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Also known as: CO RICHARD C WALLACE
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Wallace Family Foundation is a private trust based in KEY LARGO, FL. The foundation received its IRS ruling in 1997. The principal officer is Richard C Wallace. It holds total assets of $746K. Annual income is reported at $458K. Total assets have decreased from $2.5M in 2010 to $746K in 2024. 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 2024. The foundation primarily funds organizations in Rhode Island, Florida and Massachusetts. According to available records, Wallace Family Foundation has made 82 grants totaling $439K, with a median grant of $2K. The foundation has distributed between $131K and $171K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $171K distributed across 26 grants. Individual grants have ranged from $100 to $45K, with an average award of $5K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New York, which account for 46% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$4K
Largest Grant
$12K
Based on 12 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 Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in FL, MA, NY.
Wallace Family Foundation has distributed a total of $439K across 82 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $100 to $45K.
Wallace Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wallace Family Foundation is headquartered in KEY LARGO, FL. While based in FL, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard C Wallace | Trustee | $45K | $0 | $45K |
Total Giving
N/A
Total Assets
$746K
Fair Market Value
N/A
Net Worth
$746K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
82
Total Giving
$439K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
27
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyUNRESTRICTED DONATION | Atlanta, GA | $500 | 2024 |
| Tower SchoolEDUCATIONAL | Marblehead, MA | $45K | 2024 |
| Ocean Reef Medical Center Found IncGENERAL CHARITABLE PURPOSE | Key Largo, FL | $25K | 2024 |
| Camp Dudley YmcaUNRESTRICTED OPERATING FUNDS | Westport, NY | $21K | 2024 |
| Yellow Ribbon FundUNRESTRICTED DONATION | Bethesda, MD | $10K | 2024 |
| Ocean Reef Cultural CenterFOR A GENERAL CHARITABLE PURPOSE | Key Largo, FL | $6K | 2024 |
| Merry Mixers - Salem HospitalUNRESTRICTED DONATION | Marblehead, MA | $5K | 2024 |
| Ocean Reef Art LeagueUNRESTRICTED DONATION | Key Largo, FL | $4K | 2024 |
| Center For Coastal StudiesUNRESTRICTED OPERATING FUNDS | Provincetown, MA | $4K | 2024 |
| Star Kids Scholarship ProgramEDUCATIONAL | Middletown, RI | $4K | 2024 |
| ScribbleUNRESTRICTED DONATION | Los Angeles, CA | $3K | 2024 |
| Pan-Mass ChallengeUNRESTRICTED DONATION | Needham, MA | $3K | 2024 |
| Norman Bird SanctuaryUNRESTRICTED OPERATIONAL FUND | Middletown, RI | $2K | 2024 |
| International Tennis Hall Of Fame IFOR A GENERAL CHARITABLE PURPOSE | Newport, RI | $2K | 2024 |
| Holderness SchoolEDUCATIONAL | Plymouth, NH | $1K | 2024 |
| Ron Foley FoundationUNRESTRICTED OPERATIONAL FUND | West Hartford, CT | $1K | 2024 |
| Floriday Keys Baseball ClubUNRESTRICTED DONATION | Key Largo, FL | $1K | 2024 |
| The Keys Childrens FoundationUNRESTRICTED DONATION | Key Largo, FL | $500 | 2024 |
| Somerset Oaks AcademyUNRESTRICTED DONATION | Homestead, FL | $200 | 2024 |
| World Wildlife FundUNRESTRICTED OPERATIONAL FUND | Washington, DC | $200 | 2024 |
| Special Operations Warrior FoundatiUNRESTRICTED OPERATING FUNDS | Tampa, FL | $10K | 2023 |
| Preservation Society Of Newport CouGENERAL CHARITABLE PURPOSE | Newport, RI | $2K | 2023 |
| Wayside House Treatment Center Forunrestricted operations | Delray Beach, FL | $800 | 2023 |
| St Judes Childrens HospitalUnrestricted operations | Memphis, TN | $500 | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL