Private Foundation

THE WALLACE FAMILY FOUNDATION INC

THE WALLACE FAMILY FOUNDATION INC is a Private Foundation headquartered in SALISBURY, NC. Financial data from the 2024 filing: $389K revenue, $370K expenses, $5.5M total assets. IRS filings disclose 143 grants awarded by this foundation, totaling roughly $3.4M.

EIN: 208798457 SALISBURY, NC Latest filing: 2024

Total Revenue$389K

Total Expenses$370K

Total Assets$5.5M

Grants Given143

Grant Total$3.4M

Filing Years2020–2024

Sample Grants Given

SALISBURY ACADEMY

SALISBURY, NC · 2024

EDUCATION

$300,000

FAMILIES FIRST NC INC

SALISBURY, NC · 2024

SHELTER

$12,500

WATERWORKS VISUAL ARTS CENTER

SALISBURY, NC · 2024

ARTS

$9,750

NCCF LINVILLE RIDGE SCHOLARSHIP

RALWIGH, NC · 2024

SCHOLARSHIP

$8,100

FIRST PRESBYTERIAN CHURCH

SALISBURY, NC · 2024

RELIGION

$7,500

Showing up to 5 of 143 total records — full history available with membership.

Officers & Directors

TREAS/SECRET Lee Wallace

PRESIDENT Mona Lisa Wallace

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION

$1,234,589 21 grants

IMPROVE COMMUNITY HEALTH

$1,202,623 4 grants

MEDICAL CENTER

$600,000 1 grant

COMMUNITY

$52,404 11 grants

FUND UNDERSERVED NC COMMUNITIES

$50,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$389K	$370K	$5.5M
2023	$797K	$656K	$5.5M
2022	$1.7M	$918K	$5.4M
2021	$786K	$20K	$3.8M
2020	$3.1M	$77K	$3.0M

Between 2020 and 2024, reported annual revenue declined from $3.1M to $389K (-87%), with total assets most recently reported at $5.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, GA, IN, MD, NC, NV, and 3 other states.

DCGAINMDNCNVNYSCVI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE WALLACE FAMILY FOUNDATION INC

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports