The William H & Margaret M Wallace

MISSOULA, MT EIN: 81-0504215

The William H and Margaret M Wallace Foundation is a private foundation based in Missoula, Montana. The foundation was granted tax-exempt status in April 1996 and operates as a grantmaking organization supporting nonprofit work across Montana.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-5.3% YoY

Annual Giving

$549K

-8.7% YoY

Grant Count

30

-6.3% YoY

Avg Grant Size

$18K

-2.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Wildlife and conservation initiatives
  • Youth education programs

Grantmaking

The foundation awarded $25,000 to Raptors of the Rockies in 2023 for youth education programming.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in Montana, with a particular emphasis on the Missoula area and surrounding regions.

Grant Distribution by State

1states

States

Cities

BillingsDeer LodgeDrummondFlorenceGreat FallsMissoulaPhilipsburg

Financial History

Multi-year comparison from IRS filings

  • Total Assets (2023): $5,000,000
  • Total Assets (2024): $4,312,725
  • Total Distributions (2023): $601,000
  • Total Giving (2024): $534,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$220K$439K$659K$879K20202021202220232024
Metric202420232022
Total Assets$4,312,725$4,555,212$5,051,636
Revenue$317,334$131,387$292,535
Expenses$560,850$628,420$645,210
Qualifying Distributions$534,000$601,000$599,000
Net Investment Income$293,540$108,039$267,732
Distributable Amount$239,698$241,740$275,390

Giving Over Time

Total grant dollars and number of grants per year

$0$150K$301K$451K$601K29 grants202033 grants202131 grants202232 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MISSOULA FOOD BANK$80KPOWELL COUNTY HIGH SCHOO…$35KMONTANA NATURAL HISTORY …$30KCHILDRENS ONCOLOGY CAMP …$30KYWCA$30KRONALD MCDONALD HOUSE$25KST PATRICK HOUSE$25KRAPTORS OF THE ROCKIES$25KWATSONS CHILDRENS FOUNDA…$25KSPECIAL OLYMPICS OF MONT…$25K

Grant Size Distribution

155 grants across all recorded years

149<$50K6$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

Leadership team and compensation from IRS filings

The foundation is governed by the following board members:

  • Greg L Hanson – President & Director
  • HJ Hanson – Secretary & Director
  • Gary L Graham – Director
  • Carol A Graham – Director
  • Greg Malone – Director
  • Jill Malone – Director

Compensation Overview

From 2024 IRS filing

JILL MALONEDirector$1K

From 2024 filing

NameTitleHoursCompensation
GREG L HANSONPRESIDENT & DIR2.5
HJ HANSONSECRETARY & DIR0.3
GARY L GRAHAMDirector0.3
CAROL A GRAHAMDirector0.3
GREG MALONEDirector0.3
JILL MALONEDirector0.3$1,000

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. Research dossier generated April 2026.

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