Wallack Family Foundation Inc

Private foundation · Grantmaker Miami Beach, FL EIN: 65-0879510

Wallack Family Foundation Inc is a private foundation, based in Miami Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $18K in total assets.

Key facts about Wallack Family Foundation Inc

EIN
65-0879510
Latest 990 filing
Form 990-PF, 2025
Total assets
$18,144

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$18K

-1.0% YoY

Revenue

—

Net Investment Income

—

Expenses

$181

-94.3% YoY

Under IRS private-foundation payout rules, Wallack Family Foundation Inc reported a distributable amount of $898 for 2025 — the minimum it must pay out in qualifying distributions.

How Wallack Family Foundation Inc gives

  • In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

MiamiDoralHomesteadTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K1 grants20190 grants20200 grants20217 grants20220 grants20234 grants20240 grants2025

From 2019 to 2024, annual grant giving ranged from $1K (2024) to $3K (2022). In 2024 it made 4 grants totaling $1K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

11 grants across all recorded years

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

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Expenses
Qualifying Distributions
$0$1K$2K$3K$4K2019202020212022202320242025
Metric202520242023
Total Assets$18,144$18,325$21,513
Revenue———
Expenses$181$3,188$320
Qualifying Distributions—$1,000—
Net Investment Income———
Distributable Amount$898$981$1,067

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 28, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 1, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS December 18, 2023)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 22, 2024)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 13, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Wallack Family Foundation Inc is led by David Wallack, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Wallack

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Barbara Buck

    Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Wallack Family Foundation Inc

How large is Wallack Family Foundation Inc?

Wallack Family Foundation Inc reported $18K in total assets on its 2025 IRS Form 990-PF.

Where does Wallack Family Foundation Inc operate?

Wallack Family Foundation Inc has awarded grants in Florida.

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 2025, Wallack Family Foundation Inc reported a distributable amount of $898 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wallack Family Foundation Inc's EIN?

Wallack Family Foundation Inc's EIN (Employer Identification Number) is 65-0879510. IRS Form 990 filing data is available on this page for 2019–2025.

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

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