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Wales Family Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2015. It holds total assets of $327K. Annual income is reported at $33K. Total assets have decreased from $817K in 2014 to $327K in 2024. The foundation is governed by 2 officers and trustees. Organization made contributions to charitable organizations which supports hundreds of individual needs. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2014 to 2024. The foundation primarily funds organizations in Texas and North Carolina. According to available records, Wales Family Foundation has made 10 grants totaling $1.6M, with a median grant of $6K. Annual giving has grown from $18K in 2020 to $1.6M in 2022. Individual grants have ranged from $2K to $802K, with an average award of $164K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Florida and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$450
Median Grant
$2K
Average Grant
$3K
Largest Grant
$10K
Based on 7 grants from the most recent 990-PF filing.
Organization made contributions to charitable organizations which supports hundreds of individual needs
Expenses: $18K
Organization made contributions to charitable organizations which supports hundreds of individual needs. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in FL, TX.
Wales Family Foundation has distributed a total of $1.6M across 10 grants. The median grant size is $6K, with an average of $164K. Individual grants have ranged from $2K to $802K.
Wales Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wales Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James R Wales | PRESIDENT | $0 | $0 | N/A |
| Loretta M Wales | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$327K
Fair Market Value
N/A
Net Worth
$327K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$1.6M
Average Grant
$164K
Median Grant
$6K
Unique Recipients
7
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundCHARITABLE GIFT | Orlando, FL | $802K | 2022 |
| Project Shelter IncCHARITABLE GIFT | Dallas, TX | $6K | 2022 |
| Camp SweeneyCHARITABLE GIFT | Gainesville, TX | $5K | 2022 |
| Project Shelter-GenesisCHARITABLE GIFT | Dallas, TX | $6K | 2020 |
| Vna TexasCHARITABLE GIFT | Dallas, TX | $5K | 2020 |
| Dallas CasaCHARITABLE GIFT | Dallas, TX | $5K | 2020 |
| Cornerstone Crossroads AcademyCHARITABLE GIFT | Dallas, TX | $2K | 2020 |