Private Foundation

WALLACE FOUNDATION

WALLACE FOUNDATION, of MORRISTOWN, TN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $263K in revenue, $215K in expenses, $5.3M in total assets. IRS filings disclose 187 grants awarded by this foundation, totaling roughly $706K.

EIN: 626048465 MORRISTOWN, TN Latest filing: 2025

Total Revenue$263K

Total Expenses$215K

Total Assets$5.3M

Grants Given187

Grant Total$706K

Filing Years2020–2025

Sample Grants Given

NEW ORLEANS BAPTIST THEOLOGICAL SEM

NEW ORLEANS, LA · 2024

FOUNDATION BOARD CORPUS

$30,000

NOLACHUCKY BAPTIST ASSOC DIS RELIEF

MORRISTOWN, TN · 2024

DONATION

$16,300

UNITED WAY OF HAMBLEN COUNTY

MORRISTOWN, TN · 2024

GENERAL FUND

$16,000

VOL CHAPT OF ARMY AVIATION ASSOC

JACKSON, TN · 2024

DONATION

$10,000

LAKEWAY FCA

MORRISTOWN, TN · 2024

GENERAL FUND

$8,000

Showing up to 5 of 187 total records — full history available with membership.

Officers & Directors

PRESIDENT Doyle M Wallace

SECRETARY Lisa W Trusler

TREASURER Robin W Dawson

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL FUND

$290,473 53 grants

GENERAL

$172,150 58 grants

DONATION

$132,050 58 grants

FOUNDATION BOARD CORPUS

$45,000 2 grants

SCHOLARSHIP

$39,760 8 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$263K	$215K	$5.3M
2024	$559K	$217K	$4.9M
2023	$3.0M	$140K	$4.3M
2021	$405K	$69K	$656K
2020	$4K	$47K	$264K

Between 2020 and 2025, reported annual revenue grew from $4K to $263K (+6506%), with total assets most recently reported at $5.3M.

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

Grant Geography

Grants from this foundation were reported to recipients in AR, CA, CO, DC, FL, GA, and 4 other states.

ARCACODCFLGALAMIMOMS

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

See the full picture for WALLACE FOUNDATION

Complete financials, all 187 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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