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Wallace Fam Foundation is a private trust based in GREENVILLE, SC. The foundation received its IRS ruling in 1998. The principal officer is Merline & Thomas Pa. It holds total assets of $1.4M. Annual income is reported at $463K. Total assets have grown from $1.1M in 2011 to $1.4M in 2022. 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 2022. Grantmaking is concentrated in South Carolina. According to available records, Wallace Fam Foundation has made 33 grants totaling $179K, with a median grant of $3K. Annual giving has grown from $48K in 2020 to $132K in 2022. Individual grants have ranged from $250 to $30K, with an average award of $5K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in South Carolina, Tennessee, Florida, which account for 88% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$350
Median Grant
$4K
Average Grant
$8K
Largest Grant
$30K
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.
Wallace Fam Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in SC, TN, FL.
Wallace Fam Foundation has distributed a total of $179K across 33 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $250 to $30K.
Wallace Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wallace Fam Foundation is headquartered in GREENVILLE, SC. While based in SC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martha W Pellett | Trustee | $0 | $0 | N/A |
Total Giving
$159K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$132K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$93K
Total: $1.3M
Total Grants
33
Total Giving
$179K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
30
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Francis FoundationMedical | Greenville, SC | $10K | 2022 |
| Community FoundationCommunity | Greenville, SC | $5K | 2022 |
| International BalletArt & Dance | Greer, SC | $1K | 2022 |
| Brookgreen GardensCommunity | Pawleys Island, SC | $26K | 2022 |
| Metropolitan Arts CouncilArts | Greenville, SC | $15K | 2022 |
| Vanderbuilt UniversityEducational | Nashville, TN | $15K | 2022 |
| Childrens Museum Of The UpstateEducational | Greenville, SC | $12K | 2022 |
| CitidelEducation | Charleston, SC | $10K | 2022 |
| Greenville County Museum Of ArtArts | Greenville, SC | $9K | 2022 |
| Sarah Gossett HomeSenior Health & Wellness | Greenville, SC | $5K | 2022 |
| FavorAddiction Recovery | Greenville, SC | $5K | 2022 |
| Autism PensacolaHealth & Wellness | Pensacola, FL | $5K | 2022 |
| Foster PawsAnimal Care | Lyman, SC | $3K | 2022 |
| Charleston HopeEducational | Charleston, SC | $3K | 2022 |
| Mildred Ward ScholarshipEducational Schaloar ship fund | Charleston, WV | $1K | 2022 |
| Camperdown AcademyEducation | Greenville, SC | $1K | 2022 |
| Project HostRehabilitation | Greenville, SC | $1K | 2022 |
| Shriners Children'S HospitalChildren's health | Greenville, SC | $1K | 2022 |
| Charleston Childrens MuseumEducational | Charleston, SC | $750 | 2022 |
| Santa Fe Art InstituteArts & Education | Sante Fe, NM | $680 | 2022 |
| Charleston Miracle LeagueSpecial Needs Activities | Charleston, SC | $500 | 2022 |
| Waves For WomenHealth & Human services | Folly Beach, SC | $500 | 2022 |
| Warrior Surf FoundationVeterans Health & Wellness | Folly Beach, SC | $500 | 2022 |
| Achievement ScholarshipEducation | Washington, DC | $500 | 2022 |
| Low Country Food BankHealth & Human Services | Charleston, SC | $500 | 2022 |
| R2 IncRecycling Initiative | New York, NY | $250 | 2022 |
| Beyond Basic LifeHealth & Wellness | Summerville, SC | $250 | 2022 |
| Five Fish FoundationDisabilities | Mt Pleasant, SC | $5K | 2020 |
| Peace Center For The Performing ArtArts | Greenville, SC | $3K | 2020 |
| Greenville Center For Creative ArtsArts | Greenville, SC | $1K | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC