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Wal-Mart Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

Wal-Mart Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$112M
Granted FY2025still arriving
144
Grants FY2025still arriving
25
States reached
$8.5M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Food & Nutrition$123MEnvironment$121MInternational$97MEducation$87MHuman Services$61MCommunity Improvement$38MHealth$31MPhilanthropy$29MOther$0
02FY2025 · 144 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k4 grants · $20k
  • $10k–50k14 grants · $378k
  • $50k–250k35 grants · $3.6M
  • $250k+91 grants · $110M
$435,000
Median grant
25
States reached
$23M
Total assets
Largest grants
RecipientAmount
CONSERVATION INTERNATIONAL FOUNDATION$8,510,199
NATURE CONSERVANCY$5,702,615
TECHNOSERVE INC$4,800,000
WORLD WILDLIFE FUND INC$2,704,091
FOOD BANKS CANADA$2,528,750
TRUST FOR PUBLIC LAND$2,500,000
COMMUNITY FOUNDATIONS OF CANADA$2,500,000
FOUNDATION FOR BLACK COMMUNITIES$2,500,000
THE RECYCLING PARTNERSHIP INC$2,499,900
CENTER ON BUDGET AND POLICY PRIORITIES$2,465,000
NATIONAL COUNCIL ON AGING$2,445,127
INTERNATIONAL RESEARCH & EXCHANGES BOARD INC$2,000,504
ARKANSAS CHILDRENS NORTHWEST INC$2,000,000
WAL-MART ASSOCIATES IN CRITICAL NEED FUND$2,000,000
GOODWILL INDUSTRIES INTERNATIONAL I$2,000,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–25, $39.9M) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 82% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%HELLO NEIGHBOR: $650k → 11%GIVE FOUNDATION INC: $1.0M → 8%CATHOLIC CHARITIES DIOCESE OF VENICE INC: $175k → 9%OPERATION BBQ RELIEF: $475k → 8%MRELIEF: $840k → 14%NEW JERSEY VOLUNTARY ORGANIZATIONS ACTIVE IN DISASTER RELIEF INC: $150k → 7%ADOPTION EXCHANGE ASSOCIATION INC: $500k → 6%HELLO NEIGHBOR: $500k → 11%OPERATION BBQ RELIEF: $250k → 8%WELCOMING AMERICA INC: $1.0M → 14%MRELIEF: $700k → 14%ADOPTION EXCHANGE ASSOCIATION INC: $150k → 6%HELLO NEIGHBOR: $300k → 11%ISSARA INSTITUTE INC: $1.1M → 8%WELCOMING AMERICA INC: $1.0M → 14%MRELIEF: $685k → 14%ISSARA INSTITUTE INC: $1.0M → 8%HOPE STREET GROUP: $475k → 14%ISSARA INSTITUTE INC: $800k → 8%EQUITABLE FOOD INITIATIVE: $1.2M → 14%NATIONAL COUNCIL OF YOUNG MENS CHRISTIAN ASSNS OF THE: $4.1M → 14%NATIONAL COUNCIL OF YOUNG MENS CHRISTIAN ASSNS OF THE USA: $4.0M → 14%THE NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS OF THE UNITED ST: $3.5M → 14%NATIONAL COUNCIL OF YOUNG MENS CHRISTIAN ASSNS OF THE: $200k → 14%MRELIEF: $1.5M → 14%MILITARY FAMILY ADVISORY NETWORK INC: $200k → 9%EMERGENT FOREST FINANCE ACCELERATOR: $1.6M → 17%MORE IN COMMON INC: $500k → 17%NATIONAL URBAN LEAGUE: $500k → 17%JONES CENTER FOR FAMILIES INC: $1.1M → 14%EQUITABLE FOOD INITIATIVE: $2.0M → 14%JONES CENTER FOR FAMILIES INC: $550k → 14%THE JONES CENTER FOR FAMILIES INC: $500k → 14%THE JONES CENTER FOR FAMILIES INC: $290k → 14%JONES CENTER FOR FAMILIES INC: $275k → 14%EQUITABLE FOOD INITIATIVE: $700k → 14%AMERICAN NATIONAL RED CROSS: $650k → 14%AMERICAN NATIONAL RED CROSS: $500k → 14%AMERICAN NATIONAL RED CROSS: $250k → 14%AMERICAN NATIONAL RED CROSS: $250k → 14%AMERICAN NATIONAL RED CROSS: $225k → 14%AMERICAN NATIONAL RED CROSS: $200k → 14%THE COBBLESTONE PROJECT: $161k → 8%AMERICAN NATIONAL RED CROSS: $200k → 14%AMERICAN NATIONAL RED CROSS: $200k → 14%AMERICAN NATIONAL RED CROSS: $150k → 14%AMERICAN NATIONAL RED CROSS: $150k → 14%AMERICAN NATIONAL RED CROSS: $150k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
VT
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
NV
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 5% of Wal-Mart Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

