Wallace George & Margaret Fdn Tuw

SAINT LOUIS, MO EIN: 32-0602659

Wallace George & Margaret Fdn Tuw is a private foundation, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $788K in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$788K

+0.5% YoY

Annual Giving

$30K

-25.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

-25.0% YoY

Under IRS private-foundation payout rules, Wallace George & Margaret Fdn Tuw reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About Wallace George & Margaret Fdn Tuw

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $201K (100%)

States

Michigan

Cities

Marquette

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$787,935	$783,871	$810,913
Revenue	$51,624	$29,146	$-6,712
Expenses	$47,496	$56,010	$59,076
Qualifying Distributions	$32,587	$42,432	$44,443
Net Investment Income	$36,844	$14,905	$12,980
Distributable Amount	$48,353	$44,663	$46,758

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church ($30,000).

Recipient	Purpose	Amount
FIRST PRESBYTERIAN CHURCH MARQUETTE, MI	GENERAL OPERATING	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$14,853

Frequently Asked Questions

How large is Wallace George & Margaret Fdn Tuw?

As of 2024, Wallace George & Margaret Fdn Tuw holds $788K in total assets with $52K in annual revenue. It awarded 1 grants totaling $30K in 2024.

Where does Wallace George & Margaret Fdn Tuw operate?

Wallace George & Margaret Fdn Tuw has awarded grants in Michigan.

What size grants does Wallace George & Margaret Fdn Tuw award?

In 2024, Wallace George & Margaret Fdn Tuw awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Wallace George & Margaret Fdn Tuw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wallace George & Margaret Fdn Tuw reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wallace George & Margaret Fdn Tuw's EIN?

Wallace George & Margaret Fdn Tuw's EIN (Employer Identification Number) is 32-0602659. IRS Form 990 filing data is available on this page for 2020–2024.