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Walton Family Foundation to "shower cash" on home region
Posted on 8/20/14 at 1:18 pm
Posted on 8/20/14 at 1:18 pm
Over the next 6 years, NW Arkansas and the Delta region are going to get $302 million. The past few years have been crazy (WAC expansion, Kessler Mountain, trails, etc), but its going to get crazier as far as Walton-funded amenities.
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LINK
quote:
The Walton Family Foundation of Bentonville will significantly increase its grants in Northwest Arkansas and the Delta over the next six years, with plans to invest $302 million in what it considers its "home region."
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The foundation defines its home region as Northwest Arkansas and the Delta region of Arkansas and Mississippi.
From 2010 through 2013, the foundation's grants in the home region totaled $25 million to $40 million a year, said Rob Brothers, director of the foundation's home region focus area.
For the next few years, the amount will be between $42 million and $50 million a year, he said
This post was edited on 8/20/14 at 1:20 pm
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Posted on 8/20/14 at 1:35 pm to Numberwang
quote:
The foundation defines its home region as Northwest Arkansas and the Delta region of Arkansas and Mississippi.
As a centralish AR'er I feel like a step child but happy for nwa and the delta- make it rain Walton's.
Posted on 8/20/14 at 1:46 pm to piggilicious
Delta'ish present 
Posted on 8/20/14 at 1:49 pm to Numberwang
Although I've moved to the 479, 212, and now 949
I still rep the 870 errday
Posted on 8/20/14 at 1:58 pm to Numberwang
Wonderful news!
"The Walton Family Foundation of Bentonville will significantly increase its grants in Northwest Arkansas and the Delta over the next six years, with plans to invest $302 million in what it considers its "home region."
The grants will help fund everything from performing arts in Northwest Arkansas to Civil War and cultural heritage tourism in the Delta. In both areas, education will be a priority.
The foundation defines its home region as Northwest Arkansas and the Delta region of Arkansas and Mississippi."
479 and 870 here too.
"The Walton Family Foundation of Bentonville will significantly increase its grants in Northwest Arkansas and the Delta over the next six years, with plans to invest $302 million in what it considers its "home region."
The grants will help fund everything from performing arts in Northwest Arkansas to Civil War and cultural heritage tourism in the Delta. In both areas, education will be a priority.
The foundation defines its home region as Northwest Arkansas and the Delta region of Arkansas and Mississippi."
479 and 870 here too.
This post was edited on 8/20/14 at 2:02 pm
Posted on 8/20/14 at 2:02 pm to SunHog
The natural and arts amenities have been funded greatly recently. I expect more in the form of grants for urban planning and incentives for infill development. Everything released by the WFF lately has talked about "creating places" and improving the livability of the NWA cities.
Posted on 8/20/14 at 2:26 pm to Numberwang
Sure do wish the Waltons could somehow facilitate that I-49 corridor thing. I would imagine it would help a lot, logistically, with their delivery routes and such.
Posted on 8/20/14 at 2:29 pm to ocelot4ark
quote:
Sure do wish the Waltons could somehow facilitate that I-49 corridor thing. I would imagine it would help a lot, logistically, with their delivery routes and such.
They will indirectly with infrastructure. You bet they will lean on AHTD as they push the communities onward.
Posted on 8/20/14 at 2:49 pm to SunHog
frick some bitches up, Walton Family Foundation.
Posted on 8/20/14 at 2:55 pm to ocelot4ark
Alice scoffs at a paltry $302 million with her billion dollar art museum.
I'm not sure the value of the Foundation's holdings, but it is massive. They're even throwing Mississippi a bone.
I'm not sure the value of the Foundation's holdings, but it is massive. They're even throwing Mississippi a bone.
Posted on 8/20/14 at 3:08 pm to Numberwang
I'm from the 870. You would not believe some of the athletes from this part of the state. If there was an educational support system and better facilities in the schools they would be churning out D1 talent.
Good to see some money going that way no matter what the intention is.
Good to see some money going that way no matter what the intention is.
Posted on 8/20/14 at 3:12 pm to Numberwang
quote:
I'm not sure the value of the Foundation's holdings, but it is massive. They're even throwing Mississippi a bone.
According to the article Sam started it with $172MM donation and she currently sits at $2.1 billion..
Posted on 8/20/14 at 3:24 pm to SunHog
quote:
According to the article Sam started it with $172MM donation and she currently sits at $2.1 billion..
They'd only have to have an annual return of around 2% to fund these donations. Sheesh.
Posted on 8/20/14 at 3:27 pm to Numberwang
870
well use to be...at least it will help momma 'nem
well use to be...at least it will help momma 'nem
Posted on 8/20/14 at 3:54 pm to sugatowng
Buddy's going out with a bang!
The foundations tax returns are public record btw.
The foundations tax returns are public record btw.
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