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Wallace And Baum Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2001. The principal officer is Holly B Wallace. It holds total assets of $1.5M. Annual income is reported at $350K. Total assets have grown from $665K in 2011 to $1.5M in 2024. The foundation is governed by 3 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 2015 to 2024. The foundation primarily funds organizations in New York and Pennsylvania. According to available records, Wallace And Baum Family Foundation Inc. has made 19 grants totaling $388K, with a median grant of $10K. The foundation has distributed between $183K and $205K annually from 2021 to 2022. Individual grants have ranged from $5K to $80K, with an average award of $20K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$20K
Largest Grant
$55K
Based on 4 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.
Wallace And Baum Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY, PA.
Wallace And Baum Family Foundation Inc. has distributed a total of $388K across 19 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $5K to $80K.
Wallace And Baum Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wallace And Baum Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Holly B Wallace | PRESIDENT, TREASURER | $0 | $0 | N/A |
| Edwin M Baum | V.P. & SECRETARY | $0 | $0 | N/A |
| Alison Baum | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$388K
Average Grant
$20K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Network For Teaching EntrepreneurshipCHARITABLE - SUPPORTING ENTREPRENEURSHIP EDUCATION PROGRAMS | New York, NY | $55K | 2022 |
| De La Salle AcademyCHARITABLE - EDUCATIONAL | New York, NY | $23K | 2022 |
| Washington & Jefferson CollegeCHARITABLE - EDUCATIONAL | Washington, PA | $10K | 2022 |
| The Calhoun SchoolCHARITABLE - EDUCATIONAL | New York, NY | $5K | 2022 |
| Columbia Business SchoolCHARITABLE - EDUCATIONAL | New York, NY | $5K | 2022 |
| Columbia Law SchoolCHARITABLE - EDUCATIONAL | New York, NY | $5K | 2022 |
| Cornell UniversityCHARITABLE - EDUCATIONAL | Ithaca, NY | $80K | 2021 |