Wal-Mart Foundationlessmore of its giving
Placed by recipient address · 9.0% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

80%of every dollar goes to organizations it has funded before.
$587M · 397 repeat orgs$151M to everyone else

Grantees it renews have grown median revenue +20% since the first grant, against +9% for those funded once.

397 repeat relationships: 98 still active in FY2025, 299 since wound down; 38 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

397
579

Total granted

$587M
$131M

Median revenue growth · since first grant

+20%
+9%

Still filing today

74%
59%

New vs renewed · share of each year

In FY2025, 81% of grant dollars renewed an existing relationship; $20M went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24’25
EducationHuman ServicesPhilanthropyArts & CultureFood & NutritionHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • Feeding America
    6× · 2020–2025 · $33M · revenue +40%
  • TI
    TECHNOSERVE INC
    4× · 2020–2025 · $17M · revenue +51%
  • CONSERVATION INTERNATIONAL FOUNDATION
    6× · 2020–2025 · $15M · revenue +94%

Funded once

  • UNITED NATIONS FOUNDATION INC
    one grant, 2021 · $5.0M · revenue -11%
  • HI
    HEIFER INTERNATIONAL
    one grant, 2022 · $3.9M
  • SCHOLARSHIP AMERICA INC
    one grant, 2021 · $2.8M · revenue +20%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
2
American Gas Association

American gas association's (the association) mission is to develop and advocate for informed, innovative, and durable policy that fulfills our nation's energy needs, environmental aspirations and economic potential. we are committed to…

—
3
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
4
National Association of Corporate Directors

We empower directors and transform boards to be future ready.

Public Benefit
5
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
6
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
7
Arizona Community Foundation

To lead, serve and collaborate to mobilize enduring philanthropy for a better arizona.

Philanthropy
8
American Association for the Advancement of Science

Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…

Science & Tech
9
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
10
National Association for College Admission Counseling

Empowering college admission counseling professionals through education, advocacy, and community.

Education
11
National Opinion Research Center

See schedule onorc at the university of chicago conducts research and data science on critical societal issues to guide decision-making and the development of programs and public policy. our experts identify relationships and trends, and…

Social Science
12
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
How this is measured
The grantee most central to the portfolio’s shape is Local Initiatives Support Corporation; the most unlike its peers is Claire Elizabeth Dennis Memorial Fund. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

727 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 727 of the 1,055 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

65
Load-bearing (≥25% of a budget)
125
Early backer (in before they grew)
698/727
Grantees still filing
437/727
Grew since first funded

