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Foundations / Tennessee

Wallace and Mary Casnelli Foundation

Preselected recipients only Knoxville, Tennessee · EIN 371845516

Wallace and Mary Casnelli Foundation is a private foundation in Knoxville, Tennessee. In tax year 2024 it gave $351,000 in 8 grants; the typical grant was $50,000 and the largest $70,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $359,250 the year before.

0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2022$350,0008$6.5 million
2023$359,2509$7.3 million
2024$351,0008$7.6 million

How to apply

Wallace and Mary Casnelli 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.

IRS filings on ProPublica

What Wallace and Mary Casnelli Foundation funds

Where it gives

All of its grants went to recipients in Tennessee.

StateGrantsAmount
Tennessee8$351,000

Grants paid in 2024

All 8 grants
RecipientPurposeAmount
United Way of Greater Knoxville
Knoxville, TN
General funding$70,000
Helen Ross McNabb Center
Knoxville, TN
General funding$50,000
Emerald Youth Foundation
Knoxville, TN
General funding$50,000
Boys and Girls Club of the Tennessee Valley
Knoxville, TN
General funding$50,000
Roane State Community College
Harriman, TN
General funding$50,000
University of Tennessee Medical Center
Knoxville, TN
Program support$50,000
Mobile Meals Program Knox County Caca Nutrition Service
Knoxville, TN
General funding$30,000
Yoke Youth Ministries
Knoxville, TN
General funding$1,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Wallace and Mary Casnelli Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Wallace and Mary Casnelli Foundation give?

$351,000 in tax year 2024, across 8 grants, with a typical grant of $50,000.

Who runs Wallace and Mary Casnelli Foundation?

Its 2024 filing lists The Trust Company of Tennessee (Trustee), Sharon J Pryse (Advisor) and Howard Roger Rankin (Advisor).

What does Wallace and Mary Casnelli Foundation fund?

Based on its grants, mainly youth programs and education.

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