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Posner-Wallace Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1958. The principal officer is Foundation Source. It holds total assets of $3.6M. Annual income is reported at $789K. The foundation is governed by 11 officers and trustees. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in New York, California and District of Columbia. According to available records, Posner-Wallace Foundation has made 983 grants totaling $1.4M, with a median grant of $500. The foundation has distributed between $276K and $878K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $878K distributed across 520 grants. Individual grants have ranged from N/A to $104K, with an average award of $1K. The foundation has supported 330 unique organizations. The foundation primarily supports organizations in New York, Maryland, District of Columbia, which account for 43% of all grants. Grantmaking reaches organizations across 33 states. Contributions to this foundation are tax-deductible.
Posner-Wallace Foundation (PWF) is a closed-door, family-run private foundation, and every public source — its own website, GuideStar, Cause IQ, Instrumentl, Grantmakers.io — agrees on the operative fact: it does not accept unsolicited proposals and is flagged 'preselected only' in its funder profile. There is no LOI form, no portal, no published deadline, and no grants staff; the address on file (501 Silverside Rd, Wilmington, DE) is Foundation Source, the outsourced administrator that runs compliance and grant-processing for hundreds of small family foundations, not a program office. Decisions run through a compact, multigenerational trustee board: Rachel C Smith (Chair, President), Nicholas Posner (CFO/Treasurer), Robert P Smith II (Secretary), James R Posner (Chair Emeritus), plus Jill Prosky, Andrew C Smith, Sarah Smith, Robert P Smith III, and Diana Erbsen as trustees, with Shelby Lynn Smith and Stephanie Posner seated as 'Associate Trustees' — a next-generation on-ramp common in family foundations preparing for succession. Trustee stipends are modest and flat ($5,000 for the chair, $3,333 for others), consistent with a foundation that runs on family volunteer time rather than professional staff. The grantee list is dominated by repeat, multi-year relationships rather than one-off awards: Children's Theatre Company has received 8 separate grants totaling $90,000 tied to the foundation's 'Talent & Career Pathways' initiative, Dorot Inc. has received 5 grants ($43,000) under the same program, and dozens of smaller nonprofits (food banks, reentry programs, Jewish and Israel-focused charities, international relief groups) show 3-4 recurring 'General & Unrestricted' gifts apiece. First-time applicants should not expect to break in cold. The realistic path is a warm introduction — through a shared board connection, a professional advisor (trustee Diana Erbsen's background suggests legal/estate-planning referral channels are plausible), or an existing PWF grantee willing to vouch for a new organization, especially one already working in reentry, youth talent development, hunger relief, or Jewish community services.
PWF's giving is bifurcated into two tiers. The bulk of its roughly 229 most recent grants cluster tightly around a median of just $500 (average $1,576, range $100-$65,000) — small, loyalty-style gifts spread across a very long list of nonprofits. Layered on top is a smaller set of larger, strategic, multi-year commitments: ImpactAssets Inc. has received $316,200 across 4 grants (largely routed to the BlackRock Impact Opportunities Fund, an impact-investing vehicle rather than a program grant), Children's Theatre Company $90,000 across 8 installments, and Dorot Inc. $43,000 across 5 installments, both under the 'Talent & Career Pathways' banner. Total annual giving has ranged from $244,960 (2019) to a peak of $510,126 (2022), pulling back to $366,323 in 2023 — a pattern that tracks net investment income (which swung from $524,357 in 2021 down to roughly $243K-$284K in 2022-23) rather than a deliberate budget cut. Total assets have drifted down slightly, from $4.35M (2013) to $3.61M (2024); the foundation has received essentially no new contributions since a single $1.29M infusion in 2012, meaning it is effectively spending down investment returns on a fixed corpus rather than fundraising. Geographically, grants concentrate heavily in three states that match the foundation's declared geographic focus: New York (258 of 983 tracked grants, 26%), California (176, 18%), and DC (124, 13%), with Massachusetts, Maryland, Pennsylvania, Florida, Virginia, and Washington each in the 30-45 grant range. Programmatically, the portfolio spans hunger and food security (Capital Area Food Bank, City Harvest, MAZON, DC Central Kitchen, Second Harvest of Silicon Valley), reentry and workforce development (Doe Fund, Hudson Link, NY Theological Seminary's Sing Sing MPS program), Jewish and Israel-focused giving (New Israel Fund, American Jewish World Service, JDC, PEF Israel Endowment Funds), international humanitarian relief (MSF/Doctors Without Borders, IRC, Americares, Free Wheelchair Mission), and education (Sidwell Friends School, Children's Health Council, plus a family-named Stanley I. Posner Prize Fund at Kogod School of Business — direct evidence of personal family ties driving selection).
