Wallack Family Foundation Inc

MIAMI BEACH, FL EIN: 65-0879510

Wallack Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18K in total assets. In 2024, it awarded 4 grants totaling $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18K

-14.8% YoY

Annual Giving

$1K

Grant Count

Avg Grant Size

$250

Under IRS private-foundation payout rules, Wallack Family Foundation Inc reported a distributable amount of $981 for 2024 — the minimum it must pay out in qualifying distributions.

About Wallack Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $4K (100%)

States

Florida

Cities

DoralHomesteadMiamiTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,325	$21,513	$21,833
Revenue	—	—	—
Expenses	$3,188	$320	$3,150
Qualifying Distributions	$1,000	—	$2,500
Net Investment Income	—	—	—
Distributable Amount	$981	$1,067	$1,153

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

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lotus House ($300), Pelican Harbor Seabird Station ($300), Miami Lighthouse for the Blind ($200).

Recipient	Purpose	Amount
LOTUS HOUSE MIAMI, FL	HUMANITARIAN	$300
MIAMI LIGHTHOUSE FOR THE BLIND MIAMI, FL	HUMANITARIAN	$200
PELICAN HARBOR SEABIRD STATION MIAMI, FL	ANIMAL WELFARE	$300
ST JUDE CHILDRENS HOSPITAL DORAL, FL	HUMANITARIAN	$200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID WALLACK	PRESIDENT	1	—
BARBARA BUCK	TREASURER	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Wallack Family Foundation Inc?

Wallack Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI BEACH, FL. It holds $18K in total assets as of 2024.

How large is Wallack Family Foundation Inc?

As of 2024, Wallack Family Foundation Inc holds $18K in total assets. It awarded 4 grants totaling $1K in 2024.

Where does Wallack Family Foundation Inc operate?

Wallack Family Foundation Inc has awarded grants in Florida.

What size grants does Wallack Family Foundation Inc award?

In 2024, Wallack Family Foundation Inc awarded 4 grants totaling $1K — an average of about $250 per grant, based on its IRS Form 990 filings.

How much is Wallack Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wallack Family Foundation Inc reported a distributable amount of $981 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.