Louise B Wallace Foundation 19702
Louise B Wallace Foundation 19702 is a private foundation based in Nashville, Tennessee. In 2024, it reported 49 grants totaling $868,750, primarily to organizations in Tennessee.
Louise B Wallace Foundation 19702 at a glance
In short: Louise B Wallace Foundation 19702 gave $869K across 49 grants in 2024 (avg $18K), mostly in Tennessee. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $868,750
- +3.0% vs 2023
- Grants made (2024)
- 49
- -2.0% vs 2023
- Average grant
- $17,730
- +5.1% vs 2023
- Median grant
- $5,000
- Total assets
- $14,451,254
- +0.1% vs 2023
- New grantees (estimate)
- 10% first-time grantees (4 of 40, 2024)
- Primary geography
- Tennessee (94% 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 Louise B Wallace Foundation 19702
- 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: 4400 Harding Road Suite 310, Nashville, TN 37205-5215
Phone: (615) 460-9240
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Louise B Wallace Foundation 19702 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Harpeth Hall School ($160K across 2 grants). Together the top 10 received $662K.
Grant Size Distribution
248 grants across all recorded years
The most common grant size was under $50K: 225 grants of 248 (91%).
Geographic Focus
Where this funder awards grants
In 2024, Tennessee recipients received 94% of the foundation’s grant dollars. The remaining reported shares went to organizations in Georgia (3%), Texas (1%), and Alabama (1%); Florida accounted for 0%. Many of the listed recipients are in Nashville.
Grant Distribution by State
Share of 2024 grant dollars across all 49 itemized grants.
Cities
Is Louise B Wallace Foundation 19702 open to new grantees?
10%
first-time grantees, 2024
In 2024, 4 of 40 grantees (10%) were first-time recipients. First grants averaged $5K; repeat grants $24K. How we count
Medians: $4K first-time, $10K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 103% 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 $776K (2022) to $875K (2020). In 2024 it made 49 grants totaling $869K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harpeth Hall School Nashville, TN | To Support School | $150,000 |
| St Georges Episcopal Church Nashville, TN | Capital Campaign & Annual Fund | $132,000 |
| Centerstone Foundation Nashville, TN | To Support Charity | $100,000 |
| Cumberland Heights Foundation Nashville, TN | To Support Charity | $50,000 |
| Men of Valor Nashville, TN | To Support Charity | $40,000 |
| Covenant Presbyterian Church Nashville, TN | To Support Church | $40,000 |
| Ensworth School Nashville, TN | To Support School | $25,000 |
| Reformed University Fellowship Lawreceville, GA | To Support Charity | $25,000 |
| Sexual Assault Center Nashville, TN | To Support Charity | $25,000 |
| Boys & Girls Clubs of Middle TN Nashville, TN | To Support Charity | $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 | $14,451,254 | $1,115,862 | $1,106,714 | $868,750 | 49 | $868,750 | $1,055,571 | $842,879 |
| 2023 | $14,439,312 | $661,070 | $1,077,957 | $843,850 | 50 | $843,850 | $596,219 | $808,055 |
| 2022 | $14,875,507 | $1,059,927 | $1,095,656 | $775,500 | 55 | $775,500 | $990,994 | $824,906 |
| 2021 | $14,935,057 | $3,313,787 | $1,144,444 | $866,450 | 49 | $866,450 | $3,219,197 | $898,318 |
| 2020 | $12,835,054 | $721,601 | $1,110,042 | $875,200 | 45 | — | $634,726 | $780,296 |
Under IRS private-foundation payout rules, Louise B Wallace Foundation 19702 reported a distributable amount of $843K 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 went to organizations including schools, churches, and community nonprofits. Among those grantees, Centerstone Foundation describes its mission as delivering care that changes people’s lives; Cumberland Heights Foundation describes its work as supporting people affected by alcohol or drug addiction; and Sexual Assault Center says it provides healing and works to end sexual violence through counseling, education, and advocacy.
Other supported organizations describe work in areas including reentry and faith-based ministry (Men of Valor), river conservation (Harpeth Conservancy), and counseling and family services (Daystar Counseling Ministries).
Grantmaking
In 2024, the foundation made 49 grants totaling $868,750. Grants ranged from $500 to $150,000, with a median of $5,000. Among its largest reported grants were $150,000 to Harpeth Hall School, $132,000 to St Georges Episcopal Church, $100,000 to Centerstone Foundation, $50,000 to Cumberland Heights Foundation, and $40,000 to Men of Valor. Other listed grants included $40,000 to Covenant Presbyterian Church and $25,000 each to Ensworth School, Reformed University Fellowship, Sexual Assault Center, Boys & Girls Clubs of Middle TN, and Gilda’s Club Nashville.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists J Bransford Wallace Jr, Anne B Nesbitt, Elizabeth W Taylor, and Elena W Graves as trustees.
Louise B Wallace Foundation 19702's 2024 filing lists 4 officers; all 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Anne B. Nesbitt
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $20K (2024)
Elena W. Graves
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $20K (2024)
Elizabeth W. Taylor
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $20K (2024)
J. Bransford Wallace Jr.
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $20K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $20K, to J Bransford Wallace Jr (Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Louise B Wallace Foundation 19702
How much does Louise B Wallace Foundation 19702 give each year?
Louise B Wallace Foundation 19702 gave $869K across 49 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $844K across 50 grants.
What is Louise B Wallace Foundation 19702's typical grant size?
Louise B Wallace Foundation 19702's median grant in 2024 was $5,000, and its average grant was $17,730, across 49 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Louise B Wallace Foundation 19702 that year got $5K on average.
Where does Louise B Wallace Foundation 19702 give grants?
Louise B Wallace Foundation 19702 gives mostly in Tennessee: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (37 grants), Franklin, TN (2 grants), Houston, TX (2 grants) and Tuscaloosa, AL (2 grants).
Does Louise B Wallace Foundation 19702 give general operating support?
Occasionally: 2% of Louise B Wallace Foundation 19702's 2024 grants with a stated purpose (1 of 49) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "To Support Charity" (34 grants), "To Support School" (10 grants) and "To Support Church" (4 grants).
Who are Louise B Wallace Foundation 19702's largest grantees?
Louise B Wallace Foundation 19702's largest 2024 grantees include Harpeth Hall School ($160,000 across 2 grants), St Georges Episcopal Church ($132,000) and Centerstone Foundation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Louise B Wallace Foundation 19702?
Louise B Wallace Foundation 19702 reported $14.5M in total assets on its 2024 IRS Form 990-PF. It paid out $869K in qualifying distributions that year, against a required minimum of $843K (roughly 5% of its investment assets).
What does Louise B Wallace Foundation 19702 fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations including schools, churches, and community nonprofits. See mission & focus areas ↑
How do I apply for a grant from Louise B Wallace Foundation 19702?
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 Louise B Wallace Foundation 19702's EIN?
Louise B Wallace Foundation 19702's EIN (Employer Identification Number) is 58-1797048. IRS Form 990 filing data is available on this page for 2020–2024.
Does Louise B Wallace Foundation 19702 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). Louise B Wallace Foundation 19702 funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/louise-b-wallace-foundation-19702-morg_9f3d861984f0445bbf63f251fbca11df
BibTeX
@misc{grantable_581797048_2026,
author = {{Grantable}},
title = {{Louise B Wallace Foundation 19702 funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/louise-b-wallace-foundation-19702-morg_9f3d861984f0445bbf63f251fbca11df},
note = {Accessed 2026-10-18. 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 Louise B Wallace Foundation 19702'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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