Allyrae Wallace Educational Trust is a private foundation focused on Education, based in CAMDEN, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 24 grants totaling $200K. Net investment income was $126K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-5.2% YoY
Annual Giving
$200K
-1.3% YoY
Grant Count
24
+4.3% YoY
Avg Grant Size
$8K
-5.5% YoY
Under IRS private-foundation payout rules, Allyrae Wallace Educational Trust reported a distributable amount of $244K for 2024 — the minimum it must pay out in qualifying distributions.
About Allyrae Wallace Educational Trust
Based on IRS filings
Allyrae Wallace Educational Trust is a private foundation focused on Education, based in CAMDEN, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 24 grants totaling $200K. Net investment income was $126K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,753,931 | $1,849,596 | $1,874,713 |
| Revenue | $240,599 | $333,668 | $802,464 |
| Expenses | $336,264 | $358,785 | $210,699 |
| Qualifying Distributions | $221,716 | $224,348 | $167,348 |
| Net Investment Income | $126,051 | $199,231 | $759,113 |
| Distributable Amount | $244,005 | $253,505 | $194,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Auburn University ($40,900), University of South Alabama ($23,100), University of Alabama ($21,700).
| Recipient | Purpose | Amount |
|---|---|---|
| ALABAMA A M HUNTSVILLE, AL | EDUCATIONAL SCHOLARSHIP | $14,500 |
| ALABAMA STATE UNIVERSITY MONTGOMERY, AL | EDUCATIONAL SCHOLARSHIP | $5,200 |
| AUBURN UNIVERSITY AUBURN, AL | EDUCATIONAL SCHOLARSHIP | $40,900 |
| COASTAL ALABAMA COMMUNITY BAY MINETTE, AL | EDUCATIONAL SCHOLARSHIP | $11,350 |
| MILES COLLEGE FAIRFIELD, AL | EDUCATIONAL SCHOLARSHIP | $1,100 |
| MISSISSIPPI STATE UNIVERSITY STARKVILLE, MS | EDUCATIONAL SCHOLARSHIP | $1,900 |
| SOUTHERN UNION STATE COMM COLLEGE WADLEY, AL | EDUCATIONAL SCHOLARSHIP | $8,600 |
| TROY UNIVERSITY TROY, AL | EDUCATIONAL SCHOLARSHIP | $19,100 |
| UNIVERSITY OF ALABAMA TUSCALOOSA, AL | EDUCATIONAL SCHOLARSHIP | $21,700 |
| UNIVERSITY OF NORTH ALABAMA FLORENCE, AL | EDUCATIONAL SCHOLARSHIP | $700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RJ BROWDER | TRUSTEE | — | $20,000 |
| JOHN STROTHER | TRUSTEE | — | $20,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Allyrae Wallace Educational Trust?
Allyrae Wallace Educational Trust is a private foundation focused on Education, based in CAMDEN, AL. It holds $1.8M in total assets as of 2024.
How large is Allyrae Wallace Educational Trust?
As of 2024, Allyrae Wallace Educational Trust holds $1.8M in total assets with $241K in annual revenue. It awarded 24 grants totaling $200K in 2024.
Where does Allyrae Wallace Educational Trust operate?
Allyrae Wallace Educational Trust has awarded grants in Alabama, California, District of Columbia, Florida, Georgia, Iowa, Maryland, Missouri, Mississippi, North Carolina, New York, Oklahoma, Utah, Wisconsin.
What size grants does Allyrae Wallace Educational Trust award?
In 2024, Allyrae Wallace Educational Trust awarded 24 grants totaling $200K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Allyrae Wallace Educational Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Allyrae Wallace Educational Trust reported a distributable amount of $244K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Allyrae Wallace Educational Trust's EIN?
Allyrae Wallace Educational Trust's EIN (Employer Identification Number) is 63-6192432. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Allyrae Wallace Educational Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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