Wallace and Mary Casnelli Foundation
Wallace and Mary Casnelli Foundation is a private foundation, based in Knoxville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.6M in total assets. In 2025, it awarded 8 grants totaling $351K. Net investment income was $438K.
Key facts about Wallace and Mary Casnelli Foundation
In short: Wallace and Mary Casnelli Foundation gave $351K across 8 grants in 2025 (avg $44K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- EIN
- 37-1845516
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $351,000
- Grants made (2025)
- 8
- Average grant
- $43,875
- Median grant
- $50,000
- Total assets
- $5,576,074
- Primary geography
- Tennessee (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.6M
+1.1% YoY
Annual Giving
$351K
-2.3% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$44K
+9.9% YoY
Under IRS private-foundation payout rules, Wallace and Mary Casnelli Foundation reported a distributable amount of $346K for 2025 — the minimum it must pay out in qualifying distributions.
How Wallace and Mary Casnelli Foundation gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Wallace and Mary Casnelli Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $350K (2023) to $446K (2021). In 2025 it made 8 grants totaling $351K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was United Way of Greater Knoxville ($70K). Together the top 8 received $351K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was in the $50–100K range: 31 grants of 43 (72%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Greater Knoxville Knoxville, TN | General Funding | $70,000 |
| Helen Ross McNabb Center Knoxville, TN | General Funding | $50,000 |
| Emerald Youth Foundation Knoxville, TN | General Funding | $50,000 |
| The Boys and Girls Club of Knoxville, TN | General Funding | $50,000 |
| Roane State Community College Harriman, TN | General Funding | $50,000 |
| University of Tennessee Medical Center Knoxville, TN | Program Support | $50,000 |
| Mobile Meals Program Knoxville, TN | General Funding | $30,000 |
| Yoke Youth Ministries Knoxville, TN | General Funding | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,576,074 | $5,517,639 | $5,640,078 |
| Revenue | $463,904 | $287,305 | $250,872 |
| Expenses | $405,435 | $409,728 | $395,964 |
| Qualifying Distributions | $375,298 | $380,846 | $371,246 |
| Net Investment Income | $437,952 | $262,045 | $221,024 |
| Distributable Amount | $345,538 | $334,365 | $308,254 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Wallace and Mary Casnelli Foundation's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
The Trust Company Of Tennessee
Trustee
On filings since 2020
1 hr/week
$41K (2020) → $45K (2025)
Howard Roger Rankin
Advisor
On filings since 2020
No compensation reported
Sharon J Pryse
Advisor
On filings since 2024
No compensation reported
Former officers (2)
- Former: Stacy E. Roettger (2020–2023) — Advisor
- Former: Will J. Pugh (2020–2023) — Advisor
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $45K, to The Trust Company of Tennessee (Trustee).
Frequently asked questions about Wallace and Mary Casnelli Foundation
How much does Wallace and Mary Casnelli Foundation give each year?
Wallace and Mary Casnelli Foundation gave $351K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $359K across 9 grants.
What is Wallace and Mary Casnelli Foundation's typical grant size?
Wallace and Mary Casnelli Foundation's median grant in 2025 was $50,000, and its average grant was $43,875, across 8 grants on its 2025 IRS Form 990-PF.
Where does Wallace and Mary Casnelli Foundation give grants?
Wallace and Mary Casnelli Foundation gives mostly in Tennessee: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Knoxville, TN (7 grants).
Does Wallace and Mary Casnelli Foundation give general operating support?
Yes: 88% of Wallace and Mary Casnelli Foundation's 2025 grants with a stated purpose (7 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Wallace and Mary Casnelli Foundation's largest grantees?
Wallace and Mary Casnelli Foundation's largest 2025 grantees include United Way of Greater Knoxville ($70,000), Helen Ross McNabb Center ($50,000) and Emerald Youth Foundation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Wallace and Mary Casnelli Foundation?
Wallace and Mary Casnelli Foundation reported $5.6M in total assets on its 2025 IRS Form 990-PF. It paid out $375K in qualifying distributions that year, against a required minimum of $346K (roughly 5% of its investment assets).
What is Wallace and Mary Casnelli Foundation's EIN?
