Nonprofit · EIN 04-3340295
WALLACE FAMILY FOUNDATION
Also known as WALLACE RICHARD C TTEE
Tax-exempt · KEY LARGO, FL 33037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $140,016 | $203,380 | -$63,364 | $745,864 | $0 | $745,864 |
| September 30, 2024 | 990-PF | $162,705 | $201,295 | -$38,590 | $809,228 | $0 | $809,228 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $27,047
- Net gain from sales of assets
- $112,969
Expenses
- Grants and similar amounts paid
- $141,350
- Compensation of officers, directors and key employees
- $45,000
- Disbursements for charitable purposes
- $166,575
- Excise tax on investment income
- $1,435
Balance sheet and other
- Total assets, start of year
- $809,228
- Total assets, end of year
- $745,864
- Total liabilities, end of year
- $0
- Net assets, end of year
- $745,864
- Fair market value of assets
- $1,682,639
- Qualifying distributions
- $166,575
- Net investment income
- $140,016
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD C WALLACE 12 CHANNEL CAY RD, KEY LARGO, FL 33037 | Trustee | 7 | $45,000 |
990-PF for the year ended September 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD C WALLACE 12 CHANNEL CAY RD, KEY LARGO, FL 33037 | Trustee | 7 | $45,000 |
Address and contacts
- Address (IRS master file)
- 12 CHANNEL CAY RD, KEY LARGO, FL 33037-5401
- In care of
- % RICHARD C WALLACE
- Signed the 990-PF
- RICHARD C WALLACE, Trustee
- Phone
- (617) 240-3390
- Return prepared by
- QRGA LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 04-3340295
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1997
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21J)
- Assets (IRS master file)
- $745,864
- Income (IRS master file)
- $458,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $140,016 | $203,380 | $745,864 | XML |
| 990-PF | September 2024 | $162,705 | $201,295 | $809,228 | XML |
| 990-PF | September 2023 | $124,972 | $154,485 | $847,818 | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2019 | – | – | – | IRS |
| 990-PF | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3340295).
Questions about WALLACE FAMILY FOUNDATION
- What is the EIN of WALLACE FAMILY FOUNDATION?
- The employer identification number (EIN) of WALLACE FAMILY FOUNDATION is 04-3340295.
- Is WALLACE FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to WALLACE FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALLACE FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALLACE FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALLACE FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of WALLACE FAMILY FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $45,000 (RICHARD C WALLACE, Trustee).
- How much revenue does WALLACE FAMILY FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $140,016, expenses of $203,380 and total assets of $745,864 at year end.
Other nonprofits in KEY LARGO
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- KIPHART FAMILY FOUNDATION EIN 83-2450434 · last filed 990-PF for 2024
- PENINSULA CHARITIES FOUNDATION II EIN 65-0877197 · last filed 990-PF for 2025
- COSTAS FAMILY FOUNDATION INC EIN 27-0881014 · last filed 990-PF for 2025
- GAYLE J & CHARLES C TALLARDY III FOUNDATION INC EIN 87-3014376 · last filed 990-PF for 2025
- DAVIDSON FAMILY FOUNDATION INC EIN 45-3750142 · last filed 990-PF for 2024
- HARRINGTON FAMILY FOUNDATION EIN 83-0343509 · last filed 990-PF for 2024
All nonprofits in KEY LARGO · Florida · Philanthropy, voluntarism and grantmaking foundations