John E Wallis & Elizabeth C Wallis

Foundation · Grantmaker YOUNGSTOWN, OH EIN: 34-1893721

John E Wallis & Elizabeth C Wallis is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOUNGSTOWN, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $293K in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$293K

-4.6% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+0.0% YoY

Under IRS private-foundation payout rules, John E Wallis & Elizabeth C Wallis reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

About John E Wallis & Elizabeth C Wallis

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $61K (100%)

States

Ohio

Cities

Youngstown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$293,488	$307,618	$317,885
Revenue	$14,132	$17,055	$12,386
Expenses	$28,257	$27,318	$7,165
Qualifying Distributions	$23,504	$23,166	$2,985
Net Investment Income	$9,558	$13,021	$8,452
Distributable Amount	$28,677	$24,851	$23,985

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mahoning Valley Historical Society ($20,000).

Recipient	Purpose	Amount
MAHONING VALLEY HISTORICAL SOCIETY YOUNGSTOWN, OH	PROGRAM SUPORT	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FRANKLIN BENNETT JR	CO-TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is John E Wallis & Elizabeth C Wallis?

John E Wallis & Elizabeth C Wallis is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOUNGSTOWN, OH. It holds $293K in total assets as of 2024.

How large is John E Wallis & Elizabeth C Wallis?

As of 2024, John E Wallis & Elizabeth C Wallis holds $293K in total assets with $14K in annual revenue. It awarded 1 grants totaling $20K in 2024.

Where does John E Wallis & Elizabeth C Wallis operate?

John E Wallis & Elizabeth C Wallis has awarded grants in Ohio.

What size grants does John E Wallis & Elizabeth C Wallis award?

In 2024, John E Wallis & Elizabeth C Wallis awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is John E Wallis & Elizabeth C Wallis required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John E Wallis & Elizabeth C Wallis reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John E Wallis & Elizabeth C Wallis's EIN?

John E Wallis & Elizabeth C Wallis's EIN (Employer Identification Number) is 34-1893721. IRS Form 990 filing data is available on this page for 2019–2024.