Where the money sits, by cause and then by grantee

THE NATURE CONSERVANCY: $19,301,818 · OtherTHE NATURE CONSERVANCYNATIONAL COUNCIL ON AGING INC: $12,270,127 · OtherAmerican Heart Association Inc: $11,840,103 · Other+108 more: $308,023,498 · Other+108 moreTECHNOSERVE INC: $16,525,693 · InternationalTECHNOSERVE I…Mercy Corps: $8,550,000 · InternationalMercy CorpsROOT CAPITAL INC: $6,353,127 · InternationalROOT CAPITAL …POLARIS PROJECT: $5,672,908 · InternationalPOLARIS PROJE…INTERNATIONAL RESEARCH & EXCHANGES BOARD INC: $5,474,708 · InternationalINTERNATIONAL…UNITED NATIONS FOUNDATION INC: $5,000,000 · InternationalUNITED NATION…WORLD RESOURCES INSTITUTE: $4,747,794 · InternationalWORLD RESOURC…INTERNATIONAL JUSTICE MISSION: $3,801,040 · InternationalHEIFER INTERNATIONAL FOUNDATION: $3,700,000 · InternationalGRAMEEN FOUNDATION USA: $3,649,514 · InternationalAVINA AMERICAS INC: $3,028,000 · International+10 more: $14,904,927 · International+10 moreCONSERVATION INTERNATIONAL FOUNDATION: $15,421,551 · EnvironmentCONSERVATIO…THE RECYCLING PARTNERSHIP INC: $10,494,430 · EnvironmentTHE RECYCLI…WORLD WILDLIFE FUND INC: $9,422,122 · EnvironmentWORLD WILDL…NATIONAL RECREATION AND PARK ASSOCIATION: $5,000,000 · EnvironmentNATIONAL RE…SUSTAINABLE FISHERY ADVOCATES: $3,805,386 · EnvironmentSUSTAINABLE…THE TRUST FOR PUBLIC LAND: $3,505,000 · EnvironmentCDP NORTH AMERICA INC: $3,357,028 · EnvironmentGEOS INSTITUTE: $3,150,563 · EnvironmentFISHCHOICE INC: $2,849,091 · EnvironmentSOIL HEALTH INSTITUTE: $2,750,000 · EnvironmentACCELERATING CIRCULARITY INC: $2,723,750 · EnvironmentENVIRONMENTAL INITIATIVE: $2,547,524 · Environment+2 more: $2,797,917 · EnvironmentFeeding America: $32,790,941 · Food & NutritionFeeding A…FOODCORPS INC: $9,937,245 · Food & NutritionFOODCORPS…Food Research & Action Center: $4,527,256 · Food & NutritionFood Rese…Brighter Bites Inc: $2,970,348 · Food & NutritionSUSTAINABLE FOOD LABORATORY INC: $2,604,230 · Food & NutritionMEALS ON WHEELS AMERICA: $2,000,000 · Food & Nutrition+2 more: $2,942,654 · Food & NutritionBENEFITS DATA TRUST: $10,295,640 · EducationBENEFITS …DIGITAL GREEN FOUNDATION: $4,700,000 · EducationDIGITAL G…Thurgood Marshall College Fund: $3,500,000 · EducationThurgood …Cornell University: $2,990,000 · EducationCornell U…Massachusetts Institute of Technology: $2,984,252 · EducationMassachus…SCHOLARSHIP AMERICA INC: $2,777,775 · EducationHISPANIC SCHOLARSHIP FUND: $2,625,315 · EducationSYRACUSE UNIVERSITY: $2,500,000 · EducationPresident and Fellows of Harvard College: $2,491,951 · EducationUNIVERSITY OF ARKANSAS FOUNDATION INC: $2,044,620 · Education+14 more: $18,954,556 · Education+14 moreNational Council of YMCAs of the USA: $11,775,823 · Human ServicesAmerican National Red Cross & Its Constituent Chapters and Branches: $4,185,000 · Human ServicesEquitable Food Initiative: $3,902,090 · Human ServicesmRelief: $3,724,402 · Human ServicesISSARA INSTITUTE INC: $2,900,000 · Human ServicesWELCOMING AMERICA INC: $2,849,084 · Human ServicesTHE JONES CENTER FOR FAMILIES INC: $2,842,000 · Human ServicesEMERGENT FOREST FINANCE ACCELERATOR INC: $1,587,500 · Human ServicesHELLO NEIGHBOR: $1,450,000 · Human Services+2 more: $2,083,317 · Human ServicesROCKEFELLER PHILANTHROPY ADVISORS INC: $8,250,000 · PhilanthropyCHARITIES AID FOUNDATION AMERICA: $3,260,000 · PhilanthropyARKANSAS COMMUNITY FOUNDATION INC: $3,146,790 · PhilanthropyVOLUNTEER FLORIDA FOUNDATION INC: $2,750,000 · PhilanthropyWolfe's Neck Farm Foundation: $2,730,000 · PhilanthropyCouncil on Foundations Inc: $1,600,000 · PhilanthropyBOYS & GIRLS CLUB OF BENTON CO INC: $1,451,425 · PhilanthropyINDEPENDENT SECTOR: $1,441,000 · PhilanthropyThe Pew Charitable Trusts: $1,002,555 · PhilanthropyEarth Innovation Institute: $1,000,000 · PhilanthropyUnited Way of South Hampton Roads: $1,000,000 · Philanthropy
Other$351,435,546International$81,407,711Environment$67,824,362Food & Nutrition$57,772,674Education$55,864,109Human Services$37,299,216Philanthropy$27,631,770

