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Mary And James G Wallach Foundation is a private corporation based in PURCHASE, NY. The foundation received its IRS ruling in 1968. It holds total assets of $72M. Annual income is reported at $45.4M. Total assets have grown from $3.3M in 2010 to $57.8M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. Grantmaking is concentrated in New York. According to available records, Mary And James G Wallach Foundation has made 99 grants totaling $14.5M, with a median grant of $10K. The foundation has distributed between $1.8M and $6.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $6.9M distributed across 32 grants. Individual grants have ranged from $500 to $1.6M, with an average award of $147K. The foundation has supported 49 unique organizations. The foundation primarily supports organizations in New York, Minnesota, Massachusetts, which account for 90% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$850
Median Grant
$10K
Average Grant
$117K
Largest Grant
$1.5M
Based on 26 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.
Mary And James G Wallach Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 99 grants. Its grantmaking reaches organizations primarily in NY, MN, MA.
Mary And James G Wallach Foundation has distributed a total of $14.5M across 99 grants. The median grant size is $10K, with an average of $147K. Individual grants have ranged from $500 to $1.6M.
Mary And James G Wallach Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mary And James G Wallach Foundation is headquartered in PURCHASE, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Howard Herman | SECRETARY/TREASURER | $0 | $0 | N/A |
| Scott Wallach | VICE-PRESIDENT | $0 | $0 | N/A |
| Mary Wallach | PRESIDENT | $0 | $0 | N/A |
| Andrew Wallach | VICE-PRESIDENT | $0 | $0 | N/A |
Total Giving
$3.6M
Total Assets
$57.8M
Fair Market Value
$84.7M
Net Worth
$57.8M
Grants Paid
$2.8M
Contributions
N/A
Net Investment Income
$2.3M
Distribution Amount
$3.5M
Total Grants
99
Total Giving
$14.5M
Average Grant
$147K
Median Grant
$10K
Unique Recipients
49
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York PhilharmonicGENERAL SUPPORT | New York, NY | $1.4M | 2023 |
| Metropolitan Museum Of ArtGENERAL SUPPORT | New York, NY | $800K | 2023 |
| Westchester Community College Foundation IncGENERAL SUPPORT | Valhalla, NY | $200K | 2023 |
| Central Park Conservancy IncGENERAL SUPPORT | New York, NY | $100K | 2023 |
| International Rescue Committee IncGENERAL SUPPORT | Albert Lea, MN | $60K | 2023 |
| Trustees Of Columbia UniversityGENERAL SUPPORT | New York, NY | $50K | 2023 |
| Thompson Arts Center At Park Avenue ArmoryGENERAL SUPPORT | New York, NY | $30K | 2023 |
| Lupus Research Alliance IncGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Japanese Art Society Of AmericaGENERAL SUPPORT | Harwich Port, MA | $20K | 2023 |
| Carnegie Hall CorporationGENERAL SUPPORT | New York, NY | $13K | 2023 |
| Metropolitan OperaGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Giffords Law Center To Prevent Gun ViolenceGENERAL SUPPORT | San Francisco, CA | $5K | 2023 |
| Jay Heritage CenterGENERAL SUPPORT | Rye, NY | $5K | 2023 |
| American Museum Of Natural HistoryGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Young Concert Artists IncGENERAL SUPPORT | New York, NY | $2K | 2023 |
| New York Botanical GardenGENERAL SUPPORT | Bronx, NY | $2K | 2023 |
| New York Historical SocietyGENERAL SUPPORT | New York, NY | $1K | 2023 |
| New York Youth Symphony IncGENERAL SUPPORT | New York, NY | $500 | 2023 |
| American Jewish CommitteeGENERAL PURPOSE | New York, NY | $10K | 2022 |
| National Philanthropic TrustGENERAL PURPOSE | Jenkintown, PA | $10K | 2022 |
| City MealsGENERAL PURPOSE | New York, NY | $5K | 2022 |
| Focus For FutureGENERAL PURPOSE | New York, NY | $5K | 2022 |
| Prep For PrepGENERAL PURPOSE | New York, NY | $5K | 2022 |
| WnetGENERAL PURPOSE | New York, NY | $500 | 2022 |