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Kane Wallace Foundation is a private trust based in CONCORD, MA. The foundation received its IRS ruling in 1999. The principal officer is % Edward W Kane. It holds total assets of $35.2M. Annual income is reported at $8.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kane Wallace Foundation has made 178 grants totaling $7.1M, with a median grant of $5K. The foundation has distributed between $1.9M and $3.2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.2M distributed across 92 grants. Individual grants have ranged from $250 to $1M, with an average award of $40K. The foundation has supported 62 unique organizations. The foundation primarily supports organizations in Massachusetts, Rhode Island, Pennsylvania, which account for 83% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Kane Wallace Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 178 grants. Its grantmaking reaches organizations primarily in MA, RI, PA.
Kane Wallace Foundation has distributed a total of $7.1M across 178 grants. The median grant size is $5K, with an average of $40K. Individual grants have ranged from $250 to $1M.
Kane Wallace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kane Wallace Foundation is headquartered in CONCORD, MA. While based in MA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martha J Wallace | TRUSTEE, NONE | $0 | $0 | $0 |
| Edward W Kane | TRUSTEE, NONE | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$34.7M
Fair Market Value
$54.7M
Net Worth
$34.7M
Grants Paid
$1.9M
Contributions
$2.1M
Net Investment Income
$3.9M
Distribution Amount
$2.4M
Total: $30.4M
Total Grants
178
Total Giving
$7.1M
Average Grant
$40K
Median Grant
$5K
Unique Recipients
62
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wallace Kane Charitable Gift FundUNRESTRICTED | Concord, MA | $1M | 2023 |
| Appalachian Mountain ClubUNRESTRICTED | Boston, MA | $300K | 2023 |
| Native Plant TrustUNRESTRICTED | Framingham, MA | $100K | 2023 |
| Northern Forest CenterUNRESTRICTED | Concord, NH | $55K | 2023 |
| Historic Morven IncUNRESTRICTED | Princeton, NJ | $50K | 2023 |
| Concord MuseumUNRESTRICTED |
| Concord, MA |
| $32K |
| 2023 |
| The Umbrella Community Arts CenterUNRESTRICTED | Concord, MA | $32K | 2023 |
| Funderburg Scholars IncUNRESTRICTED | Concord, MA | $30K | 2023 |
| Save The Bay IncUNRESTRICTED | Providence, RI | $26K | 2023 |
| American Antiquarian SocietyUNRESTRICTED | Worcester, MA | $25K | 2023 |
| Winterthur MuseumUNRESTRICTED | Wilmington, DE | $25K | 2023 |
| Preservation Society Of Newport CountyUNRESTRICTED | Newport, RI | $25K | 2023 |
| Morris ArboretumUNRESTRICTED | Morris, IL | $25K | 2023 |
| Newport Art MuseumUNRESTRICTED | Newport, RI | $21K | 2023 |
| First Parish In ConcordUNRESTRICTED | Concord, MA | $19K | 2023 |
| Newport Historical SocietyUNRESTRICTED | Newport, RI | $18K | 2023 |
| Unitarian Universalist Urban MinistryUNRESTRICTED | Roxbury, MA | $15K | 2023 |
| Historic Society Of PennaUNRESTRICTED | Fort Washington, PA | $15K | 2023 |
| Metropolitan Museum Of ArtUNRESTRICTED | New York, NY | $12K | 2023 |
| Concord Land Conservation TrustUNRESTRICTED | Concord, MA | $10K | 2023 |
| Herreshoff Marine MuseumUNRESTRICTED | Bristol, RI | $10K | 2023 |
| National Sailing Hall Of Fame Museum IncUNRESTRICTED | Newport, RI | $10K | 2023 |
| Concord Carlisle Community ChestUNRESTRICTED | Concord, MA | $10K | 2023 |
| National Maritime Historical SocietyUNRESTRICTED | Peekskill, NY | $10K | 2023 |
| Library Company Of PhiladelphiaUNRESTRICTED | Philadelphia, PA | $10K | 2023 |
| Redwood Library & AthenaeumUNRESTRICTED | Newport, RI | $10K | 2023 |
| Newport Performing Arts CenterUNRESTRICTED | Newport, RI | $10K | 2023 |
| Historic TrappeUNRESTRICTED | Trappe, PA | $5K | 2023 |
| Lucys HearthUNRESTRICTED | Middletown, RI | $5K | 2023 |
| Dr Martin Luther King Jr Community CenterUNRESTRICTED | Newport, RI | $5K | 2023 |
| Decorative Arts TrustUNRESTRICTED | Media, PA | $5K | 2023 |
| Nashoba Brooks SchoolUNRESTRICTED | Concord, MA | $5K | 2023 |
| Planned Parenthood Federation Of America IncUNRESTRICTED | New York, NY | $3K | 2023 |
| Aquidneck Land TrustUNRESTRICTED | Middletown, RI | $3K | 2023 |
| The Concord BridgeUNRESTRICTED | Concord, MA | $3K | 2023 |
| Haiti ProjectsUNRESTRICTED | Hanover, MA | $3K | 2023 |
| Concord Free Public LibraryUNRESTRICTED | Concord, MA | $3K | 2023 |
| Open Table IncUNRESTRICTED | Concord, MA | $1K | 2023 |
| Norman Bird Sanctuary Trust Ri Hospital TrustUNRESTRICTED | Middletown, RI | $1K | 2023 |
| Gaining GroundUNRESTRICTED | Concord, MA | $1K | 2023 |
| Sea Education AssociationUNRESTRICTED | Woods Hole, MA | $1K | 2023 |
| Massachusetts Rivers AllianceUNRESTRICTED | Boston, MA | $1K | 2023 |
| Unitarian Universalist Service CommitteeUNRESTRICTED | Cambridge, MA | $1K | 2023 |
| The Farm School IncUNRESTRICTED | Athol, MA | $1K | 2023 |
| Household Goods IncUNRESTRICTED | Acton, MA | $500 | 2023 |
| New York Yacht Club FoundationUNRESTRICTED | New York, NY | $328 | 2023 |
| Nh AudobonUNRESTRICTED | Concord, NH | $250 | 2023 |
| Mystic Seaport Museum IncUNRESTRICTED | Mystic, CT | $250K | 2022 |
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