Harry W & Jo-Ann D Wallace

SO BURLINGTON, VT EIN: 22-3443319

Harry W & Jo-Ann D Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SO BURLINGTON, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 12 grants totaling $155K. Net investment income was $63K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

-3.9% YoY

Annual Giving

$155K

+3.3% YoY

Grant Count

12

+33.3% YoY

Avg Grant Size

$13K

-22.5% YoY

Under IRS private-foundation payout rules, Harry W & Jo-Ann D Wallace reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.

About Harry W & Jo-Ann D Wallace

Based on IRS filings

Harry W & Jo-Ann D Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SO BURLINGTON, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 12 grants totaling $155K. Net investment income was $63K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlbuquerqueBirminghamBlack MountainBostonBrevardBurlingtonColchesterHanoverKey WestLakelandMarathonMemphisMiamiNew YorkNorwellOgdensburgQuincySarasotaStaten IslandTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$116K$231K$347K$462K20202021202220232024
Metric202420232022
Total Assets$2,982,046$3,102,153$3,206,190
Revenue$70,972$80,884$76,683
Expenses$190,806$188,316$228,506
Qualifying Distributions$164,600$160,600$191,800
Net Investment Income$62,692$59,194$39,977
Distributable Amount$170,424$162,589$171,879

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$88K$131K$175K13 grants20208 grants20217 grants20229 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Black Mountain Home for …$30KNYU Langone Health$30KFree Rein$25KSt Stephen's Episocopal …$25KGraduate Theological Fou…$10KGermantown Neighborhood …$5KInterfaith Social Services$5KChrist the King Episcopa…$5KCardinal Cushing Center …$5KMVNA and Hospice$5K

Grant Size Distribution

49 grants across all recorded years

46<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Black Mountain Home for Children Youth and Families ($30,000), NYU Langone Health ($30,000), Free Rein ($25,000).

RecipientPurposeAmount
Germantown Neighborhood Food Pantry Quincy, MASupport$5,000
Free Rein Brevard, NCSupportPrograms$25,000
Graduate Theological Foundation Sarasota, FLPrograms$10,000
Interfaith Social Services Quincy, MASupport$5,000
Christ the King Episcopal Church Lakeland, FLSupport$5,000
St Stephen's Episocopal Church Lakeland, FLUpkeep of establishment$25,000
Black Mountain Home for Children Youth and Families Black Mountain, NCSupport$30,000
NYU Langone Health New York, NYSupport$30,000
Cardinal Cushing Center Inc Hanover, MAPrograms$5,000
MVNA and Hospice Norwell, MASupport$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

David SorgiTrustee$9KStephen H LockeTrustee$9K

From 2024 filing

NameTitleHoursCompensation
David SorgiTrustee0.3$8,750
Stephen H LockeTrustee0.3$8,750

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Harry W & Jo-Ann D Wallace?

Harry W & Jo-Ann D Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SO BURLINGTON, VT. It holds $3.0M in total assets as of 2024.

How large is Harry W & Jo-Ann D Wallace?

As of 2024, Harry W & Jo-Ann D Wallace holds $3.0M in total assets with $71K in annual revenue. It awarded 12 grants totaling $155K in 2024.

Where does Harry W & Jo-Ann D Wallace operate?

Harry W & Jo-Ann D Wallace has awarded grants in Alabama, District of Columbia, Florida, Kansas, Massachusetts, North Carolina, New Mexico, New York, Tennessee, Vermont.

What size grants does Harry W & Jo-Ann D Wallace award?

In 2024, Harry W & Jo-Ann D Wallace awarded 12 grants totaling $155K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Harry W & Jo-Ann D Wallace required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harry W & Jo-Ann D Wallace reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harry W & Jo-Ann D Wallace's EIN?

Harry W & Jo-Ann D Wallace's EIN (Employer Identification Number) is 22-3443319. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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