Wallace and Mary Casnelli Foundation

KNOXVILLE, TN EIN: 37-1845516

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$5.5M

-2.2% YoY

Annual Giving

$359K

+2.6% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$40K

-8.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$136K$272K$409K$545K20202021202220232024
Metric202420232022
Total Assets$5,517,639$5,640,078$5,791,375
Revenue$287,305$250,872$178,576
Expenses$409,728$395,964$453,002
Qualifying Distributions$380,846$371,246$420,856
Net Investment Income$262,045$221,024$153,764
Distributable Amount$334,365$308,254$329,317

Giving Over Time

Total grant dollars and number of grants per year

$0$111K$223K$334K$446K9 grants20209 grants20219 grants20228 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

UNITED WAY OF GREATER KN…$68KHELEN ROSS MCNABB CENTER$50KEMERALD YOUTH FOUNDATION$50KBOYS AND GIRLS CLUB OF THE$50KROANE STATE COMMUNITY CO…$50KUNIVERSITY OF TENNESSEE …$50KMOBILE MEALS PROGRAM$30KAsheville Buncombe Commu…$10KYOKE YOUTH MINISTRIES$1K

Grant Size Distribution

44 grants across all recorded years

11<$50K31$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Wallace and Mary Casnelli Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THE TRUST COMPANY OF…TRUSTEE$43K

From 2024 filing

NameTitleHoursCompensation
THE TRUST COMPANY OF TENNESSEETRUSTEE1$43,193
Sharon J PryseADVISOR
HOWARD ROGER RANKINADVISOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

ArdenHarrimanKnoxville

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

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