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Posner-Wallace Foundation | $3.6M | $366K-$510K (2021-23) | Human services, reentry/workforce, Jewish/Israel causes, int'l relief | Invite-only (preselected) |
| Mike & Linda Fiterman Family Foundation | $33.8M | ~$3.0M (114 grants, 2024) | Jewish causes, human services, general operating support | Closed, no unsolicited requests |
| Typical Foundation Source-administered family foundation | Often $1M-$10M | Often under $500K | Founder/family personal interests, general operating support | Mostly closed, relationship-driven |
PWF sits at the small end of even this closed-door peer set — a tenth the size of Fiterman in assets and giving, but sharing the same structural DNA: no staff, a family trustee board, no unsolicited-proposal channel, and a strong preference for unrestricted operating gifts over project grants. Both foundations lean into causes tied to the founding family's personal and religious identity (Jewish community and Israel-focused giving in both cases), reinforcing that entry for outside applicants comes through relationships, not applications, regardless of a family foundation's size.
No news coverage, press releases, or public announcements specific to Posner-Wallace Foundation were found for 2025 or 2026 across web search, the foundation's own website, or philanthropy-sector trade press — consistent with a foundation that has no communications function and does not publicize its grantmaking. The most recent financial data available (FY2024, per the foundation's IRS filing) shows total assets of $3,613,395 and total revenue of $462,338, but the corresponding grants-paid figure for FY2024 was not yet available in filed form as of this research, meaning the last fully reported grant year is FY2023 ($283,320 paid, $366,323 in total giving). Leadership has been stable: Rachel C Smith continues as Chair, President, and Trustee, with James R Posner holding Chair Emeritus status, and Nicholas Posner and Robert P Smith II serving as CFO/Treasurer and Secretary respectively. The clearest sign of forward motion is generational: Shelby Lynn Smith and Stephanie Posner both hold 'Associate Trustee' roles, a common family-foundation mechanism for bringing the next generation into governance before they take voting trustee seats — worth watching, since incoming trustees at family foundations of this size often nudge giving toward new causes over a 3-5 year horizon. Absent any public grant guidelines page, opportunities URL, or contact form, the most recent verifiable 'activity' is the pattern of repeat multi-year gifts to the Talent & Career Pathways cohort (Children's Theatre Company, Dorot, I-EARN, New York Theological Seminary), which shows continued, active funding into the most recent 990 filing year rather than a wind-down.
The single most important fact for any prospective applicant: PWF states plainly that it does not accept unsolicited grant requests, and third-party trackers (GuideStar, Cause IQ, Grantmakers.io) all confirm 'preselected only' status — a cold LOI, email, or portal submission will not be reviewed because no such review process exists. There is no published deadline, application form, or program officer to contact, and the foundation's listed administrative address (c/o Foundation Source, 501 Silverside Rd, Wilmington, DE 19809) is a back-office compliance vendor, not a place to send proposals. The realistic strategy is relationship-building, not application-writing: identify whether your organization, board, or a close partner has any connection to the Posner or Smith families, to current trustees (Rachel C Smith, Nicholas Posner, Robert P Smith II/III, Jill Prosky, Andrew C Smith, Sarah Smith, Diana Erbsen), or to an existing grantee in PWF's recurring cohort — especially the 'Talent & Career Pathways' partners (Children's Theatre Company, Dorot, I-EARN, New York Theological Seminary) or the food-security, reentry, and Jewish/Israel-focused organizations that appear year after year. When a genuine introduction does happen, come prepared to make a general-operating case rather than pitch a specific project: PWF's grant history shows an overwhelming preference for 'General & Unrestricted' support, and it rewards relationships with repeat, multi-year gifts (Children's Theatre Company received 8 separate installments; Dorot received 5) rather than one-time large awards. Set size expectations realistically — the typical recent grant is just $500, with the average at $1,576; only a handful of long-standing strategic partners reach into five or six figures. A common mistake would be treating this like an open funder and investing in a polished, project-restricted proposal package; that effort is better spent identifying and cultivating the warm-referral path, since the foundation's own materials and every independent database agree it will not read an unsolicited pitch regardless of quality.
