Ann & Bill Wallace Foundation Inc
Ann & Bill Wallace Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $989K in total assets. In 2024, it awarded 15 grants totaling $297K. Net investment income was $100K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$989K
-16.8% YoY
Annual Giving
$297K
+20.2% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$20K
+20.2% YoY
Under IRS private-foundation payout rules, Ann & Bill Wallace Foundation Inc reported a distributable amount of $236K for 2024 — the minimum it must pay out in qualifying distributions.
About Ann & Bill Wallace Foundation Inc
Based on IRS filings
Ann & Bill Wallace Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $989K in total assets. In 2024, it awarded 15 grants totaling $297K. Net investment income was $100K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $989,354 | $1,189,305 | $1,335,829 |
| Revenue | $122,955 | $120,308 | $75,055 |
| Expenses | $322,906 | $266,832 | $366,153 |
| Qualifying Distributions | $297,000 | $247,000 | $344,500 |
| Net Investment Income | $99,994 | $101,539 | $57,987 |
| Distributable Amount | $235,594 | $191,783 | $195,988 |
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include SALT Outreach ($60,000), Resurrection House ($40,000), Matthews Hope Ministries ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Opera Orlando Orlando, FL | To further the Arts | $5,000 |
| One Heart for Women and Children Orlando, FL | Provide care for women and children | $20,000 |
| The Russell Home Orlando, FL | Provide care for special needs individuals | $15,000 |
| Second Heart Homes Inc Sarasota, FL | Provide care for homeless | $20,000 |
| Ringling College of Art and Design Sarasota, FL | Scholarship to College of Art | $5,000 |
| Second Harvest Food Bank Orlando, FL | Feed the Needy | $20,000 |
| Grace Medical Home Orlando, FL | Provide Medical Needs for Poor | $10,000 |
| Resurrection House Sarasota, FL | Provide for Needs of Homeless | $40,000 |
| Mountain of Hope Lake Mary, FL | Water drilling to provide fresh water & Medical needs provided in Honduras | $20,000 |
| Matthews Hope Ministries Winter Garden, FL | Provide for needs of Homeless | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bill Wallace | Director | 1 | — |
| Ann Wallace | Director | 1 | — |
| Christena Black | Director | 1 | — |
| Judith Wallace | Director | 1 | — |
| W N Wallace II | Director | 1 | — |
| Jennifer Wallace | Director | 1 | — |
| Jessica Luzadder | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ann & Bill Wallace Foundation Inc?
Ann & Bill Wallace Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. It holds $989K in total assets as of 2024.
How large is Ann & Bill Wallace Foundation Inc?
As of 2024, Ann & Bill Wallace Foundation Inc holds $989K in total assets with $123K in annual revenue. It awarded 15 grants totaling $297K in 2024.
Where does Ann & Bill Wallace Foundation Inc operate?
Ann & Bill Wallace Foundation Inc has awarded grants in Florida, Illinois.
What size grants does Ann & Bill Wallace Foundation Inc award?
In 2024, Ann & Bill Wallace Foundation Inc awarded 15 grants totaling $297K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Ann & Bill Wallace Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ann & Bill Wallace Foundation Inc reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ann & Bill Wallace Foundation Inc's EIN?
Ann & Bill Wallace Foundation Inc's EIN (Employer Identification Number) is 33-1062280. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ann & Bill Wallace Foundation Inc'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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