The William H And Margaret M Wallace Foundation is located in Missoula, MT. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. William H And Margaret M Wallace 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 12/2022, William H And Margaret M Wallace Foundation generated $292.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $645.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William H And Margaret M Wallace Foundation has awarded 198 individual grants totaling $3,777,757. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg L Hanson President & Dir | 2.5 | $0 | |
Hj Hanson Secretary & Dir | 0.3 | $0 | |
Gary L Graham Director | 0.3 | $0 | |
Carol A Graham Director | 0.3 | $0 | |
Greg Malone Director | 0.3 | $0 | |
Jill Malone Director | 0.3 | $2,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $33 |
Dividends & Interest | $66,181 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $226,321 |
Capital Gain Net Income | $226,321 |
Net ST Capital Gain | $366 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $292,535 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $2,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $17,603 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $976 |
Total operating and administrative expenses | $46,210 |
Contributions, gifts, grants paid | $599,000 |
Total expenses and disbursements | $645,210 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $33,919 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $5,051,636 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, The William H And Margaret M Wallace Foundation has awarded $599,000 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
RONALD MCDONALD HOUSE PURPOSE: OPERATIONS | $25,000 |
ST PATRICK HOUSE PURPOSE: OPERATIONS | $25,000 |
MONTANA NATURAL HISTORY CENTER PURPOSE: YOUTH EDUCATION | $30,000 |
CHILDRENS ONCOLOGY CAMP FOUNDATION PURPOSE: YOUTH CANCER CAMP | $30,000 |
MISSOULA FOOD BANK PURPOSE: FOOD FOR NEEDY | $65,000 |
YWCA PURPOSE: YOUTH PROGRAMS | $45,000 |