The Wallace and Baum Family Foundation Inc
The Wallace and Baum Family Foundation Inc is a private foundation based in New York, NY. In its 2025 filing, it reported 10 grants totaling $201,000, including support for education, scholarships, workplace conflict resolution, reproductive health services and advocacy, and animal shelters.
The Wallace and Baum Family Foundation Inc at a glance
In short: The Wallace and Baum Family Foundation Inc gave $201K across 10 grants in 2025 (avg $20K), mostly in New York. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $201,000
- +23.3% vs 2024
- Grants made (2025)
- 10
- +0.0% vs 2024
- Average grant
- $20,100
- +23.3% vs 2024
- Median grant
- $15,000
- Total assets
- $1,636,060
- +7.7% vs 2024
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2025; small sample)
- Primary geography
- New York (82% 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 Wallace and Baum Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 40 West 77Th Street, New York, NY 10024
Phone: (212) 415-7443
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Wallace and Baum Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Network for Teaching Entrepreneurship ($75K). Together the top 10 received $201K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 33 grants of 39 (85%).
Geographic Focus
Where this funder awards grants
In 2025, 82% of grant dollars went to recipients in New York, 7% to Pennsylvania, 5% to Virginia, 3% to New Jersey, and 2% to Louisiana.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
Is The Wallace and Baum Family Foundation Inc open to new grantees?
30%
first-time grantees, 2025
In 2025, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $7K; repeat grants $26K. How we count
Medians: $6K first-time, $15K repeat.
- 70% of 2025 grantees were also funded in 2024. Method
- Giving grew 96% from 2022 to 2025. Method
- In 2025 it paid out 131% 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 $80K (2020) to $201K (2025). In 2025 it made 10 grants totaling $201K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Network for Teaching Entrepreneurship New York, NY | Charitable - Supporting Entrepreneurship Education Programs | $75,000 |
| De La Salle Academy New York, NY | Charitable - Educational | $30,000 |
| Cornell Univ Scheinman Inst on Conflict Resolution Ithaca, NY | Charitable - to support research, teaching, training and outreach on workplace conflict resolution | $20,000 |
| Washington & Jefferson College Washington, PA | Charitable - Scholarship | $15,000 |
| Cornell University Ithaca, NY | Charitable - Scholarship and Annual Fund Drive | $15,000 |
| Planned Parenthood of Greater NY New York, NY | Charitable - to support organization which provides services, education, and advocacy for reproductive health rights and access | $15,000 |
| NAF New York, NY | Charitable - Educational | $10,000 |
| The Salvation Army Alexandria, VA | Charitable - | $10,000 |
| Father Johns Animal House Lafayette Township, NJ | Charitable - Animal Shelter | $6,000 |
| Cara's House Sorrento, LA | Charitable - Animal Shelter | $5,000 |
Ready to take the next step with The Wallace and Baum Family Foundation Inc?
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 | $1,636,060 | $433,634 | $207,585 | $201,000 | 10 | $201,000 | $321,887 | $153,977 |
| 2024 | $1,518,531 | $256,236 | $164,152 | $163,000 | 10 | $163,000 | $151,393 | $139,743 |
| 2023 | $1,524,708 | $166,593 | $177,609 | $170,000 | 6 | $170,000 | $52,410 | $116,143 |
| 2022 | $1,645,515 | $345,834 | $108,193 | $102,500 | 6 | $102,500 | $223,515 | $107,508 |
| 2021 | $1,524,647 | $345,448 | $189,130 | $182,500 | 7 | $182,500 | $248,637 | $117,195 |
| 2020 | $1,460,120 | $289,890 | $84,895 | $80,000 | 4 | — | $191,736 | $90,899 |
Under IRS private-foundation payout rules, The Wallace and Baum Family Foundation Inc reported a distributable amount of $154K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, the Network for Teaching Entrepreneurship describes itself as providing entrepreneurship education to students from under-resourced communities and offering programs for college students and adult learners. NAF says it brings education, business, and community leaders together to transform the high school experience. Father John’s Animal House describes itself as a no-kill shelter providing care for homeless dogs and cats until adoption.
Grantmaking
In 2025, the foundation gave $201,000 through 10 grants. Awards ranged from $5,000 to $75,000, with a median grant of $15,000. Its largest grant was $75,000 to the Network for Teaching Entrepreneurship for entrepreneurship education programs. Other grants included $30,000 to De La Salle Academy for educational purposes; $20,000 to Cornell University’s Scheinman Institute on Conflict Resolution for research, teaching, training, and outreach on workplace conflict resolution; and $15,000 each to Washington & Jefferson College for a scholarship, Cornell University for scholarships and its annual fund drive, and Planned Parenthood of Greater New York for services, education, and advocacy related to reproductive health rights and access. The foundation also awarded $10,000 to NAF for educational purposes and $10,000 to The Salvation Army.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Holly B. Wallace as president and treasurer, Edwin M. Baum as vice president and secretary, and Alison Baum as a director.
The Wallace and Baum Family Foundation Inc is led by Holly B. Wallace, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Holly B. Wallace
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Alison Baum
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Edwin M. Baum
V.p. & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
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.
Frequently asked questions about The Wallace and Baum Family Foundation Inc
How much does The Wallace and Baum Family Foundation Inc give each year?
The Wallace and Baum Family Foundation Inc gave $201K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $163K across 10 grants.
What is The Wallace and Baum Family Foundation Inc's typical grant size?
The Wallace and Baum Family Foundation Inc's median grant in 2025 was $15,000, and its average grant was $20,100, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Wallace and Baum Family Foundation Inc that year got $7K on average.
Where does The Wallace and Baum Family Foundation Inc give grants?
The Wallace and Baum Family Foundation Inc gives mostly in New York: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (7%). The most frequent recipient cities were New York, NY (4 grants) and Ithaca, NY (2 grants).
Does The Wallace and Baum Family Foundation Inc give general operating support?
Yes: 10% of The Wallace and Baum Family Foundation Inc's 2025 grants with a stated purpose (1 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Wallace and Baum Family Foundation Inc's largest grantees?
The Wallace and Baum Family Foundation Inc's largest 2025 grantees include Network for Teaching Entrepreneurship ($75,000), De La Salle Academy ($30,000) and Cornell Univ Scheinman Inst on Conflict Resolution ($20,000), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is The Wallace and Baum Family Foundation Inc?
The Wallace and Baum Family Foundation Inc reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $201K in qualifying distributions that year, against a required minimum of $154K (roughly 5% of its investment assets).
What does The Wallace and Baum Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Wallace and Baum Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Wallace and Baum Family Foundation Inc's EIN?
The Wallace and Baum Family Foundation Inc's EIN (Employer Identification Number) is 13-4147868. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Wallace and Baum Family Foundation Inc accept unsolicited proposals?
No, 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 September 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 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Wallace and Baum Family Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-wallace-and-baum-family-foundation-inc-morg_60ee4557c00e490c9f09247d713db53b
BibTeX
@misc{grantable_134147868_2026,
author = {{Grantable}},
title = {{The Wallace and Baum Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-wallace-and-baum-family-foundation-inc-morg_60ee4557c00e490c9f09247d713db53b},
note = {Accessed 2026-10-10. 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 Wallace and Baum Family Foundation Inc'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.
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