Joseph Francis Wallace Trust

MCGEHEE, AR EIN: 71-6157075

Joseph Francis Wallace Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCGEHEE, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 21 grants totaling $292K. Net investment income was $292K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.4M

-0.1% YoY

Annual Giving

$292K

-0.5% YoY

Grant Count

21

+0.0% YoY

Avg Grant Size

$14K

-0.5% YoY

About Joseph Francis Wallace Trust

Based on IRS filings

Joseph Francis Wallace Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCGEHEE, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 21 grants totaling $292K. Net investment income was $292K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Arkansas CityMcgeheeMonticelloTillar

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$96K$191K$287K$382K20202021202220232024
Metric202420232022
Total Assets$6,402,330$6,411,528$6,426,397
Revenue$330,015$332,765$323,703
Expenses$339,214$347,633$332,360
Qualifying Distributions$300,856$302,540$300,156
Net Investment Income$291,657$285,072$289,099
Distributable Amount$300,563$301,176$302,144

Giving Over Time

Total grant dollars and number of grants per year

$0$74K$148K$221K$295K1 grants20201 grants202115 grants202221 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

McGehee Hospital Foundat…$122KBoys Girls Club of South…$50KUAM Foundation$25KFirst Baptist Church Mem…$19KMcGehee Cemetery Assoc$17KDesha County Arkansas$12KCity of McGehee AR$11KMcGehee Food Pantry$11KMcGehee Men's Club$5KPaws Claws$5K

Grant Size Distribution

59 grants across all recorded years

51<$50K3$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Robert LuckyTrustee$2KJames R DanielsTrustee$2K

From 2024 filing

NameTitleHoursCompensation
Gibbs FergusonTrustee5
Robert LuckyTrustee0.25$2,400
James R DanielsTrustee0.25$2,400

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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