Walnut Foundation

Billings, MT
Tax-exempt since July 2004
EIN: 20-1049109

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$20.3k (2024)

Expenses

$26.9k (2024)

Total Assets

$414k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending April
2024

Revenue

$20,254

Expenses

$26,915

Net Income

-$6,661

Net Assets

$413,836

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$20,254	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	92.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$413,836
Total Liabilities	$0
Net Assets	$413,836

Compensation

Key Employees and Officers	Compensation	Other
Michael Jackson (President)	$0	$0

990-PF

Filed on March 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2023

Revenue

$1,711

Expenses

$30,742

Net Income

-$29,031

Net Assets

$420,497

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,632	> 100%
Sales of Assets	-$5,921
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	81.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$420,497
Total Liabilities	$0
Net Assets	$420,497

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on March 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending April
2022

Revenue

$36,002

Expenses

$35,794

Net Income

$208

Net Assets

$399,304

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,893	19.1%
Sales of Assets	$29,109	80.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	69.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$399,304
Total Liabilities	$0
Net Assets	$399,304

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Feb. 24, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2021

Revenue

$30,411

Expenses

$31,960

Net Income

-$1,549

Net Assets

$399,095

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,724	25.4%
Sales of Assets	$15,714	51.7%
Other Income	$6,973	22.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	78.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$399,096
Total Liabilities	$1
Net Assets	$399,095

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Dec. 2, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending April
2020

Revenue

$10,505

Expenses

$35,430

Net Income

-$24,925

Net Assets

$400,644

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,405	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	70.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$400,645
Total Liabilities	$1
Net Assets	$400,644

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on March 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending April
2019

Revenue

$20,464

Expenses

$65,913

Net Income

-$45,449

Net Assets

$425,570

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,755	62.3%
Sales of Assets	$7,709	37.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,000	75.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$425,570
Total Liabilities	$0
Net Assets	$425,570

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Dec. 2, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2018

Revenue

$16,442

Expenses

$8,732

Net Income

$7,710

Net Assets

$471,019

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,261	80.7%
Sales of Assets	$3,181	19.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$471,019
Total Liabilities	$0
Net Assets	$471,019

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on March 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2017

Revenue

$70,565

Expenses

$34,364

Net Income

$36,201

Net Assets

$463,309

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,732	16.6%
Sales of Assets	$58,833	83.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,888	75.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$463,309
Total Liabilities	$0
Net Assets	$463,309

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on March 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending April
2016

Revenue

$24,796

Expenses

$35,174

Net Income

-$10,378

Net Assets

$427,108

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,189	49.2%
Sales of Assets	$12,607	50.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,874	73.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$427,108
Total Liabilities	$0
Net Assets	$427,108

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Nov. 29, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2015

Revenue

$39,521

Expenses

$34,515

Net Income

$5,006

Net Assets

$437,486

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,721	27.1%
Sales of Assets	$28,800	72.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,852	72.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$437,486
Total Liabilities	$0
Net Assets	$437,486

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Sept. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2014

Revenue

$28,284

Expenses

$33,140

Net Income

-$4,856

Net Assets

$432,480

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,958	35.2%
Sales of Assets	$18,326	64.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,892	72.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$432,480
Total Liabilities	$0
Net Assets	$432,480

Compensation

Key Employees and Officers	Compensation	Other
M Charles Jackson (President)	$0	$0
Michael Jackson (Sec/Treas)	$0	$0

990-PF

Filed on Sept. 10, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending April
2013

Revenue

$21,253

Expenses

$31,923

Net Income

-$10,670

Net Assets

$437,335

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,438	49.1%
Sales of Assets	$10,815	50.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,362	73.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$437,336
Total Liabilities	$1
Net Assets	$437,335

990-PF

Filed on Jan. 8, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2012

Revenue

$22,027

Expenses

$33,705

Net Income

-$11,678

Net Assets

$448,005

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,232	46.5%
Sales of Assets	$11,795	53.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,035	74.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$448,006
Total Liabilities	$1
Net Assets	$448,005

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2011

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending April
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending April
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated March 23, 2026

Walnut Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $20.3k (2024)

Expenses $26.9k (2024)

Total Assets $414k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending April 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$20.3k (2024)

Expenses

$26.9k (2024)

Total Assets

$414k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending April
2024

Fiscal Year Ending April
2023

Fiscal Year Ending April
2022

Fiscal Year Ending April
2021

Fiscal Year Ending April
2020

Fiscal Year Ending April
2019

Fiscal Year Ending April
2018

Fiscal Year Ending April
2017

Fiscal Year Ending April
2016

Fiscal Year Ending April
2015

Fiscal Year Ending April
2014

Fiscal Year Ending April
2013

Fiscal Year Ending April
2012

Fiscal Year Ending April
2011

Fiscal Year Ending April
2010

Fiscal Year Ending April
2009

Fiscal Year Ending April
2008

Fiscal Year Ending April
2007

Fiscal Year Ending April
2006

Fiscal Year Ending April
2005