The Michael & Victoria Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEQUESTA, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 17 grants totaling $504K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
-97.5% YoY
Annual Giving
$504K
+172.4% YoY
Grant Count
17
+183.3% YoY
Avg Grant Size
$30K
-3.9% YoY
Under IRS private-foundation payout rules, The Michael & Victoria Wallace reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Michael & Victoria Wallace
Based on IRS filings
The Michael & Victoria Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEQUESTA, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 17 grants totaling $504K. Net investment income was $39K.
Focus Areas
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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 | $3,482 | $141,713 | $131,583 |
| Revenue | $379,982 | $206,672 | $188,758 |
| Expenses | $518,213 | $196,542 | $131,279 |
| Qualifying Distributions | $509,302 | $189,721 | $125,400 |
| Net Investment Income | $38,906 | $99,851 | $56,510 |
| Distributable Amount | $3,839 | $11,895 | $12,163 |
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
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marquette University ($175,000), Sisters of Charity of Leavenworth ($100,000), Johns Hopkins University ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAINT MARY'S PARISH & FAITH DIRECT ANNAPOLIS, MD | GENERAL SUPPORT | $2,500 |
| VALOR CHRISTIAN HIGH SCHOOL SANDPOINT, ID | GENERAL SUPPORT | $24,580 |
| ASSOCIATION OF THE MIRACULOUS MEDAL PHILADELPHIA, PA | GENERAL SUPPORT | $560 |
| KIGHTS OF COLUMBUS COUNCIL 6569 TEQUESTA, FL | GENERAL SUPPORT | $2,000 |
| CAPITAL RESEARCH CENTER WASHINGTON, DC | GENERAL SUPPORT | $2,500 |
| NATIONAL GEOGRAPHIC SOCIETY WASHINGTON, DC | GENERAL SUPPORT | $500 |
| JUDICIAL WATCH WASHINGTON, DC | GENERAL SUPPORT | $2,000 |
| THE HERITAGE FOUNDATION WASHINGTON, DC | GENERAL SUPPORT | $2,000 |
| PARALYZED VETERANS OF AMERICA WASHINGTON, DC | GENERAL SUPPORT | $500 |
| SISTERS OF CHARITY OF LEAVENWORTH BROOMFIELD, CO | GENERAL SUPPORT | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Wallace | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Michael & Victoria Wallace?
The Michael & Victoria Wallace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEQUESTA, FL. It holds $3K in total assets as of 2024.
How large is The Michael & Victoria Wallace?
As of 2024, The Michael & Victoria Wallace holds $3K in total assets with $380K in annual revenue. It awarded 17 grants totaling $504K in 2024.
Where does The Michael & Victoria Wallace operate?
The Michael & Victoria Wallace has awarded grants in California, Colorado, District of Columbia, Florida, Idaho, Illinois, Indiana, Kansas, Louisiana, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, Wisconsin.
What size grants does The Michael & Victoria Wallace award?
In 2024, The Michael & Victoria Wallace awarded 17 grants totaling $504K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is The Michael & Victoria Wallace required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michael & Victoria Wallace reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michael & Victoria Wallace's EIN?
The Michael & Victoria Wallace's EIN (Employer Identification Number) is 26-1564131. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Michael & Victoria Wallace's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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