Wallace and Mary Casnelli Foundation's EIN (Employer Identification Number) is 37-1845516. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Wallace and Mary Casnelli Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Wallace and Mary Casnelli Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Haslam Family Foundation Inc
Knoxville, TN
In 2024, the foundation funded music and arts, health, youth services, education, and community services, primarily in Tennessee. Its 34 grants ranged from $3,500 to $2.5 million, with a median of $75,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$19.3M
Grants
34
Total Given
$8.0M
University Health System Inc
Knoxville, TN
University Health System Inc funds nonprofit work aligned with its mission of healing, education, and discovery, including health, education, and community programs in greater Knoxville and East Tennessee. Its 2024 grants ranged from $5,000 to $112,000, with a median of $6,750. It accepts unsolicited requests through an online form, reviewed quarterly.
Assets
$1.3B
Grants
34
Total Given
$552K
Enterprise Holdings Foundation
Saint Louis, MO
Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Akima Club Inc
Knoxville, TN
Akima's mission is to be a friend to the community by giving of ourselves and our resources with respect, dedication and compassion.
Assets
$41K
Grants
0
Total Given
$100K
Choicedata Foundation Inc
Knoxville, TN
Assets
$26.9M
Grants
6
Total Given
$1.3M
The Clayton Family Foundation
Knoxville, TN
The Clayton Family Foundation supports education, arts, community services, and conservation, with 2024 grants concentrated in Massachusetts (90%) and Tennessee (10%). Grants ranged from $500 to $10 million, though the median was $5,000; it accepts unsolicited requests year-round from qualified 501(c)(3) organizations and government agencies.
Assets
$92.6M
Grants
47
Total Given
$11.1M
Covenant Health
Knoxville, TN
Covenant Health supports community health and related services, including hospital programs, healthcare access, youth, and community initiatives. Its 2024 grants ranged from $7,000 to $61,948, with a median of $12,500, and went primarily to Tennessee organizations (97% of grant dollars), with 3% going to Iowa. The profile does not state whether it accepts unsolicited requests.
Assets
$2.0B
Grants
13
Total Given
$314K
Food City Charitable Foundation
Abingdon, VA
The foundation provides unrestricted support to local nonprofits to help cover funding shortfalls, including organizations working in children’s care, health, social services, community events, and arts and culture. In 2025, grants ranged from $5,500 to $105,500, with a median of $15,000, and most funding went to organizations in Tennessee and Virginia. The available information does not state whether it accepts unsolicited requests.
Assets
$6.1M
Grants
67
Total Given
$1.5M
Tygdh Foundation
Louisville, KY
The TYGDH Foundation supports organizations working in health care, food assistance, housing, youth services, animal welfare, and education, with most 2025 funding going to Tennessee and additional grants in Virginia and North Carolina. Its 25 grants ranged from $500 to $30,000, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.1M
Grants
25
Total Given
$131K
Robert Lee Weiss Foundation
Knoxville, TN
The Robert Lee Weiss Foundation supports Tennessee organizations working in health care, youth leadership, housing, food assistance, missions, and community service. Its 2025 grants ranged from $2,000 to $22,000, with a median of $4,000. The 2024 filing says it does not limit giving to preselected organizations and advises contacting the foundation for its application form and grant policy.
Assets
$2.8M
Grants
26
Total Given
$160K
The Haslam 3 Foundation Inc
Knoxville, TN
The foundation funds education, youth sports, health and human services, parks and public spaces, and community-impact work, primarily in Tennessee and Ohio. Its 2024 grants had a median of $200,000, though awards ranged from $4,100 to $6.3 million. It accepts unsolicited written requests from 501(c)(3) organizations.
Assets
$88.7M
Grants
28
Total Given
$21.4M
The Charlie & Moll Anderson Foundation
Florence, AL
The foundation funds basic needs such as shelter, hunger, education, and protecting women and children, along with a range of charitable organizations. Its 2025 grants ranged from $1,000 to $3.5 million, with a median of $15,000; most funding went to Tennessee, with some grants elsewhere. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$14.2M
Grants
29
Total Given
$5.6M
More Funders in Tennessee
Wallace and Mary Casnelli Foundation down — hundreds of funders to go?