Sarah E Wallace Trust
Sarah E Wallace Trust is a private foundation, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $425K in total assets. In 2024, it made $4K in qualifying distributions. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$425K
-8.7% YoY
Revenue
$10K
-67.6% YoY
Qualifying Distributions
$4K
-91.3% YoY
Expenses
$11K
-78.9% YoY
Under IRS private-foundation payout rules, Sarah E Wallace Trust reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About Sarah E Wallace Trust
Based on IRS filings
Sarah E Wallace Trust is a private foundation, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $425K in total assets. In 2024, it made $4K in qualifying distributions. Net investment income was $15K.
Ready to take the next step with Sarah E Wallace Trust?
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 | $424,838 | $465,259 | $448,805 |
| Revenue | $9,568 | $29,497 | $95 |
| Expenses | $10,989 | $52,043 | $9,983 |
| Qualifying Distributions | $3,584 | $41,424 | $3,280 |
| Net Investment Income | $14,563 | $24,551 | $8,376 |
| Distributable Amount | $21,389 | $21,753 | $22,383 |
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
18 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 |
|---|---|---|---|
| FIRST MID WEALTH MANAGEMENT | TRUSTEE | 2 | $7,559 |
Frequently Asked Questions
How large is Sarah E Wallace Trust?
As of 2024, Sarah E Wallace Trust holds $425K in total assets with $10K in annual revenue.
Where does Sarah E Wallace Trust operate?
Sarah E Wallace Trust has awarded grants in Illinois.
How much is Sarah E Wallace Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sarah E Wallace Trust reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sarah E Wallace Trust's EIN?
Sarah E Wallace Trust's EIN (Employer Identification Number) is 37-6024600. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sarah E Wallace Trust'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
The Illinois Critical Access Hospital
PRINCETON, IL
Assets
$5.1M
Grants
57
Total Given
$1.2M
The Lumpkin Family Foundation
MATTOON, IL
Assets
$39.9M
Grants
209
Total Given
$4.0M
First Mid Bancshares Inc
MATTOON, IL
Assets
$610K
Grants
11
Total Given
$437K
The Speer Family Foundation
PORT ORANGE, FL
Assets
$24K
Grants
7
Total Given
$178K
Ruth a Apperson Trust
MATTOON, IL
Assets
$826K
Grants
3
Total Given
$88K
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
The Doug and Tracey McCord Private
OBLONG, IL
Assets
$487
Grants
3
Total Given
$8K
Eunice Zoole Foundation
SAINT LOUIS, MO
Assets
$547K
Grants
3
Total Given
$30K
Otto Baum Company Inc Foundation
MORTON, IL
Assets
$193K
Grants
48
Total Given
$57K
Southeastern Illinois Community
EFFINGHAM, IL
Assets
$74.3M
Grants
59
Total Given
$4.7M
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
More Funders in Illinois
Data last updated April 2026. Sourced from IRS Form 990-PF filings.