//
Also known as: CHARITABLE FOUNDATION 1051
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Wallace Barbara And Kelly King Charitable Foundation Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1998. The principal officer is Southwest Bank Ttee. It holds total assets of $886K. Annual income is reported at $905K. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Wallace Barbara And Kelly King Charitable Foundation Trust has made 16 grants totaling $168K, with a median grant of $10K. The foundation has distributed between $48K and $70K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $70K distributed across 8 grants. Individual grants have ranged from $6K to $17K, with an average award of $11K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$13K
Average Grant
$13K
Largest Grant
$17K
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 Barbara And Kelly King Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX.
Wallace Barbara And Kelly King Charitable Foundation Trust has distributed a total of $168K across 16 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $6K to $17K.
Wallace Barbara And Kelly King Charitable Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Wallace Barbara And Kelly King Charitable Foundation Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Simmons Bank | TRUSTEE | $9K | $0 | $9K |
Total Giving
$68K
Total Assets
$881K
Fair Market Value
$881K
Net Worth
$881K
Grants Paid
$48K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$44K
Total Grants
16
Total Giving
$168K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S HealthMEDICAL RESEARCH FOR CANCER | Dallas, TX | $17K | 2020 |
| Texas Health Resources FoundationMEDICAL RESEARCH FOR HEART DISEASE | Arlington, TX | $16K | 2023 |
| Children'S Medical Center FoundationMEDICAL RESEARCH FOR CANCER | Dallas, TX | $16K | 2023 |
| Ut Southwestern Health SystemsMEDICAL RESEARCH FOR ALZHEIMERS | Dallas, TX | $8K | 2023 |
| Baylor Scott & White Dallas FoundationMEDICAL RESEARCH FOR ALZHEIMERS | Dallas, TX | $8K | 2023 |
| Texas Health Presbyterian FoundationMEDICAL RESEARCH FOR HEART DISEASE | Arlington, TX | $17K | 2020 |
| Baylor Research InstituteMEDICAL RESEARCH FOR ALZHEIMERS | Dallas, TX | $9K | 2020 |