Neil W Wallace Foundation
Neil W Wallace Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $390K in total assets. In 2024, it made $31K in qualifying distributions. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$390K
-1.9% YoY
Revenue
$27K
+115.4% YoY
Qualifying Distributions
$31K
Expenses
$34K
+1039.3% YoY
Under IRS private-foundation payout rules, Neil W Wallace Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Neil W Wallace Foundation
Based on IRS filings
Neil W Wallace Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $390K in total assets. In 2024, it made $31K in qualifying distributions. Net investment income was $24K.
Ready to take the next step with Neil W Wallace Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $390,101 | $397,640 | $388,236 |
| Revenue | $26,731 | $12,412 | $549,728 |
| Expenses | $34,270 | $3,008 | $550,140 |
| Qualifying Distributions | $30,840 | — | $547,567 |
| Net Investment Income | $23,932 | $11,780 | $8,405 |
| Distributable Amount | $19,684 | $19,111 | $18,414 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEIL W WALLACE | TRUSTEE | 0.5 | — |
| BRADFORD S WALLACE | TRUSTEE | 0.5 | — |
Frequently Asked Questions
How large is Neil W Wallace Foundation?
As of 2024, Neil W Wallace Foundation holds $390K in total assets with $27K in annual revenue.
Where does Neil W Wallace Foundation operate?
Neil W Wallace Foundation has awarded grants in New Jersey.
How much is Neil W Wallace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Neil W Wallace Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Neil W Wallace Foundation's EIN?
Neil W Wallace Foundation's EIN (Employer Identification Number) is 04-6469525. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Neil W Wallace Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Bny Mellon Charitable Gift Fund
BOSTON, MA
Assets
$2.0M
Grants
1,503
Total Given
$720.2M
Analog Devices Foundation
BOSTON, MA
Assets
$35.8M
Grants
1,158
Total Given
$2.0M
Combined Jewish Philanthropies of Greater Boston Inc
BOSTON, MA
Assets
$2.3B
Grants
1,105
Total Given
$322.3M
Barr Foundation
BOSTON, MA
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (fka Oneworld Boston Inc)
WOBURN, MA
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
BOSTON, MA
Assets
$15.4M
Grants
632
Total Given
$1.7M
The Stephen Phillips Memorial
BOSTON, MA
Assets
$41.6M
Grants
520
Total Given
$5.1M
Berkshire Bank Foundation Inc
PITTSFIELD, MA
Assets
$17.1M
Grants
478
Total Given
$2.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Neil W Wallace Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities