The Fred and Alice Wallace Charitable
The Fred and Alice Wallace Charitable Memorial Foundation is a private charitable foundation established in 1979 by Fred and Alice Wallace. Based in Springboro, Ohio, the foundation focuses on improving health and education in the Miami Valley region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+2.5% YoY
Annual Giving
$431K
-1.0% YoY
Grant Count
37
-9.8% YoY
Avg Grant Size
$12K
+9.7% YoY
Mission & Focus Areas
The foundation's stated mission is "Improving Health and Education in the Miami Valley."
Grantmaking
The foundation maintains a formal grant-making process, with information available on their website regarding application procedures and guidelines.
Grant Range
$10,000
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Geographic Focus
Where this funder awards grants
The foundation concentrates its funding efforts in the Miami Valley region, with a particular emphasis on the Springboro, Ohio area and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023):
- Total assets: $11,000,000
- Annual distributions: $478,000
- Contributions received: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,639,203 | $7,450,544 | $7,617,887 |
| Revenue | $789,064 | $416,228 | $430,410 |
| Expenses | $600,405 | $583,571 | $622,600 |
| Qualifying Distributions | $473,058 | $477,816 | $500,208 |
| Net Investment Income | $646,089 | $292,566 | $287,210 |
| Distributable Amount | $545,569 | $492,043 | $500,474 |
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
199 grants across all recorded years
Open Grants
1 open opportunity from The Fred and Alice Wallace Charitable
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members (2023):
- J R Hochwalt — President/Treasurer
- Doug Meyer — Secretary
- Dick Wick — Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J R HOCHWALT | PRESIDENT / TREASURER | 4 | $6,000 |
| DOUG MEYER | SECRETARY | 1 | $6,000 |
| DICK WICK | VICE PRESIDENT | 1 | $6,000 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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