Ann & Bill Wallace Foundation Inc
Ann & Bill Wallace Foundation Inc is a private foundation based in Orlando, Florida. Its 2024 filing reports 15 grants totaling $297,000, with all grant dollars going to recipients in Florida. The filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ann & Bill Wallace Foundation Inc at a glance
In short: Ann & Bill Wallace Foundation Inc gave $297K across 15 grants in 2024 (avg $20K), mostly in Florida. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $297,000
- +20.2% vs 2023
- Grants made (2024)
- 15
- +0.0% vs 2023
- Average grant
- $19,800
- +20.2% vs 2023
- Median grant
- $15,000
- Total assets
- $989,354
- -16.8% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 15, 2024; small sample)
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Ann & Bill Wallace Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 401 W Colonial Dr Suite 2, Orlando, FL 32804
Phone: (407) 629-4055
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ann & Bill Wallace Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was SALT Outreach ($60K). Together the top 10 received $262K.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 67 grants of 75 (89%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Florida. Listed recipient communities include Orlando, Sarasota, Winter Garden, Sanford, Lake Mary, and Gainesville. One grant to Mountain of Hope was described as supporting water drilling and medical needs in Honduras.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is Ann & Bill Wallace Foundation Inc open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 15 grantees (0%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 126% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $247K (2023) to $365K (2020). In 2024 it made 15 grants totaling $297K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SALT Outreach Orlando, FL | Provide for needs of Homeless | $60,000 |
| Resurrection House Sarasota, FL | Provide for Needs of Homeless | $40,000 |
| Matthews Hope Ministries Winter Garden, FL | Provide for needs of Homeless | $40,000 |
| One Heart for Women and Children Orlando, FL | Provide care for women and children | $20,000 |
| Second Heart Homes Inc Sarasota, FL | Provide care for homeless | $20,000 |
| Second Harvest Food Bank Orlando, FL | Feed the Needy | $20,000 |
| Mountain of Hope Lake Mary, FL | Water drilling to provide fresh water & Medical needs provided in Honduras | $20,000 |
| The Russell Home Orlando, FL | Provide care for special needs individuals | $15,000 |
| Picnic Project Inc Sanford, FL | Feed the Poor | $15,000 |
| Remnant Church of Sarasota Sarsota, FL | To help the poor | $12,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $989,354 | $122,955 | $322,906 | $297,000 | 15 | $297,000 | $99,994 | $235,594 |
| 2023 | $1,189,305 | $120,308 | $266,832 | $247,000 | 15 | $247,000 | $101,539 | $191,783 |
| 2022 | $1,335,829 | $75,055 | $366,153 | $344,500 | 16 | $344,500 | $57,987 | $195,988 |
| 2021 | $1,626,927 | $438,454 | $390,058 | $357,500 | 15 | $357,744 | $208,453 | $200,129 |
| 2020 | $1,578,531 | $210,244 | $390,863 | $365,000 | 14 | — | $184,980 | $166,218 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations addressing homelessness, hunger, medical care, and care for women, children, and people with special needs. These are areas reflected in the grantees’ stated missions and the purposes listed for grants; they are not a stated foundation mission.
For example, Salt Outreach describes providing showers, laundry, case management, mental health counseling, clothing, and other services. Matthew’s Hope Ministries says it serves homeless people in its West Orange community by meeting basic needs and supporting well-being and independence. Resurrection House describes providing essential services and a supportive environment for people experiencing homelessness. Grace Medical Home says it offers health care to people in its community who need it most.
Grantmaking
In 2024, the foundation reported 15 grants totaling $297,000. Grant amounts ranged from $5,000 to $60,000, with a median of $15,000.
The largest reported grants included $60,000 to Salt Outreach; $40,000 each to Resurrection House and Matthew’s Hope Ministries; and $20,000 each to One Heart for Women and Children, Second Heart Homes, Second Harvest Food Bank, and Mountain of Hope. Other listed grants included $15,000 to The Russell Home and $15,000 to Picnic Project, $12,000 to Remnant Church of Sarasota, and $10,000 each to Grace Medical Home and the S Clark Butler Research Fund for Ne.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bill Wallace, Ann Wallace, Christena Black, Judith Wallace, W N Wallace II, Jennifer Wallace, and Jessica Luzadder as directors.
Ann & Bill Wallace Foundation Inc's 2024 filing lists 7 officers; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ann Wallace
Director
On filings since 2020
1 hr/week
No compensation reported
Bill Wallace
Director
On filings since 2020
1 hr/week
No compensation reported
Christena Black
Director
On filings since 2020
1 hr/week
No compensation reported
Jennifer Wallace
Director
On filings since 2020
1 hr/week
No compensation reported
Jessica Luzadder
Director
On filings since 2020
1 hr/week
No compensation reported
Judith Wallace
Director
On filings since 2020
1 hr/week
No compensation reported
W N Wallace II
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Ann & Bill Wallace Foundation Inc
How much does Ann & Bill Wallace Foundation Inc give each year?
Ann & Bill Wallace Foundation Inc gave $297K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $247K across 15 grants.
What is Ann & Bill Wallace Foundation Inc's typical grant size?
Ann & Bill Wallace Foundation Inc's median grant in 2024 was $15,000, and its average grant was $19,800, across 15 grants on its 2024 IRS Form 990-PF.
Where does Ann & Bill Wallace Foundation Inc give grants?
Ann & Bill Wallace Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Orlando, FL (7 grants) and Sarasota, FL (3 grants).
Does Ann & Bill Wallace Foundation Inc give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on Ann & Bill Wallace Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Provide for Needs of Homeless" (3 grants).
Who are Ann & Bill Wallace Foundation Inc's largest grantees?
Ann & Bill Wallace Foundation Inc's largest 2024 grantees include SALT Outreach ($60,000), Resurrection House ($40,000) and Matthews Hope Ministries ($40,000), according to its 2024 IRS Form 990-PF. Together they received 47% of its itemized 2024 grant dollars.
How large is Ann & Bill Wallace Foundation Inc?
Ann & Bill Wallace Foundation Inc reported $989K in total assets on its 2024 IRS Form 990-PF. It paid out $297K in qualifying distributions that year, against a required minimum of $236K (roughly 5% of its investment assets).
What does Ann & Bill Wallace Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations addressing homelessness, hunger, medical care, and care for women, children, and people with special needs. See mission & focus areas ↑
How do I apply for a grant from Ann & Bill Wallace Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Ann & Bill Wallace Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Ann & Bill Wallace Foundation Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/ann-and-bill-wallace-foundation-inc-morg_f894862362e4459b86ad0aec5cd09900
BibTeX
@misc{grantable_331062280_2026,
author = {{Grantable}},
title = {{Ann \& Bill Wallace Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ann-and-bill-wallace-foundation-inc-morg_f894862362e4459b86ad0aec5cd09900},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Ann & Bill Wallace Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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