th St Unit B
    Grand Junction,CO81506     		  PC General Operating Support 4,500
    Hunkapi Programs Inc
    12051 North 96th Street
    Scottsdale,AZ85260     		  PC Scholarship Fund 1,000
    International Mountain Bicycling Association
    PO Box 20280
    Boulder,CO80308     		  PC Roaring Fork Staff and Trail Work 25,000
    International Women's Forum Inc
    1155 15th Street Northwest
    Washington,DC200052706     		  PC General Operating Support 1,500
    Internationaler Naturerbe Fonds - Legacy Landscapes Fund
    Friedrich-Ebert-Anlage 36
    Frankfurt Am Main   60325
    GM     		  PC Odzala-Kokoua National Park 100,000
    Liberty Wildlife Inc
    2600 E Elwood St
    Phoenix,AZ85040     		  PC Documentary Film Production 154,000
    Liberty Wildlife Inc
    2600 E Elwood St
    Phoenix,AZ85040     		  PC Non-Eagle Feather Repository 50,000
    McPherson College
    1600 East Euclid
    McPherson,KS67460     		  PC Auto Restoration Program 25,000
    Miraglo Foundation
    6919 La Jolla Blvd
    La Jolla,CA92037     		  PC Dialysis Machines 100,000
    Mount Sinai Medical Center Foundation
    4300 Alton Rd
    Miami Beach,FL33140     		  PC Greatest Needs 75,000
    National Christian Charitable Foundation Inc
    11625 Rainwater Drive
    Alpharetta,GA30009     		  PC Foster's Outriders Foundation Fund 10,000
    National Park Foundation
    1110 Vermont Ave NW Suite 200
    Washington,DC20005     		  PC Theodore Roosevelt National Park Needs & General Operating Support 50,000
    Northwest Organization for Animal Help
    31300 Brandstrom Road
    Stanwood,WA98292     		  PC General Operating Support 5,000
    Northwestern University
    633 Clark St
    Evanston,IL60208     		  PC Endowed Professorship 1,000,000
    Pebble Beach Company Foundation
    PO Box 1767
    Pebble Beach,CA93953     		  PC General Operating Support 10,000
    Phoenix Indian Center
    4520 N Central Suite 250
    Phoenix,AZ85012     		  PC General Operating Support 1,500
    Phoenix Theatre Inc
    1825 N Central Avenue
    Phoenix,AZ85004     		  PC Partners That Heal Program & General Operating Support 75,000
    Presbyterian Village Inc
    510 N Brookside Drive
    Little Rock,AR72205     		  PC General Operating Support 10,000
    Rio Blanco County Historical Society Inc
    PO Box 413
    Meeker,CO81641     		  PC Scholarships 500
    Salvation Army of NWA
    219 W 15th Street
    Fayetteville,AR72701     		  PC General Operating Support 50,000
    Sandra Day O'Connor Institute
    PO Box 66422
    Phoenix,AZ85082     		  PC General Operating Support 7,500
    Synergos Institute Inc
    3 East 54th Street 14th Floor
    New York,NY10022     		  PC General Operating Support 5,000
    Team Africa Rising Inc
    PO Box 8
    Savery,WY82332     		  PC African Cycling Program 275,484
    The Buddy Program Inc
    110 East Hallam Street Suite 125
    Aspen,CO81611     		  PC General Operating Support 5,000
    The Dian Fossey Gorilla Fund International
    800 Cherokee Ave SE
    Atlanta,GA30315     		  PC Education Center 666,000
    The Nature Conservancy - Arizona
    1819 E Morten Ave 100
    Phoenix,AZ85020     		  PC General Operating Support 50,000
    The Nature Conservancy - Arkansas
    601 N University Avenue
    Little Rock,AR72205     		  PC General Operating Support 50,000
    The Royal Foundation of the Duke and Duchess of Cambridge
    The Royal Foundation Kensington
    Palace Palace Green
    London   W84PU
    UK     		  PC The Earthshot Prize 1,393,812
    The Sauce Foundation Inc
    4417 N 40th Street Suite 200
    Phoenix,AZ85018     		  PC Pancreatic Research 5,000
    Theodore Roosevelt Association
    PO Box 719
    Oyster Bay,NY11771     		  PC Charitable Programs 50,000
    Theodore Roosevelt Medora Foundation
    PO Box 198
    Medora,ND58645     		  PC Point to Point Park 1,200
    Theodore Roosevelt Presidential Library Foundation
    350 Third Avenue
    Medora,ND58645     		  PC Theodore Roosevelt Presidential Library Support 10,006,000
    Tides Center
    PO Box 29907
    San Francisco,CA94129     		  PC MOSAIC Project 500,000
    Trends Charitable Fund
    4400 N Scottsdale Road Suite 9-928
    Scottsdale,AZ85251     		  PC General Operating Support 5,000
    United Cerebral Palsy Association of Central Arizona
    1802 W Parkside Lane
    Phoenix,AZ85027     		  PC Therapy Program 5,000
    United States Olympic and Paralympic Foundation
    1 Olympic Plaza
    Colorado Spring,CO80909     		  PC Athletics 5,000
    United Way of Northwest Arkansas Inc
    100 Parkwood Street Suite C
    Lowell,AR72745     		  PC General Operating Support 75,000
    Universal Force Inc
    1231 4th Street
    Santa Monica,CA90401     		  PC Giving Naam Initiatives 10,000
    USA Cycling Development Foundation
    210 USA Cycling Point Suite 100
    Colorado Springs,CO809192215     		  PC General Operating Support 50,000
    Valley of the Sun United Way
    3200 East Camelback Road Suite 375
    Phoenix,AZ850182328     		  PC Pantry Pack Program 10,000
    Valley of the Sun Young Men's Christian Association
    350 N 1st Ave
    Phoenix,AZ85003     		  PC COVID-19 Relief Efforts 25,000
    Valleywise Health Foundation
    2901 E Camelback Rd Suite 202
    Phoenix,AZ85016     		  PC Arizona Burn Center 50,000
    Watchtower Bible and Tract Society of New York Inc
    900 Red Mills Road
    Wallkill,NY12589     		  PC Education and Relief Work 5,000
    Windward Fund
    1201 Connecticut Ave NW Suite 300
    Washington,DC20036     		  PC Glasgow Is Our Business Project 200,000
    YMCA of Southern Arizona
    60 W Alameda
    Tucson,AZ85701     		  PC Camp Scholarships 6,000
    Total .................................bullet 3a 36,652,319
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523600 72,346 18 32,145,568  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASS THROUGH OTHER INCOME/(LOSS)     		523600 -146,217 18 197,046  
    bNORTHERN TRUST INCOME/(LOSS)     18 -110,964  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -73,871 42,848,681 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    42,774,810
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID: 21014044
    Software Version: 2021v4.2


