Funder DirectoryDWANE L AND VELMA LUNT WALLACE
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Private foundation (trust)EIN 481071478Est. 1989-10

DWANE L AND VELMA LUNT WALLACE

WICHITA, KS 67201

Accepts unsolicited proposals

Total Assets

$81.1M

FY 2024

Annual Giving

$3.8M

FY 2024

Grants Made

59

FY 2024

Avg Grant

$65K

FY 2024

Grant Range

$5K–$500K

Typical

Deadlines

Open / rolling

Applications

Financial Snapshot

2024 filing

Total Revenue

$4.0M

Total Expenses

$4.3M

Qualifying Distributions

$3.9M

Distributable Amount

$3.9M

Min. Investment Return

$4.0M

Undistributed Income

$3.5M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

59 grants

Grant sizes from minimum $5K through median $35K to maximum $500K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $3.9M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

280 grants

FUNDAMENTAL LEARNING CENTER INC
$2.2M
6 grants
WICHITA PUBLIC LIBRARY FOUNDATION
$1.8M
6 grants
SEDGWICK COUNTY ZOOLOGICAL SOCIETY
$1.6M
4 grants
SENIOR SERVICES INC OF WICHITA
$950K
5 grants
KU ENDOWMENT ASSN
$934K
5 grants
CHILD ADVOCACY CENTER OF SEDGWICK COUNTY
$910K
5 grants
WICHITA STATE UNIVERSITY FOUNDATION
$796K
4 grants
NEWMAN UNIVERSITY
$600K
2 grants

Grant Size Distribution

280 grants

<$10K
55
grants
$10–50K
138
grants
$50–250K
66
grants
$250K–1M
21
grants
$1–5M
$5M+

Geographic Focus

4 states

Kansas
$20.8M
100% of total
Missouri
$59K
0% of total
Nevada
$20K
0% of total
Tennessee
$10K
0% of total

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