Walter F Wallace Jr Memorial Foundation

Organization Overview

Walter F Wallace Jr Memorial Foundation is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter F Wallace Jr Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Walter F Wallace Jr Memorial Foundation generated $959.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $141.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Walter F Wallace Jr Memorial Foundation has awarded 46 individual grants totaling $515,773. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $504,378
Interest on Savings $0
Dividends & Interest $64,160
Net Rental Income$0
Net Gain on Sale of Assets $390,474
Capital Gain Net Income $390,474
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $271
Total Revenue $959,283

Grants Awarded

Over the last fiscal year, Walter F Wallace Jr Memorial Foundation has awarded $123,132 in support to 9 organizations.

Grant RecipientAmount

FAMILY FOUNDATION OF VA

Org PageRecipient Profile

Richmond, VA

PURPOSE: PROGRAM SUPPORT

$33,132

HILLSDALE COLLEGE

Org PageRecipient Profile

Hillsdale, MI

PURPOSE: GENERAL OPERATING PURPOSES

$25,000

ASHBROOK CENTER

PURPOSE: PROGRAM SUPPORT

$15,000

NATURE CONSERVANCY OF S CAROLINA

PURPOSE: PROGRAM SUPPORT

$15,000

Indianapolis, IN

PURPOSE: PROGRAM SUPPORT

$10,000

Arlington, VA

PURPOSE: GENERAL OPERATING PURPOSES

$10,000
View Grant Profile

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