Wallace Kent Foundation Inc

Private foundation · Grantmaker Tacoma, WA EIN: 20-1945069

Wallace Kent Foundation Inc is a private foundation based in Tacoma, Washington. Its 2025 filing reports grants to charitable organizations working in areas including youth, education, hunger relief, health, and cultural education.

Key facts about Wallace Kent Foundation Inc

In short: Wallace Kent Foundation Inc gave $19K across 18 grants in 2025 (avg $1K), top state California. 72% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
20-1945069
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$19,294
Grants made (2025)
18
Average grant
$1,072
Median grant
$1,000
New grantees (estimate)
72% first-time grantees (13 of 18, 2025)
Total assets
$247,861
Primary geography
California (21% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$248K

+16.6% YoY

Annual Giving

$19K

+58.4% YoY

Grant Count

18

+157.1% YoY

Avg Grant Size

$1K

-38.4% YoY

Under IRS private-foundation payout rules, Wallace Kent Foundation Inc reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.

Is Wallace Kent Foundation Inc open to new grantees?

72%

first-time grantees, 2025

In 2025, 13 of 18 grantees (72%) were first-time recipients. First grants averaged $753; repeat grants $2K. How we count

Medians: $1K first-time, $2K repeat.

  • 22% of 2025 grantees were also funded in 2024. Method
  • Giving grew 28% from 2022 to 2025. Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied purposes. For example, Orangewood Foundation describes its mission as supporting the lives young people envision, while Three Square says its mission is to provide wholesome food to people experiencing hunger. Cascade Public Media describes its mission as informing and inspiring its community. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In filing year 2025, the foundation reported 18 grants totaling $19,294. Grant amounts ranged from $100 to $2,000, with a median of $1,000.

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Geographic Focus

Where this funder awards grants

The 2025 filing reports that grant dollars went to recipients in multiple states. The largest shares were directed to California (21%), Washington (17%), and North Carolina, Virginia, and Nevada (16% each).

Grant Distribution by State

9states

Share of 2025 grant dollars across all 18 itemized grants.

Cities

TacomaLas VegasDallasSanta AnaLexingtonRaleighCincinnatiWashingtonAuburnBaltimoreFederal WayFountain ValleyFredricksburgHoustonMiltonPalos VerdesPlymouthRye BrookSan JoseSeattle

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K10 grants2020 8 grants2021 7 grants2022 8 grants2023 7 grants2024 18 grants2025

From 2020 to 2025, annual grant giving ranged from $12K (2024) to $23K (2021). In 2025 it made 18 grants totaling $19K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Bright Futures: $2KBright Futures$2KOrangewood Foundation: $2KOrangewood Foundation$2KSusan G Komen: $2KSusan G Komen$2KVMI Foundation: $2KVMI Foundation$2KJake Kielb Hockey foundation: $2KJake Kielb Hockey foundation$2KThree Square: $2KThree Square$2KCascade Public Media: $1KCascade Public Media$1KCatholic Relief Serices: $1KCatholic Relief Serices$1KFountain Valley School Foundation: $1KFountain Valley SchoolFoundation$1KGrand Cinema: $1KGrand Cinema$1K

The largest 2025 recipient was Bright Futures ($2K). Together the top 10 received $15K.

Grant Size Distribution

48 grants across all recorded years

48<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 48 grants of 48 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bright Futures Raleigh, NCyouth$2,000
Orangewood Foundation Santa Ana, CAyouth$2,000
Susan G Komen Dallas, TXmedical research$2,000
VMI Foundation Lexington, VAyouth education$2,000
Jake Kielb Hockey foundation Las Vegas, NVrecreation equipment charity$1,500
Three Square Las Vegas, NVHunger$1,500
Cascade Public Media Seattle, WAeducation$1,000
Catholic Relief Serices Baltimore, MDsocial services$1,000
Fountain Valley School Foundation Fountain Valley, CAeducation$1,000
Grand Cinema Tacoma, WAcultural education$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $247,861 $55,817 $20,463 $19,294
2024 $212,507 $16,929 $12,468 $12,181
2023 $208,046 $6,967 $18,739 $18,411
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$247,861$212,507$208,046
Revenue$55,817$16,929$6,967
Expenses$20,463$12,468$18,739
Qualifying Distributions$20,463$12,181$18,411
Net Investment Income$14,648$16,929$6,853
Distributable Amount$22,090$20,436$18,120

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 4, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 4, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 15, 2025)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Judith W Kent as president; John Kent as vice president; Shannon Russell as secretary; and Elizabeth Matthews, Adam Wallace, Robert Collins, and Karen Collier as board members.

Wallace Kent Foundation Inc is led by Judith W Kent, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Judith W Kent

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Adam Wallace

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Elizabeth Matthews

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • John Kent

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Karen Collier

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Robert Collins

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Shannon Russell

    Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

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.

Contact

Mailing address: 5818 Overlook Ave Ne, Tacoma, WA 98422
Phone: (253) 241-4340

Frequently asked questions about Wallace Kent Foundation Inc

How much does Wallace Kent Foundation Inc give each year?

Wallace Kent Foundation Inc gave $19K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 7 grants.

What is Wallace Kent Foundation Inc's typical grant size?

Wallace Kent Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,072, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Wallace Kent Foundation Inc that year got $753 on average.

Where does Wallace Kent Foundation Inc give grants?

Wallace Kent Foundation Inc's top state is California, with 21% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Washington (17%) and North Carolina (16%). The most frequent recipient cities were Las Vegas, NV (2 grants) and Tacoma, WA (2 grants).

Does Wallace Kent Foundation Inc give general operating support?

Not in 2025: none of the 18 grants with a stated purpose on Wallace Kent Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (4 grants).

Who are Wallace Kent Foundation Inc's largest grantees?

Wallace Kent Foundation Inc's largest 2025 grantees include Bright Futures ($2,000), Orangewood Foundation ($2,000) and Susan G Komen ($2,000), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.

How large is Wallace Kent Foundation Inc?

Wallace Kent Foundation Inc reported $248K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Wallace Kent Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied purposes. See mission & focus areas ↑

How do I apply for a grant from Wallace Kent Foundation Inc?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Wallace Kent Foundation Inc's EIN?

Wallace Kent Foundation Inc's EIN (Employer Identification Number) is 20-1945069. IRS Form 990 filing data is available on this page for 2020–2025.

Does Wallace Kent Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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