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Also known as: FAMILY FOUNDATION INC
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Donald W Wallace And Erika R Wallace Family Foundation Inc. is a private corporation based in THONOTOSASSA, FL. The foundation received its IRS ruling in 2014. The principal officer is Donald W Wallace. It holds total assets of $301K. Annual income is reported at $104K. Total assets have decreased from $619K in 2013 to $285K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Florida and New York. According to available records, Donald W Wallace And Erika R Wallace Family Foundation Inc. has made 7 grants totaling $142K, with a median grant of $23K. The foundation has distributed between $66K and $76K annually from 2022 to 2023. Individual grants have ranged from $15K to $26K, with an average award of $20K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$6K
Average Grant
$6K
Largest Grant
$8K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Donald W Wallace And Erika R Wallace Family Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in FL, NY.
Donald W Wallace And Erika R Wallace Family Foundation Inc. has distributed a total of $142K across 7 grants. The median grant size is $23K, with an average of $20K. Individual grants have ranged from $15K to $26K.
Donald W Wallace And Erika R Wallace Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Donald W Wallace And Erika R Wallace Family Foundation Inc. is headquartered in THONOTOSASSA, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald W Wallace | DIRECTOR & PRESIDENT | $0 | $0 | N/A |
| Erika R Wallace | DIRECTOR | $0 | $0 | N/A |
| Gina Space | DIRECTOR | $0 | $0 | N/A |
| Malinda Webster | DIRECTOR | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$285K
Fair Market Value
$285K
Net Worth
$285K
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$14K
Total: N/A
Total Grants
7
Total Giving
$142K
Average Grant
$20K
Median Grant
$23K
Unique Recipients
3
Most Common Grant
$23K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of The County Parks And Recreation Departmen IncTO SUPPORT THE ORGANIZATION | Tierra Verde, FL | $26K | 2023 |
| Christian Congregation Of Jehovahs WitnessesTO SUPPORT THE ORGANIZATION | Wallkill, NY | $23K | 2023 |
| Tbmw IncTO SUPPORT THE ORGANIZATION | Valrico, FL | $17K | 2023 |