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetFeeding America: $32,790,941 over 6y, 0.3% of budgetTHE NATURE CONSERVANCY: $19,301,818 over 6y, 0.4% of budgetTECHNOSERVE INC: $16,525,693 over 4y, 4.5% of budgetCONSERVATION INTERNATIONAL FOUNDATION: $15,421,551 over 6y, 2.8% of budgetNATIONAL COUNCIL ON AGING INC: $12,270,127 over 5y, 8.0% of budgetAmerican Heart Association Inc: $11,840,103 over 4y, 0.7% of budgetNational Council of YMCAs of the USA: $11,775,823 over 3y, 3.6% of budgetNational 4-H Council: $10,759,078 over 4y, 12% of budgetUNIDOSUS: $10,683,733 over 5y, 5.3% of budgetTHE RECYCLING PARTNERSHIP INC: $10,494,430 over 6y, 6.6% of budgetBENEFITS DATA TRUST: $10,295,640 over 4y, 26% of budgetFOODCORPS INC: $9,937,245 over 4y, 16% of budgetCenter on Budget and Policy Priorities: $9,766,000 over 6y, 6.0% of budgetWORLD WILDLIFE FUND INC: $9,422,122 over 6y, 0.7% of budgetTHE ASPEN INSTITUTE INC: $9,145,695 over 6y, 1.2% of budgetMercy Corps: $8,550,000 over 6y, 0.6% of budgetROCKEFELLER PHILANTHROPY ADVISORS INC: $8,250,000 over 4y, 0.7% of budgetWAL-MART ASSOCIATES IN CRITICAL NEED FUND: $8,122,691 over 6y, 18% of budgetJOBS FOR THE FUTURE INC: $7,514,449 over 3y, 11% of budgetCrystal Bridges-Museum of American Art Inc: $7,139,000 over 4y, 4.6% of budgetSHARE OUR STRENGTH: $6,992,293 over 4y, 2.9% of budgetTHE ST BERNARD PROJECT INC: $6,400,000 over 6y, 7.4% of budgetCODE FOR AMERICA LABS INC: $6,379,953 over 4y, 8.4% of budgetROOT CAPITAL INC: $6,353,127 over 3y, 9.6% of budgetGOODWILL INDUSTRIES INTERNATIONAL INC: $6,258,153 over 4y, 3.0% of budgetRAINFOREST ALLIANCE INC: $5,767,585 over 3y, 2.5% of budgetPOLARIS PROJECT: $5,672,908 over 3y, 35% of budgetAMERICAN IMMIGRATION COUNCIL: $5,500,000 over 3y, 25% of budgetINTERNATIONAL RESEARCH & EXCHANGES BOARD INC: $5,474,708 over 4y, 1.9% of budgetNORTHWEST ARKANSAS FOOD BANK: $5,280,926 over 5y, 5.9% of budgetMERCY HEALTH FOUNDATION NORTHWEST ARKANSAS: $5,249,500 over 4y, 52% of budgetUNITED NATIONS FOUNDATION INC: $5,000,000 over 1y, 5.8% of budgetNATIONAL RECREATION AND PARK ASSOCIATION: $5,000,000 over 2y, 15% of budgetWORLD RESOURCES INSTITUTE: $4,747,794 over 4y, 0.8% of budgetDIGITAL GREEN FOUNDATION: $4,700,000 over 2y, 25% of budgetFood Research & Action Center: $4,527,256 over 5y, 29% of budgetSUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION: $4,422,000 over 4y, 19% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $4,185,000 over 6y, 0.1% of budgetWOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS: $3,953,183 over 3y, 5.8% of budgetEquitable Food Initiative: $3,902,090 over 3y, 80% of budgetSUSTAINABLE FISHERY ADVOCATES: $3,805,386 over 4y, 60% of budgetINTERNATIONAL JUSTICE MISSION: $3,801,040 over 2y, 3.4% of budgetNATIONAL WIC ASSOCIATION: $3,727,697 over 4y, 19% of budgetmRelief: $3,724,402 over 4y, 37% of budgetHEIFER INTERNATIONAL FOUNDATION: $3,700,000 over 2y, 24% of budgetGRAMEEN FOUNDATION USA: $3,649,514 over 2y, 25% of budgetTHE URBAN INSTITUTE: $3,648,958 over 2y, 2.4% of budgetTHE TRUST FOR PUBLIC LAND: $3,505,000 over 2y, 0.8% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds Feeding America ↗
  • Who funds THE NATURE CONSERVANCY ↗
  • Who funds TECHNOSERVE INC ↗
  • Who funds CONSERVATION INTERNATIONAL FOUNDATION ↗
  • Who funds NATIONAL COUNCIL ON AGING INC ↗
  • Who funds American Heart Association Inc ↗
  • Who funds National Council of YMCAs of the USA ↗
  • Who funds National 4-H Council ↗
  • Who funds UNIDOSUS ↗
  • Who funds THE RECYCLING PARTNERSHIP INC ↗
  • Who funds BENEFITS DATA TRUST ↗
  • Who funds FOODCORPS INC ↗
  • Who funds Center on Budget and Policy Priorities ↗
  • Who funds WORLD WILDLIFE FUND INC ↗
  • Who funds THE ASPEN INSTITUTE INC ↗
  • Who funds Mercy Corps ↗
  • Who funds ROCKEFELLER PHILANTHROPY ADVISORS INC ↗
  • Who funds WAL-MART ASSOCIATES IN CRITICAL NEED FUND ↗
  • Who funds JOBS FOR THE FUTURE INC ↗
  • Who funds Crystal Bridges-Museum of American Art Inc ↗
  • Who funds SHARE OUR STRENGTH ↗
  • Who funds THE ST BERNARD PROJECT INC ↗
  • Who funds CODE FOR AMERICA LABS INC ↗
  • Who funds ROOT CAPITAL INC ↗
  • Who funds GOODWILL INDUSTRIES INTERNATIONAL INC ↗
  • Who funds RAINFOREST ALLIANCE INC ↗
  • Who funds POLARIS PROJECT ↗
  • Who funds AMERICAN IMMIGRATION COUNCIL ↗
  • Who funds INTERNATIONAL RESEARCH & EXCHANGES BOARD INC ↗
  • Who funds NORTHWEST ARKANSAS FOOD BANK ↗
  • Who funds MERCY HEALTH FOUNDATION NORTHWEST ARKANSAS ↗
  • Who funds UNITED NATIONS FOUNDATION INC ↗
  • Who funds NATIONAL RECREATION AND PARK ASSOCIATION ↗
  • Who funds WORLD RESOURCES INSTITUTE ↗
  • Who funds DIGITAL GREEN FOUNDATION ↗
  • Who funds Food Research & Action Center ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Arkansas Community Fo…Walton Family Foundat…The Schmieding Founda…Alice L Walton Founda…Excellerate Foundatio…Arvest FoundationTyson Family Foundati…Pure IncRoy and Christine Stu…Willard & Pat Walker …McKinney C & a Charit…Excellerate Foundation
Arkansas Community Foundation IncAR94× affinity123 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Arkansas Community Foundation Inc · Walton Family Foundation Inc · The Schmieding Foundation · Alice L Walton Foundation · Excellerate Foundation Charitable Support · Arvest Foundation · Tyson Family Foundation Inc · Pure Inc · Roy and Christine Sturgis Charitable And · Willard & Pat Walker Charitable Foundation Inc · McKinney C & a Charitable Trust · Excellerate Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Wal-Mart Foundation funds: left to right is the share of its income from government, bottom to top the share from Wal-Mart Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 90%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 19%
  • Lutheran Immigration & Refugee Service Inc Dba Global Refuge: 100% of income from government
  • Mercy Corps: 47% of income from government
  • Health Resources in Action Inc: 39% of income from government
  • Goodwill Industries International Inc: 35% of income from government
  • Massachusetts Institute of Technology: 35% of income from government
  • Save the Children Federation Inc: 30% of income from government
  • Foodcorps Inc: 21% of income from government
  • Verite Inc: 19% of income from government
  • Trustees of Tufts College: 13% of income from government
  • Johns Hopkins University: 12% of income from government
  • Jobs for the Future Inc: 11% of income from government
  • Root Capital Inc: 9% of income from government
  • President and Fellows of Harvard College: 7% of income from government
  • Feeding South Florida Inc: 5% of income from government
  • Volunteer Florida Foundation Inc: 2% of income from government
no gov moneyreceives it· size = income
9get no government money at all
44report government grants on their 990 we could not trace to a source (not plotted)
1rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 1055 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Wal-Mart’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home