The Wallace Family Foundation

KEY LARGO, FL EIN: 04-3340295

The Wallace Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEY LARGO, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $746K in total assets. In 2025, it awarded 16 grants totaling $141K. Net investment income was $103K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$746K

-7.8% YoY

Annual Giving

$141K

+3.1% YoY

Grant Count

16

-20.0% YoY

Avg Grant Size

$9K

+28.9% YoY

About The Wallace Family Foundation

Based on IRS filings

The Wallace Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEY LARGO, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $746K in total assets. In 2025, it awarded 16 grants totaling $141K. Net investment income was $103K.

Ready to take the next step with The Wallace Family Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AtlantaBethesdaBostonDelray BeachFort PierceHodlernessHomesteadKey LargoLos AngelesMarbleheadMemphisMiddletownNeedhamNewportPatersonPlymouthProvincetownTampaTavernierWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56K$112K$168K$224K20212022202320242025
Metric202520242023
Total Assets$745,864$809,228$847,818
Revenue$140,016$162,705$124,972
Expenses$203,380$201,295$154,485
Qualifying Distributions$166,575$162,225$110,862
Net Investment Income$103,211$123,635$81,349
Distributable Amount$75,478$73,107$68,396

Giving Over Time

Total grant dollars and number of grants per year

$0$35K$71K$106K$141K9 grants202112 grants202213 grants202320 grants202416 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

TOWER SCHOOL$65KCAMP DUDLEY YMCA$23Kocean reef cultural center$11KSPECIAL OPERATIONS WARRI…$10KNORMAN BIRD SANCTUARY$10KPreservation Society of …$5KMERRY MIXERS - SALEM HOS…$5KStar Kids Scholarship PR…$4KMILL REEF FUND$2KInternational Tennis Hal…$2K

Grant Size Distribution

70 grants across all recorded years

69<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

RICHARD C WALLACETrustee$45K

From 2025 filing

NameTitleHoursCompensation
RICHARD C WALLACETrustee7$45,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with The Wallace Family Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities