Trust Under Will of B J Wade
Trust Under Will of B J Wade is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $447K in total assets. In 2024, it awarded 6 grants totaling $598K. Net investment income was $342K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$447K
-38.6% YoY
Annual Giving
$598K
+161.6% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$100K
+30.8% YoY
Under IRS private-foundation payout rules, Trust Under Will of B J Wade reported a distributable amount of $440K for 2024 — the minimum it must pay out in qualifying distributions.
About Trust Under Will of B J Wade
Based on IRS filings
Trust Under Will of B J Wade is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $447K in total assets. In 2024, it awarded 6 grants totaling $598K. Net investment income was $342K.
Ready to take the next step with Trust Under Will of B J Wade?
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 | $446,561 | $727,259 | $732,141 |
| Revenue | $398,918 | $277,509 | $269,334 |
| Expenses | $679,616 | $282,165 | $40,867 |
| Qualifying Distributions | $611,889 | $242,381 | $13,229 |
| Net Investment Income | $341,526 | $237,725 | $241,759 |
| Distributable Amount | $439,722 | $423,945 | $383,876 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baptist Memorial Hospital - Union City ($181,869), Dunlap Orphanage the Arp Center ($169,757), Baptist Memorial Hospital - Union City ($117,270).
| Recipient | Purpose | Amount |
|---|---|---|
| BAPTIST MEMORIAL HOSPITAL - UNION CITY UNION CITY, TN | HEALTHCARE | $117,270 |
| DUNLAP ORPHANAGE THE ARP CENTER GREENVILLE, SC | CARE FOR VULNERABLE YOUTH | $109,459 |
| RIVES UNION CHURCH UNION CITY, TN | RELIGION | $7,810 |
| BAPTIST MEMORIAL HOSPITAL - UNION CITY UNION CITY, TN | HEALTHCARE | $181,869 |
| DUNLAP ORPHANAGE THE ARP CENTER GREENVILLE, SC | CARE FOR VULNERABLE YOUTH | $169,757 |
| RIVES UNION CHURCH UNION CITY, TN | RELIGION | $12,112 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST HORIZON BANK | TRUSTEE | 2 | $27,224 |
Frequently Asked Questions
How large is Trust Under Will of B J Wade?
As of 2024, Trust Under Will of B J Wade holds $447K in total assets with $399K in annual revenue. It awarded 6 grants totaling $598K in 2024.
Where does Trust Under Will of B J Wade operate?
Trust Under Will of B J Wade has awarded grants in South Carolina, Tennessee.
What size grants does Trust Under Will of B J Wade award?
In 2024, Trust Under Will of B J Wade awarded 6 grants totaling $598K — an average of about $100K per grant, based on its IRS Form 990 filings.
How much is Trust Under Will of B J Wade required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Trust Under Will of B J Wade reported a distributable amount of $440K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Trust Under Will of B J Wade's EIN?
Trust Under Will of B J Wade's EIN (Employer Identification Number) is 62-6040797. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Trust Under Will of B J Wade's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.