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    Rob and Melani Walton Foundation Inc
     
    Employer identification number

    47-4259772
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    Rob and Melani Walton Foundation Inc
          		Employer identification number
    47-4259772
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    S ROBSON WALTON
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 71,472,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 156,776


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 630,280


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 1,084,921


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 379,826


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 3,268,251


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    Rob and Melani Walton Foundation Inc
          		Employer identification number
    47-4259772
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 630,280


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 85,633


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    RAMI PARTNERS LLC
     
    PO BOX 1860
     
    BENTONVILLE, AR72712

    		$ 85,633


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    Rob and Melani Walton Foundation Inc
          		Employer identification number

    47-4259772
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 500,000 SHARES OF PUBLICLY TRADED SECURITIES $ 71,472,500 2021-09-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 1,288 SHARES OF PUBLICLY TRADED SECURITIES $ 156,776 2021-05-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 2,497 SHARES OF PUBLICLY TRADED SECURITIES $ 630,280 2021-07-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 5,884 SHARES OF PUBLICLY TRADED SECURITIES $ 1,084,921 2021-07-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 10,292 SHARES OF PUBLICLY TRADED SECURITIES $ 379,826 2021-08-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 50,765 SHARES OF PUBLICLY TRADED SECURITIES $ 3,268,251 2021-06-09
    Schedule B (Form 990) (2021)
    Name of organization
    Rob and Melani Walton Foundation Inc
          		Employer identification number

