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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. Total assets have grown from $15.3M in 2011 to $35.2M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Massachusetts, Rhode Island and Pennsylvania. 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.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$46K
Largest Grant
$1.1M
Based on 48 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.
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 | N/A |
| Edward W Kane | TRUSTEE, NONE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$35.2M
Fair Market Value
N/A
Net Worth
$35.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Morris ArboretumUNRESTRICTED | Morris, IL | $25K | 2023 |
| Winterthur MuseumUNRESTRICTED | Wilmington, DE | $25K | 2023 |
| American Antiquarian SocietyUNRESTRICTED | Worcester, MA | $25K | 2023 |
| Preservation Society Of Newport CountyUNRESTRICTED | Newport, RI | $25K | 2023 |
| Newport Art MuseumUNRESTRICTED | Newport, RI | $21K | 2023 |
| First Parish In ConcordUNRESTRICTED | Concord, MA | $19K | 2023 |
| Newport Historical SocietyUNRESTRICTED | Newport, RI | $18K | 2023 |
| Historic Society Of PennaUNRESTRICTED | Fort Washington, PA | $15K | 2023 |
| Unitarian Universalist Urban MinistryUNRESTRICTED | Roxbury, MA | $15K | 2023 |
| Metropolitan Museum Of ArtUNRESTRICTED | New York, NY | $12K | 2023 |
| Redwood Library & AthenaeumUNRESTRICTED | Newport, RI | $10K | 2023 |
| Library Company Of PhiladelphiaUNRESTRICTED | Philadelphia, PA | $10K | 2023 |
| Concord Carlisle Community ChestUNRESTRICTED | Concord, MA | $10K | 2023 |
| National Sailing Hall Of Fame Museum IncUNRESTRICTED | Newport, RI | $10K | 2023 |
| Newport Performing Arts CenterUNRESTRICTED | Newport, RI | $10K | 2023 |
| Herreshoff Marine MuseumUNRESTRICTED | Bristol, RI | $10K | 2023 |
| Concord Land Conservation TrustUNRESTRICTED | Concord, MA | $10K | 2023 |
| National Maritime Historical SocietyUNRESTRICTED | Peekskill, NY | $10K | 2023 |
| Decorative Arts TrustUNRESTRICTED | Media, PA | $5K | 2023 |
| Dr Martin Luther King Jr Community CenterUNRESTRICTED | Newport, RI | $5K | 2023 |
| Lucys HearthUNRESTRICTED | Middletown, RI | $5K | 2023 |
| Nashoba Brooks SchoolUNRESTRICTED | Concord, MA | $5K | 2023 |
| Historic TrappeUNRESTRICTED | Trappe, PA | $5K | 2023 |
| Haiti ProjectsUNRESTRICTED | Hanover, MA | $3K | 2023 |
| Planned Parenthood Federation Of America IncUNRESTRICTED | New York, NY | $3K | 2023 |
| The Concord BridgeUNRESTRICTED | Concord, MA | $3K | 2023 |
| Concord Free Public LibraryUNRESTRICTED | Concord, MA | $3K | 2023 |
| Aquidneck Land TrustUNRESTRICTED | Middletown, RI | $3K | 2023 |
| Open Table IncUNRESTRICTED | Concord, MA | $1K | 2023 |
| Massachusetts Rivers AllianceUNRESTRICTED | Boston, MA | $1K | 2023 |
| Sea Education AssociationUNRESTRICTED | Woods Hole, MA | $1K | 2023 |
| The Farm School IncUNRESTRICTED | Athol, MA | $1K | 2023 |
| Unitarian Universalist Service CommitteeUNRESTRICTED | Cambridge, MA | $1K | 2023 |
| Gaining GroundUNRESTRICTED | Concord, MA | $1K | 2023 |
| Norman Bird Sanctuary Trust Ri Hospital TrustUNRESTRICTED | Middletown, RI | $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 |