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  4. Builders Initiative Foundation
EIN 82-1503941

Builders Initiative Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Bentonville
State
Arkansas
Year formed
2017
Most recent tax filings
2022-12-01
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
$189,732,780
2022
Total expenses
$104,642,867
2022
Total assets
$1,117,727,346
2022
Num. employees
0
2022

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$6,000,000
Rockefeller Philanthropy Advisors (RPA)To Coordinate Donors To Have A Bigger Impact on Reducing Greenhouse Gas (GHG) Emissions and Improving Water Outcomes in American Agriculture$3,000,000
National Philanthropic TrustTo Support the Iconiq Impact Ocean Co-Lab$3,000,000
...and 263 more grants made totalling $77,311,643

Personnel at Builders Initiative Foundation

NameTitleCompensation
Robert A SmithTreasurer$0

Financials for Builders Initiative Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$162,657,019
Investment income and dividends$21,482,550
Net rental income$0
Net gain from sale of non-inventory assets$4,959,092
Gross sales of inventory$0
Miscellaneous revenues$634,119
Total revenues$189,732,780

Form 990s for Builders Initiative Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-11990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-14990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-11-01990PFView PDF
...and 1 more Form 990

Organizations like Builders Initiative Foundation

OrganizationLocationRevenue
Caterpillar FoundationPeoria, IL$77,740,833
Michelson Medical Research Foundation (MMRF)Los Angeles, CA$68,548,925
Dunard Fund USANorthbrook, IL$70,889,532
Gilead FoundationFoster City, CA$64,732,333
The Roberts FoundationSan Mateo, CA$135,366,002
Liberty Mutual FoundationBoston, MA$61,066,266
The Bank of America Charitable FoundationCharlotte, NC$220,225,056
Penske FoundationBloomfield Hills, MI$101,468,070
C D Spangler FoundationCharlotte, NC$84,541,335
Ford Motor Company FundDearborn, MI$53,071,640
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 liquidatedTax deductible donationsNo full-time employees
General information
Address
PO Box 1860
Bentonville, AR 72712
Metro area
Fayetteville-Springdale-Rogers, AR
County
Benton County, AR
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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