Private foundation (trust)EIN 626048465Est. 1964-01

WALLACE FOUNDATION

MORRISTOWN, TN 378156004

Accepts unsolicited proposals

Total Assets

$133K

FY 2024

Annual Giving

$165K

FY 2024

Grants Made

51

FY 2024

Avg Grant

$3K

FY 2024

Grant Range

$1K–$30K

Typical

Deadlines

Open / rolling

Applications

Financial Snapshot

2024 filing

Total Revenue

$263K

Total Expenses

$215K

Qualifying Distributions

$214K

Distributable Amount

$245K

Min. Investment Return

$248K

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

51 grants

Grant sizes from minimum $1K through median $2K to maximum $30K, 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

4 years

Giving over time from 2018 to 2024. Peak $165K in 2024. Hover bars for details.

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

Top Recipients

104 grants

NEW ORLEANS BAPTIST THEOLOGICAL SEM
$75K
3 grants
CARSON NEWMAN UNIVERSITY
$40K
5 grants
ALL OTHERS
$37K
4 grants
UNITED WAY OF HAMBLEN COUNTY
$33K
4 grants
HELEN ROSS MCNABB FOUNDATION
$24K
4 grants
NOLACHUCKY BAPTIST ASSOC DIS RELIEF
$16K
1 grant
CHALLENGE GOLF ASSOCIATION
$16K
2 grants
FCA
$15K
3 grants

Grant Size Distribution

104 grants

<$10K
96
grants
$10–50K
8
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

14 states

Tennessee
$257K
62% of total
Louisiana
$90K
22% of total
North Carolina
$19K
4% of total
Missouri
$9K
2% of total
Florida
$8K
2% of total
Georgia
$7K
2% of total
California
$4K
1% of total
Texas
$4K
1% of total
Colorado
$4K
1% of total
Virginia
$4K
1% of total

+4 more states

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