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Smallest Grant
$100
Median Grant
$500
Average Grant
$2K
Largest Grant
$65K
Based on 229 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.
PWF's giving is bifurcated into two tiers. The bulk of its roughly 229 most recent grants cluster tightly around a median of just $500 (average $1,576, range $100-$65,000) — small, loyalty-style gifts spread across a very long list of nonprofits. Layered on top is a smaller set of larger, strategic, multi-year commitments: ImpactAssets Inc. has received $316,200 across 4 grants (largely routed to the BlackRock Impact Opportunities Fund, an impact-investing vehicle rather than a program grant), C.
Posner-Wallace Foundation has distributed a total of $1.4M across 983 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from N/A to $104K.
Posner-Wallace Foundation (PWF) is a closed-door, family-run private foundation, and every public source — its own website, GuideStar, Cause IQ, Instrumentl, Grantmakers.io — agrees on the operative fact: it does not accept unsolicited proposals and is flagged 'preselected only' in its funder profile. There is no LOI form, no portal, no published deadline, and no grants staff; the address on file (501 Silverside Rd, Wilmington, DE) is Foundation Source, the outsourced administrator that runs com.
Posner-Wallace Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 33 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel C Smith | Chair, Pres, Trustee | $5K | $0 | $5K |
| James R Posner | Chair Emeritus | $3K | $0 | $3K |
| Robert P Smith Ii | Trustee, Sec | $3K | $0 | $3K |
| Nicholas Posner | Trustee, CFO, Treas | $3K | $0 | $3K |
| Stephanie Posner | Associate Trustee | $0 | $0 | N/A |
| Shelby Lynn Smith | Associate Trustee | $0 | $0 | N/A |
| Robert P Smith Iii | Trustee | $0 | $0 | N/A |
| Sarah Smith | Trustee | $0 | $0 | N/A |
| Jill Prosky | Associate Trustee, Trustee | $0 | $0 | N/A |
| Andrew C Smith | Trustee | $0 | $0 | N/A |
| Diana Erbsen | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.6M
Fair Market Value
N/A
Net Worth
$3.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
983
Total Giving
$1.4M
Average Grant
$1K
Median Grant
$500
Unique Recipients
330
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dorot IncTalent & Career Pathways (TCP) stipends and general operating support | New York, NY | $13K | 2023 |
| Childrens Theatre Companycash-flow support | New York, NY | $10K | 2023 |
| Medecins Sans Frontieres Usa IncGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Building Bridges Across The RiverGeneral & Unrestricted | Washington, DC | $8K | 2023 |
| Mirror StageGeneral & Unrestricted | Seattle, WA | $7K | 2023 |
| American Jewish World Service Incfor the four priority areas outlined in your recent annual report | Etna, NH | $5K | 2023 |
| I Earn IncTalent & Career Pathways | New York, NY | $5K | 2023 |
| AshokaAshoka program in Israel and Central America and for general operating support | Arlington, VA | $5K | 2023 |
| Sidwell Friends SchoolSupervia Endowed Chair | Washington, DC | $5K | 2023 |
| International Rescue Committee Incresettlement of Afghan and Turkish displaced persons outside the US and support general operations of IRC & communities within the US | Albert Lea, MN | $5K | 2023 |
| New Israel FundGeneral & Unrestricted | New York, NY | $5K | 2023 |
| Clear Global IncGeneral & Unrestricted | Garden City, ID | $5K | 2023 |
