Louise B Wallace Foundation 19702
Louise B Wallace Foundation 19702 is a private foundation located in Nashville, Tennessee, established in 1988. The foundation operates as a 501(c)(3) organization and focuses on supporting charitable, educational, religious, and literacy initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.5M
+0.1% YoY
Annual Giving
$869K
+3.0% YoY
Grant Count
49
-2.0% YoY
Avg Grant Size
$18K
+5.1% YoY
Mission & Focus Areas
The foundation makes grants to support charity, school, church, and literacy causes. Recent grantmaking demonstrates a commitment to educational institutions and community-based charitable organizations.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$5,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Tennessee, with a particular focus on the Nashville area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $14,439,312
- Total giving: $843,850
- Total revenues: $661,070
- Total expenses: $1,077,957
- Investment income and dividends: $381,428
- Giving rate: 5.8% of assets
Historical Comparison (2022):
- Total assets: $14,900,000
- Total giving: $776,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,451,254 | $14,439,312 | $14,875,507 |
| Revenue | $1,115,862 | $661,070 | $1,059,927 |
| Expenses | $1,106,714 | $1,077,957 | $1,095,656 |
| Qualifying Distributions | $868,750 | $843,850 | $775,500 |
| Net Investment Income | $1,055,571 | $596,219 | $990,994 |
| Distributable Amount | $842,879 | $808,055 | $824,906 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
243 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J BRANSFORD WALLACE JR | TRUSTEE | 1 | $20,000 |
| ANNE B NESBITT | TRUSTEE | 1 | $20,000 |
| ELIZABETH W TAYLOR | TRUSTEE | 1 | $20,000 |
| ELENA W GRAVES | TRUSTEE | 1 | $20,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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