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The@Robert L Wallace Jr And Jane B Wallace Foundation is a private trust based in WALL, NJ. The foundation received its IRS ruling in 2003. The principal officer is Garden State Trust Co Ttee. It holds total assets of $2.6M. Annual income is reported at $802K. Total assets have grown from $1.3M in 2011 to $2.6M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New Jersey. According to available records, The@Robert L Wallace Jr And Jane B Wallace Foundation has made 22 grants totaling $585K, with a median grant of $25K. Annual giving has decreased from $354K in 2022 to $231K in 2023. Individual grants have ranged from $10K to $57K, with an average award of $27K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in New Jersey and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$23K
Average Grant
$23K
Largest Grant
$40K
Based on 6 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.
The@Robert L Wallace Jr And Jane B Wallace Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NJ, VA.
The@Robert L Wallace Jr And Jane B Wallace Foundation has distributed a total of $585K across 22 grants. The median grant size is $25K, with an average of $27K. Individual grants have ranged from $10K to $57K.
The@Robert L Wallace Jr And Jane B Wallace Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (576210279) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The@Robert L Wallace Jr And Jane B Wallace Foundation is headquartered in WALL, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Lee Wallace | CO-TRUSTEE | $5K | $0 | $5K |
Total Giving
$275K
Total Assets
$2.6M
Fair Market Value
$3.7M
Net Worth
$2.6M
Grants Paid
$231K
Contributions
N/A
Net Investment Income
$134K
Distribution Amount
$171K
Total Grants
22
Total Giving
$585K
Average Grant
$27K
Median Grant
$25K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CareCHARITABLE PURPOSE | Merrifield, VA | $50K | 2023 |
| United Methodist ChurchCHARITABLE PURPOSE | Morristown, NJ | $50K | 2023 |
| Nj Highlands CoalitionCHARITABLE PURPOSE | Boonton, NJ | $41K | 2023 |
| Great Swamp WatershedCHARITABLE PURPOSE | New Vernon, NJ | $30K | 2023 |
| The Craig SchoolCHARITABLE PURPOSE | Mountain Lakes, NJ | $25K | 2023 |
| Association Of New JerseyCHARITABLE PURPOSE | Mendham, NJ | $15K | 2023 |
| Childrens Dyslexia Centers Of NjCHARITABLE PURPOSE | Scotch Plains, NJ | $10K | 2023 |
| Fdu Scholarship FundCHARITABLE PURPOSE | Teaneck, NJ | $10K | 2023 |
| Great Swamp Watershed AssociationCHARITABLE PURPOSE | New Vernon, NJ | $30K | 2022 |
| United Methodist Church Of MorristoCHARITABLE PURPOSE | Morristown, NJ | $25K | 2022 |
| Association Of New Jersey EnvironmeCHARITABLE PURPOSE | Morristown, NJ | $15K | 2022 |