| Free Wheelchair Missionfor delivery of free wheelchairs to Central America | Irvine, CA | $5K | 2023 |
| Childrens Health Council IncGeneral & Unrestricted | Palo Alto, CA | $5K | 2023 |
| Beads For Education Inc A Non-Profit CorporationGeneral & Unrestricted | Brookfield, CT | $5K | 2023 |
| KeshoHappiness Wambura's Lohada Schools Program | Columbus, OH | $5K | 2023 |
| Washington Jesuit Academyefforts to foster professional & career development of WJA teachers, including travel to other schools/cities and mentoring activities | Washington, DC | $4K | 2023 |
| P E F Israel Endowment Funds Inceducation programs of the Hadassah Academic College (HAC) in Jerusalem under the leadership of Prof. Bertold Fridleder | New York, NY | $3K | 2023 |
| Bnc Alumni Association Incfor MPS students and archive materials about Rev E Muller and for operations of BNC | Brooklyn, NY | $3K | 2023 |
| Urban Institute"Emerging researchers" supported by William Gorham Memorial Fund | Washington, DC | $3K | 2023 |
| American Jewish Joint Distribution Committee IncJDC efforts in Ukraine and related displaced populations | New York, NY | $3K | 2023 |
| Americares Foundation Increcovery efforts in Turkey and Syria | Stamford, CT | $3K | 2023 |
| Mazon Inc A Jewish Response To Hungergeneral operating support and regional operations & communities within the US | Albert Lea, MN | $3K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $3K | 2023 |
| Dc Central Kitchen Incgeneral operations and career training and employment of previously incarcerated individuals | Boston, MA | $3K | 2023 |
| Second Harvest Of Silicon ValleyGeneral & Unrestricted | San Jose, CA | $3K | 2023 |
| Sunflower Bakery IncGeneral & Unrestricted | Rockville, MD | $2K | 2023 |
| CandidGeneral & Unrestricted | New York, NY | $2K | 2023 |
| Congregation B'Nai JeshurunGeneral & Unrestricted | New York, NY | $2K | 2023 |
| Abraham Fund Initiativeseducation programs in the periphery | New York, NY | $2K | 2023 |
| Radio Bilingue IncGeneral & Unrestricted | Fresno, CA | $2K | 2023 |
| Hudson Link For Higher Education In Prison IncIn-prison programming & Re-entry housing | Ossining, NY | $2K | 2023 |
| Exodus Transitional Community Increcovery from fire damage at NYC location | New York, NY | $2K | 2023 |
| Doe Fund IncGeneral & Unrestricted | New York, NY | $2K | 2023 |
| Society For The Advancement Of Judaism100th Anniversary Legacy Fund | New York, NY | $2K | 2023 |
| American Bar Association Fund For Justice And EducTax Section Loretta Collins Argrett Fellowship | Chicago, IL | $2K | 2023 |
| Shakespeare TheatreGeneral & Unrestricted | Washington, DC | $2K | 2023 |
| Guiding Eyes For The Blind IncGeneral & Unrestricted | Yorktown Hts, NY | $2K | 2023 |
| City Harvest IncGeneral & Unrestricted | Brooklyn, NY | $2K | 2023 |
| Clearwater Free Clinic IncGeneral & Unrestricted | Clearwater, FL | $2K | 2023 |
| Gods Love We Deliver IncGeneral & Unrestricted | New York, NY | $2K | 2023 |
| West Side Center For Community Life IncWest Side Campaign Against Hunger (WSCAH) and to foster collaborations with other community-based organizations in NYC | New York, NY | $2K | 2023 |
| Iona Senior ServicesGeneral & Unrestricted | Washington, DC | $2K | 2023 |
| Resource Area For TeachingGeneral & Unrestricted | San Jose, CA | $2K | 2023 |
| Pennsylvania State UniversityColored Conventions Project | University Park, PA | $2K | 2023 |
| Americas Second Harvest Of Tampa Bay IncGeneral & Unrestricted | Tampa, FL | $2K | 2023 |
WILMINGTON, DE
WILMINGTON, DE
WILMINGTON, DE