The Wailes Family Foundation
The Wailes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64K in total assets. In 2024, it awarded 3 grants totaling $17K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$64K
-17.0% YoY
Annual Giving
$17K
-13.2% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$6K
+44.7% YoY
Under IRS private-foundation payout rules, The Wailes Family Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Wailes Family Foundation
Based on IRS filings
The Wailes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64K in total assets. In 2024, it awarded 3 grants totaling $17K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $64,300 | $77,471 | $96,919 |
| Revenue | $5,553 | $1,614 | $-3,605 |
| Expenses | $18,724 | $21,062 | $21,680 |
| Qualifying Distributions | $18,150 | $20,575 | $21,200 |
| Net Investment Income | $4,964 | $2,232 | $2,359 |
| Distributable Amount | $4,164 | $4,625 | $5,632 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trinity Episcopal Church & School ($12,500), Louise S Mcgehee School ($2,500), Metairie Park Country Day School ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| TRINITY EPISCOPAL CHURCH & SCHOOL NEW ORLEANS, LA | GENERAL OPERATING SUPPORT | $12,500 |
| LOUISE S MCGEHEE SCHOOL NEW ORLEANS, LA | GENERAL OPERATING SUPPORT | $2,500 |
| METAIRIE PARK COUNTRY DAY SCHOOL METAIRIE, LA | GENERAL OPERATING SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA P WAILES | PRES/TREAS/S | — | — |
| ANN W SINNOTT | DIRECTOR | — | — |
| ROBERT P WAILES III | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Wailes Family Foundation?
The Wailes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. It holds $64K in total assets as of 2024.
How large is The Wailes Family Foundation?
As of 2024, The Wailes Family Foundation holds $64K in total assets with $6K in annual revenue. It awarded 3 grants totaling $17K in 2024.
Where does The Wailes Family Foundation operate?
The Wailes Family Foundation has awarded grants in Alabama, Arkansas, Louisiana, Mississippi, North Carolina, Tennessee.
What size grants does The Wailes Family Foundation award?
In 2024, The Wailes Family Foundation awarded 3 grants totaling $17K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Wailes Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wailes Family Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wailes Family Foundation's EIN?
The Wailes Family Foundation's EIN (Employer Identification Number) is 72-1487356. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Wailes Family Foundation'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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