Louise Wallace Charitable Trust

ORLANDO, FL EIN: 57-6080124

Louise Wallace Charitable Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $382K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$382K

-2.3% YoY

Annual Giving

$15K

+18.8% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$3K

+18.8% YoY

Under IRS private-foundation payout rules, Louise Wallace Charitable Trust reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About Louise Wallace Charitable Trust

Based on IRS filings

Louise Wallace Charitable Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $382K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

CharlestonColumbiaGreenville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13K$25K$38K$50K20202021202220232024
Metric202420232022
Total Assets$382,456$391,324$406,478
Revenue$16,152$2,698$-1,445
Expenses$25,026$17,772$45,739
Qualifying Distributions$20,548$15,882$42,436
Net Investment Income$11,371$9,552$6,860
Distributable Amount$18,475$18,352$20,557

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K5 grants20200 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

SHRINERS HOSPITAL GREENV…$3KCAROLINA CHILDRENS HOME$3KSISTERS OF CHARITY FDN O…$3KPRISMA HEALTH CHILDREN'S$3KMEDICAL UNIVERSITY OF SC…$3K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shriners Hospital Greenville ($2,970), Carolina Childrens Home ($2,970), Sisters of Charity Fdn of Sc ($2,970).

RecipientPurposeAmount
SHRINERS HOSPITAL GREENVILLE GREENVILLE, SCGENERAL OPERATING$2,970
CAROLINA CHILDRENS HOME COLUMBIA, SCGENERAL OPERATING$2,970
SISTERS OF CHARITY FDN OF SC COLUMBIA, SCGENERAL OPERATING$2,970
PRISMA HEALTH CHILDREN'S COLUMBIA, SCGENERAL OPERATING$2,970
MEDICAL UNIVERSITY OF SC DIV OF CHARLESTON, SCGENERAL OPERATING$2,970

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TRUIST BANKTRUSTEE$8K

From 2024 filing

NameTitleHoursCompensation
TRUIST BANKTRUSTEE1$8,395

Frequently Asked Questions

How large is Louise Wallace Charitable Trust?

As of 2024, Louise Wallace Charitable Trust holds $382K in total assets with $16K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Louise Wallace Charitable Trust operate?

Louise Wallace Charitable Trust has awarded grants in South Carolina.

What size grants does Louise Wallace Charitable Trust award?

In 2024, Louise Wallace Charitable Trust awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Louise Wallace Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise Wallace Charitable Trust reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Louise Wallace Charitable Trust's EIN?

Louise Wallace Charitable Trust's EIN (Employer Identification Number) is 57-6080124. IRS Form 990 filing data is available on this page for 2020–2024.

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

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