The Fred and Alice Wallace Charitable
The Fred and Alice Wallace Charitable Memorial Foundation is a private foundation based in Springboro, Ohio. Founded by Alice Wallace in 1979, it supports local nonprofit organizations whose projects address health and education needs in the Miami Valley.
The Fred and Alice Wallace Charitable at a glance
In short: The Fred and Alice Wallace Charitable gave $568K across 46 grants in 2025 (avg $12K), mostly in Ohio. 26% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $568,050
- +32.0% vs 2024
- Grants made (2025)
- 46
- +24.3% vs 2024
- Average grant
- $12,349
- +6.1% vs 2024
- Median grant
- $10,000
- Total assets
- $8,586,875
- +12.4% vs 2024
- New grantees (estimate)
- 26% first-time grantees (12 of 46, 2025)
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Fred and Alice Wallace Charitable
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests. Its website instructs applicants to submit three paper copies of a Letter of Intent using the Ohio Common Grant Letter of Inquiry Form, along with three copies of the organization’s most recent Form 990, by regular mail. The foundation may invite an applicant to submit a full proposal, for which it requests three copies using the Ohio Common Grant Proposal short form. Its filing also lists a completed grant application form and an IRS 501(c)(3) determination letter among the required materials. Requests must be for health or education projects in the Miami Valley, and the requested amount should not exceed 10% of the project budget.
- Review Cycle
- There are no submission deadlines. Letters of Intent are reviewed quarterly, and the foundation’s filing states that grants are made throughout the year.
- Deadline
- There are no submission deadlines.
- Contact
Application contact: Jucelen Hochwalt
Mailing address: 82 Remick Blvd, Springboro, OH 45066
Phone: (937) 469-2322
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Fred and Alice Wallace Charitable
Who The Fred and Alice Wallace Charitable funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Catholic Social Services ($60K). Together the top 10 received $271K.
Grant Size Distribution
199 grants across all recorded years
The most common grant size was under $50K: 192 grants of 199 (96%).
Geographic Focus
Where this funder awards grants
The foundation states that it supports organizations and projects in the Miami Valley, Ohio. All grant dollars itemized for filing year 2025 went to recipients in Ohio.
Grant Distribution by State
Share of 2025 grant dollars across all 46 itemized grants.
States
Cities
Is The Fred and Alice Wallace Charitable open to new grantees?
26%
first-time grantees, 2025
In 2025, 12 of 46 grantees (26%) were first-time recipients. First grants averaged $8K; repeat grants $14K. How we count
Medians: $10K first-time, $10K repeat.
- 57% of 2025 grantees were also funded in 2024. Method
- Giving grew 23% from 2022 to 2025. Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $431K (2024) to $574K (2020). In 2025 it made 46 grants totaling $568K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Catholic Social Services Dayton, OH | Education | $60,000 |
| Dayton Childrens Hospital Dayton, OH | HEALTH | $50,000 |
| Good Samaritan Foundation Dayton, OH | HEALTH | $40,000 |
| United Rehabilitation Services Dayton Dayton, OH | HEALTH | $30,000 |
| Salvation Army Dayton, OH | Education | $18,000 |
| Maple Tree Cancer Alliance Dayton, OH | HEALTH | $15,550 |
| Clothes That Work Dayton, OH | HEALTH | $15,000 |
| Homefull Inc Dayton, OH | Education | $15,000 |
| Miami Valley Leadership Foundation Dayton, OH | HEALTH | $15,000 |
| Bridget's Path Kettring, OH | HEALTH | $12,500 |
Ready to take the next step with The Fred and Alice Wallace Charitable?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,586,875 | $1,691,208 | $743,536 | $568,050 | 46 | $611,609 | $1,546,878 | $556,865 |
| 2024 | $7,639,203 | $789,064 | $600,405 | $430,500 | 37 | $473,058 | $646,089 | $545,569 |
| 2023 | $7,450,544 | $416,228 | $583,571 | $435,000 | 41 | $477,816 | $292,566 | $492,043 |
| 2022 | $7,617,887 | $430,410 | $622,600 | $460,800 | 38 | $500,208 | $287,210 | $500,474 |
| 2021 | $7,810,077 | $832,693 | $612,307 | $447,200 | 37 | $486,499 | $683,146 | $548,269 |
| 2020 | $7,589,691 | $606,325 | $713,414 | $574,067 | 46 | — | $488,547 | $463,609 |
Under IRS private-foundation payout rules, The Fred and Alice Wallace Charitable reported a distributable amount of $557K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation funds projects in health or education in the Miami Valley. Applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code.
Its 2025 grantees illustrate the range of organizations it supports. Catholic Social Services describes its work as providing social services in areas including behavioral health, family support, refugee resettlement, and services for older adults. Dayton Children’s Hospital’s stated mission is to pursue optimal health for children. Maple Tree Cancer Alliance describes its work as improving the quality of life of people with cancer through individualized exercise training. Other grantees describe work in housing and services for people experiencing homelessness, employment preparation, youth well-being, and hands-on learning for children and families.
Grantmaking
In filing year 2025, the foundation reported 46 grants totaling $568,050. Grants ranged from $3,000 to $60,000, with a median of $10,000.
