Kane Wallace Foundation
Kane Wallace Foundation is a private foundation based in Concord, Massachusetts. It makes grants to charitable organizations; its 2024 filing lists support for organizations connected with outdoor recreation and conservation, historical collections, native plants, and other fields.
Kane Wallace Foundation at a glance
In short: Kane Wallace Foundation gave $3.0M across 48 grants in 2024 (avg $62K), top state Massachusetts. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,952,650
- +51.5% vs 2023
- Grants made (2024)
- 48
- +2.1% vs 2023
- Average grant
- $61,514
- +48.3% vs 2023
- Median grant
- $5,000
- Total assets
- $35,156,749
- +1.3% vs 2023
- New grantees (estimate)
- 10% first-time grantees (5 of 48, 2024)
- Primary geography
- Massachusetts (48% 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 Kane Wallace Foundation
- 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: 1437-2 Monument Street, Concord, MA 01742-5309
Phone: (617) 549-4425
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kane Wallace Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Appalachian Mountain Club ($1.1M). Together the top 10 received $2.7M.
Grant Size Distribution
228 grants across all recorded years
The most common grant size was under $50K: 193 grants of 228 (85%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars were reported by recipient state as Massachusetts (48%), Rhode Island (21%), Illinois (18%), New Hampshire (8%), and Pennsylvania (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 48 itemized grants.
States
Cities
Is Kane Wallace Foundation open to new grantees?
10%
first-time grantees, 2024
In 2024, 5 of 48 grantees (10%) were first-time recipients. First grants averaged $24K; repeat grants $66K. How we count
Medians: $8K first-time, $5K repeat.
- 77% of 2024 grantees were also funded in 2023. Method
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 104% 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 $1.6M (2022) to $3.0M (2024). In 2024 it made 48 grants totaling $3.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Appalachian Mountain Club Boston, MA | Unrestricted | $1,100,000 |
| Morris Arboretum Morris, IL | Unrestricted | $525,000 |
| Newport Historical Society Newport, RI | Unrestricted | $500,000 |
| Northern Forest Center Concord, NH | Unrestricted | $205,000 |
| Native Plant Trust Framingham, MA | Unrestricted | $110,418 |
| Concord Museum Concord, MA | Unrestricted | $75,000 |
| Historical Society of PA Philadelphia, PA | Unrestricted | $75,000 |
| Iyrs School of Technology & Trades Newport, RI | Unrestricted | $50,000 |
| Funderburg Scholars Inc Concord, MA | Unrestricted | $35,000 |
| American Antiquarian Society Worcester, MA | Unrestricted | $25,000 |
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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 | $35,156,749 | $4,958,904 | $3,185,204 | $2,952,650 | 48 | $2,952,650 | $2,808,345 | $2,849,299 |
| 2023 | $34,690,131 | $6,114,600 | $2,116,934 | $1,949,328 | 47 | $1,949,328 | $3,851,330 | $2,447,959 |
| 2022 | $32,569,059 | $5,448,693 | $1,725,144 | $1,579,700 | 46 | $1,579,700 | $3,234,798 | $2,343,415 |
| 2021 | $30,581,083 | $6,742,867 | $2,404,481 | $2,215,490 | 48 | $2,215,490 | $4,597,336 | $2,387,281 |
| 2020 | $28,079,899 | $3,685,391 | $2,143,047 | $1,999,850 | 39 | — | $1,593,761 | $1,996,836 |
Under IRS private-foundation payout rules, Kane Wallace Foundation reported a distributable amount of $2.8M 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 organizations whose work spans conservation, outdoor recreation, and history. The Appalachian Mountain Club describes its mission as promoting the protection, enjoyment, and understanding of the Appalachian region’s mountains, forests, waters, and trails. The Newport Historical Society says it collects and preserves materials relating to Newport County history and makes them available for research, enjoyment, and public education. Native Plant Trust describes its mission as conserving and promoting New England’s native plants to support healthy, biologically diverse landscapes.
Grantmaking
In filing year 2024, the foundation made 48 grants totaling $2,952,650. Grant amounts ranged from $250 to $1,100,000, with a median of $5,000. Listed larger grants included $1,100,000 to Appalachian Mountain Club, $525,000 to Morris Arboretum, $500,000 to Newport Historical Society, $205,000 to Northern Forest Center, and $110,418 to Native Plant Trust. These grants were listed as unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edward W. Kane and Martha J. Wallace as trustees, each with no compensation reported.
Kane Wallace Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward W. Kane
Trustee & None
On filings since 2020
No compensation reported
Martha J. Wallace
Trustee & None
On filings since 2020
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 Kane Wallace Foundation
How much does Kane Wallace Foundation give each year?
Kane Wallace Foundation gave $3.0M across 48 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.9M across 47 grants.
What is Kane Wallace Foundation's typical grant size?
Kane Wallace Foundation's median grant in 2024 was $5,000, and its average grant was $61,514, across 48 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Kane Wallace Foundation that year got $24K on average.
Where does Kane Wallace Foundation give grants?
Kane Wallace Foundation's top state is Massachusetts, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Rhode Island (21%) and Illinois (18%). The most frequent recipient cities were Concord, MA (12 grants), Boston, MA (4 grants), Newport, RI (4 grants) and Middletown, RI (3 grants).
Does Kane Wallace Foundation give general operating support?
Yes: 100% of Kane Wallace Foundation's 2024 grants with a stated purpose (48 of 48) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Kane Wallace Foundation's largest grantees?
Kane Wallace Foundation's largest 2024 grantees include Appalachian Mountain Club ($1,100,000), Morris Arboretum ($525,000) and Newport Historical Society ($500,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Kane Wallace Foundation?
Kane Wallace Foundation reported $35.2M in total assets on its 2024 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $2.8M (roughly 5% of its investment assets).
What does Kane Wallace Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include organizations whose work spans conservation, outdoor recreation, and history. See mission & focus areas ↑
How do I apply for a grant from Kane Wallace Foundation?
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 Kane Wallace Foundation's EIN?
Kane Wallace Foundation's EIN (Employer Identification Number) is 04-3466900. IRS Form 990 filing data is available on this page for 2020–2024.
Does Kane Wallace Foundation 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). Kane Wallace Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/kane-wallace-foundation-morg_2da66d193a5e4dd49f62e67fda7d1675
BibTeX
@misc{grantable_043466900_2026,
author = {{Grantable}},
title = {{Kane Wallace Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/kane-wallace-foundation-morg_2da66d193a5e4dd49f62e67fda7d1675},
note = {Accessed 2026-10-12. 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 Kane Wallace Foundation'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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