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EIN 82-1503941

Builders Initiative Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Builders Initiative Foundation is a corporate foundation of Walmart Inc. located in Bentonville, AR, that primarily funds operations for 2022, supports year 3 of the Austin Fresh project within the grantee's Fresh Taste project, and aids efforts to restore estuaries. The foundation represents refunds of unused grant funds treated as qualifying distributions from previous years. It includes notable grantees such as the Walton Family Foundation and made 316 grants last year.
Also known as...
Fka the Builders Initiative
Total revenues
$519,855,780
2023
Total expenses
$110,762,871
2023
Total assets
$1,526,854,677
2023
Num. employees
0
2023

Program areas at Builders Initiative Foundation

Amount represents refunds of unused grant funds treated as qualifying distributions in prior years.

Grants made by Builders Initiative Foundation

GranteeGrant descriptionAmount
Walton Family FoundationTo Support Grantee's Environment Program Grantmaking To Move the Midwest Towards A More Sustainable Future With More Climate Smart and Water Smart Agricultural Practices$9,500,000
Rockefeller Philanthropy Advisors (RPA)To Coordinate Climate-First Donors To Have A Bigger Impact on Reducing Greenhouse Gas (GHG) Emissions and Improving Water Outcomes in American Agriculture$5,000,000
Chicago Community FoundationTo Support the Art Works Fund$1,800,000
...and 282 more grants made totalling $67,818,233

Personnel at Builders Initiative Foundation

NameTitleCompensation
Robert A SmithTreasurer$0

Financials for Builders Initiative Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$564,697,169
Investment income and dividends$36,984,198
Net rental income$0
Net gain from sale of non-inventory assets$-85,253,324
Gross sales of inventory$0
Miscellaneous revenues$3,427,737
Total revenues$519,855,780

Form 990s for Builders Initiative Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-11990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-14990PFView PDF
2019-122021-06-14990PFView PDF
...and 2 more Form 990s

Organizations like Builders Initiative Foundation

OrganizationLocationRevenue
W.K. Kellogg Foundation (WKKF)Battle Creek, MI$383,208,005
Global Action to End SmokingNew York, NY$142,827,333
The Bank of America Charitable FoundationCharlotte, NC$220,225,056
Wells Fargo FoundationMinneapolis, MN$256,338,473
Wal-Mart FoundationBentonville, AR$133,635,610
Wellspring Philanthropic FundNew York, NY$374,958,422
JP Morgan Chase FoundationNew York, NY$155,763,432
Fidelity FoundationBoston, MA$958,894,354
William and Flora Hewlett FoundationMenlo Park, CA$652,108,628
JMM Charitable FoundationLos Angeles, CA$147,553,111
Data update history
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 28, 2023
Used new vendors
Identified 1 new vendor, including
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 1, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
167 N Green St Suite 1600
Chicago, IL 60607
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
buildersinitiative.org/ 
Phone
(479) 464-1570
IRS details
EIN
82-1503941
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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