The Wallace Family Foundation
Preselected recipients only
The Wallace Family Foundation is a private foundation in Key Largo, Florida. In tax year 2024 it gave $141,350 in 16 grants; the typical grant was $2,750 and the largest $65,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$141,350
- Number of grants16
- Typical grant$2,750
- Largest grant$65,000
- Assets$1.7 million
- New grantees31%
Giving in 2024 was up from $137,050 the year before.
31% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $137,050 | 20 | $1.6 million |
| 2024 | $141,350 | 16 | $1.7 million |
How to apply
The Wallace Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Wallace Family Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 3 | $71,000 |
| Florida | 5 | $24,200 |
| New York | 1 | $22,650 |
| Rhode Island | 5 | $21,500 |
| Connecticut | 1 | $1,000 |
| New Hampshire | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Tower School | Educational | $65,000 |
| Camp Dudley YMCA | Unrestricted operating funds | $22,650 |
| ocean reef cultural center | For a general charitable purpose | $11,200 |
| Special Operations Warrior Foundati | Unrestricted operating funds | $10,000 |
| Norman Bird Sanctuary | Unrestricted operational fund | $10,000 |
| Preservation Society of Newport Cou | General charitable purpose | $5,000 |
| Merry Mixers - Salem Hospital | Unrestricted donation | $5,000 |
| Star Kids Scholarship PROGRAM | Educational | $3,500 |
| Mill Reef Fund | Unrestricted operating funds | $2,000 |
| International Tennis Hall of Fame I | For a general charitable purpose | $2,000 |
| Holderness School | Educational | $1,000 |
| Rose Island Lighthouse Fund | General charitable purpose | $1,000 |
| Ron Foley Foundation | Unrestricted operational fund | $1,000 |
| Pan-Mass Challenge | Unrestricted donation | $1,000 |
| Florida Keys Childrens Shelter Inc | Unrestricted operating fund | $600 |
| Ocean Reef Medical Center Found Inc | General charitable purpose | $400 |
Officers and trustees
- Richard C Wallace
Questions people ask
Does The Wallace Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Wallace Family Foundation give?
$141,350 in tax year 2024, across 16 grants, with a typical grant of $2,750.
Who runs The Wallace Family Foundation?
Its 2024 filing lists Richard C Wallace (Trustee).
What does The Wallace Family Foundation fund?
Based on its grants, mainly education, youth programs and environment and conservation.