    47-4259772
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    7
    		 2,497 SHARES OF PUBLICLY TRADED SECURITIES $ 630,280 2021-07-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    8
    		 773 SHARES OF PUBLICLY TRADED SECURITIES $ 85,633 2021-07-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    9
    		 773 SHARES OF PUBLICLY TRADED SECURITIES $ 85,633 2021-07-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    Rob and Melani Walton Foundation Inc
          		Employer identification number

    47-4259772
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID: 21014044
    Software Version: 2021v4.2

    TY 2021 AccountingFeesSchedule
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 48,903     48,903

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    500,000 SHARES OF PUBLICLY TRADED SECURITIES   D     71,506,612 71,472,500     34,112  
    6,936 SHARES OF PUBLICLY TRADED SECURITIES   P     82,660 38,510     44,150  
    NORTHERN TRUST CASH - VARIOUS STOCKS   P     7,025,131 6,716,799     308,332  
    NORTHERN TRUST CASH - VARIOUS STOCKS   P     1,604,716 1,029,906     574,810  
    NORTHERN TRUST CASH - CAPITAL GAIN DISTRIBUTIONS   P     329,954 0     329,954  
    NORTHERN TRUST EAM - VARIOUS STOCKS   P     69,766,957 67,798,406     1,968,551  
    NORTHERN TRUST EAM - VARIOUS STOCKS   P     3,265,515 1,400,345     1,865,170  
    NORTHERN TRUST EAM - CAPITAL GAIN DISTRIBUTIONS   P     1 0     1  
    NORTHERN TRUST GLOBEFLEX - VARIOUS STOCKS   P     14,794,155 12,788,327     2,005,828  
    NORTHERN TRUST GLOBEFLEX - VARIOUS STOCKS   P     8,883,468 5,429,645     3,453,823  
    NORTHERN TRUST GLOBEFLEX - CAPITAL GAIN DISTRIBUTIONS   P     19,706 0     19,706  
    NORTHERN TRUST R1000 - VARIOUS STOCKS   P     45,166,716 40,559,791     4,606,925  
    NORTHERN TRUST R1000 - CAPITAL GAIN DISTRIBUTIONS   P     15,361 0     15,361  
    NORTHERN TRUST R1000 - VARIOUS STOCKS   P     5,282,009 5,710,883     -428,874  
    NORTHERN TRUST R1000 - VARIOUS STOCKS   P     5,697 4,866     831  
    NORTHERN TRUST EAFE - VARIOUS STOCKS   P     22,707,043 21,032,603     1,674,440  
    NORTHERN TRUST EAFE - VARIOUS STOCKS   P     1,350,207 1,122,629     227,578  
    NORTHERN TRUST EAFE - CAPITAL GAIN DISTRIBUTIONS   P     2,574,233 0     2,574,233  
    PASS-THROUGH GAIN/LOSS   P     12,942,983 0     12,942,983  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NT - Investment Account AT COST 323,739,736 396,500,203
    NT - R1000 Account AT COST 30,948,413 65,033,867
    NT - EAFE Account AT COST 130,548,718 161,268,284
    NT - EAM AT COST 26,385,911 30,135,017
    NT - GLOBEFLEX AT COST 29,188,715 38,924,953

    TY 2021 LegalFeesSchedule
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 73,853     73,853


    TY 2021 OtherExpensesSchedule
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Miscellaneous 992     992
    Pass-through - Other Deductions 1,165,060 1,165,060    
    Pass-through - Nondeductible Expenses 2      


    TY 2021 OtherIncomeSchedule2
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Northern Trust -110,964 -110,964  
    Pass-through - Other income/(loss) 50,829 197,046  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrator & Management Fees 1,186,666     1,186,666
    NT Investment Fees 750,013 750,013    
    Consulting Fees 127,616     127,616
    Professional Services 22,241     22,241


    TY 2021 TaxesSchedule
    Name:
    Rob and Melani Walton Foundation Inc
    EIN:
    47-4259772
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 2,850,000      
    Northern Trust - Foreign Taxes 632,759 632,759    
    Pass-through - Foreign Taxes 327,523 327,523