Private foundation · EIN 20-8798457 · Salisbury, North Carolina · Philanthropy & grantmaking

The Wallace Family Foundation Inc

Should you approach them?

Yes, approach them if you're in North Carolina. The foundation accepts applications (The window for submitting grant requests is september 1 - september 30.) and its median grant is $2,000.

From the 2024 Form 990-PF: 20 grants paid, $364K total, median $2,000. 85% of grants stayed in North Carolina. Stated restrictions: Recipients must provide a copy of the letter of determination from the irs.

Accepts applications
Yes
per 990-PF Part XV
Grants paid, 2024
20
$364K
Median grant
$2,000
Stays in NC
85%
of grants
Deadline
See below
The window for submitting grant requests
Assets
$5.5M

How to apply

Applicants contact the foundation in writing. The request includes the charities ein, dollar amount of request, purpose of request and anticipated groups who will benefit from the grant. Contact: Lee Wallace, 1101 Sumter Ct, Salisbury, Nc, 7046362021 Deadlines: The window for submitting grant requests is september 1 - september 30. Restrictions: Recipients must provide a copy of the letter of determination from the irs.

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

20 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Salisbury AcademySalisbury, NCEducation$300K
Families FIRST Nc IncSalisbury, NCShelter$13K
Waterworks Visual Arts CenterSalisbury, NCArts$9,750
Nccf Linville Ridge ScholarshipRalwigh, NCScholarship$8,100
FIRST Presbyterian ChurchSalisbury, NCReligion$7,500
Lee St TheatreSalisbury, NCTheatre$5,000
Piedmont Players Theatre IncSalisbury, NCTheatre$5,000
Rowan County United WaySalisbury, NCCommunity$4,500
Cpcc ScholarshipCharlotte, NCEducation$3,312
Public Justice FoundationWashington, DCCommunity$2,500
Nazareth Child and Family ConnectioSalisbury, NCCommunity$1,500
Brick Ed AcademySalisbury, NCEducation$1,000
Community Care ClinicSalisbury, NCHealth$1,000
Salisbury Rowan Heart BallSalisbury, NCCommunity$550
Rcec PTASalisbury, NCEducation$500
South Carolina Environmental LawGeorgetown, SCEnvironment$500
American Red CrossCharlotte, NCBlood drive$250
South Carolina Beach AdvocatesFolly Beach, SCEnvironment$150
Salisbury Symphony OrchestraSalisbury, NCTheatre$120
Shelter GuardiansSalisbury, NCAnimal care$100

By state: North Carolina 17 · District of Columbia 1 · South Carolina 2

About this foundation

The Wallace Family Foundation Inc is a private grantmaking foundation in Salisbury, North Carolina, tax-exempt since 2014. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does The Wallace Family Foundation Inc accept grant applications?

Yes. On its 2024 Form 990-PF the foundation indicates it accepts applications. Applicants contact the foundation in writing. The request includes the charities ein, dollar amount of request, purpose of request and anticipated groups who will benefit from the grant. Deadlines: The window for submitting grant requests is september 1 - september 30..

How much does The Wallace Family Foundation Inc give each year?

In tax year 2024 it paid $364K across 20 grants, a median of $2,000.

Where does The Wallace Family Foundation Inc give?

North Carolina (17 grants), District of Columbia (1 grants), South Carolina (2 grants), per its latest filing.

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