Among its largest 2025 grants were $60,000 to Catholic Social Services for education, $50,000 to Dayton Children’s Hospital for health, $40,000 to Good Samaritan Foundation for health, and $30,000 to United Rehabilitation Services Dayton for health. Other grants included $18,000 to the Salvation Army for education, $15,550 to Maple Tree Cancer Alliance for health, and $15,000 each to Clothes That Work, Homefull, and Miami Valley Leadership Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists J. R. Hochwalt as president and treasurer, Doug Meyer as secretary, and Dick Wick as vice president. The foundation’s website identifies Jucelen Hochwalt as executive director.
The Fred and Alice Wallace Charitable is led by J. R. Hochwalt, President & Treasurer on every filing since 2020; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
J. R. Hochwalt
President & Treasurer
On filings since 2020
4 hrs/week
$6K (2020) → $6K (2025)
Dick Wick
Vice President
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
Doug Meyer
Secretary
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $6K, to J R Hochwalt (President / Treasurer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Fred and Alice Wallace Charitable
How much does The Fred and Alice Wallace Charitable give each year?
The Fred and Alice Wallace Charitable gave $568K across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $431K across 37 grants.
What is The Fred and Alice Wallace Charitable's typical grant size?
The Fred and Alice Wallace Charitable's median grant in 2025 was $10,000, and its average grant was $12,349, across 46 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Fred and Alice Wallace Charitable that year got $8K on average.
Where does The Fred and Alice Wallace Charitable give grants?
The Fred and Alice Wallace Charitable gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dayton, OH (35 grants), Xenia, OH (2 grants) and Sidney, OH (2 grants).
Does The Fred and Alice Wallace Charitable give general operating support?
Not in 2025: none of the 46 grants with a stated purpose on The Fred and Alice Wallace Charitable's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (23 grants) and "Health" (21 grants).
Who are The Fred and Alice Wallace Charitable's largest grantees?
The Fred and Alice Wallace Charitable's largest 2025 grantees include Catholic Social Services ($60,000), Dayton Childrens Hospital ($50,000) and Good Samaritan Foundation ($40,000), according to its 2025 IRS Form 990-PF. Together they received 26% of its itemized 2025 grant dollars.
How large is The Fred and Alice Wallace Charitable?
The Fred and Alice Wallace Charitable reported $8.6M in total assets on its 2025 IRS Form 990-PF. It paid out $612K in qualifying distributions that year, against a required minimum of $557K (roughly 5% of its investment assets).
What does The Fred and Alice Wallace Charitable fund?
The foundation funds projects in health or education in the Miami Valley. Applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code. See mission & focus areas ↑
How do I apply for a grant from The Fred and Alice Wallace Charitable?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Fred and Alice Wallace Charitable's EIN?
The Fred and Alice Wallace Charitable's EIN (Employer Identification Number) is 31-0944135. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Fred and Alice Wallace Charitable accept unsolicited proposals?
Yes, 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 October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 18, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Fred and Alice Wallace Charitable's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Iddings Benevolent Trust
Chicago, IL
The Iddings Benevolent Trust supports charitable, educational, health, community, and youth-focused projects, primarily in Montgomery County, Ohio, especially the Greater Dayton area. In 2024, grants ranged from $1,500 to $50,000, with a median award of $10,000. It accepts proposals, but applicants must speak with the Administrator before applying.
Assets
$11.8M
Grants
51
Total Given
$594K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Mathile Family Foundation
Dayton, OH
The Mathile Family Foundation supports basic needs, education, mental health, and positive youth development, with highest priority for organizations serving Montgomery County and the Greater Dayton area. Its 2024 grants had a median of $20,000, though amounts ranged from $250 to over $5 million.
Assets
$291.9M
Grants
143
Total Given
$16.6M
WPCU Sunshine Community Fund
Beavercreek, OH
The WPCU Sunshine Community Fund supports nonprofits and community programs that advance financial well-being, including work in education, housing, employment, food security, and health. Its InspiRAYtion Grants typically range from $5,000 to $25,000 and serve WPCU communities in southwest and central Ohio; organizations begin by submitting a Letter of Interest, with selected applicants invited to apply in full.
Assets
$1.4M
Grants
26
Total Given
$310K
The Dayton Power and Light Company
Dayton, OH
The Dayton Power and Light Company funds Ohio community organizations working in education and employment readiness, health and human services, the arts, and urgent needs such as housing and food insecurity, with a focus on its 24-county West Central Ohio service area. In 2024, grants ranged from $2,500 to $120,000, with a median of $25,000. It accepts applications through an online process; organizations may apply once every 12 months.
Assets
$26.0M
Grants
54
Total Given
$1.6M
Virginia W Kettering Foundation
Chicago, IL
The Virginia W Kettering Foundation supports arts and culture, education, the environment, health, and human services, primarily in eight Ohio counties, with some named institutions also eligible. Its 2024 grants ranged from $2,398 to $165,000, with a median of $15,000. It accepts requests through an online process, with no deadline listed.
Assets
$23.8M
Grants
66
Total Given
$1.4M
More similar funders
More Funders in Ohio
Cite this profile
Grantable. (2026). The Fred and Alice Wallace Charitable funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-fred-and-alice-wallace-charitable-morg_3b1b88fecc6942e48b4eb70e50eb4bc9
BibTeX
@misc{grantable_310944135_2026,
author = {{Grantable}},
title = {{The Fred and Alice Wallace Charitable funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-fred-and-alice-wallace-charitable-morg_3b1b88fecc6942e48b4eb70e50eb4bc9},
note = {Accessed 2026-10-16. 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 The Fred and Alice Wallace Charitable'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.
The Fred and Alice Wallace Charitable down — hundreds of funders to go?