Wallace Barbara & Kelly King
Wallace Barbara & Kelly King is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $886K in total assets. In 2024, it awarded 4 grants totaling $44K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$886K
+0.6% YoY
Annual Giving
$44K
-8.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$11K
-8.3% YoY
Under IRS private-foundation payout rules, Wallace Barbara & Kelly King reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Wallace Barbara & Kelly King
Based on IRS filings
Wallace Barbara & Kelly King is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $886K in total assets. In 2024, it awarded 4 grants totaling $44K. Net investment income was $52K.
Focus Areas
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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 | $886,463 | $881,347 | $977,912 |
| Revenue | $69,439 | $-28,687 | $46,521 |
| Expenses | $62,963 | $68,295 | $60,510 |
| Qualifying Distributions | $45,802 | $51,649 | $38,602 |
| Net Investment Income | $52,278 | — | $25,118 |
| Distributable Amount | $44,527 | $43,925 | $45,867 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Medical Center Foundation ($14,500), Texas Health Resources Foundation ($14,500), The Center for Brain Health ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S MEDICAL CENTER FOUNDATION DALLAS, TX | MEDICAL RESEARCH FOR CANCER | $14,500 |
| TEXAS HEALTH RESOURCES FOUNDATION ARLINGTON, TX | MEDICAL RESEARCH FOR HEART DISEASE | $14,500 |
| THE CENTER FOR BRAIN HEALTH DALLAS, TX | MEDICAL RESEARCH FOR ALZHEIMERS | $7,500 |
| UT SOUTHWESTERN HEALTH SYSTEMS DALLAS, TX | MEDICAL RESEARCH FOR ALZHEIMERS | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIMMONS BANK | TRUSTEE | 4 | $9,010 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wallace Barbara & Kelly King?
Wallace Barbara & Kelly King is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $886K in total assets as of 2024.
How large is Wallace Barbara & Kelly King?
As of 2024, Wallace Barbara & Kelly King holds $886K in total assets with $69K in annual revenue. It awarded 4 grants totaling $44K in 2024.
Where does Wallace Barbara & Kelly King operate?
Wallace Barbara & Kelly King has awarded grants in Texas.
What size grants does Wallace Barbara & Kelly King award?
In 2024, Wallace Barbara & Kelly King awarded 4 grants totaling $44K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Wallace Barbara & Kelly King required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wallace Barbara & Kelly King reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wallace Barbara & Kelly King's EIN?
Wallace Barbara & Kelly King's EIN (Employer Identification Number) is 75-2720794. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Wallace Barbara & Kelly King's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.