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Also known as: CHARITABLE FOUNDATION
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Dwane L And Velma Lunt Wallace is a private trust based in WICHITA, KS. The foundation received its IRS ruling in 1989. It holds total assets of $55.7M. Annual income is reported at $14.7M. Total assets have grown from $7.5M in 2010 to $55.7M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Kansas. According to available records, Dwane L And Velma Lunt Wallace has made 139 grants totaling $11.1M, with a median grant of $25K. Annual giving has grown from $3.2M in 2020 to $7.9M in 2022. Individual grants have ranged from $1K to $725K, with an average award of $80K. The foundation has supported 67 unique organizations. Grants have been distributed to organizations in Kansas and Missouri and Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$82K
Largest Grant
$414K
Based on 39 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.
Dwane L And Velma Lunt Wallace is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 139 grants. Its grantmaking reaches organizations primarily in KS, MO, NV.
Dwane L And Velma Lunt Wallace has distributed a total of $11.1M across 139 grants. The median grant size is $25K, with an average of $80K. Individual grants have ranged from $1K to $725K.
Awards must qualify for charitable contributions under sec. 170(c), 2055(a), and/or 2522(a) and are limited to recipients in the wichita, kansas area and secondarily within the state of kansas.
Dwane L And Velma Lunt Wallace is headquartered in WICHITA, KS. While based in KS, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert M Hughes | TRUSTEE | $35K | $0 | $35K |
| Douglas J Brehm | TRUSTEE | $35K | $0 | $35K |
| Sarah W Bracco | TRUSTEE | $20K | $0 | $20K |
| Linda Wallace Jones | TRUSTEE | $20K | $0 | $20K |
| James A Johnson | TRUSTEE | $20K | $0 | $20K |
Total Giving
N/A
Total Assets
$55.7M
Fair Market Value
N/A
Net Worth
$55.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
139
Total Giving
$11.1M
Average Grant
$80K
Median Grant
$25K
Unique Recipients
67
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sedgwick County Zoological SocietyPER GRANT AGREEMENT | Wichita, KS | $725K | 2022 |
| Fundamental Learning Center IncPER GRANT AGREEMENT | Wichita, KS | $414K | 2022 |
| Wichita Children'S HomePER GRANT AGREEMENT | Wichita, KS | $352K | 2022 |
| Wichita Public Library FoundationADVANCED LEARNING CENTER LIBRARY PROJECT | Wichita, KS | $300K | 2022 |
| Ku Endowment AssnPER GRANT AGREEMENT | Lawrence, KS | $200K | 2022 |
| Wichita Family Crisis CenterPER GRANT AGREEMENT | Wichita, KS | $200K | 2022 |
| Friends UniversityRINEY FINE ARTS CENTER RENOVATIONS | Wichita, KS | $200K | 2022 |
| Pbs KansasPER GRANT AGREEMENT | Wichita, KS | $125K | 2022 |
| Kansas Health Science CenterPER GRANT AGREEMENT | Wichita, KS | $125K | 2022 |
| Newman University IncRENOVATIONS IN DUGAN LIBRARY | Wichita, KS | $100K | 2022 |
| Kvc FoundationPROXIMITY DEVICES | Wichita, KS | $100K | 2022 |
| Hunter Health ClinicCOMMUNITY WELLNESS CENTER | Wichita, KS | $100K | 2022 |
| Child Advocacy Center Of Sedgwick CountyEDUCATION, PREVENTION, AND OUTREACH SERVICES | Wichita, KS | $75K | 2022 |
| Center For Behavioral & Academic ResearchPASSPORT TO FREEDOM PROGRAM | Wichita, KS | $63K | 2022 |
| Children First Ceo Of Kansas IncNEW CARGO VAN | Wichita, KS | $54K | 2022 |
| League 42 FoundationPER GRANT AGREEMENT | Wichita, KS | $50K | 2022 |
| Kansas Foodbank WarehouseFRESH PRODUCE PROGRAM | Wichita, KS | $50K | 2022 |
| Bike Walk Wichita IncASSIST WITH THE PURCHASE OF A DOWNTOWN PROPERTY TO SERVE AS A GATHERING PLACE | Wichita, KS | $50K | 2022 |
| Camp Wood YmcaFEET UP CAMPAIGN | Elmdale, KS | $50K | 2022 |
| American Red CrossBLOOD DRIVES | Wichita, KS | $45K | 2022 |
| Episcopal Social Services IncASSISTANCE WITH PURCHASE OF TWO VEHICLES | Wichita, KS | $35K | 2022 |
| Senior Services Inc Of WichitaMEALS ON WHEELS PROGRAM | Wichita, KS | $35K | 2022 |
| The Nature ConservancyTERRACE LANE FARM PROJECTS | Topeka, KS | $35K | 2022 |
| Alzheimer'S AssociationALZ CARES PROGRAM | Wichita, KS | $31K | 2022 |
| The Pando InitiativeCHECK AND CONNECT ATTITUDES MODEL | Wichita, KS | $30K | 2022 |